Dakwerken Edwin Smets
ActiveDakwerken Edwin Smets has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €798k and a net result of €189k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+6
Solvency67▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.38 in 2024; short-term debt: 15.4% and cash: 22.2% of total assets), and 58.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
41.9%
Return on assets
9.9%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
42 d early
2023
28 d early
2022
35 d early
2021
31 d early
2020
25 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€798k▲ 31.0%
2024 · €609k
2019: €289k
2020: €351k
2021: €440k
2022: €472k
2023: €518k
2024: €609k
2019 → 2025
Total assets
€1.90M▲ 7.0%
2024 · €1.78M
2019: €351k
2020: €428k
2021: €497k
2022: €1.37M
2023: €1.43M
2024: €1.78M
2019 → 2025
Net result
€189k▲ 107%
2024 · €91k
2019: €52k
2020: €71k
2021: €89k
2022: €32k
2023: €46k
2024: €91k
2019 → 2025
Working capital
€141k▲ 49.9%
2024 · €94k
2019: €164k
2020: €185k
2021: €294k
2022: €69k
2023: €22k
2024: €94k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€440k-€472k▲ 7.3%€518k▲ 9.7%€609k▲ 17.7%€798k▲ 31.0%
Operating result€115k-€43k▼ 62.4%€80k▲ 85.6%€133k▲ 65.5%€290k▲ 118%
Net result€89k-€32k▼ 64.1%€46k▲ 43.1%€91k▲ 99.8%€189k▲ 107%
Turnover and EBIT margin not published: the abbreviated or 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 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€1.47M▲ 2.2%
Current assets
€435k▲ 27.4%
Equity and liabilities €1.90M
Equity
€798k▲ 31.0%
Debt
€1.11M▼ 5.4%
The debt ratio falls from 65.8% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€394k▲
2024 · €199k
Cash flow
€293k▲
2024 · €158k
Solvency
41.9%▲
2024 · 34.2%
Current ratio
1.48▲
2024 · 1.38
Quick ratio
1.48▲
2024 · 1.38
Debt / equity
1.39▼
2024 · 1.92
ROE
23.7%▲
2024 · 15.0%
ROA
9.9%▲
2024 · 5.1%
Interest coverage
19.17▲
2024 · 11.42
Debt
€1.11M▼
2024 · €1.17M
Debt ≤ 1 year
€293k▲
2024 · €247k
Debt > 1 year
€814k▼
2024 · €924k
Income taxes
€81k▲
2024 · €24k
Staff costs
€60k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.78M€1.90M▲
Fixed assets21/28€1.44M€1.47M▲
Tangible fixed assets22/27€1.44M€1.47M▲
Land and buildings22€1.06M€1.03M▼
Plant, machinery and equipment23€29k€44k▲
Furniture and vehicles24€327k€368k▲
Other tangible fixed assets26€24k€23k▼
Financial fixed assets28€270€270=
Current assets29/58€341k€435k▲
Amounts receivable within one year40/41€81k€12k▼
Trade receivables40€21k€12k▼
Other amounts receivable41€60k€0▼
Cash at bank and in hand54/58€259k€423k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.90M▲
Equity10/15€609k€798k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€182k€371k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€65k€65k=
Distributable reserves133€115k€306k▲
Profit (loss) carried forward14€409k€409k=
Amounts payable17/49€1.17M€1.11M▼
Amounts payable after more than one year17€924k€814k▼
Financial debts170/4€924k€814k▼
Amounts payable within one year42/48€247k€293k▲
Current portion of amounts payable after more than one year42€46k€91k▲
Trade debts44€45k€13k▼
Suppliers440/4€45k€13k▼
Taxes, remuneration and social security45€59k€64k▲
Taxes450/3€17k€54k▲
Remuneration and social security454/9€42k€10k▼
Other amounts payable47/48€96k€126k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€104k▲
Other operating charges640/8€7k€11k▲
Gross operating margin9900€209k€465k▲
Operating profit (loss)9901€133k€290k▲
Financial income75/76B€65€1▼
Recurring financial income75€65€1▼
Financial charges65/66B€17k€21k▲
Recurring financial charges65€17k€21k▲
Profit (loss) for the period before taxes9903€115k€270k▲
Income taxes67/77€24k€81k▲
Profit (loss) for the period9904€91k€189k▲
Profit (loss) for the period to be appropriated9905€91k€189k▲
Appropriation of the result
Profit (loss) to be appropriated9906€409k€598k▲
Profit (loss) brought forward from the previous period14P€317k€409k▲
Transfer to equity691/2-€189k
To other reserves6921-€189k
Social balance
Average headcount (FTE)90870.2-
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €189k ▲107%
Operating result €290k, net result €189k, both a record.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €500kEq €518k ▲9.7%
5 profitable years in a row build equity to €518k.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €32k ▼64.1%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
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, Overijse · 1 establishment unit since 2013
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.
den Horick 173090 OverijseGround area
1.3 ha
Building footprint
869 m²
Volume, LiDAR
785 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dakwerken Edwin Smets
since 20132.228.378.525
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543I0394/00D000 | Flanders | 1.3 ha | 1 · 738 m² | - |
| 23543K0056/00P002 | Flanders | 577 m² | 1 · 132 m² | 8.6 m · 2 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.
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 1,874 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2013
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:02/688.15.23