SIMPLISSIMO
ActiveSummary
SIMPLISSIMO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,285 and a net result of €14,556. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 11425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+56
Solvency56▲+3
Growth61=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.37 in 2024; short-term debt: 25.8% and cash: 0.1% of total assets), and 68.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
6.5%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
23 d early
2023
6 d late
2022
3 d late
2021
3 d late
2020
31 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€97,117▲ 74.2%
2021 · €55,759
EBIT margin
30.7%▲ 41.6pp
2021 · -10.9%
Net result
€14,556
2024 · -€2,501
Working capital
-€51,062▼ 102%
2024 · -€25,288
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€55,759▼ 25.6%€97,117▲ 74.2%
Operating result-€6,072▼ 956%€29,847€37,085▲ 24.2%€1,331▼ 96.4%€26,700▲ 1,906%
Net result-€7,121▼ 414%€24,985€25,102▲ 0.5%-€2,501€14,556
EBIT margin-10.9%▼ 10.1pp30.7%▲ 41.6pp
Equity€7,142▼ 49.9%€32,128▲ 350%€57,230▲ 78.1%€54,729▼ 4.4%€69,285▲ 26.6%
Total assets€224,789▲ 388%€222,146▼ 1.2%€219,123▼ 1.4%€195,096▼ 11.0%€222,416▲ 14.0%
Debt€217,647▲ 585%€190,019▼ 12.7%€161,894▼ 14.8%€140,367▼ 13.3%€153,131▲ 9.1%
Working capital-€16,405-€15,680▲ 4.4%-€15,859▼ 1.1%-€25,288▼ 59.5%-€51,062▼ 102%
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 2025; 2025 is 1,906% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222,416
Fixed assets
€216,176 ▲ 20.0%
Current assets
€6,240 ▼ 58.3%
Equity and liabilities €222,416
Equity
€69,285 ▲ 26.6%
Debt
€153,131 ▲ 9.1%
Debt's share of the balance-sheet total falls from 71.9% to 68.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,416▲
2024 · €1,552
Cash flow
€17,273▲
2024 · -€2,279
Current ratio
0.11▼
2024 · 0.37
Debt to equity
2.21▼
2024 · 2.56
ROE
21.0%▲
2024 · -4.6%
ROA
6.5%▲
2024 · -1.3%
Interest coverage
8.02▲
2024 · 0.44
Debt ≤ 1 year
€57,302▲
2024 · €40,244
Debt > 1 year
€94,748▼
2024 · €98,501
Income taxes
€10,318▲
2024 · €359
Staff costs
€418▼
2024 · €521
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €55,759 | €97,117 | - | - | - | - |
| Non-recurring operating income76A | €4,779 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €55,953 | €58,495 | - | - | - | - |
| Remuneration, social security and pensions62 | €425 | €312 | €3,894 | €521 | €418 | ▼ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,567 | €5,648 | €5,686 | €221 | €2,717 | ▲ 1,127% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €9,029 | -€323 | €350 | ▲ 208% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €650 | - | - | - | - | - |
| Other operating charges640/8 | €2,015 | €2,716 | €1,827 | €2,935 | €4,309 | ▲ 46.8% |
| Non-recurring operating charges66A | - | €100 | €896 | - | - | - |
| Gross operating margin9900 | €4,585 | €38,623 | €58,417 | €4,686 | €34,494 | ▲ 636% |
| Operating profit (loss)9901 | -€6,072 | €29,847 | €37,085 | €1,331 | €26,700 | ▲ 1,906% |
| Financial income75/76B | €0 | €0 | €1 | €50 | €1,841 | ▲ 3,564% |
| Recurring financial income75 | €0 | €0 | €1 | €50 | €1,841 | ▲ 3,564% |
| Financial charges65/66B | €929 | €4,151 | €3,705 | €3,523 | €3,666 | ▲ 4.1% |
| Recurring financial charges65 | €929 | €4,151 | €3,705 | €3,523 | €3,666 | ▲ 4.1% |
| Profit (loss) for the period before taxes9903 | -€7,001 | €25,696 | €33,381 | -€2,142 | €24,874 | ▲ 1,261% |
| Income taxes67/77 | €119 | €711 | €8,279 | €359 | €10,318 | ▲ 2,776% |
| Profit (loss) for the period9904 | -€7,121 | €24,985 | €25,102 | -€2,501 | €14,556 | ▲ 682% |
| Profit (loss) for the period to be appropriated9905 | -€7,121 | €24,985 | €25,102 | -€2,501 | €14,556 | ▲ 682% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,789 | €222,146 | €219,123 | €195,096 | €222,416 | ▲ 14.0% |
| Fixed assets21/28 | €191,031 | €186,048 | €180,362 | €180,140 | €216,176 | ▲ 20.0% |
| Tangible fixed assets22/27 | €11,031 | €6,048 | €362 | €140 | €36,176 | ▲ 25,694% |
| Plant, machinery and equipment23 | - | - | - | - | €2,169 | - |
| Furniture and vehicles24 | €11,031 | €6,048 | €362 | €140 | €34,007 | ▲ 24,147% |
| Financial fixed assets28 | €180,000 | €180,000 | €180,000 | €180,000 | €180,000 | = |
| Current assets29/58 | €33,758 | €36,098 | €38,761 | €14,956 | €6,240 | ▼ 58.3% |
| Amounts receivable within one year40/41 | €25,233 | €26,358 | €23,450 | €10,592 | €1,087 | ▼ 89.7% |
| Trade receivables40 | €22,567 | €24,364 | €18,016 | €1,340 | €96 | ▼ 92.9% |
| Other amounts receivable41 | €2,666 | €1,994 | €5,434 | €9,253 | €992 | ▼ 89.3% |
| Current investments50/53 | €5,010 | €2,610 | €10,065 | €2,559 | €2,559 | = |
| Cash at bank and in hand54/58 | €1,982 | €5,206 | €3,541 | €15 | €238 | ▲ 1,448% |
| Deferred charges and accrued income490/1 | €1,533 | €1,924 | €1,706 | €1,790 | €2,356 | ▲ 31.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,789 | €222,146 | €219,123 | €195,096 | €222,416 | ▲ 14.0% |
| Equity10/15 | €7,142 | €32,128 | €57,230 | €54,729 | €69,285 | ▲ 26.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €16,416 | ▲ 783% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €14,556 | - |
| Profit (loss) carried forward14 | -€7,118 | €17,868 | €42,970 | €40,469 | €40,469 | = |
| Amounts payable17/49 | €217,647 | €190,019 | €161,894 | €140,367 | €153,131 | ▲ 9.1% |
| Amounts payable after more than one year17 | €166,403 | €136,618 | €106,191 | €98,501 | €94,748 | ▼ 3.8% |
| Financial debts170/4 | €166,403 | €136,618 | €106,191 | €80,501 | €76,748 | ▼ 4.7% |
| Other amounts payable178/9 | - | - | - | €18,000 | €18,000 | = |
| Amounts payable within one year42/48 | €50,163 | €51,778 | €54,621 | €40,244 | €57,302 | ▲ 42.4% |
| Current portion of amounts payable after more than one year42 | €29,155 | €29,784 | €30,427 | €25,690 | €32,254 | ▲ 25.5% |
| Trade debts44 | €4,545 | €3,366 | €273 | €390 | €231 | ▼ 40.8% |
| Suppliers440/4 | €4,545 | €3,366 | €273 | €390 | €231 | ▼ 40.8% |
| Taxes, remuneration and social security45 | €117 | €2,510 | €12,530 | €9,747 | €17,828 | ▲ 82.9% |
| Taxes450/3 | €117 | €2,510 | €12,530 | €4,747 | €12,428 | ▲ 162% |
| Remuneration and social security454/9 | - | - | - | €5,000 | €5,400 | ▲ 8.0% |
| Other amounts payable47/48 | €16,345 | €16,118 | €11,391 | €4,417 | €6,989 | ▲ 58.2% |
| Accrued charges and deferred income492/3 | €1,082 | €1,622 | €1,082 | €1,622 | €1,082 | ▼ 33.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,121 | €24,985 | €25,102 | -€2,501 | €14,556 | ▲ 682% |
| + Depreciation and write-downs630 | €7,567 | €5,648 | €5,686 | €221 | €2,717 | ▲ 1,127% |
| Operating cash flow (approximation) | €446 | €30,633 | €30,788 | -€2,279 | €17,273 | ▲ 858% |
| Investment in fixed assets (approximation) | - | -€665 | €0 | €0 | -€38,752 | - |
| Change in cash | - | €3,224 | -€1,666 | -€3,526 | €223 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
30-09
Financial
Back to profitnet €14,556
Net result €14,556 after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
30-09
Financial
Highest result since 2018net €25,102 ▲0.5%
Operating result €37,085, net result €25,102, both a record.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial
Back to profitnet €24,985
Net result €24,985 after 4 loss-making years.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Ath · 2 establishment units since 2010
Ground area
656 m²
Building footprint
107 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Avenue des Sorbiers 36, 7800 Ath
since 20102.192.361.633
SIMPLISSIMO
since 20172.281.582.431
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004B0391/00K002 | Wallonia | 501 m² | 1 · 107 m² | - |
| 53014A0414/00F000 | Wallonia | 155 m² | - | - |
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.
Similar companies · same sector, comparable size
Nexus Packaging
BE 0737.393.604
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DHOSICO
BE 0797.201.527
Menen · Eq €69,318
KOEN DE STAERCKE
BE 0860.254.396
Kortrijk · Eq €69,235
FORMA GROUP
BE 0450.877.378
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SCANDERIMEX
BE 0782.222.450
Schaarbeek · Eq €69,910
Of 6,147 companies in sector 46190 we hold annual accounts for 2,570. 1,964 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-08-2010
Fiscal year end30-09
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.