SMIT ADVICE
ActiveSummary
SMIT ADVICE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €621,664 and a net result of €50,037. Equity is growing by ~23.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Employment placement agencies
NACE 78100NACE 74501
#4 oldest company in Gavere, Administrative and support services sector1 site
How big
€641,929total assets 2026
- Equity
- €621,664
- Profit
- €50,037
Who decides
Accounts 148 d early0 of 3 deeds read
Why 85+ Long track record+ Annual accounts: healthy financial profile+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2026
Axes · tick = 2025
Profitability78▼-22
Solvency100=
Growth64=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 8.42 against 6.1 in 2025; short-term debt: 3.1% and cash: 13.4% of total assets), and 3.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2026Solvency, return and age of the figures
Solvency
96.8%
Return on assets
7.8%
Age of the figures
6 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 05-06-2026, 148 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
148 d early
2025
11 d early
2024
10 d early
2023
1 d early
2022
3 d late
2021
10 d early
2020
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 21 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · micro…
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €213,942 ▲184%
Financials
Fiscal year 2026Total assets €641,929Profit €50,037Solvency 96.8%Liquidity 8.42
Turnover
€134,000▲ 1.5%
2022 - 2023
Net result
€50,037▼ 76.6%
2019 - 2026
Equity
€621,664▲ 8.6%
2019 - 2026
Solvency
96.8%▲ 3.4pp
2019 - 2026
Financials · fiscal year 2026, micro schema
In the rankings
#4 oldest company in Gavere, Administrative and support services sector#7 company by equity in Gavere, Administrative and support services sector#10 company by total assets in Gavere, Administrative and support services sector
Source amounts without an identifiable currency are assumed to be EUR.
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€132,000€134,000▲ 1.5%
Operating result€117,535▼ 14.5%€30,870▼ 73.7%€106,199▲ 244%€298,927▲ 181%€85,702▼ 71.3%
Net result€79,102within the sector's middle half▼ 8.5%€14,761within the sector's middle half▼ 81.3%€75,325above the sector's middle half▲ 410%€213,942above the sector's middle half▲ 184%€50,037▼ 76.6%
EBIT margin89.0%23.0%▼ 66.0pp
Equity€294,120within the sector's middle half▲ 36.3%€308,080within the sector's middle half▲ 4.7%€359,350above the sector's middle half▲ 16.6%€572,460above the sector's middle half▲ 59.3%€621,664▲ 8.6%
Total assets€476,858within the sector's middle half▼ 11.9%€440,529below the sector's middle half▼ 7.6%€406,665above the sector's middle half▼ 7.7%€612,438above the sector's middle half▲ 50.6%€641,929▲ 4.8%
Debt€182,738▼ 44.7%€132,448▼ 27.5%€47,315▼ 64.3%€39,978▼ 15.5%€20,265▼ 49.3%
Working capital-€130,405below the sector's middle half▲ 50.8%-€78,082below the sector's middle half▲ 40.1%-€14,282below the sector's middle half▲ 81.7%€157,946above the sector's middle half€146,639▼ 7.2%
Solvency61.7%above the sector's middle half▲ 21.8pp69.9%above the sector's middle half▲ 8.3pp88.4%above the sector's middle half▲ 18.4pp93.5%above the sector's middle half▲ 5.1pp96.8%▲ 3.4pp
Current ratio0.26below the sector's middle half▲ 0.080.38below the sector's middle half▲ 0.120.69below the sector's middle half▲ 0.316.10above the sector's middle half▲ 5.408.42▲ 2.32
Return on assets (ROA)16.6%above the sector's middle half▲ 0.6pp3.4%within the sector's middle half▼ 13.2pp18.5%within the sector's middle half▲ 15.2pp34.9%above the sector's middle half▲ 16.4pp7.8%▼ 27.1pp
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 71% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €641,929
Fixed assets
€475,519 ▲ 12.3%
Current assets
€166,410 ▼ 11.9%
Equity and liabilities €641,929
Equity
€621,664 ▲ 8.6%
Debt
€20,265 ▼ 49.3%
Debt's share of the balance-sheet total falls from 6.5% to 3.2%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€122,516▼
2025 · €328,360
Cash flow
€86,851▼
2025 · €243,375
Debt to equity
0.03▼
2025 · 0.07
ROE
8.0%▼
2025 · 37.4%
Interest coverage
12.20▼
2025 · 25.29
Debt ≤ 1 year
€19,771▼
2025 · €30,993
Income taxes
€25,706▼
2025 · €72,116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 20,134 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.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €241,527 | €168,070 | - | - | - | - |
| Turnover70 | €132,000 | €134,000 | - | - | - | - |
| Other operating income74 | €109,527 | €21,652 | - | - | - | - |
| Non-recurring operating income76A | €0 | €12,419 | €0 | - | - | - |
| Operating charges60/66A | €123,992 | €137,200 | - | - | - | - |
| Services and other goods61 | €88,085 | €100,450 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,268 | €34,430 | €31,290 | €29,433 | €36,814 | ▲ 25.1% |
| Other operating charges640/8 | €3,638 | €2,320 | €2,081 | €2,587 | €2,080 | ▼ 19.6% |
| Gross operating margin9900 | - | - | €139,570 | €330,947 | €124,595 | ▼ 62.4% |
| Operating profit (loss)9901 | €117,535 | €30,870 | €106,199 | €298,927 | €85,702 | ▼ 71.3% |
| Financial income75/76B | - | - | €0 | €113 | €82 | ▼ 27.5% |
| Recurring financial income75 | - | - | €0 | €113 | €82 | ▼ 27.5% |
| Financial charges65/66B | €9,033 | €8,765 | €2,910 | €12,982 | €10,040 | ▼ 22.7% |
| Recurring financial charges65 | €9,033 | €8,765 | €2,910 | €12,982 | €10,040 | ▼ 22.7% |
| Debt charges650 | €7,655 | €7,507 | - | - | - | - |
| Other financial charges652/9 | €1,378 | €1,257 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €108,502 | €22,105 | €103,289 | €286,058 | €75,744 | ▼ 73.5% |
| Transfer from deferred taxes780 | €730 | €0 | - | - | - | - |
| Income taxes67/77 | €30,130 | €7,345 | €27,964 | €72,116 | €25,706 | ▼ 64.4% |
| Taxes670/3 | €30,130 | €7,345 | - | - | - | - |
| Profit (loss) for the period9904 | €79,102 | €14,761 | €75,325 | €213,942 | €50,037 | ▼ 76.6% |
| Profit (loss) for the period to be appropriated9905 | €79,102 | €14,761 | €75,325 | €213,942 | €50,037 | ▼ 76.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €476,858 | €440,529 | €406,665 | €612,438 | €641,929 | ▲ 4.8% |
| Fixed assets21/28 | €431,906 | €392,895 | €374,434 | €423,499 | €475,519 | ▲ 12.3% |
| Tangible fixed assets22/27 | €431,906 | €392,895 | €374,434 | €423,499 | €475,519 | ▲ 12.3% |
| Land and buildings22 | €415,779 | €385,638 | €364,951 | €410,152 | €463,706 | ▲ 13.1% |
| Plant, machinery and equipment23 | €6,710 | €3,353 | €2,923 | €3,824 | €2,855 | ▼ 25.3% |
| Furniture and vehicles24 | €9,417 | €3,903 | €6,560 | €9,523 | €8,958 | ▼ 5.9% |
| Current assets29/58 | €44,952 | €47,634 | €32,231 | €188,939 | €166,410 | ▼ 11.9% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €77 | €63 | €216 | €10,098 | €9 | ▼ 99.9% |
| Trade receivables40 | €0 | - | - | - | €9 | - |
| Other amounts receivable41 | €77 | €63 | €216 | €10,098 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €80,000 | €77,531 | ▼ 3.1% |
| Cash at bank and in hand54/58 | €43,691 | €46,441 | €28,439 | €95,401 | €86,084 | ▼ 9.8% |
| Deferred charges and accrued income490/1 | €1,184 | €1,130 | €3,576 | €3,440 | €2,785 | ▼ 19.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €476,858 | €440,529 | €406,665 | €612,438 | €641,929 | ▲ 4.8% |
| Equity10/15 | €294,120 | €308,080 | €359,350 | €572,460 | €621,664 | ▲ 8.6% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €275,570 | €289,530 | €340,800 | €553,910 | €603,114 | ▲ 8.9% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €0 | - | - | - |
| Tax-exempt reserves132 | €24,700 | €24,700 | €24,700 | €24,700 | €24,700 | = |
| Distributable reserves133 | €249,015 | €262,975 | €316,100 | €529,210 | €578,414 | ▲ 9.3% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Deferred taxes168 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €182,738 | €132,448 | €47,315 | €39,978 | €20,265 | ▼ 49.3% |
| Amounts payable within one year42/48 | €175,357 | €125,716 | €46,514 | €30,993 | €19,771 | ▼ 36.2% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Financial debts43 | - | - | €352 | €0 | - | - |
| Credit institutions430/8 | - | - | €352 | €0 | - | - |
| Trade debts44 | €7,184 | €4,611 | €3,708 | €5,525 | €1,106 | ▼ 80.0% |
| Suppliers440/4 | €7,184 | €4,611 | €3,708 | €5,525 | €1,106 | ▼ 80.0% |
| Taxes, remuneration and social security45 | €38,528 | €12,938 | €37,662 | €10,214 | €15,776 | ▲ 54.5% |
| Taxes450/3 | €38,528 | €12,938 | €37,662 | €10,214 | €15,776 | ▲ 54.5% |
| Other amounts payable47/48 | €129,644 | €108,167 | €4,791 | €15,254 | €2,889 | ▼ 81.1% |
| Accrued charges and deferred income492/3 | €7,381 | €6,732 | €801 | €8,986 | €494 | ▼ 94.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,102 | €14,761 | €75,325 | €213,942 | €50,037 | ▼ 76.6% |
| + Depreciation and write-downs630 | €32,268 | €34,430 | €31,290 | €29,433 | €36,814 | ▲ 25.1% |
| Operating cash flow (approximation) | €111,370 | €49,190 | €106,614 | €243,375 | €86,851 | ▼ 64.3% |
| Investment in fixed assets (approximation) | - | €4,581 | -€12,829 | -€78,498 | -€88,834 | ▼ 13.2% |
| Change in cash | - | €2,751 | -€18,002 | €66,962 | -€9,316 | ▼ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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BE 0454.663.546
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Of 2,357 companies in this sector we hold annual accounts for 1,365. 816 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 05-06-2026Next filing 31-10-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €213,942 ▲184%
Operating result €298,927, net result €213,942, both a record.
31-03
Financial
Liquidity times 9current ratio 6.10
Current ratio from 0.69 to 6.10; short-term debt falls from €46,514 to €30,993.
31-03
Financial
Equity above €500,000Eq €572,460 ▲59.3%
7 profitable years in a row build equity to €572,460.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
31-03
Financial
Equity above €200,000Eq €209,367 ▲63.2%
2 profitable years in a row build equity to €209,367.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Support & recognitions
1 register with a recognitionLEI issued
LEI
active
8755008MB08PTFIWSN44
Recognitions · licences · registrations
Legal Entity Identifier
8755008MB08PTFIWSN44
Company details
Private limited company · founded 15-01-1990Year ends 31-03Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded15-01-1990
Fiscal year end31-03
Activities, NACEBEL 2025
78100Employment placement agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439870650
Also
9925:BE0439870650
Registered
23-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Gavere · 1 establishment unit since 1990
Ground area
4,437 m²
Building footprint
556 m²
Volume, LiDAR
3,456 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SMIT ADVICE
since 1990unit no. 2.047.285.463
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44016A0256/00D000 | Flanders | 2,340 m² | 1 · 419 m² | 11.1 m · 2 fl. |
| 44016A0256/00C000 | Flanders | 2,097 m² | 1 · 138 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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