SME
ActiveSummary
SME has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €12k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 9.9 against 4.29 in 2024; short-term debt: 9.7% and cash: 25.7% of total assets), and 9.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
90.3%
Return on assets
13.6%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
11 d early
2024
29 d early
2023
15 d early
2022
26 d early
2021
20 d early
2020
26 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 17.7%
2024 · €70k
2020: €35klowest in 6 years
2021: €70k▲ +102% vs 2020
2022: €101k▲ +44.7% vs 2021highest in 6 years
2023: €70k▼ -30.9% vs 2022
2024: €70k● 0.0% vs 2023
2025: €82k▲ +17.7% vs 2024
2020 → 2025
Total assets
€91k▲ 1.4%
2024 · €90k
2020: €47klowest in 6 years
2021: €84k▲ +79.4% vs 2020
2022: €110k▲ +31.8% vs 2021
2023: €122k▲ +11.1% vs 2022highest in 6 years
2024: €90k▼ -26.4% vs 2023
2025: €91k▲ +1.4% vs 2024
2020 → 2025
Net result
€12k▲ 2.1%
2024 · €12k
2020: €32k
2021: €35k▲ +11.9% vs 2020highest in 6 years
2022: €31k▼ -11.5% vs 2021
2023: €14k▼ -53.7% vs 2022
2024: €12k▼ -16.1% vs 2023lowest in 6 years
2025: €12k▲ +2.1% vs 2024
2020 → 2025
Working capital
€79k▲ 19.3%
2024 · €66k
2020: €10klowest in 6 years
2021: €57k▲ +450% vs 2020
2022: €86k▲ +51.6% vs 2021highest in 6 years
2023: €61k▼ -28.6% vs 2022
2024: €66k▲ +7.3% vs 2023
2025: €79k▲ +19.3% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€101k▲ 44.7%€70k▼ 30.9%€70k=€82k▲ 17.7%
2021: €70klowest in 5 years
2022: €101k▲ +44.7% vs 2021highest in 5 years
2023: €70k▼ -30.9% vs 2022lowest in 5 years
2024: €70k● 0.0% vs 2023lowest in 5 years
2025: €82k▲ +17.7% vs 2024
Operating result€47k-€36k▼ 22.8%€14k▼ 60.8%€11k▼ 22.5%€15k▲ 36.5%
2021: €47khighest in 5 years
2022: €36k▼ -22.8% vs 2021
2023: €14k▼ -60.8% vs 2022
2024: €11k▼ -22.5% vs 2023lowest in 5 years
2025: €15k▲ +36.5% vs 2024
Net result€35k-€31k▼ 11.5%€14k▼ 53.7%€12k▼ 16.1%€12k▲ 2.1%
2021: €35khighest in 5 years
2022: €31k▼ -11.5% vs 2021
2023: €14k▼ -53.7% vs 2022
2024: €12k▼ -16.1% vs 2023lowest in 5 years
2025: €12k▲ +2.1% vs 2024
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 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€4k ▼ 6.8%
Current assets
€87k ▲ 1.8%
Equity and liabilities €91k
Equity
€82k ▲ 17.7%
Debt
€9k ▼ 55.9%
Debt's share of the balance-sheet total falls from 22.2% to 9.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €16k
Cash flow
€14k▼
2024 · €18k
Current ratio
9.90▲
2024 · 4.29
Debt to equity
0.11▼
2024 · 0.29
ROE
15.1%▼
2024 · 17.4%
ROA
13.6%▲
2024 · 13.5%
Interest coverage
376.00▼
2024 · 377.65
Debt ≤ 1 year
€9k▼
2024 · €20k
Income taxes
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€90k€91k▲
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€4k€4k▼
Plant, machinery and equipment23€1k€622▼
Furniture and vehicles24€3k€3k▲
Current assets29/58€86k€87k▲
Amounts receivable within one year40/41€70k€63k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€62k€53k▼
Cash at bank and in hand54/58€14k€23k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€90k€91k▲
Equity10/15€70k€82k▲
Contributions10/11€3k€3k=
Reserves13€67k€79k▲
Distributable reserves133€67k€79k▲
Amounts payable17/49€20k€9k▼
Amounts payable within one year42/48€20k€9k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€8k▲
Other amounts payable47/48€10k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€18k€18k▲
Operating profit (loss)9901€11k€15k▲
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€15k€18k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€12k€12k▲
Profit (loss) for the period to be appropriated9905€12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€12k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €18k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €7k | €5k | €2k | ▼ 64.3% |
| Other operating charges640/8 | €1k | €2k | €1k | €1k | €1k | ▼ 12.9% |
| Gross operating margin9900 | €53k | €44k | €22k | €18k | €18k | ▲ 1.8% |
| Operating profit (loss)9901 | €47k | €36k | €14k | €11k | €15k | ▲ 36.5% |
| Financial income75/76B | €1k | €3k | €4k | €5k | €3k | ▼ 31.2% |
| Recurring financial income75 | €1k | €3k | €4k | €5k | €3k | ▼ 31.2% |
| Financial charges65/66B | €37 | €39 | €39 | €44 | €45 | ▲ 3.4% |
| Recurring financial charges65 | €37 | €39 | €39 | €44 | €45 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | €48k | €40k | €18k | €15k | €18k | ▲ 16.8% |
| Income taxes67/77 | €12k | €8k | €4k | €3k | €6k | ▲ 70.7% |
| Profit (loss) for the period9904 | €35k | €31k | €14k | €12k | €12k | ▲ 2.1% |
| Profit (loss) for the period to be appropriated9905 | €35k | €31k | €14k | €12k | €12k | ▲ 2.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84k | €110k | €122k | €90k | €91k | ▲ 1.4% |
| Fixed assets21/28 | €13k | €15k | €9k | €4k | €4k | ▼ 6.8% |
| Tangible fixed assets22/27 | €13k | €15k | €9k | €4k | €4k | ▼ 6.8% |
| Plant, machinery and equipment23 | - | €2k | €2k | €1k | €622 | ▼ 44.5% |
| Furniture and vehicles24 | €13k | €13k | €7k | €3k | €3k | ▲ 7.1% |
| Current assets29/58 | €70k | €95k | €114k | €86k | €87k | ▲ 1.8% |
| Amounts receivable within one year40/41 | €48k | €81k | €102k | €70k | €63k | ▼ 10.7% |
| Trade receivables40 | €12k | €9k | €7k | €8k | €9k | ▲ 13.4% |
| Other amounts receivable41 | €36k | €73k | €95k | €62k | €53k | ▼ 13.8% |
| Cash at bank and in hand54/58 | €20k | €11k | €10k | €14k | €23k | ▲ 61.7% |
| Deferred charges and accrued income490/1 | €2k | €2k | €1k | €1k | €1k | ▲ 1.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84k | €110k | €122k | €90k | €91k | ▲ 1.4% |
| Equity10/15 | €70k | €101k | €70k | €70k | €82k | ▲ 17.7% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €67k | €67k | €67k | €67k | €79k | ▲ 18.5% |
| Distributable reserves133 | €67k | €67k | €67k | €67k | €79k | ▲ 18.5% |
| Profit (loss) carried forward14 | - | €31k | - | - | - | - |
| Amounts payable17/49 | €14k | €9k | €52k | €20k | €9k | ▼ 55.9% |
| Amounts payable within one year42/48 | €14k | €9k | €52k | €20k | €9k | ▼ 55.9% |
| Trade debts44 | €2k | €2k | €2k | €3k | €1k | ▼ 65.3% |
| Suppliers440/4 | €2k | €2k | €2k | €3k | €1k | ▼ 65.3% |
| Taxes, remuneration and social security45 | €11k | €7k | €12k | €7k | €8k | ▲ 18.6% |
| Taxes450/3 | €11k | €7k | €12k | €7k | €8k | ▲ 18.6% |
| Other amounts payable47/48 | - | - | €39k | €10k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €31k | €14k | €12k | €12k | ▲ 2.1% |
| + Depreciation and write-downs630 | €5k | €6k | €7k | €5k | €2k | ▼ 64.3% |
| Operating cash flow (approximation) | €40k | €37k | €21k | €18k | €14k | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €-956 | €-2k | ▼ 74.4% |
| Change in cash | - | €-9k | €-1k | €4k | €9k | ▲ 107% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 9.90
Current ratio from 4.29 to 9.90; short-term debt falls from €20k to €9k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼16.1%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.73
Current ratio from 5.17 to 10.73; short-term debt falls from €14k to €9k.
31-12
Financial
Equity above €100kEq €101k ▲44.7%
3 profitable years in a row build equity to €101k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €35k ▲11.9%
Operating result €47k, net result €35k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.17
Current ratio from 1.86 to 5.17.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Beerse · 1 establishment unit since 2019
Ground area
940 m²
Building footprint
146 m²
Parcel 13004C0385/00X025, Flanders. Linked by address, not a title deed.
1 establishment unit
SME
since 20192.294.907.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0385/00X025 | Flanders | 940 m² | 1 · 146 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.
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 2,231 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
Founded07-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
66300Activities auxiliary to financial services and insurance activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.