De Smet
ActiveDe Smet has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €396k and a net result of €124k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 27.22 against 27.52 in 2023; short-term debt: 3.6% and cash: 86.3% of total assets), and 3.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.4%
Return on assets
30.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
2022
38 d early
2021
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€396k▲ 45.6%
2023 · €272k
2021: €82k
2022: €170k
2023: €272k
2021 → 2024
Total assets
€410k▲ 45.6%
2023 · €282k
2021: €91k
2022: €180k
2023: €282k
2021 → 2024
Net result
€124k▲ 21.4%
2023 · €102k
2021: €80k
2022: €87k
2023: €102k
2021 → 2024
Working capital
€384k▲ 42.1%
2023 · €270k
2021: €80k
2022: €168k
2023: €270k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€82k-€170k▲ 106%€272k▲ 60.2%€396k▲ 45.6%
Operating result€98k-€108k▲ 10.3%€131k▲ 20.9%€160k▲ 22.0%
Net result€80k-€87k▲ 9.0%€102k▲ 17.3%€124k▲ 21.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 22% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €410k
Fixed assets
€12k▲ 632%
Current assets
€398k▲ 42.2%
Equity and liabilities €410k
Equity
€396k▲ 45.6%
Debt
€15k▲ 43.8%
The debt ratio stays at 3.6%.
Key figures and ratios
EBITDA
€160k▲
2023 · €131k
Cash flow
€124k▲
2023 · €102k
Solvency
96.4%=
2023 · 96.4%
Current ratio
27.22▼
2023 · 27.52
Quick ratio
27.22▼
2023 · 27.52
Debt / equity
0.04▼
2023 · 0.04
ROE
31.3%▼
2023 · 37.6%
ROA
30.2%▼
2023 · 36.2%
Interest coverage
52.19▲
2023 · 36.23
Debt
€15k▲
2023 · €10k
Debt ≤ 1 year
€15k▲
2023 · €10k
Income taxes
€35k▲
2023 · €28k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€282k€410k▲
Fixed assets21/28€2k€12k▲
Tangible fixed assets22/27€2k€12k▲
Furniture and vehicles24€2k€12k▲
Current assets29/58€280k€398k▲
Amounts receivable within one year40/41-€42k
Trade receivables40-€11k
Other amounts receivable41-€31k
Cash at bank and in hand54/58€280k€354k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€282k€410k▲
Equity10/15€272k€396k▲
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Reserves13€269k€393k▲
Distributable reserves133€269k€393k▲
Amounts payable17/49€10k€15k▲
Amounts payable within one year42/48€10k€15k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48€1k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€238€444▲
Other operating charges640/8€1k€790▼
Gross operating margin9900€132k€161k▲
Operating profit (loss)9901€131k€160k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€130k€159k▲
Income taxes67/77€28k€35k▲
Profit (loss) for the period9904€102k€124k▲
Profit (loss) for the period to be appropriated9905€102k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€102k€124k▲
Transfer to equity691/2€102k€124k▲
To other reserves6921€102k€124k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €124k ▲21.4%
Operating result €160k, net result €124k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €272k ▲60.2%
3 profitable years in a row build equity to €272k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €170k ▲106%
2 profitable years in a row build equity to €170k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Hoeilaart · 1 establishment unit since 2020
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.
Jezus-Eiksesteenweg 871560 HoeilaartGround area
6,304 m²
Building footprint
2,121 m²
Volume, LiDAR
53,239 m³
2 parcels, Brussels, Flanders · tallest building 33.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
De Smet
since 20202.304.201.544
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0523/00K002 | Brussels | 5,039 m² | 1 · 1,939 m² | 33.6 m · 10 fl. |
| 23033B0004/00Y005 | Flanders | 1,265 m² | 1 · 183 m² | - |
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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ADVOCATENKANTOOR CHARLOTTE KENNIS
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PROELIUM GROUPE
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Of 22,054 companies in sector 69101 we hold annual accounts for 9,053. 6,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2020
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.