SMARTER WORKING
ActiveSMARTER WORKING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-301k) and a net result of €56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
16
/ 100
Critical▲ +1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.06 in 2023), 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
-72.2%
Return on assets
13.6%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 37971 sector peers (2024).
NBB · sector comparisonPosition among 37971 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
12 d early
2022
39 d early
2021
16 d early
2020
43 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-301k▲ 15.8%
2023 · €-357k
2018: €16k
2019: €5k
2020: €10k
2021: €-78k
2022: €-224k
2023: €-357k
2018 → 2024
Total assets
€417k▲ 894%
2023 · €42k
2018: €127k
2019: €136k
2020: €159k
2021: €56k
2022: €49k
2023: €42k
2018 → 2024
Net result
€56k
2023 · €-133k
2018: €-11k
2019: €-11k
2020: €5k
2021: €-88k
2022: €-146k
2023: €-133k
2018 → 2024
Working capital
€-133k▼ 24.4%
2023 · €-107k
2018: €60k
2019: €49k
2020: €42k
2021: €-40k
2022: €-78k
2023: €-107k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€-78k€-224k▼ 187%€-357k▼ 59.2%€-301k▲ 15.8%
Operating result€9k-€-81k€-144k▼ 76.9%€-131k▲ 9.2%€58k
Net result€5k-€-88k€-146k▼ 67.0%€-133k▲ 9.3%€56k
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 2024: €58k after a loss of €131k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €417k
Fixed assets
€381k▲ 981%
Current assets
€36k▲ 436%
Key figures and ratios
EBITDA
€78k▲
2023 · €-125k
Cash flow
€77k▲
2023 · €-127k
Solvency
-72.2%▲
2023 · -852.5%
Current ratio
0.21▲
2023 · 0.06
Quick ratio
0.21▲
2023 · 0.06
Debt / equity
-2.38▼
2023 · -1.12
ROE
-18.8%▼
2023 · 37.2%
ROA
13.6%▲
2023 · -316.8%
Interest coverage
83.69▲
2023 · -73.83
Debt
€717k▲
2023 · €399k
Debt ≤ 1 year
€169k▲
2023 · €114k
Debt > 1 year
€547k▲
2023 · €285k
Income taxes
€192▼
2023 · €245
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€42k€417k▲
Fixed assets21/28€35k€381k▲
Intangible fixed assets21-€229k
Tangible fixed assets22/27€35k€152k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€8k€31k▲
Other tangible fixed assets26€22k€117k▲
Current assets29/58€7k€36k▲
Amounts receivable within one year40/41€2k€28k▲
Trade receivables40€635€278▼
Other amounts receivable41€922€28k▲
Cash at bank and in hand54/58€3k€5k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€42k€417k▲
Equity10/15€-357k€-301k▲
Contributions10/11€20k€20k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€264€264=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-384k€-327k▲
Amounts payable17/49€399k€717k▲
Amounts payable after more than one year17€285k€547k▲
Financial debts170/4€285k€547k▲
Amounts payable within one year42/48€114k€169k▲
Trade debts44€69€41k▲
Suppliers440/4€69€41k▲
Taxes, remuneration and social security45€1k€655▼
Taxes450/3€1k€655▼
Other amounts payable47/48€112k€127k▲
Accrued charges and deferred income492/3€643€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€20k▲
Other operating charges640/8€179€619▲
Gross operating margin9900€-125k€79k▲
Operating profit (loss)9901€-131k€58k▲
Financial income75/76B€0€28▲
Recurring financial income75€0€28▲
Financial charges65/66B€2k€932▼
Recurring financial charges65€2k€932▼
Profit (loss) for the period before taxes9903€-133k€57k▲
Income taxes67/77€245€192▼
Profit (loss) for the period9904€-133k€56k▲
Profit (loss) for the period to be appropriated9905€-133k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-384k€-327k▲
Profit (loss) brought forward from the previous period14P€-251k€-384k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €56k
Net result €56k after 3 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-146k
Net result drops to €-146k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Jabbeke · 1 establishment unit since 2016
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.
Sparredreef 58490 JabbekeGround area
1,807 m²
Building footprint
304 m²
Volume, LiDAR
2,402 m³
Parcel 31035C0400/00A000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SMARTER WORKING
since 20162.251.425.131
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0400/00A000 | Flanders | 1,807 m² | 1 · 304 m² | 10.3 m · 3 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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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 22,423 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.smarterworking.io
E-mail:philip@smarterworking.io