Simplife
Open bankruptcyA bankruptcy procedure is open for Simplife according to publications in the Belgian State Gazette; curator: GREGORY BRUNEEL.
Summary
The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €13k and a net result of €-1k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-05-2023, 73 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
73 d early
2021
75 d early
2020
88 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€13k▼ 9.0%
2021 · €14k
2020: €14k
2021: €14k
2020 → 2022
Total assets
€123k▲ 64.7%
2021 · €75k
2020: €19k
2021: €75k
2020 → 2022
Net result
€-1k▼ 798%
2021 · €-144
2020: €9k
2021: €-144
2020 → 2022
Working capital
€-7k
2021 · €8k
2020: €14k
2021: €8k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€14k-€14k▼ 1.0%€13k▼ 9.0%
Operating result€12k-€4k▼ 62.9%€7k▲ 54.5%
Net result€9k-€-144€-1k▼ 798%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 54% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €123k
Fixed assets
€20k ▲ 232%
Current assets
€103k ▲ 50.0%
Equity and liabilities €123k
Equity
€13k ▼ 9.0%
Debt
€110k ▲ 82.2%
Debt's share of the balance-sheet total rises from 80.9% to 89.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▲
2021 · €5k
Cash flow
€-619▼
2021 · €773
Current ratio
0.94▼
2021 · 1.14
Quick ratio
0.83▼
2021 · 0.99
Debt to equity
8.46▲
2021 · 4.23
ROE
-9.9%▼
2021 · -1.0%
ROA
-1.0%▼
2021 · -0.2%
Interest coverage
1.21▼
2021 · 3.06
Debt ≤ 1 year
€110k▲
2021 · €60k
Income taxes
€2k▼
2021 · €3k
Staff costs
€53k▲
2021 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet
Code20212022
Assets
Total assets20/58€75k€123k▲
Fixed assets21/28€6k€20k▲
Tangible fixed assets22/27€1k€15k▲
Plant, machinery and equipment23-€6k
Furniture and vehicles24€1k-
Assets under construction and advance payments27-€9k
Financial fixed assets28€5k€5k▲
Current assets29/58€69k€103k▲
Stocks and contracts in progress3€9k€12k▲
Stocks30/36€9k€12k▲
Amounts receivable within one year40/41€55k€88k▲
Trade receivables40€38k€54k▲
Other amounts receivable41€16k€34k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€337-
Equity and liabilities
Total equity and liabilities10/49€75k€123k▲
Equity10/15€14k€13k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€9k€8k▼
Amounts payable17/49€60k€110k▲
Amounts payable within one year42/48€60k€110k▲
Financial debts43€7k€12k▲
Other loans439€7k€12k▲
Trade debts44€37k€83k▲
Suppliers440/4€37k€83k▲
Advances received on contracts in progress46€35-
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9€6k€10k▲
Other amounts payable47/48€5k-
Income statement
Code20212022
Remuneration, social security and pensions62€18k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€916€672▼
Other operating charges640/8€2k€8k▲
Gross operating margin9900€26k€68k▲
Operating profit (loss)9901€4k€7k▲
Financial income75/76B€14€436▲
Recurring financial income75€14€436▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€3k€1k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-144€-1k▼
Profit (loss) for the period to be appropriated9905€-144€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Profit (loss) brought forward from the previous period14P€9k€9k▼
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
2024
31-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SIMPLIFE BV CONSER- VENWEG 4E, 2940 STABROEK · event 25-07-2024
28-05
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 22-05-2024
2023
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Stabroek · 1 establishment unit since 2020
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.
Conservenweg 4E2940 StabroekGround area
1.2 ha
Building footprint
367 m²
Volume, LiDAR
2,720 m³
Parcel 11044C0115/00D000, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Simplife
since 20202.309.160.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044C0115/00D000 | Flanders | 1.2 ha | 1 · 367 m² | 8.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
25-07-2024 → present |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 243 EUR awarded · 243 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 57 EUR | 57 EUR |
| 2022 | 1 | 186 EUR | 186 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
JELLE VERMEIRE HVAC
BE 0716.626.397
Wingene · Eq €12,967
PH DECOR
BE 0663.757.736
Charleroi · Eq €12,927
Acrobat Construct
BE 1002.632.184
Linter · Eq €12,926
FREM
BE 0755.972.765
Kortenaken · Eq €13,079
ECS BELGIUM
BE 0643.870.657
Anderlecht · Eq €13,082
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 993 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.