VINCENT SMEULDERS
ActiveSummary
VINCENT SMEULDERS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €300k and a net result of €35k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 55% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-3
Solvency81▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 3.73 in 2023; short-term debt: 10.5% and cash: 22.7% of total assets), and 44.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
38 d early
2021
32 d early
2020
39 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€300k▼ 1.7%
2023 · €305k
2018: €265k
2019: €273k
2020: €313k
2021: €332k
2022: €251k
2023: €305k
2018 → 2024
Total assets
€538k▼ 8.0%
2023 · €585k
2018: €461k
2019: €447k
2020: €475k
2021: €476k
2022: €567k
2023: €585k
2018 → 2024
Net result
€35k▼ 35.8%
2023 · €54k
2018: €40k
2019: €8k
2020: €40k
2021: €48k
2022: €7k
2023: €54k
2018 → 2024
Working capital
€92k▼ 40.8%
2023 · €155k
2018: €119k
2019: €128k
2020: €154k
2021: €198k
2022: €37k
2023: €155k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€313k-€332k▲ 6.2%€251k▼ 24.5%€305k▲ 21.7%€300k▼ 1.7%
Operating result€63k-€74k▲ 18.4%€19k▼ 74.7%€81k▲ 330%€54k▼ 32.8%
Net result€40k-€48k▲ 20.9%€7k▼ 85.5%€54k▲ 685%€35k▼ 35.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €538k
Fixed assets
€390k ▲ 4.5%
Current assets
€148k ▼ 30.0%
Equity and liabilities €538k
Equity
€300k ▼ 1.7%
Debt
€238k ▼ 14.9%
Debt's share of the balance-sheet total falls from 47.8% to 44.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€106k▼
2023 · €122k
Cash flow
€87k▼
2023 · €96k
Current ratio
2.63▼
2023 · 3.73
Debt to equity
0.79▼
2023 · 0.92
ROE
11.6%▼
2023 · 17.8%
ROA
6.5%▼
2023 · 9.3%
Interest coverage
17.23▲
2023 · 16.74
Debt ≤ 1 year
€56k▼
2023 · €57k
Debt > 1 year
€181k▼
2023 · €223k
Income taxes
€13k▼
2023 · €19k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€585k€538k▼
Fixed assets21/28€373k€390k▲
Tangible fixed assets22/27€373k€390k▲
Land and buildings22€328k€356k▲
Plant, machinery and equipment23€1k€837▼
Furniture and vehicles24€44k€33k▼
Current assets29/58€212k€148k▼
Amounts receivable within one year40/41€33k€25k▼
Trade receivables40€19k€19k=
Other amounts receivable41€13k€6k▼
Cash at bank and in hand54/58€178k€122k▼
Deferred charges and accrued income490/1€750€1k▲
Equity and liabilities
Total equity and liabilities10/49€585k€538k▼
Equity10/15€305k€300k▼
Contributions10/11€19k€19k=
Reserves13€199k€194k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€197k€194k▼
Profit (loss) carried forward14€88k€88k=
Amounts payable17/49€280k€238k▼
Amounts payable after more than one year17€223k€181k▼
Financial debts170/4€223k€181k▼
Amounts payable within one year42/48€57k€56k▼
Current portion of amounts payable after more than one year42€41k€41k▲
Financial debts43-€38
Credit institutions430/8-€38
Trade debts44€261€2k▲
Suppliers440/4€261€2k▲
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€15k€13k▼
Income statement
Code20232024
Non-recurring operating income76A-€135
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€52k▲
Other operating charges640/8€9k€7k▼
Non-recurring operating charges66A-€0
Gross operating margin9900€131k€113k▼
Operating profit (loss)9901€81k€54k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€74k€48k▼
Income taxes67/77€19k€13k▼
Profit (loss) for the period9904€54k€35k▼
Profit (loss) for the period to be appropriated9905€54k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€142k€123k▼
Profit (loss) brought forward from the previous period14P€88k€88k=
Transfer from equity791/2-€40k
Transfer to equity691/2€54k€35k▼
To other reserves6921€54k€35k▼
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €54k ▲685%
Operating result €81k, net result €54k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.73
Current ratio from 1.71 to 3.73.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼85.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Ukkel · 1 establishment unit since 2007
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.
Schoon Uitzichtlaan 321180 UkkelGround area
1,013 m²
Building footprint
544 m²
Volume, LiDAR
9,901 m³
Parcel 21612C0056/02W078, Brussels · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Schoon Uitzichtlaan 32, 1180 Ukkel
since 20072.164.747.218
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02W078 | Brussels | 1,013 m² | 1 · 544 m² | 22.1 m · 6 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.
Similar companies · same sector, comparable size
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LIKE
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 6,518 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 formPrivate limited company
Founded08-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.