SimPulse
ActiveSummary
SimPulse has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €27k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+29
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 1.71 in 2024; short-term debt: 28.4% and cash: 53.8% of total assets), and 29.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
70.2%
Return on assets
30%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
42 d early
2023
27 d early
2022
52 d late
2021
12 d early
2020
10 d late
2019
192 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€62k▲ 74.6%
2024 · €36k
2018: €52k
2019: €-3k
2020: €25k
2021: €18k
2022: €22k
2023: €59k
2024: €36k
2018 → 2025
Total assets
€89k▲ 2.6%
2024 · €87k
2018: €87k
2019: €37k
2020: €59k
2021: €44k
2022: €61k
2023: €77k
2024: €87k
2018 → 2025
Net result
€27k▼ 34.4%
2024 · €41k
2018: €-83k
2019: €-55k
2020: €28k
2021: €-7k
2022: €26k
2023: €36k
2024: €41k
2018 → 2025
Working capital
€62k▲ 75.2%
2024 · €35k
2018: €53k
2019: €-6k
2020: €22k
2021: €15k
2022: €21k
2023: €56k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€22k▲ 23.6%€59k▲ 164%€36k▼ 39.1%€62k▲ 74.6%
Operating result€-7k-€26k€37k▲ 38.7%€41k▲ 11.9%€34k▼ 18.1%
Net result€-7k-€26k€36k▲ 39.0%€41k▲ 11.5%€27k▼ 34.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€2k ▲ 20.9%
Current assets
€87k ▲ 2.2%
Equity and liabilities €89k
Equity
€62k ▲ 74.6%
Debt
€27k ▼ 48.0%
Debt's share of the balance-sheet total falls from 58.8% to 29.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €42k
Cash flow
€28k▼
2024 · €42k
Current ratio
3.44▲
2024 · 1.71
Debt to equity
0.42▼
2024 · 1.43
ROE
42.7%▼
2024 · 113.7%
ROA
30.0%▼
2024 · 46.9%
Interest coverage
40.71▼
2024 · 207.68
Debt ≤ 1 year
€25k▼
2024 · €50k
Income taxes
€6k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€87k€89k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Current assets29/58€85k€87k▲
Amounts receivable within one year40/41€39k€39k▲
Trade receivables40€37k€35k▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€46k€48k▲
Deferred charges and accrued income490/1€184-
Equity and liabilities
Total equity and liabilities10/49€87k€89k▲
Equity10/15€36k€62k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€16k€16k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1k€28k▲
Amounts payable17/49€51k€27k▼
Amounts payable within one year42/48€50k€25k▼
Trade debts44€429€5k▲
Suppliers440/4€429€5k▲
Taxes, remuneration and social security45€279€357▲
Taxes450/3€279€357▲
Other amounts payable47/48€49k€20k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€906€998▲
Other operating charges640/8€257€67▼
Gross operating margin9900€42k€35k▼
Operating profit (loss)9901€41k€34k▼
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€398€850▲
Recurring financial charges65€202€850▲
Non-recurring financial charges66B€196-
Profit (loss) for the period before taxes9903€41k€33k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€41k€27k▼
Profit (loss) for the period to be appropriated9905€41k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€28k▼
Profit (loss) brought forward from the previous period14P€37k€1k▼
Profit to be distributed694/7€76k-
Return on contributions (dividend)694€76k-
The notes to these accounts (6 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 3.44
Current ratio from 1.71 to 3.44; short-term debt falls from €50k to €25k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €41k ▲11.5%
Operating result €41k, net result €41k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.09
Current ratio from 1.53 to 4.09; short-term debt falls from €39k to €18k.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 192 days late
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
Show earlier events
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
13-07
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
4 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, Waterloo · 1 establishment unit since 2014
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.
Avenue des Croix du Feu 151410 WaterlooGround area
915 m²
Building footprint
113 m²
Volume, LiDAR
808 m³
Parcel 25762H0173/00D002, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SimPulse
since 20142.235.678.764
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0173/00D002 | Wallonia | 915 m² | 1 · 113 m² | 9.8 m · 2 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
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BE 0733.937.731
Kapellen · Eq €62,423
Codanics
BE 1004.125.588
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CAP CONSEIL
BE 0860.226.187
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HYPEVISION
BE 0803.516.227
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,172 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
Founded08-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85592Vocational training
73200Market research and public opinion polling
73300Public relations and communication consultancy
82990Other business support services
85593Socio-cultural adult education
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.