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SIMPLELEC 2.0

Active
Private limited companyfounded 20232 yrs activeAv. des Nouvelles Technologies 77, 7080 Frameries, BelgiumKBO/BCE: BE 1003.816.376
Summary

The computed 12-month bankruptcy probability of SIMPLELEC 2.0 is 2.7% (moderate). The 2025 annual accounts show equity of €22,729 and a net result of €20,729. Its solvency ranks better than 25% of 28374 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability91
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.31; short-term debt: 76.3% of total assets), and 76.3% of the assets are financed with debt.
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Signals

Four 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 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
47 d early
← 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

SIMPLELEC 2.0 was incorporated on 22 December 2023 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, micro schema

Equity
€22,729
Total assets
€95,976
Net result
€20,729
Working capital
€22,729

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

Balance-sheet composition
Equity and liabilities €95,976
Equity €22,729
Debt €73,247
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.31
Debt to equity
3.22
ROE
91.2%
ROA
21.6%
Debt ≤ 1 year
€73,247
Income taxes
€8,835
Staff costs
€89,306

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% 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 497,340 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% 1.0%
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% 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 7,976 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€95,976
Current assets29/58€95,976
Amounts receivable within one year40/41€95,976
Trade receivables40€32,431
Other amounts receivable41€63,545
Equity and liabilities
Total equity and liabilities10/49€95,976
Equity10/15€22,729
Contributions10/11€2,000
Reserves13€20,729
Distributable reserves133€20,729
Amounts payable17/49€73,247
Amounts payable within one year42/48€73,247
Financial debts43€16,260
Credit institutions430/8€16,260
Trade debts44€14,738
Suppliers440/4€14,738
Taxes, remuneration and social security45€42,249
Taxes450/3€8,835
Remuneration and social security454/9€33,414
Income statement Code2025
Remuneration, social security and pensions62€89,306
Gross operating margin9900€120,924
Operating profit (loss)9901€31,618
Financial income75/76B€105
Recurring financial income75€105
Financial charges65/66B€2,159
Recurring financial charges65€2,159
Profit (loss) for the period before taxes9903€29,564
Income taxes67/77€8,835
Profit (loss) for the period9904€20,729
Profit (loss) for the period to be appropriated9905€20,729
Appropriation of the result
Profit (loss) to be appropriated9906€20,729
Transfer to equity691/2€20,729
To other reserves6921€20,729

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€89,306
Gross operating margin9900€120,924
Operating profit (loss)9901€31,618
Financial income75/76B€105
Recurring financial income75€105
Financial charges65/66B€2,159
Recurring financial charges65€2,159
Profit (loss) for the period before taxes9903€29,564
Income taxes67/77€8,835
Profit (loss) for the period9904€20,729
Profit (loss) for the period to be appropriated9905€20,729
Line2025
Assets
Total assets20/58€95,976
Current assets29/58€95,976
Amounts receivable within one year40/41€95,976
Trade receivables40€32,431
Other amounts receivable41€63,545
Equity and liabilities
Total equity and liabilities10/49€95,976
Equity10/15€22,729
Contributions10/11€2,000
Reserves13€20,729
Distributable reserves133€20,729
Amounts payable17/49€73,247
Amounts payable within one year42/48€73,247
Financial debts43€16,260
Credit institutions430/8€16,260
Trade debts44€14,738
Suppliers440/4€14,738
Taxes, remuneration and social security45€42,249
Taxes450/3€8,835
Remuneration and social security454/9€33,414
Line2025
Profit (loss) for the period9904€20,729
Operating cash flow (approximation)€20,729

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

2025
15-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
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, Frameries · 1 establishment unit since 2024
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Av. des Nouvelles Technologies 777080 Frameries
1 establishment unit
SIMPLELEC 2.0
Av. des Nouvelles Technologies 77, 7080 FrameriesGeneral electrical installation work
since 20242.355.809.009

Recognitions · licences · registrations

Recognised contractor

3 categories
SIMPLELEC 2.0 SRL43872
category P1, class 1 · category P2, class 1 · category P4, class 1
decision 15-05-2024

Similar companies · same sector, comparable size

Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 7,467 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
Founded22-12-2023
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail info@simplelec.be
Phone 065742812
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003816376
Also 9925:BE1003816376
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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