Smhard Performances
ActiveSmhard Performances has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €25k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 64% of 2034 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+6
Solvency86▼-14
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 6.16 in 2024; short-term debt: 19.1% and cash: 27.1% of total assets), and 39.1% 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 85
Relative position
BE, all sectors
reference
Sector 85
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
60.9%
Return on assets
15%
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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
32 d early
2024
27 d early
2023
30 d early
2022
28 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k▼ 10.5%
2024 · €115k
2022: €90k
2023: €103k
2024: €115k
2022 → 2025
Total assets
€169k▲ 32.9%
2024 · €127k
2022: €127k
2023: €113k
2024: €127k
2022 → 2025
Net result
€25k▲ 109%
2024 · €12k
2022: €85k
2023: €13k
2024: €12k
2022 → 2025
Working capital
€51k▼ 18.3%
2024 · €63k
2022: €63k
2023: €65k
2024: €63k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€90k-€103k▲ 14.5%€115k▲ 11.8%€103k▼ 10.5%
Operating result€117k-€18k▼ 84.4%€15k▼ 16.3%€32k▲ 110%
Net result€85k-€13k▼ 84.7%€12k▼ 6.8%€25k▲ 109%
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 110% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€85k▲ 63.8%
Current assets
€84k▲ 11.4%
Equity and liabilities €169k
Equity
€103k▼ 10.5%
Debt
€66k▲ 443%
The debt ratio rises from 9.6% to 39.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €27k
Cash flow
€41k▲
2024 · €24k
Solvency
60.9%▼
2024 · 90.4%
Current ratio
2.59▼
2024 · 6.16
Quick ratio
2.59▼
2024 · 6.16
Debt / equity
0.64▲
2024 · 0.11
ROE
24.6%▲
2024 · 10.5%
ROA
15.0%▲
2024 · 9.5%
Interest coverage
66.69▼
2024 · 175.24
Debt
€66k▲
2024 · €12k
Debt ≤ 1 year
€32k▲
2024 · €12k
Debt > 1 year
€34k
Income taxes
€6k▲
2024 · €3k
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€127k€169k▲
Fixed assets21/28€52k€85k▲
Tangible fixed assets22/27€52k€85k▲
Plant, machinery and equipment23€27k€66k▲
Furniture and vehicles24€25k€19k▼
Current assets29/58€75k€84k▲
Amounts receivable after more than one year29€20k€20k=
Other amounts receivable291€20k€20k=
Amounts receivable within one year40/41€8k€17k▲
Trade receivables40€4k€17k▲
Other amounts receivable41€4k€400▼
Cash at bank and in hand54/58€47k€46k▼
Deferred charges and accrued income490/1€499€321▼
Equity and liabilities
Total equity and liabilities10/49€127k€169k▲
Equity10/15€115k€103k▼
Contributions10/11€5k€5k=
Reserves13€110k€98k▼
Distributable reserves133€110k€98k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€12k€66k▲
Amounts payable after more than one year17-€34k
Financial debts170/4-€23k
Other amounts payable178/9-€11k
Amounts payable within one year42/48€12k€32k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€936€17k▲
Suppliers440/4€936€17k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€0€787▲
Gross operating margin9900€27k€48k▲
Operating profit (loss)9901€15k€32k▲
Financial charges65/66B€153€707▲
Recurring financial charges65€153€707▲
Profit (loss) for the period before taxes9903€15k€31k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€12k€25k▲
Profit (loss) for the period to be appropriated9905€12k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€25k▲
Transfer from equity791/2-€12k
Transfer to equity691/2€12k€0▼
To other reserves6921€12k€0▼
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (11 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼6.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.44
Current ratio from 2.69 to 7.44; short-term debt falls from €37k to €10k.
31-12
Financial
Equity above €100kEq €103k ▲14.5%
2 profitable years in a row build equity to €103k.
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.
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, Herve · 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.
Manaihant 664651 HerveGround area
844 m²
Building footprint
108 m²
Volume, LiDAR
652 m³
Parcel 63006C0321/00R000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Smhard Performances
since 20212.336.557.081
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006C0321/00R000 | Wallonia | 844 m² | 1 · 108 m² | 8.2 m · 2 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.
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COACH TO COMPETENCE
BE 0547.639.333
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Stal Eygenhof
BE 0598.892.846
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Of 13,490 companies in sector 85510 we hold annual accounts for 718. 512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2021
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
73110Advertising agencies
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.kilianhagen.be
E-mail:kilians.dietetique@gmail.com