SIMPROVED
ActiveSIMPROVED has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €571k and a net result of €82k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 7.34 against 6.24 in 2024; short-term debt: 13.4% and cash: 36.3% of total assets), and 15.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
84.5%
Return on assets
12.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
12 d late
2020
27 d late
2019
90 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€571k▼ 2.8%
2024 · €588k
2018: €156k
2019: €174k
2020: €217k
2021: €269k
2022: €389k
2023: €490k
2024: €588k
2018 → 2025
Total assets
€676k▼ 6.6%
2024 · €724k
2018: €449k
2019: €395k
2020: €404k
2021: €363k
2022: €441k
2023: €539k
2024: €724k
2018 → 2025
Net result
€82k▼ 18.8%
2024 · €101k
2018: €-3k
2019: €18k
2020: €81k
2021: €94k
2022: €120k
2023: €101k
2024: €101k
2018 → 2025
Working capital
€576k▼ 4.5%
2024 · €603k
2018: €139k
2019: €167k
2020: €220k
2021: €281k
2022: €395k
2023: €500k
2024: €603k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€269k-€389k▲ 44.7%€490k▲ 25.9%€588k▲ 19.9%€571k▼ 2.8%
Operating result€115k-€157k▲ 37.0%€134k▼ 14.9%€133k▼ 0.3%€109k▼ 18.5%
Net result€94k-€120k▲ 28.5%€101k▼ 16.1%€101k▲ 0.4%€82k▼ 18.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 18% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets
€10k▲ 59.5%
Current assets
€666k▼ 7.2%
Equity and liabilities €676k
Equity
€571k▼ 2.8%
Debt
€105k▼ 22.9%
The debt ratio falls from 18.8% to 15.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€111k▼
2024 · €135k
Cash flow
€85k▼
2024 · €103k
Solvency
84.5%▲
2024 · 81.2%
Current ratio
7.34▲
2024 · 6.24
Quick ratio
7.34▲
2024 · 6.24
Debt / equity
0.18▼
2024 · 0.23
ROE
14.4%▼
2024 · 17.3%
ROA
12.2%▼
2024 · 14.0%
Interest coverage
88.34▲
2024 · 85.95
Debt
€105k▼
2024 · €136k
Debt ≤ 1 year
€91k▼
2024 · €115k
Income taxes
€39k▼
2024 · €46k
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€724k€676k▼
Fixed assets21/28€6k€10k▲
Tangible fixed assets22/27€6k€10k▲
Plant, machinery and equipment23€1k€914▼
Furniture and vehicles24€5k€9k▲
Other tangible fixed assets26€90-
Current assets29/58€718k€666k▼
Amounts receivable after more than one year29€299k€239k▼
Other amounts receivable291€299k€239k▼
Amounts receivable within one year40/41€254k€163k▼
Trade receivables40€230k€127k▼
Other amounts receivable41€24k€36k▲
Cash at bank and in hand54/58€146k€245k▲
Deferred charges and accrued income490/1€19k€19k▲
Equity and liabilities
Total equity and liabilities10/49€724k€676k▼
Equity10/15€588k€571k▼
Contributions10/11€12k€12k=
Reserves13€575k€559k▼
Tax-exempt reserves132€34k€34k=
Distributable reserves133€542k€525k▼
Amounts payable17/49€136k€105k▼
Amounts payable within one year42/48€115k€91k▼
Financial debts43€62€62▲
Credit institutions430/8€62€62▲
Trade debts44€73k€7k▼
Suppliers440/4€73k€7k▼
Taxes, remuneration and social security45€32k€2k▼
Taxes450/3€32k€2k▼
Other amounts payable47/48€10k€82k▲
Accrued charges and deferred income492/3€21k€14k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€136k€113k▼
Operating profit (loss)9901€133k€109k▼
Financial income75/76B€16k€14k▼
Recurring financial income75€16k€14k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€148k€121k▼
Income taxes67/77€46k€39k▼
Profit (loss) for the period9904€101k€82k▼
Profit (loss) for the period to be appropriated9905€101k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€82k▼
Transfer from equity791/2€4k€99k▲
Transfer to equity691/2€101k€82k▼
To other reserves6921€101k€82k▼
Profit to be distributed694/7€4k€99k▲
Return on contributions (dividend)694€4k€99k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €500kEq €588k ▲19.9%
6 profitable years in a row build equity to €588k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €120k ▲28.5%
Operating result €157k, net result €120k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 11.48
Current ratio from 4.61 to 11.48; short-term debt falls from €78k to €38k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €200kEq €217k ▲24.9%
2 profitable years in a row build equity to €217k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Grimbergen · 1 establishment unit since 2010
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.
Brusselsesteenweg 2031850 GrimbergenGround area
248 m²
Building footprint
75 m²
Volume, LiDAR
604 m³
Parcel 23403H0004/00R000, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIMPROVED
since 20102.192.799.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403H0004/00R000 | Flanders | 248 m² | 1 · 75 m² | 9.6 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.
Similar companies · same sector, comparable size
DIRK CALUWAERTS
BE 0477.431.129
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BERNARD WILLEMS
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IMMONATA
BE 0443.069.076
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DENDRITE
BE 0471.941.325
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PITECO
BE 0803.924.221
Ukkel · Eq €571k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 33,549 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.