Equity
€83,212 from €736,225 in 2023
Equity fell by 89% in 2 years.
Vanbreda Simplex
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €404,126 (2023)
€272,688▼ 7.2%
lowest -€34,326 (2010)
€210,634▲ 35.6%
peak €736,225 (2023)
€83,212▼ 3.9%
€300,767▼ 67.9%
peak 1 FTE (2024)
-not published
Board11 names since 2002
6 directorsSALUD and 5 others
Owners
Documentsfilings and deeds
20-03-2026133 days before the deadline
2025abbreviated format
Result from €155,354 to €210,634Dividend €214,000Debts from €936,839 to €300,767Cash from €917,402 to €210,262
Key points
from the 2025 annual accountsResult
€210,634 ▲ 35.6%
The result rose in 2025 from €155,354 to €210,634.
Turnover
≈ €410,000 estimated
The accounts state no turnover.
Debts
€300,767 78% of the balance sheet
Suppliers 5%Taxes and wages 1%Other 95%
Of this, €230,298 falls due within a year.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 30 to 133 days before the end of the period.
Position in the sector
€210,634
Higher net result than 81% of companies in head offices and management consultancy. Sector median €37,464 · 10,858 companies.
Checked score
93
Excellent
Financially stronger than 51% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 0.2%● unchanged vs 04-2025highest value
06-2025: 0.2%● unchanged vs 05-2025highest value
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.2%● unchanged vs 07-2025highest value
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.2%● unchanged vs 11-2025highest value
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 1.66, cash €210,262, halved
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €383,979
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 70, micro). It does better than 25% of them on solvency, 61% on liquidity, 84% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as Vanbreda Simplex has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Vanbreda Simplex itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,818 companies, not a prediction for Vanbreda Simplex. 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.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66 (1.18 in 2024), above the usual 1.5. Short-term debt is 60% and cash 54.8% of total assets. However, 78.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 10858 sector peers (2025).
NBB · sector comparisonPosition among 10858 sector peers
Solvency
better than 24%
← weakest
strongest →
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 20-03-2026, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 days early
2024
128 days early
2023
126 days early
2022
33 days early
2021
30 days early
2020
29 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 72 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 March (4 of the last 5 accounts filed within 92 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 1 other
- VANBREDA RISK & BENEFITS 100%equity €71.8m (2025) · 2025 annual accounts of VANBREDA RISK & BENEFITS
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473851334
Registered office moved from Herent to Antwerp
New registered office: Plantin en Moretuslei 297 te 2140 Antwerpen · Previous registered office: IJzerberglaan 20, 3020 Herent · Board meeting of 06-12-2024 · Gazette deed
Company renamed from SIMPLEX EMPLOYEE BENEFITS INSURANCE to Vanbreda Simplex
Resignations: DAENEN Robert Marie Jean Roger, DEBUSSCHERE Miek José, MATTHYNSSENS Pedro Ludovicus Honoré, DIERCKX Koen August Jozef and LAUWERS Evelyne · Appointments: MATTHYNSSENS Pedro Ludovicus Honoré, DIERCKX Koen August Jozef, LAUWERS Evelyne, SALUD and BDO BEDRIJFSREVISOREN (statutory auditor) · Permanent representative: DAENEN Robert Marie Jean Roger · General meeting of 06-02-2024 · Gazette deed
4 directors appointed, 2 resignations
Resignations: Robert Daenen and Miek Debusschere · Appointments: Pedro Matthynssens (chair of the board), Koen Dierckx, Evelyne Lauwers (day-to-day manager) and Salud BV (day-to-day manager) · Permanent representative: Robert Daenen · General meeting of 05-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vanbreda Simplex Antwerp | €383,979 | €272,688 | 21.7% | - |
| NOVARE Oud-Turnhout | €348,052 | €315,283 | 17.6% | 1.2 |
| VAN TRICHT CONSULTING Kapellen | €337,258 | €234,739 | 21.6% | 2 |
| COHEN & C° Antwerp | €380,722 | €280,596 | 12.2% | - |
| VG Sensory Deinze | €369,991 | €258,446 | 51.6% | - |
| PAYBIT Aalter | €380,756 | €237,357 | 65.7% | 3.6 |
| ADVIKA Lommel | €370,482 | €248,795 | 95.8% | - |
These companies have the same main activity as Vanbreda Simplex: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €337,000 and €381,000, founded between 1998 and 2005.
Official details
Source: KBO- Status
- Active since 01-02-2001Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.100.167.6853000 Leuven, since 14-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €383,979▼ 62.5%
- Filing
- Filed on 20-03-2026, 133 days before the end of the filing period
Companies linked to Vanbreda Simplex
Parent and group
Insights on Vanbreda Simplex
Vanbreda Simplex files the abbreviated format. That format states no turnover. The gross margin rose from €30,340 in 2006 to €272,688 in 2025.
VANBREDA RISK & BENEFITS holds all the shares. In 2024, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Vanbreda Simplex
- What is the company number of Vanbreda Simplex?
- The company number of Vanbreda Simplex is 0473.851.334. The VAT number is the same number with BE in front: BE 0473.851.334.
- Where is Vanbreda Simplex based?
- The registered office is at Plantin en Moretuslei 297, 2140 Antwerp.Company details
- What does Vanbreda Simplex do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Vanbreda Simplex?
- Vanbreda Simplex is a public limited company (NV).
- When was Vanbreda Simplex founded?
- Vanbreda Simplex was founded on 01-02-2001.
- Is Vanbreda Simplex still active?
- Yes, Vanbreda Simplex is an active enterprise in the KBO register.
- How many employees does Vanbreda Simplex have?
- Vanbreda Simplex had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does Vanbreda Simplex fall under?
- In its 2023 annual accounts, Vanbreda Simplex states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Vanbreda Simplex?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €272,688 and 74 comparable companies (NACE 70200). It probably lies between €320,000 and €750,000.
- Is Vanbreda Simplex profitable?
- In financial year 2025, Vanbreda Simplex made a profit of €210,634.
- Where can I find the annual accounts of Vanbreda Simplex?
- Vanbreda Simplex filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Vanbreda Simplex due?
- Vanbreda Simplex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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