Financials
- Financial year
- 2025
- Total assets
- €32,976
- Profit
- €6,903
- Solvency
- -42.4%
SMAAAK
ActiveSummary
SMAAAK has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,977) and a net result of €6,903. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 9% of 4,314 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Interior design
NACE 74130
1 site
Size
€32,976total assets 2025
- Equity
- -€13,977
- Profit
- €6,903
Turnover not published (micro format)
Structure
2025 accounts 79 days early1 of 3 deeds summarised
Why 55raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€13,977lowers riskSize: total assets €32,976Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 74, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -42.4% of total assets
Liquidity
32-6
short-term debt 54.7% · cash 7.8%
Profitability
90+29
return on assets 20.9%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025lowest value
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 1.2%▲ +0.7 percentage points vs 01-2026
03-2026: 1.3%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026highest value
06-2026: 1.0%▼ -0.3 percentage points vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
No credit on open account
Liquidity ample (current ratio 1.83, compared with 2.44 in 2024, above the usual 1.5; short-term debt: 54.7% and cash: 7.8% of total assets), but equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro): better than 6% on solvency, 18% on liquidity, 66% on profitability and 73% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4314 sector peers (2025).
NBB · sector comparisonPosition among 4314 sector peers
Solvency
better than 9%
← weakest
strongest →
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 13-05-2026, 79 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
79 days early
2024
on the day
2023
40 days early
2022
4 days early
2021
30 days late
2020
20 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Permanent representative: Kristof NannanRegistered-office move
- Highest result from 2018 to 2025net €6,903 ▲109%
Key points
By topic
Timeline
- Events
- 15
- Since
- 2018
- Next accounts
- by 31-07-2027
- 31-07-2025Annual accounts filed
- 21-06-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Interior designNACE 74130
- Founded
- 23-06-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SMAAAK
- What is the company number of SMAAAK?
- 0656.910.427. In Belgium the VAT number is the company number with BE in front: BE 0656.910.427.
- Where is SMAAAK based?
- The registered office is at Predikherenstraat 42, 8000 Brugge.Company details
- What does SMAAAK do?
- According to the KBO register, the main activity is interior design (NACE 74130).
- What is the legal form of SMAAAK?
- Private limited company (pre-2019) (BVBA).
- When was SMAAAK founded?
- On 23-06-2016.
- Is SMAAAK still active?
- Yes, SMAAAK is an active enterprise in the KBO register.
- How many employees does SMAAAK have?
- On average 0.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of SMAAAK?
- €54,783 in financial year 2018, according to the filed annual accounts.
- Is SMAAAK profitable?
- In financial year 2025, SMAAAK made a profit of €6,903.
- Where can I find the annual accounts of SMAAAK?
- SMAAAK filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SMAAAK due?
- By 31-07-2027, for financial year 2026.Timeline
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