SIMPLIFY-IT
ActiveSummary
SIMPLIFY-IT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,170 and a net result of -€7,233. Equity has been shrinking by about 15% per year since 2023. Its solvency ranks better than 22% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-09-2022 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 5 others
- Establishment unit
- 2.336.297.062 3665 As, since 19-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 12-07-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €16,904
- ▲ 39.7%
- Turnover
- ≈ €92,000
- estimated
- Loss
- €7,233
- Equity
- €16,170
- ▼ 30.9%
- Total assets
- €74,678
- ▲ 14.2%
- €1,954 of overdue tax debts on 31-12-2025
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €7,233 (financial year 2025)Liquidity: current ratio 0.40, cash €2,206, halvedlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 23% of them on solvency, 5% on liquidity, 15% on profitability and 20% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 30 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is a loss of €2,674, after a profit of €5,430 in 2024. It is the lowest result since 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Overdue debts
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Overdue tax debts | - | - | €1,954 |
Source: notes to the 2023 to 2025 annual accounts (statement of debts)
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €44,997 | €2,912 | €1,642 |
| Financial fixed assets | - | - | €19,500 |
| Depreciation and write-downs of the year | €4,793 | €6,100 | €6,798 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SIMPLIFY-IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €67,200 and €80,900, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SIMPLIFY-IT As | 2022 | €74,678 | €16,170 | €16,904 | -€7,233 | 2025 |
| FRE VI Genk | 2022 | €69,259 | €44,396 | €19,118 | €8,680 | 2025 |
| TOOST SOLUTIONS Schaarbeek | 2022 | €69,965 | €31,608 | €17,703 | €4,354 | 2025 |
| INEXHAUSTUS Waterloo | 2022 | €80,929 | €43,068 | €16,957 | €8,687 | 2025 |
| WiseP Gent | 2022 | €76,726 | €54,399 | €17,993 | €7,781 | 2025 |
| eMBee IT Turnhout | 2022 | €71,510 | €36,435 | €18,546 | €9,900 | 2025 |
| VZUS Zemst | 2023 | €67,158 | €45,517 | €16,788 | €7,381 | 2025 |
They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,271 companies had the same profile as SIMPLIFY-IT has now. Two years later, 4.1% had gone bankrupt and 93.5% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SIMPLIFY-IT itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,271 companies, not a prediction for SIMPLIFY-IT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,793 | €6,100 | €6,798 | ▲ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €12,330 | - |
| Other operating charges640/8 | - | €570 | €450 | ▼ 21.1% |
| Gross operating margin9900 | €32,432 | €12,100 | €16,904 | ▲ 39.7% |
| Operating profit (loss)9901 | €27,638 | €5,430 | -€2,674 | - |
| Financial income75/76B | €5 | €12 | €3 | ▼ 78.6% |
| Recurring financial income75 | €5 | €12 | €3 | ▼ 78.6% |
| Financial charges65/66B | €684 | €2,593 | €2,876 | ▲ 10.9% |
| Recurring financial charges65 | €684 | €2,593 | €2,876 | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €26,959 | €2,848 | -€5,548 | - |
| Income taxes67/77 | €5,679 | €1,533 | €1,685 | ▲ 9.9% |
| Profit (loss) for the period9904 | €21,280 | €1,315 | -€7,233 | - |
| Profit (loss) for the period to be appropriated9905 | €21,280 | €1,315 | -€7,233 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €77,690 | €65,408 | €74,678 | ▲ 14.2% |
| Fixed assets21/28 | €40,203 | €37,015 | €51,359 | ▲ 38.8% |
| Tangible fixed assets22/27 | €40,203 | €37,015 | €31,859 | ▼ 13.9% |
| Land and buildings22 | €32,083 | €28,583 | €25,083 | ▼ 12.2% |
| Plant, machinery and equipment23 | €2,021 | €1,910 | €1,128 | ▼ 41.0% |
| Furniture and vehicles24 | €3,582 | €2,906 | €2,630 | ▼ 9.5% |
| Other tangible fixed assets26 | €2,517 | €3,615 | €3,018 | ▼ 16.5% |
| Financial fixed assets28 | - | - | €19,500 | - |
| Current assets29/58 | €37,486 | €28,392 | €23,319 | ▼ 17.9% |
| Amounts receivable within one year40/41 | €34,462 | €20,583 | €19,176 | ▼ 6.8% |
| Trade receivables40 | €34,462 | €20,583 | €19,176 | ▼ 6.8% |
| Cash at bank and in hand54/58 | €3,024 | €6,856 | €2,206 | ▼ 67.8% |
| Deferred charges and accrued income490/1 | - | €953 | €1,937 | ▲ 103% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €77,690 | €65,408 | €74,678 | ▲ 14.2% |
| Equity10/15 | €22,947 | €23,403 | €16,170 | ▼ 30.9% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €20,447 | €20,903 | €13,670 | ▼ 34.6% |
| Distributable reserves133 | €20,447 | €20,903 | €13,670 | ▼ 34.6% |
| Amounts payable17/49 | €54,743 | €42,005 | €58,509 | ▲ 39.3% |
| Amounts payable within one year42/48 | €54,743 | €42,005 | €58,487 | ▲ 39.2% |
| Trade debts44 | €5,538 | €3,204 | €9,033 | ▲ 182% |
| Suppliers440/4 | €5,538 | €3,204 | €9,033 | ▲ 182% |
| Taxes, remuneration and social security45 | €10,961 | €9,769 | €6,554 | ▼ 32.9% |
| Taxes450/3 | €10,961 | €9,769 | €6,554 | ▼ 32.9% |
| Other amounts payable47/48 | €38,244 | €29,032 | €42,901 | ▲ 47.8% |
| Accrued charges and deferred income492/3 | - | - | €21 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,280 | €1,315 | -€7,233 | - |
| + Depreciation and write-downs630 | €4,793 | €6,100 | €6,798 | ▲ 11.4% |
| Operating cash flow (approximation) | €26,073 | €7,415 | -€435 | - |
| Investment in fixed assets (approximation) | - | -€2,912 | -€21,142 | ▼ 626% |
| Change in cash | - | €3,832 | -€4,650 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Full text
Als vergoeding voor de inbrengen werden HONDERD (100) aandelen uitgegeven. Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo. De inbrengen die geschieden na de oprichting worden geboekt op een beschikbare eigen vermogensrekening. Bestuur en vertegenwoordiging De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder kunnen hebben.
Owners and capital
Shareholders
- VAN AERDE Nick 100 shares (100%) · €2,500 in cash
Capital transactions
- 21-09-2022 Incorporation · €2,500 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, statutair bestuurder indien benoemd in statuten”
Articles of association, deed of 21-09-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
10%
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
26-08
Gazette deed
Registered office moved within As2 points ▸
- Board meeting, 12-08-2026
- Registered-office move, Hoogstraat(As) 37, 3665 As
21-09
Gazette deed
IncorporationStarting capital €2,500 · Appointment: VAN AERDE Nick (director) · Founder9 points ▸
- Incorporation, 19-09-2022
- Founder, VAN AERDE Nick
- Founding capital, €2,500
- Registered office clause, “3665 As, berkenstraat 16, oprichter” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen verplichtingen en activiteiten door comparant in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, VAN AERDE Nick (director (not named in the articles))
- Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
- Bank account, “besloten vennootschap in oprichting, BE24 3632 2542 7838” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 19 September 2022, SIMPLIFY-IT was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2026 the registered office moved to As.3 VAN AERDE Nick is director of the company, appointed in the act of 21-09-2022.2 Total assets went from €77,690 in 2023 to €74,678 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71002A0169/00V002 | Flanders | 633 m² | 1 · 135 m² | 2.9 m |