Smartspace
ActiveSmartspace has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €40k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 9195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+2
Solvency34▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.67 in 2024; short-term debt: 11% and cash: 2.6% of total assets), and 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
9.4%
Return on assets
2.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
36 d early
2023
37 d early
2022
33 d early
2021
34 d early
2020
37 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2k
EBIT margin
2857.7%
Net result
€40k▼ 28.7%
2024 · €56k
2019: €829
2020: €19k
2021: €42
2022: €-263
2023: €37k
2024: €56k
2019 → 2025
Working capital
€-57k▲ 18.7%
2024 · €-71k
2019: €-2.14M
2020: €-2.01M
2021: €-114k
2022: €-115k
2023: €-77k
2024: €-71k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€40k▼ 0.7%€77k▲ 92.1%€133k▲ 72.4%€173k▲ 29.9%
Operating result€29k-€32k▲ 9.7%€119k▲ 269%€151k▲ 26.7%€105k▼ 30.3%
Net result€42-€-263€37k€56k▲ 51.0%€40k▼ 28.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€1.69M▼ 4.2%
Current assets
€144k▼ 0.3%
Equity and liabilities €1.83M
Equity
€173k▲ 29.9%
Debt
€1.66M▼ 6.4%
The debt ratio falls from 93.0% to 90.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189k▼
2024 · €240k
Cash flow
€123k▼
2024 · €145k
Solvency
9.4%▲
2024 · 7.0%
Current ratio
0.72▲
2024 · 0.67
Quick ratio
0.72▲
2024 · 0.67
Debt / equity
9.62▼
2024 · 13.35
ROE
23.0%▼
2024 · 42.0%
ROA
2.2%▼
2024 · 2.9%
Interest coverage
3.55▲
2024 · 3.16
Debt
€1.66M▼
2024 · €1.77M
Debt ≤ 1 year
€202k▼
2024 · €216k
Debt > 1 year
€1.46M▼
2024 · €1.56M
Income taxes
€13k▼
2024 · €19k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.91M€1.83M▼
Fixed assets21/28€1.76M€1.69M▼
Tangible fixed assets22/27€1.76M€1.69M▼
Land and buildings22€1.74M€1.67M▼
Plant, machinery and equipment23€9k€8k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€400€800▲
Current assets29/58€145k€144k▼
Amounts receivable within one year40/41€52k€91k▲
Trade receivables40€45k€39k▼
Other amounts receivable41€7k€52k▲
Cash at bank and in hand54/58€92k€47k▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.91M€1.83M▼
Equity10/15€133k€173k▲
Contributions10/11€19k€19k=
Reserves13€114k€154k▲
Distributable reserves133€114k€154k▲
Amounts payable17/49€1.77M€1.66M▼
Amounts payable after more than one year17€1.56M€1.46M▼
Financial debts170/4€1.56M€1.46M▼
Amounts payable within one year42/48€216k€202k▼
Current portion of amounts payable after more than one year42€100k€100k=
Trade debts44€64k€45k▼
Suppliers440/4€64k€45k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€45k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€84k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-10k€6k▲
Other operating charges640/8€76k€58k▼
Gross operating margin9900€306k€253k▼
Operating profit (loss)9901€151k€105k▼
Financial income75/76B€7€976▲
Recurring financial income75€7€976▲
Non-recurring financial income76B€7-
Financial charges65/66B€76k€53k▼
Recurring financial charges65€76k€53k▼
Profit (loss) for the period before taxes9903€75k€53k▼
Income taxes67/77€19k€13k▼
Profit (loss) for the period9904€56k€40k▼
Profit (loss) for the period to be appropriated9905€56k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€40k▼
Transfer to equity691/2€56k€40k▼
To other reserves6921€56k€40k▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €173k ▲29.9%
3 profitable years in a row build equity to €173k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €56k ▲51%
Operating result €151k, net result €56k, both a record.
31-12
Financial
Equity above €100kEq €133k ▲72.4%
2 profitable years in a row build equity to €133k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-263 ▼731%
Net result drops to €-263, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Hasselt · 1 establishment unit since 2014
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.
Gouverneur Roppesingel 833500 HasseltGround area
2,765 m²
Building footprint
688 m²
Volume, LiDAR
8,236 m³
Parcel 71328D0384/00D000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Smartspace
since 20142.235.724.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0384/00D000 | Flanders | 2,765 m² | 1 · 688 m² | 14.9 m · 4 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.
Similar companies · same sector, comparable size
Etablissements V. Philippe
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HEYLEN PROJECTS
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LG Building
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Tilicho Manang and Partners
BE 0893.463.436
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BMB Medical Services
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2014
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.