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Complete company report
Generated 20-07-2026
Active BE 0474.039.889Private limited company

ELECTRO SMETS

Markt 9 ·2460 Kasterlee, Belgium· 25 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of ELECTRO SMETS is 0.6% (low). The 2025 annual accounts show equity of €642k and a net result of €65k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 324 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €642k
Net result €65k
Staff (FTE) 3.5
Better than sector 86%
Snowflake analysis 5 axes · computed by Checked
Health100Profitability50Solvency100Growth78Stability100
86 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 50
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2001, 25 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 29-10-2025 with the NBB · fiscal year 2025 · verkort
€0€50k€100k€150kOperating result 2021: €101k€101kNet result 2021: €159k€159kOperating result 2022: €118k€118kNet result 2022: €79k€79kOperating result 2023: €151k€151kNet result 2023: €101k€101kOperating result 2024: €111k€111kNet result 2024: €64k€64kOperating result 2025: €106k€106kNet result 2025: €65k€65k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k€800k2026: €697k (€646k - €748k)2027: €749k (€698k - €801k)2028: €801k (€750k - €853k)2019: €335k2020: €385k2021: €424k2022: €477k2023: €541k2024: €605k2025: €642k2019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 72.6% 38.9%
better than 86% of 324 sector peers
Net result €65k €40k
better than 60% of 324 sector peers
Equity €642k €181k
better than 81% of 324 sector peers
Gross operating margin €387k €211k
better than 63% of 324 sector peers
Staff costs €211k €211k
higher than 50% of 207 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€170k
+0.2% far above sector median
Net profit
€65k
+0.7% far above sector median
Cash flow
€129k
+4.9% far above sector median
Total assets
€884k
+2.4% far above sector median
Equity
€642k
+6.2% far above sector median
Working capital
€518k
+10.3% far above sector median
Employees (FTE)
4
0.0% -26% vs sector
Staff costs
€211k
+4.5% +260% vs sector
Income taxes
€34k
+2.9% far above sector median
Dividends
€27k
-27.0% -8% vs sector
Debt
€242k
-6.4% +183% vs sector
Debt ≤ 1y
€143k
-11.6% +138% vs sector
Debt > 1y
€99k
+2.3% far above sector median
Current ratio
4.63
+18.4% +205% vs sector
Quick ratio
1.16
-19.1% -10% vs sector
Solvency
72.6%
+3.7% +52% vs sector
Debt / equity
0.38
-11.8% -66% vs sector
ROE
10.0%
-5.2% +50% vs sector
ROA
7.3%
-1.7% +112% vs sector
Interest coverage
22.08
+86.1% +152% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€170k
Net profit€65k
Cash flow€129k
Staff costs€211k
Income taxes€34k
Dividends€27k
Total assets€884k
Equity€642k
Debt€242k
of which ≤ 1y€143k
of which > 1y€99k
Working capital€518k
Employees (FTE)3.5
Ratios (computed)
2025
Current ratio4.63
Quick ratio1.16
Working capital ratio58.6%
Solvency72.6%
Debt / equity0.38
Long-term debt ratio0.15
Interest coverage22.08
Gross margin-
Net margin-
ROA7.3%
ROE10.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€884k
Fixed assets 21/28€224k
Tangible fixed assets 22/27€224k
Current assets 29/58€661k
Stocks & contracts in progress 3€496k
Amounts receivable within one year 40/41€25k
Investments 50/53€947
Cash & bank 54/58€131k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€884k
Equity 10/15€642k
Contributions / capital 10/11€7k
Reserves 13€635k
Amounts payable 17/49€242k
Amounts payable after one year 17€99k
Amounts payable within one year 42/48€143k
Trade debts payable within one year 44€70k
Income statement
Gross operating margin 9900€387k
Operating result 9901€106k
Financial income 75€5
Financial charges 65€8k
Result before taxes 9903€98k
Income taxes 67/77€34k
Net result for the period 9904€65k
Result to be appropriated 9905€65k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company(610)
Incorporation08-02-2001
StatusActive
Postal code2460
Establishment units 1 location
Markt 9, 2460 Kasterlee
Vervaardiging van al dan niet zelfladende of zelflossende aanhangwagens en opleggers voor landbouwdoeleinden
since 20012.116.244.248
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13017G0511/02M000 Flanders 832 m² 1 · 572 m² 10.8 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
29-10-2025
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2024
29-10-2024
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2023
27-10-2023
NBB filing Annual accounts filed
fiscal year 2023 · verkort
20-04-2023
State Gazette act Director changes
Ingrid VOETEN
2022
24-11-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2021
26-11-2021
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2020
20-11-2020
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2019
15-11-2019
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2018
16-11-2018
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2017
17-11-2017
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2016
18-11-2016
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
20-04-2023 3 resigning, 3 reappointed Director changes·Ingrid VOETEN
  • Erik Smets, Bestuurder
  • Marleen Smets, Bestuurder
  • Bart Smets, Bestuurder
  • Erik Smets, Bestuurder
  • Marleen Smets, Bestuurder
  • Bart Smets, Bestuurder
Notary: Ingrid VOETEN · Kasterlee
Technical details 
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrische installatie45310Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur52450Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van verwarming, klimaatregeling en ventilatie45331Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540
Primary activity highlighted.
Names & trade names
Legal nameNL ELECTRO SMETS
Registered office
Markt 9
2460 Kasterlee, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative