FRÉDÉRIC SMET

Active

Private limited companyfounded 201214 yrs activeVermorgenstraat 28F, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0847.784.552

FRÉDÉRIC SMET has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €36k. Its solvency ranks better than 49% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Watch Print / PDF

Checked score

Score 2025

69 / 100

Healthy▼ -17 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability99▲+8

Solvency66▼-18

Growth78

Stability100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €12k at 30 days acceptable

Liquidity short (current ratio 0.9 against 2.31 in 2024), and 54.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

45.9%

Return on assets

9.1%

Age of the figures

8 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-02-2026, 163 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

163 d early

2024

44 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€179k▲ 3.1%

2024 · €174k

2024: €174k

2024 → 2025

Total assets

€390k▼ 10.2%

2024 · €435k

2024: €435k

2024 → 2025

Net result

€36k▲ 11.8%

2024 · €32k

2024: €32k

2024 → 2025

Working capital

€-6k

2024 · €47k

2024: €47k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€174k-€179k▲ 3.1%

Operating result€49k-€54k▲ 11.1%

Net result€32k-€36k▲ 11.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 11% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €390k

85.7%

14.3%

Fixed assets €335k▼ 5.0%

Current assets €56k▼ 32.3%

Equity and liabilities €390k

45.9%

54.1%

Equity €179k▲ 3.1%

Debt €211k▼ 19.1%

The debt ratio falls from 60.0% to 54.1%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€91k▲

2024 · €81k

Cash flow

€72k▲

2024 · €64k

Solvency

45.9%▲

2024 · 40.0%

Current ratio

0.90▼

2024 · 2.31

Quick ratio

0.90▼

2024 · 2.31

Debt / equity

1.18▼

2024 · 1.50

ROE

19.8%▲

2024 · 18.3%

ROA

9.1%▲

2024 · 7.3%

Interest coverage

20.18▲

2024 · 16.73

Debt

€211k▼

2024 · €261k

Debt ≤ 1 year

€62k▲

2024 · €35k

Debt > 1 year

€147k▼

2024 · €224k

Income taxes

€14k▲

2024 · €12k

Staff costs

€121k▼

2024 · €122k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€435k€390k▼

Fixed assets21/28€353k€335k▼

Tangible fixed assets22/27€353k€335k▼

Land and buildings22€301k€283k▼

Plant, machinery and equipment23€11k€7k▼

Furniture and vehicles24€29k€28k▼

Other tangible fixed assets26€11k€17k▲

Current assets29/58€82k€56k▼

Amounts receivable after more than one year29€78k-

Trade receivables290€42k-

Other amounts receivable291€36k-

Amounts receivable within one year40/41-€19k

Trade receivables40-€19k

Cash at bank and in hand54/58€3k€35k▲

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€435k€390k▼

Equity10/15€174k€179k▲

Contributions10/11€1k€1k=

Reserves13€171k€177k▲

Non-distributable reserves130/1€100€100=

Reserves not available under the articles1311€100€100=

Distributable reserves133€171k€177k▲

Profit (loss) carried forward14€2k€2k=

Amounts payable17/49€261k€211k▼

Amounts payable after more than one year17€224k€147k▼

Financial debts170/4€183k€147k▼

Trade debts175€41k-

Amounts payable within one year42/48€35k€62k▲

Current portion of amounts payable after more than one year42€35k€36k▲

Trade debts44-€12k

Suppliers440/4-€12k

Taxes, remuneration and social security45€383€13k▲

Taxes450/3€383€13k▲

Other amounts payable47/48-€549

Accrued charges and deferred income492/3€1k€2k▲

Income statement Code20242025

Remuneration, social security and pensions62€122k€121k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€36k▲

Other operating charges640/8€3k€4k▲

Gross operating margin9900€206k€215k▲

Operating profit (loss)9901€49k€54k▲

Financial income75/76B€30€5▼

Recurring financial income75€30€5▼

Financial charges65/66B€5k€4k▼

Recurring financial charges65€5k€4k▼

Profit (loss) for the period before taxes9903€44k€50k▲

Income taxes67/77€12k€14k▲

Profit (loss) for the period9904€32k€36k▲

Profit (loss) for the period to be appropriated9905€32k€36k▲

Appropriation of the result

Profit (loss) to be appropriated9906€32k€37k▲

Profit (loss) brought forward from the previous period14P-€2k

Transfer from equity791/2-€30k

Transfer to equity691/2€32k€36k▲

To other reserves6921€32k€36k▲

Shareholders' contribution to the loss794€2k-

Profit to be distributed694/7-€30k

Return on contributions (dividend)694-€30k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Sint-Niklaas · 1 establishment unit since 2012

establishment The establishment unit on the map

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.

Vermorgenstraat 28F9100 Sint-Niklaas

Ground area

1,437 m²

Building footprint

175 m²

Volume, LiDAR

2,965 m³

Parcel 46447B0465/00N010, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

FRÉDÉRIC SMET

Vermorgenstraat 28F, 9100 Sint-NiklaasPainting of buildings

since 20122.211.561.396

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46447B0465/00N010	Flanders	1,437 m²	1 · 175 m²	21.0 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

G DEKORATIE

BE 0417.784.146

Mol · Eq €178k

VYVEY, het andere interieur

Of 907 companies in sector 43333 we hold annual accounts for 397. 318 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-08-2012

Fiscal year end31-12

Activities, NACEBEL

43333Wallpapering and laying of floor and wall coverings in other materials

43341Painting of buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:frederic.smet@hotmail.com

Establishment Sint-Niklaas 2.211.561.396

Phone:0497 386 415

Establishment Sint-Niklaas 2.211.561.396