Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Four of the last ten came late. The 2023 accounts came latest: 6 days after the end of the period.
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 41% of them on solvency, 38% on liquidity, 67% on profitability and 80% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is insufficient, with a current ratio of 0.11 (0.37 in 2024), below 1. Short-term debt is 25.8% and cash 0.1% of total assets. 68.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SIMPLISSIMO Ath | €222,416 | €34,494 | 31.2% | - |
| VINATHITUDE Ath | €237,004 | €31,765 | 95.6% | - |
| QUVE Temse | €241,004 | €39,646 | 54.7% | - |
| MHO CONSULT Waterloo | €228,382 | €32,702 | 86.6% | - |
| Ka & S Ghent | €194,423 | €29,947 | 83.1% | - |
| NOVELLIA EUROPE Ottignies-Louvain-la-Neuve | €197,708 | €27,977 | 14.7% | - |
| ZOOPBOOK Landen | €181,554 | €34,533 | 48.7% | - |
These companies have the same main activity as SIMPLISSIMO: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €182,000 and €241,000, founded between 2009 and 2011.
SIMPLISSIMO files the micro format. That format states no turnover. The gross margin rose from -€5,737 in 2011 to €34,494 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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