SmartMind
ActiveSummary
SmartMind has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,157 and a net result of €98,122. Its solvency ranks better than 85% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-09-2024 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 3 others
- Establishment unit
- 2.365.846.034 1150 Sint-Pieters-Woluwe, since 16-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 22-09-2025
Board and ownership
- DE SCHEPPER Michaël Edouard PierreDirector · since 16-09-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €128,369
- ▲ 241%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €98,122
- ▲ 230%
- Equity
- €131,157
- ▲ 287%
- Total assets
- €153,911
- ▲ 138%
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 6.61, cash €76,887Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €131,157 (85.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 91% on liquidity, 88% on profitability and 97% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 28 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 3.4 times that of 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €2,693 | €1,731 |
| Depreciation and write-downs of the year | €54 | €785 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SmartMind: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €144,000 and €173,000, founded in 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SmartMind Sint-Pieters-Woluwe | 2024 | €153,911 | €131,157 | €128,369 | €98,122 | 2025 |
| Kinera Etterbeek | 2024 | €173,424 | €123,398 | €139,541 | €108,565 | 2025 |
| Marine, Offshore & Heavy Lift Engineering Beveren-Kruibeke-Zwijndrecht | 2024 | €152,975 | €118,660 | €131,694 | €99,240 | 2025 |
| Stabcon Antwerpen | 2024 | €147,110 | €112,364 | €140,957 | €109,864 | 2025 |
| Gommeren Offshore Engineering and Development Services Oosterzele | 2024 | €155,243 | €91,706 | €128,066 | €89,206 | 2025 |
| KiNiMatics Deerlijk | 2024 | €143,927 | €82,841 | €116,495 | €77,841 | 2025 |
| MOBATEC Machelen (Brab.) | 2024 | €159,183 | €108,792 | €139,318 | €103,109 | 2025 |
They were chosen from the 6,767 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as SmartMind has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of SmartMind itself is lower: < 0.1% within 12 months. It rests on far more data about SmartMind than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SmartMind. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54 | €785 | ▲ 15× |
| Other operating charges640/8 | - | €76 | - |
| Gross operating margin9900 | €37,698 | €128,369 | ▲ 241% |
| Operating profit (loss)9901 | €37,645 | €127,507 | ▲ 239% |
| Financial income75/76B | - | €34 | - |
| Recurring financial income75 | - | €34 | - |
| Financial charges65/66B | €176 | €1,862 | ▲ 956% |
| Recurring financial charges65 | €176 | €1,862 | ▲ 956% |
| Profit (loss) for the period before taxes9903 | €37,469 | €125,679 | ▲ 235% |
| Income taxes67/77 | €7,741 | €27,558 | ▲ 256% |
| Profit (loss) for the period9904 | €29,728 | €98,122 | ▲ 230% |
| Profit (loss) for the period to be appropriated9905 | €29,728 | €98,122 | ▲ 230% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €64,575 | €153,911 | ▲ 138% |
| Fixed assets21/28 | €2,639 | €3,584 | ▲ 35.8% |
| Tangible fixed assets22/27 | €2,639 | €3,584 | ▲ 35.8% |
| Furniture and vehicles24 | €2,639 | €3,584 | ▲ 35.8% |
| Current assets29/58 | €61,936 | €150,327 | ▲ 143% |
| Amounts receivable within one year40/41 | €59,772 | €72,684 | ▲ 21.6% |
| Trade receivables40 | €59,772 | €37,208 | ▼ 37.8% |
| Other amounts receivable41 | - | €35,477 | - |
| Cash at bank and in hand54/58 | €1,496 | €76,887 | ▲ 51× |
| Deferred charges and accrued income490/1 | €668 | €755 | ▲ 13.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €64,575 | €153,911 | ▲ 138% |
| Equity10/15 | €33,869 | €131,157 | ▲ 287% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €28,869 | €126,157 | ▲ 337% |
| Amounts payable17/49 | €30,707 | €22,753 | ▼ 25.9% |
| Amounts payable within one year42/48 | €30,707 | €22,753 | ▼ 25.9% |
| Trade debts44 | €280 | €2,540 | ▲ 806% |
| Suppliers440/4 | €280 | €2,540 | ▲ 806% |
| Taxes, remuneration and social security45 | €20,377 | €19,380 | ▼ 4.9% |
| Taxes450/3 | €17,377 | €18,230 | ▲ 4.9% |
| Remuneration and social security454/9 | €3,000 | €1,150 | ▼ 61.7% |
| Other amounts payable47/48 | €10,049 | €833 | ▼ 91.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €29,728 | €98,122 | ▲ 230% |
| + Depreciation and write-downs630 | €54 | €785 | ▲ 15× |
| Operating cash flow (approximation) | €29,781 | €98,907 | ▲ 232% |
| Investment in fixed assets (approximation) | - | -€1,731 | - |
| Change in cash | - | €75,391 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- DE SCHEPPER Michaël Edouard Pierre 200 shares (100%) · €5,000 in cash
Capital transactions
- 18-09-2024 Incorporation · €5,000 · 200 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “L'assemblée fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs, peuvent avoir la qualité d'administrateur…”“L'assemblée générale décide si le mandat est exercé gratuitement, portée aux frais généraux, indépendamment des frais de représentation…”“1”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Pour moitié à charge du cédant et pour moitié à charge des acquéreurs, prix mentionné ou fixé par expert”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “L’organe d’administration peut en outre, après un second avis recommandé resté sans résultat pendant un mois, convoquer l’assemblée générale…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 18-09-2024 (in French)
Network & group
SmartMind shares no director with another company.
Companies at the same address
5 other companiesConnections & network
1 current directorThe network starts from the directors of SmartMind. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-09
Gazette deed
IncorporationStarting capital €5,000 · Appointment: DE SCHEPPER Michaël Edouard Pierre (director) · Founder10 points ▸
- Incorporation, 14-09-2024
- Founder, DE SCHEPPER Michaël Edouard Pierre
- Founding capital, €5,000
- Bank account, “Banque BELFIUS, dépôt des versements en espèces” (deed in French)
- Declaration, “dispense de recherche de dénomination, Les comparants ont dispensé le Notaire soussigné d’effectuer une recherche de dénomination. Ils déclarent en faire leur a…” (deed in French)
- Declaration, “renseignements auprès d'un guichet d'entreprises, Les fondateurs comparants déclarent que, préalablement à la signature des présentes, ils ont pris tous les ren…” (deed in French)
- Capital
- Registered office clause, “1150 Woluwe-Saint-Pierre, Val des Seigneurs n°142 boîte 012” (deed in French)
- Director appointment, DE SCHEPPER Michaël Edouard Pierre (director (not named in the articles))
- Pre-incorporation commitments, “takeover, Tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises par l’un ou l’autre des comparants, au nom et pou…” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- Toutes opérations d'ingénierie, conseil, formation et coaching, destinés aux entreprises, administrations, personnes morales publiques ou privées, physiques ou morales.
- Développement de logiciels, portails informatiques et sites internet, le tout au sens large du terme.
- Activité financières : Agents et courtiers d'assurances et éventuellement l’achat ou le vente de produits financiers au sens large (par ex : en bourse, b to C, B to B, etc.
- Activité immobilière : La société a pour objet la constitution et la valorisation d’un patrimoine immobilier. Dans ce cadre, elle peut accomplir toutes opérations mobilières, immobilières ou financières se rattachant directement ou indirectement à son objet social.
- L’achat, l’échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d’achat, de même que l’exploitation, la gestion et l’entretien de : maisons, appartements, bureaux, magasins, fonds de commerce, parkings, garages, stations-service, terrains, terres et domaines, et de manière générale, de tous biens immobiliers, ainsi que toutes opérations de financement ;
- Toutes activités d’étude et de conseils en matière immobilière, l’activité de gestion de tout patrimoine immobilier ou de tous biens immobiliers, le commerce de tous matériaux, et la signature de tous contrats d’entreprise en lien avec l’objet social immobilier.
- L’achat, la vente, le lotissement, la démolition, la construction, la reconstruction, la rénovation, la transformation, la promotion, l’aménagement, la mise en valeur, la conception de tous projets immobiliers, la mise ou la prise en location, la sous-location, la constitution de baux emphytéotiques, contrat de superficie, l’exploitation, l’administration, la gestion et l’entretien de tous biens immeubles bâtis ou non et de tous droits immobiliers, la négociation de tous accords et contrats, se rapportant a des droits immobiliers ou mobiliers en découlant directement ou tous services s'y rapportant et de manière général, l'exécution de toutes opérations immobilières quelle qu’en soit son affection en ce compris, le cas échéant, l’activité de marchand de biens.
- De même que toutes autres activités et transactions immobilières ne nécessitant pas un accès a la profession, a titre exemplatif mais non limitatif.
- La prise de participation directe ou indirecte dans toute société ou entreprise commerciale, industrielle, financière, mobilière ou immobilière, le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein des dites sociétés et entreprises.
- La societe peut prendre la direction et le controle, en sa qualite d’administrateur, gérant, liquidateur ou autrement, d’autres entités et societes et leur prodiguer des avis.
- Elle peut faire tout ce qui est utile ou necessaire a l'accomplissement de son objet social et d'une facon generale accomplir, tant en Belgique qu'a l'etranger, toutes operations commerciales, industrielles, mobilières, immobilieres ou financieres se rattachant directement ou indirectement a son objet social ou de nature a en faciliter le developpement, telles que : acquerir, exploiter, exhiber et conceder tous brevets, licences ou marques relatives a son objet social ; emprunter avec ou sans garantie, hypothequer ou gager ses biens, ou se porter caution personnelle et/ou reelle, au profit d’autres entreprises, societes ou tiers, sous reserve des dispositions legales afferentes.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21683D0158/00C002 | Brussels | 4,406 m² | 1 · 1,239 m² | 30.7 m · 9 |