SMAL3
ActiveSummary
The computed 12-month bankruptcy probability of SMAL3 is 2.6% (moderate). The 2025 annual accounts show equity of €95,355 and a net result of €94,053. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+24
Solvency44▲+19
Growth78
Track record82
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.0 in 2024; short-term debt: 12.6% and cash: 7.6% of total assets), and 81% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
19%
Return on assets
18.7%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€95,355▲ 7,224%
2024 · €1,302
Total assets
€502,809▲ 7.9%
2024 · €465,951
Net result
€94,053
2024 · -€3,698
Working capital
-€25,515▲ 69.6%
2024 · -€84,008
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result-€1,720--€5,552▼ 223%
Net result-€3,698-€94,053
Equity€1,302-€95,355▲ 7,224%
Total assets€465,951-€502,809▲ 7.9%
Debt€464,649-€407,455▼ 12.3%
Working capital-€84,008--€25,515▲ 69.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,552 in 2025 against €1,720 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499,712
Fixed assets
€461,700 =
Current assets
€38,012 ▲ 14,017%
Equity and liabilities €502,809
Equity
€95,355 ▲ 7,224%
Debt
€407,455 ▼ 12.3%
Debt's share of the balance-sheet total falls from 99.7% to 81.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€4,667▼
2024 · -€1,277
Cash flow
€94,938▲
2024 · -€3,255
Current ratio
0.60▲
2024 · 0.00
Debt to equity
4.27
ROE
98.6%▲
2024 · -284.0%
ROA
18.7%▲
2024 · -0.8%
Interest coverage
-0.30▲
2024 · -0.65
Debt ≤ 1 year
€63,528▼
2024 · €84,277
Debt > 1 year
€343,927▼
2024 · €380,373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €443 | €885 | ▲ 99.8% |
| Other operating charges640/8 | €493 | €554 | ▲ 12.4% |
| Gross operating margin9900 | -€785 | -€4,114 | ▼ 424% |
| Operating profit (loss)9901 | -€1,720 | -€5,552 | ▼ 223% |
| Financial income75/76B | - | €115,000 | - |
| Recurring financial income75 | - | €115,000 | - |
| Financial charges65/66B | €1,978 | €15,395 | ▲ 678% |
| Recurring financial charges65 | €1,978 | €15,395 | ▲ 678% |
| Profit (loss) for the period before taxes9903 | -€3,698 | €94,053 | ▲ 2,643% |
| Profit (loss) for the period9904 | -€3,698 | €94,053 | ▲ 2,643% |
| Profit (loss) for the period to be appropriated9905 | -€3,698 | €94,053 | ▲ 2,643% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €465,951 | €502,809 | ▲ 7.9% |
| Formation expenses20 | €3,982 | €3,097 | ▼ 22.2% |
| Fixed assets21/28 | €461,700 | €461,700 | = |
| Financial fixed assets28 | €461,700 | €461,700 | = |
| Current assets29/58 | €269 | €38,012 | ▲ 14,017% |
| Cash at bank and in hand54/58 | €269 | €38,012 | ▲ 14,017% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €465,951 | €502,809 | ▲ 7.9% |
| Equity10/15 | €1,302 | €95,355 | ▲ 7,224% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€3,698 | €90,355 | ▲ 2,543% |
| Amounts payable17/49 | €464,649 | €407,455 | ▼ 12.3% |
| Amounts payable after more than one year17 | €380,373 | €343,927 | ▼ 9.6% |
| Financial debts170/4 | €380,373 | €343,927 | ▼ 9.6% |
| Amounts payable within one year42/48 | €84,277 | €63,528 | ▼ 24.6% |
| Current portion of amounts payable after more than one year42 | €35,157 | €36,446 | ▲ 3.7% |
| Trade debts44 | €387 | €0 | ▼ 100% |
| Suppliers440/4 | €387 | €0 | ▼ 100% |
| Other amounts payable47/48 | €48,732 | €27,082 | ▼ 44.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,698 | €94,053 | ▲ 2,643% |
| + Depreciation and write-downs630 | €443 | €885 | ▲ 99.8% |
| Operating cash flow (approximation) | -€3,255 | €94,938 | ▲ 3,017% |
| Investment in fixed assets (approximation) | - | -€885 | - |
| Change in cash | - | €37,743 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €94,053
Net result €94,053 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lanaken · 1 establishment unit since 2024
Ground area
1,010 m²
Building footprint
336 m²
Volume, LiDAR
2,115 m³
Parcel 73064B1507/00A000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SMAL3
since 20242.360.144.018
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73064B1507/00A000 | Flanders | 1,010 m² | 1 · 336 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
24.93%
According to the 2025 annual accounts of SMAL3 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:1009877490
Also
9925:BE1009877490
Registered
04-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.