Checked.be
Active
BE 0480.180.781Private limited company (pre-2019)
KEEP IT SIMPLE
Dennenlaan 63 ·2560 Nijlen, Belgium· 23 yrs active
Sector: Retail sale of information and communication equipment
(47400)
Conclusion
KEEP IT SIMPLE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.45M and a net result of €-9k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €3.45M |
| Net result | €-9k |
| Better than sector | 88% |
| Active | 23 yrs |
Financial profile
61
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
0
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
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.
Checked score
52
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€180k
estimate, not credit advice
Score history
48
2021
51
2022
100
2023
86
2024
52
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 11.85 (≥ 1.5)
+10
Quick ratio
Quick ratio 11.85 (≥ 1.0)
+5
Leverage
Debt/equity 0.23 (< 1.0)
+10
Profitability
Negatieve ROE 0%
-10
Interest coverage
Interest coverage -1.6× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~27.9%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 81.6% | 34.6% | |
| Net result | €-9k | €5k | |
| Equity | €3.45M | €44k | |
| Gross operating margin | €-23k | €34k | |
| Total assets | €4.23M | €154k |
€-28k
-
21-25
€-9k
-
21-25
€41k
-74.2%
21-25
€4.23M
-7.5%
21-25
€3.45M
-0.3%
21-25
€3.06M
0.0%
21-25
€760
-98.0%
21-25
€859
+3.1%
21-25
€778k
-30.0%
21-25
€282k
-50.9%
21-25
€492k
-8.4%
21-25
11.85
+87.2%
21-25
11.85
+87.2%
21-25
81.6%
+7.8%
21-25
0.23
-29.8%
21-25
-0.3%
-
21-25
-0.2%
-
21-25
-1.58
-
21-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | -95.9% | +3759.7% | -46.9% | - |
| Net profit | - | -96.5% | +14044.0% | -76.5% | - |
| Cash flow | -74.2% | -94.9% | +4829.0% | -52.7% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | -98.0% | -88.9% | +3337.4% | -41.3% | - |
| Dividends | - | +3.1% | +4.1% | - | - |
| Total assets | -7.5% | +5.7% | +335.2% | -6.3% | - |
| Equity | -0.3% | +3.2% | +1203.3% | +8.9% | - |
| Debt | -30.0% | +14.2% | +32.1% | -10.7% | - |
| of which ≤ 1y | -50.9% | +46.7% | +267.5% | -22.6% | - |
| of which > 1y | -8.4% | -7.8% | -7.4% | -8.2% | - |
| Working capital | 0.0% | -0.5% | - | -8.5% | - |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (micro schema, abbreviated schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 11.85 | 6.33 | 8.86 | 0.65 | 0.75 |
| Quick ratio | 11.85 | 6.33 | 8.86 | 0.65 | 0.75 |
| Working capital ratio | 72.3% | 66.9% | 71.1% | -3.7% | -3.2% |
| Solvency | 81.6% | 75.7% | 77.5% | 25.9% | 22.3% |
| Debt / equity | 0.23 | 0.32 | 0.29 | 2.86 | 3.49 |
| Long-term debt ratio | 0.14 | 0.16 | 0.17 | 2.44 | 2.90 |
| Interest coverage | -1.58 | 8.03 | 241.75 | 5.53 | 9.56 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -0.2% | 2.4% | 71.6% | 2.2% | 8.8% |
| ROE | -0.3% | 3.2% | 92.4% | 8.5% | 39.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.23M | €4.58M | €4.33M | €995k | €1.06M |
| Fixed assets | 21/28 | €889k | €938k | €860k | €925k | €958k |
| Tangible fixed assets | 22/27 | €889k | €938k | €860k | €874k | €907k |
| Financial fixed assets | 28 | - | - | - | €50k | €50k |
| Current assets | 29/58 | €3.34M | €3.64M | €3.47M | €70k | €104k |
| Amounts receivable within one year | 40/41 | €46k | €18k | €19k | €53k | €79k |
| Investments | 50/53 | €2.12M | €2.09M | €2.21M | - | - |
| Cash & bank | 54/58 | €756 | €349k | €89k | €13k | €22k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.23M | €4.58M | €4.33M | €995k | €1.06M |
| Equity | 10/15 | €3.45M | €3.46M | €3.35M | €257k | €236k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €3.44M | €3.45M | €3.34M | €245k | €224k |
| Amounts payable | 17/49 | €778k | €1.11M | €974k | €737k | €825k |
| Amounts payable after one year | 17 | €492k | €537k | €582k | €629k | €685k |
| Amounts payable within one year | 42/48 | €282k | €575k | €392k | €107k | €138k |
| Trade debts payable within one year | 44 | €6k | €6k | €16k | €14k | €8k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-23k | €148k | €3.46M | €94k | €173k |
| Operating result | 9901 | €-78k | €93k | €3.43M | €48k | €127k |
| Financial income | 75 | €88k | €72k | €26k | €16 | €200 |
| Financial charges | 65 | €18k | €18k | €14k | €16k | €18k |
| Result before taxes | 9903 | €-8k | €148k | €3.44M | €32k | €110k |
| Income taxes | 67/77 | €760 | €38k | €342k | €10k | €17k |
| Net result for the period | 9904 | €-9k | €110k | €3.10M | €22k | €93k |
| Result to be appropriated | 9905 | €-9k | €110k | €3.10M | €22k | €93k |
Legal Structure
| NACE primary | Retail sale of information and communication equipment(47400) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 08-05-2003 |
| Status | Active |
| Postal code | 2560 |
Establishment units
Dennenlaan 63, 2560 Nijlen
since 20032.131.467.805
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026B0334/00K000 | Flanders | 2,202 m² | 1 · 301 m² | 5.0 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Weakest financial yearnet €-9k ▼108%
Net result drops to €-9k, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €3.10M ▲14044%
Operating result €3.43M, net result €3.10M, both a record.
31-12
Financial
Liquidity times 14current ratio 8.86
Current ratio from 0.65 to 8.86.
31-12
Financial
Equity above €2MEq €3.35M ▲1203%
3 profitable years in a row build equity to €3.35M.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Retail sale of information and communication equipment47400Retail trade4741052487IT consultancy62020Other information technology and computer services62900Computer consultancy and computer facilities management62200Renting and operating of own or leased residential real estate, excluding social housing68201721007250072600Repair and maintenance of computers and communication equipment95100Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles95110
Names & trade names
| Legal nameNL | KEEP IT SIMPLE |
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