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SIMPLISSIMMO REAL ESTATE

Active
Private limited companyfounded 20179 yrs activeHess de Lilezlaan 36, 1630 Linkebeek, BelgiumKBO/BCE: BE 0677.629.528
Summary

SIMPLISSIMMO REAL ESTATE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €-21k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▲+28
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.29 in 2023; short-term debt: 21.9% of total assets), and 21.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
78.1%
Return on assets
-25.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
29 d late
2022
61 d late
2021
30 d late
2020
91 d late
2019
69 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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
€65k▼ 24.7%
2023 · €87k
2018: €51k 2019: €79k 2020: €50k 2021: €75k 2022: €108k 2023: €87k
2018 → 2024
Total assets
€84k▼ 22.8%
2023 · €109k
2018: €106k 2019: €124k 2020: €105k 2021: €101k 2022: €120k 2023: €109k
2018 → 2024
Net result
€-21k▼ 1.3%
2023 · €-21k
2018: €13k 2019: €28k 2020: €-29k 2021: €25k 2022: €34k 2023: €-21k
2018 → 2024
Working capital
€966▼ 84.6%
2023 · €6k
2018: €-44k 2019: €-3k 2020: €-16k 2021: €23k 2022: €66k 2023: €6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€50k-€75k▲ 50.0%€108k▲ 45.1%€87k▼ 19.6%€65k▼ 24.7%
Operating result€-29k-€25k€41k▲ 65.6%€-21k€-21k▼ 0.9%
Net result€-29k-€25k€34k▲ 35.4%€-21k€-21k▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €-29k€-29kNet result 2020: €-29k€-29kOperating result 2021: €25k€25kNet result 2021: €25k€25kOperating result 2022: €41k€41kNet result 2022: €34k€34kOperating result 2023: €-21k€-21kNet result 2023: €-21k€-21kOperating result 2024: €-21k€-21kNet result 2024: €-21k€-21k20202021202220232024€-40k€-20k€0€20k€40kOperating result 2022: €41k€41kNet result 2022: €34k€34kOperating result 2023: €-21k€-21kNet result 2023: €-21k€-21kOperating result 2024: €-21k€-21kNet result 2024: €-21k€-21k202220232024
The operating result stays negative: a loss of €21k in 2024 against €21k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets €64k ▼ 20.1%
Current assets €19k ▼ 30.6%
Equity and liabilities €84k
Equity €65k ▼ 24.7%
Debt €18k ▼ 14.8%
Debt's share of the balance-sheet total rises from 19.9% to 21.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€520
2023 · €-1k
Cash flow
€366
2023 · €-1k
Current ratio
1.05
2023 · 1.29
Debt to equity
0.28
2023 · 0.25
ROE
-32.8%
2023 · -24.4%
ROA
-25.6%
2023 · -19.6%
Interest coverage
3.38
2023 · -19.13
Debt ≤ 1 year
€18k
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€109k€84k
Fixed assets21/28€81k€64k
Intangible fixed assets21€24k€20k
Tangible fixed assets22/27€57k€44k
Furniture and vehicles24€51k€40k
Other tangible fixed assets26€6k€4k
Current assets29/58€28k€19k
Amounts receivable within one year40/41€11k€19k
Trade receivables40€7k€12k
Other amounts receivable41€4k€7k
Cash at bank and in hand54/58€16k-
Deferred charges and accrued income490/1€69-
Equity and liabilities
Total equity and liabilities10/49€109k€84k
Equity10/15€87k€65k
Contributions10/11€6k€6k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€66k€44k
Amounts payable17/49€22k€18k
Amounts payable within one year42/48€22k€18k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€11€4k
Suppliers440/4€11€4k
Taxes, remuneration and social security45€10k€2k
Taxes450/3€10k€2k
Remuneration and social security454/9€40-
Other amounts payable47/48€12k€9k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k
Other operating charges640/8€2k€1k
Gross operating margin9900€635€2k
Operating profit (loss)9901€-21k€-21k
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€59€154
Recurring financial charges65€59€154
Profit (loss) for the period before taxes9903€-21k€-21k
Profit (loss) for the period9904€-21k€-21k
Profit (loss) for the period to be appropriated9905€-21k€-21k
Appropriation of the result
Profit (loss) to be appropriated9906€66k€44k
Profit (loss) brought forward from the previous period14P€87k€66k

The notes to these accounts (9 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

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial Highest result since 2018net €34k ▲35.4%
Operating result €41k, net result €34k, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 6.53
Current ratio from 1.86 to 6.53; short-term debt falls from €27k to €12k.
31-12
Financial Equity above €100kEq €108k ▲45.1%
2 profitable years in a row build equity to €108k.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.86
Current ratio from 0.70 to 1.86; short-term debt falls from €55k to €27k.
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial Weakest financial yearnet €-29k ▼204%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · 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, Linkebeek · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Hess de Lilezlaan 361630 Linkebeek
Ground area
525 m²
Building footprint
87 m²
Volume, LiDAR
652 m³
Parcel 22003A0047/00G015, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SIMPLISSIMMO REAL ESTATE
Hess de Lilezlaan 36, 1630 LinkebeekReal estate development
since 20172.269.486.729
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22003A0047/00G015 Flanders 525 m² 1 · 87 m² 11.1 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

Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,044 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.