SIMPLEX
ActiveSIMPLEX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €16k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 33% of 13706 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-54
Solvency40=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.18 in 2024), but 89.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.7%
Return on assets
1%
Age of the figures
11 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €172k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
37 d early
2023
41 d early
2022
36 d early
2021
32 d early
2020
40 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€172k▲ 10.1%
2024 · €156k
2019: €151k
2020: €170k
2021: €190k
2022: €90k
2023: €104k
2024: €156k
2019 → 2025
Total assets
€1.60M▼ 2.1%
2024 · €1.64M
2019: €171k
2020: €192k
2021: €218k
2022: €1.68M
2023: €1.65M
2024: €1.64M
2019 → 2025
Net result
€16k▼ 70.3%
2024 · €53k
2019: €31k
2020: €30k
2021: €32k
2022: €-99k
2023: €13k
2024: €53k
2019 → 2025
Working capital
€87k▲ 14.4%
2024 · €76k
2019: €114k
2020: €115k
2021: €147k
2022: €85k
2023: €39k
2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€190k-€90k▼ 52.3%€104k▲ 14.4%€156k▲ 51.1%€172k▲ 10.1%
Operating result€39k-€-89k€24k€63k▲ 157%€27k▼ 56.3%
Net result€32k-€-99k€13k€53k▲ 305%€16k▼ 70.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.45M▼ 3.0%
Current assets
€151k▲ 7.3%
Equity and liabilities €1.60M
Equity
€172k▲ 10.1%
Debt
€1.43M▼ 3.4%
The debt ratio falls from 90.5% to 89.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€79k▼
2024 · €114k
Cash flow
€67k▼
2024 · €105k
Solvency
10.7%▲
2024 · 9.5%
Current ratio
2.36▲
2024 · 2.18
Quick ratio
2.36▲
2024 · 2.18
Debt / equity
8.32▼
2024 · 9.48
ROE
9.1%▼
2024 · 33.8%
ROA
1.0%▼
2024 · 3.2%
Interest coverage
6.49▼
2024 · 11.03
Debt
€1.43M▼
2024 · €1.48M
Debt ≤ 1 year
€64k▼
2024 · €65k
Debt > 1 year
€1.36M▼
2024 · €1.42M
Income taxes
€543▲
2024 · €330
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€1.60M▼
Fixed assets21/28€1.50M€1.45M▼
Tangible fixed assets22/27€1.50M€1.45M▼
Land and buildings22€1.49M€1.45M▼
Furniture and vehicles24€10k€2k▼
Current assets29/58€141k€151k▲
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€850€659▼
Current investments50/53€50k-
Cash at bank and in hand54/58€82k€145k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.60M▼
Equity10/15€156k€172k▲
Contributions10/11€62k€62k=
Reserves13€125k€125k=
Distributable reserves133€125k€125k=
Profit (loss) carried forward14€-31k€-15k▲
Amounts payable17/49€1.48M€1.43M▼
Amounts payable after more than one year17€1.42M€1.36M▼
Financial debts170/4€1.42M€1.36M▼
Amounts payable within one year42/48€65k€64k▼
Current portion of amounts payable after more than one year42€50k€51k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€9k€9k▲
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€6k€8k▲
Gross operating margin9900€121k€87k▼
Operating profit (loss)9901€63k€27k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€53k€16k▼
Income taxes67/77€330€543▲
Profit (loss) for the period9904€53k€16k▼
Profit (loss) for the period to be appropriated9905€53k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-15k▲
Profit (loss) brought forward from the previous period14P€-84k€-31k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €53k ▲305%
Operating result €63k, net result €53k, both a record.
30-09
Financial
Equity above €150kEq €156k ▲51.1%
2 profitable years in a row build equity to €156k.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-09
Financial
Equity above €100kEq €104k ▲14.4%
Equity rises from €90k to €104k.
25-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-99k ▼415%
Net result drops to €-99k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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Of 11,701 companies in sector 68310 we hold annual accounts for 6,820. 5,170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1988
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.