ROBERT DE SMET
ActiveROBERT DE SMET has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €55k. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency10▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.81 in 2024), and 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← 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
5.1%
Return on assets
4.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 265 sector peers (2025).
NBB · sector comparisonPosition among 265 sector peers
Solvency
better than 10%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
22 d early
2023
23 d early
2022
33 d early
2021
20 d early
2020
33 d early
2019
14 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€68k▼ 18.0%
2024 · €83k
2018: €191k
2019: €192k
2020: €225k
2021: €225k
2022: €98k
2023: €87k
2024: €83k
2018 → 2025
Total assets
€1.33M▲ 0.3%
2024 · €1.33M
2018: €1.47M
2019: €1.50M
2020: €1.39M
2021: €1.58M
2022: €1.56M
2023: €1.58M
2024: €1.33M
2018 → 2025
Net result
€55k▲ 60.7%
2024 · €34k
2018: €66k
2019: €81k
2020: €33k
2021: €41k
2022: €60k
2023: €75k
2024: €34k
2018 → 2025
Working capital
€-190k▲ 0.2%
2024 · €-190k
2018: €-49k
2019: €-73k
2020: €-11k
2021: €85k
2022: €-110k
2023: €-149k
2024: €-190k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€98k▼ 56.7%€87k▼ 11.1%€83k▼ 4.6%€68k▼ 18.0%
Operating result€86k-€125k▲ 45.7%€164k▲ 30.9%€109k▼ 33.3%€132k▲ 21.0%
Net result€41k-€60k▲ 46.9%€75k▲ 25.9%€34k▼ 54.5%€55k▲ 60.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€495k▼ 8.5%
Current assets
€836k▲ 6.4%
Equity and liabilities €1.33M
Equity
€68k▼ 18.0%
Debt
€1.26M▲ 1.6%
The debt ratio rises from 93.8% to 94.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€240k▲
2024 · €214k
Cash flow
€162k▲
2024 · €139k
Solvency
5.1%▼
2024 · 6.2%
Current ratio
0.82▲
2024 · 0.81
Quick ratio
0.14▼
2024 · 0.20
Debt / equity
18.64▲
2024 · 15.04
ROE
80.9%▲
2024 · 41.3%
ROA
4.1%▲
2024 · 2.6%
Interest coverage
3.94▲
2024 · 3.25
Debt
€1.26M▲
2024 · €1.24M
Debt ≤ 1 year
€1.03M▲
2024 · €976k
Debt > 1 year
€238k▼
2024 · €258k
Income taxes
€17k▲
2024 · €9k
Staff costs
€297k▲
2024 · €282k
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€1.33M€1.33M▲
Fixed assets21/28€541k€495k▼
Tangible fixed assets22/27€541k€495k▼
Land and buildings22€338k€369k▲
Plant, machinery and equipment23€136k€79k▼
Furniture and vehicles24€38k€28k▼
Other tangible fixed assets26€28k€19k▼
Current assets29/58€786k€836k▲
Stocks and contracts in progress3€587k€695k▲
Stocks30/36€536k€657k▲
Contracts in progress37€51k€38k▼
Amounts receivable within one year40/41€186k€123k▼
Trade receivables40€143k€55k▼
Other amounts receivable41€42k€68k▲
Cash at bank and in hand54/58€5k€9k▲
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.33M▲
Equity10/15€83k€68k▼
Reserves13€83k€68k▼
Distributable reserves133€83k€68k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€1.24M€1.26M▲
Amounts payable after more than one year17€258k€238k▼
Financial debts170/4€258k€238k▼
Amounts payable within one year42/48€976k€1.03M▲
Current portion of amounts payable after more than one year42€140k€144k▲
Financial debts43€651k€641k▼
Credit institutions430/8€642k€641k▼
Other loans439€9k€0▼
Trade debts44€134k€156k▲
Suppliers440/4€134k€156k▲
Taxes, remuneration and social security45€12k€15k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€38k€70k▲
Accrued charges and deferred income492/3€10k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€282k€297k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€107k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€18k€9k▼
Other operating charges640/8€9k€9k▲
Gross operating margin9900€524k€555k▲
Operating profit (loss)9901€109k€132k▲
Financial income75/76B€40€84▲
Recurring financial income75€40€84▲
Financial charges65/66B€66k€61k▼
Recurring financial charges65€66k€61k▼
Profit (loss) for the period before taxes9903€43k€71k▲
Income taxes67/77€9k€17k▲
Profit (loss) for the period9904€34k€55k▲
Profit (loss) for the period to be appropriated9905€34k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€55k▲
Transfer from equity791/2€4k€33k▲
Transfer to equity691/2-€18k
To other reserves6921-€18k
Profit to be distributed694/7€38k€70k▲
Return on contributions (dividend)694€38k€70k▲
Social balance
Average headcount (FTE)90876.16.3▲
The notes to these accounts (13 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €33k ▼59.4%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €225k ▲17.1%
3 profitable years in a row build equity to €225k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €81k ▲22.6%
Net result €81k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (22387870). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
DE SMET Bart Willy Nicole
CurrentNon-statutory director · since 28-12-2022
DE SMET Björn René Godelieve
CurrentNon-statutory director · since 28-12-2022
DE SMET Robert Maria Willy
CurrentStatutair bestuurder · since 28-12-2022
28-12-2022
DE SMET Bart Willy Nicole: Appointed as Non-statutory director
28-12-2022
DE SMET Björn René Godelieve: Appointed as Non-statutory director
28-12-2022
DE SMET Robert Maria Willy: Appointed as Statutair bestuurder
Location & real-estate footprint
Registered office, Lokeren · 2 establishment units since 1997
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.
Spieveldstraat 139160 LokerenGround area
4,351 m²
Building footprint
1,204 m²
Volume, LiDAR
7,867 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AMARELLO
since 19972.050.854.766
Antwerpse Steenweg 45, 9080 Lochristi
since 20182.282.318.443
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1303/00A000 | Flanders | 4,026 m² | 1 · 1,120 m² | 7.3 m · 2 fl. |
| 44034C0966/00H006 | Flanders | 325 m² | 1 · 85 m² | 6.5 m · 2 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.
Similar companies · same sector, comparable size
PETERS en Co.
BE 0436.431.011
Maasmechelen · Eq €68k
RYSZARD
BE 0779.340.164
Kruisem · Eq €69k
LICX
BE 0677.627.152
Ciney · Eq €66k
Wouter Joos
BE 0420.527.464
Lede · Eq €66k
NATUURSTEEN SIMONS
BE 0506.768.976
Rijkevorsel · Eq €66k
Of 736 companies in sector 23700 we hold annual accounts for 489. 377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-1990
Fiscal year end31-12
Abbreviation NL
R.D.S.
Trade name NL
Amarello
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
41001General construction of residential buildings
45211
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.