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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 24,055 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.

Overview

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 registered site 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% (40,196 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
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Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.76
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
raises risk · Figures for financial year 2023 (filed 06-08-2024)
NBB · annual accounts
neutral · 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)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2023, micro format

Equity
€352,512
Total assets
€665,007
Net result
€11,212
Working capital
-€51,806

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

Balance-sheet composition
Assets €665,007
Fixed assets €504,318
Current assets €160,689
Equity and liabilities €665,007
Equity €352,512
Debt €312,495
Debt finances 47.0% of the balance-sheet total.
Key figures and ratios
2023 value
Current ratio
0.76
Debt to equity
0.89
ROE
3.2%
ROA
1.7%
Debt ≤ 1 year
€212,495
Debt > 1 year
€100,000
Income taxes
€6,749
Staff costs
€47
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 38 lines
Balance sheet Code2023
Assets
Total assets20/58€665,007
Fixed assets21/28€504,318
Intangible fixed assets21€491,280
Financial fixed assets28€13,038
Current assets29/58€160,689
Amounts receivable within one year40/41€160,689
Trade receivables40€9,458
Other amounts receivable41€151,231
Equity and liabilities
Total equity and liabilities10/49€665,007
Equity10/15€352,512
Contributions10/11€341,300
Contributions outside capital11€341,300
Other1109/19€341,300
Profit (loss) carried forward14€11,212
Amounts payable17/49€312,495
Amounts payable after more than one year17€100,000
Financial debts170/4€100,000
Amounts payable within one year42/48€212,495
Financial debts43€5,171
Credit institutions430/8€5,171
Trade debts44€194,758
Suppliers440/4€194,758
Advances received on contracts in progress46€5,817
Taxes, remuneration and social security45€6,749
Taxes450/3€6,749
Income statement Code2023
Remuneration, social security and pensions62€47
Other operating charges640/8€732
Gross operating margin9900€18,825
Operating profit (loss)9901€18,046
Financial income75/76B€2,888
Recurring financial income75€2,888
Financial charges65/66B€2,973
Recurring financial charges65€2,973
Profit (loss) for the period before taxes9903€17,961
Income taxes67/77€6,749
Profit (loss) for the period9904€11,212
Profit (loss) for the period to be appropriated9905€11,212
Appropriation of the result
Profit (loss) to be appropriated9906€11,212

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Remuneration, social security and pensions62€47
Other operating charges640/8€732
Gross operating margin9900€18,825
Operating profit (loss)9901€18,046
Financial income75/76B€2,888
Recurring financial income75€2,888
Financial charges65/66B€2,973
Recurring financial charges65€2,973
Profit (loss) for the period before taxes9903€17,961
Income taxes67/77€6,749
Profit (loss) for the period9904€11,212
Profit (loss) for the period to be appropriated9905€11,212
Line2023
Assets
Total assets20/58€665,007
Fixed assets21/28€504,318
Intangible fixed assets21€491,280
Financial fixed assets28€13,038
Current assets29/58€160,689
Amounts receivable within one year40/41€160,689
Trade receivables40€9,458
Other amounts receivable41€151,231
Equity and liabilities
Total equity and liabilities10/49€665,007
Equity10/15€352,512
Contributions10/11€341,300
Contributions outside capital11€341,300
Other1109/19€341,300
Profit (loss) carried forward14€11,212
Amounts payable17/49€312,495
Amounts payable after more than one year17€100,000
Financial debts170/4€100,000
Amounts payable within one year42/48€212,495
Financial debts43€5,171
Credit institutions430/8€5,171
Trade debts44€194,758
Suppliers440/4€194,758
Advances received on contracts in progress46€5,817
Taxes, remuneration and social security45€6,749
Taxes450/3€6,749
Line2023
Profit (loss) for the period9904€11,212
Operating cash flow (approximation)€11,212

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
31-12-2023 micro format 30-07-2024 2024-00331277

Similar companies · same sector, comparable size

Of the 1,690 active companies whose main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521), figures are known for 1,278. 1,030 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €50,000 awarded · €50,000 paid
Year Entries AwardedPaid
2024 1 €0€25,000
2023 1 €50,000€25,000
Schemes
2 entries · €50,000 · €50,000 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 12 December 2022, Simplex Concept was incorporated as a public limited company.1 The company has filed annual accounts once, for financial year 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023

Acts, filings and financial milestones

2024
30-07
NBB filing Annual accounts filed
financial year 2023 · micro format
NBB filing
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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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Register details

Identification
Legal formPublic limited company
Founded12-12-2022
Financial year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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

Register as of 14 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Maaseik
exact location from the address register On OpenStreetMap
Ground area
607 m²
Building footprint
188 m²
Building volume
1,061 m³
Parcel 72021C0928/00B000, Flanders · tallest building 9.5 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
72021C0928/00B000 Flanders 607 m² 1 · 188 m² 9.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.