Simple Complexity
ActiveSummary
Simple Complexity has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €-108k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-69
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 1.63 in 2024; short-term debt: 131.4% and cash: 61.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-31.4%
Return on assets
-191.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 9 filingsDeviation from the deadline
2025
18 d late
2024
53 d late
2023
28 d late
2022
on the day
2021
31 d late
2020
26 d late
2019
161 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k
2024 · €90k
2018: €39k
2019: €20k▼ -49.4% vs 2018
2020: €82k▲ +312% vs 2019
2021: €130k▲ +58.4% vs 2020
2022: €114k▼ -12.0% vs 2021
2023: €136k▲ +19.2% vs 2022highest in 8 years
2024: €90k▼ -33.9% vs 2023
2025: €-18k▼ -120% vs 2024lowest in 8 years
2018 → 2025
Total assets
€56k▼ 72.3%
2024 · €203k
2018: €80k
2019: €31k▼ -61.1% vs 2018lowest in 8 years
2020: €109k▲ +248% vs 2019
2021: €164k▲ +50.5% vs 2020
2022: €174k▲ +6.4% vs 2021
2023: €211k▲ +21.6% vs 2022highest in 8 years
2024: €203k▼ -3.9% vs 2023
2025: €56k▼ -72.3% vs 2024
2018 → 2025
Net result
€-108k
2024 · €66k
2018: €31k
2019: €-21k▼ -166% vs 2018
2020: €62k▲ +403% vs 2019
2021: €48k▼ -22.9% vs 2020
2022: €47k▼ -2.0% vs 2021
2023: €57k▲ +22.0% vs 2022
2024: €66k▲ +14.5% vs 2023highest in 8 years
2025: €-108k▼ -264% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-29k
2024 · €72k
2018: €42k
2019: €20k▼ -51.2% vs 2018
2020: €71k▲ +248% vs 2019
2021: €116k▲ +62.2% vs 2020
2022: €103k▼ -11.2% vs 2021
2023: €132k▲ +28.3% vs 2022highest in 8 years
2024: €72k▼ -45.5% vs 2023
2025: €-29k▼ -140% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€114k▼ 12.0%€136k▲ 19.2%€90k▼ 33.9%€-18k
2021: €130k
2022: €114k▼ -12.0% vs 2021
2023: €136k▲ +19.2% vs 2022highest in 5 years
2024: €90k▼ -33.9% vs 2023
2025: €-18k▼ -120% vs 2024lowest in 5 years
Operating result€63k-€62k▼ 1.2%€76k▲ 21.5%€84k▲ 11.7%€-107k
2021: €63k
2022: €62k▼ -1.2% vs 2021
2023: €76k▲ +21.5% vs 2022
2024: €84k▲ +11.7% vs 2023highest in 5 years
2025: €-107k▼ -226% vs 2024lowest in 5 years
Net result€48k-€47k▼ 2.0%€57k▲ 22.0%€66k▲ 14.5%€-108k
2021: €48k
2022: €47k▼ -2.0% vs 2021
2023: €57k▲ +22.0% vs 2022
2024: €66k▲ +14.5% vs 2023highest in 5 years
2025: €-108k▼ -264% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €107k after €84k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€11k ▼ 39.8%
Current assets
€45k ▼ 75.6%
Key figures and ratios
EBITDA
€-99k▼
2024 · €91k
Cash flow
€-101k▼
2024 · €72k
Solvency
-31.4%▼
2024 · 44.4%
Current ratio
0.61▼
2024 · 1.63
Quick ratio
0.57▼
2024 · 1.61
Debt to equity
-4.18▼
2024 · 1.25
ROA
-191.8%▼
2024 · 32.3%
Interest coverage
-90.18▼
2024 · 58.87
Debt
€74k▼
2024 · €113k
Debt ≤ 1 year
€74k▼
2024 · €113k
Income taxes
€271▼
2024 · €17k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€203k€56k▼
Fixed assets21/28€18k€11k▼
Tangible fixed assets22/27€18k€11k▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€185k€45k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€1k€14▼
Cash at bank and in hand54/58€177k€35k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€203k€56k▼
Equity10/15€90k€-18k▼
Contributions10/11€19k€19k=
Reserves13€72k€72k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€950€950=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€0€-108k▼
Amounts payable17/49€113k€74k▼
Amounts payable within one year42/48€113k€74k▼
Financial debts43€3k€1k▼
Credit institutions430/8€3k€1k▼
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€25k€1k▼
Taxes450/3€25k€1k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€83k€65k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€841€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€92k€-98k▼
Operating profit (loss)9901€84k€-107k▼
Financial income75/76B€262€26▼
Recurring financial income75€262€26▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€83k€-108k▼
Income taxes67/77€17k€271▼
Profit (loss) for the period9904€66k€-108k▼
Profit (loss) for the period to be appropriated9905€66k€-108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€-108k▼
Transfer from equity791/2€112k€0▼
Transfer to equity691/2€66k€0▼
To other reserves6921€66k€0▼
Profit to be distributed694/7€112k€0▼
Return on contributions (dividend)694€112k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €841 | €3k | ▲ 277% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €6k | €7k | €7k | ▲ 11.6% |
| Other operating charges640/8 | €838 | €1k | €1k | €1k | €1k | ▼ 16.1% |
| Gross operating margin9900 | €68k | €69k | €83k | €92k | €-98k | ▼ 206% |
| Operating profit (loss)9901 | €63k | €62k | €76k | €84k | €-107k | ▼ 226% |
| Financial income75/76B | €0 | €14 | €3 | €262 | €26 | ▼ 90.0% |
| Recurring financial income75 | €0 | €14 | €3 | €262 | €26 | ▼ 90.0% |
| Financial charges65/66B | €84 | €610 | €2k | €2k | €1k | ▼ 28.8% |
| Recurring financial charges65 | €84 | €610 | €2k | €2k | €1k | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | €63k | €62k | €74k | €83k | €-108k | ▼ 230% |
| Income taxes67/77 | €15k | €15k | €17k | €17k | €271 | ▼ 98.5% |
| Profit (loss) for the period9904 | €48k | €47k | €57k | €66k | €-108k | ▼ 264% |
| Profit (loss) for the period to be appropriated9905 | €48k | €47k | €57k | €66k | €-108k | ▼ 264% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164k | €174k | €211k | €203k | €56k | ▼ 72.3% |
| Fixed assets21/28 | €14k | €12k | €5k | €18k | €11k | ▼ 39.8% |
| Tangible fixed assets22/27 | €14k | €12k | €5k | €18k | €11k | ▼ 39.8% |
| Plant, machinery and equipment23 | - | €1k | €951 | €16k | €9k | ▼ 43.4% |
| Furniture and vehicles24 | €14k | €10k | €4k | €3k | €2k | ▼ 20.0% |
| Financial fixed assets28 | - | €105 | €0 | - | - | - |
| Current assets29/58 | €149k | €162k | €206k | €185k | €45k | ▼ 75.6% |
| Amounts receivable after more than one year29 | €29k | €0 | - | - | - | - |
| Trade receivables290 | €29k | - | - | - | - | - |
| Other amounts receivable291 | - | €0 | - | - | - | - |
| Stocks and contracts in progress3 | - | €3k | €3k | €3k | €3k | = |
| Stocks30/36 | - | €3k | €3k | €3k | €3k | = |
| Amounts receivable within one year40/41 | €17k | €23k | €23k | €3k | €5k | ▲ 59.8% |
| Trade receivables40 | €17k | €22k | €21k | €2k | €5k | ▲ 137% |
| Other amounts receivable41 | €1 | €934 | €1k | €1k | €14 | ▼ 98.7% |
| Cash at bank and in hand54/58 | €101k | €135k | €179k | €177k | €35k | ▼ 80.4% |
| Deferred charges and accrued income490/1 | €2k | €1k | €1k | €2k | €2k | ▲ 46.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164k | €174k | €211k | €203k | €56k | ▼ 72.3% |
| Equity10/15 | €130k | €114k | €136k | €90k | €-18k | ▼ 120% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €124k | €96k | €118k | €72k | €72k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €950 | €950 | €950 | €950 | €950 | = |
| Distributable reserves133 | €121k | €93k | €115k | €71k | €71k | = |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €-108k | - |
| Amounts payable17/49 | €34k | €60k | €75k | €113k | €74k | ▼ 34.6% |
| Amounts payable within one year42/48 | €34k | €60k | €74k | €113k | €74k | ▼ 34.6% |
| Financial debts43 | €56 | €4k | €3k | €3k | €1k | ▼ 66.9% |
| Credit institutions430/8 | €56 | €4k | €3k | €3k | €1k | ▼ 66.9% |
| Trade debts44 | €2k | €2k | €9k | €2k | €7k | ▲ 197% |
| Suppliers440/4 | €2k | €2k | €9k | €2k | €7k | ▲ 197% |
| Taxes, remuneration and social security45 | €29k | €37k | €27k | €25k | €1k | ▼ 94.5% |
| Taxes450/3 | €29k | €37k | €21k | €25k | €1k | ▼ 94.5% |
| Remuneration and social security454/9 | - | - | €6k | €0 | - | - |
| Other amounts payable47/48 | €2k | €17k | €35k | €83k | €65k | ▼ 21.9% |
| Accrued charges and deferred income492/3 | - | - | €678 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €47k | €57k | €66k | €-108k | ▼ 264% |
| + Depreciation and write-downs630 | €5k | €6k | €6k | €7k | €7k | ▲ 11.6% |
| Operating cash flow (approximation) | €53k | €53k | €64k | €72k | €-101k | ▼ 239% |
| Investment in fixed assets (approximation) | - | €-3k | €105 | €-20k | €0 | ▲ 100% |
| Change in cash | - | €34k | €44k | €-2k | €-142k | ▼ 6,604% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-108k
Net result drops to €-108k, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Highest result since 2018net €66k ▲14.5%
Operating result €84k, net result €66k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €130k ▲58.4%
2 profitable years in a row build equity to €130k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 161 days late
2020
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Aalter · 1 establishment unit since 2016
Ground area
882 m²
Building footprint
153 m²
Volume, LiDAR
796 m³
Parcel 44502C0144/00R000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Simple Complexity
since 20162.257.570.971
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44502C0144/00R000 | Flanders | 882 m² | 1 · 153 m² | 9.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,238 EUR awarded · 1,238 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,238 EUR | 1,238 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,949 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63920Other information service activities
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.