Consultancy Engineering William Smet
ActiveConsultancy Engineering William Smet has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €45k. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.9 against 7.4 in 2024; short-term debt: 8.9% and cash: 61.5% of total assets), and 8.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
91.1%
Return on assets
27.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
65 d early
2023
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€147k▲ 44.2%
2024 · €102k
2023: €56k
2024: €102k
2023 → 2025
Total assets
€161k▲ 37.2%
2024 · €118k
2023: €85k
2024: €118k
2023 → 2025
Net result
€45k▼ 2.3%
2024 · €46k
2023: €53k
2024: €46k
2023 → 2025
Working capital
€142k▲ 41.8%
2024 · €100k
2023: €53k
2024: €100k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€56k-€102k▲ 82.7%€147k▲ 44.2%
Operating result€69k-€60k▼ 12.7%€74k▲ 22.9%
Net result€53k-€46k▼ 13.4%€45k▼ 2.3%
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 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€4k▲ 222%
Current assets
€157k▲ 35.0%
Equity and liabilities €161k
Equity
€147k▲ 44.2%
Debt
€14k▼ 8.4%
The debt ratio falls from 13.4% to 8.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▲
2024 · €61k
Cash flow
€47k▼
2024 · €47k
Solvency
91.1%▲
2024 · 86.6%
Current ratio
10.90▲
2024 · 7.40
Quick ratio
10.90▲
2024 · 7.40
Debt / equity
0.10▼
2024 · 0.15
ROE
30.7%▼
2024 · 45.3%
ROA
27.9%▼
2024 · 39.2%
Interest coverage
4.43▼
2024 · 32.25
Debt
€14k▼
2024 · €16k
Debt ≤ 1 year
€14k▼
2024 · €16k
Income taxes
€12k▼
2024 · €12k
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€118k€161k▲
Fixed assets21/28€1k€4k▲
Intangible fixed assets21€325€225▼
Tangible fixed assets22/27€1k€4k▲
Furniture and vehicles24€1k€3k▲
Other tangible fixed assets26-€1k
Current assets29/58€116k€157k▲
Amounts receivable within one year40/41€40k€30k▼
Trade receivables40€40k€30k▼
Current investments50/53€12k€25k▲
Cash at bank and in hand54/58€59k€99k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€118k€161k▲
Equity10/15€102k€147k▲
Contributions10/11€3k€3k=
Reserves13€99k€143k▲
Distributable reserves133€99k€143k▲
Profit (loss) carried forward14€99€2k▲
Amounts payable17/49€16k€14k▼
Amounts payable within one year42/48€16k€14k▼
Trade debts44€710-
Suppliers440/4€710-
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€11k€13k▲
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€933€2k▲
Other operating charges640/8€486€781▲
Gross operating margin9900€61k€76k▲
Operating profit (loss)9901€60k€74k▲
Financial income75/76B-€184
Recurring financial income75-€184
Financial charges65/66B€2k€17k▲
Recurring financial charges65€2k€17k▲
Profit (loss) for the period before taxes9903€58k€57k▼
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€46k€45k▼
Profit (loss) for the period to be appropriated9905€46k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€45k▼
Profit (loss) brought forward from the previous period14P€248€99▼
Transfer to equity691/2€46k€43k▼
To other reserves6921€46k€43k▼
The notes to these accounts (8 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €45k ▼2.3%
Net result drops to €45k, the lowest in the series.
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 7.40
Current ratio from 2.83 to 7.40; short-term debt falls from €29k to €16k.
30-09
Financial
Equity above €100kEq €102k ▲82.7%
2 profitable years in a row build equity to €102k.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lint · 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.
Reynaertshof 362547 LintGround area
501 m²
Building footprint
132 m²
Volume, LiDAR
602 m³
Parcel 11025D0039/00C002, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Consultancy Engineering William Smet
since 20222.338.756.805
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0039/00C002 | Flanders | 501 m² | 1 · 132 m² | 8.7 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500E8662C7C37F398
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Vision Engineering
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EXPERTISEBUREAU MINGNEAU
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 5,232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2022
Fiscal year end30-09
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.