SMASJ
Annual accounts 2025
micro format, filed on 13-05-2026, 79 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €220,000.
Balance sheet
balance sheet total €125,065 on 31-12-2025in euro
in euro
Position in the sector
73.3%
Higher than 69% of 39,368 companies in 2025.
3.44
Higher than 68% of 38,051 companies in 2025.
52.0%
Higher than 87% of 38,523 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
125,065 | 47,016 | |
21/28 |
10,361 | - | |
22/27 |
10,361 | - | |
22 |
10,361 | - | |
29/58 |
114,704 | 47,016 | |
40/41 |
18,150 | 36,300 | |
40 |
18,150 | 36,300 | |
54/58 |
94,461 | 10,716 | |
490/1 |
2,092 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
125,065 | 47,016 | |
10/15 |
91,731 | 26,664 | |
10/11 |
3,000 | 3,000 | |
13 |
88,731 | 23,664 | |
133 |
88,731 | 23,664 | |
17/49 |
33,334 | 20,352 | |
42/48 |
33,334 | 19,952 | |
44 |
1,417 | 1,441 | |
440/4 |
1,417 | 1,441 | |
45 |
27,367 | 10,906 | |
450/3 |
27,367 | 9,056 | |
454/9 |
0 | 1,850 | |
47/48 |
4,550 | 7,605 | |
492/3 |
0 | 400 | |
| Income statement | |||
9900 |
84,754 | 30,857 | |
630 |
533 | - | |
640/8 |
688 | 867 | |
9901 |
83,534 | 29,990 | |
75/76B |
1 | - | |
75 |
1 | - | |
65/66B |
82 | 3 | |
65 |
82 | 3 | |
9903 |
83,453 | 29,988 | |
67/77 |
18,386 | 6,324 | |
9904 |
65,067 | 23,664 | |
9905 |
65,067 | 23,664 | |
| Appropriation of the result | |||
9906 |
65,067 | 23,664 | |
691/2 |
65,067 | 23,664 | |
6921 |
65,067 | 23,664 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 84,067 | - | ||
| 65,600 | - | ||
| 10,894 | - | ||
| 83,745 | - | ||
| 81,370 | 27,064 | ||
| 73.3% | 56.7% | ||
| 3.44 | 2.36 | ||
| 0.36 | 0.76 | ||
| 70.9% | 88.7% | ||
| 52.0% | 50.3% | ||
| over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €10,894 | - |
| €533 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on SMASJ
The operating result for 2025 is 179% higher than in 2024.
Debt's share of the balance-sheet total falls from 43.3% to 26.7%. Equity and debt are higher.