MAKE IT SIMPLE
ActiveSummary
MAKE IT SIMPLE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€83,862) and a net result of €33,617. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 5% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- -€83,862
- Profit
- €33,617
Why 55raises riskCapped at 59: negative equityNegative equity -€83,862Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €52,410Founded in 2009Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 10% on liquidity, 92% on profitability and 74% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Legal-form change · Resignations & appointmentsResignation: DABI Alain Salomon Herbert…
- Highest result from 2023 to 2025net €33,617 ▲834%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 8.3 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.8% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,631 | - |
| Other operating charges640/8 | €707 | €536 | €149 | ▼ 72.2% |
| Gross operating margin9900 | -€44,139 | €4,687 | €34,439 | ▲ 635% |
| Operating profit (loss)9901 | -€44,846 | €4,151 | €34,290 | ▲ 726% |
| Financial income75/76B | €10 | - | €0 | - |
| Recurring financial income75 | €10 | - | €0 | - |
| Financial charges65/66B | €241 | €552 | €673 | ▲ 21.9% |
| Recurring financial charges65 | €141 | €552 | €673 | ▲ 21.9% |
| Non-recurring financial charges66B | €100 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€45,077 | €3,599 | €33,617 | ▲ 834% |
| Profit (loss) for the period9904 | -€45,077 | €3,599 | €33,617 | ▲ 834% |
| Profit (loss) for the period to be appropriated9905 | -€45,077 | €3,599 | €33,617 | ▲ 834% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €11,378 | €31,310 | €52,410 | ▲ 67.4% |
| Current assets29/58 | €11,378 | €31,310 | €52,410 | ▲ 67.4% |
| Amounts receivable within one year40/41 | €6,549 | €23,030 | €44,795 | ▲ 94.5% |
| Trade receivables40 | €6,509 | €22,923 | €43,247 | ▲ 88.7% |
| Other amounts receivable41 | €40 | €107 | €1,547 | ▲ 14× |
| Cash at bank and in hand54/58 | €4,735 | €8,164 | €7,487 | ▼ 8.3% |
| Deferred charges and accrued income490/1 | €94 | €116 | €128 | ▲ 10.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €11,378 | €31,310 | €52,410 | ▲ 67.4% |
| Equity10/15 | -€121,078 | -€117,479 | -€83,862 | ▲ 28.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €755 | €755 | €755 | = |
| Non-distributable reserves130/1 | €755 | €755 | €755 | = |
| Reserves not available under the articles1311 | €755 | €755 | €755 | = |
| Profit (loss) carried forward14 | -€128,033 | -€124,434 | -€90,817 | ▲ 27.0% |
| Amounts payable17/49 | €132,456 | €148,789 | €136,272 | ▼ 8.4% |
| Amounts payable within one year42/48 | €132,456 | €148,789 | €136,272 | ▼ 8.4% |
| Trade debts44 | €6,957 | €23,570 | €408 | ▼ 98.3% |
| Suppliers440/4 | €6,957 | €23,570 | €408 | ▼ 98.3% |
| Taxes, remuneration and social security45 | €8,660 | €5,583 | €3,471 | ▼ 37.8% |
| Taxes450/3 | €8,660 | €5,583 | €3,471 | ▼ 37.8% |
| Other amounts payable47/48 | €116,839 | €119,636 | €132,393 | ▲ 10.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€45,077 | €3,599 | €33,617 | ▲ 834% |
| Operating cash flow (approximation) | -€45,077 | €3,599 | €33,617 | ▲ 834% |
| Change in cash | - | €3,429 | -€677 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 02-06-2026 | 2026-00138461 |
| 31-12-2024 | micro format | 31-05-2025 | 2025-00126633 |
| 31-12-2023 | micro format | 24-09-2024 | 2024-00471136 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DABI Alain Salomon Herbert |
|
Owners and capital
Capital and shareholders
- DABI Alain Salomon Herbert all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 21-05-2026 Converted to unavailable equity · €6,200
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-05
Gazette deed
Legal-form change · Resignations & appointmentsResignation: DABI Alain Salomon Herbert (manager) · Appointment: DABI Alain Salomon Herbert (director) · Shareholding18 facts ▸
- General meeting, 18-05-2026
- Shareholding, 18-05-2026, 100
- Incorporation, 05-11-2009
- Other provision, “statuts non modifiés depuis la constitution” (deed in French)
- Other provision, “mise en conformité au Code des sociétés et des associations, mettre en conformité” (deed in French)
- Legal-form conversion, “société à responsabilité limitée (en abrégé SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du caractère indisponible du compte de capitaux propres article 39,§2, formes et majorités de la modification des statuts” (deed in French)
- Amendment of the articles
- Board rule, 1
- Director resignation, DABI Alain Salomon Herbert (manager)
- Director appointment, DABI Alain Salomon Herbert (director)
- +6 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0820.367.206
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21618B0278/00G012 | Brussels | 123 m² | 1 · 74 m² | 17.5 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'organisation de tous types d'événements,séminaires professionnels ou de loisirs,activités culturelles,sportives,folkloriques,formations en…” (deed in French)
6 activities (deed in French)
- L'organisation de tous types d'événements,séminaires professionnels ou de loisirs,activités culturelles,sportives,folkloriques,formations en toutes matières,concerts et soirées
- L'exercice de toutes activités de construction,de rénovation dans le bâtiment,d’entreprise générale de construction (et de rénovation),de travaux métalliques,de maçonnerie,de peinture et de décoration,de travaux d’égouts,de distribution d’eau,d’électricité et de gaz,de pose de câbles et de canalisations diverses,de constructions,de réfection et d’entretien de routes,de nettoyagle,de désinfection de maisons et de locaux ou de meubles,de peinture et d’aménagement intérieur et extérieur
- La coordination de chantiers et de tous travaux dans le bâtiment
- Le commerce en général de tous matériaux de constructions,et de toutes affaires immobilières
- L’exerice d’activités intermédiaires en vue de la vente,de l’achat,de l’échange,de la location,ou de la cession de biens im-mobiliers ou fonds de commerce,des activités d’administrateur de biens assurant soit la gestion des biens immobiliers ou de droits immobibiliers,sot la fonction de syndic de biens immobiliers en copropriété
- L’exercice d’activités de marchands de biens,de promotion immobilière et de rénvation/construction de bâtiments
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAKE IT SIMPLE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à l’étranger par simple décision de…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration et représentation Pouvoirs de décision S’il n’y a qu’un seul administrateur, il lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d administration, nommés_avec_ou_sans_limitation_durée” (deed in French)“Frais_généraux_plus_frais_représentation_voyages_déplacements, mandat_exercé_gratuitement_ou_non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, exercés par héritiers et légataires régulièrement saisis ou envoyés en possession proportionnellement jusqu'au partage ou…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Libre cession de tout ou partie” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Sans préjudice de faculté de l'assemblée de désigner liquidateurs et déterminer pouvoirs et émoluments, dissolution pour quelque cause et à…” (deed in French)