Smilestone
ActiveSummary
Smilestone has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €-3k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-8
Solvency49▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.44 against 1.05 in 2024; short-term debt: 10.8% and cash: 1.9% of total assets), and 76.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
23.9%
Return on assets
-1.3%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
14 d late
2023
48 d early
2022
38 d late
2021
11 d early
2020
17 d late
2019
18 d early
← 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, micro schema
Equity
€56k▼ 5.1%
2024 · €59k
2018: €39k
2019: €111k
2020: €47k
2021: €45k
2022: €18k
2023: €57k
2024: €59k
2018 → 2025
Total assets
€236k▼ 2.2%
2024 · €241k
2018: €182k
2019: €259k
2020: €229k
2021: €148k
2022: €310k
2023: €234k
2024: €241k
2018 → 2025
Net result
€-3k
2024 · €2k
2018: €29k
2019: €60k
2020: €-6k
2021: €-2k
2022: €-27k
2023: €39k
2024: €2k
2018 → 2025
Working capital
€-14k
2024 · €777
2018: €3k
2019: €73k
2020: €3k
2021: €9k
2022: €-43k
2023: €19k
2024: €777
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€18k▼ 59.4%€57k▲ 213%€59k▲ 4.1%€56k▼ 5.1%
Operating result€-607-€-24k▼ 3,851%€52k€10k▼ 80.8%€3k▼ 66.3%
Net result€-2k-€-27k▼ 1,133%€39k€2k▼ 94.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€225k ▲ 0.3%
Current assets
€11k ▼ 34.7%
Equity and liabilities €236k
Equity
€56k ▼ 5.1%
Debt
€180k ▼ 1.2%
Debt's share of the balance-sheet total rises from 75.4% to 76.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €22k
Cash flow
€9k▼
2024 · €14k
Current ratio
0.44▼
2024 · 1.05
Debt to equity
3.19▲
2024 · 3.07
ROE
-5.4%▼
2024 · 3.9%
ROA
-1.3%▼
2024 · 1.0%
Interest coverage
2.48▼
2024 · 3.18
Debt ≤ 1 year
€25k▲
2024 · €16k
Debt > 1 year
€153k▼
2024 · €164k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€241k€236k▼
Fixed assets21/28€224k€225k▲
Tangible fixed assets22/27€224k€225k▲
Land and buildings22€171k€162k▼
Plant, machinery and equipment23€22-
Furniture and vehicles24€8k€9k▲
Assets under construction and advance payments27€45k€54k▲
Current assets29/58€17k€11k▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€7k€7k▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1-€88
Equity and liabilities
Total equity and liabilities10/49€241k€236k▼
Equity10/15€59k€56k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€39k€36k▼
Amounts payable17/49€182k€180k▼
Amounts payable after more than one year17€164k€153k▼
Financial debts170/4€164k€153k▼
Amounts payable within one year42/48€16k€25k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€234€1k▲
Suppliers440/4€234€1k▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€780€1k▲
Gross operating margin9900€23k€17k▼
Operating profit (loss)9901€10k€3k▼
Financial income75/76B€161€1▼
Recurring financial income75€161€1▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€3k€-3k▼
Income taxes67/77€877-
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€36k▼
Profit (loss) brought forward from the previous period14P€37k€39k▲
The notes to these accounts (8 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
18-09
State Gazette act
General meeting · Director resignation
Director appointment
11-09
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
10-09
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
04-08
State Gazette act
General meeting · Director resignation
Power of attorney · Director appointment
04-08
State Gazette act
General meeting · Director resignation
Power of attorney · Director appointment
04-08
State Gazette act
Board meeting · Director reappointment
General meeting · Director appointment
29-07
State Gazette act
General meeting · Director resignation
Power of attorney · Director appointment
28-07
State Gazette act
General meeting · Auditor appointment
Director resignation · Director appointment
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
Show earlier events
31-12
Financial
Liquidity times 31current ratio 2.12
Current ratio from 0.07 to 2.12; short-term debt falls from €46k to €17k.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €60k ▲105%
Operating result €80k, net result €60k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.65
Current ratio from 1.08 to 2.65.
31-12
Financial
Equity above €100kEq €111k ▲184%
2 profitable years in a row build equity to €111k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 2016
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.
Val Fleurilaan 161180 UkkelGround area
2,580 m²
Building footprint
176 m²
Volume, LiDAR
1,635 m³
Parcel 21616G0031/00Y002, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Smilestone
since 20162.251.093.648
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0031/00Y002 | Brussels | 2,580 m² | 1 · 176 m² | 13.5 m · 3 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.
Structure & network
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,528 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
Founded12-02-2016
Fiscal year end31-12
Legal name FR
Smilestone sprl
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.