SMARTVAC
ActiveSMARTVAC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €5k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (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
Profitability71▲+1
Solvency65▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.12 in 2024; short-term debt: 60.3% and cash: 1.1% of total assets), and 60.3% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
39.7%
Return on assets
1.8%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
35 d early
2023
57 d early
2022
42 d early
2021
46 d early
2020
50 d early
2019
8 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 4.8%
2024 · €104k
2018: €84k
2019: €88k
2020: €91k
2021: €94k
2022: €98k
2023: €101k
2024: €104k
2018 → 2025
Total assets
€274k▼ 8.3%
2024 · €299k
2018: €377k
2019: €366k
2020: €357k
2021: €355k
2022: €339k
2023: €332k
2024: €299k
2018 → 2025
Net result
€5k▲ 45.5%
2024 · €3k
2018: €16k
2019: €4k
2020: €3k
2021: €3k
2022: €4k
2023: €3k
2024: €3k
2018 → 2025
Working capital
€-154k▲ 1.3%
2024 · €-156k
2018: €-131k
2019: €-134k
2020: €-141k
2021: €-150k
2022: €-153k
2023: €-156k
2024: €-156k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€98k▲ 4.2%€101k▲ 3.0%€104k▲ 3.4%€109k▲ 4.8%
Operating result€8k-€9k▲ 10.8%€7k▼ 16.5%€7k▼ 1.2%€9k▲ 21.3%
Net result€3k-€4k▲ 54.4%€3k▼ 26.0%€3k▲ 15.9%€5k▲ 45.5%
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 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274k
Fixed assets
€263k▼ 5.6%
Current assets
€12k▼ 44.5%
Equity and liabilities €274k
Equity
€109k▲ 4.8%
Debt
€166k▼ 15.3%
The debt ratio falls from 65.3% to 60.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €25k
Cash flow
€22k▲
2024 · €21k
Solvency
39.7%▲
2024 · 34.7%
Current ratio
0.07▼
2024 · 0.12
Quick ratio
0.06▼
2024 · 0.10
Debt / equity
1.52▼
2024 · 1.88
ROE
4.5%▲
2024 · 3.3%
ROA
1.8%▲
2024 · 1.1%
Interest coverage
15.41▲
2024 · 9.32
Debt
€166k▼
2024 · €195k
Debt ≤ 1 year
€166k▼
2024 · €177k
Income taxes
€2k▲
2024 · €958
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€299k€274k▼
Fixed assets21/28€279k€263k▼
Tangible fixed assets22/27€278k€263k▼
Land and buildings22€269k€258k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€8k€3k▼
Other tangible fixed assets26€321€257▼
Financial fixed assets28€250€250=
Current assets29/58€21k€12k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€2k€7k▲
Trade receivables40€822€7k▲
Other amounts receivable41€1k€11▼
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€11k€56▼
Equity and liabilities
Total equity and liabilities10/49€299k€274k▼
Equity10/15€104k€109k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€84k€88k▲
Amounts payable17/49€195k€166k▼
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€177k€166k▼
Current portion of amounts payable after more than one year42€20k€19k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€151k€141k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€27k€28k▲
Operating profit (loss)9901€7k€9k▲
Financial income75/76B€9-
Recurring financial income75€9-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€4k€7k▲
Income taxes67/77€958€2k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€88k▲
Profit (loss) brought forward from the previous period14P€80k€84k▲
The notes to these accounts (6 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲3%
6 profitable years in a row build equity to €101k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €3k ▼12%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2001
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.
St. Rochusstraat 35A9320 AalstGround area
2,031 m²
Building footprint
433 m²
Volume, LiDAR
2,288 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Slagstraat 31, 9230 Wetteren
since 20012.093.321.861
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025A0270/00G000 | Flanders | 1,507 m² | 1 · 226 m² | 5.7 m · 1 fl. |
| 41047C0187/00M000 | Flanders | 524 m² | 1 · 207 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
KURT LATREZ
BE 0643.589.060
Wingene · Eq €109k
BAT-IMMO-PRO
BE 0771.561.457
Saint-Ghislain · Eq €109k
KT SOLUTIONS
BE 0436.752.891
Lievegem · Eq €109k
ATE ELECTRO
BE 0861.055.241
Lokeren · Eq €109k
ELEKTRO MAASLAND
BE 1001.334.265
Dilsen-Stokkem · Eq €109k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,778 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-07-2001
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.