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DE SMIDSEHOEVE

Active
Private limited companyfounded 2018active for 8 yearsKortelakestraat(Ove) 24, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0688.656.745

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of DE SMIDSEHOEVE is 1.8% (moderate). The 2025 annual accounts show negative equity (-€28,499) and a net result of €1,260. Equity has been stable since 2019 (±1.6% per year). Its solvency ranks better than 14% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 19-01-2018 Normal situation
Legal form
Private limited company
Registered office
Kortelakestraat(Ove) 24, 9500 Geraardsbergen
Activity
Full-service restaurants NACE 56111and 5 others
Establishment unit
2.272.161.652 9500 Geraardsbergen, since 19-01-2018
Financial year end
30 September
Peppol
Reachable since 17-10-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts to 30-09-2025
Gross margin
€8,674
▼ 33.0%
Turnover
≈ €93,000
estimated
Profit
€1,260
▼ 67.0%
Equity
-€28,499
▲ 4.2%
Total assets
€60,058
▼ 7.3%
Staff
≈ 0 FTE
estimated
2025 accounts filed on time
Filed on 30-04-2026PDF
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Negative equity -€28,499lowers riskLiquidity: current ratio 0.48, cash €13,819Size: total assets €60,058Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -47.5% of total assets
Liquidity 29+3
short-term debt 147.5% · cash 23.0%
Profitability 71-5
return on assets 2.1%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.9%▲ +0.1 percentage points vs 12-2024 02-2025: 2.8%▼ -0.1 percentage points vs 01-2025 03-2025: 2.7%▼ -0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 2.4%▼ -0.6 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▼ -0.1 percentage points vs 07-2025 09-2025: 2.1%▼ -0.3 percentage points vs 08-2025 10-2025: 2.0%▼ -0.1 percentage points vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.7%▼ -0.3 percentage points vs 02-2026lowest value 04-2026: 1.9%▲ +0.2 percentage points vs 03-2026 05-2026: 2.6%▲ +0.7 percentage points vs 04-2026 06-2026: 1.8%▼ -0.8 percentage points vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 1.8%● unchanged vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.48 (0.43 in 2024), below 1. Short-term debt is 147.5% and cash 23% of total assets. Equity is negative.
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 56, micro). It does better than 9% of them on solvency, 24% on liquidity, 52% on profitability and 48% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity -€28,499
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.48, cash €13,819
NBB · annual accounts
lowers risk · Size: total assets €60,058
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 16961 sector peers (2025).
NBB · sector comparison
Position among 16961 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
on the day
2024
2 days early
2023
on the day
2022
3 days early
2021
30 days early
2020
on the day
2019
on the day
← 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 5 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€28,499 View
  • Caution: Less equity than 86% of companies in food and beverage servicesector median €28,733 · 16,992 companies -€28,499 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

Documents

Annual accounts at the NBB

All 7 annual accounts

Articles and registers

Key facts about DE SMIDSEHOEVE

What is the company number of DE SMIDSEHOEVE?
The company number of DE SMIDSEHOEVE is 0688.656.745. The VAT number is the same number with BE in front: BE 0688.656.745.
Where is DE SMIDSEHOEVE based?
The registered office is at Kortelakestraat(Ove) 24, 9500 Geraardsbergen.Company details
What does DE SMIDSEHOEVE do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of DE SMIDSEHOEVE?
The legal form of DE SMIDSEHOEVE is Private limited company (BV).
When was DE SMIDSEHOEVE founded?
DE SMIDSEHOEVE was founded on 19-01-2018.
Is DE SMIDSEHOEVE still active?
Yes, DE SMIDSEHOEVE is an active enterprise in the KBO register.
What is the turnover of DE SMIDSEHOEVE?
The turnover in financial year 2025 is ≈ €93,000. This figure is estimated from the gross margin of €8,674 and 93 comparable companies (NACE 56111). It probably lies between €45,000 and €190,000. It is a rough estimate.Financials
Is DE SMIDSEHOEVE profitable?
In financial year 2025, DE SMIDSEHOEVE made a profit of €1,260.
Where can I find the annual accounts of DE SMIDSEHOEVE?
DE SMIDSEHOEVE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of DE SMIDSEHOEVE due?
DE SMIDSEHOEVE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Comparable companies

These companies have the same main activity as DE SMIDSEHOEVE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €47,900 and €70,100, founded between 2016 and 2018.

CompanyTotal assetsGross margin
DE SMIDSEHOEVE Geraardsbergen€60,058€8,674
Lokaliteit Gent€56,547€7,624
GL FOOD Montigny-le-Tilleul€70,057€8,908
Amai zeg Gent€47,886€7,192
Briel Nijlen€60,203€6,670
E&S Trading Oostende€58,448€6,496
ANMA Lommel€56,405€11,069
Full comparison

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