SMU-C is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €150k and a net result of €81k. Equity is growing by ~97.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 9864 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
15 d early
2022
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€150k▲ 118%
2023 · €69k
2022: €16k
2023: €69k
2022 → 2024
Net result
€81k▲ 53.0%
2023 · €53k
2022: €13k
2023: €53k
2022 → 2024
Total assets
€162k▲ 103%
2023 · €80k
2022: €25k
2023: €80k
2022 → 2024
Solvency
92.9%▲ 6.7pp
2023 · 86.2%
2022: 63.7%
2023: 86.2%
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€16k-€69k▲ 340%€150k▲ 118%
Operating result€17k-€69k▲ 307%€106k▲ 53.0%
Net result€13k-€53k▲ 321%€81k▲ 53.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 53% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€6k▼ 25.3%
Current assets
€155k▲ 117%
Equity and liabilities €162k
Equity
€150k▲ 118%
Debt
€11k▲ 4.2%
The debt ratio falls from 13.8% to 7.1%. Equity and debt are higher.
Key figures and ratios
Solvency
92.9%▲
2023 · 86.2%
ROE
54.2%▼
2023 · 77.3%
ROA
50.3%▼
2023 · 66.6%
Debt
€11k▲
2023 · €11k
Debt ≤ 1 year
€11k▲
2023 · €11k
Income taxes
€24k▲
2023 · €16k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€80k€162k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€1k€1k=
Current assets29/58€72k€155k▲
Amounts receivable within one year40/41€3k€33k▲
Trade receivables40€0-
Other amounts receivable41€3k€33k▲
Current investments50/53€45k€100k▲
Cash at bank and in hand54/58€23k€22k▼
Deferred charges and accrued income490/1€983€980▼
Equity and liabilities
Total equity and liabilities10/49€80k€162k▲
Equity10/15€69k€150k▲
Contributions10/11€3k€3k=
Reserves13€66k€147k▲
Distributable reserves133€66k€147k▲
Amounts payable17/49€11k€11k▲
Amounts payable within one year42/48€11k€11k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€2k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€658€2k▲
Other operating charges640/8€625€619▼
Gross operating margin9900€70k€108k▲
Operating profit (loss)9901€69k€106k▲
Financial income75/76B-€151
Recurring financial income75-€151
Financial charges65/66B€360€689▲
Recurring financial charges65€360€689▲
Profit (loss) for the period before taxes9903€69k€105k▲
Income taxes67/77€16k€24k▲
Profit (loss) for the period9904€53k€81k▲
Profit (loss) for the period to be appropriated9905€53k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€81k▲
Transfer to equity691/2€53k€81k▲
To other reserves6921€53k€81k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2022net €81k ▲53%
Operating result €106k, net result €81k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 13.56
Current ratio from 6.51 to 13.56.
31-12
Financial
Equity above €150kEq €150k ▲118%
3 profitable years in a row build equity to €150k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.51
Current ratio from 2.53 to 6.51.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 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, Zwevegem · 1 establishment unit since 2022
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.
Oude Sint-Denijsstraat(Z) 58550 ZwevegemGround area
1,343 m²
Building footprint
217 m²
Volume, LiDAR
1,088 m³
Parcel 34042C0224/00B000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMU-C
since 20222.331.310.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042C0224/00B000 | Flanders | 1,343 m² | 1 · 217 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2022
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.