Simplex Concept

Active

Public limited companyfounded 2022active for 3 yearsPlantage 41, 3680 Maaseik, BelgiumKBO/BCE: BE 0794.647.061

Summary

The computed 12-month bankruptcy probability of Simplex Concept is 11.4% (high). The 2023 annual accounts show equity of €352,512 and a net result of €11,212. Its solvency ranks better than 68% of 24,563 sector peers (NACE 47, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Simplex ConceptActive

Risk analysis Report Compare

Activity

Retail sale of hardware, building materials, paint and glass (general range)

NACE 47521Wholesale of construction materials, general range NACE 46831

Size

€665,007total assets 2023

Equity: €352,512
Profit: €11,212

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 11.4%

2023 figures too old to score

Structure

Accounts 1 day early0 of 2 deeds read

Signalsraises riskLiquidity: current ratio 0.76No establishment unit in the KBO2 financial years not filed after the legal deadlineFigures for financial year 2023 (filed 06-08-2024)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Financial strength, FY 2023

Strong

Solvency 78

equity 53.0% of total assets

Liquidity 73

short-term debt 32.0%

Profitability 42

return on assets 1.7%

Bankruptcy probability, 12 months

11.4% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,187 companies, NACE 47, micro)

Last 24 months 11-2024: 3.0% 12-2024: 3.2%▲ +0.2 percentage points vs 11-2024 01-2025: 3.1%▼ -0.1 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.0%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 3.7%▲ +0.7 percentage points vs 07-2025 09-2025: 3.9%▲ +0.2 percentage points vs 08-2025 10-2025: 5.6%▲ +1.7 percentage points vs 09-2025 11-2025: 5.7%▲ +0.1 percentage points vs 10-2025 12-2025: 6.6%▲ +0.9 percentage points vs 11-2025 01-2026: 8.8%▲ +2.2 percentage points vs 12-2025 02-2026: 8.8%● unchanged vs 01-2026 03-2026: 9.1%▲ +0.3 percentage points vs 02-2026 04-2026: 8.3%▼ -0.8 percentage points vs 03-2026 05-2026: 8.3%● unchanged vs 04-2026 06-2026: 8.1%▼ -0.2 percentage points vs 05-2026 07-2026: 8.1%● unchanged vs 06-2026 08-2026: 9.7%▲ +1.6 percentage points vs 07-2026 09-2026: 11.4%▲ +1.7 percentage points vs 08-2026highest value 10-2026: 11.4%● unchanged vs 09-2026highest value

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

raises riskneutral

Liquidity: current ratio 0.76

NBB · annual accounts

No establishment unit in the KBO

KBO · seat and establishments

2 financial years not filed after the legal deadline

NBB · filings

Figures for financial year 2023 (filed 06-08-2024)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2023

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 1 day before the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

30-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Positive: Among the best 7% on equitysector median €37,907 · 24,609 companies €352,512 View
Flemish supportawarded 2023 - 2024 €50,000 View
Total assets 2023first financial year filed €665,007 View