JUST SMILING
ActiveSummary
JUST SMILING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424k and a net result of €168k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 2331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (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
Profitability70▼-19
Solvency63▼-29
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 4.68 in 2024; short-term debt: 41.1% and cash: 53.7% of total assets), and 61.8% 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
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 →
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
38.2%
Return on assets
15.1%
Age of the figures
9 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 31-08-2026, 31 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
31 d late
2024
26 d late
2023
61 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
20 d late
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€168k▼ 1.7%
2024 · €171k
2018: €15k
2019: €71k
2020: €89k
2021: €210k
2022: €183k
2023: €133k
2024: €171k
2018 → 2025
Working capital
€216k▼ 56.5%
2024 · €496k
2018: €143k
2019: €190k
2020: €153k
2021: €273k
2022: €429k
2023: €467k
2024: €496k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€436k-€588k▲ 35.0%€645k▲ 9.6%€714k▲ 10.7%€424k▼ 40.6%
Operating result€346k-€302k▼ 12.6%€220k▼ 27.2%€301k▲ 36.9%€335k▲ 11.3%
Net result€210k-€183k▼ 13.0%€133k▼ 27.4%€171k▲ 28.8%€168k▼ 1.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€438k ▲ 1.5%
Current assets
€672k ▲ 6.5%
Equity and liabilities €1.11M
Equity
€424k ▼ 40.6%
Debt
€686k ▲ 96.6%
Debt's share of the balance-sheet total rises from 32.8% to 61.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€393k▲
2024 · €358k
Cash flow
€225k▼
2024 · €227k
Current ratio
1.47▼
2024 · 4.68
Quick ratio
1.47▼
2024 · 4.67
Debt to equity
1.62▲
2024 · 0.49
ROE
39.6%▲
2024 · 23.9%
ROA
15.1%▼
2024 · 16.1%
Interest coverage
3.89▼
2024 · 7.17
Debt ≤ 1 year
€457k▲
2024 · €135k
Debt > 1 year
€222k▲
2024 · €208k
Income taxes
€67k▼
2024 · €82k
Staff costs
€99k▲
2024 · €73k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.11M▲
Fixed assets21/28€432k€438k▲
Tangible fixed assets22/27€432k€438k▲
Land and buildings22€367k€338k▼
Plant, machinery and equipment23€38k€31k▼
Furniture and vehicles24€21k€67k▲
Other tangible fixed assets26€5k€2k▼
Current assets29/58€631k€672k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€27k-
Trade receivables40€5k-
Other amounts receivable41€22k-
Current investments50/53-€60k
Cash at bank and in hand54/58€597k€596k▼
Deferred charges and accrued income490/1€6k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.11M▲
Equity10/15€714k€424k▼
Contributions10/11€6k€6k=
Reserves13€708k€418k▼
Distributable reserves133€708k€418k▼
Amounts payable17/49€349k€686k▲
Amounts payable after more than one year17€208k€222k▲
Financial debts170/4€208k€222k▲
Amounts payable within one year42/48€135k€457k▲
Current portion of amounts payable after more than one year42€34k€30k▼
Trade debts44€15k€15k▲
Suppliers440/4€15k€15k▲
Taxes, remuneration and social security45€86k€56k▼
Taxes450/3€63k€31k▼
Remuneration and social security454/9€23k€25k▲
Other amounts payable47/48€347€354k▲
Accrued charges and deferred income492/3€6k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€73k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Other operating charges640/8€550€469▼
Gross operating margin9900€431k€492k▲
Operating profit (loss)9901€301k€335k▲
Financial income75/76B€969€533▼
Recurring financial income75€969€533▼
Financial charges65/66B€50k€101k▲
Recurring financial charges65€50k€101k▲
Profit (loss) for the period before taxes9903€252k€235k▼
Income taxes67/77€82k€67k▼
Profit (loss) for the period9904€171k€168k▼
Profit (loss) for the period to be appropriated9905€171k€168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€273k€168k▼
Profit (loss) brought forward from the previous period14P€102k-
Transfer from equity791/2-€437k
Transfer to equity691/2€171k€148k▼
To other reserves6921€171k€148k▼
Profit to be distributed694/7€102k€457k▲
Return on contributions (dividend)694€102k€437k▲
Directors or managers695-€20k
Social balance
Average headcount (FTE)90872.32.6▲
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €588k ▲35%
5 profitable years in a row build equity to €588k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €210k ▲135%
Operating result €346k, net result €210k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
31-12
Financial
Equity above €200kEq €221k ▲46.9%
2 profitable years in a row build equity to €221k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Visé · 2 establishment units since 2011
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.
Rue de Mons 1524600 ViséGround area
2,340 m²
Building footprint
356 m²
Volume, LiDAR
863 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
GM Esthétique Dentaire
since 20112.195.422.180
GM Esthétique Dentaire
since 20112.248.996.567
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62108D0199/00P000 | Wallonia | 1,569 m² | 1 · 154 m² | 7.0 m · 2 fl. |
| 62813F0014/00L000 ProtectedSite or landscape |
Wallonia | 771 m² | 1 · 202 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
549300FP6INRWUNHEV90
Similar companies · same sector, comparable size
SCHMIT FREDERIC
BE 0874.475.883
Etterbeek · Eq €424,565
TSVD
BE 0825.293.024
Tervuren · Eq €424,618
VIRTAND
BE 0883.322.877
Brasschaat · Eq €424,892
HM Dental Care
BE 0823.512.974
Beersel · Eq €423,422
B. SMEERS
BE 0433.537.936
Bilzen-Hoeselt · Eq €423,421
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,570 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
Founded07-01-2011
Fiscal year end31-12
Abbreviation
JS
Activities, NACEBEL 2025
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.