SMETSAL
ActiveSMETSAL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118k and a net result of €26k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 16989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-2
Solvency100▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 6.06 against 3.92 in 2024; short-term debt: 13% and cash: 38.3% of total assets), and 17.4% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
82.6%
Return on assets
17.9%
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 20-08-2026, 20 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
20 d late
2024
12 d late
2023
14 d late
2022
3 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€118k▲ 23.9%
2024 · €95k
2022: €59k
2023: €71k
2024: €95k
2022 → 2025
Total assets
€143k▲ 7.2%
2024 · €133k
2022: €182k
2023: €90k
2024: €133k
2022 → 2025
Net result
€26k▼ 0.6%
2024 · €26k
2022: €56k
2023: €14k
2024: €26k
2022 → 2025
Working capital
€94k▲ 7.8%
2024 · €87k
2022: €37k
2023: €57k
2024: €87k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€59k-€71k▲ 20.4%€95k▲ 33.8%€118k▲ 23.9%
Operating result€79k-€21k▼ 73.8%€38k▲ 84.4%€36k▼ 4.7%
Net result€56k-€14k▼ 75.4%€26k▲ 87.4%€26k▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€31k▲ 85.4%
Current assets
€112k▼ 3.8%
Equity and liabilities €143k
Equity
€118k▲ 23.9%
Debt
€25k▼ 34.6%
The debt ratio falls from 28.5% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €45k
Cash flow
€32k▲
2024 · €32k
Solvency
82.6%▲
2024 · 71.5%
Current ratio
6.06▲
2024 · 3.92
Quick ratio
6.06▲
2024 · 3.92
Debt / equity
0.21▼
2024 · 0.40
ROE
21.7%▼
2024 · 27.0%
ROA
17.9%▼
2024 · 19.3%
Interest coverage
59.02▼
2024 · 201.19
Debt
€25k▼
2024 · €38k
Debt ≤ 1 year
€19k▼
2024 · €30k
Income taxes
€11k▼
2024 · €12k
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€133k€143k▲
Fixed assets21/28€17k€31k▲
Tangible fixed assets22/27€14k€7k▼
Furniture and vehicles24€14k€7k▼
Financial fixed assets28€3k€24k▲
Current assets29/58€117k€112k▼
Amounts receivable within one year40/41€37k€57k▲
Trade receivables40€18k€30k▲
Other amounts receivable41€19k€26k▲
Cash at bank and in hand54/58€79k€55k▼
Deferred charges and accrued income490/1€794€846▲
Equity and liabilities
Total equity and liabilities10/49€133k€143k▲
Equity10/15€95k€118k▲
Contributions10/11€5k€5k=
Reserves13€90k€113k▲
Distributable reserves133€90k€113k▲
Amounts payable17/49€38k€25k▼
Amounts payable within one year42/48€30k€19k▼
Trade debts44€16k€4k▼
Suppliers440/4€16k€4k▼
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€12k€11k▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€8k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€421€574▲
Gross operating margin9900€45k€44k▼
Operating profit (loss)9901€38k€36k▼
Financial income75/76B€85€478▲
Recurring financial income75€85€478▲
Financial charges65/66B€223€734▲
Recurring financial charges65€223€734▲
Profit (loss) for the period before taxes9903€38k€36k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€26k€26k▼
Profit (loss) for the period to be appropriated9905€26k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€26k▼
Transfer to equity691/2€24k€23k▼
To other reserves6921€24k€23k▼
Profit to be distributed694/7€2k€3k▲
Return on contributions (dividend)694€2k€3k▲
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Equity above €100kEq €118k ▲23.9%
4 profitable years in a row build equity to €118k.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €14k ▼75.4%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.12
Current ratio from 1.30 to 5.12; short-term debt falls from €123k to €14k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 2021
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.
Emile Wittmannstraat 81030 SchaarbeekGround area
116 m²
Building footprint
67 m²
Volume, LiDAR
906 m³
Parcel 21904B0525/00C002, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Emile Wittmannstraat 8, 1030 Schaarbeek
since 20212.320.259.497
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0525/00C002 | Brussels | 116 m² | 1 · 67 m² | 17.2 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488MA8C0556MB5S4F39
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2021
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.