THE GOOD SMILE
ActiveSummary
THE GOOD SMILE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €236k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+27
Solvency34▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.2 against 1.3 in 2024; short-term debt: 27.2% and cash: 1% of total assets), and 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
9.4%
Return on assets
14.8%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 16546 sector peers (2025).
NBB · sector comparisonPosition among 16546 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
29 d late
2023
67 d late
2022
31 d late
2021
26 d late
2020
27 d late
2019
27 d late
← 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
€149k▼ 32.4%
2024 · €221k
2018: €90k
2019: €115k
2020: €133k
2021: €165k
2022: €167k
2023: €174k
2024: €221k
2018 → 2025
Total assets
€1.59M▲ 7.0%
2024 · €1.49M
2018: €157k
2019: €196k
2020: €206k
2021: €1.12M
2022: €1.38M
2023: €1.52M
2024: €1.49M
2018 → 2025
Net result
€236k▲ 405%
2024 · €47k
2018: €-9k
2019: €25k
2020: €17k
2021: €33k
2022: €1k
2023: €7k
2024: €47k
2018 → 2025
Working capital
€-345k
2024 · €45k
2018: €41k
2019: €74k
2020: €91k
2021: €-37k
2022: €201k
2023: €428k
2024: €45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€167k▲ 0.8%€174k▲ 4.5%€221k▲ 26.7%€149k▼ 32.4%
Operating result€51k-€16k▼ 69.1%€25k▲ 62.9%€100k▲ 292%€340k▲ 241%
Net result€33k-€1k▼ 95.7%€7k▲ 434%€47k▲ 527%€236k▲ 405%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 241% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€1.51M ▲ 16.1%
Current assets
€89k ▼ 54.3%
Equity and liabilities €1.59M
Equity
€149k ▼ 32.4%
Debt
€1.44M ▲ 13.8%
Debt's share of the balance-sheet total rises from 85.2% to 90.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€441k▲
2024 · €189k
Cash flow
€336k▲
2024 · €136k
Current ratio
0.20▼
2024 · 1.30
Quick ratio
0.19▼
2024 · 1.29
Debt to equity
9.67▲
2024 · 5.75
ROE
157.7%▲
2024 · 21.1%
ROA
14.8%▲
2024 · 3.1%
Interest coverage
18.16▲
2024 · 4.45
Debt ≤ 1 year
€434k▲
2024 · €149k
Debt > 1 year
€973k▼
2024 · €1.09M
Income taxes
€80k▲
2024 · €11k
Staff costs
€63k▲
2024 · €62k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.49M€1.59M▲
Fixed assets21/28€1.30M€1.51M▲
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€1.29M€1.24M▼
Land and buildings22€1.22M€1.19M▼
Plant, machinery and equipment23€64k€36k▼
Furniture and vehicles24€3k€7k▲
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€6k€266k▲
Current assets29/58€194k€89k▼
Stocks and contracts in progress3€3k€5k▲
Stocks30/36€3k€5k▲
Amounts receivable within one year40/41€13k€50k▲
Trade receivables40€1k-
Other amounts receivable41€12k€50k▲
Cash at bank and in hand54/58€163k€16k▼
Deferred charges and accrued income490/1€16k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.59M▲
Equity10/15€221k€149k▼
Contributions10/11€19k€19k=
Reserves13€202k€131k▼
Distributable reserves133€202k€131k▼
Profit (loss) carried forward14-€19
Amounts payable17/49€1.27M€1.44M▲
Amounts payable after more than one year17€1.09M€973k▼
Financial debts170/4€795k€704k▼
Other amounts payable178/9€300k€270k▼
Amounts payable within one year42/48€149k€434k▲
Current portion of amounts payable after more than one year42€95k€91k▼
Trade debts44€20k€8k▼
Suppliers440/4€20k€8k▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€2k€8k▲
Remuneration and social security454/9€10k€10k▼
Other amounts payable47/48€22k€318k▲
Accrued charges and deferred income492/3€26k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€62k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€101k▲
Other operating charges640/8€102k€18k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€353k€522k▲
Operating profit (loss)9901€100k€340k▲
Financial income75/76B€12€0▼
Recurring financial income75€12€0▼
Financial charges65/66B€42k€24k▼
Recurring financial charges65€42k€24k▼
Profit (loss) for the period before taxes9903€57k€316k▲
Income taxes67/77€11k€80k▲
Profit (loss) for the period9904€47k€236k▲
Profit (loss) for the period to be appropriated9905€47k€236k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€236k▲
Transfer from equity791/2-€72k
Transfer to equity691/2€47k-
To other reserves6921€47k-
Profit to be distributed694/7-€307k
Return on contributions (dividend)694-€307k
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
30-07
State Gazette act
Capital & shares · Restructuring · MiscellaneousMerger · Accounting effect · Dissolution4 facts ▸
State Gazette act
Capital & shares · Restructuring · Miscellaneous
Merger · Accounting effect · Dissolution4 facts ▸
- General meeting, 07/07/2026
- Merger, fusion par absorption, 01/01/2026
- Accounting effect, 01/01/2026
- Dissolution, 01-01-2026
2025
31-12
Financial
Highest result since 2018net €236k ▲405%
Operating result €340k, net result €236k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €200kEq €221k ▲26.7%
6 profitable years in a row build equity to €221k.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.80
Current ratio from 1.75 to 3.80; short-term debt falls from €267k to €153k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.75
Current ratio from 0.69 to 1.75.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Equity above €150kEq €165k ▲24.6%
3 profitable years in a row build equity to €165k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Show earlier events
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Equity above €100kEq €115k ▲28.3%
Equity rises from €90k to €115k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 2018
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.
Houba de Strooperlaan 2281020 BrusselGround area
7,399 m²
Building footprint
2,491 m²
Volume, LiDAR
31,440 m³
2 parcels, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Vorstlaan 4, 1170 Watermaal-Bosvoorde
since 20182.321.745.577
Houba de Strooperlaan 228, 1020 Brussel
since 20212.321.745.478
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0180/00T000 | Brussels | 7,200 m² | 1 · 2,340 m² | 17.3 m · 4 fl. |
| 21816G0105/00L012 | Brussels | 199 m² | 1 · 151 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTook over:ASAP DENTAL
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TANDARTSENPRAKTIJK DE TURCK
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Joytand
BE 1003.455.694
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SODENTA
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Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,790 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
Founded12-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dentiste.biemar@gmail.com
Phone:+3224781719