SMS GLOBAL LOGISTICS
ActiveThe computed 12-month bankruptcy probability of SMS GLOBAL LOGISTICS is 3.2% (moderate). The 2025 annual accounts show equity of €623 and a net result of €37k. Equity is shrinking by ~11.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 18% of 1807 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+77
Solvency16▼-51
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 4.89 in 2024), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1807 sector peers (2025).
NBB · sector comparisonPosition among 1807 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
13 d late
2024
29 d early
2023
16 d early
2022
7 d early
2021
20 d early
2020
31 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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37k
2024 · €-6k
2020: €-100k
2021: €-15k
2022: €-11k
2023: €-18k
2024: €-6k
2020 → 2025
Working capital
€-577
2024 · €4k
2020: €33k
2021: €29k
2022: €19k
2023: €317
2024: €4k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-96k-€-107k▼ 11.5%€-125k▼ 16.8%€-131k▼ 4.8%€623
Operating result€-15k-€-11k▲ 25.1%€-18k▼ 63.8%€-6k▲ 67.1%€37k
Net result€-15k-€-11k▲ 25.0%€-18k▼ 63.8%€-6k▲ 66.4%€37k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37k after a loss of €6k in 2024, the highest year so far.
Balance-sheet composition
Assets €5k
Fixed assets
€1k
Current assets
€4k
Equity and liabilities €5k
Equity
€623
Debt
€5k
Debt finances 87.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€37k▲
2024 · €-6k
Cash flow
€37k▲
2024 · €-6k
Solvency
12.1%▲
2024 · -2326.3%
Current ratio
0.87▼
2024 · 4.89
Quick ratio
0.87▼
2024 · 4.89
Debt / equity
7.24▲
2024 · -1.04
ROE
5931.5%▲
2024 · 4.6%
ROA
719.5%▲
2024 · -107.5%
Interest coverage
297.58▲
2024 · -43.46
Debt
€5k▼
2024 · €137k
Debt ≤ 1 year
€5k▲
2024 · €1k
Debt > 1 year
€0▼
2024 · €136k
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€6k€5k▼
Fixed assets21/28€0€1k▲
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28-€1k
Current assets29/58€6k€4k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€1k€2k▲
Other amounts receivable41€1k€795▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€6k€5k▼
Equity10/15€-131k€623▲
Contributions10/11€19k€114k▲
Profit (loss) carried forward14€-150k€-113k▲
Amounts payable17/49€137k€5k▼
Amounts payable after more than one year17€136k€0▼
Financial debts170/4€136k€0▼
Amounts payable within one year42/48€1k€5k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Other amounts payable47/48-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241€0▼
Gross operating margin9900€-6k€37k▲
Operating profit (loss)9901€-6k€37k▲
Financial charges65/66B€131€125▼
Recurring financial charges65€131€125▼
Profit (loss) for the period before taxes9903€-6k€37k▲
Profit (loss) for the period9904€-6k€37k▲
Profit (loss) for the period to be appropriated9905€-6k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-113k▲
Profit (loss) brought forward from the previous period14P€-144k€-150k▼
The notes to these accounts (12 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after 5 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 4.89
Current ratio from 1.29 to 4.89.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 10current ratio 13.31
Current ratio from 1.39 to 13.31; short-term debt falls from €86k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Grâce-Hollogne · 1 establishment unit since 2019
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.
Rue Sélys Longchamps(Jean de) 24460 Grâce-Hollogne1 establishment unit
SMS GLOBAL LOGISTICS
since 20192.300.766.853
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Of 12,436 companies in sector 49410 we hold annual accounts for 8,075. 518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.