Simpel Trading

Active

Private limited companyfounded 20233 yrs activeGaaienlaan 13, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0800.862.187

Simpel Trading has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €421k and a net result of €249k. Equity is growing by ~106.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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Checked score

Score 2025

91 / 100

Excellent▲ +10 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency60▲+16

Growth78=

Stability94

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €40k at 30 days acceptable

Liquidity ample (current ratio 4.3 against 11.9 in 2024), but 74.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

25.4%

Return on assets

15%

Age of the figures

12 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

37 d early

2024

34 d early

2023

3 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€421k▲ 144%

2024 · €173k

2023: €55k 2024: €173k

2023 → 2025

Total assets

€1.66M▲ 48.5%

2024 · €1.12M

2023: €523k 2024: €1.12M

2023 → 2025

Net result

€249k▲ 111%

2024 · €118k

2023: €52k 2024: €118k

2023 → 2025

Working capital

€1.26M▲ 23.8%

2024 · €1.02M

2023: €441k 2024: €1.02M

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€55k-€173k▲ 217%€421k▲ 144%

Operating result€69k-€172k▲ 148%€393k▲ 129%

Net result€52k-€118k▲ 129%€249k▲ 111%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2025 is 129% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.66M

99.4%

Fixed assets €10k▲ 589%

Current assets €1.65M▲ 47.8%

Equity and liabilities €1.66M

25.4%

74.6%

Equity €421k▲ 144%

Debt €1.24M▲ 31.0%

The debt ratio falls from 84.5% to 74.6%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€395k▲

2024 · €172k

Cash flow

€251k▲

2024 · €119k

Solvency

25.4%▲

2024 · 15.5%

Current ratio

4.30▼

2024 · 11.90

Quick ratio

1.98▼

2024 · 6.05

Debt / equity

2.93▼

2024 · 5.47

ROE

59.0%▼

2024 · 68.4%

ROA

15.0%▲

2024 · 10.6%

Interest coverage

12.22▼

2024 · 44.53

Debt

€1.24M▲

2024 · €944k

Debt ≤ 1 year

€383k▲

2024 · €94k

Debt > 1 year

€850k=

2024 · €850k

Income taxes

€112k▲

2024 · €51k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.12M€1.66M▲

Fixed assets21/28€1k€10k▲

Intangible fixed assets21-€9k

Tangible fixed assets22/27€1k€622▼

Furniture and vehicles24€1k€622▼

Current assets29/58€1.11M€1.65M▲

Stocks and contracts in progress3€549k€890k▲

Stocks30/36€549k€890k▲

Amounts receivable within one year40/41€259k€451k▲

Trade receivables40€243k€420k▲

Other amounts receivable41€16k€32k▲

Cash at bank and in hand54/58€306k€305k▼

Deferred charges and accrued income490/1€800€1k▲

Equity and liabilities

Total equity and liabilities10/49€1.12M€1.66M▲

Equity10/15€173k€421k▲

Contributions10/11€3k€3k=

Reserves13€170k€418k▲

Distributable reserves133€170k€418k▲

Amounts payable17/49€944k€1.24M▲

Amounts payable after more than one year17€850k€850k=

Financial debts170/4€850k€850k=

Amounts payable within one year42/48€94k€383k▲

Trade debts44€79k€36k▼

Suppliers440/4€79k€36k▼

Taxes, remuneration and social security45€6k€22k▲

Taxes450/3€6k€22k▲

Other amounts payable47/48€9k€326k▲

Accrued charges and deferred income492/3-€3k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€710€2k▲

Other operating charges640/8€272€186▼

Gross operating margin9900€173k€395k▲

Operating profit (loss)9901€172k€393k▲

Financial income75/76B€823€12▼

Recurring financial income75€823€12▼

Financial charges65/66B€4k€32k▲

Recurring financial charges65€4k€32k▲

Profit (loss) for the period before taxes9903€169k€360k▲

Income taxes67/77€51k€112k▲

Profit (loss) for the period9904€118k€249k▲

Profit (loss) for the period to be appropriated9905€118k€249k▲

Appropriation of the result

Profit (loss) to be appropriated9906€118k€249k▲

Transfer to equity691/2€118k€249k▲

To other reserves6921€118k€249k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 3Filings 3

Next filing, fiscal year 2026, expected by 30-04-2027

2026

24-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Highest result since 2023net €249k ▲111%

Operating result €393k, net result €249k, both a record.

30-09

Financial Equity above €200kEq €421k ▲144%

3 profitable years in a row build equity to €421k.

27-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Equity above €150kEq €173k ▲217%

2 profitable years in a row build equity to €173k.

03-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 3 days late

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, Oud-Turnhout · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Gaaienlaan 132360 Oud-Turnhout

Ground area

1,907 m²

Building footprint

270 m²

Volume, LiDAR

1,483 m³

Parcel 13482F1177/00R010, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Simpel Trading

Gaaienlaan 13, 2360 Oud-TurnhoutAgents in the wholesale of textiles, clothing, fur, footwear and leather goods

since 20232.345.638.162

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13482F1177/00R010	Flanders	1,906 m²	1 · 270 m²	9.7 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.

Similar companies · same sector, comparable size

Société de Vente et de Distribution d'Articles de Marques

Of 45 companies in sector 46422 we hold annual accounts for 24. 12 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-04-2023

Fiscal year end30-09

Activities, NACEBEL

46422Wholesale trade

46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.