Active BE 0541.318.396Private limited company (pre-2019)

SAIMON

Rue de Bruxelles 7 ·1400 Nivelles, Belgium· 12 yrs active

Sector: Activiteiten van eetgelegenheden met volledige bediening (56111)

Conclusion Checked

The KBO register records legal situation 050 for SAIMON (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €56k and a net result of €-7k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€56k
Net result	€-7k
Staff (FTE)	0.6
Better than sector	73%

Financial profile 5 of 5 axes measured · computed by Checked

20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 74

Growth 25

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

20 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 2 judicial reorganisations (+20)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Earlier reorganisation (closed)

Involved in a judicial reorganisation procedure in the past. No current open procedure.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 27-12-2022 with the NBB · fiscal year 2021 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	49.2%	21.7%	better than 73% of 226 sector peers
Net result	€-7k	€6k	better than 30% of 227 sector peers
Equity	€56k	€22k	better than 66% of 228 sector peers
Gross operating margin	€13k	€61k	better than 28% of 217 sector peers
Staff costs	€11k	€79k	higher than 21% of 159 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€141k

+21.6% 18-21

EBITDA

€-3k

- 18-21

Net profit

€-7k

- 18-21

Cash flow

€47k

-18.7% 18-21

Total assets

€114k

+10.3% 18-21

Equity

€56k

-10.9% 18-21

Working capital

€4k

-92.7% 18-21

Employees (FTE)

1

- 18-21

Show 12 other metrics

Staff costs

€11k

- 18-21

Income taxes

€7k

-48.3% 18-21

Debt

€58k

+43.3% 18-21

Debt ≤ 1y

€58k

+43.3% 18-21

Current ratio

1.07

-55.2% 18-21

Quick ratio

1.07

-55.2% 18-21

Solvency

49.2%

-19.2% 18-21

Debt / equity

1.03

- 18-21

ROE

-12.3%

- 18-21

ROA

-6.0%

- 18-21

Net margin

-4.9%

- 18-21

EBITDA margin

-2.2%

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	€141k
EBITDA	-
Net profit	€-7k
Cash flow	-
Staff costs	€11k
Income taxes	€7k
Dividends	-
Total assets	€114k
Equity	€56k
Debt	€58k
of which ≤ 1y	€58k
of which > 1y	-
Working capital	€4k
Employees (FTE)	0.6

Ratios (computed)

	2021
Current ratio	1.07
Quick ratio	1.07
Working capital ratio	3.6%
Solvency	49.2%
Debt / equity	1.03
Long-term debt ratio	-
Interest coverage	-
Gross margin	0.5%
Net margin	-4.9%
ROA	-6.0%
ROE	-12.3%
EBITDA margin	-
Days sales outstanding	138d
Days payable outstanding	53d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €52k · 45.6% Current assets €62k · 54.4%

Equity & liabilities

Equity €56k · 49.2% Debt €58k · 50.8%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€114k
Fixed assets	21/28	€52k
Tangible fixed assets	22/27	€52k
Current assets	29/58	€62k
Amounts receivable within one year	40/41	€54k
Cash & bank	54/58	€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€114k
Equity	10/15	€56k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€36k
Amounts payable	17/49	€58k
Amounts payable within one year	42/48	€58k
Trade debts payable within one year	44	€21k
Income statement
Turnover	70	€141k
Gross operating margin	9900	€13k
Operating result	9901	€334
Financial charges	65	€178
Result before taxes	9903	€157
Income taxes	67/77	€7k
Net result for the period	9904	€-7k
Result to be appropriated	9905	€-7k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met volledige bediening(56111)
Legal form	Private limited company (pre-2019)(015)
Incorporation	09-10-2013
Status	Active
Postal code	1400
First BS signal	06-11-2018
Latest BS signal	16-04-2019

Establishment units 1 location

PHENICIA PLAZA

Rue de Bruxelles 7, 1400 NivellesRestaurant van het traditionele type

since 20132.223.635.819

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25782D0084/00B000	Wallonia	344 m²	1 · 55 m²	16.9 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

27-12-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

31-01-2022

State Gazette act Capital & shares

2021

06-12-2021

NBB filing Annual accounts filed

fiscal year 2020 · volledig

06-12-2021

NBB filing Annual accounts filed

fiscal year 2019 · volledig

2019

31-12-2019

NBB filing Annual accounts filed

fiscal year 2018 · volledig

16-04-2019

Judicial reorganisation Plan homologation

Tribunal de l’entreprise du Brabant wallon · 20180036 · event 08-04-2019

2018

06-11-2018

Judicial reorganisation Opening

Tribunal de l’entreprise du Brabant wallon · collectif · event 29-10-2018

23-10-2018

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2017

30-09-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

29-06-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2015

12-09-2015

NBB filing Annual accounts filed

fiscal year 2014 · volledig

Lifecycle & Insolvency Signals2 events

16-04-2019

Judicial reorganisation Plan homologation

Date: 08-04-2019 · Tribunal de l’entreprise du Brabant wallon · 20180036 · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 29-10-2018 to 08-04-2019.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2018, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 12 acts read

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

31-01-2022

Capital change

All acts · 1 updated 4 years ago

2022

31-01-2022 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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  "act_meta": {
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    "act_kind_objet": "Objet de l\u0027acte:"
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  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2021-12-31",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2021-12-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0541.318.396",
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112

Primary activity highlighted.

Names & trade names

Legal nameFR

SAIMON

Registered office

Rue de Bruxelles 7 bus 4

1400 Nivelles, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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