Equity
Make IT Smart paid out €61,522 in dividends. That is 74% of the 2025 profit.
Make IT Smart paid out €61,522 in dividends. That is 74% of the 2025 profit.
Three of the last ten came late. The 2019 accounts came latest: 12 days after the end of the period.
Higher net result than 94% of companies in retail trade. Sector median €5,052 · 22,922 companies.
In July 2024, 17,811 companies had the same profile as Make IT Smart has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,448 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 17,811 companies, not a prediction for Make IT Smart. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Make IT Smart Leuven | €478,258 | €160,858 | 60.5% | - |
| CAFFEINATED CONSULTING Tremelo | €467,058 | €121,900 | 61.6% | - |
| LS INFORMATION SERVICES Morlanwelz | €440,771 | €165,052 | 70.2% | - |
| E-Line KMO Wetteren | €543,139 | €133,325 | 47.3% | - |
| F&I INVEST Sombreffe | €577,208 | €160,252 | 23.8% | 0 |
| CYBIT Kortrijk | €508,547 | €134,465 | 31.4% | - |
| Verheeken Sint-Gillis-Waas | €451,876 | €127,629 | 65.2% | - |
These companies have the same main activity as Make IT Smart: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €441,000 and €577,000, founded between 2006 and 2010.
Make IT Smart files the micro format. That format states no turnover. The gross margin rose from €31,958 in 2009 to €160,858 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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