SMART SYMBOLS
ActiveSummary
SMART SYMBOLS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-219k) and a net result of €-113k. Equity is shrinking by ~119.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.35 in 2023; short-term debt: 51.8% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-102.7%
Return on assets
-53.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-219k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
104 d late
2022
102 d late
2021
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-219k▼ 108%
2023 · €-105k
2021: €34k
2022: €-24k
2023: €-105k
2021 → 2024
Total assets
€213k▲ 30.7%
2023 · €163k
2021: €41k
2022: €27k
2023: €163k
2021 → 2024
Net result
€-113k▼ 6.6%
2023 · €-106k
2021: €-36k
2022: €-58k
2023: €-106k
2021 → 2024
Working capital
€-96k▼ 44.3%
2023 · €-67k
2021: €34k
2022: €-41k
2023: €-67k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€34k-€-24k€-105k▼ 341%€-219k▼ 108%
Operating result€-36k-€-58k▼ 58.9%€-104k▼ 80.4%€-100k▲ 3.5%
Net result€-36k-€-58k▼ 59.2%€-106k▼ 84.6%€-113k▼ 6.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €100k in 2024 against €104k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €213k
Fixed assets
€199k ▲ 55.8%
Current assets
€14k ▼ 60.1%
Key figures and ratios
EBITDA
€-82k▲
2023 · €-97k
Cash flow
€-96k▲
2023 · €-100k
Solvency
-102.7%▼
2023 · -64.5%
Current ratio
0.13▼
2023 · 0.35
Debt to equity
-1.97▲
2023 · -2.55
ROA
-53.3%▲
2023 · -65.3%
Interest coverage
-6.17▲
2023 · -34.66
Debt
€431k▲
2023 · €268k
Debt ≤ 1 year
€110k▲
2023 · €102k
Debt > 1 year
€310k▲
2023 · €165k
Income taxes
€0▼
2023 · €0
Staff costs
€49k▲
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€163k€213k▲
Fixed assets21/28€128k€199k▲
Intangible fixed assets21€128k€199k▲
Current assets29/58€35k€14k▼
Amounts receivable within one year40/41€7k€7k▼
Trade receivables40€5k€5k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€28k€2▼
Deferred charges and accrued income490/1€257€7k▲
Equity and liabilities
Total equity and liabilities10/49€163k€213k▲
Equity10/15€-105k€-219k▼
Contributions10/11€95k€95k=
Profit (loss) carried forward14€-200k€-314k▼
Amounts payable17/49€268k€431k▲
Amounts payable after more than one year17€165k€310k▲
Financial debts170/4€165k€310k▲
Amounts payable within one year42/48€102k€110k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€89k€83k▼
Suppliers440/4€89k€83k▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€556€1k▲
Remuneration and social security454/9€8k€12k▲
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€620€11k▲
Income statement
Code20232024
Remuneration, social security and pensions62€33k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€18k▲
Other operating charges640/8€524€810▲
Gross operating margin9900€-63k€-33k▲
Operating profit (loss)9901€-104k€-100k▲
Financial income75/76B€198€43▼
Recurring financial income75€198€43▼
Financial charges65/66B€3k€13k▲
Recurring financial charges65€3k€13k▲
Profit (loss) for the period before taxes9903€-106k€-113k▼
Income taxes67/77€0€0▼
Profit (loss) for the period9904€-106k€-113k▼
Profit (loss) for the period to be appropriated9905€-106k€-113k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-200k€-314k▼
Profit (loss) brought forward from the previous period14P€-94k€-200k▼
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
2026
18-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 25-07-2026
- Registered-office move, Gemeenhof(Heu) 32, 8501 Kortrijk
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-113k
Net result drops to €-113k, the lowest in the series.
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 102 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2020
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.
Gemeenhof(Heu) 328501 KortrijkGround area
1,123 m²
Building footprint
305 m²
Volume, LiDAR
1,144 m³
Parcel 34016A0208/00F000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SMART SYMBOLS
since 20202.314.354.771
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016A0208/00F000 | Flanders | 1,123 m² | 1 · 305 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 326,367 EUR awarded · 253,879 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 267,151 EUR | 194,663 EUR |
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
| 2023 | 2 | 0 EUR | 25,216 EUR |
| 2022 | 2 | 50,216 EUR | 25,000 EUR |
Schemes
Ontwikkelingsproject
Innovatieve starterssteun
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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BE 1006.974.123
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Alfapay
BE 0842.647.215
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QBcle
BE 0736.462.503
Chaumont-Gistoux · Eq €33,711
FABERGAST
BE 0778.976.217
Oudergem · Eq €33,922
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63920Other information service activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.