S.M.C.
Open bankruptcyA bankruptcy procedure is open for S.M.C. according to publications in the Belgian State Gazette; curator: EMILIE MICHEL. The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (€-64k) and a net result of €2k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-06-2024, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d early
2022
3 d early
2021
58 d late
2020
31 d late
2019
119 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Financials · fiscal year 2022, micro schema
Turnover
€126k▲ 7.8%
2021 · €117k
2021: €117k
2021 → 2022
EBIT margin
1.3%▲ 0.7pp
2021 · 0.7%
2021: 0.7%
2021 → 2022
Net result
€2k▲ 177%
2021 · €546
2018: €-15k
2019: €176
2020: €-6k
2021: €546
2018 → 2022
Working capital
€-64k▲ 2.3%
2021 · €-65k
2018: €-65k
2019: €-62k
2020: €-66k
2021: €-65k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€117k€126k▲ 7.8%
Equity€-60k-€-59k▲ 0.3%€-66k▼ 10.9%€-65k▲ 0.8%€-64k▲ 2.3%
Operating result€-14k-€318€-6k€776€2k▲ 117%
Net result€-15k-€176€-6k€546€2k▲ 177%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 117% above 2021 and is the highest result in the available series.
Key figures and ratios
Solvency
-109.6%▲
2021 · -124.5%
Current ratio
0.48▲
2021 · 0.45
Quick ratio
0.48▲
2021 · 0.45
Debt / equity
-1.91▼
2021 · -1.80
ROA
2.6%▲
2021 · 1.0%
Debt
€122k▲
2021 · €118k
Debt ≤ 1 year
€122k▲
2021 · €118k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€53k€58k▲
Tangible fixed assets22/27€0-
Current assets29/58€53k€58k▲
Amounts receivable within one year40/41€32k€33k▲
Trade receivables40€32k€33k▲
Cash at bank and in hand54/58€20k€25k▲
Equity and liabilities
Total equity and liabilities10/49€53k€58k▲
Equity10/15€-65k€-64k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-130k€-129k▲
Amounts payable17/49€118k€122k▲
Amounts payable within one year42/48€118k€122k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€4k€721▼
Taxes450/3€4k€721▼
Other amounts payable47/48€106k€113k▲
Income statement
Code20212022
Turnover70€117k€126k▲
Goods, raw materials, services and sundry goods60/61€115k€124k▲
Other operating charges640/8€861€582▼
Gross operating margin9900€2k€2k▲
Operating profit (loss)9901€776€2k▲
Financial charges65/66B€230€171▼
Recurring financial charges65€230€171▼
Profit (loss) for the period before taxes9903€546€2k▲
Profit (loss) for the period9904€546€2k▲
Profit (loss) for the period to be appropriated9905€546€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-129k▲
Profit (loss) brought forward from the previous period14P€-131k€-130k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA S.M.C. AVENUE LOUISE 209A, 1050 IXELLES · event 16-07-2026
2025
29-08
KBO administration
Address struck
17-01
KBO administration
Address strikeout annulled
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €2k ▲177%
Operating result €2k, net result €2k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Back to profitnet €546
Net result €546 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 119 days late
2019
31-12
Financial
Back to profitnet €176
Net result €176 after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 96 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
1 establishment unit since 1988
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.
Ground area
2,332 m²
Building footprint
769 m²
Volume, LiDAR
12,216 m³
2 parcels, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
S.M.C.
since 19882.038.424.613
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0283/00G003 | Brussels | 1,853 m² | 1 · 352 m² | 13.9 m · 3 fl. |
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
16-07-2026 → present |
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-05-1988
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.