DE SMET
ActiveSummary
DE SMET has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.8m and a net result of €166,856. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 87% of 6,178 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 09-12-1985 Normal situation
- Activity
- Wholesale of construction materials, general range NACE 46831
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
- Establishment unit
- 2.028.384.321 9340 Lede, since 01-01-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
- CAGOManaging director · permanent representative Geert De Smet
- Geertrui De SmetDirector · since 30-06-2022
- Veerle De SmetDirector · since 30-06-2022
- CAGO99.99%30-09-2025 annual accounts of CAGO
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €397,727
- ▼ 30.3%
- Turnover
- ≈ €2.0m
- estimated
- Profit
- €166,856
- ▼ 55.2%
- Equity
- €7.8m
- ▲ 2.2%
- Total assets
- €9.5m
- ▼ 1.2%
- Employees on 31-12-2025
- 2
- =
- 2025 accounts filed 45 days after the deadline
Score breakdownraises riskLast filed accounts filed 45 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 5.48, cash €5.8mFounded in 1985Size: 3 FTE, total assets €9.5mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 92% on liquidity, 28% on profitability and 48% on growth.
The bankruptcy probability was computed on 04-11-2026 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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Signals
The company filed its last 7 accounts on average 69 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: CAGO (managing director)Capital €500,000, 8,000 shares · Registered office clause: Molenhoek 131, 9340 Lede · Power of attorney: David De Neve
- · Gazette deed 4 reappointedReappointments: Veerle De Smet, Geertrui De Smet and Cago BV · Permanent representative: Geert De Smet
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DE SMET: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €4.4m and €9m, founded between 1983 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| DE SMET Lede | €9.5m | €0.4m |
| INTER - MINERALS Geel | €5.7m | €0.3m |
| COLORDECOR Aalst | €5.5m | €0.3m |
| WILLEMS INTERNATIONAL Ronse | €7.6m | €0.6m |
| MATERIAUX ET BETONS GRANDJEAN Hotton | €4.4m | €0.3m |
| ISOSTAR La Roche-en-Ardenne | €9.0m | €0.6m |
| BatiCentro Herstal | €4.5m | €0.6m |
Key facts about DE SMET
- What is the company number of DE SMET?
- The company number of DE SMET is 0428.106.332. The VAT number is the same number with BE in front: BE 0428.106.332.
- Where is DE SMET based?
- The registered office is at Molenhoek 131, 9340 Lede.Company details
- What does DE SMET do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of DE SMET?
- The legal form of DE SMET is Public limited company (NV).
- When was DE SMET founded?
- DE SMET was founded on 09-12-1985.
- Is DE SMET still active?
- Yes, DE SMET is an active enterprise in the KBO register.
- How many employees does DE SMET have?
- DE SMET had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DE SMET fall under?
- In its 2023 annual accounts, DE SMET states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of DE SMET?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €397,727 and 138 comparable companies (NACE 46). It probably lies between €1.3m and €3.4m.
- Is DE SMET profitable?
- In financial year 2025, DE SMET made a profit of €166,856.
- Where can I find the annual accounts of DE SMET?
- DE SMET filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DE SMET due?
- DE SMET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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