Skip to content

SIMPSON

Active
Private limited company (pre-2019)founded 198837 yrs activeDe Frélaan 195, 1180 Ukkel, BelgiumKBO/BCE: BE 0435.532.374
Summary

The computed 12-month bankruptcy probability of SIMPSON is 2.7% (moderate). The 2025 annual accounts show equity of €117,664 and a net result of -€26,653. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 4059 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
How big
€148,149total assets 2025
Equity
€117,664
Loss
-€26,653
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
2.7%
Who decides
Accounts filed 31 d late
Why 52- Sector Food and beverage service activities (NACE 56)- Loss of €26,653, the second in a row (FY 2025)- Latest accounts 31 days late; 1 of the last 3 late- No establishment unit in the KBOShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 79.4% of total assets
Liquidity 53-6
short-term debt 18.4% · cash 6.5%
Profitability 0=
return on assets -18.0%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 3 months 08-2026: 2.6%lowest value 09-2026: 2.7%▲ +4.1% vs 08-2026highest value 10-2026: 2.7%● 0.0% vs 09-2026highest value
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Loss of €26,653, the second in a row (FY 2025) raises the probability
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
  • No establishment unit in the KBO raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.49 against 4.18 in 2024; short-term debt: 18.4% and cash: 6.5% of total assets), and 20.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 94%, liquidity 55%, profitability 8%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Loss of €26,653, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€26,653
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
30 d late
2023
30 d late
2022
27 d late
2021
27 d late
2020
30 d late
2019
85 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€31,388

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2025 -€26,653 View
  • Caution: Among the weakest 15% on net resultsector median €10,508 · 4,051 companies -€26,653 View
  • Active since 1988founded 04-10-1988 37 years View

By topic

Financials

Fiscal year
2025
Total assets
€148,149
Loss
-€26,653
Solvency
79.4%
Total assets▼ 8.6%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 30-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
04-10-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.