BELGASMART
ActiveBELGASMART has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314k and a net result of €91k. Equity is growing by ~71.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.11 against 3.01 in 2024), and 23.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
76.3%
Return on assets
22.2%
Age of the figures
8 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
64 d early
2023
96 d early
2022
23 d late
2021
31 d late
2020
44 d late
2019
31 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€314k▲ 41.0%
2024 · €222k
2018: €8k
2019: €8k
2020: €8k
2021: €62k
2022: €93k
2023: €132k
2024: €222k
2018 → 2025
Total assets
€411k▲ 23.6%
2024 · €333k
2018: €247k
2019: €255k
2020: €464k
2021: €208k
2022: €230k
2023: €248k
2024: €333k
2018 → 2025
Net result
€91k▲ 0.6%
2024 · €91k
2018: €107k
2019: €124k
2020: €137k
2021: €79k
2022: €49k
2023: €78k
2024: €91k
2018 → 2025
Working capital
€304k▲ 42.7%
2024 · €213k
2018: €6k
2019: €3k
2020: €-256k
2021: €42k
2022: €67k
2023: €116k
2024: €213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€93k▲ 50.4%€132k▲ 41.8%€222k▲ 68.9%€314k▲ 41.0%
Operating result€112k-€80k▼ 28.9%€111k▲ 38.9%€135k▲ 22.0%€130k▼ 3.7%
Net result€79k-€49k▼ 37.6%€78k▲ 58.2%€91k▲ 16.6%€91k▲ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411k
Fixed assets
€10k▼ 30.1%
Current assets
€401k▲ 26.0%
Equity and liabilities €411k
Equity
€314k▲ 41.0%
Debt
€98k▼ 11.6%
The debt ratio falls from 33.2% to 23.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€141k▼
2024 · €147k
Cash flow
€102k▼
2024 · €103k
Solvency
76.3%▲
2024 · 66.8%
Current ratio
4.11▲
2024 · 3.01
Quick ratio
4.11▲
2024 · 3.01
Debt / equity
0.31▼
2024 · 0.50
ROE
29.1%▼
2024 · 40.8%
ROA
22.2%▼
2024 · 27.3%
Interest coverage
86.06▼
2024 · 94.39
Debt
€98k▼
2024 · €110k
Debt ≤ 1 year
€98k▼
2024 · €106k
Income taxes
€40k▼
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€333k€411k▲
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€3k€6k▲
Leasing and similar rights25€8k€361▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€318k€401k▲
Amounts receivable within one year40/41€292k€354k▲
Trade receivables40€247k€287k▲
Other amounts receivable41€45k€67k▲
Cash at bank and in hand54/58€23k€43k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€333k€411k▲
Equity10/15€222k€314k▲
Contributions10/11€6k€6k=
Reserves13€216k€307k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€214k€306k▲
Amounts payable17/49€110k€98k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€106k€98k▼
Current portion of amounts payable after more than one year42€7k€5k▼
Financial debts43-€24k
Credit institutions430/8-€24k
Trade debts44€1k€603▼
Suppliers440/4€1k€603▼
Taxes, remuneration and social security45€98k€68k▼
Taxes450/3€98k€65k▼
Remuneration and social security454/9-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€677€685▲
Gross operating margin9900€148k€141k▼
Operating profit (loss)9901€135k€130k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€135k€131k▼
Income taxes67/77€44k€40k▼
Profit (loss) for the period9904€91k€91k▲
Profit (loss) for the period to be appropriated9905€91k€91k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€91k▲
Transfer to equity691/2€91k€91k▲
To other reserves6921€91k€91k▲
The notes to these accounts (7 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €222k ▲68.9%
7 profitable years in a row build equity to €222k.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €132k ▲41.8%
6 profitable years in a row build equity to €132k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €49k ▼37.6%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 1.30
Current ratio from 0.42 to 1.30; short-term debt falls from €444k to €138k.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
31-12
Financial
Highest result since 2018net €137k ▲10.6%
Operating result €181k, net result €137k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
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
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
09-12-2020
EGGERMONT Alexis: Resigned as Director
26-08-2014
Pierre Boël: Resigned as Gérant
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2019
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.
Langestraat 321150 Sint-Pieters-WoluweGround area
404 m²
Building footprint
247 m²
Volume, LiDAR
1,452 m³
2 parcels, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Belgasmart
since 20192.324.374.079
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0002/00W000 | Brussels | 221 m² | 1 · 86 m² | 12.5 m · 3 fl. |
| 21683D0036/00W000 | Brussels | 183 m² | 1 · 161 m² | 7.8 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
STUDIO SIERRA
BE 0785.805.611
Opwijk · Eq €314k
NEW PEARL TECHNOLOGIES
BE 0789.422.523
Martelange · Eq €314k
Shackleton
BE 0712.835.083
Tielt · Eq €314k
LMK
BE 0772.833.939
Ravels · Eq €314k
CDEL MANAGEMENT
BE 0773.863.129
Gent · Eq €314k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 37,760 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.