Financials
- Financial year
- 2025
- Total assets
- €6,084
- Loss
- -€12,058
- Solvency
- -116.0%
THE SMART RITUAL
ActiveSummary
The computed 12-month bankruptcy probability of THE SMART RITUAL is 3.2% (moderate). The 2025 annual accounts show negative equity (-€7,058) and a net result of -€12,058. Its solvency ranks better than 14% of 49 sector peers (NACE 17, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of paper and paper products
NACE 17230
1 site
Size
€6,084total assets 2025
- Equity
- -€7,058
- Loss
- -€12,058
Turnover not published (micro format)
Structure
Accounts 58 days early1 of 2 deeds read
Why 48raises risk1 change of registered office in 24 monthsNegative equity -€7,058Founded in 2024lowers riskSize: total assets €6,084Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 17, micro)
Financial strength
Weak
Solvency
0
equity -116.0% of total assets
Liquidity
20
short-term debt 216.0% · cash 16.2%
Profitability
0
return on assets -198.2%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 3.9%
12-2025: 4.0%▲ +0.1 percentage points vs 11-2025
01-2026: 4.5%▲ +0.5 percentage points vs 12-2025
02-2026: 4.7%▲ +0.2 percentage points vs 01-2026
03-2026: 5.1%▲ +0.4 percentage points vs 02-2026
04-2026: 5.1%● unchanged vs 03-2026
05-2026: 5.3%▲ +0.2 percentage points vs 04-2026
06-2026: 5.5%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 3.0%▼ -2.5 percentage points vs 06-2026lowest value
08-2026: 3.1%▲ +0.1 percentage points vs 07-2026
09-2026: 3.2%▲ +0.1 percentage points vs 08-2026
10-2026: 3.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.42, below 1; short-term debt: 216% and cash: 16.2% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 17, micro): better than 6% on solvency, 24% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
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 03-06-2026, 58 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
58 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Laouti Mariam (director)Appointment: Zakaria Jalit Hussain (managing…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of paper and paper productsNACE 17230
- Founded
- 02-10-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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