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simple Cargo

Active
Private limited companyfounded 20241 yr activeDa Vincilaan 1, 1930 Zaventem, BelgiumKBO/BCE: BE 1015.742.824
Summary

simple Cargo has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €-37k. Its solvency ranks better than 15% of 33 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes
Profitability25
Solvency21
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 13.07; short-term debt: 7.7% and cash: 65.2% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-3.8%
Return on assets
-5.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Air transport (NACE 51)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 30 October 2024, simple Cargo was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€-27k
Total assets
€708k
Net result
€-37k
Working capital
€653k

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

Key figures and ratios
2025 value
Solvency
-3.8%
Current ratio
13.07
Debt to equity
-27.61
ROA
-5.2%
Debt
€734k
Debt ≤ 1 year
€54k
Debt > 1 year
€680k
Staff costs
€55k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€708k
Current assets29/58€708k
Amounts receivable within one year40/41€246k
Trade receivables40€245k
Other amounts receivable41€1k
Cash at bank and in hand54/58€461k
Equity and liabilities
Total equity and liabilities10/49€708k
Equity10/15€-27k
Contributions10/11€10k
Profit (loss) carried forward14€-37k
Amounts payable17/49€734k
Amounts payable after more than one year17€680k
Financial debts170/4€680k
Amounts payable within one year42/48€54k
Trade debts44€45k
Suppliers440/4€45k
Advances received on contracts in progress46€7k
Other amounts payable47/48€2k
Income statement Code2025
Remuneration, social security and pensions62€55k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€92k
Other operating charges640/8€422
Gross operating margin9900€111k
Operating profit (loss)9901€-36k
Financial charges65/66B€137
Recurring financial charges65€137
Profit (loss) for the period before taxes9903€-37k
Profit (loss) for the period9904€-37k
Profit (loss) for the period to be appropriated9905€-37k
Appropriation of the result
Profit (loss) to be appropriated9906€-37k
Social balance
Average headcount (FTE)90871.0

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€55k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€92k
Other operating charges640/8€422
Gross operating margin9900€111k
Operating profit (loss)9901€-36k
Financial charges65/66B€137
Recurring financial charges65€137
Profit (loss) for the period before taxes9903€-37k
Profit (loss) for the period9904€-37k
Profit (loss) for the period to be appropriated9905€-37k
Line2025
Assets
Total assets20/58€708k
Current assets29/58€708k
Amounts receivable within one year40/41€246k
Trade receivables40€245k
Other amounts receivable41€1k
Cash at bank and in hand54/58€461k
Equity and liabilities
Total equity and liabilities10/49€708k
Equity10/15€-27k
Contributions10/11€10k
Profit (loss) carried forward14€-37k
Amounts payable17/49€734k
Amounts payable after more than one year17€680k
Financial debts170/4€680k
Amounts payable within one year42/48€54k
Trade debts44€45k
Suppliers440/4€45k
Advances received on contracts in progress46€7k
Other amounts payable47/48€2k
Line2025
Profit (loss) for the period9904€-37k
Operating cash flow (approximation)€-37k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

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.

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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, Zaventem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
8,965 m²
Building footprint
1,730 m²
Volume, LiDAR
60,495 m³
Parcel 23094D0111/00M002, Flanders · tallest building 45.7 m, ±14 floors. Linked by address, not a title deed.
215 companies at this address See who is registered here
1 establishment unit
simple Cargo
Da Vincilaan 1, 1930 ZaventemAir transport
since 20242.366.959.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0111/00M002 Flanders 8,965 m² 1 · 1,730 m² 45.7 m · 14 fl.
Linked by address, not proof of ownership
Good to know
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

Of 668 companies in sector 51210 we hold annual accounts for 484. 243 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
51210Air transport
52230Warehousing and support activities for transportation
52250Logistics services

Scores and ratios are computed by Checked and are not a credit decision.