JEROEN SMETS
ActiveJEROEN SMETS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €371k and a net result of €55k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+2
Solvency70▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity ample (current ratio 2.42 against 2.33 in 2023; short-term debt: 13% of total assets), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
58 d late
2022
60 d late
2021
80 d late
2020
31 d late
2019
139 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€371k▲ 17.4%
2023 · €317k
2018: €199k
2019: €237k
2020: €256k
2021: €274k
2022: €278k
2023: €317k
2018 → 2024
Total assets
€828k▲ 4.9%
2023 · €790k
2018: €753k
2019: €767k
2020: €771k
2021: €755k
2022: €722k
2023: €790k
2018 → 2024
Net result
€55k▲ 42.5%
2023 · €39k
2018: €14k
2019: €38k
2020: €19k
2021: €18k
2022: €4k
2023: €39k
2018 → 2024
Working capital
€152k▲ 30.0%
2023 · €117k
2018: €44k
2019: €90k
2020: €115k
2021: €115k
2022: €101k
2023: €117k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€256k-€274k▲ 6.9%€278k▲ 1.6%€317k▲ 13.9%€371k▲ 17.4%
Operating result€26k-€41k▲ 60.6%€36k▼ 13.6%€76k▲ 113%€96k▲ 25.8%
Net result€19k-€18k▼ 7.4%€4k▼ 74.9%€39k▲ 772%€55k▲ 42.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 26% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €828k
Fixed assets
€568k▼ 2.8%
Current assets
€260k▲ 26.5%
Equity and liabilities €828k
Equity
€371k▲ 17.4%
Debt
€457k▼ 3.5%
The debt ratio falls from 59.9% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▲
2023 · €111k
Cash flow
€96k▲
2023 · €73k
Solvency
44.9%▲
2023 · 40.1%
Current ratio
2.42▲
2023 · 2.33
Quick ratio
2.42▲
2023 · 2.33
Debt / equity
1.23▼
2023 · 1.50
ROE
14.8%▲
2023 · 12.2%
ROA
6.6%▲
2023 · 4.9%
Interest coverage
9.07▲
2023 · 6.93
Debt
€457k▼
2023 · €473k
Debt ≤ 1 year
€108k▲
2023 · €88k
Debt > 1 year
€346k▼
2023 · €382k
Income taxes
€26k▲
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€790k€828k▲
Fixed assets21/28€584k€568k▼
Tangible fixed assets22/27€584k€568k▼
Land and buildings22€536k€541k▲
Furniture and vehicles24€48k€27k▼
Current assets29/58€206k€260k▲
Amounts receivable after more than one year29€180k€180k=
Other amounts receivable291€180k€180k=
Amounts receivable within one year40/41€20k€80k▲
Other amounts receivable41€20k€80k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€790k€828k▲
Equity10/15€317k€371k▲
Contributions10/11€12k€12k=
Reserves13€304k€359k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€302k€357k▲
Amounts payable17/49€473k€457k▼
Amounts payable after more than one year17€382k€346k▼
Financial debts170/4€382k€346k▼
Amounts payable within one year42/48€88k€108k▲
Current portion of amounts payable after more than one year42€47k€50k▲
Financial debts43€9€4k▲
Credit institutions430/8€9€4k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€34k€49k▲
Taxes450/3€34k€49k▲
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€41k▲
Other operating charges640/8€4k€214▼
Gross operating margin9900€114k€137k▲
Operating profit (loss)9901€76k€96k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€19k€15k▼
Recurring financial charges65€16k€15k▼
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€62k€81k▲
Income taxes67/77€24k€26k▲
Profit (loss) for the period9904€39k€55k▲
Profit (loss) for the period to be appropriated9905€39k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€55k▲
Transfer to equity691/2€39k€55k▲
To other reserves6921€39k€55k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Highest result since 2018net €55k ▲42.5%
Operating result €96k, net result €55k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €4k ▼74.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 139 days late
2019
31-12
Financial
Equity above €200kEq €237k ▲19.2%
2 profitable years in a row build equity to €237k.
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 110 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel
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.
Nijverheidsstraat 261040 BrusselGround area
1,922 m²
Building footprint
1,893 m²
Volume, LiDAR
41,649 m³
Parcel 21805E0318/00F000, Brussels · tallest building 52.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0318/00F000 | Brussels | 1,922 m² | 1 · 1,893 m² | 52.3 m · 4 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
THIEL
BE 0477.027.192
Schaarbeek · Eq €371k
TAINMONT
BE 0887.661.549
Ukkel · Eq €372k
GS LEGAL
BE 0897.578.513
Brussel · Eq €371k
Advocatenkantoor HEY-IUS
BE 0597.649.365
Brussel · Eq €371k
Cabinet d'avocats Olivier Eschweiler
BE 0849.547.675
Esneux · Eq €370k
Of 22,054 companies in sector 69101 we hold annual accounts for 9,053. 6,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-07-2012
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.