SMART WAY
ActiveSummary
The computed 12-month bankruptcy probability of SMART WAY is 5.0% (elevated). The 2025 annual accounts show equity of €40,386 and a net result of €583. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 4718 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 113 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.0% 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 497,338 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% | 1.9% |
| 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 2,546 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €999 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €5,638 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,389 | €1,000 | ▼ 28.0% |
| Other operating charges640/8 | - | - | €2,359 | €8,384 | ▲ 255% |
| Gross operating margin9900 | -€999 | - | €48,314 | €11,384 | ▼ 76.4% |
| Operating profit (loss)9901 | -€999 | - | €38,928 | €2,000 | ▼ 94.9% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | €1 | - |
| Financial charges65/66B | - | - | €305 | €216 | ▼ 29.2% |
| Recurring financial charges65 | - | - | €305 | €216 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | -€999 | - | €38,622 | €1,785 | ▼ 95.4% |
| Income taxes67/77 | - | - | €7,819 | €1,202 | ▼ 84.6% |
| Profit (loss) for the period9904 | -€999 | - | €30,803 | €583 | ▼ 98.1% |
| Profit (loss) for the period to be appropriated9905 | -€999 | - | €30,803 | €583 | ▼ 98.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | - | - | €63,413 | €75,741 | ▲ 19.4% |
| Fixed assets21/28 | - | - | €3,611 | €2,611 | ▼ 27.7% |
| Tangible fixed assets22/27 | - | - | €3,611 | €2,611 | ▼ 27.7% |
| Furniture and vehicles24 | - | - | €3,611 | €2,611 | ▼ 27.7% |
| Current assets29/58 | - | - | €59,802 | €73,130 | ▲ 22.3% |
| Amounts receivable within one year40/41 | - | - | €54,588 | €66,847 | ▲ 22.5% |
| Trade receivables40 | - | - | €51,640 | €63,426 | ▲ 22.8% |
| Other amounts receivable41 | - | - | €2,948 | €3,421 | ▲ 16.0% |
| Cash at bank and in hand54/58 | - | - | €5,215 | €4,563 | ▼ 12.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,720 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0 | - | €63,413 | €75,741 | ▲ 19.4% |
| Equity10/15 | -€999 | -€999 | €39,804 | €40,386 | ▲ 1.5% |
| Contributions10/11 | - | - | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€999 | -€999 | €29,804 | €30,386 | ▲ 2.0% |
| Amounts payable17/49 | €999 | €999 | €23,609 | €35,355 | ▲ 49.7% |
| Amounts payable within one year42/48 | €999 | €999 | €23,609 | €35,355 | ▲ 49.7% |
| Trade debts44 | €999 | €999 | €3,316 | €23,824 | ▲ 618% |
| Suppliers440/4 | €999 | €999 | €3,316 | €23,824 | ▲ 618% |
| Taxes, remuneration and social security45 | - | - | €13,819 | €11,531 | ▼ 16.6% |
| Taxes450/3 | - | - | €7,819 | €9,821 | ▲ 25.6% |
| Remuneration and social security454/9 | - | - | €6,000 | €1,710 | ▼ 71.5% |
| Other amounts payable47/48 | - | - | €6,474 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€999 | - | €30,803 | €583 | ▼ 98.1% |
| + Depreciation and write-downs630 | - | - | €1,389 | €1,000 | ▼ 28.0% |
| Operating cash flow (approximation) | -€999 | - | €32,192 | €1,583 | ▼ 95.1% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | - | - | -€651 | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0282/00W000 | Brussels | 6,728 m² | 1 · 316 m² | 40.4 m · 12 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.