SML GROUP
ActiveThe computed 12-month bankruptcy probability of SML GROUP is 2.0% (moderate). The 2025 annual accounts show equity of €65k and a net result of €14k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 7778 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+52
Solvency78▲+17
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.41 in 2024; short-term debt: 34.6% and cash: 10.1% of total assets), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
53.4%
Return on assets
11.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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 · 5 filingsDeviation from the deadline
2025
47 d late
2024
61 d late
2023
133 d late
2022
23 d early
2021
17 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€65k▲ 27.2%
2024 · €51k
2021: €5k
2022: €41k
2023: €63k
2024: €51k
2021 → 2025
Total assets
€122k▼ 15.2%
2024 · €144k
2021: €27k
2022: €120k
2023: €140k
2024: €144k
2021 → 2025
Net result
€14k
2024 · €-12k
2021: €2k
2022: €37k
2023: €22k
2024: €-12k
2021 → 2025
Working capital
€31k▲ 99.1%
2024 · €16k
2021: €4k
2022: €30k
2023: €46k
2024: €16k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€41k▲ 779%€63k▲ 53.2%€51k▼ 18.8%€65k▲ 27.2%
Operating result€3k-€48k▲ 1,808%€30k▼ 38.2%€-9k€20k
Net result€2k-€37k▲ 2,062%€22k▼ 39.9%€-12k€14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€49k▼ 45.8%
Current assets
€74k▲ 35.2%
Equity and liabilities €122k
Equity
€65k▲ 27.2%
Debt
€57k▼ 38.6%
The debt ratio falls from 64.4% to 46.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2024 · €11k
Cash flow
€32k▲
2024 · €8k
Solvency
53.4%▲
2024 · 35.6%
Current ratio
1.74▲
2024 · 1.41
Quick ratio
1.74▲
2024 · 1.41
Debt / equity
0.87▼
2024 · 1.81
ROE
21.4%▲
2024 · -23.2%
ROA
11.4%▲
2024 · -8.3%
Interest coverage
7.26▲
2024 · 2.66
Debt
€57k▼
2024 · €93k
Debt ≤ 1 year
€42k▲
2024 · €39k
Debt > 1 year
€15k▼
2024 · €54k
Income taxes
€954
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€144k€122k▼
Fixed assets21/28€90k€49k▼
Tangible fixed assets22/27€90k€49k▼
Land and buildings22€792€671▼
Furniture and vehicles24€89k€48k▼
Current assets29/58€54k€74k▲
Amounts receivable within one year40/41€36k€61k▲
Trade receivables40€30k€57k▲
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€18k€12k▼
Deferred charges and accrued income490/1€460-
Equity and liabilities
Total equity and liabilities10/49€144k€122k▼
Equity10/15€51k€65k▲
Contributions10/11€3k€3k=
Reserves13€38k€38k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€10k€24k▲
Amounts payable17/49€93k€57k▼
Amounts payable after more than one year17€54k€15k▼
Financial debts170/4€54k€15k▼
Amounts payable within one year42/48€39k€42k▲
Current portion of amounts payable after more than one year42€32k€24k▼
Trade debts44€514€5k▲
Suppliers440/4€514€5k▲
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€215€2k▲
Income statement
Code20242025
Non-recurring operating income76A€285€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Other operating charges640/8€63€704▲
Gross operating margin9900€11k€39k▲
Operating profit (loss)9901€-9k€20k▲
Financial income75/76B€851€192▼
Recurring financial income75€851€192▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-12k€15k▲
Income taxes67/77-€954
Profit (loss) for the period9904€-12k€14k▲
Profit (loss) for the period to be appropriated9905€-12k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€24k▲
Profit (loss) brought forward from the previous period14P€22k€10k▼
The notes to these accounts (9 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
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-12k ▼154%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 133 days late
2023
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €37k ▲2062%
Operating result €48k, net result €37k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
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, Heusden-Zolder · 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.
Edward Staintonstraat 183550 Heusden-ZolderGround area
726 m²
Building footprint
94 m²
Volume, LiDAR
529 m³
Parcel 71502B0101/00X000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SML GROUP
since 20212.312.601.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502B0101/00X000 | Flanders | 726 m² | 1 · 94 m² | 9.3 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesSML GROUP BV45962
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,736 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0493385537