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SMEunited

Active
Int'l non-profit associationfounded 1990active for 36 yearsJacques de Lalaingstraat 4, 1040 Brussel, Belgium28 active companies are registered at this addressKBO/BCE: BE 0441.251.911
Summary

SMEunited has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of €124,449. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 46% of 621 sector peers (NACE 94, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).

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SMEunitedActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Activities of business and employers' organisations
NACE 94110
1 site
Size
≈ €2.3mturnover 2024, estimated
Staff
10.9 FTE
Equity
€1.0m
Surplus
€124,449
Turnover estimated from the gross margin
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
27 members
2025 accounts not filed, 92 days past the deadline6 of 22 deeds summarised
Why 57raises riskCapped at 59: a confirmed filing findinglowers riskLegal form: int'l non-profit associationLiquidity: current ratio 7.08, cash €1.7mSector: Activities of membership organisations (NACE 94)Founded in 1990Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 72% of its sector peers (NACE 94, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 77-2
equity 51.6% of total assets
Liquidity 97-2
short-term debt 14.0% · cash 87.0%
Profitability 77+6
return on assets 6.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (512 companies, NACE 94, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €55,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 7.08, compared with 8.2 in 2023, above the usual 1.5; short-term debt: 14% and cash: 87% of total assets), and 48.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 94, small): better than 45% on solvency, 86% on liquidity, 76% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: int'l non-profit association
KBO
lowers risk · Liquidity: current ratio 7.08, cash €1.7m
NBB · annual accounts
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 53 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
53 days late
2023
62 days late
2022
60 days late
2021
52 days late
2020
236 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 92 days after the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Mr. Johan Bortier, Dr. Luca…Appointments: Mr. Davide Galli, Mr…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Resignation: Danny Van Assche (director)Appointment: Johan Bortier (director)

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
  • Positive: Result rose in 2024from €27,817 to €124,449 ▲ 347% View
  • Board changedlatest change 10-03-2026 · 27 in office 7 joined · 7 left View
  • Positive: Among the best 20% on net resultsector median €15,679 · 629 companies €124,449 View
  • Positive: 7 profitable years in a rowprofit 2024: €124,449 7 years View

By topic

Financials

Financial year
2024
Total assets
€1.9m
Profit
€124,449
Solvency
51.6%
Total assets▲ 19.8%
Net result
20182024
Go to Financials

Board & ownership

Board
27 members
  • Salminen PetriChair
  • Abela PaulDirector
  • Anract DominiqueDirector
  • Asimakopoulos DimitrisDirector
  • Berthilsson Carl-JohanDirector

and 22 other directors

Go to Board & ownership

Timeline

Events
31
Since
2005
  1. 24-03-2025Resignations: Jan Gogolewski (director) and Florin Jianu…
  2. 31-12-2024Equity above €1m
  3. 01-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Int'l non-profit association
Activity
Activities of business and employers' organisationsNACE 94110
Founded
13-08-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Purpose
“De soutenir l'idée de la construction européenne et de contribuer à la coopération…” (deed in French)
Go to Articles of association

Key facts about SMEunited

What is the company number of SMEunited?
0441.251.911. In Belgium the VAT number is the company number with BE in front: BE 0441.251.911.
Where is SMEunited based?
The registered office is at Jacques de Lalaingstraat 4, 1040 Brussel.Company details
What does SMEunited do?
According to the KBO register, the main activity is activities of business and employers' organisations (NACE 94110).
What is the legal form of SMEunited?
Int'l non-profit association (IVZW).
When was SMEunited founded?
On 13-08-1990.
Is SMEunited still active?
Yes, SMEunited is an active enterprise in the KBO register.
How many employees does SMEunited have?
On average 10.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SMEunited?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SMEunited profitable?
In financial year 2024, SMEunited made a profit of €124,449.
Where can I find the annual accounts of SMEunited?
SMEunited filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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