SMBJ
ActiveSummary
The computed 12-month bankruptcy probability of SMBJ is 1.6% (moderate). The 2025 annual accounts show equity of €108,826 and a net result of €38,266. Equity is growing by ~58.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 18716 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+16
Solvency76▲+17
Growth78=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.13 in 2024; short-term debt: 19.8% and cash: 3.7% of total assets), and 49.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
50.5%
Return on assets
17.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 4 filingsDeviation from the deadline
2025
53 d late
2024
29 d late
2023
1 d early
2022
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 15 August (3 of the last 4 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€108,826▲ 54.2%
2024 · €70,561
Total assets
€215,426▲ 4.7%
2024 · €205,673
Net result
€38,266▲ 64.3%
2024 · €23,291
Working capital
-€27,189▲ 25.6%
2024 · -€36,563
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€33,563-€31,836▼ 5.1%€31,281▼ 1.7%€53,296▲ 70.4%
Net result€20,184within the sector's middle half-€22,086above the sector's middle half▲ 9.4%€23,291above the sector's middle half▲ 5.5%€38,266above the sector's middle half▲ 64.3%
Equity€25,184within the sector's middle half-€47,270within the sector's middle half▲ 87.7%€70,561within the sector's middle half▲ 49.3%€108,826within the sector's middle half▲ 54.2%
Total assets€218,198within the sector's middle half-€212,285within the sector's middle half▼ 2.7%€205,673within the sector's middle half▼ 3.1%€215,426within the sector's middle half▲ 4.7%
Debt€193,014-€165,015▼ 14.5%€135,112▼ 18.1%€106,600▼ 21.1%
Working capital-€25,341below the sector's middle half--€31,359below the sector's middle half▼ 23.7%-€36,563below the sector's middle half▼ 16.6%-€27,189below the sector's middle half▲ 25.6%
Solvency11.5%within the sector's middle half-22.3%within the sector's middle half▲ 10.7pp34.3%within the sector's middle half▲ 12.0pp50.5%within the sector's middle half▲ 16.2pp
Current ratio0.42below the sector's middle half-0.28below the sector's middle half▼ 0.140.13below the sector's middle half▼ 0.150.36below the sector's middle half▲ 0.23
Return on assets (ROA)9.3%within the sector's middle half-10.4%within the sector's middle half▲ 1.2pp11.3%within the sector's middle half▲ 0.9pp17.8%above the sector's middle half▲ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 70% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215,426
Fixed assets
€200,000 =
Current assets
€15,426 ▲ 172%
Equity and liabilities €215,426
Equity
€108,826 ▲ 54.2%
Debt
€106,600 ▼ 21.1%
Debt's share of the balance-sheet total falls from 65.7% to 49.5%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.98▼
2024 · 1.91
ROE
35.2%▲
2024 · 33.0%
Debt ≤ 1 year
€42,615▲
2024 · €42,236
Debt > 1 year
€63,985▼
2024 · €92,876
Income taxes
€13,130▲
2024 · €5,823
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €866 | - | - | - | - |
| Other operating charges640/8 | €750 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €35,179 | €32,220 | €31,669 | €53,696 | ▲ 69.6% |
| Operating profit (loss)9901 | €33,563 | €31,836 | €31,281 | €53,296 | ▲ 70.4% |
| Financial income75/76B | - | €0 | - | €35 | - |
| Recurring financial income75 | - | €0 | - | €35 | - |
| Financial charges65/66B | €6,653 | €2,387 | €2,168 | €1,935 | ▼ 10.7% |
| Recurring financial charges65 | €6,653 | €2,387 | €2,168 | €1,935 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | €26,910 | €29,448 | €29,114 | €51,396 | ▲ 76.5% |
| Income taxes67/77 | €6,726 | €7,362 | €5,823 | €13,130 | ▲ 125% |
| Profit (loss) for the period9904 | €20,184 | €22,086 | €23,291 | €38,266 | ▲ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €20,184 | €22,086 | €23,291 | €38,266 | ▲ 64.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €218,198 | €212,285 | €205,673 | €215,426 | ▲ 4.7% |
| Fixed assets21/28 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Financial fixed assets28 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Current assets29/58 | €18,198 | €12,285 | €5,673 | €15,426 | ▲ 172% |
| Amounts receivable within one year40/41 | - | €8 | €1,195 | €7,552 | ▲ 532% |
| Trade receivables40 | - | - | - | €6,361 | - |
| Other amounts receivable41 | - | €8 | €1,195 | €1,192 | ▼ 0.3% |
| Cash at bank and in hand54/58 | €18,198 | €12,278 | €4,478 | €7,874 | ▲ 75.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €218,198 | €212,285 | €205,673 | €215,426 | ▲ 4.7% |
| Equity10/15 | €25,184 | €47,270 | €70,561 | €108,826 | ▲ 54.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €20,184 | €42,270 | €65,561 | €103,826 | ▲ 58.4% |
| Amounts payable17/49 | €193,014 | €165,015 | €135,112 | €106,600 | ▼ 21.1% |
| Amounts payable after more than one year17 | €149,475 | €121,371 | €92,876 | €63,985 | ▼ 31.1% |
| Financial debts170/4 | €149,475 | €121,371 | €92,876 | €63,985 | ▼ 31.1% |
| Amounts payable within one year42/48 | €43,539 | €43,644 | €42,236 | €42,615 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | €27,718 | €28,104 | €28,495 | €28,891 | ▲ 1.4% |
| Trade debts44 | - | - | - | €2,822 | - |
| Suppliers440/4 | - | - | - | €2,822 | - |
| Advances received on contracts in progress46 | €785 | - | €985 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €13,671 | €14,175 | €11,091 | €9,236 | ▼ 16.7% |
| Taxes450/3 | €13,671 | €14,175 | €11,091 | €9,236 | ▼ 16.7% |
| Other amounts payable47/48 | €1,366 | €1,366 | €1,666 | €1,666 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,184 | €22,086 | €23,291 | €38,266 | ▲ 64.3% |
| + Depreciation and write-downs630 | €866 | - | - | - | - |
| Operating cash flow (approximation) | €21,050 | €22,086 | €23,291 | €38,266 | ▲ 64.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€5,920 | -€7,800 | €3,396 | ▲ 144% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial
Highest result since 2022net €38,266 ▲64.3%
Operating result €53,296, net result €38,266, both a record.
31-12
Financial
Equity above €100,000Eq €108,826 ▲54.2%
4 profitable years in a row build equity to €108,826.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Asse · 1 establishment unit since 2021
Ground area
420 m²
Building footprint
249 m²
Parcel 23322L0153/00L000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SMBJ
since 20212.325.755.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322L0153/00L000 | Flanders | 420 m² | 1 · 249 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of SMBJ and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,441. 1,904 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
70200Business and other management consultancy
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0778625037
Also
9925:BE0778625037
Registered
01-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.