SUPNET
ActiveSummary
SUPNET has been active since 1975 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €234,252 and a net result of €4,343. Equity is growing by ~9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+16
Solvency100=
Growth78=
Track record92
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
cash: 72.3% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
100%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
31 d late
2023
30 d late
2022
30 d late
2021
92 d late
2020
153 d late
2019
336 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 100 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
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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Financials · fiscal year 2025, abbreviated schema
Equity
€234,252▲ 1.9%
2024 · €229,909
Total assets
€234,252▲ 1.9%
2024 · €229,909
Net result
€4,343
2024 · -€11,007
Working capital
€240,916▲ 2,160%
2022 · €10,659
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,151€1,749▼ 86.7%€203,693▲ 11,550%-€11,563-€1,496▲ 87.1%
Net result€11,757-€15,858€118,543-€11,007€4,343
Equity€138,231▲ 9.3%€122,373▼ 11.5%€240,916▲ 96.9%€229,909▼ 4.6%€234,252▲ 1.9%
Total assets€149,800▼ 11.2%€144,703▼ 3.4%€329,334▲ 128%€229,909▼ 30.2%€234,252▲ 1.9%
Debt€11,569▼ 72.6%€22,329▲ 93.0%€88,418▲ 296%
Working capital€20,403▲ 144%€10,659▼ 47.8%€240,916▲ 2,160%
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 stays negative: a loss of €1,496 in 2025 against €11,563 in 2024; the loss shrinks.
Key figures and ratios
Solvency
100.0%=
2024 · 100.0%
ROE
1.9%▲
2024 · -4.8%
ROA
1.9%▲
2024 · -4.8%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
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 17,027 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,385 | €6,114 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €32,983 | - | - | - |
| Other operating charges640/8 | €2,984 | €1,838 | €1,910 | €387 | - | - |
| Gross operating margin9900 | €22,519 | €9,701 | €238,586 | -€11,175 | -€1,496 | ▲ 86.6% |
| Operating profit (loss)9901 | €13,151 | €1,749 | €203,693 | -€11,563 | -€1,496 | ▲ 87.1% |
| Financial income75/76B | €0 | - | - | €781 | €6,094 | ▲ 680% |
| Recurring financial income75 | €0 | - | - | €781 | €6,094 | ▲ 680% |
| Financial charges65/66B | €353 | €1,350 | €184 | €225 | €255 | ▲ 13.3% |
| Recurring financial charges65 | €353 | €1,350 | €184 | €225 | €255 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €12,797 | €398 | €203,509 | -€11,007 | €4,343 | ▲ 139% |
| Income taxes67/77 | €1,041 | €16,256 | €84,966 | -€0 | - | - |
| Profit (loss) for the period9904 | €11,757 | -€15,858 | €118,543 | -€11,007 | €4,343 | ▲ 139% |
| Transfer from tax-exempt reserves789 | - | - | €105,975 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €11,757 | -€15,858 | €224,518 | -€11,007 | €4,343 | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,800 | €144,703 | €329,334 | €229,909 | €234,252 | ▲ 1.9% |
| Fixed assets21/28 | €117,828 | €111,714 | - | - | - | - |
| Tangible fixed assets22/27 | €117,828 | €111,714 | - | - | - | - |
| Land and buildings22 | €117,828 | €111,714 | - | - | - | - |
| Current assets29/58 | €31,972 | €32,989 | €329,334 | €229,909 | €234,252 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €31,515 | €31,515 | €5,065 | €60,781 | €64,979 | ▲ 6.9% |
| Other amounts receivable41 | €31,515 | €31,515 | €5,065 | €60,781 | €64,979 | ▲ 6.9% |
| Cash at bank and in hand54/58 | - | €965 | €1,013 | €169,128 | €169,273 | ▲ 0.1% |
| Deferred charges and accrued income490/1 | €458 | €509 | €323,256 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,800 | €144,703 | €329,334 | €229,909 | €234,252 | ▲ 1.9% |
| Equity10/15 | €138,231 | €122,373 | €240,916 | €229,909 | €234,252 | ▲ 1.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Revaluation surpluses12 | €112,089 | €105,975 | - | - | - | - |
| Reserves13 | €92,529 | €98,643 | €179,416 | €179,416 | €179,416 | = |
| Non-distributable reserves130/1 | €92,529 | €819 | €819 | €819 | €819 | = |
| Legal reserve130 | €819 | €819 | €819 | €819 | €819 | = |
| Other1319 | €91,709 | - | - | - | - | - |
| Distributable reserves133 | - | €97,823 | €178,597 | €178,597 | €178,597 | = |
| Profit (loss) carried forward14 | -€127,887 | -€143,745 | - | -€11,007 | -€6,664 | ▲ 39.5% |
| Amounts payable17/49 | €11,569 | €22,329 | €88,418 | - | - | - |
| Amounts payable within one year42/48 | €11,569 | €22,329 | €88,418 | - | - | - |
| Financial debts43 | €5 | - | - | - | - | - |
| Credit institutions430/8 | €5 | - | - | - | - | - |
| Trade debts44 | €7,682 | €4,710 | €3,452 | - | - | - |
| Suppliers440/4 | €7,682 | €4,710 | €3,452 | - | - | - |
| Taxes, remuneration and social security45 | €730 | €15,853 | €84,966 | - | - | - |
| Taxes450/3 | €730 | €15,853 | €84,966 | - | - | - |
| Other amounts payable47/48 | €3,153 | €1,766 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,757 | -€15,858 | €118,543 | -€11,007 | €4,343 | ▲ 139% |
| + Depreciation and write-downs630 | €6,385 | €6,114 | - | - | - | - |
| Operating cash flow (approximation) | €18,141 | -€9,744 | €118,543 | -€11,007 | €4,343 | ▲ 139% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | - | €49 | €168,115 | €145 | ▼ 99.9% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €4,343
Net result €4,343 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €118,543
Net result €118,543 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.72
Current ratio from 1.48 to 3.72.
31-12
Financial
Equity above €200,000Eq €240,916 ▲96.9%
Equity rises from €122,373 to €240,916.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Back to profitnet €11,757
Net result €11,757 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.76
Current ratio from 1.23 to 2.76; short-term debt falls from €36,048 to €11,569.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 336 days late
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 701 days late
2019
15-05
KBO administration
Strikeout withdrawal
event 19-04-2019
19-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 262 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 553 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Rixensart · 1 establishment unit since 1975
Ground area
2,737 m²
Building footprint
1,638 m²
Volume, LiDAR
1,023 m³
2 parcels, Brussels, Wallonia · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
116
companies at this address
See who is registered here
1 establishment unit
SA SMASH NV
since 19752.011.452.376
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0525/00T002 | Wallonia | 2,544 m² | 1 · 1,570 m² | - |
| 21523B0939/00R103 | Brussels | 192 m² | 1 · 69 m² | 16.5 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded04-09-1975
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0415333115
Registered
22-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.