FABIEN SMETS Avocat · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FABIEN SMETS Avocat is 0.4% (very low). The 2024 annual accounts show equity of €138k and a net result of €133k. Its solvency ranks better than 20% of 4829 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4829 sector peers (2024).

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2024	31-07-2025	10-06-2025	51 d early	2025-00128813

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Higher-failure-rate region +

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

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€133k

Working capital€25k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	26.2%	61.0%	better than 20% of 4829 sector peers
Net result	€133k	€33k	better than 92% of 4826 sector peers
Equity	€138k	€59k	better than 78% of 4829 sector peers
Gross operating margin	€187k	€56k	better than 90% of 4824 sector peers
Total assets	€527k	€117k	better than 91% of 4829 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€184k
Net profit	€133k
Cash flow	€135k
Staff costs	-
Income taxes	€45k
Dividends	-
Total assets	€527k
Equity	€138k
Debt	€389k
of which ≤ 1y	€70k
of which > 1y	€319k
Working capital	€25k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.35
Quick ratio	1.35
Working capital ratio	4.7%
Solvency	26.2%
Debt / equity	2.82
Long-term debt ratio	2.31
Interest coverage	45.68
Gross margin	-
Net margin	-
ROA	25.2%
ROE	96.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €432k · 82.0% Current assets €95k · 18.0%

Equity & liabilities

Equity €138k · 26.2% Debt €389k · 73.8%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€527k
Fixed assets	21/28	€432k
Tangible fixed assets	22/27	€32k
Financial fixed assets	28	€400k
Current assets	29/58	€95k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€91k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€527k
Equity	10/15	€138k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€133k
Amounts payable	17/49	€389k
Amounts payable after one year	17	€319k
Amounts payable within one year	42/48	€70k
Trade debts payable within one year	44	€496
Income statement
Gross operating margin	9900	€187k
Operating result	9901	€182k
Financial charges	65	€4k
Result before taxes	9903	€178k
Income taxes	67/77	€45k
Net result for the period	9904	€133k
Result to be appropriated	9905	€133k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

78 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Chaussée de Mons 527170 Manage

Establishment units

1 location

FABIEN SMETS Avocat

Chaussée de Mons 52, 7170 ManageActiviteiten van advocaten

since 20242.361.267.733

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area2,197 m²

Buildings1

Building footprint154 m²

Volume (LiDAR)1,570 m³

Tallest building12.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52043A0312/00D007	Wallonia	2,197 m²	1 · 154 m²	12.6 m · 3 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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.