Equity
€36,822 ▲ 49.2%
SMIDESIGN has made a profit without a break since 2022.
SMIDESIGN
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €157,538 (2013)
€43,959▲ 163%
lowest -€15,777 (2016)
€12,149▲ 506×
peak €36,822 (2025)
€36,822▲ 49.2%
€57,135▼ 20.9%
peak 2.9 FTE (2014)
-not published
Board2 names since 2003
1 directorHugo Smid
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Gross margin from €16,699 to €43,959Result from €24 to €12,149Equity from €24,673 to €36,822Debts from €72,259 to €57,135
Key points
from the 2025 annual accountsPayment terms
17 days to suppliers
SMIDESIGN pays its suppliers 26 days earlier than in 2024. Customers pay 13 days later.
Filings
22 annual accounts since 2004
Five of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Checked score
67
Healthy
Financially stronger than 55% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.6%▲ +0.4 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▼ -0.2 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -0.1 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.04
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Figures for financial year 2025 (filed on 23-07-2026)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 38% of them on solvency, 58% on liquidity, 51% on profitability and 75% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as SMIDESIGN has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SMIDESIGN itself is higher: 0.9% within 12 months. It rests on far more data about SMIDESIGN than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for SMIDESIGN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04 (0.8 in 2024), below the usual 1.5. Short-term debt is 33.6% of total assets. 60.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €36,822
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
25 days early
2023
23 days early
2022
31 days early
2021
10 days early
2020
16 days late
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Antwerp
New registered office: Houtdok Zuidkaai 17, 2000 Antwerpen · Previous registered office: Van Straelenstraat 104, 2060 Antwerpen · Appointment: Hugo Smid (director) · Gazette deed
Registered office moved to Antwerp
New registered office: Van Straelenstraat 104, 2060 Antwerpen · Previous registered office: lange winkelhaakstraat 26, 2060 · Board meeting of 25-04-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0862290705
Registered office moved to Antwerp
New registered office: lange winkelhaakstraat 26 te 2060 Antwerpen · Previous registered office: Duboistraat 50 Bus1 · Resignation: Els Kruyniers (director) · Board meeting of 02-11-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SMIDESIGN Antwerp | €196,364 | 13.2% | 39.2% | - |
| AHORN MILIEU - EN VEILIGHEIDADVIES Nijlen | €116,390 | 18.4% | 61.9% | - |
| ARCHITECTENBUREAU LUK MERTENS Brasschaat | - | - | 91.1% | - |
| ALKAR TECHNOLOGY Binche | - | - | -25.4% | - |
| COMPAGNIE SMITS van INNIS Yvoir | - | - | 97.3% | - |
| TIMBER MANAGEMENT Genappe | - | - | 78.8% | - |
| Bureau d’Etudes et d’Architecture Franz Dupont Etterbeek | - | - | 66.5% | - |
Grey: the largest companies of the sector (architecture and engineering (NACE 71)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SMIDESIGN: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €86,500 and €116,000, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 19-12-2003Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.134.707.9022060 Antwerp, since 06-01-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €93,957▼ 3.1%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on SMIDESIGN
SMIDESIGN files the abbreviated format. That format states no turnover. The gross margin fell from €61,302 in 2006 to €43,959 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SMIDESIGN
- What is the company number of SMIDESIGN?
- The company number of SMIDESIGN is 0862.290.705. The VAT number is the same number with BE in front: BE 0862.290.705.
- Where is SMIDESIGN based?
- The registered office is at Houtdok-Zuidkaai 17, 2000 Antwerp.Company details
- What does SMIDESIGN do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of SMIDESIGN?
- SMIDESIGN is a private limited company (BV).
- When was SMIDESIGN founded?
- SMIDESIGN was founded on 19-12-2003.
- Is SMIDESIGN still active?
- Yes, SMIDESIGN is an active enterprise in the KBO register.
- How many employees does SMIDESIGN have?
- SMIDESIGN had an average of 0.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of SMIDESIGN?
- The turnover of SMIDESIGN was €196,364 in financial year 2025, according to the filed annual accounts.
- Is SMIDESIGN profitable?
- In financial year 2025, SMIDESIGN made a profit of €12,149.
- Where can I find the annual accounts of SMIDESIGN?
- SMIDESIGN filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SMIDESIGN due?
- SMIDESIGN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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