Smart Mind
ActiveSmart Mind has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €39k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 2025 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-34
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 10.23 against 7.6 in 2024), and 10.4% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
89.6%
Return on assets
11.8%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 22-01-2026, 9 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
9 d early
2024
2 d early
2023
1 d early
2022
7 d early
2021
15 d late
2020
25 d late
2019
17 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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€295k▲ 14.8%
2024 · €257k
2019: €99k
2020: €76k
2021: €53k
2022: €117k
2023: €234k
2024: €257k
2019 → 2025
Total assets
€329k▲ 12.1%
2024 · €294k
2019: €114k
2020: €92k
2021: €64k
2022: €136k
2023: €287k
2024: €294k
2019 → 2025
Net result
€39k▼ 24.3%
2024 · €51k
2019: €-6k
2020: €-23k
2021: €-23k
2022: €64k
2023: €118k
2024: €51k
2019 → 2025
Working capital
€285k▲ 17.2%
2024 · €243k
2019: €13k
2020: €5k
2021: €-456
2022: €80k
2023: €210k
2024: €243k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€117k▲ 120%€234k▲ 101%€257k▲ 9.7%€295k▲ 14.8%
Operating result€-22k-€68k€156k▲ 130%€74k▼ 52.8%€59k▼ 20.2%
Net result€-23k-€64k€118k▲ 85.1%€51k▼ 56.4%€39k▼ 24.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€14k▼ 1.4%
Current assets
€315k▲ 12.8%
Equity and liabilities €329k
Equity
€295k▲ 14.8%
Debt
€34k▼ 6.6%
The debt ratio falls from 12.5% to 10.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€63k▼
2024 · €88k
Cash flow
€43k▼
2024 · €66k
Solvency
89.6%▲
2024 · 87.5%
Current ratio
10.23▲
2024 · 7.60
Quick ratio
10.00▲
2024 · 7.48
Debt / equity
0.12▼
2024 · 0.14
ROE
13.2%▼
2024 · 20.0%
ROA
11.8%▼
2024 · 17.5%
Interest coverage
15.17▼
2024 · 29.24
Debt
€34k▼
2024 · €37k
Debt ≤ 1 year
€31k▼
2024 · €37k
Income taxes
€16k▼
2024 · €21k
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€294k€329k▲
Fixed assets21/28€14k€14k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€6k€6k▼
Current assets29/58€280k€315k▲
Amounts receivable after more than one year29€5k€4k▼
Other amounts receivable291€5k€4k▼
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€7k▲
Amounts receivable within one year40/41€96k€65k▼
Trade receivables40€75k€61k▼
Other amounts receivable41€21k€5k▼
Cash at bank and in hand54/58€171k€239k▲
Deferred charges and accrued income490/1€4k€319▼
Equity and liabilities
Total equity and liabilities10/49€294k€329k▲
Equity10/15€257k€295k▲
Contributions10/11€105k€105k=
Reserves13€151k€189k▲
Distributable reserves133€151k€189k▲
Profit (loss) carried forward14€476€482▲
Amounts payable17/49€37k€34k▼
Amounts payable within one year42/48€37k€31k▼
Financial debts43€104-
Credit institutions430/8€104-
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€21k€28k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Non-recurring operating income76A-€227
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€5k▼
Other operating charges640/8€659€1k▲
Gross operating margin9900€89k€65k▼
Operating profit (loss)9901€74k€59k▼
Financial income75/76B€2k€513▼
Recurring financial income75€2k€513▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€3k€4k▲
Non-recurring financial charges66B€493€73▼
Profit (loss) for the period before taxes9903€72k€55k▼
Income taxes67/77€21k€16k▼
Profit (loss) for the period9904€51k€39k▼
Profit (loss) for the period to be appropriated9905€51k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€39k▼
Profit (loss) brought forward from the previous period14P€473€476▲
Transfer to equity691/2€50k€38k▼
To other reserves6921€50k€38k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (9 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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €118k ▲85.1%
Operating result €156k, net result €118k, both a record.
30-06
Financial
Equity above €200kEq €234k ▲101%
2 profitable years in a row build equity to €234k.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €64k
Net result €64k after 3 loss-making years.
30-06
Financial
Liquidity times 6current ratio 5.70
Current ratio from 0.94 to 5.70.
30-06
Financial
Equity above €100kEq €117k ▲120%
Equity rises from €53k to €117k.
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-06
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Affligem · 1 establishment unit since 2018
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.
Oudebaan 1541790 AffligemGround area
733 m²
Building footprint
160 m²
Volume, LiDAR
694 m³
Parcel 23030C0159/00M002, Flanders · tallest building 18.1 m. Linked by address, not a title deed.
1 establishment unit
SMART MIND
since 20182.277.461.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030C0159/00M002 | Flanders | 733 m² | 1 · 159 m² | 18.1 m |
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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Of 13,474 companies in sector 85510 we hold annual accounts for 714. 337 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2018
Fiscal year end30-06
Activities, NACEBEL
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.