Smile Design

Active

Private limited companyfounded 20224 yrs activeChaussée de Marche 6, 5330 Assesse, BelgiumKBO/BCE: BE 0782.593.921

Summary

Smile Design has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €19k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Watch Print / PDF

Checked score

Score 2025

72 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability99▲+63

Solvency59▼-41

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity short (current ratio 0.82 against 7.74 in 2024; short-term debt: 65.7% and cash: 35.8% of total assets), and 65.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 32

Relative position

BE, all sectors

reference

Sector 32

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

34.3%

Return on assets

24.5%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 filings

Deviation from the deadline

2025

30 d late

2024

21 d late

2023

14 d late

2022

31 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€27k▼ 37.1%

2024 · €43k

2022: €36k 2023: €45k 2024: €43k

2022 → 2025

Total assets

€79k▲ 62.1%

2024 · €49k

2022: €49k 2023: €61k 2024: €49k

2022 → 2025

Net result

€19k

2024 · €-2k

2022: €33k 2023: €9k 2024: €-2k

2022 → 2025

Working capital

€-10k

2024 · €38k

2022: €30k 2023: €39k 2024: €38k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€36k-€45k▲ 24.7%€43k▼ 3.5%€27k▼ 37.1%

Operating result€45k-€13k▼ 71.1%€-898€26k

Net result€33k-€9k▼ 73.5%€-2k€19k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €26k after a loss of €898 in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €79k

46.4%

53.6%

Fixed assets €37k ▲ 678%

Current assets €42k ▼ 3.8%

Equity and liabilities €79k

34.3%

65.7%

Equity €27k ▼ 37.1%

Debt €52k ▲ 813%

Debt's share of the balance-sheet total rises from 11.7% to 65.7%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€36k▲

2024 · €2k

Cash flow

€29k▲

2024 · €2k

Current ratio

0.82▼

2024 · 7.74

Debt to equity

1.92▲

2024 · 0.13

ROE

71.4%▲

2024 · -3.7%

ROA

24.5%▲

2024 · -3.2%

Interest coverage

45.15▲

2024 · 2.60

Debt ≤ 1 year

€52k▲

2024 · €6k

Income taxes

€6k▲

2024 · €350

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Balance sheet Code20242025

Assets

Total assets20/58€49k€79k▲

Fixed assets21/28€5k€37k▲

Tangible fixed assets22/27€5k€37k▲

Plant, machinery and equipment23€4k€37k▲

Furniture and vehicles24€266-

Current assets29/58€44k€42k▼

Amounts receivable after more than one year29€30k-

Other amounts receivable291€30k-

Amounts receivable within one year40/41€2k€13k▲

Trade receivables40€2k€13k▲

Other amounts receivable41€133-

Cash at bank and in hand54/58€12k€28k▲

Deferred charges and accrued income490/1€576€678▲

Equity and liabilities

Total equity and liabilities10/49€49k€79k▲

Equity10/15€43k€27k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€41k€25k▼

Amounts payable17/49€6k€52k▲

Amounts payable within one year42/48€6k€52k▲

Trade debts44€2k€8k▲

Suppliers440/4€2k€8k▲

Taxes, remuneration and social security45€4k€7k▲

Taxes450/3€4k€7k▲

Other amounts payable47/48€96€37k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲

Other operating charges640/8-€117

Gross operating margin9900€2k€36k▲

Operating profit (loss)9901€-898€26k▲

Financial income75/76B€576€0▼

Recurring financial income75€576€0▼

Financial charges65/66B€905€803▼

Recurring financial charges65€905€803▼

Profit (loss) for the period before taxes9903€-1k€26k▲

Income taxes67/77€350€6k▲

Profit (loss) for the period9904€-2k€19k▲

Profit (loss) for the period to be appropriated9905€-2k€19k▲

Appropriation of the result

Profit (loss) to be appropriated9906€41k€60k▲

Profit (loss) brought forward from the previous period14P€42k€41k▼

Profit to be distributed694/7-€35k

Return on contributions (dividend)694-€35k

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

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 30 days late

2025

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

21-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 21 days late

2024

31-12

Financial Weakest financial yearnet €-2k ▼118%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity doublescurrent ratio 7.74

Current ratio from 3.33 to 7.74; short-term debt falls from €17k to €6k.

14-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 14 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Assesse · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Chaussée de Marche 65330 Assesse

Ground area

4,316 m²

Building footprint

834 m²

2 parcels, Wallonia. Linked by address, not a title deed.

1 establishment unit

Rue du Moulin 1, 5030 Gembloux

Manufacture of medical and dental instruments and supplies

since 20222.328.340.785

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92006C0017/00B002	Wallonia	3,529 m²	1 · 107 m²	-
92053D0224/00P000	Wallonia	787 m²	1 · 726 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Studio Dental Lab

BE 1003.489.447

Sint-Jans-Molenbeek · Eq €26,887

Rixensart · Eq €27,905

OPSTAP

BE 1004.097.478

Lievegem · Eq €25,802

Of 1,249 companies in sector 32500 we hold annual accounts for 694. 390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-02-2022

Fiscal year end31-12

Activities, NACEBEL 2025

32500Manufacture of medical and dental instruments and supplies

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.