SMASS
ActiveSMASS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+66
Solvency31▲+13
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven 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
5.7%
Return on assets
10.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
31 d late
2023
31 d late
2022
31 d late
2021
75 d late
2020
111 d late
2019
98 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k
2024 · €-7k
2018: €990
2019: €-29k
2020: €-21k
2021: €-14k
2022: €485
2023: €1k
2024: €-7k
2018 → 2025
Total assets
€134k▲ 44.3%
2024 · €93k
2018: €133k
2019: €95k
2020: €130k
2021: €106k
2022: €110k
2023: €123k
2024: €93k
2018 → 2025
Net result
€14k
2024 · €-8k
2018: €-3k
2019: €-30k
2020: €8k
2021: €7k
2022: €2k
2023: €690
2024: €-8k
2018 → 2025
Working capital
€17k▲ 237%
2024 · €5k
2018: €-3k
2019: €-24k
2020: €-23k
2021: €-11k
2022: €8k
2023: €15k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€485€1k▲ 142%€-7k€8k
Operating result€17k-€16k▼ 8.7%€16k▲ 1.3%€-2k€26k
Net result€7k-€2k▼ 64.9%€690▼ 71.7%€-8k€14k
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 2025: €26k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€70k▼ 3.0%
Current assets
€64k▲ 214%
Equity and liabilities €134k
Equity
€8k
Debt
€126k
Debt finances 94.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€28k▲
2024 · €560
Cash flow
€16k▲
2024 · €-6k
Solvency
5.7%▲
2024 · -7.2%
Current ratio
1.35▲
2024 · 1.32
Quick ratio
1.35▲
2024 · 1.32
Debt / equity
16.69▲
2024 · -14.85
ROE
188.5%
ROA
10.7%▲
2024 · -8.5%
Interest coverage
5.11▲
2024 · 0.09
Debt
€126k▲
2024 · €100k
Debt ≤ 1 year
€47k▲
2024 · €15k
Debt > 1 year
€79k▼
2024 · €84k
Income taxes
€6k▲
2024 · €353
Staff costs
€13k▲
2024 · €-3k
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€93k€134k▲
Fixed assets21/28€73k€70k▼
Tangible fixed assets22/27€73k€70k▼
Land and buildings22€73k€70k▼
Current assets29/58€20k€64k▲
Amounts receivable within one year40/41€905€27k▲
Trade receivables40€0€27k▲
Other amounts receivable41€905€0▼
Cash at bank and in hand54/58€19k€36k▲
Deferred charges and accrued income490/1-€453
Equity and liabilities
Total equity and liabilities10/49€93k€134k▲
Equity10/15€-7k€8k▲
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-35k€-20k▲
Amounts payable17/49€100k€126k▲
Amounts payable after more than one year17€84k€79k▼
Financial debts170/4€84k€79k▼
Amounts payable within one year42/48€15k€47k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€2k€32k▲
Taxes450/3€353€17k▲
Remuneration and social security454/9€2k€15k▲
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€300€0▼
Remuneration, social security and pensions62€-3k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€18k€0▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€18k€43k▲
Operating profit (loss)9901€-2k€26k▲
Financial income75/76B€10€7▼
Recurring financial income75€10€7▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€-8k€20k▲
Income taxes67/77€353€6k▲
Profit (loss) for the period9904€-8k€14k▲
Profit (loss) for the period to be appropriated9905€-8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-20k▲
Profit (loss) brought forward from the previous period14P€-27k€-35k▼
The notes to these accounts (15 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.36
Current ratio from 0.65 to 1.36; short-term debt falls from €32k to €23k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Deinze · 1 establishment unit since 2010
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.
Kippendonkstraat 89850 DeinzeGround area
2,645 m²
Building footprint
198 m²
Volume, LiDAR
1,046 m³
Parcel 44027A0495/00C000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMASS
since 20102.186.580.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44027A0495/00C000 | Flanders | 2,645 m² | 1 · 198 m² | 8.2 m · 2 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
Mpc by Cd
BE 0848.063.278
Genappe · Eq €8k
RIFI CONSTRUCT
BE 0803.689.738
Asse · Eq €8k
GROUPE SM
BE 0742.765.919
Ukkel · Eq €8k
A-CELIK
BE 1000.364.760
Zelzate · Eq €8k
AEROFLEET
BE 0659.828.741
Soumagne · Eq €8k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,532 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2010
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
70200Business and other management consultancy
70220Business consulting
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.