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SMHA

Active
Private limited companyfounded 20242 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1006.486.846
Summary

The computed 12-month bankruptcy probability of SMHA is 3.8% (moderate). The 2024 annual accounts show equity of €12,516 and a net result of €7,516. Its solvency ranks better than 37% of 6719 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability92
Solvency50
Growth-
Track record67
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.82; short-term debt: 75.3% and cash: 26.9% of total assets), and 75.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
24.7%
Return on assets
14.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 1 filing
Deviation from the deadline
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SMHA was incorporated on 27 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€64,383
EBIT margin
11.8%
Net result
€7,516
Working capital
-€6,767

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €50,621
Fixed assets €19,284
Current assets €31,337
Equity and liabilities €50,621
Equity €12,516
Debt €38,105
Debt finances 75.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€17,214
Cash flow
€17,158
Current ratio
0.82
Debt to equity
3.04
ROE
60.1%
ROA
14.8%
Interest coverage
307.40
Debt ≤ 1 year
€38,105

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€50,621
Fixed assets21/28€19,284
Tangible fixed assets22/27€19,284
Furniture and vehicles24€19,284
Current assets29/58€31,337
Amounts receivable within one year40/41€17,738
Trade receivables40€11,673
Other amounts receivable41€6,065
Cash at bank and in hand54/58€13,599
Equity and liabilities
Total equity and liabilities10/49€50,621
Equity10/15€12,516
Contributions10/11€5,000
Profit (loss) carried forward14€7,516
Amounts payable17/49€38,105
Amounts payable within one year42/48€38,105
Trade debts44€22,374
Suppliers440/4€22,374
Taxes, remuneration and social security45€1,754
Taxes450/3€1,754
Other amounts payable47/48€13,977
Income statement Code2024
Turnover70€64,383
Goods, raw materials, services and sundry goods60/61€46,195
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,642
Other operating charges640/8€973
Gross operating margin9900€18,187
Operating profit (loss)9901€7,572
Financial charges65/66B€56
Recurring financial charges65€56
Profit (loss) for the period before taxes9903€7,516
Profit (loss) for the period9904€7,516
Profit (loss) for the period to be appropriated9905€7,516
Appropriation of the result
Profit (loss) to be appropriated9906€7,516

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€64,383
Goods, raw materials, services and sundry goods60/61€46,195
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,642
Other operating charges640/8€973
Gross operating margin9900€18,187
Operating profit (loss)9901€7,572
Financial charges65/66B€56
Recurring financial charges65€56
Profit (loss) for the period before taxes9903€7,516
Profit (loss) for the period9904€7,516
Profit (loss) for the period to be appropriated9905€7,516
Line2024
Assets
Total assets20/58€50,621
Fixed assets21/28€19,284
Tangible fixed assets22/27€19,284
Furniture and vehicles24€19,284
Current assets29/58€31,337
Amounts receivable within one year40/41€17,738
Trade receivables40€11,673
Other amounts receivable41€6,065
Cash at bank and in hand54/58€13,599
Equity and liabilities
Total equity and liabilities10/49€50,621
Equity10/15€12,516
Contributions10/11€5,000
Profit (loss) carried forward14€7,516
Amounts payable17/49€38,105
Amounts payable within one year42/48€38,105
Trade debts44€22,374
Suppliers440/4€22,374
Taxes, remuneration and social security45€1,754
Taxes450/3€1,754
Other amounts payable47/48€13,977
Line2024
Profit (loss) for the period9904€7,516
+ Depreciation and write-downs630€9,642
Operating cash flow (approximation)€17,158

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Kraainem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
SMHA
Steenweg op Mechelen 455, 1950 KraainemLogistics services
since 20242.356.729.222
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
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.

Similar companies · same sector, comparable size

Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. 1,977 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
Founded27-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
32500Manufacture of medical and dental instruments and supplies
49410Freight transport by road
52250Logistics services
86230Dental practice
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006486846
Registered 16-12-2025

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.