SMART VISION
ActiveSummary
SMART VISION has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,461 and a net result of €53,346. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+12
Solvency62▼-12
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.53 in 2024; short-term debt: 62.4% and cash: 43.2% of total assets), and 63.2% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
36.8%
Return on assets
31.9%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €61,461
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 26-01-2026, 5 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
5 d early
2024
1 d early
2023
5 d early
2022
36 d early
2021
7 d early
2020
40 d early
2019
4 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 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€61,461▲ 3.1%
2024 · €59,615
Total assets
€167,056▲ 38.5%
2024 · €120,585
Net result
€53,346▲ 195%
2024 · €18,091
Working capital
€40,868▲ 29.1%
2024 · €31,665
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,838▼ 84.4%€29,552▲ 277%€50,107▲ 69.6%€18,367▼ 63.3%€68,325▲ 272%
Net result€2,363within the sector's middle half▼ 93.8%-€25,516below the sector's middle half-€17,994below the sector's middle half▲ 29.5%€18,091within the sector's middle half€53,346within the sector's middle half▲ 195%
Equity€91,235within the sector's middle half▲ 2.7%€71,918within the sector's middle half▼ 21.2%€41,525within the sector's middle half▼ 42.3%€59,615within the sector's middle half▲ 43.6%€61,461within the sector's middle half▲ 3.1%
Total assets€112,607within the sector's middle half▼ 8.3%€127,569within the sector's middle half▲ 13.3%€93,412within the sector's middle half▼ 26.8%€120,585within the sector's middle half▲ 29.1%€167,056within the sector's middle half▲ 38.5%
Debt€21,372▼ 37.0%€55,651▲ 160%€51,887▼ 6.8%€60,970▲ 17.5%€105,595▲ 73.2%
Working capital€65,626▲ 8.0%€51,463▼ 21.6%€25,516▼ 50.4%€31,665▲ 24.1%€40,868▲ 29.1%
Solvency81.0%above the sector's middle half▲ 8.6pp56.4%within the sector's middle half▼ 24.6pp44.5%within the sector's middle half▼ 11.9pp49.4%within the sector's middle half▲ 5.0pp36.8%within the sector's middle half▼ 12.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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 per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 272% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167,056
Fixed assets
€21,926 ▼ 23.9%
Current assets
€145,130 ▲ 58.1%
Equity and liabilities €167,056
Equity
€61,461 ▲ 3.1%
Debt
€105,595 ▲ 73.2%
Debt's share of the balance-sheet total rises from 50.6% to 63.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76,181▲
2024 · €26,276
Cash flow
€61,202▲
2024 · €26,000
Current ratio
1.39▼
2024 · 1.53
Debt to equity
1.72▲
2024 · 1.02
ROE
86.8%▲
2024 · 30.3%
ROA
31.9%▲
2024 · 15.0%
Interest coverage
284.96▲
2024 · 191.63
Debt ≤ 1 year
€104,262▲
2024 · €60,112
Income taxes
€14,720▲
2024 · €139
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,324 | €7,375 | €7,895 | €7,910 | €7,856 | ▼ 0.7% |
| Other operating charges640/8 | - | €763 | €501 | €863 | €466 | ▼ 46.0% |
| Gross operating margin9900 | €15,813 | €37,690 | €58,503 | €27,139 | €76,647 | ▲ 182% |
| Operating profit (loss)9901 | €7,838 | €29,552 | €50,107 | €18,367 | €68,325 | ▲ 272% |
| Financial income75/76B | - | €1 | €65 | - | €8 | - |
| Recurring financial income75 | - | €1 | €65 | - | €8 | - |
| Financial charges65/66B | - | €54,909 | €68,002 | €137 | €267 | ▲ 95.0% |
| Recurring financial charges65 | €121 | €54,909 | €68,002 | €137 | €267 | ▲ 95.0% |
| Profit (loss) for the period before taxes9903 | €7,718 | -€25,355 | -€17,829 | €18,229 | €68,065 | ▲ 273% |
| Income taxes67/77 | €5,355 | €161 | €165 | €139 | €14,720 | ▲ 10,506% |
| Profit (loss) for the period9904 | €2,363 | -€25,516 | -€17,994 | €18,091 | €53,346 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €17,088 | -€25,516 | -€17,994 | €18,091 | €53,346 | ▲ 195% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,607 | €127,569 | €93,412 | €120,585 | €167,056 | ▲ 38.5% |
| Fixed assets21/28 | €25,957 | €21,023 | €16,393 | €28,808 | €21,926 | ▼ 23.9% |
| Tangible fixed assets22/27 | €25,957 | €21,023 | €16,393 | €18,815 | €11,933 | ▼ 36.6% |
| Plant, machinery and equipment23 | - | - | - | €344 | €309 | ▼ 10.3% |
| Furniture and vehicles24 | - | €4,183 | €4,406 | €11,336 | €7,122 | ▼ 37.2% |
| Other tangible fixed assets26 | - | €16,840 | €11,987 | €7,134 | €4,502 | ▼ 36.9% |
| Financial fixed assets28 | - | - | - | €9,993 | €9,993 | = |
| Current assets29/58 | €86,651 | €106,546 | €77,019 | €91,776 | €145,130 | ▲ 58.1% |
| Amounts receivable within one year40/41 | €62,597 | €34,088 | €50,962 | €58,286 | €45,246 | ▼ 22.4% |
| Trade receivables40 | - | €32,249 | €50,958 | €58,125 | €45,246 | ▼ 22.2% |
| Other amounts receivable41 | - | €1,839 | €4 | €161 | - | - |
| Current investments50/53 | - | - | - | - | €22,937 | - |
| Cash at bank and in hand54/58 | €21,422 | €70,572 | €24,197 | €30,109 | €72,090 | ▲ 139% |
| Deferred charges and accrued income490/1 | - | €1,886 | €1,860 | €3,381 | €4,856 | ▲ 43.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,607 | €127,569 | €93,412 | €120,585 | €167,056 | ▲ 38.5% |
| Equity10/15 | €91,235 | €71,918 | €41,525 | €59,615 | €61,461 | ▲ 3.1% |
| Contributions10/11 | - | €18,600 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €69,560 | €69,560 | €69,560 | €69,560 | €55,250 | ▼ 20.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €67,700 | €67,700 | €69,560 | €55,250 | ▼ 20.6% |
| Profit (loss) carried forward14 | €9,275 | -€16,242 | -€34,235 | -€16,145 | €11 | ▲ 100% |
| Amounts payable17/49 | €21,372 | €55,651 | €51,887 | €60,970 | €105,595 | ▲ 73.2% |
| Amounts payable within one year42/48 | €21,025 | €55,083 | €51,503 | €60,112 | €104,262 | ▲ 73.4% |
| Trade debts44 | €3,172 | €8,360 | €4,221 | €18,154 | €9,457 | ▼ 47.9% |
| Suppliers440/4 | - | €8,360 | €4,221 | €18,154 | €9,457 | ▼ 47.9% |
| Taxes, remuneration and social security45 | - | €21,694 | €15,737 | €24,475 | €31,946 | ▲ 30.5% |
| Taxes450/3 | - | €17,694 | €11,737 | €20,305 | €31,946 | ▲ 57.3% |
| Remuneration and social security454/9 | - | €4,000 | €4,000 | €4,170 | - | - |
| Other amounts payable47/48 | - | €25,029 | €31,545 | €17,483 | €62,859 | ▲ 260% |
| Accrued charges and deferred income492/3 | - | €568 | €384 | €858 | €1,333 | ▲ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,363 | -€25,516 | -€17,994 | €18,091 | €53,346 | ▲ 195% |
| + Depreciation and write-downs630 | €7,324 | €7,375 | €7,895 | €7,910 | €7,856 | ▼ 0.7% |
| Operating cash flow (approximation) | €9,686 | -€18,142 | -€10,099 | €26,000 | €61,202 | ▲ 135% |
| Investment in fixed assets (approximation) | - | -€2,441 | -€3,265 | -€20,325 | -€974 | ▲ 95.2% |
| Change in cash | - | €49,150 | -€46,375 | €5,912 | €41,982 | ▲ 610% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €53,346 ▲195%
Operating result €68,325, net result €53,346, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €18,091
Net result €18,091 after 2 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€25,516
Net result drops to -€25,516, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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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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, Chaudfontaine · 1 establishment unit since 2016
Ground area
1,225 m²
Building footprint
141 m²
Volume, LiDAR
828 m³
Parcel 62030B0096/02C000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Au Rond Chêne 31, 4053 Chaudfontaine
since 20162.257.553.848
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030B0096/02C000 | Wallonia | 1,225 m² | 1 · 141 m² | 7.9 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900GZ3172PN4S7208
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 39,110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-10-2016
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663775255
Also
9925:BE0663775255
Registered
12-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.