Smans
ActiveSmans has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.16M and a net result of €725k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 4812 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
85
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-29
Solvency92▼-6
Growth36▼-27
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.36 in 2024), but 51% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
49%
Return on assets
6.9%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
18 d early
2023
19 d early
2022
27 d early
2021
54 d early
2020
55 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.76M▼ 17.0%
2024 · €17.79M
2023: €17.83M
2024: €17.79M
2023 → 2025
EBIT margin
6.9%▼ 7.2pp
2024 · 14.1%
2023: 20.7%
2024: 14.1%
2023 → 2025
Net result
€725k▼ 61.3%
2024 · €1.87M
2019: €891k
2021: €1.57M
2022: €1.72M
2023: €2.74M
2024: €1.87M
2019 → 2025
Working capital
€4.59M▼ 11.7%
2024 · €5.20M
2019: €1.59M
2021: €1.79M
2022: €2.37M
2023: €4.48M
2024: €5.20M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.83M€17.79M▼ 0.2%€14.76M▼ 17.0%
Equity€2.47M-€3.16M▲ 27.6%€5.09M▲ 61.4%€5.94M▲ 16.5%€5.16M▼ 13.1%
Operating result€2.12M-€2.31M▲ 8.8%€3.69M▲ 59.6%€2.51M▼ 31.8%€1.02M▼ 59.4%
Net result€1.57M-€1.72M▲ 9.4%€2.74M▲ 59.1%€1.87M▼ 31.6%€725k▼ 61.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.53M
Fixed assets
€723k▼ 24.9%
Current assets
€9.80M▲ 8.6%
Equity and liabilities €10.53M
Equity
€5.16M▼ 13.1%
Debt
€5.37M▲ 32.3%
The debt ratio rises from 40.6% to 51.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1.39M▼
2024 · €2.78M
Cash flow
€1.09M▼
2024 · €2.14M
Solvency
49.0%▼
2024 · 59.4%
Current ratio
1.88▼
2024 · 2.36
Quick ratio
1.09▼
2024 · 1.26
Debt / equity
1.04▲
2024 · 0.68
ROE
14.0%▼
2024 · 31.5%
ROA
6.9%▼
2024 · 18.7%
Interest coverage
83.11▼
2024 · 188.17
Debt
€5.37M▲
2024 · €4.06M
Debt ≤ 1 year
€5.22M▲
2024 · €3.83M
Debt > 1 year
€149k▼
2024 · €222k
Income taxes
€288k▼
2024 · €654k
Staff costs
€2.17M▲
2024 · €1.87M
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€9.99M€10.53M▲
Fixed assets21/28€962k€723k▼
Intangible fixed assets21€311k€148k▼
Tangible fixed assets22/27€648k€571k▼
Plant, machinery and equipment23€91k€69k▼
Furniture and vehicles24€507k€464k▼
Other tangible fixed assets26€49k€38k▼
Financial fixed assets28€4k€4k=
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€9.03M€9.80M▲
Stocks and contracts in progress3€4.19M€4.13M▼
Stocks30/36€4.19M€4.13M▼
Goods purchased for resale34€4.19M€4.13M▼
Amounts receivable within one year40/41€2.43M€2.17M▼
Trade receivables40€2.22M€2.15M▼
Other amounts receivable41€207k€20k▼
Cash at bank and in hand54/58€2.37M€3.45M▲
Deferred charges and accrued income490/1€42k€46k▲
Equity and liabilities
Total equity and liabilities10/49€9.99M€10.53M▲
Equity10/15€5.94M€5.16M▼
Contributions10/11€237k€237k=
Capital10€232k€232k=
Issued capital100€232k€232k=
Outside capital11€5k€5k=
Share premium1100/10€5k€5k=
Reserves13€5.70M€4.92M▼
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Distributable reserves133€5.67M€4.89M▼
Amounts payable17/49€4.06M€5.37M▲
Amounts payable after more than one year17€222k€149k▼
Financial debts170/4€222k€149k▼
Credit institutions173€222k€149k▼
Amounts payable within one year42/48€3.83M€5.22M▲
Current portion of amounts payable after more than one year42€289k€216k▼
Trade debts44€2.23M€3.14M▲
Suppliers440/4€2.23M€3.14M▲
Taxes, remuneration and social security45€286k€360k▲
Taxes450/3€56k€106k▲
Remuneration and social security454/9€230k€254k▲
Other amounts payable47/48€1.03M€1.50M▲
Accrued charges and deferred income492/3-€62
Income statement
Code20242025
Operating income70/76A€17.96M€14.91M▼
Turnover70€17.79M€14.76M▼
Other operating income74€167k€150k▼
Operating charges60/66A€15.44M€13.89M▼
Goods for resale, raw materials and consumables60€11.05M€8.95M▼
Purchases600/8€10.47M€8.89M▼
Change in stocks: decrease (increase)609€575k€58k▼
Services and other goods61€2.22M€2.34M▲
Remuneration, social security and pensions62€1.87M€2.17M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270k€364k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€1k▼
Other operating charges640/8€26k€56k▲
Operating profit (loss)9901€2.51M€1.02M▼
Financial income75/76B€62k€30k▼
Recurring financial income75€62k€30k▼
Income from financial fixed assets750€33k-
Income from current assets751-€14k
Other financial income752/9€29k€16k▼
Financial charges65/66B€53k€39k▼
Recurring financial charges65€53k€39k▼
Debt charges650€15k€17k▲
Other financial charges652/9€38k€23k▼
Profit (loss) for the period before taxes9903€2.52M€1.01M▼
Income taxes67/77€654k€288k▼
Taxes670/3€654k€288k▼
Profit (loss) for the period9904€1.87M€725k▼
Profit (loss) for the period to be appropriated9905€1.87M€725k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.87M€725k▼
Transfer from equity791/2-€1.50M
From reserves792-€1.50M
Transfer to equity691/2€842k€725k▼
To other reserves6921€842k€725k▼
Profit to be distributed694/7€1.03M€1.50M▲
Return on contributions (dividend)694€1.00M€1.50M▲
Employees696€28k-
Social balance
Average headcount (FTE)908723.426.8▲
The notes to these accounts (48 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
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €725k ▼61.3%
Net result drops to €725k, the lowest in the series.
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €2.74M ▲59.1%
Operating result €3.69M, net result €2.74M, both a record.
30-06
Financial
Equity above €5MEq €5.09M ▲61.4%
4 profitable years in a row build equity to €5.09M.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €2MEq €2.47M ▲43.5%
2 profitable years in a row build equity to €2.47M.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (23015729). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Farmate BV
CurrentDirector · since 01-12-2022 · Legal entity · perm. rep.: Adriaan Vermaat
Nick Janssens BV
CurrentDirector · since 01-12-2022 · Legal entity · perm. rep.: Nick Janssens
SMART SMT & Wiring Equipment BV
CurrentDirector · since 01-12-2022 · Legal entity · perm. rep.: Jan Van Lieshout
01-12-2022
Farmate BV: Appointed as Director
01-12-2022
Nick Janssens BV: Appointed as Director
01-12-2022
SMART SMT & Wiring Equipment BV: Appointed as Director
01-12-2022
SMART SMT & Wiring Equipment BV: Appointed as Chair
01-12-2022
SMART SMT & Wiring Equipment BV: Appointed as Managing director
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 1998
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.
Bremheidelaan 82300 TurnhoutGround area
1,666 m²
Parcel 13452M0695/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
SMANS
since 19982.085.138.823
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0695/00L000 | Flanders | 1,666 m² | - | - |
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.
Similar companies · same sector, comparable size
European Metrology Systems
BE 0446.519.506
Herstal · Eq €5.14M
Schneider Electric Systems Belgium
BE 0402.043.323
Aartselaar · Eq €5.13M
MACRONIX EUROPE
BE 0466.731.930
Wemmel · Eq €5.19M
NORDSON BENELUX
BE 0402.092.714
Zaventem · Eq €5.27M
OASE
BE 0442.942.877
Opwijk · Eq €5.04M
Of 1,236 companies in sector 46643 we hold annual accounts for 944. 463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-01-1998
Fiscal year end30-06
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.