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SMOOVED

Active
Private limited companyfounded 20197 yrs activeKolonel Begaultlaan 1A, 3012 Leuven, BelgiumKBO/BCE: BE 0722.904.277
Summary

The annual accounts of SMOOVED for fiscal year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €395,495 and a net result of -€647,315. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 2300 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency49▼-22
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.76 against 1.32 in 2024; short-term debt: 72.5% and cash: 19.7% of total assets), and 75.5% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€647,315
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 08-07-2026, 23 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
23 d early
2024
31 d early
2023
30 d late
2022
15 d early
2021
21 d late
2020
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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
27-09-2026 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

On 19 March 2019, SMOOVED was incorporated.1 Total assets went from EUR 490,146 in 2020 to EUR 1.6 million in 2025 and headcount from 0.6 to 13.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€395,495▼ 61.0%
2024 · €1.0m
Total assets
€1.6m▼ 26.2%
2024 · €2.2m
Net result
-€647,315▼ 25.0%
2024 · -€517,944
Working capital
-€283,954
2024 · €270,781
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€227,225▼ 99.7%€122,531-€648,105-€500,646▲ 22.8%-€619,569▼ 23.8%
Net result-€230,037below the sector's middle half▼ 96.5%€77,215within the sector's middle half-€663,574below the sector's middle half-€517,944below the sector's middle half▲ 21.9%-€647,315below the sector's middle half▼ 25.0%
Equity-€277,122below the sector's middle half▼ 489%€91,210within the sector's middle half€1.0mwithin the sector's middle half▲ 1,031%€1.0mwithin the sector's middle half▼ 1.7%€395,495within the sector's middle half▼ 61.0%
Total assets€822,062within the sector's middle half▲ 67.7%€887,223within the sector's middle half▲ 7.9%€1.7mwithin the sector's middle half▲ 93.3%€2.2mwithin the sector's middle half▲ 27.6%€1.6mwithin the sector's middle half▼ 26.2%
Debt€1.1m▲ 105%€796,013▼ 27.6%€682,915▼ 14.2%€1.2m▲ 71.8%€1.2m▲ 3.9%
Working capital€5,617▼ 97.8%-€167,627€257,808€270,781▲ 5.0%-€283,954
Solvency-33.7%below the sector's middle half▼ 24.1pp10.3%below the sector's middle half▲ 44.0pp60.2%within the sector's middle half▲ 49.9pp46.4%within the sector's middle half▼ 13.8pp24.5%within the sector's middle half▼ 21.9pp
Staff (FTE)3.9within the sector's middle half▲ 550%7.8within the sector's middle half▲ 100%11.6above the sector's middle half▲ 48.7%18.4above the sector's middle half▲ 58.6%13.2above the sector's middle half▼ 28.3%
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0€200,000Operating result 2021: -€227,225-€227,225Net result 2021: -€230,037-€230,037Operating result 2022: €122,531€122,531Net result 2022: €77,215€77,215Operating result 2023: -€648,105-€648,105Net result 2023: -€663,574-€663,574Operating result 2024: -€500,646-€500,646Net result 2024: -€517,944-€517,944Operating result 2025: -€619,569-€619,569Net result 2025: -€647,315-€647,31520212022202320242025-€800,000-€600,000-€400,000-€200,000€0Operating result 2023: -€648,105-€648,000Net result 2023: -€663,574-€664,000Operating result 2024: -€500,646-€501,000Net result 2024: -€517,944-€518,000Operating result 2025: -€619,569-€620,000Net result 2025: -€647,315-€647,000202320242025
The operating result stays negative: a loss of €619,569 in 2025 against €500,646 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €727,748 ▼ 32.7%
Current assets €886,557 ▼ 19.8%
Equity and liabilities €1.6m
Equity €395,495 ▼ 61.0%
Debt €1.2m ▲ 3.9%
Debt's share of the balance-sheet total rises from 53.6% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€291,328▼
2024 · -€205,366
Cash flow
-€319,074▼
2024 · -€222,664
Current ratio
0.76▼
2024 · 1.32
Debt to equity
3.08▲
2024 · 1.16
ROE
-163.7%▼
2024 · -51.1%
ROA
-40.1%▼
2024 · -23.7%
Interest coverage
-9.85▲
2024 · -11.53
Debt ≤ 1 year
€1.2m▲
2024 · €835,287
Debt > 1 year
€3,882▼
2024 · €257,408
Income taxes
€1,418▲
2024 · €1,283
Staff costs
€565,949▲
2024 · €493,141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 121 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 86% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
5.8% stopped otherwise
86% still going

A further 2.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 121 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 · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€1.6m▼
Fixed assets21/28€1.1m€727,748▼
Intangible fixed assets21€1.1m€703,654▼
Tangible fixed assets22/27€7,763€4,177▼
Furniture and vehicles24€7,763€4,177▼
Financial fixed assets28€19,917€19,917=
Current assets29/58€1.1m€886,557▼
Amounts receivable within one year40/41€378,810€564,069▲
Trade receivables40€365,063€562,957▲
Other amounts receivable41€13,746€1,112▼
Cash at bank and in hand54/58€665,927€317,418▼
Deferred charges and accrued income490/1€61,332€5,070▼
Equity and liabilities
Total equity and liabilities10/49€2.2m€1.6m▼
Equity10/15€1.0m€395,495▼
Contributions10/11€2.5m€2.5m▲
Profit (loss) carried forward14-€1.5m-€2.1m▼
Amounts payable17/49€1.2m€1.2m▲
Amounts payable after more than one year17€257,408€3,882▼
Financial debts170/4€257,408€3,882▼
Amounts payable within one year42/48€835,287€1.2m▲
Current portion of amounts payable after more than one year42€107,728€47,482▼
Financial debts43€15,362-
Other loans439€15,362-
Trade debts44€663,428€629,152▼
Suppliers440/4€663,428€629,152▼
Taxes, remuneration and social security45€48,012€93,877▲
Taxes450/3€7,498€17,450▲
Remuneration and social security454/9€40,514€76,427▲
Other amounts payable47/48€757€400,000▲
Accrued charges and deferred income492/3€80,635€44,417▼
Income statement Code20242025
Remuneration, social security and pensions62€493,141€565,949▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295,280€328,241▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8,487
Other operating charges640/8€118€2,230▲
Gross operating margin9900€287,893€285,338▼
Operating profit (loss)9901-€500,646-€619,569▼
Financial income75/76B€1,793€3,259▲
Recurring financial income75€1,793€3,259▲
Financial charges65/66B€17,807€29,587▲
Recurring financial charges65€17,807€29,587▲
Profit (loss) for the period before taxes9903-€516,660-€645,897▼
Income taxes67/77€1,283€1,418▲
Profit (loss) for the period9904-€517,944-€647,315▼
Profit (loss) for the period to be appropriated9905-€517,944-€647,315▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.5m-€2.1m▼
Profit (loss) brought forward from the previous period14P-€933,481-€1.5m▼
Social balance
Average headcount (FTE)908718.413.2▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€132,349€215,846€451,890€493,141€565,949▲ 14.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54,288€119,765€198,689€295,280€328,241▲ 11.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€8,487-
Other operating charges640/8€915€2,598€1,106€118€2,230▲ 1,790%
Non-recurring operating charges66A€605-----
Gross operating margin9900-€39,068€460,739€3,580€287,893€285,338▼ 0.9%
Operating profit (loss)9901-€227,225€122,531-€648,105-€500,646-€619,569▼ 23.8%
Financial income75/76B-€1,573€4,207€1,793€3,259▲ 81.8%
Recurring financial income75-€1,573€4,207€1,793€3,259▲ 81.8%
Financial charges65/66B€2,812€46,709€18,623€17,807€29,587▲ 66.1%
Recurring financial charges65€2,812€46,709€18,623€17,807€29,587▲ 66.1%
Profit (loss) for the period before taxes9903-€230,037€77,395-€662,522-€516,660-€645,897▼ 25.0%
Income taxes67/77-€180€1,052€1,283€1,418▲ 10.5%
Profit (loss) for the period9904-€230,037€77,215-€663,574-€517,944-€647,315▼ 25.0%
Profit (loss) for the period to be appropriated9905-€230,037€77,215-€663,574-€517,944-€647,315▼ 25.0%
Line20212022202320242025Change
Assets
Total assets20/58€822,062€887,223€1.7m€2.2m€1.6m▼ 26.2%
Fixed assets21/28€349,419€575,391€886,112€1.1m€727,748▼ 32.7%
Intangible fixed assets21€349,419€575,191€881,957€1.1m€703,654▼ 33.2%
Tangible fixed assets22/27--€4,155€7,763€4,177▼ 46.2%
Furniture and vehicles24--€4,155€7,763€4,177▼ 46.2%
Financial fixed assets28-€200€0€19,917€19,917=
Current assets29/58€472,643€311,832€828,597€1.1m€886,557▼ 19.8%
Amounts receivable within one year40/41€108,876€178,844€322,013€378,810€564,069▲ 48.9%
Trade receivables40€84,679€178,821€307,506€365,063€562,957▲ 54.2%
Other amounts receivable41€24,197€24€14,507€13,746€1,112▼ 91.9%
Cash at bank and in hand54/58€363,480€132,321€488,111€665,927€317,418▼ 52.3%
Deferred charges and accrued income490/1€287€667€18,474€61,332€5,070▼ 91.7%
Equity and liabilities
Total equity and liabilities10/49€822,062€887,223€1.7m€2.2m€1.6m▼ 26.2%
Equity10/15-€277,122€91,210€1.0m€1.0m€395,495▼ 61.0%
Contributions10/11€70,000€361,118€2.0m€2.5m€2.5m▲ 1.2%
Outside capital11€70,000-----
Other1109/19€70,000-----
Profit (loss) carried forward14-€347,122-€269,907-€933,481-€1.5m-€2.1m▼ 44.6%
Amounts payable17/49€1.1m€796,013€682,915€1.2m€1.2m▲ 3.9%
Amounts payable after more than one year17€632,159€316,553€108,923€257,408€3,882▼ 98.5%
Financial debts170/4€632,159€316,553€108,923€257,408€3,882▼ 98.5%
Amounts payable within one year42/48€467,026€479,460€570,790€835,287€1.2m▲ 40.1%
Current portion of amounts payable after more than one year42-€48,042€49,483€107,728€47,482▼ 55.9%
Financial debts43€153,155€257,949€24,458€15,362--
Credit institutions430/8€153,155€257,949€0---
Other loans439--€24,458€15,362--
Trade debts44€294,684€132,635€425,471€663,428€629,152▼ 5.2%
Suppliers440/4€294,684€132,635€425,471€663,428€629,152▼ 5.2%
Taxes, remuneration and social security45€18,835€40,083€70,622€48,012€93,877▲ 95.5%
Taxes450/3€1,622€11,731€12,705€7,498€17,450▲ 133%
Remuneration and social security454/9€17,213€28,353€57,916€40,514€76,427▲ 88.6%
Other amounts payable47/48€352€751€757€757€400,000▲ 52,756%
Accrued charges and deferred income492/3--€3,203€80,635€44,417▼ 44.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€230,037€77,215-€663,574-€517,944-€647,315▼ 25.0%
+ Depreciation and write-downs630€54,288€119,765€198,689€295,280€328,241▲ 11.2%
Operating cash flow (approximation)-€175,749€196,980-€464,884-€222,664-€319,074▼ 43.3%
Investment in fixed assets (approximation)--€345,736-€509,410-€490,262€25,105▲ 105%
Change in cash--€231,159€355,789€177,816-€348,509▼ 296%

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
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€663,574
Net result drops to -€663,574, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 1.45
Current ratio from 0.65 to 1.45.
31-12
Financial Equity above €1mEq €1.0m ▲1,031%
Equity rises from €91,210 to €1.0m.
16-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €77,215
Net result €77,215 after 2 loss-making years.
21-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
13 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, Leuven · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
8,983 m²
Building footprint
4,164 m²
Volume, LiDAR
63,164 m³
Parcel 24126D0179/00D002, Flanders · tallest building 24.7 m, ±5 floors. Linked by address, not a title deed.
24 companies at this address See who is registered here
1 establishment unit
SMOOVED
Kolonel Begaultlaan 1A, 3012 LeuvenOther software publishing
since 20192.286.620.986
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24126D0179/00D002 Flanders 8,983 m² 1 · 4,164 m² 24.7 m · 5 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.

Structure & network

Part of the group Capstone Partners 22 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Capstone Partners 50.01%
  2. MEDIACORE 53.45%
  3. Mediahuis Partners 54%
  4. MEDIAHUIS 100%
  5. WEBPLICATIONS 100%
  6. SMOOVED

Highest known parent: Capstone Partners. The sources do not say who stands above it.

Owners 1

Stated earlier (2)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of SMOOVED and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 1,350 EUR awarded · 1,344 EUR paid
Year Entries awardedpaid
2022 1 1,350 EUR1,344 EUR
Schemes
1 entry · 1,350 EUR · 1,344 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,125 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
Founded19-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82200Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
82990Other business support services
Contact
Website www.smooved.beLeuven
E-invoicing
Reachable via Peppol
Peppol ID 0208:0722904277
Also 9925:BE0722904277
Registered 24-03-2026

Register as of 27 September 2026 · Peppol Directory

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