WETS SIMON
ActiveSummary
WETS SIMON has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1,590 and a net result of -€996. Equity is shrinking by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 434 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 6 accounts on average 100 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, micro schema
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Peer companies
Historical observationOf the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 849 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €387 | - | - |
| Gross operating margin9900 | €4,529 | -€536 | -€234 | -€256 | -€746 | ▼ 192% |
| Operating profit (loss)9901 | €4,529 | -€536 | -€234 | -€643 | -€746 | ▼ 16.0% |
| Financial charges65/66B | €12 | €155 | €292 | €241 | €250 | ▲ 3.9% |
| Recurring financial charges65 | €12 | €155 | €292 | €241 | €250 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | €4,517 | -€691 | -€526 | -€884 | -€996 | ▼ 12.7% |
| Income taxes67/77 | €772 | - | - | - | - | - |
| Profit (loss) for the period9904 | €3,745 | -€691 | -€526 | -€884 | -€996 | ▼ 12.7% |
| Profit (loss) for the period to be appropriated9905 | €3,745 | -€691 | -€526 | -€884 | -€996 | ▼ 12.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,602 | €9,136 | €7,433 | €6,368 | €25,337 | ▲ 298% |
| Current assets29/58 | €10,602 | €9,136 | €7,433 | €6,368 | €25,337 | ▲ 298% |
| Amounts receivable within one year40/41 | €1,175 | €1,175 | - | - | €20,000 | - |
| Other amounts receivable41 | €1,175 | €1,175 | - | - | €20,000 | - |
| Cash at bank and in hand54/58 | €9,427 | €7,961 | €7,433 | €6,368 | €5,337 | ▼ 16.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,602 | €9,136 | €7,433 | €6,368 | €25,337 | ▲ 298% |
| Equity10/15 | €6,088 | €5,397 | €3,470 | €2,587 | €1,590 | ▼ 38.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €3,088 | €2,000 | €400 | €400 | €400 | = |
| Non-distributable reserves130/1 | €3,088 | - | - | - | - | - |
| Reserves not available under the articles1311 | €3,088 | - | - | - | - | - |
| Distributable reserves133 | - | €2,000 | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | - | €397 | €70 | -€813 | -€1,810 | ▼ 122% |
| Amounts payable17/49 | €4,514 | €3,739 | €3,963 | €3,781 | €23,747 | ▲ 528% |
| Amounts payable within one year42/48 | €4,514 | €3,739 | €3,963 | €3,781 | €23,747 | ▲ 528% |
| Taxes, remuneration and social security45 | €4,514 | €3,739 | €3,949 | €3,737 | €3,720 | ▼ 0.5% |
| Taxes450/3 | €4,514 | €3,739 | €3,949 | €3,737 | €3,720 | ▼ 0.5% |
| Other amounts payable47/48 | - | - | €14 | €44 | €20,027 | ▲ 45,675% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,745 | -€691 | -€526 | -€884 | -€996 | ▼ 12.7% |
| Operating cash flow (approximation) | €3,745 | -€691 | -€526 | -€884 | -€996 | ▼ 12.7% |
| Change in cash | - | -€1,466 | -€528 | -€1,065 | -€1,031 | ▲ 3.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0095/00G008 | Brussels | 2,317 m² | 1 · 334 m² | 32.7 m · 10 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.