Simonis Plastic
A bankruptcy procedure is open for Simonis Plastic according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €904k and a net result of €-106k.
| Equity | €904k |
| Net result | €-106k |
| Staff (FTE) | 38.3 |
| Better than sector | 37% |
Fragile profile, watch health in particular.
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.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.8% | 19.7% | |
| Net result | €-106k | €11k | |
| Equity | €904k | €76k | |
| Staff costs | €1.92M | €319k | |
| Employees (FTE) | 38.3 | 9.6 |
| Fiscal year | 2022 |
|---|---|
| Revenue | €4.20M |
| EBITDA | €166k |
| Net profit | €-106k |
| Cash flow | €7k |
| Staff costs | €1.92M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €6.53M |
| Equity | €904k |
| Debt | €5.61M |
| of which ≤ 1y | €4.57M |
| of which > 1y | €1.05M |
| Working capital | €-734k |
| Employees (FTE) | 38.3 |
| 2022 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.66 |
| Working capital ratio | -11.2% |
| Solvency | 13.8% |
| Debt / equity | 6.21 |
| Long-term debt ratio | 1.16 |
| Interest coverage | 0.93 |
| Gross margin | 56.1% |
| Net margin | -2.5% |
| ROA | -1.6% |
| ROE | -11.8% |
| EBITDA margin | 4.0% |
| Days sales outstanding | 236d |
| Days payable outstanding | 448d |
| Inventory turnover | 2.22 |
| Days inventory (DSI) | 165d |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.53M |
| Fixed assets | 21/28 | €2.70M |
| Intangible fixed assets | 21 | €222k |
| Tangible fixed assets | 22/27 | €440k |
| Financial fixed assets | 28 | €2.03M |
| Current assets | 29/58 | €3.83M |
| Stocks & contracts in progress | 3 | €833k |
| Amounts receivable within one year | 40/41 | €2.79M |
| Cash & bank | 54/58 | €169k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.53M |
| Equity | 10/15 | €904k |
| Contributions / capital | 10/11 | €1.09M |
| Reserves | 13 | €113k |
| Accumulated profits (losses) | 14 | €-475k |
| Provisions & deferred taxes | 16 | €13k |
| Amounts payable | 17/49 | €5.61M |
| Amounts payable after one year | 17 | €1.05M |
| Amounts payable within one year | 42/48 | €4.57M |
| Trade debts payable within one year | 44 | €2.26M |
| Income statement | ||
| Turnover | 70 | €4.20M |
| Operating result | 9901 | €53k |
| Financial income | 75 | €20k |
| Financial charges | 65 | €178k |
| Result before taxes | 9903 | €-105k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-106k |
| Result to be appropriated | 9905 | €-106k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CAROLINE DEWANDRE PLACE VERTE 13,
4000 LIEGE 1 |
03-10-2024 → present | Belgian State Gazette |
| NACE primary | 22210 |
| Legal form | Public limited company(014) |
| Incorporation | 11-08-1969 |
| Status | Active |
| Postal code | 4430 |
| First BS signal | 23-04-2024 |
| Latest BS signal | 09-10-2024 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-06-2024 1 resigning, 1 reappointed
- Fernando Fuentes, Directeur
- Fernando Fuentes, Directeur
Technical details
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}24-02-2022 Restructuring of share classes
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Simonis Plastic |