SIMPSON
ActiveThe computed 12-month bankruptcy probability of SIMPSON is 1.8% (moderate). For SIMPSON, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €32k and a net result of €-4k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 495 sector peers (fiscal year 2023). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability51▼-36
Solvency100=
Growth22▼-25
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-12.9%
Age of the figures
33 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline18-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-07-2024, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
7 d early
2022
8 d late
2021
44 d early
2020
45 d late
2019
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€12k▼ 60.2%
2022 · €31k
2018: €33k
2019: €35k
2020: €30k
2022: €31k
2018 → 2023
EBIT margin
-33.2%▼ 44.4pp
2022 · 11.2%
2018: -10.5%
2019: -0.4%
2020: 7.3%
2022: 11.2%
2018 → 2023
Net result
€-4k
2022 · €3k
2018: €-4k
2019: €-200
2020: €2k
2021: €-6k
2022: €3k
2018 → 2023
Working capital
€24k▲ 3.2%
2022 · €23k
2018: €37k
2020: €36k
2021: €15k
2022: €23k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€35k-€30k▼ 16.4%€31k€12k▼ 60.2%
Equity€37k-€39k▲ 5.7%€33k▼ 15.7%€36k▲ 10.2%€32k▼ 11.4%
Operating result€-130-€2k€-6k€3k€-4k
Net result€-200-€2k€-6k€3k€-4k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €4k after €3k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €32k
Fixed assets
€8k▼ 37.4%
Current assets
€24k▲ 0.2%
Equity and liabilities €32k
Equity
€32k▼ 11.4%
Debt
€25▼ 96.5%
The debt ratio falls from 1.9% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€807▼
2022 · €8k
Cash flow
€734▼
2022 · €8k
Solvency
99.9%▲
2022 · 98.1%
Debt / equity
0.00▼
2022 · 0.02
ROE
-12.9%▼
2022 · 9.3%
ROA
-12.9%▼
2022 · 9.1%
Interest coverage
11.05▼
2022 · 112.73
Debt
€25▼
2022 · €710
Debt ≤ 1 year
€22▼
2022 · €708
A ratio outside any meaningful range has been withheld (balance sheet total €32k, equity €32k).
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€37k€32k▼
Fixed assets21/28€13k€8k▼
Tangible fixed assets22/27€13k€8k▼
Furniture and vehicles24€13k€8k▼
Current assets29/58€24k€24k▲
Amounts receivable within one year40/41€10k€8k▼
Trade receivables40€3k-
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€14k€16k▲
Equity and liabilities
Total equity and liabilities10/49€37k€32k▼
Equity10/15€36k€32k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130-€2k
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€344€344=
Profit (loss) carried forward14€16k€11k▼
Amounts payable17/49€710€25▼
Amounts payable within one year42/48€708€22▼
Trade debts44-€22
Suppliers440/4-€22
Taxes, remuneration and social security45€708-
Taxes450/3€708-
Accrued charges and deferred income492/3€2€3▲
Income statement
Code20222023
Turnover70€31k€12k▼
Goods, raw materials, services and sundry goods60/61€22k€11k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€425€616▲
Gross operating margin9900€9k€1k▼
Operating profit (loss)9901€3k€-4k▼
Financial charges65/66B€74€73▼
Recurring financial charges65€74€73▼
Profit (loss) for the period before taxes9903€3k€-4k▼
Profit (loss) for the period9904€3k€-4k▼
Profit (loss) for the period to be appropriated9905€3k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€11k▼
Profit (loss) brought forward from the previous period14P€12k€16k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 32current ratio 1094.14
Current ratio from 33.93 to 1094.14; short-term debt falls from €708 to €22.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 33.93
Current ratio from 13.06 to 33.93; short-term debt falls from €1k to €708.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼392%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 45 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 5 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 1997
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.
Koloniënstraat 111000 BrusselGround area
4,294 m²
Building footprint
3,354 m²
Volume, LiDAR
88,937 m³
2 parcels, Brussels · tallest building 35.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Notelaarstraat 282, 1030 Schaarbeek
since 19972.083.757.958
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
| 21911C0013/00L005 | Brussels | 888 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 882 companies in sector 77229 we hold annual accounts for 320. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1996
Fiscal year end31-12
Activities, NACEBEL
71402
77220Rental and leasing activities
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.