SMSTORAGE
ActiveSummary
The annual accounts of SMSTORAGE for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €10k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 721 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-30
Solvency31▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 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 0.77 against 0.82 in 2024; short-term debt: 84.3% and cash: 48.7% of total assets), and 93.6% 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.
−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 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.4%
Return on assets
-7.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 721 sector peers (2025).
NBB · sector comparisonPosition among 721 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
61 d late
2022
32 d late
2021
61 d late
2020
111 d late
2019
90 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10k▼ 55.3%
2024 · €21k
2018: €-51k
2019: €-27k
2020: €-5k
2021: €13k
2022: €19k
2023: €16k
2024: €21k
2018 → 2025
Total assets
€149k▼ 15.5%
2024 · €176k
2018: €120k
2019: €119k
2020: €120k
2021: €138k
2022: €166k
2023: €194k
2024: €176k
2018 → 2025
Net result
€-12k
2024 · €5k
2018: €-17k
2019: €25k
2020: €22k
2021: €18k
2022: €6k
2023: €-3k
2024: €5k
2018 → 2025
Working capital
€-29k▼ 22.2%
2024 · €-24k
2018: €-55k
2019: €-43k
2020: €-19k
2021: €4k
2022: €-3k
2023: €-35k
2024: €-24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€19k▲ 43.3%€16k▼ 14.1%€21k▲ 33.1%€10k▼ 55.3%
Operating result€21k-€11k▼ 49.1%€-135€10k€-11k
Net result€18k-€6k▼ 68.0%€-3k€5k€-12k
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 turns negative in 2025: a loss of €11k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€53k ▼ 23.9%
Current assets
€96k ▼ 10.2%
Equity and liabilities €149k
Equity
€10k ▼ 55.3%
Debt
€139k ▼ 10.1%
Debt's share of the balance-sheet total rises from 87.9% to 93.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €26k
Cash flow
€5k▼
2024 · €22k
Current ratio
0.77▼
2024 · 0.82
Quick ratio
0.62▼
2024 · 0.68
Debt to equity
14.63▲
2024 · 7.28
ROE
-123.5%▼
2024 · 24.9%
ROA
-7.9%▼
2024 · 3.0%
Interest coverage
4.07▼
2024 · 10.13
Debt ≤ 1 year
€126k▼
2024 · €131k
Debt > 1 year
€14k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€176k€149k▼
Fixed assets21/28€69k€53k▼
Tangible fixed assets22/27€69k€53k▼
Furniture and vehicles24€47k€34k▼
Other tangible fixed assets26€22k€19k▼
Financial fixed assets28€11-
Current assets29/58€107k€96k▼
Stocks and contracts in progress3€18k€18k=
Stocks30/36€18k€18k=
Amounts receivable within one year40/41€6k€4k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€82k€73k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€176k€149k▼
Equity10/15€21k€10k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€309€309=
Non-distributable reserves130/1€309€309=
Legal reserve130€309€309=
Profit (loss) carried forward14€-41k€-53k▼
Amounts payable17/49€155k€139k▼
Amounts payable after more than one year17€24k€14k▼
Financial debts170/4€24k€14k▼
Amounts payable within one year42/48€131k€126k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€34k€22k▼
Suppliers440/4€34k€22k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€83k€91k▲
Accrued charges and deferred income492/3€3€51▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€7k€7k=
Gross operating margin9900€33k€13k▼
Operating profit (loss)9901€10k€-11k▼
Financial income75/76B€1k€256▼
Recurring financial income75€1k€256▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€8k€-12k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€5k€-12k▼
Profit (loss) for the period to be appropriated9905€5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-53k▼
Profit (loss) brought forward from the previous period14P€-46k€-41k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lasne · 1 establishment unit since 1994
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.
Route de l'Etat 2481380 LasneGround area
1,906 m²
Building footprint
385 m²
Volume, LiDAR
1,099 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SMstorage sa
since 19942.065.549.672
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024A0233/00F000 | Wallonia | 1,525 m² | 1 · 144 m² | 10.9 m · 3 fl. |
| 52024B0333/00E003indicative | Wallonia | 382 m² | 1 · 240 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
URBAN DROP LOGISTICS
BE 1026.002.157
Sint-Joost-ten-Node · Eq €9,500
RE-LOVE
BE 0700.940.608
Malle · Eq €9,875
CEM
BE 0788.384.227
Libramont-Chevigny · Eq €9,111
JC²H INVEST
BE 1007.524.845
Bastogne · Eq €10,079
Stockage et Logistique.Be
BE 0653.978.354
Gedinne · Eq €8,586
Of 1,030 companies in sector 52100 we hold annual accounts for 765. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-11-1993
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:SMstorage@me.com