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S&M

Active
Private limited companyfounded 20188 yrs activeOudstrijderslaan 34, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0689.987.823
Summary

S&M has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €72,923 and a net result of €3,697. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
Manufacture of other builders' carpentry and joinery
NACE 16230Bricklaying and masonry work NACE 43910
1 site
How big
€510,937turnover 2024
Equity
€72,923
Profit
€3,697
Financially healthy?
59 Fair Checked score 2024
Bankruptcy chance 12 m
0.7%
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 59- Higher-failure-rate sector- Annual accounts: weaker financial profile- Limited track record- Filed more than 90 days lateShow the evidence

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-16
Solvency85▼-2
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.3 against 2.29 in 2023; short-term debt: 40.5% and cash: 21.1% of total assets), and 40.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
59.5%
Return on assets
3%
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
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 08-01-2026, 161 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
161 d late
2023
70 d early
2022
184 d late
2021
64 d late
2020
23 d early
2019
173 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 82 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
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 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 6 profitable years in a rowprofit 2024: €3,697 6 years View
  • Turnover 20244 fiscal years filed €510,937 View

By topic

Financials

Fiscal year
2024
Turnover
€510,937
Profit
€3,697
Solvency
59.5%
Turnover▲ 70.6%
Net result
20182024
Go to Financials

Timeline

Events
9
Since
2019
  1. 08-01-2026Annual accounts filed
  2. 22-05-2024Annual accounts filed
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of other builders' carpentry and joineryNACE 16230
Founded
10-02-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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