Simul Fortis
ActiveSummary
Simul Fortis has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €37k. Equity is growing by ~68% per year across the filed fiscal years. Its solvency ranks better than 70% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 3.13 in 2024; short-term debt: 25.4% and cash: 81.3% of total assets), and 25.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.6%
Return on assets
29%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
94 d early
2024
on the day
2023
33 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€95k▲ 63.4%
2024 · €58k
2023: €16k
2024: €58k
2023 → 2025
Total assets
€127k▲ 49.9%
2024 · €85k
2023: €32k
2024: €85k
2023 → 2025
Net result
€37k▼ 12.8%
2024 · €42k
2023: €11k
2024: €42k
2023 → 2025
Working capital
€89k▲ 56.5%
2024 · €57k
2023: €14k
2024: €57k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€16k-€58k▲ 266%€95k▲ 63.4%
Operating result€14k-€54k▲ 290%€47k▼ 13.1%
Net result€11k-€42k▲ 288%€37k▼ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€6k ▲ 392%
Current assets
€121k ▲ 45.0%
Equity and liabilities €127k
Equity
€95k ▲ 63.4%
Debt
€32k ▲ 20.6%
Debt's share of the balance-sheet total falls from 31.5% to 25.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €54k
Cash flow
€38k▼
2024 · €43k
Current ratio
3.76▲
2024 · 3.13
Debt to equity
0.34▼
2024 · 0.46
ROE
38.8%▼
2024 · 72.7%
ROA
29.0%▼
2024 · 49.8%
Interest coverage
500.53▲
2024 · 256.16
Debt ≤ 1 year
€32k▲
2024 · €27k
Income taxes
€10k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€127k▲
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€1k€6k▲
Plant, machinery and equipment23€1k€533▼
Furniture and vehicles24-€5k
Current assets29/58€84k€121k▲
Amounts receivable within one year40/41€21k€17k▼
Trade receivables40€21k€17k▼
Cash at bank and in hand54/58€60k€103k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€85k€127k▲
Equity10/15€58k€95k▲
Contributions10/11€5k€5k=
Reserves13€53k€90k▲
Distributable reserves133€53k€90k▲
Amounts payable17/49€27k€32k▲
Amounts payable within one year42/48€27k€32k▲
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Taxes, remuneration and social security45€20k€18k▼
Taxes450/3€20k€18k▼
Other amounts payable47/48€446€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€655€1k▲
Other operating charges640/8€88€250▲
Gross operating margin9900€55k€48k▼
Operating profit (loss)9901€54k€47k▼
Financial income75/76B€15€79▲
Recurring financial income75€15€79▲
Financial charges65/66B€213€96▼
Recurring financial charges65€213€96▼
Profit (loss) for the period before taxes9903€54k€47k▼
Income taxes67/77€11k€10k▼
Profit (loss) for the period9904€42k€37k▼
Profit (loss) for the period to be appropriated9905€42k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€37k▼
Transfer to equity691/2€42k€37k▼
To other reserves6921€42k€37k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €42k ▲288%
Operating result €54k, net result €42k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oostbergdreef 29140 TemseGround area
768 m²
Building footprint
144 m²
Volume, LiDAR
833 m³
Parcel 46302D1090/00E000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Simul Fortis
since 20232.348.061.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1090/00E000 | Flanders | 768 m² | 1 · 144 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Wim Driesen Services
BE 0748.772.001
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GESCOFI RB
BE 0781.419.330
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adanso
BE 0897.644.433
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Manserra
BE 0802.363.709
Zoersel · Eq €94,965
ROSA CONSULTING SERVICES
BE 0788.290.690
Gembloux · Eq €94,898
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,522 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.