Always Smiling
ActiveSummary
Always Smiling has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €77k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 26% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+2
Solvency56▼-44
Growth78▲+26
Track record94
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 tight (current ratio 1.43 against 42.03 in 2024; short-term debt: 68.8% and cash: 84.4% of total assets), and 68.8% of the assets are financed with debt.
Credit check 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
31.2%
Return on assets
37.3%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
9 d early
2024
32 d early
2023
6 d early
2022
1 d early
← 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, micro schema
Equity
€64k▼ 58.1%
2024 · €153k
2022: €64k
2023: €117k
2024: €153k
2022 → 2025
Total assets
€205k▲ 31.0%
2024 · €157k
2022: €95k
2023: €138k
2024: €157k
2022 → 2025
Net result
€77k▲ 112%
2024 · €36k
2022: €62k
2023: €54k
2024: €36k
2022 → 2025
Working capital
€61k▼ 59.1%
2024 · €148k
2022: €64k
2023: €114k
2024: €148k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€64k-€117k▲ 82.5%€153k▲ 30.9%€64k▼ 58.1%
Operating result€86k-€69k▼ 19.8%€48k▼ 30.4%€102k▲ 112%
Net result€62k-€54k▼ 13.2%€36k▼ 32.7%€77k▲ 112%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 112% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€3k ▼ 26.4%
Current assets
€202k ▲ 32.7%
Equity and liabilities €205k
Equity
€64k ▼ 58.1%
Debt
€141k ▲ 3,803%
Debt's share of the balance-sheet total rises from 2.3% to 68.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €49k
Cash flow
€78k▲
2024 · €37k
Current ratio
1.43▼
2024 · 42.03
Debt to equity
2.20▲
2024 · 0.02
ROE
119.4%▲
2024 · 23.6%
ROA
37.3%▲
2024 · 23.1%
Interest coverage
14.84▼
2024 · 24.28
Debt ≤ 1 year
€141k▲
2024 · €4k
Income taxes
€20k▲
2024 · €10k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€157k€205k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€845€576▼
Current assets29/58€152k€202k▲
Amounts receivable within one year40/41€1k-
Other amounts receivable41€1k-
Current investments50/53€60k-
Cash at bank and in hand54/58€64k€173k▲
Deferred charges and accrued income490/1€27k€28k▲
Equity and liabilities
Total equity and liabilities10/49€157k€205k▲
Equity10/15€153k€64k▼
Contributions10/11€3k€3k=
Reserves13€61k€61k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€89k€2▼
Amounts payable17/49€4k€141k▲
Amounts payable within one year42/48€4k€141k▲
Trade debts44€1k€64▼
Suppliers440/4€1k€64▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€104€138k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€64€66▲
Gross operating margin9900€49k€104k▲
Operating profit (loss)9901€48k€102k▲
Financial income75/76B€11€1k▲
Recurring financial income75€11€1k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€46k€97k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€36k€77k▲
Profit (loss) for the period to be appropriated9905€36k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€166k▲
Profit (loss) brought forward from the previous period14P€53k€89k▲
Profit to be distributed694/7-€166k
Return on contributions (dividend)694-€166k
The notes to these accounts (4 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €77k ▲112%
Operating result €102k, net result €77k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €36k ▼32.7%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 42.03
Current ratio from 6.31 to 42.03; short-term debt falls from €21k to €4k.
31-12
Financial
Equity above €150kEq €153k ▲30.9%
3 profitable years in a row build equity to €153k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.31
Current ratio from 3.06 to 6.31; short-term debt falls from €31k to €21k.
31-12
Financial
Equity above €100kEq €117k ▲82.5%
2 profitable years in a row build equity to €117k.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Herve · 1 establishment unit since 2022
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.
Voie des Glaneurs 74653 HerveGround area
1,181 m²
Building footprint
279 m²
Volume, LiDAR
2,069 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Charneux 56, 4651 Herve
since 20222.326.833.426
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63010B0206/00V000 | Wallonia | 724 m² | 1 · 193 m² | 10.3 m · 3 fl. |
| 63006D0267/00P002 | Wallonia | 457 m² | 1 · 86 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DENTISTE ALLARD AUDREY
BE 0633.800.473
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DUDE'S TEETH
BE 0552.507.347
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ORTHODONTIE DENAYER
BE 1027.471.708
Walcourt · Eq €64,230
MGCD
BE 0759.458.629
Huy · Eq €64,250
CABINET DENTAIRE CHRISTOPHE STALS
BE 0694.606.013
Aywaille · Eq €64,271
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,308 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
Founded21-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.