SIMPLE & FAST

Active

Private limited companyfounded 20223 yrs activeMassenetlaan 20, 1190 Vorst, BelgiumKBO/BCE: BE 0793.472.668

The computed 12-month bankruptcy probability of SIMPLE & FAST is 6.4% (elevated). The 2024 annual accounts show equity of €23k and a net result of €14k. Its solvency ranks better than 63% of 6712 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

68 / 100

Healthy▲ +43 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency66▲+28

Growth78

Stability94

Bankruptcy probability, 12 months

6.4% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity short (current ratio 0.67 against 0.49 in 2023), and 49% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

51%

Return on assets

30.8%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

132 d late

2023

65 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€23k▲ 153%

2023 · €9k

2023: €9k

2023 → 2024

Total assets

€46k▲ 53.5%

2023 · €30k

2023: €30k

2023 → 2024

Net result

€14k

2023 · €-816

2023: €-816

2023 → 2024

Working capital

€-7k▲ 29.6%

2023 · €-10k

2023: €-10k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€9k-€23k▲ 153%

Operating result€-816-€14k

Net result€-816-€14k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €14k after a loss of €816 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €46k

67.2%

32.8%

Fixed assets €31k▲ 55.7%

Current assets €15k▲ 49.4%

Equity and liabilities €46k

51.0%

49.0%

Equity €23k▲ 153%

Debt €22k▲ 8.9%

The debt ratio falls from 69.1% to 49.0%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€22k▲

2023 · €-450

Cash flow

€22k▲

2023 · €-450

Solvency

51.0%▲

2023 · 30.9%

Current ratio

0.67▲

2023 · 0.49

Quick ratio

0.67▲

2023 · 0.49

Debt / equity

0.96▼

2023 · 2.23

ROE

60.5%▲

2023 · -8.9%

ROA

30.8%▲

2023 · -2.7%

Debt

€22k▲

2023 · €20k

Debt ≤ 1 year

€22k▲

2023 · €20k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€30k€46k▲

Fixed assets21/28€20k€31k▲

Tangible fixed assets22/27€20k€31k▲

Furniture and vehicles24€20k€31k▲

Current assets29/58€10k€15k▲

Amounts receivable within one year40/41€10k€10k=

Other amounts receivable41€10k€10k=

Cash at bank and in hand54/58-€4k

Deferred charges and accrued income490/1-€1k

Equity and liabilities

Total equity and liabilities10/49€30k€46k▲

Equity10/15€9k€23k▲

Contributions10/11€10k€10k=

Capital10-€10k

Issued capital100-€10k

Profit (loss) carried forward14€-816€13k▲

Amounts payable17/49€20k€22k▲

Amounts payable within one year42/48€20k€22k▲

Trade debts44€20k€8k▼

Suppliers440/4€20k€8k▼

Taxes, remuneration and social security45-€2k

Taxes450/3-€2k

Other amounts payable47/48-€13k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€8k▲

Other operating charges640/8-€3k

Gross operating margin9900€-450€25k▲

Operating profit (loss)9901€-816€14k▲

Profit (loss) for the period before taxes9903€-816€14k▲

Profit (loss) for the period9904€-816€14k▲

Profit (loss) for the period to be appropriated9905€-816€14k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-816€13k▲

Profit (loss) brought forward from the previous period14P-€-816

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Gazette 1Filings 2

2026

10-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment9 facts ▸

General meeting
Director resignation, HIDA Eldjon (administrateur)
Director appointment, ABDULKADER ASSAD (administrateur)
Share transfer, SHEIKH ALSOUK HANADI
Share holding, Post-transfer holding stated., 34
Share holding, Post-transfer holding stated., 33
Share holding, Post-transfer holding stated., 20
Share holding, Post-transfer holding stated., 0
Share holding, Post-transfer holding stated., 0

2025

10-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 132 days late

2024

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

04-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 65 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 8 acts read

About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

6 directors, last change in 2026

ABDULKADER ASSAD

Director · since 01-08-2026

Current

01-08-2026 ABDULKADER ASSAD: Appointed as Director

31-03-2026 HIDA Eldjon: Resigned as Director

31-12-2025 NKOUNKOU SABY André Meddhy D: Resigned as Director

19-11-2025 VAN GUCHT Dylan Henri: Resigned as Director

01-09-2025 RAZA Said: Resigned as Director

30-06-2025 MBIYE LUKUSA Yves: Resigned as Director

Not every act has been read: a resignation may be missing here

7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Vorst · 1 establishment unit since 2022

exact location from the address register On OpenStreetMap

Ground area

776 m²

Building footprint

450 m²

Volume, LiDAR

4,606 m³

2 parcels, Brussels, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

SIMPLE & FAST

Lange Eikstraat 46, 1970 Wezembeek-OppemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20222.338.088.295

2 parcels

Flanders 1 (50%) Brussels 1 (50%)