Skip to content

SIMPLICITY MANAGEMENT

Active
Private limited companyfounded 20214 yrs activeKunstlaan 56, 1000 Brussel, BelgiumKBO/BCE: BE 0779.322.744
Summary

The computed 12-month bankruptcy probability of SIMPLICITY MANAGEMENT is 13.2% (high). The 2024 annual accounts show negative equity (-€130,596) and a net result of -€8,705. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2022
Profitability0=
Solvency0▼-23
Growth58
Track record94
Bankruptcy probability, 12 months
13.2% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.08 in 2022; short-term debt: 355.4% and cash: 2.1% of total assets), and equity is negative.
Credit check for your own amount and term

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

Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-255.4%
Return on assets
-17%
Age of the figures
21 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2224
2022 to 2024 · latest year -€130,596
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
119 d late
2022
72 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

SIMPLICITY MANAGEMENT was incorporated on 23 December 2021 as a Private limited company.1 Total assets fell from EUR 867,159 in 2022 to EUR 51,135 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€130,596▼ 847%
2022 · -€13,793
Total assets
€51,135▼ 94.1%
2022 · €867,159
Net result
-€8,705▲ 95.6%
2022 · -€197,993
Working capital
-€180,636▲ 77.8%
2022 · -€813,833
Trend over the years

Click a name to add, emphasise or remove a line.

Available amounts per fiscal year
Line20222024
Operating result-€197,703--€7,564-
Net result-€197,993--€8,705-
Equity-€13,793--€130,596-
Total assets€867,159-€51,135-
Debt€880,952-€181,731-
Working capital-€813,833--€180,636-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2022: -€197,703-€197,703Net result 2022: -€197,993-€197,993Operating result 2024: -€7,564-€7,564Net result 2024: -€8,705-€8,70520222024-€200,000-€150,000-€100,000-€50,000€0Operating result 2022: -€197,703-€198,000Net result 2022: -€197,993-€198,000Operating result 2024: -€7,564-€7,560Net result 2024: -€8,705-€8,70020222024
The operating result is -€7,564 in 2024, compared with -€197,703 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €51,135
Fixed assets €50,040 ▼ 93.7%
Current assets €1,095 ▼ 98.4%
Key figures and ratios
2024 value · change against 2022
Solvency
-255.4%▼
2022 · -1.6%
Current ratio
0.01▼
2022 · 0.08
Debt to equity
-1.39▲
2022 · -63.87
ROA
-17.0%▲
2022 · -22.8%
Debt ≤ 1 year
€181,731▼
2022 · €880,952
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2022 · 26 lines
Balance sheet Code20222024
Assets
Total assets20/58€867,159€51,135▼
Fixed assets21/28€800,039€50,040▼
Financial fixed assets28€800,039€50,040▼
Current assets29/58€67,119€1,095▼
Cash at bank and in hand54/58€67,119€1,095▼
Equity and liabilities
Total equity and liabilities10/49€867,159€51,135▼
Equity10/15-€13,793-€130,596▼
Contributions10/11€184,200€184,200=
Profit (loss) carried forward14-€197,993-€314,796▼
Amounts payable17/49€880,952€181,731▼
Amounts payable within one year42/48€880,952€181,731▼
Trade debts44€27,997€28,199▲
Suppliers440/4€27,997€28,199▲
Other amounts payable47/48€852,955€153,532▼
Income statement Code20222024
Other operating charges640/8€713€394▼
Gross operating margin9900-€196,990-€7,169▲
Operating profit (loss)9901-€197,703-€7,564▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€290€1,141▲
Recurring financial charges65€290€1,141▲
Profit (loss) for the period before taxes9903-€197,993-€8,705▲
Profit (loss) for the period9904-€197,993-€8,705▲
Profit (loss) for the period to be appropriated9905-€197,993-€8,705▲
Appropriation of the result
Profit (loss) to be appropriated9906-€197,993-€314,796▼
Profit (loss) brought forward from the previous period14P--€306,091

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222024Change
Other operating charges640/8€713€394-
Gross operating margin9900-€196,990-€7,169-
Operating profit (loss)9901-€197,703-€7,564-
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€290€1,141-
Recurring financial charges65€290€1,141-
Profit (loss) for the period before taxes9903-€197,993-€8,705-
Profit (loss) for the period9904-€197,993-€8,705-
Profit (loss) for the period to be appropriated9905-€197,993-€8,705-
Line20222024Change
Assets
Total assets20/58€867,159€51,135-
Fixed assets21/28€800,039€50,040-
Financial fixed assets28€800,039€50,040-
Current assets29/58€67,119€1,095-
Cash at bank and in hand54/58€67,119€1,095-
Equity and liabilities
Total equity and liabilities10/49€867,159€51,135-
Equity10/15-€13,793-€130,596-
Contributions10/11€184,200€184,200-
Profit (loss) carried forward14-€197,993-€314,796-
Amounts payable17/49€880,952€181,731-
Amounts payable within one year42/48€880,952€181,731-
Trade debts44€27,997€28,199-
Suppliers440/4€27,997€28,199-
Other amounts payable47/48€852,955€153,532-
Line20222024Change
Profit (loss) for the period9904-€197,993-€8,705-
Operating cash flow (approximation)-€197,993-€8,705-

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

Timeline · acts, filings and financial milestones

2025
27-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2023
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Brussel · 2 establishment units since 2021
seat establishment All 2 establishment units on the map
Ground area
6.0 ha
Building footprint
4,210 m²
Volume, LiDAR
98,689 m³
2 parcels, Brussels, Flanders · tallest building 34.5 m, ±9 floors. Linked by address, not a title deed.
355 companies at this address See who is registered here
2 establishment units
SIMPLICITY MANAGEMENT
Kunstlaan 56, 1000 BrusselHoldings
since 20212.330.868.032
Simplicity Management
Eikelenbergstraat 20, 1700 DilbeekHoldings
since 20212.330.868.131
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23016C0174/00K000 Flanders 5.5 ha 1 · 1,350 m² 17.2 m · 5 fl.
21805E0475/00F000 Brussels 4,653 m² 1 · 2,861 m² 34.5 m · 9 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

4 owners

Owners 4

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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