Equity
€1.7m ▼ 60.2%
KEEP IT SIMPLE paid out €3.0m in dividends. That is 823% of the 2025 profit.
KEEP IT SIMPLE
Lifetime
18 annual accounts with figures on one time axis, 19 filings since 2007peak €842,744 (2020)
€590,794▼ 12.3%
lowest -€6,725 (2016)
€364,642▼ 17.6%
peak €4.4m (2024)
€1.7m▼ 60.2%
€3.1m▲ 55×
Board8 names since 2017
2 directors and 1 other
Owners3 names in the annual accounts
100%
Documentsfilings and deeds
03-06-202658 days before the deadline
2025abbreviated format
Gross margin from €673,387 to €590,794Registered office moved from Mechelen to Eeklo 10-01Dividend €3.0mEquity from €4.4m to €1.7mDebts from €57,096 to €3.1mCash from €945,237 to €42,917
Key points
from the 2025 annual accountsDebts
€3.1m ▲ 55×
Debts rose by €3.1m in 2025.
Investments
€31,622 0.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.12 was 58.95 in 2024
Short-term debts rose from €50,374 to €3.1m.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 34 to 71 days before the end of the period.
Position in the sector
€364,642
Higher net result than 90% of companies in real estate. Sector median €12,777 · 12,429 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as KEEP IT SIMPLE has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for KEEP IT SIMPLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director, since 23-10-2024
Auditor
- 100%score equity €15.7m (2025) · 2025 annual accounts of
Recent changes
Permanent representatives: and
General meeting of 19-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0892465524
Registered office moved from Mechelen to Eeklo
New registered office: Pokmoere 4, 9900 Eeklo · Previous registered office: Oude Leestsebaan 72, 2800 Mechelen · Resignations: , and · General meeting of 03-12-2024 · Gazette deed
3 directors appointed, 2 resignations
Resignations: and · Appointments: , and · Director discharge: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KEEP IT SIMPLE Eeklo | €4.9m | €590,794 | 35.7% | - |
| CORPHI Merelbeke-Melle | €5.0m | €496,507 | 27.6% | 1 |
| PATRIMO J.B. Braine-l'Alleud | €4.6m | €581,200 | 6.8% | - |
| SERVICE CENTER KACHTEM Hooglede | €5.2m | €656,881 | 40.6% | 0 |
| G&K Machelen (Brab.) | €5.5m | €597,972 | 27.5% | 0 |
| PFAFFENTHAL INVESTMENTS BELGIUM Ixelles | €5.7m | €580,340 | 25.9% | - |
| WEGELIGHT Zemst | €4.3m | €508,838 | 35.3% | 0 |
These companies have the same main activity as KEEP IT SIMPLE: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €4.3m and €5.7m, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 27-09-2007Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.166.231.0219900 Eeklo, since 02-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- ≈ €660,000estimated
- €4.9m▲ 10.0%
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Insights on KEEP IT SIMPLE
KEEP IT SIMPLE files the abbreviated format. That format states no turnover. The gross margin rose from €282,517 in 2011 to €590,794 in 2025.
holds all the shares. In October 2024, three directors stepped down. In January 2025, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KEEP IT SIMPLE
- What is the company number of KEEP IT SIMPLE?
- The company number of KEEP IT SIMPLE is 0892.465.524. The VAT number is the same number with BE in front: BE 0892.465.524.
- Where is KEEP IT SIMPLE based?
- The registered office is at Pokmoere 4, 9900 Eeklo.Company details
- What does KEEP IT SIMPLE do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of KEEP IT SIMPLE?
- KEEP IT SIMPLE is a public limited company (NV).
- When was KEEP IT SIMPLE founded?
- KEEP IT SIMPLE was founded on 27-09-2007.
- Is KEEP IT SIMPLE still active?
- Yes, KEEP IT SIMPLE is an active enterprise in the KBO register.
- What is the turnover of KEEP IT SIMPLE?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €590,794 and 38 comparable companies (NACE 68201). It probably lies between €590,000 and €740,000.Financials
- Is KEEP IT SIMPLE profitable?
- In financial year 2025, KEEP IT SIMPLE made a profit of €364,642.
- Where can I find the annual accounts of KEEP IT SIMPLE?
- KEEP IT SIMPLE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KEEP IT SIMPLE due?
- KEEP IT SIMPLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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