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SIMPLE CREATIVE

Active
Private limited companyfounded 2025active for 1 yearCourbevoie 13, 1348 Ottignies-Louvain-la-Neuve, Belgium77 active companies are registered at this addressKBO/BCE: BE 1021.678.531
Summary

SIMPLE CREATIVE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,727 and a net result of €5,727. Its solvency ranks better than 34% of 8,541 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

Equity
€8,727
Total assets
€25,713
Net result
€5,727
Working capital
-€2,189

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

Balance-sheet composition
Assets €25,713
Fixed assets €14,998
Current assets €10,715
Equity and liabilities €25,713
Equity €8,727
Debt €16,985
Debt finances 66.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,080
Cash flow
€9,639
Current ratio
0.83
Debt to equity
1.95
ROE
65.6%
ROA
22.3%
Interest coverage
20.99
Debt ≤ 1 year
€12,904
Debt > 1 year
€4,082
Income taxes
€3,000

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€25,713
Fixed assets21/28€14,998
Tangible fixed assets22/27€14,998
Furniture and vehicles24€14,998
Current assets29/58€10,715
Amounts receivable within one year40/41€7,682
Trade receivables40€4,604
Other amounts receivable41€3,077
Cash at bank and in hand54/58€2,395
Deferred charges and accrued income490/1€638
Equity and liabilities
Total equity and liabilities10/49€25,713
Equity10/15€8,727
Contributions10/11€3,000
Profit (loss) carried forward14€5,727
Amounts payable17/49€16,985
Amounts payable after more than one year17€4,082
Financial debts170/4€4,082
Amounts payable within one year42/48€12,904
Current portion of amounts payable after more than one year42€3,918
Trade debts44€1,018
Suppliers440/4€1,018
Taxes, remuneration and social security45€7,967
Taxes450/3€7,967
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,911
Other operating charges640/8€216
Gross operating margin9900€13,296
Operating profit (loss)9901€9,169
Financial income75/76B€181
Recurring financial income75€181
Financial charges65/66B€623
Recurring financial charges65€623
Profit (loss) for the period before taxes9903€8,727
Income taxes67/77€3,000
Profit (loss) for the period9904€5,727
Profit (loss) for the period to be appropriated9905€5,727
Appropriation of the result
Profit (loss) to be appropriated9906€5,727

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,911
Other operating charges640/8€216
Gross operating margin9900€13,296
Operating profit (loss)9901€9,169
Financial income75/76B€181
Recurring financial income75€181
Financial charges65/66B€623
Recurring financial charges65€623
Profit (loss) for the period before taxes9903€8,727
Income taxes67/77€3,000
Profit (loss) for the period9904€5,727
Profit (loss) for the period to be appropriated9905€5,727
Line2025
Assets
Total assets20/58€25,713
Fixed assets21/28€14,998
Tangible fixed assets22/27€14,998
Furniture and vehicles24€14,998
Current assets29/58€10,715
Amounts receivable within one year40/41€7,682
Trade receivables40€4,604
Other amounts receivable41€3,077
Cash at bank and in hand54/58€2,395
Deferred charges and accrued income490/1€638
Equity and liabilities
Total equity and liabilities10/49€25,713
Equity10/15€8,727
Contributions10/11€3,000
Profit (loss) carried forward14€5,727
Amounts payable17/49€16,985
Amounts payable after more than one year17€4,082
Financial debts170/4€4,082
Amounts payable within one year42/48€12,904
Current portion of amounts payable after more than one year42€3,918
Trade debts44€1,018
Suppliers440/4€1,018
Taxes, remuneration and social security45€7,967
Taxes450/3€7,967
Line2025
Profit (loss) for the period9904€5,727
+ Depreciation and write-downs630€3,911
Operating cash flow (approximation)€9,639

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 02-07-2026 2026-00264370

Similar companies · same sector, comparable size

Of the 9,792 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,790. 2,019 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.