Simplected (0779.325.912): financials and annual accounts

Simplected

Woluwe-Saint-Lambert ·KBO/BCE: BE 0779.325.912

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	417,640	447,995	464,545	55,494
Fixed assets`21/28`	391,116	410,575	410,186	589
Tangible fixed assets`22/27`	391,116	410,575	410,186	589
Land and buildings`22`	340,440	353,460	366,480	-
Plant, machinery and equipment`23`	6,438	9,657	12,875	-
Furniture and vehicles`24`	1,237	2,934	2,766	589
Other tangible fixed assets`26`	43,001	44,524	28,064	-
Current assets`29/58`	26,524	37,420	54,359	54,906
Amounts receivable within one year`40/41`	2,341	21,734	47,900	15,688
Trade receivables`40`	235	21,734	24,663	14,070
Other amounts receivable`41`	2,106	-	23,238	1,618
Cash at bank and in hand`54/58`	24,183	15,685	6,459	39,217
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	417,640	447,995	464,545	55,494
Equity`10/15`	-13,088	31,253	11,492	11,311
Contributions`10/11`	8,000	8,000	8,000	8,000
Profit (loss) carried forward`14`	-21,088	23,253	3,492	3,311
Provisions and deferred taxes`16`	-	-	17,500	-
Provisions for liabilities and charges`160/5`	-	-	17,500	-
Environmental obligations`163`	-	-	17,500	-
Amounts payable`17/49`	430,728	416,742	435,553	44,184
Amounts payable after more than one year`17`	275,775	298,017	319,318	-
Financial debts`170/4`	275,775	298,017	319,318	-
Amounts payable within one year`42/48`	154,954	118,725	116,150	44,184
Current portion of amounts payable after more than one year`42`	22,242	21,301	20,295	-
Trade debts`44`	-	62	1,070	52
Suppliers`440/4`	-	62	1,070	52
Advances received on contracts in progress`46`	-	162	-	-
Taxes, remuneration and social security`45`	4,031	7,299	12,279	38,603
Taxes`450/3`	4,031	7,299	12,279	30,113
Remuneration and social security`454/9`	-	-	-	8,490
Other amounts payable`47/48`	128,681	89,901	82,506	5,529
Accrued charges and deferred income`492/3`	-	-	85	-
Income statement
Non-recurring operating income`76A`	-	-	1	0
Gross operating margin`9900`	-6,650	43,630	41,152	52,888
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	23,491	21,932	20,759	333
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-17,500	17,500	-
Other operating charges`640/8`	753	601	1,711	147
Non-recurring operating charges`66A`	5	283	-	-
Operating profit (loss)`9901`	-30,898	38,315	1,182	52,409
Financial charges`65/66B`	13,443	14,413	3,763	98
Recurring financial charges`65`	13,443	14,413	3,763	98
Profit (loss) for the period before taxes`9903`	-44,341	23,902	-2,581	52,311
Income taxes`67/77`	-	4,141	-2,762	13,000
Profit (loss) for the period`9904`	-44,341	19,761	181	39,311
Profit (loss) for the period to be appropriated`9905`	-44,341	19,761	181	39,311
Appropriation of the result
Profit (loss) to be appropriated`9906`	-21,088	23,253	3,492	39,311
Profit (loss) brought forward from the previous period`14P`	23,253	3,492	3,311	-
Profit to be distributed`694/7`	-	-	-	36,000
Return on contributions (dividend)`694`	-	-	-	36,000
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	05-08-2026	2026-00393048	PDF
31-12-2024	micro format	01-08-2025	2025-00360880	PDF
31-12-2023	micro format	02-08-2024	2024-00322485	PDF
31-12-2022	micro format	08-06-2023	2023-00113984	PDF

Line	2025	2024	2023	2022
EBITDA	-7,407	60,246	21,941	52,741
Cash flow	-20,850	41,692	20,940	39,643
Investment in fixed assets	4,031	22,321	430,356	921
Change in cash	8,497	9,226	-32,758	-
Working capital	-128,430	-81,306	-61,791	10,722
Solvency	-3.1%	7.0%	2.5%	20.4%
Current ratio	0.17	0.32	0.47	1.24
Debt to equity	-	13.33	37.90	3.91
ROE	-	63.2%	1.6%	347.6%
ROA	-10.6%	4.4%	0.0%	70.8%
Interest coverage	-0.55	4.18	5.83	over 100

Item	2025	2024	2023	2022
Tangible fixed assets	€4,031	€22,321	€430,356	€921
Depreciation and write-downs of the year	€23,491	€21,932	€20,759	€333

Simplected

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-3.1%

Current ratio0.17

Return on assets-10.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Simplected

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