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SMILLA

Active
Private limited companyfounded 20233 yrs activeGrote Markt 43, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1000.480.170
Summary

The computed 12-month bankruptcy probability of SMILLA is 2.3% (moderate). The 2024 annual accounts show equity of €34,309 and a net result of €31,309. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.88; short-term debt: 24.7% and cash: 29% of total assets), and 24.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 · 2 filings
Deviation from the deadline
2025
32 d early
2024
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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

SMILLA was incorporated on 29 September 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€34,309
Total assets
€45,553
Net result
€31,309
Working capital
€32,436

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

Balance-sheet composition
Assets €45,553
Fixed assets €1,873
Current assets €43,680
Equity and liabilities €45,553
Equity €34,309
Debt €11,244
Debt finances 24.7% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€39,987
Cash flow
€31,328
Current ratio
3.88
Debt to equity
0.33
ROE
91.3%
ROA
68.7%
Interest coverage
71.46
Debt ≤ 1 year
€11,244
Income taxes
€8,100

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.8%
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 39,278 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 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€45,553
Fixed assets21/28€1,873
Tangible fixed assets22/27€1,873
Furniture and vehicles24€1,873
Current assets29/58€43,680
Amounts receivable within one year40/41€16,215
Trade receivables40€16,214
Other amounts receivable41€1
Cash at bank and in hand54/58€13,204
Deferred charges and accrued income490/1€14,261
Equity and liabilities
Total equity and liabilities10/49€45,553
Equity10/15€34,309
Contributions10/11€3,000
Reserves13€31,309
Distributable reserves133€31,309
Amounts payable17/49€11,244
Amounts payable within one year42/48€11,244
Trade debts44€2,466
Suppliers440/4€2,466
Taxes, remuneration and social security45€8,723
Taxes450/3€6,623
Remuneration and social security454/9€2,100
Other amounts payable47/48€56
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19
Other operating charges640/8€185
Gross operating margin9900€40,171
Operating profit (loss)9901€39,968
Financial charges65/66B€560
Recurring financial charges65€560
Profit (loss) for the period before taxes9903€39,408
Income taxes67/77€8,100
Profit (loss) for the period9904€31,309
Profit (loss) for the period to be appropriated9905€31,309
Appropriation of the result
Profit (loss) to be appropriated9906€31,309
Transfer to equity691/2€31,309
To other reserves6921€31,309

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19
Other operating charges640/8€185
Gross operating margin9900€40,171
Operating profit (loss)9901€39,968
Financial charges65/66B€560
Recurring financial charges65€560
Profit (loss) for the period before taxes9903€39,408
Income taxes67/77€8,100
Profit (loss) for the period9904€31,309
Profit (loss) for the period to be appropriated9905€31,309
Line2024
Assets
Total assets20/58€45,553
Fixed assets21/28€1,873
Tangible fixed assets22/27€1,873
Furniture and vehicles24€1,873
Current assets29/58€43,680
Amounts receivable within one year40/41€16,215
Trade receivables40€16,214
Other amounts receivable41€1
Cash at bank and in hand54/58€13,204
Deferred charges and accrued income490/1€14,261
Equity and liabilities
Total equity and liabilities10/49€45,553
Equity10/15€34,309
Contributions10/11€3,000
Reserves13€31,309
Distributable reserves133€31,309
Amounts payable17/49€11,244
Amounts payable within one year42/48€11,244
Trade debts44€2,466
Suppliers440/4€2,466
Taxes, remuneration and social security45€8,723
Taxes450/3€6,623
Remuneration and social security454/9€2,100
Other amounts payable47/48€56
Line2024
Profit (loss) for the period9904€31,309
+ Depreciation and write-downs630€19
Operating cash flow (approximation)€31,328

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
369 m²
Building footprint
198 m²
Volume, LiDAR
1,702 m³
Parcel 73083C0736/00L000, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SMILLA
Grote Markt 43, 3700 Tongeren-BorgloonManufacture of chemicals and chemical products
since 20232.349.985.445
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73083C0736/00L000 Flanders 369 m² 1 · 198 m² 16.2 m · 3 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 5,219 companies in this sector we hold annual accounts for 3,862. 2,213 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded29-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
21201Manufacture of basic pharmaceutical products and pharmaceutical preparations
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47750Retail sale of cosmetics and toilet articles
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000480170
Also 9925:BE1000480170
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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