Dr. Frank Smet
ActiveSummary
The computed 12-month bankruptcy probability of Dr. Frank Smet is 4.6% (elevated). For Dr. Frank Smet, at least two annual filings are missing. The 2023 annual accounts show equity of €1.4m and a net result of €26. Equity has been growing by about 3.6% per year since 2018. The company has been active since 2005 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
Overview
Official details
Source: KBO- Status
- Active since 14-03-2005 Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.6%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €1,694
- ▼ 60.9%
- Turnover
- ≈ €13,000
- estimated
- Profit
- €26
- Equity
- €1.4m
- =
- Total assets
- €1.4m
- =
- 2024 accounts not filed, 458 days past the deadline
Filed on 30-09-2024
Signalsraises riskFigures for financial year 2023 (filed on 30-09-2024)2 financial years not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 accounts lateTwo or more financial years not filed2023 accounts filed 61 days lateAdministrative warnings in the KBO publicationslowers riskSize: total assets €1.4mEquity €1.4m (98.9% of total assets)Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Strong
Solvency
100=
equity 98.9% of total assets
Liquidity
74-2
short-term debt 1.1% · cash 19.5%
Profitability
69=
return on assets 0.0%
Bankruptcy probability within 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.3 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 1.3%▲ +0.5 percentage points vs 11-2025
01-2026: 3.6%▲ +2.3 percentage points vs 12-2025
02-2026: 3.6%● unchanged vs 01-2026
03-2026: 3.6%● unchanged vs 02-2026
04-2026: 3.4%▼ -0.2 percentage points vs 03-2026
05-2026: 3.4%● unchanged vs 04-2026
06-2026: 3.1%▼ -0.3 percentage points vs 05-2026
07-2026: 3.1%● unchanged vs 06-2026
08-2026: 3.5%▲ +0.4 percentage points vs 07-2026
09-2026: 3.5%● unchanged vs 08-2026
10-2026: 4.6%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 4.6%● unchanged vs 10-2026highest value
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Signals
Seven signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline01-11-2026 today
raises risk · 2023 accounts filed 61 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
61 days late
2022
303 days late
2021
668 days late
2020
1033 days late
2019
1398 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 5 accounts on average 693 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceStrikeout withdrawn
Recent changes
- · KBO administration Strikeout withdrawnevent 29-05-2024
- · KBO administration UBO non-complianceevent 22-04-2024
- · Gazette deed Incorporation
Key facts about Dr. Frank Smet
- What is the company number of Dr. Frank Smet?
- The company number of Dr. Frank Smet is 0872.481.148. The VAT number is the same number with BE in front: BE 0872.481.148.
- Where is Dr. Frank Smet based?
- The registered office is at Heidestraat 45, 9250 Waasmunster.Company details
- What is the legal form of Dr. Frank Smet?
- The legal form of Dr. Frank Smet is Private limited company (pre-2019) (BVBA).
- When was Dr. Frank Smet founded?
- Dr. Frank Smet was founded on 14-03-2005.
- Is Dr. Frank Smet still active?
- Yes, Dr. Frank Smet is an active enterprise in the KBO register.
- What is the turnover of Dr. Frank Smet?
- The turnover in financial year 2023 is ≈ €13,000. This figure is estimated from the gross margin of €1,694 and 6,330 comparable companies of the same size. It probably lies between €5,900 and €31,000. It is a rough estimate.Financials
- Is Dr. Frank Smet profitable?
- In financial year 2023, Dr. Frank Smet made a profit of €26.
- Where can I find the annual accounts of Dr. Frank Smet?
- Dr. Frank Smet filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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