What does SIMPLELEC do?

SIMPLELEC is an electrical contractor in Saint-Ghislain. Private Limited, started on 20 August 2015, 1 establishment.

What is the address of SIMPLELEC?

The registered office of SIMPLELEC is located at Rue Septième(SG) 3, 7330 Saint-Ghislain.

Is SIMPLELEC still active?

Yes. According to the CBE (29 October 2026) SIMPLELEC is active, legal situation “Normale toestand”, started on 20 August 2015.

Is SIMPLELEC registered on Peppol?

Yes, SIMPLELEC is registered on the Peppol network with ID 0208:0635643077.

What is the enterprise number of SIMPLELEC?

The enterprise number of SIMPLELEC is BE0635643077.

When was SIMPLELEC founded?

SIMPLELEC was founded on 20 August 2015.

Who are the directors of SIMPLELEC?

According to the 2025 annual accounts, the directors of SIMPLELEC are: KARIM BOLHANDIA.

Is SIMPLELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 August 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did SIMPLELEC make in 2025?

SIMPLELEC recorded a loss after taxes of € 49,495 in financial year 2025.

What is the revenue of SIMPLELEC?

As a small company, SIMPLELEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 465.

SIMPLELEC (Private Limited) - Saint-Ghislain

Dossier SIMPLELEC, printed on 29 October 2026 from databakkes.be/en/0635643077/simplelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SIMPLELEC from Saint-Ghislain, company number BE0635643077, closed financial year 2025 with a result of € -49,495 after tax. For that financial year SIMPLELEC recorded a gross margin of € 465 and equity of € 32,801. Compared with financial year 2024, the result moved from € 28,279 to € -49,495. The company made a loss. The buffer shrank hard: equity is 60 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2026.

What it is worth Shrank hard

€ 32,801

▼ 60% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -49,495

▼ still € 28,279 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,080

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 14,201.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 1,102 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 1,102

▼ 72% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 6,944

▼ 6% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 137,481

▼ 21% vs 2024

€ 19,002 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 6,429

▼ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,730

▼ 58% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 212,875 Gross margin 2022: € 212,875 First fiscal year in the series	€ 167,411 Gross margin 2023: € 167,411 ▼ 21% vs 2022 (€ 212,875) Unfavourable step	€ 76,135 Gross margin 2024: € 76,135 ▼ 55% vs 2023 (€ 167,411) Unfavourable step	€ 465 Gross margin 2025: € 465 ▼ 99% vs 2024 (€ 76,135) Unfavourable step	▼ 99%
Profit after taxes	€ 17,118 Profit after taxes 2022: € 17,118 First fiscal year in the series	€ -27,404 Profit after taxes 2023: € -27,404 ▼ € 44,521 vs 2022 (€ 17,118) Unfavourable step	€ 28,279 Profit after taxes 2024: € 28,279 ▲ € 55,683 vs 2023 (€ -27,404) Favourable step	€ -49,495 Profit after taxes 2025: € -49,495 ▼ € 77,774 vs 2024 (€ 28,279) Unfavourable step	▼ € 77,774
Equity	€ 81,421 Equity 2022: € 81,421 First fiscal year in the series	€ 54,017 Equity 2023: € 54,017 ▼ 34% vs 2022 (€ 81,421) Unfavourable step	€ 82,296 Equity 2024: € 82,296 ▲ 52% vs 2023 (€ 54,017) Favourable step	€ 32,801 Equity 2025: € 32,801 ▼ 60% vs 2024 (€ 82,296) Unfavourable step	▼ 60%
Total debts	€ 305,353 Total debts 2022: € 305,353 First fiscal year in the series	€ 387,026 Total debts 2023: € 387,026 ▲ 27% vs 2022 (€ 305,353) Unfavourable step	€ 248,198 Total debts 2024: € 248,198 ▼ 36% vs 2023 (€ 387,026) Favourable step	€ 228,076 Total debts 2025: € 228,076 ▼ 8% vs 2024 (€ 248,198) Favourable step	▼ 8%
Cash	€ 510 Cash 2022: € 510 First fiscal year in the series	-	-	€ 1,080 Cash 2025: € 1,080 First fiscal year in the series
Land & buildings	€ 249,697 Land & buildings 2022: € 249,697 First fiscal year in the series	€ 297,422 Land & buildings 2023: € 297,422 ▲ 19% vs 2022 (€ 249,697) Unchanged	€ 269,705 Land & buildings 2024: € 269,705 ▼ 9% vs 2023 (€ 297,422) Unchanged	€ 244,098 Land & buildings 2025: € 244,098 ▼ 9% vs 2024 (€ 269,705) Unchanged	▼ 9%
Retained profit	€ 62,821 Retained profit 2022: € 62,821 First fiscal year in the series	€ 35,417 Retained profit 2023: € 35,417 ▼ 44% vs 2022 (€ 62,821) Unfavourable step	€ 63,696 Retained profit 2024: € 63,696 ▲ 80% vs 2023 (€ 35,417) Favourable step	€ 14,201 Retained profit 2025: € 14,201 ▼ 78% vs 2024 (€ 63,696) Unfavourable step	▼ 78%
Bank debt	€ 207,204 Bank debt 2022: € 207,204 First fiscal year in the series	€ 176,660 Bank debt 2023: € 176,660 ▼ 15% vs 2022 (€ 207,204) Favourable step	€ 174,645 Bank debt 2024: € 174,645 ▼ 1% vs 2023 (€ 176,660) Favourable step	€ 137,481 Bank debt 2025: € 137,481 ▼ 21% vs 2024 (€ 174,645) Favourable step	▼ 21%
Balance sheet total	€ 386,774 Balance sheet total 2022: € 386,774 First fiscal year in the series	€ 441,043 Balance sheet total 2023: € 441,043 ▲ 14% vs 2022 (€ 386,774) Unchanged	€ 330,494 Balance sheet total 2024: € 330,494 ▼ 25% vs 2023 (€ 441,043) Unchanged	€ 260,877 Balance sheet total 2025: € 260,877 ▼ 21% vs 2024 (€ 330,494) Unchanged	▼ 21%

Key figures of SIMPLELEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SIMPLELEC?

What happened at SIMPLELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 20, 2026 New annual accounts for financial year 2025: loss of € 49,495 (▼ € 77,774 vs 2024). filed late Source: NBB ↗
Aug 20, 2015 New establishment in Frameries. KBO
Aug 20, 2015 Start of the company according to the CBE. KBO

In short

From € 17,118 profit in 2022 to € 49,495 loss in 2025.

Paid € 1,106 in corporate taxes since 2022.

Best year ever: 2024, with € 28,279 profit.

Original PDFs at the National Bank ↗

Management

KARIM BOLHANDIA

SIMPLELEC

SIMPLELEC 2.0

Behind SIMPLELEC is KARIM BOLHANDIA. KARIM BOLHANDIA is also behind SIMPLELEC 2.0.

Directors

According to the 2025 annual accounts

KARIM BOLHANDIA

Manager

Also active at: SIMPLELEC 2.0

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Septième(SG) 3

7330 Saint-Ghislain

2.244.631.171

Av. des Nouvelles Technologies 77

7080 Frameries

Active since 20 August 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0635.643.077
VAT number: BE 0635.643.077
Registered office: Rue Septième(SG) 3, 7330 Saint-Ghislain
Names & denominations: SIMPLELEC
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 20 August 2015
Peppol: Active · Active since 19 Dec 2025
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗