Equity
-€17,681
Debts exceed assets in financial year 2025.
Simple Complexity
Lifetime
9 annual accounts with figures on one time axispeak €92,299 (2024)
-€98,035▼ €190,334
lowest -€107,872 (2025)
-€107,872▼ €173,467
peak €136,361 (2023)
-€17,681▼ €107,872
€73,924▼ 34.6%
Board1 name since 2016
1 directorRédelé Sam
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €92,299 to -€98,035Loss of €107,872Equity from €90,191 to -€17,681Debts from €112,994 to €73,924Cash from €176,987 to €34,761
Key points
from the 2025 annual accountsResult
-€107,872 -€107,872
From profit to loss in 2025, after a profit of €65,595 in 2024.
Debts
€73,924 131% of the balance sheet
Financial debts 1%Suppliers 9%Taxes and wages 2%Other 87%
Liquidity
0.61 was 1.63 in 2024
Short-term debts fell from €112,994 to €73,924.
Filings
9 annual accounts 8 late
The 2019 accounts came latest: 161 days after the end of the period.
Position in the sector
-31.4%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 10% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€17,681
Loss of €107,872 (financial year 2025)
lowers risk
Size: total assets €56,243
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 3% of them on solvency, 27% on liquidity, 5% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as Simple Complexity has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Simple Complexity itself is lower: 0.4% within 12 months. It rests on far more data about Simple Complexity than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for Simple Complexity. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61 (1.63 in 2024), below 1. Short-term debt is 131.4% and cash 61.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€17,681
raises risk · 2025 accounts filed 18 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
18 days late
2024
53 days late
2023
28 days late
2022
on the day
2021
31 days late
2020
26 days late
2019
161 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0661613046
Registered office moved from Maríakerke to Aalter
New registered office: Bellemstraat 59, 9880 Aalter · Previous registered office: De Campagne 12, 9030 Maríakerke · “Computerconsultancy-activiteiten: Het verstrekken van deskundig advies en begeleiding bij de…” (deed in Dutch) · General meeting of 30-07-2024 · Gazette deed
Registered office moved from Ghent to Maríakerke
New registered office: De Campagne 12, 9030 Maríakerke · Previous registered office: Lijnwaadstraat 34, 9000 Gent · General meeting of 30-11-2017 · Gazette deed
Incorporation
published on 24-08-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Simple Complexity Aalter | €56,243 | -€98,035 | -31.4% | - |
| dataT.be Nazareth-De Pinte | €52,523 | -€14,015 | 86.0% | - |
| Entaq Autonomous Systems Ghent | €54,042 | -€4,242 | 89.2% | - |
| Republic of Reinvention Ghent | €55,095 | -€13,187 | 41.1% | - |
| HVH Services Dendermonde | €53,253 | €352 | 38.8% | - |
| ADALTA Sint-Gillis (bij-Brussel) | €57,604 | -€1,862 | 69.6% | - |
| IT-Efficiently Pont-à-Celles | €57,140 | -€28,183 | 94.9% | - |
These companies have the same main activity as Simple Complexity: computer programming (NACE 62100). They are comparable in size and age: total assets between €52,500 and €57,600, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 22-08-2016Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.257.570.9719880 Aalter, since 22-08-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 29-03-2025
Insights on Simple Complexity
Simple Complexity files the micro format. That format states no turnover. The gross margin fell from €12,165 in 2017 to -€98,035 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Simple Complexity
- What is the company number of Simple Complexity?
- The company number of Simple Complexity is 0661.613.046. The VAT number is the same number with BE in front: BE 0661.613.046.
- Where is Simple Complexity based?
- The registered office is at Bellemstraat 59, 9880 Aalter.Company details
- What does Simple Complexity do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Simple Complexity?
- Simple Complexity is a private limited company (BV).
- When was Simple Complexity founded?
- Simple Complexity was founded on 22-08-2016.
- Is Simple Complexity still active?
- Yes, Simple Complexity is an active enterprise in the KBO register.
- What is the turnover of Simple Complexity?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Simple Complexity profitable?
- In financial year 2025, Simple Complexity made a loss of €107,872.
- Where can I find the annual accounts of Simple Complexity?
- Simple Complexity filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Simple Complexity due?
- Simple Complexity must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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