SMART CABLING SYSTEMS
ActiveSMART CABLING SYSTEMS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €85. Equity is shrinking by ~13.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 35% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy▲ +37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▲+1
Solvency40▲+14
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.23 in 2024), and 77.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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 →
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
22.5%
Return on assets
0%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-02-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
79 d early
2023
85 d early
2022
83 d early
2021
82 d early
2020
81 d early
2019
80 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 0.2%
2024 · €51k
2018: €211k
2019: €211k
2020: €199k
2021: €184k
2022: €194k
2023: €59k
2024: €51k
2018 → 2025
Total assets
€227k▼ 33.6%
2024 · €342k
2018: €315k
2019: €322k
2020: €296k
2021: €296k
2022: €298k
2023: €341k
2024: €342k
2018 → 2025
Net result
€85
2024 · €-8k
2018: €1k
2019: €470
2020: €-12k
2021: €-16k
2022: €10k
2023: €27k
2024: €-8k
2018 → 2025
Working capital
€58k▼ 3.3%
2024 · €60k
2018: €185k
2019: €193k
2020: €189k
2021: €173k
2022: €176k
2023: €74k
2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€194k▲ 5.5%€59k▼ 69.4%€51k▼ 14.1%€51k▲ 0.2%
Operating result€-13k-€9k€28k▲ 223%€-8k€262
Net result€-16k-€10k€27k▲ 169%€-8k€85
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €262 after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227k
Fixed assets
€25k▲ 9.2%
Current assets
€202k▼ 36.6%
Equity and liabilities €227k
Equity
€51k▲ 0.2%
Debt
€176k▼ 39.5%
The debt ratio falls from 85.1% to 77.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€5k▲
2024 · €-5k
Cash flow
€5k▲
2024 · €-5k
Solvency
22.5%▲
2024 · 14.9%
Current ratio
1.40▲
2024 · 1.23
Quick ratio
1.05▼
2024 · 1.05
Debt / equity
3.45▼
2024 · 5.72
ROE
0.2%▲
2024 · -16.4%
ROA
0.0%▲
2024 · -2.4%
Interest coverage
2.36▲
2024 · -2.59
Debt
€176k▼
2024 · €291k
Debt ≤ 1 year
€144k▼
2024 · €259k
Debt > 1 year
€30k=
2024 · €30k
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€342k€227k▼
Fixed assets21/28€23k€25k▲
Tangible fixed assets22/27€23k€25k▲
Plant, machinery and equipment23€9k€15k▲
Furniture and vehicles24€13k€10k▼
Current assets29/58€319k€202k▼
Stocks and contracts in progress3€46k€51k▲
Stocks30/36€46k€51k▲
Amounts receivable within one year40/41€70k€22k▼
Trade receivables40€64k€16k▼
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€201k€128k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€342k€227k▼
Equity10/15€51k€51k▲
Contributions10/11€6k€6k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€41k€41k▲
Amounts payable17/49€291k€176k▼
Amounts payable after more than one year17€30k€30k=
Financial debts170/4€30k€30k=
Amounts payable within one year42/48€259k€144k▼
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48€243k€137k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€847€871▲
Gross operating margin9900€-4k€6k▲
Operating profit (loss)9901€-8k€262▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-8k€85▲
Profit (loss) for the period9904€-8k€85▲
Profit (loss) for the period to be appropriated9905€-8k€85▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€41k▲
Profit (loss) brought forward from the previous period14P€50k€41k▼
The notes to these accounts (6 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
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €85
Net result €85 after one loss-making year.
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €27k ▲169%
Operating result €28k, net result €27k, both a record.
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-02
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
2 acts for this company are 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, Tielt · 1 establishment unit since 2007
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.
Appelstraat 358700 TieltGround area
1,261 m²
Building footprint
260 m²
Volume, LiDAR
1,165 m³
Parcel 37001D0359/00P000, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SMART CABLING SYSTEMS
since 20072.166.078.294
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37001D0359/00P000 | Flanders | 1,261 m² | 1 · 260 m² | 9.3 m · 1 fl. |
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.
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CONTACT BELGIUM
BE 0844.414.395
Harelbeke · Eq €52k
Of 1,070 companies in sector 46140 we hold annual accounts for 640. 450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2007
Fiscal year end30-09
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.