Peter Smets
ActivePeter Smets has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426k and a net result of €77k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 9.95 against 4.65 in 2024; short-term debt: 9.7% and cash: 42.2% of total assets), and 9.8% of the assets are financed with debt.
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
raises risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.2%
Return on assets
16.2%
Age of the figures
9 mo
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
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
41 d early
2023
47 d early
2022
31 d early
2021
46 d early
2020
46 d early
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€426k▲ 22.0%
2024 · €349k
2018: €291k
2019: €305k
2020: €280k
2021: €288k
2022: €311k
2023: €353k
2024: €349k
2018 → 2025
Total assets
€472k▲ 5.8%
2024 · €446k
2018: €540k
2019: €426k
2020: €417k
2021: €413k
2022: €421k
2023: €403k
2024: €446k
2018 → 2025
Net result
€77k▲ 51.1%
2024 · €51k
2018: €33k
2019: €13k
2020: €27k
2021: €8k
2022: €23k
2023: €42k
2024: €51k
2018 → 2025
Working capital
€409k▲ 20.3%
2024 · €340k
2018: €190k
2019: €211k
2020: €188k
2021: €214k
2022: €266k
2023: €335k
2024: €340k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€288k-€311k▲ 8.0%€353k▲ 13.5%€349k▼ 1.2%€426k▲ 22.0%
Operating result€11k-€30k▲ 168%€57k▲ 91.3%€67k▲ 17.1%€103k▲ 53.3%
Net result€8k-€23k▲ 190%€42k▲ 81.0%€51k▲ 20.8%€77k▲ 51.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 53% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€17k▲ 31.4%
Current assets
€455k▲ 5.0%
Equity and liabilities €472k
Equity
€426k▲ 22.0%
Debt
€46k▼ 52.4%
The debt ratio falls from 21.8% to 9.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107k▲
2024 · €87k
Cash flow
€81k▲
2024 · €70k
Solvency
90.2%▲
2024 · 78.2%
Current ratio
9.95▲
2024 · 4.65
Quick ratio
9.04▲
2024 · 4.05
Debt / equity
0.11▼
2024 · 0.28
ROE
18.0%▲
2024 · 14.5%
ROA
16.2%▲
2024 · 11.4%
Interest coverage
177.69▲
2024 · 81.12
Debt
€46k▼
2024 · €97k
Debt ≤ 1 year
€46k▼
2024 · €93k
Income taxes
€30k▲
2024 · €20k
Staff costs
€184k▲
2024 · €145k
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€446k€472k▲
Fixed assets21/28€13k€17k▲
Tangible fixed assets22/27€13k€17k▲
Plant, machinery and equipment23€121€4k▲
Furniture and vehicles24€11k€12k▲
Other tangible fixed assets26€2k€865▼
Financial fixed assets28€245€245=
Current assets29/58€433k€455k▲
Stocks and contracts in progress3€56k€42k▼
Stocks30/36€56k€42k▼
Amounts receivable within one year40/41€31k€63k▲
Trade receivables40€13k€36k▲
Other amounts receivable41€18k€27k▲
Current investments50/53€153k€135k▼
Cash at bank and in hand54/58€172k€199k▲
Deferred charges and accrued income490/1€21k€16k▼
Equity and liabilities
Total equity and liabilities10/49€446k€472k▲
Equity10/15€349k€426k▲
Contributions10/11€19k€19k=
Reserves13€330k€407k▲
Distributable reserves133€330k€407k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€97k€46k▼
Amounts payable within one year42/48€93k€46k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€15k€3k▼
Suppliers440/4€15k€3k▼
Taxes, remuneration and social security45€23k€37k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€20k€29k▲
Other amounts payable47/48€54k€3k▼
Accrued charges and deferred income492/3€4k€460▼
Income statement
Code20242025
Remuneration, social security and pensions62€145k€184k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€4k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€235k€294k▲
Operating profit (loss)9901€67k€103k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€1k€603▼
Recurring financial charges65€1k€603▼
Profit (loss) for the period before taxes9903€71k€107k▲
Income taxes67/77€20k€30k▲
Profit (loss) for the period9904€51k€77k▲
Profit (loss) for the period to be appropriated9905€51k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€77k▲
Transfer from equity791/2€55k€0▼
Transfer to equity691/2€51k€77k▲
To other reserves6921€51k€77k▲
Profit to be distributed694/7€55k€0▼
Return on contributions (dividend)694€55k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €77k ▲51.1%
Operating result €103k, net result €77k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 9.95
Current ratio from 4.65 to 9.95; short-term debt falls from €93k to €46k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.22
Current ratio from 3.55 to 8.22; short-term debt falls from €105k to €46k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €8k ▼70.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.50
Current ratio from 2.22 to 4.50; short-term debt falls from €156k to €60k.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lummen · 1 establishment unit since 2008
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.
Geeneindestraat 163560 LummenGround area
767 m²
Building footprint
149 m²
Volume, LiDAR
1,038 m³
Parcel 71038B0632/00N000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Peter Smets
since 20082.174.703.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71038B0632/00N000 | Flanders | 767 m² | 1 · 149 m² | 9.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 525 EUR awarded · 525 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 474 EUR | 474 EUR |
| 2023 | 1 | 51 EUR | 51 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
Algemene dakwerken VCS-De Gieter
BE 0535.882.933
Enghien · Eq €426k
SOLLIE-STEYAERT
BE 0437.265.706
Londerzeel · Eq €425k
PROCLAR
BE 0768.353.727
Berlare · Eq €427k
Algemene Dakwerken Leirs Bram
BE 0507.799.651
Nijlen · Eq €427k
DEJONCKHEERE DAKWERKEN
BE 0848.749.901
Pittem · Eq €425k
Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2008
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.