G. SMET
ActiveSummary
G. SMET has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €582,227. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 79% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 24-12-1996 Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipment NACE 46431and 2 others
- Establishment unit
- 2.080.346.825 9120 Beveren-Kruibeke-Zwijndrecht, since 10-02-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- SMET GertDirector · since 19-10-2020
- SMET PeterDirector · since 19-10-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €1.5m
- ▼ 9.0%
- Turnover
- ≈ €6.2m
- estimated
- Profit
- €582,227
- ▼ 19.0%
- Equity
- €4.7m
- ▲ 8.5%
- Total assets
- €6.4m
- ▲ 29.9%
- Employees on 31-12-2025
- 7
- =
- 2025 accounts filed 4 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 7.48, cash €3.0mFounded in 1996Size: 6.1 FTE, total assets €6.4mEquity €4.7m (73.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 78% of them on solvency, 96% on liquidity, 73% on profitability and 62% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Miscellaneous
- · Gazette deed Demerger: ISITEC splits off to G.Smet
- · Gazette deed Demerger proposal: ISITEC NV splits off to G.Smet BV
Comparable companies
These companies have the same main activity as G. SMET: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €4m and €9.1m, founded between 1992 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| G. SMET Beveren-Kruibeke-Zwijndrecht | €6.4m | €1.5m |
| JADE Deinze | €4.7m | €1.4m |
| PIERRE DUC Liège | €9.1m | €1.9m |
| HVP LIGHTING Waregem | €6.3m | €1.2m |
| LOWYCK JEAN-PAUL Brugge | €4.0m | €1.3m |
| ELECTRO TECHNISCH CENTER Izegem | €4.4m | €1.0m |
| HOUSE OF MUSIC Gavere | €4.6m | €1.2m |
Key facts about G. SMET
- What is the company number of G. SMET?
- The company number of G. SMET is 0459.602.727. The VAT number is the same number with BE in front: BE 0459.602.727.
- Where is G. SMET based?
- The registered office is at Oude Zandstraat(BEV) 83, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does G. SMET do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of G. SMET?
- The legal form of G. SMET is Private limited company (BV).
- When was G. SMET founded?
- G. SMET was founded on 24-12-1996.
- Is G. SMET still active?
- Yes, G. SMET is an active enterprise in the KBO register.
- How many employees does G. SMET have?
- G. SMET had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of G. SMET?
- The turnover in financial year 2025 is ≈ €6.2m. This figure is estimated from the gross margin of €1.5m and 98 comparable companies (NACE 46). It probably lies between €3.8m and €11.0m.
- Is G. SMET profitable?
- In financial year 2025, G. SMET made a profit of €582,227.
- Where can I find the annual accounts of G. SMET?
- G. SMET filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of G. SMET due?
- G. SMET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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