SMOOTHLY
ActiveSummary
SMOOTHLY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €15k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+8
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 7.86 against 2.65 in 2024; short-term debt: 11.2% and cash: 45.8% of total assets), and 11.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
88.6%
Return on assets
17.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-09-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
2 d early
2023
19 d early
2022
133 d early
2021
5 d early
2020
8 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▲ 24.8%
2024 · €59k
Total assets
€83k▼ 9.7%
2024 · €91k
Net result
€15k▲ 42.1%
2024 · €10k
Working capital
€63k▲ 17.1%
2024 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k▼ 36.3%€11k▲ 114%€16k▲ 46.7%€15k▼ 5.5%€21k▲ 37.3%
Net result€2k▼ 57.4%€7k▲ 208%€11k▲ 58.3%€10k▼ 2.9%€15k▲ 42.1%
Equity€31k▲ 7.4%€38k▲ 21.3%€48k▲ 27.8%€59k▲ 21.1%€73k▲ 24.8%
Total assets€94k▼ 15.2%€100k▲ 6.3%€102k▲ 2.7%€91k▼ 10.7%€83k▼ 9.7%
Debt€63k▼ 23.2%€62k▼ 1.2%€54k▼ 12.7%€33k▼ 39.3%€9k▼ 71.4%
Working capital€19k▲ 57.2%€29k▲ 58.6%€43k▲ 46.6%€54k▲ 25.7%€63k▲ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€10k ▲ 119%
Current assets
€73k ▼ 16.4%
Equity and liabilities €83k
Equity
€73k ▲ 24.8%
Debt
€9k ▼ 71.4%
Debt's share of the balance-sheet total falls from 35.9% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €19k
Cash flow
€17k▲
2024 · €14k
Current ratio
7.86▲
2024 · 2.65
Debt to equity
0.13▼
2024 · 0.56
ROE
19.9%▲
2024 · 17.5%
ROA
17.6%▲
2024 · 11.2%
Interest coverage
182.50▲
2024 · 149.17
Debt ≤ 1 year
€9k▼
2024 · €33k
Income taxes
€6k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €4k | €5k | €4k | €2k | ▼ 45.7% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 9.4% |
| Gross operating margin9900 | €18k | €16k | €22k | €20k | €24k | ▲ 19.0% |
| Operating profit (loss)9901 | €5k | €11k | €16k | €15k | €21k | ▲ 37.3% |
| Financial income75/76B | - | - | - | €130 | €331 | ▲ 153% |
| Recurring financial income75 | €0 | - | - | €130 | €331 | ▲ 153% |
| Financial charges65/66B | - | €148 | €206 | €128 | €125 | ▼ 2.3% |
| Recurring financial charges65 | €301 | €148 | €206 | €128 | €125 | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | €5k | €11k | €16k | €15k | €21k | ▲ 38.7% |
| Income taxes67/77 | €3k | €4k | €5k | €5k | €6k | ▲ 31.3% |
| Profit (loss) for the period9904 | €2k | €7k | €11k | €10k | €15k | ▲ 42.1% |
| Profit (loss) for the period to be appropriated9905 | €2k | €7k | €11k | €10k | €15k | ▲ 42.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94k | €100k | €102k | €91k | €83k | ▼ 9.7% |
| Fixed assets21/28 | €13k | €8k | €5k | €5k | €10k | ▲ 119% |
| Tangible fixed assets22/27 | €13k | €8k | €5k | €4k | €10k | ▲ 121% |
| Furniture and vehicles24 | - | €7k | €4k | €584 | €7k | ▲ 1,079% |
| Other tangible fixed assets26 | - | €2k | €1k | €4k | €3k | ▼ 24.0% |
| Financial fixed assets28 | €65 | €65 | €65 | €65 | €65 | = |
| Current assets29/58 | €81k | €91k | €97k | €87k | €73k | ▼ 16.4% |
| Amounts receivable within one year40/41 | €43k | €40k | €43k | €38k | €34k | ▼ 10.5% |
| Trade receivables40 | - | €40k | €43k | €38k | €34k | ▼ 10.5% |
| Other amounts receivable41 | - | €0 | €47 | €0 | - | - |
| Cash at bank and in hand54/58 | €37k | €51k | €53k | €48k | €38k | ▼ 21.6% |
| Deferred charges and accrued income490/1 | - | €720 | €816 | €970 | €1k | ▲ 16.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94k | €100k | €102k | €91k | €83k | ▼ 9.7% |
| Equity10/15 | €31k | €38k | €48k | €59k | €73k | ▲ 24.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €25k | €32k | €42k | €52k | €67k | ▲ 27.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €30k | €40k | €52k | €67k | ▲ 27.8% |
| Profit (loss) carried forward14 | €152 | €152 | €152 | €152 | €152 | = |
| Amounts payable17/49 | €63k | €62k | €54k | €33k | €9k | ▼ 71.4% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €63k | €62k | €54k | €33k | €9k | ▼ 71.8% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Financial debts43 | - | - | €157 | €0 | - | - |
| Credit institutions430/8 | - | - | €157 | €0 | - | - |
| Trade debts44 | €6k | €18k | €18k | €1k | €2k | ▲ 70.3% |
| Suppliers440/4 | - | €18k | €18k | €1k | €2k | ▲ 70.3% |
| Taxes, remuneration and social security45 | - | €7k | €6k | €8k | €5k | ▼ 42.2% |
| Taxes450/3 | - | €7k | €6k | €6k | €5k | ▼ 21.4% |
| Remuneration and social security454/9 | - | €0 | - | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €37k | €30k | €24k | €3k | ▼ 89.3% |
| Accrued charges and deferred income492/3 | - | €37 | €38 | €43 | €142 | ▲ 227% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €7k | €11k | €10k | €15k | ▲ 42.1% |
| + Depreciation and write-downs630 | €12k | €4k | €5k | €4k | €2k | ▼ 45.7% |
| Operating cash flow (approximation) | €14k | €11k | €15k | €14k | €17k | ▲ 17.1% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-3k | €-8k | ▼ 132% |
| Change in cash | - | €14k | €2k | €-5k | €-10k | ▼ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €15k ▲42.1%
Operating result €21k, net result €15k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 7.86
Current ratio from 2.65 to 7.86; short-term debt falls from €33k to €9k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €2k ▼57.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full 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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Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2007
Ground area
379 m²
Building footprint
90 m²
Volume, LiDAR
507 m³
Parcel 25110D0883/00_000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SMOOTHLY
since 20072.167.544.281
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110D0883/00_000 | Wallonia | 379 m² | 1 · 90 m² | 7.8 m · 2 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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,926 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2007
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.