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PATRICK SMETS NV

Active
Public limited companyfounded 197848 yrs activeAarschotsesteenweg 328, 2500 Lier, BelgiumKBO/BCE: BE 0418.022.587
Summary

PATRICK SMETS NV has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €475,565. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 4652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch ReportCompare
PATRICK SMETS NVActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811NACE 45113NACE 45201
#4 company by staff growth in Lier, Wholesale and retail trade sector2 sites
Size
€48.3mturnover 2025
Staff
45.3 FTE
Equity
€2.8m
Profit
€475,565
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
1.0%
Structure
Parent
LANACOM · 99.98%
Accounts 18 d early0 of 15 deeds read
Why 66- Liquidity: current ratio 1.04, cash €83,985- Equity €2.8m (23.4% of total assets)- Sector Retail trade (NACE 47)- Size: turnover €48.3m, 45.3 FTE, total assets €11.9mShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 35% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 48+2
equity 23.4% of total assets
Liquidity 14+3
short-term debt 68.5% · cash 0.7%
Profitability 59+10
return on assets 4.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,675 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%● 0.0% vs 12-2024 02-2025: 0.7%▼ -3.4% vs 01-2025lowest value 03-2025: 0.7%▲ +1.4% vs 02-2025 04-2025: 0.7%▲ +1.8% vs 03-2025 05-2025: 0.7%● 0.0% vs 04-2025 06-2025: 0.7%▲ +2.9% vs 05-2025 07-2025: 0.9%▲ +26.7% vs 06-2025 08-2025: 0.8%▼ -12.2% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.9%▲ +10.6% vs 01-2026 03-2026: 0.9%▲ +1.4% vs 02-2026 04-2026: 1.0%▲ +1.8% vs 03-2026 05-2026: 1.0%▲ +1.6% vs 04-2026 06-2026: 1.0%▲ +2.2% vs 05-2026highest value 07-2026: 1.0%▼ -0.3% vs 06-2026 08-2026: 1.0%▼ -0.9% vs 07-2026 09-2026: 1.0%● 0.0% vs 08-2026 10-2026: 1.0%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.04, cash €83,985 raises the probability
  • Equity €2.8m (23.4% of total assets) raises the probability
  • Sector Retail trade (NACE 47) raises the probability
  • Size: turnover €48.3m, 45.3 FTE, total assets €11.9m raises the probability for this profile
Credit up to €180,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.02 in 2024; short-term debt: 68.5% and cash: 0.7% of total assets), and 76.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 40%, liquidity 12%, profitability 41%, growth against the median 48%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.04, cash €83,985
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €2.8m (23.4% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Size: turnover €48.3m, 45.3 FTE, total assets €11.9m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
6 d early
2023
on the day
2022
11 d early
2021
23 d late
2020
9 d early
2019
49 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Among the best 13% on net resultsector median €40,227 · 4,652 companies €475,565 View
  • Controlled by LANACOM 99.98% View
  • Positive: 7 profitable years in a rowprofit 2025: €475,565 7 years View
  • Positive: Result rose in 2025from €357,654 to €475,565 ▲ 33.0% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Active since 1978founded 28-02-1978 48 years View
  • Flemish supportawarded 2022 - 2025 €60,047 View

By topic

Financials

Fiscal year
2025
Turnover
€48.3m
Profit
€475,565
Solvency
23.4%
Turnover▼ 4.8%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 13-07-2026Annual accounts filed
  2. 25-07-2025Annual accounts filed
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
28-02-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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