Equity
-€4,300
Debts exceed assets in financial year 2025.
S.M. Architecture
Lifetime
4 annual accounts with figures on one time axispeak €24,480 (2022)
€4,905▲ 80.2%
lowest -€12,660 (2025)
-€12,660▼ €3,275
peak €17,744 (2023)
-€4,300▼ €12,660
€59,921▲ 6.0%
Board1 name since 2022
1 directorMONACHINO Salvatore
Documentsfilings and deeds
12-10-202673 days late
2025micro format
Gross margin from €2,722 to €4,905Loss of €12,660Equity from €8,360 to -€4,300
Key points
from the 2025 annual accountsLosses
-€22,044 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €31,000 estimated
The micro format states no turnover.
Debts
€59,921 108% of the balance sheet
Financial debts 45%Suppliers 15%Taxes and wages 15%Other 24%
Of this, €32,676 falls due within a year.
Filings
4 annual accounts 73 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€4,300
Less equity than 91% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.
Checked score
53
Fair
Financially stronger than 8% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%
01-2025: 2.3%● unchanged vs 12-2024
02-2025: 2.3%● unchanged vs 01-2025
03-2025: 2.4%▲ +0.1 percentage points vs 02-2025
04-2025: 2.3%▼ -0.1 percentage points vs 03-2025
05-2025: 2.4%▲ +0.1 percentage points vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 2.2%▼ -0.1 percentage points vs 06-2025
08-2025: 2.9%▲ +0.7 percentage points vs 07-2025
09-2025: 3.5%▲ +0.6 percentage points vs 08-2025highest value
10-2025: 1.7%▼ -1.8 percentage points vs 09-2025
11-2025: 1.5%▼ -0.2 percentage points vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 2.1%▲ +0.6 percentage points vs 07-2026
09-2026: 2.5%▲ +0.4 percentage points vs 08-2026
10-2026: 1.2%▼ -1.3 percentage points vs 09-2026lowest value
11-2026: 1.2%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 73 days late; 3 of the last 3 accounts late
Negative equity -€4,300
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €55,621
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 71, micro). It does better than 8% of them on solvency, 12% on liquidity, 9% on profitability and 2% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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, 7,639 companies had the same profile as S.M. Architecture has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of S.M. Architecture itself is lower: 1.2% within 12 months. It rests on far more data about S.M. Architecture than the profile alone.
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 7,639 companies, not a prediction for S.M. Architecture. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.5 (0.81 in 2024), below 1. Short-term debt is 58.7% and cash 7.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€4,300
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
73 days late
2024
61 days late
2023
114 days late
2022
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 77 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 6 October (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0782897193
Incorporation
Founding capital of €2,500, 100 shares · Founder: Salvatore MONACHINO (associé unique) · Appointment: Salvatore MONACHINO (director) · published on 08-03-2022 · Gazette deed
First establishment
Rue d'Houdeng 236, Le Roeulx
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S.M. Architecture La Louvière | €55,621 | €4,905 | -7.7% | - |
| Ela.i Liège | €50,658 | €5,661 | 62.7% | - |
| ANA MITU ARCHITECT Ixelles | €47,132 | €5,549 | 58.5% | - |
| STUDIO MAS Alveringem | €64,366 | €4,557 | 51.3% | - |
| PENTAGON ARCHITECTS Wezembeek-Oppem | €57,809 | €5,642 | 11.4% | - |
| DUHO ARCHITECTURE Ham-sur-Heure-Nalinnes | €55,391 | €7,378 | 19.3% | - |
| GP Architektur Eupen | €54,186 | €5,635 | 88.7% | - |
These companies have the same main activity as S.M. Architecture: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €47,100 and €64,400, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 04-03-2022Normal situation
- Activity
- Activities of building architectsNACE 71111
- Establishment unit
- 2.329.040.6707070 Le Roeulx, since 04-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 01-08-2025
Insights on S.M. Architecture
S.M. Architecture files the micro format. That format states no turnover. The gross margin fell from €24,480 in 2022 to €4,905 in 2025.
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 S.M. Architecture
- What is the company number of S.M. Architecture?
- The company number of S.M. Architecture is 0782.897.193. The VAT number is the same number with BE in front: BE 0782.897.193.
- Where is S.M. Architecture based?
- The registered office is at Rue Haute 1, 7100 La Louvière.Company details
- What does S.M. Architecture do?
- According to the KBO register, the main activity is activities of building architects (NACE 71111).
- What is the legal form of S.M. Architecture?
- S.M. Architecture is a private limited company (BV).
- When was S.M. Architecture founded?
- S.M. Architecture was founded on 04-03-2022.
- Is S.M. Architecture still active?
- Yes, S.M. Architecture is an active enterprise in the KBO register.
- What is the turnover of S.M. Architecture?
- The turnover in financial year 2025 is ≈ €31,000. This figure is estimated from the gross margin of €4,905 and 48 comparable companies (NACE 71111). It probably lies between €16,000 and €57,000. It is a rough estimate.Financials
- Is S.M. Architecture profitable?
- In financial year 2025, S.M. Architecture made a loss of €12,660.
- Where can I find the annual accounts of S.M. Architecture?
- S.M. Architecture filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of S.M. Architecture due?
- S.M. Architecture must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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