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S.M.E.C.

Active Private limited companyfounded 1991active for 34 yearsHallaarstraat 35, 2222 Heist-op-den-BergKBO/BCE: BE 0446.064.002 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €708,155 (2006)
€243,127▼ 32.4%
lowest -€17,085 (2008)
€5,466▼ 96.8%
peak €746,783 (2024)
€102,249▼ 86.3%
€509,677▲ 183%
peak 13.4 FTE (2006)
-not published
Board2 names since 2025
1 director
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Gross margin from €359,412 to €243,127Result from €168,969 to €5,466Registered office moved within Heist-op-den-Berg 16-06Dividend €650,000Equity from €746,783 to €102,249Debts from €180,191 to €509,677

Key points

from the 2025 annual accounts

Equity

€102,249 from €746,783 in 2024

Equity fell by 86% in 1 year.

Result

€5,466 ▼ 96.8%
€169,0002024€5,4702025

The result fell in 2025 from €168,969 to €5,466.

Debts

€509,677 ▲ 183%
Suppliers
+196,470
Taxes and wages
+35,762
The rest
+97,254

Debts rose by €329,486 in 2025.

Securities

€88,000

Pledge on the business, new in 2025. 86.1% of equity · not in the 2024 accounts.

Investments

€83,780 3.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 577.1% higher than in 2024.

Staff

5.4 FTE from 13.4 in 2006

Between 2006 and 2025, 60% of the full-time equivalents disappeared.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as S.M.E.C. has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,986 companies, not a prediction for S.M.E.C.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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Signals

Board and ownership

Director, , since 06-06-2025
  • 100%score equity €134,843 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0446064002
Registered office moved within Heist-op-den-Berg New registered office: Hallaarstraat 35, 2222 Heist-op-den-Berg (Itegem) · Previous registered office: Nieuwendijk 24, 2222 Heist-op-den-Berg (Itegem) · Resignation: (statutory manager) · General meeting of 06-06-2025 · Gazette deed
First establishment SMEC, Hallaarstraat 35, Heist-op-den-Berg
Incorporation published on 15-01-1992 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
S.M.E.C. Heist-op-den-Berg €611,926 €243,127 16.7% -
RASTER - AFSLUITINGEN Kapellen €611,890 €245,654 24.2% 4.2
TAYFUN ELEKTRIK Antwerp €529,074 €265,146 62.9% -
Verschaeren-Baumans Berlaar €589,363 €246,504 73.2% 2.5
TST Scherpenheuvel-Zichem €596,159 €226,452 59.0% -
CAPUZZIMATI Sambreville €587,546 €218,127 74.8% 10.5
LA CENSE AUX HIRONDELLES Vielsalm €581,567 €264,398 42.3% 1.9

These companies have the same main activity as S.M.E.C.: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €529,000 and €612,000, founded between 1986 and 1994.

Official details

Source: KBO
Status
Active since 20-12-1991Normal situation
Activity
Other specialised construction activitiesNACE 43990
Joint committee
149.04Metal trade · annual accounts 2025
Establishment unit
2.055.667.4512222 Heist-op-den-Berg, since 08-01-1992
Financial year end
31 December
Peppol
Reachable since 30-07-2025
Company details

Annual accounts 2025

≈ €1.1mestimated
€611,926▼ 34.0%
Employeeson 31-12-2025
7
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on S.M.E.C.

S.M.E.C. files the abbreviated format. That format states no turnover. The gross margin fell from €708,155 in 2006 to €243,127 in 2025.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about S.M.E.C.

What is the company number of S.M.E.C.?
The company number of S.M.E.C. is 0446.064.002. The VAT number is the same number with BE in front: BE 0446.064.002.
Where is S.M.E.C. based?
The registered office is at Hallaarstraat 35, 2222 Heist-op-den-Berg.Company details
What does S.M.E.C. do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of S.M.E.C.?
S.M.E.C. is a private limited company (BV).
When was S.M.E.C. founded?
S.M.E.C. was founded on 20-12-1991.
Is S.M.E.C. still active?
Yes, S.M.E.C. is an active enterprise in the KBO register.
How many employees does S.M.E.C. have?
S.M.E.C. had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does S.M.E.C. fall under?
In its 2025 annual accounts, S.M.E.C. states joint committee 149.04 (Metal trade).
What is the turnover of S.M.E.C.?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €243,127 and 69 comparable companies (NACE 43990). It probably lies between €700,000 and €1.8m.
Is S.M.E.C. profitable?
In financial year 2025, S.M.E.C. made a profit of €5,466.
Where can I find the annual accounts of S.M.E.C.?
S.M.E.C. filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of S.M.E.C. due?
S.M.E.C. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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