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ALGEMENE AANNEMINGEN SMETS

Active
Private limited companyfounded 1997active for 29 yearsMolendijk 20, 2470 Retie, BelgiumKBO/BCE: BE 0460.549.070
Summary

ALGEMENE AANNEMINGEN SMETS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.2m and a net result of €442,219. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 92% of 338 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-04-1997 Normal situation
Activity
Specialised construction activities NACE 43130and 5 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2026
Establishment units
2.081.717.691 2470 Retie, since 06-05-1997
2.223.790.128 2480 Dessel, since 01-07-2013
Financial year end
31 March
Peppol
Reachable since 12-05-2025

Board and ownership

Board
  • Smets GuyDirector · since 01-01-2020
  • Smets IngridDirector · since 01-01-2020
  • Smets TomDirector · since 01-01-2020
and 2 others
Shareholders
  • WGT2025 annual accounts of WGT

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€1.8m
▲ 30.9%
Turnover
≈ €5.1m
estimated
Profit
€442,219
▲ 70.4%
Equity
€3.2m
▲ 16.2%
Total assets
€3.5m
▲ 7.0%
Employees on 31-03-2026
9
▲ 12.5%
Filed on 15-09-2026, 46 days before the deadline
Score breakdownlowers riskFounded in 1997Liquidity: current ratio 4.28, cash €433,606, halvedEquity €3.2m (90.1% of total assets)Profit of €442,219 (financial year 2026)Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 90.1% of total assets
Liquidity 65-22
short-term debt 9.6% · cash 12.3%
Profitability 84+5
return on assets 12.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.28 (3.38 in 2025), above the usual 1.5. Short-term debt is 9.6% and cash 12.3% of total assets. 9.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 64% on liquidity, 68% on profitability and 64% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 4.28, cash €433,606, halved
NBB · annual accounts
lowers risk · Equity €3.2m (90.1% of total assets)
NBB · annual accounts
lowers risk · Profit of €442,219 (financial year 2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 15-09-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
46 days early
2025
37 days early
2024
41 days early
2023
20 days early
2022
12 days early
2021
10 days early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 24 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by total assets in Retie, Construction sectorin the Checked rankings No. 1 View
  • Positive: Result rose in 2026from €259,504 to €442,219 ▲ 70.4% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Change of role: Smets Paul Ludovicus Maria, from statutory director to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ALGEMENE AANNEMINGEN SMETS: specialised construction activities (NACE 43130). They are comparable in size and age: total assets between €2.3m and €4.5m, founded between 1982 and 2004.

CompanyTotal assetsGross margin
ALGEMENE AANNEMINGEN SMETS Retie€3.5m€1.8m
NOTERMAN PUTBORINGEN Brakel€4.5m€2.3m
GEJO DPO Tessenderlo-Ham€3.9m€2.2m
LIMBURGSE BORINGEN Genk€3.3m€1.4m
EURODRILL Ans€2.3m€1.1m
ECOFORAGE Somme-Leuze€3.1m€2.0m
AMCAL Lichtervelde€4.4m€2.7m
Full comparison

Key facts about ALGEMENE AANNEMINGEN SMETS

What is the company number of ALGEMENE AANNEMINGEN SMETS?
The company number of ALGEMENE AANNEMINGEN SMETS is 0460.549.070. The VAT number is the same number with BE in front: BE 0460.549.070.
Where is ALGEMENE AANNEMINGEN SMETS based?
The registered office is at Molendijk 20, 2470 Retie.Company details
What does ALGEMENE AANNEMINGEN SMETS do?
According to the KBO register, the main activity is specialised construction activities (NACE 43130).
What is the legal form of ALGEMENE AANNEMINGEN SMETS?
The legal form of ALGEMENE AANNEMINGEN SMETS is Private limited company (BV).
When was ALGEMENE AANNEMINGEN SMETS founded?
ALGEMENE AANNEMINGEN SMETS was founded on 29-04-1997.
Is ALGEMENE AANNEMINGEN SMETS still active?
Yes, ALGEMENE AANNEMINGEN SMETS is an active enterprise in the KBO register.
How many employees does ALGEMENE AANNEMINGEN SMETS have?
ALGEMENE AANNEMINGEN SMETS had an average of 8.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does ALGEMENE AANNEMINGEN SMETS fall under?
In its 31-03-2026 annual accounts, ALGEMENE AANNEMINGEN SMETS states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ALGEMENE AANNEMINGEN SMETS?
The turnover in financial year 2026 is ≈ €5.1m. This figure is estimated from the gross margin of €1.8m and 68 comparable companies (NACE 43). It probably lies between €3.9m and €6.8m.
Is ALGEMENE AANNEMINGEN SMETS profitable?
In financial year 2026, ALGEMENE AANNEMINGEN SMETS made a profit of €442,219.
Where can I find the annual accounts of ALGEMENE AANNEMINGEN SMETS?
ALGEMENE AANNEMINGEN SMETS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ALGEMENE AANNEMINGEN SMETS due?
ALGEMENE AANNEMINGEN SMETS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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