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De Smedt Raf

Active
Private limited companyfounded 1989active for 36 yearsHenriette Chaumatstraat 77, 9800 Deinze, BelgiumKBO/BCE: BE 0439.406.238
Summary

The computed 12-month bankruptcy probability of De Smedt Raf is 2.9% (moderate). The 2025 annual accounts show equity of €45,303 and a net result of -€1,312. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 88% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-12-1989 Normal situation
Activity
Other building finishing work NACE 43350and 2 others
Establishment unit
2.046.820.358 9800 Deinze, since 03-01-1990
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board
  • De Smedt RafDirector

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2025
Gross margin
€20,255
▼ 28.9%
Turnover
≈ €200,000
estimated
Loss
€1,312
Equity
€45,303
▼ 2.8%
Total assets
€54,345
▼ 20.1%
Score breakdownraises risk2 changes of registered office in 24 monthsSector: Specialised construction activities (NACE 43)Size: total assets €54,345lowers riskEquity €45,303 (83.4% of total assets)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+6
equity 83.4% of total assets
Liquidity 54-6
short-term debt 16.6% · cash 6.2%
Profitability 66-14
return on assets -2.4%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.0% 01-2025: 2.0%▲ +1.0 percentage point vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.2%▲ +0.1 percentage points vs 04-2025 06-2025: 2.2%● unchanged vs 05-2025 07-2025: 0.5%▼ -1.7 percentage points vs 06-2025lowest value 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025lowest value 12-2025: 2.0%▲ +1.5 percentage points vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.0%▼ -0.1 percentage points vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 2.9%● unchanged vs 08-2026highest value 10-2026: 2.9%● unchanged vs 09-2026highest value 11-2026: 2.9%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.68 (2.53 in 2024), above the usual 1.5. Short-term debt is 16.6% and cash 6.2% of total assets. 16.6% 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, 49% on liquidity, 32% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €54,345
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €45,303 (83.4% of total assets)
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
34 days early
2023
29 days early
2022
21 days early
2021
34 days early
2020
33 days early
2019
35 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 31 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (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
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in specialised constructionsector median 46.7% · 34,954 companies 83.4% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Evergem to AsteneNew seat: Henriette Chaumatstraat 77, 9800 Astene · Previous seat: Kurkstraat 16, 9940 Evergem
  2. · Gazette deed Registered office moved from Uitbergen to ErtveldeNew seat: Kurkstraat 16, 9940 Ertvelde · Previous seat: Grote Kouterstraat 49, 9290 Uitbergen
  3. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
All 18 events

Comparable companies

These companies have the same main activity as De Smedt Raf: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €48,200 and €75,000, founded between 1988 and 1997.

CompanyTotal assetsGross margin
De Smedt Raf Deinze€54,345€20,255
LUC DURANT Lede€75,035€19,214
MAVYP Denderleeuw€48,851€12,719
CUISI - SANI - DESIGN Modave€58,760€14,429
OCTOPUS Tielt-Winge€48,196€19,855
DONY VASTGOED Dessel€63,649€29,183
PRIVATE AND INDUSTRIAL CLEANING COMPANY Braine-le-Château€59,070€33,262
Full comparison

Key facts about De Smedt Raf

What is the company number of De Smedt Raf?
The company number of De Smedt Raf is 0439.406.238. The VAT number is the same number with BE in front: BE 0439.406.238.
Where is De Smedt Raf based?
The registered office is at Henriette Chaumatstraat 77, 9800 Deinze.Company details
What does De Smedt Raf do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of De Smedt Raf?
The legal form of De Smedt Raf is Private limited company (BV).
When was De Smedt Raf founded?
De Smedt Raf was founded on 11-12-1989.
Is De Smedt Raf still active?
Yes, De Smedt Raf is an active enterprise in the KBO register.
What is the turnover of De Smedt Raf?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €20,255 and 37 comparable companies (NACE 43350). It probably lies between €120,000 and €430,000. It is a rough estimate.Financials
Is De Smedt Raf profitable?
In financial year 2025, De Smedt Raf made a loss of €1,312.
Where can I find the annual accounts of De Smedt Raf?
De Smedt Raf filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Smedt Raf due?
De Smedt Raf must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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