SMOUT
ActiveSummary
SMOUT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €613,257 and a net result of €49,537. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 81% of 462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+4
Solvency97▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 3.39 in 2024; short-term debt: 28.2% and cash: 32.4% of total assets), and 28.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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
71.8%
Return on assets
5.8%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
28 d late
2023
9 d late
2022
14 d early
2021
10 d late
2020
30 d late
2019
35 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 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, full schema
In the rankings
#6 employer in Lier, Administrative and support services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€49,537▲ 124%
2024 · €22,090
Working capital
€517,758▲ 10.1%
2024 · €470,276
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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€30,476€56,175▲ 84.3%€21,112▼ 62.4%€28,825▲ 36.5%€61,112▲ 112%
Net result€24,449within the sector's middle half€47,567within the sector's middle half▲ 94.6%€16,293within the sector's middle half▼ 65.7%€22,090within the sector's middle half▲ 35.6%€49,537within the sector's middle half▲ 124%
Equity€477,770within the sector's middle half▲ 5.4%€525,337within the sector's middle half▲ 10.0%€541,630within the sector's middle half▲ 3.1%€563,720within the sector's middle half▲ 4.1%€613,257within the sector's middle half▲ 8.8%
Total assets€709,894within the sector's middle half▼ 7.2%€742,015within the sector's middle half▲ 4.5%€742,902within the sector's middle half▲ 0.1%€760,694within the sector's middle half▲ 2.4%€854,464within the sector's middle half▲ 12.3%
Debt€232,124▼ 25.4%€216,678▼ 6.7%€201,272▼ 7.1%€196,974▼ 2.1%€241,207▲ 22.5%
Working capital€330,080▲ 16.5%€409,647▲ 24.1%€435,193▲ 6.2%€470,276▲ 8.1%€517,758▲ 10.1%
Solvency67.3%above the sector's middle half▲ 8.0pp70.8%above the sector's middle half▲ 3.5pp72.9%above the sector's middle half▲ 2.1pp74.1%above the sector's middle half▲ 1.2pp71.8%above the sector's middle half▼ 2.3pp
Staff (FTE)16above the sector's middle half▼ 1.8%15.6above the sector's middle half▼ 2.5%13.9above the sector's middle half▼ 10.9%14.1above the sector's middle half▲ 1.4%14.7within the sector's middle half▲ 4.3%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 112% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €854,464
Fixed assets
€95,499 ▲ 2.2%
Current assets
€758,965 ▲ 13.7%
Equity and liabilities €854,464
Equity
€613,257 ▲ 8.8%
Debt
€241,207 ▲ 22.5%
Debt's share of the balance-sheet total rises from 25.9% to 28.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97,829▲
2024 · €72,586
Cash flow
€86,254▲
2024 · €65,851
Current ratio
3.15▼
2024 · 3.39
Quick ratio
2.99▼
2024 · 3.20
Debt to equity
0.39▲
2024 · 0.35
ROE
8.1%▲
2024 · 3.9%
ROA
5.8%▲
2024 · 2.9%
Interest coverage
39.78▲
2024 · 30.58
Debt ≤ 1 year
€241,207▲
2024 · €196,974
Income taxes
€13,443▲
2024 · €7,888
Staff costs
€617,961▼
2024 · €629,108
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 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 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 20,129 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €7,000 | - | €6,612 | €826 | €200 | ▼ 75.8% |
| Remuneration, social security and pensions62 | €528,176 | €516,663 | €556,127 | €629,108 | €617,961 | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,539 | €68,241 | €50,550 | €43,761 | €36,717 | ▼ 16.1% |
| Other operating charges640/8 | €4,976 | €4,982 | €4,408 | €5,785 | €5,623 | ▼ 2.8% |
| Gross operating margin9900 | €625,167 | €646,061 | €632,197 | €707,479 | €721,413 | ▲ 2.0% |
| Operating profit (loss)9901 | €30,476 | €56,175 | €21,112 | €28,825 | €61,112 | ▲ 112% |
| Financial income75/76B | €328 | €3,066 | €1,280 | €3,527 | €4,327 | ▲ 22.7% |
| Recurring financial income75 | €328 | €3,066 | €1,280 | €3,527 | €4,327 | ▲ 22.7% |
| Financial charges65/66B | €1,641 | €653 | €1,704 | €2,374 | €2,459 | ▲ 3.6% |
| Recurring financial charges65 | €1,641 | €653 | €1,704 | €2,374 | €2,459 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €29,163 | €58,588 | €20,688 | €29,978 | €62,980 | ▲ 110% |
| Income taxes67/77 | €4,714 | €11,021 | €4,395 | €7,888 | €13,443 | ▲ 70.4% |
| Profit (loss) for the period9904 | €24,449 | €47,567 | €16,293 | €22,090 | €49,537 | ▲ 124% |
| Transfer from tax-exempt reserves789 | €40,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €64,449 | €47,567 | €16,293 | €22,090 | €49,537 | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €709,894 | €742,015 | €742,902 | €760,694 | €854,464 | ▲ 12.3% |
| Fixed assets21/28 | €174,851 | €133,905 | €115,599 | €93,444 | €95,499 | ▲ 2.2% |
| Tangible fixed assets22/27 | €171,321 | €130,375 | €112,069 | €89,914 | €91,969 | ▲ 2.3% |
| Plant, machinery and equipment23 | €77,189 | €74,821 | €76,808 | €59,439 | €40,374 | ▼ 32.1% |
| Furniture and vehicles24 | €52,715 | €24,886 | €14,211 | €10,916 | €6,717 | ▼ 38.5% |
| Other tangible fixed assets26 | €41,417 | €30,668 | €21,050 | €19,559 | €44,878 | ▲ 129% |
| Financial fixed assets28 | €3,530 | €3,530 | €3,530 | €3,530 | €3,530 | = |
| Current assets29/58 | €535,043 | €608,110 | €627,303 | €667,250 | €758,965 | ▲ 13.7% |
| Stocks and contracts in progress3 | €72,105 | €52,932 | €45,581 | €37,631 | €37,396 | ▼ 0.6% |
| Stocks30/36 | €72,105 | €52,932 | €45,581 | €37,631 | €37,396 | ▼ 0.6% |
| Amounts receivable within one year40/41 | €195,755 | €201,142 | €189,591 | €205,435 | €201,829 | ▼ 1.8% |
| Trade receivables40 | €182,690 | €189,159 | €164,847 | €173,096 | €169,473 | ▼ 2.1% |
| Other amounts receivable41 | €13,065 | €11,983 | €24,744 | €32,339 | €32,356 | ▲ 0.1% |
| Current investments50/53 | €35,828 | €58,323 | €143,894 | €192,394 | €241,817 | ▲ 25.7% |
| Cash at bank and in hand54/58 | €229,828 | €294,341 | €246,015 | €230,764 | €277,180 | ▲ 20.1% |
| Deferred charges and accrued income490/1 | €1,527 | €1,372 | €2,222 | €1,026 | €743 | ▼ 27.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €709,894 | €742,015 | €742,902 | €760,694 | €854,464 | ▲ 12.3% |
| Equity10/15 | €477,770 | €525,337 | €541,630 | €563,720 | €613,257 | ▲ 8.8% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €169,250 | €219,250 | €234,250 | €259,250 | €309,250 | ▲ 19.3% |
| Non-distributable reserves130/1 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Legal reserve130 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Tax-exempt reserves132 | €9,250 | €9,250 | €9,250 | €9,250 | €9,250 | = |
| Distributable reserves133 | €130,000 | €180,000 | €195,000 | €220,000 | €270,000 | ▲ 22.7% |
| Profit (loss) carried forward14 | €8,520 | €6,087 | €7,380 | €4,470 | €4,007 | ▼ 10.4% |
| Amounts payable17/49 | €232,124 | €216,678 | €201,272 | €196,974 | €241,207 | ▲ 22.5% |
| Amounts payable after more than one year17 | €27,161 | €18,215 | €9,162 | - | - | - |
| Financial debts170/4 | €27,161 | €18,215 | €9,162 | - | - | - |
| Amounts payable within one year42/48 | €204,963 | €198,463 | €192,110 | €196,974 | €241,207 | ▲ 22.5% |
| Current portion of amounts payable after more than one year42 | €8,840 | €8,945 | €9,053 | €9,162 | - | - |
| Trade debts44 | €120,458 | €125,805 | €107,058 | €101,014 | €131,106 | ▲ 29.8% |
| Suppliers440/4 | €120,458 | €125,805 | €107,058 | €101,014 | €131,106 | ▲ 29.8% |
| Taxes, remuneration and social security45 | €73,768 | €63,222 | €75,861 | €86,798 | €110,101 | ▲ 26.8% |
| Taxes450/3 | €7,109 | €20,688 | €18,462 | €15,111 | €20,467 | ▲ 35.4% |
| Remuneration and social security454/9 | €66,659 | €42,534 | €57,399 | €71,687 | €89,634 | ▲ 25.0% |
| Other amounts payable47/48 | €1,897 | €491 | €138 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,449 | €47,567 | €16,293 | €22,090 | €49,537 | ▲ 124% |
| + Depreciation and write-downs630 | €61,539 | €68,241 | €50,550 | €43,761 | €36,717 | ▼ 16.1% |
| Operating cash flow (approximation) | €85,988 | €115,808 | €66,843 | €65,851 | €86,254 | ▲ 31.0% |
| Investment in fixed assets (approximation) | - | -€27,295 | -€32,244 | -€21,606 | -€38,772 | ▼ 79.5% |
| Change in cash | - | €64,513 | -€48,326 | -€15,251 | €46,416 | ▲ 404% |
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
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €49,537 ▲124%
Operating result €61,112, net result €49,537, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €525,337 ▲10%
2 profitable years in a row build equity to €525,337.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Back to profitnet €24,449
Net result €24,449 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€24,603
Net result drops to -€24,603, the lowest in the series; recovery starts the following year.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lier · 1 establishment unit since 2002
Ground area
111 m²
Building footprint
111 m²
Volume, LiDAR
716 m³
Parcel 12019B0370/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Misstraat 92, 2500 Lier
since 20022.115.500.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12019B0370/00C000 | Flanders | 110 m² | 1 · 110 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 29,406 EUR awarded · 29,406 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 19,182 EUR | 19,182 EUR |
| 2024 | 2 | 10,224 EUR | 10,224 EUR |
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Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 2,424 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474209442
Also
9925:BE0474209442
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.