Simply Grow
ActiveThe computed 12-month bankruptcy probability of Simply Grow is 1.9% (moderate). The annual accounts of Simply Grow for fiscal year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €1k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 7027 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency50▼-13
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.69 against 1.5 in 2024; short-term debt: 55.8% and cash: 0.1% of total assets), but 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
25%
Return on assets
-43.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
14 d early
2024
29 d late
2023
12 d early
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 63.5%
2024 · €4k
2022: €866
2023: €-2k
2024: €4k
2022 → 2025
Total assets
€5k▼ 44.2%
2024 · €9k
2022: €3k
2023: €2k
2024: €9k
2022 → 2025
Net result
€-2k
2024 · €5k
2022: €-3k
2023: €-2k
2024: €5k
2022 → 2025
Working capital
€2k▼ 29.4%
2024 · €3k
2022: €-711
2023: €-3k
2024: €3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€866-€-2k€4k€1k▼ 63.5%
Operating result€-3k-€-2k▲ 21.4%€5k€-2k
Net result€-3k-€-2k▲ 21.6%€5k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €5k
Equity
€1k▼ 63.5%
Debt
€4k▼ 32.3%
The debt ratio rises from 61.7% to 75.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €6k
Cash flow
€-2k▼
2024 · €6k
Solvency
25.0%▼
2024 · 38.3%
Current ratio
1.69▲
2024 · 1.50
Quick ratio
1.69▲
2024 · 1.50
Debt / equity
2.99▲
2024 · 1.61
ROE
-173.8%▼
2024 · 144.5%
ROA
-43.5%▼
2024 · 55.3%
Interest coverage
-11.08▼
2024 · 49.55
Debt
€4k▼
2024 · €6k
Debt ≤ 1 year
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9k€5k▼
Formation expenses20€718€289▼
Current assets29/58€9k€5k▼
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€8k€0▼
Other amounts receivable41€1k€5k▲
Cash at bank and in hand54/58€0€4▲
Equity and liabilities
Total equity and liabilities10/49€9k€5k▼
Equity10/15€4k€1k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-428€-3k▼
Amounts payable17/49€6k€4k▼
Amounts payable within one year42/48€6k€3k▼
Financial debts43€83€0▼
Credit institutions430/8€83€0▼
Trade debts44€817€1k▲
Suppliers440/4€817€1k▲
Taxes, remuneration and social security45-€161
Taxes450/3-€161
Other amounts payable47/48€5k€2k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429€429=
Other operating charges640/8€451€625▲
Gross operating margin9900€6k€-1k▼
Operating profit (loss)9901€5k€-2k▼
Financial charges65/66B€115€152▲
Recurring financial charges65€115€152▲
Profit (loss) for the period before taxes9903€5k€-2k▼
Profit (loss) for the period9904€5k€-2k▼
Profit (loss) for the period to be appropriated9905€5k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-428€-3k▼
Profit (loss) brought forward from the previous period14P€-6k€-428▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 1.50
Current ratio from 0.28 to 1.50.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial 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, Brakel · 1 establishment unit since 2021
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.
Geraardsbergsestraat 429660 BrakelGround area
1,370 m²
Building footprint
191 m²
Volume, LiDAR
1,108 m³
Parcel 45028C0386/00N000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leading by Intuition
since 20212.321.779.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45028C0386/00N000 | Flanders | 1,370 m² | 1 · 191 m² | 8.3 m · 2 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.
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STEVENTS
BE 0680.727.984
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WMB
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 1,008 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2021
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
78100Employment placement agencies
85599Other education
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.