Summary
INGENIEUR ARCHITECT THOMAS SMETS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its net result ranks better than 72% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability100=
Solvency-
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Return on assets
43.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
27 d late
2022
31 d early
2021
9 d late
2020
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 96.9%
2022 · €158k
2020: €50k
2021: €109k
2022: €158k
2020 → 2023
Total assets
€87k▼ 29.5%
2023 · €123k
2020: €72k
2021: €125k
2022: €169k
2023: €123k
2020 → 2024
Net result
€38k▼ 28.6%
2023 · €53k
2020: €50k
2021: €60k
2022: €50k
2023: €53k
2020 → 2024
Working capital
€-479
2023 · €3k
2020: €40k
2021: €101k
2022: €154k
2023: €3k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€109k▲ 118%€158k▲ 45.5%€5k▼ 96.9%
Operating result€63k-€77k▲ 22.2%€64k▼ 17.6%€70k▲ 9.6%€57k▼ 19.1%
Net result€50k-€60k▲ 21.2%€50k▼ 16.8%€53k▲ 5.0%€38k▼ 28.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87k
Fixed assets
€479 ▼ 71.5%
Current assets
€86k ▼ 28.9%
Key figures and ratios
EBITDA
€58k▼
2023 · €73k
Cash flow
€39k▼
2023 · €56k
Current ratio
0.99▼
2023 · 1.03
Quick ratio
0.99▼
2023 · 1.03
ROA
43.6%▲
2023 · 43.0%
Interest coverage
14.87▼
2023 · 26.49
Debt
€87k▼
2023 · €118k
Debt ≤ 1 year
€87k▼
2023 · €118k
Income taxes
€15k▲
2023 · €14k
Staff costs
€2k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€123k€87k▼
Fixed assets21/28€2k€479▼
Tangible fixed assets22/27€2k€479▼
Furniture and vehicles24€2k€479▼
Current assets29/58€121k€86k▼
Stocks and contracts in progress3€127€127=
Stocks30/36€127€127=
Amounts receivable within one year40/41€24k€28k▲
Trade receivables40€22k€26k▲
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€93k€54k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€123k€87k▼
Equity10/15€5k-
Profit (loss) carried forward14€5k-
Amounts payable17/49€118k€87k▼
Amounts payable within one year42/48€118k€87k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€38k€10k▼
Taxes450/3€38k€10k▼
Other amounts payable47/48€78k€74k▼
Income statement
Code20232024
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€77k€63k▼
Operating profit (loss)9901€70k€57k▼
Financial income75/76B€0€57▲
Recurring financial income75€0€57▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€67k€53k▼
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€53k€38k▼
Profit (loss) for the period to be appropriated9905€53k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€43k▼
Profit (loss) brought forward from the previous period14P-€5k
Transfer from equity791/2€158k-
Profit to be distributed694/7€206k€43k▼
Return on contributions (dividend)694€206k€43k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 31-08-2026
- Registered-office move, Heggebossenweg 23, 3980 Tessenderlo - Ham
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €38k ▼28.6%
Net result drops to €38k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 15.14
Current ratio from 7.12 to 15.14; short-term debt falls from €17k to €11k.
31-12
Financial
Equity above €150kEq €158k ▲45.5%
3 profitable years in a row build equity to €158k.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2020net €60k ▲21.2%
Operating result €77k, net result €60k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 7.12
Current ratio from 2.84 to 7.12; short-term debt falls from €22k to €17k.
31-12
Financial
Equity above €100kEq €109k ▲118%
2 profitable years in a row build equity to €109k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2019
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.
Heggebossenweg 233980 Tessenderlo-HamGround area
1,465 m²
Building footprint
115 m²
Volume, LiDAR
1,000 m³
2 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INGENIEUR ARCHITECT THOMAS SMETS
since 20192.297.037.303
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364E2606/00B000 | Flanders | 1,063 m² | - | - |
| 24097O0049/00K002 | Flanders | 401 m² | 1 · 115 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 906 EUR awarded · 906 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 906 EUR | 906 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500AD6EEB1A7SCL59
Similar companies · same sector, comparable size
Sara Mé
BE 1015.401.344
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IF DESIGN
BE 0554.867.120
Antwerpen · Eq €4,960
JW Architects
BE 0788.463.807
Lasne · Eq €5,000
Margaux Lisabeth Interieurarchitectuur
BE 1004.180.523
Deinze · Eq €5,000
Amélie J.
BE 0776.512.021
Floreffe · Eq €5,046
Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.