s1mpl1fy²
ActiveSummary
s1mpl1fy² has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €199k and a net result of €89k. Its solvency ranks better than 76% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+9
Growth52
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 3.39 in 2023; short-term debt: 19.8% and cash: 27.2% of total assets), and 19.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€199k▲ 79.1%
2023 · €111k
2023: €111k
2023 → 2024
Total assets
€248k▲ 47.3%
2023 · €168k
2023: €168k
2023 → 2024
Net result
€89k▼ 17.7%
2023 · €108k
2023: €108k
2023 → 2024
Working capital
€183k▲ 57.6%
2023 · €116k
2023: €116k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€111k-€199k▲ 79.1%
Operating result€143k-€116k▼ 19.1%
Net result€108k-€89k▼ 17.7%
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 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets
€16k ▲ 316%
Current assets
€232k ▲ 41.0%
Equity and liabilities €248k
Equity
€199k ▲ 79.1%
Debt
€49k ▼ 14.3%
Debt's share of the balance-sheet total falls from 34.1% to 19.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119k▼
2023 · €143k
Cash flow
€91k▼
2023 · €108k
Current ratio
4.72▲
2023 · 3.39
Debt to equity
0.25▼
2023 · 0.52
ROE
44.6%▼
2023 · 97.1%
ROA
35.8%▼
2023 · 64.0%
Interest coverage
80.24▲
2023 · 54.54
Debt ≤ 1 year
€49k▲
2023 · €49k
Income taxes
€26k▼
2023 · €33k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€168k€248k▲
Fixed assets21/28€4k€16k▲
Tangible fixed assets22/27€4k€16k▲
Furniture and vehicles24€3k€8k▲
Other tangible fixed assets26€983€8k▲
Current assets29/58€164k€232k▲
Amounts receivable after more than one year29€10k€93k▲
Other amounts receivable291€10k€93k▲
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€15k€16k▲
Other amounts receivable41€4k€75▼
Current investments50/53€37k€55k▲
Cash at bank and in hand54/58€98k€67k▼
Deferred charges and accrued income490/1€253€981▲
Equity and liabilities
Total equity and liabilities10/49€168k€248k▲
Equity10/15€111k€199k▲
Contributions10/11€4k€4k=
Reserves13€107k€195k▲
Distributable reserves133€107k€195k▲
Amounts payable17/49€57k€49k▼
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€49k€49k▲
Current portion of amounts payable after more than one year42€9k€9k▼
Trade debts44€538€2k▲
Suppliers440/4€538€2k▲
Taxes, remuneration and social security45€38k€37k▼
Taxes450/3€38k€37k▼
Remuneration and social security454/9-€200
Other amounts payable47/48€800€878▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€484€3k▲
Other operating charges640/8€50€135▲
Gross operating margin9900€143k€119k▼
Operating profit (loss)9901€143k€116k▼
Financial income75/76B€13€5▼
Recurring financial income75€13€5▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€140k€114k▼
Income taxes67/77€33k€26k▼
Profit (loss) for the period9904€108k€89k▼
Profit (loss) for the period to be appropriated9905€108k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€89k▼
Transfer to equity691/2€107k€88k▼
To other reserves6921€107k€88k▼
Profit to be distributed694/7€800€875▲
Return on contributions (dividend)694€800€875▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €199k ▲79.1%
2 profitable years in a row build equity to €199k.
26-06
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, Kampenhout · 1 establishment unit since 2022
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.
Haachtsesteenweg 5501910 KampenhoutGround area
400 m²
Building footprint
138 m²
Volume, LiDAR
947 m³
Parcel 23038A0413/00T002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
s1mpl1fy²
since 20222.331.395.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038A0413/00T002 | Flanders | 400 m² | 1 · 138 m² | 10.2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 3,581 EUR awarded · 3,581 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,610 EUR | 2,610 EUR |
| 2023 | 1 | 971 EUR | 971 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,089 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
Founded30-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.