SMARD
ActiveSummary
SMARD has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,250 and a net result of €38,056. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
#4 company by equity in Beerse, Telecoms and IT sector1 site
How big
€316,067total assets 2025
- Equity
- €278,250
- Profit
- €38,056
Turnover not published (abridged schema)
Who decides
Accounts filed 26 d late0 of 3 deeds read
Why 97+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Long track recordA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 7.71 against 6.44 in 2024; short-term debt: 12% and cash: 46.9% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
88%
Return on assets
12%
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 · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
9 d early
2023
21 d early
2022
27 d early
2021
47 d early
2020
39 d early
2019
16 d early
← 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 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed 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. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity triplescurrent ratio 6.44
Financials
Fiscal year 2025Total assets €316,067Profit €38,056Solvency 88.0%Liquidity 7.71
Total assets
€316,067▲ 12.2%
2018 - 2025
Net result
€38,056▲ 122%
2018 - 2025
Equity
€278,250▲ 15.8%
2018 - 2025
Solvency
88.0%▲ 2.8pp
2018 - 2025
Financials · fiscal year 2025, micro schema
In the rankings
#4 company by equity in Beerse, Telecoms and IT sector#8 company by total assets in Beerse, Telecoms and IT sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,100▼ 58.4%€1,548▼ 93.6%€24,891▲ 1,508%€29,314▲ 17.8%€52,731▲ 79.9%
Net result€5,258within the sector's middle half▼ 87.1%-€4,344below the sector's middle half€13,097within the sector's middle half€17,158within the sector's middle half▲ 31.0%€38,056within the sector's middle half▲ 122%
Equity€214,283above the sector's middle half▲ 2.5%€209,939above the sector's middle half▼ 2.0%€223,036above the sector's middle half▲ 6.2%€240,194above the sector's middle half▲ 7.7%€278,250above the sector's middle half▲ 15.8%
Total assets€305,634above the sector's middle half▲ 7.7%€295,653above the sector's middle half▼ 3.3%€367,142above the sector's middle half▲ 24.2%€281,672above the sector's middle half▼ 23.3%€316,067above the sector's middle half▲ 12.2%
Debt€91,351▲ 22.2%€85,714▼ 6.2%€144,106▲ 68.1%€41,477▼ 71.2%€37,817▼ 8.8%
Working capital€190,398above the sector's middle half▲ 5.8%€188,222above the sector's middle half▼ 1.1%€207,105above the sector's middle half▲ 10.0%€225,781above the sector's middle half▲ 9.0%€253,575above the sector's middle half▲ 12.3%
Solvency70.1%within the sector's middle half▼ 3.6pp71.0%within the sector's middle half▲ 0.9pp60.7%within the sector's middle half▼ 10.3pp85.3%above the sector's middle half▲ 24.5pp88.0%above the sector's middle half▲ 2.8pp
Current ratio3.14within the sector's middle half▼ 0.443.20within the sector's middle half▲ 0.062.44within the sector's middle half▼ 0.766.44above the sector's middle half▲ 4.017.71above the sector's middle half▲ 1.26
Return on assets (ROA)1.7%below the sector's middle half▼ 12.6pp-1.5%below the sector's middle half▼ 3.2pp3.6%below the sector's middle half▲ 5.0pp6.1%within the sector's middle half▲ 2.5pp12.0%within the sector's middle half▲ 5.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €316,067
Fixed assets
€24,675 ▲ 71.2%
Current assets
€291,392 ▲ 9.0%
Equity and liabilities €316,067
Equity
€278,250 ▲ 15.8%
Debt
€37,817 ▼ 8.8%
Debt's share of the balance-sheet total falls from 14.7% to 12.0%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€57,660▲
2024 · €35,502
Cash flow
€42,984▲
2024 · €23,346
Quick ratio
7.71▲
2024 · 6.44
Debt to equity
0.14▼
2024 · 0.17
ROE
13.7%▲
2024 · 7.1%
Interest coverage
62.99▲
2024 · 14.86
Debt ≤ 1 year
€37,817▼
2024 · €41,477
Income taxes
€20,963▲
2024 · €17,525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €200 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,935 | €8,172 | €8,179 | €6,188 | €4,929 | ▼ 20.3% |
| Other operating charges640/8 | €37,431 | €33,251 | €33,396 | €1,554 | €1,415 | ▼ 9.0% |
| Non-recurring operating charges66A | €1,771 | - | €291 | - | - | - |
| Gross operating margin9900 | €69,236 | €42,972 | €66,757 | €37,056 | €59,075 | ▲ 59.4% |
| Operating profit (loss)9901 | €24,100 | €1,548 | €24,891 | €29,314 | €52,731 | ▲ 79.9% |
| Financial income75/76B | €2,869 | €4,818 | €1,626 | €19,600 | €9,560 | ▼ 51.2% |
| Recurring financial income75 | €281 | €930 | €1,626 | €1,244 | €280 | ▼ 77.5% |
| Non-recurring financial income76B | €2,587 | €3,888 | - | €18,356 | €9,280 | ▼ 49.4% |
| Financial charges65/66B | €5,606 | €5,722 | €6,025 | €14,230 | €3,272 | ▼ 77.0% |
| Recurring financial charges65 | €4,807 | €5,722 | €6,025 | €2,390 | €915 | ▼ 61.7% |
| Non-recurring financial charges66B | €799 | - | - | €11,841 | €2,356 | ▼ 80.1% |
| Profit (loss) for the period before taxes9903 | €21,363 | €644 | €20,492 | €34,684 | €59,019 | ▲ 70.2% |
| Income taxes67/77 | €16,105 | €4,988 | €7,395 | €17,525 | €20,963 | ▲ 19.6% |
| Profit (loss) for the period9904 | €5,258 | -€4,344 | €13,097 | €17,158 | €38,056 | ▲ 122% |
| Transfer from tax-exempt reserves789 | €24,371 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €29,628 | -€4,344 | €13,097 | €17,158 | €38,056 | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €305,634 | €295,653 | €367,142 | €281,672 | €316,067 | ▲ 12.2% |
| Fixed assets21/28 | €26,243 | €21,717 | €15,931 | €14,413 | €24,675 | ▲ 71.2% |
| Tangible fixed assets22/27 | €26,243 | €21,717 | €15,931 | €14,413 | €24,675 | ▲ 71.2% |
| Land and buildings22 | €11,306 | €9,962 | €8,594 | €7,226 | €12,412 | ▲ 71.8% |
| Plant, machinery and equipment23 | €14,556 | €11,473 | €7,289 | €7,182 | €9,916 | ▲ 38.1% |
| Furniture and vehicles24 | €382 | €283 | €48 | €5 | €2,347 | ▲ 51,251% |
| Current assets29/58 | €279,391 | €273,936 | €351,210 | €267,259 | €291,392 | ▲ 9.0% |
| Stocks and contracts in progress3 | €6 | €6 | €6 | €6 | €6 | = |
| Stocks30/36 | €6 | €6 | €6 | €6 | €6 | = |
| Amounts receivable within one year40/41 | €47,040 | €30,464 | €64,329 | €25,214 | €40,916 | ▲ 62.3% |
| Trade receivables40 | €40,450 | €19,250 | €20,706 | €23,749 | €39,364 | ▲ 65.8% |
| Other amounts receivable41 | €6,590 | €11,214 | €43,623 | €1,465 | €1,552 | ▲ 5.9% |
| Current investments50/53 | €35,014 | €81,532 | €85,716 | €92,454 | €99,115 | ▲ 7.2% |
| Cash at bank and in hand54/58 | €192,182 | €152,908 | €196,679 | €144,769 | €148,344 | ▲ 2.5% |
| Deferred charges and accrued income490/1 | €5,150 | €9,025 | €4,481 | €4,816 | €3,011 | ▼ 37.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €305,634 | €295,653 | €367,142 | €281,672 | €316,067 | ▲ 12.2% |
| Equity10/15 | €214,283 | €209,939 | €223,036 | €240,194 | €278,250 | ▲ 15.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €105,241 | €105,241 | €118,338 | €135,496 | €173,552 | ▲ 28.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €103,381 | €103,381 | €118,338 | €135,496 | €173,552 | ▲ 28.1% |
| Profit (loss) carried forward14 | €102,842 | €98,498 | €98,498 | €98,498 | €98,498 | = |
| Amounts payable17/49 | €91,351 | €85,714 | €144,106 | €41,477 | €37,817 | ▼ 8.8% |
| Amounts payable after more than one year17 | €2,357 | - | - | - | - | - |
| Financial debts170/4 | €2,357 | - | - | - | - | - |
| Amounts payable within one year42/48 | €88,993 | €85,714 | €144,106 | €41,477 | €37,817 | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | €2,542 | €2,357 | - | - | - | - |
| Trade debts44 | €5,297 | €3,539 | €4,436 | €11,934 | €7,952 | ▼ 33.4% |
| Suppliers440/4 | €5,297 | €3,539 | €4,436 | €11,934 | €7,952 | ▼ 33.4% |
| Taxes, remuneration and social security45 | €13,270 | €15,820 | €52,839 | €18,948 | €29,865 | ▲ 57.6% |
| Taxes450/3 | €10,365 | €12,452 | €45,696 | €6,545 | €16,832 | ▲ 157% |
| Remuneration and social security454/9 | €2,905 | €3,368 | €7,143 | €12,403 | €13,033 | ▲ 5.1% |
| Other amounts payable47/48 | €67,884 | €63,998 | €86,831 | €10,596 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,258 | -€4,344 | €13,097 | €17,158 | €38,056 | ▲ 122% |
| + Depreciation and write-downs630 | €5,935 | €8,172 | €8,179 | €6,188 | €4,929 | ▼ 20.3% |
| Operating cash flow (approximation) | €11,193 | €3,828 | €21,276 | €23,346 | €42,984 | ▲ 84.1% |
| Investment in fixed assets (approximation) | - | -€3,647 | -€2,393 | -€4,670 | -€15,191 | ▼ 225% |
| Change in cash | - | -€39,273 | €43,771 | -€51,910 | €3,575 | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
QUANTUM LEAP DEVELOPMENT
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Grimbergen · Eq €278,260
TULFER CONSULTING
BE 0874.703.438
Antwerpen · Eq €278,298
MIMAS CONSULTING
BE 0418.510.062
Berlaar · Eq €278,415
UPSTREAM DATA
BE 0668.789.660
Antwerpen · Eq €278,071
ALTER LEAD
BE 0687.754.249
Watermaal-Bosvoorde · Eq €278,065
Of 30,028 companies in this sector we hold annual accounts for 18,402. 13,948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 26-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 6.44
Current ratio from 2.44 to 6.44; short-term debt falls from €144,106 to €41,477.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €13,097
Net result €13,097 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€4,344
Net result drops to -€4,344, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €40,746 ▲200%
Operating result €57,912, net result €40,746, both a record.
31-12
Financial
Equity above €200,000Eq €209,025 ▲24.2%
3 profitable years in a row build equity to €209,025.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €1181 register with a recognitionLEI issued
Flemish government
€118
awarded · 2025
LEI
active
894500JLSU8IIALPBM73
Subsidies and aid
Flemish government
2025 · 1 entry · €118 awarded · €118 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €118 | €118 |
Recognitions · licences · registrations
Legal Entity Identifier
894500JLSU8IIALPBM73
Company details
Private limited company · founded 12-01-2012Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded12-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842746193
Also
9925:BE0842746193
Registered
31-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Beerse · 1 establishment unit since 2012
Ground area
442 m²
Building footprint
115 m²
Volume, LiDAR
755 m³
Parcel 13004B0214/00C002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Smard
since 2012unit no. 2.206.467.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004B0214/00C002 | Flanders | 442 m² | 1 · 115 m² | 10.5 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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