S-MI
Dissolution or liquidationSummary
The KBO register records for S-MI the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (-€201,556) and a net result of -€261,713.
Signals
Three 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 31-12-2021 was due by 31-07-2022 and was filed on 18-07-2022, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
13 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€261,713▼ 36.5%
2020 · -€191,667
Working capital
-€354,964▼ 772%
2020 · -€40,713
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€180,863--€72,009▲ 60.2%-€168,660▼ 134%-€204,285▼ 21.1%
Net result-€192,860--€128,726▲ 33.3%-€191,667▼ 48.9%-€261,713▼ 36.5%
Equity-€119,450-€1,825€60,158▲ 3,197%-€201,556
Total assets€2.2m-€1.8m▼ 16.7%€1.6m▼ 9.9%€1.8m▲ 9.8%
Debt€2.3m-€1.8m▼ 21.1%€1.6m▼ 13.2%€2.0m▲ 26.9%
Working capital€61,321--€97,285-€40,713▲ 58.2%-€354,964▼ 772%
Staff (FTE)20.7-17.5▼ 15.5%18.2▲ 4.0%18.7▲ 2.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €204,285 in 2021 against €168,660 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.8m
Fixed assets
€169,172 ▲ 12.0%
Current assets
€1.6m ▲ 9.6%
Key figures and ratios
EBITDA
-€138,907▼
2020 · -€103,989
Cash flow
-€196,335▼
2020 · -€126,996
Solvency
-11.3%▼
2020 · 3.7%
Current ratio
0.82▼
2020 · 0.97
Quick ratio
0.31▼
2020 · 0.36
Debt to equity
-9.83▼
2020 · 0.34
ROA
-14.7%▼
2020 · -11.8%
Interest coverage
-2.18
Debt ≤ 1 year
€2.0m▲
2020 · €1.5m
Debt > 1 year
€9,623▼
2020 · €20,744
Income taxes
€1,000▲
2020 · €55
Staff costs
€983,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €983,157 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,463 | €45,743 | €64,671 | €65,378 | ▲ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €714 | - |
| Other operating charges640/8 | - | - | - | €13,217 | - |
| Non-recurring operating charges66A | - | - | - | €2,523 | - |
| Gross operating margin9900 | €1.1m | €1.0m | €759,531 | €860,704 | ▲ 13.3% |
| Operating profit (loss)9901 | -€180,863 | -€72,009 | -€168,660 | -€204,285 | ▼ 21.1% |
| Financial income75/76B | - | - | - | €9,179 | - |
| Recurring financial income75 | €24,929 | €1,805 | €8,481 | €9,179 | ▲ 8.2% |
| Financial charges65/66B | - | - | - | €65,607 | - |
| Recurring financial charges65 | €35,823 | €57,515 | €31,433 | €63,701 | ▲ 103% |
| Non-recurring financial charges66B | - | - | - | €1,906 | - |
| Profit (loss) for the period before taxes9903 | -€191,757 | -€127,719 | -€191,612 | -€260,713 | ▼ 36.1% |
| Income taxes67/77 | €1,103 | €1,007 | €55 | €1,000 | ▲ 1,712% |
| Profit (loss) for the period9904 | -€192,860 | -€128,726 | -€191,667 | -€261,713 | ▼ 36.5% |
| Profit (loss) for the period to be appropriated9905 | -€192,860 | -€128,726 | -€191,667 | -€261,713 | ▼ 36.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.2m | €1.8m | €1.6m | €1.8m | ▲ 9.8% |
| Fixed assets21/28 | €132,727 | €126,095 | €151,088 | €169,172 | ▲ 12.0% |
| Intangible fixed assets21 | - | €12,224 | €11,545 | €5,258 | ▼ 54.5% |
| Tangible fixed assets22/27 | €130,387 | €111,530 | €104,802 | €129,172 | ▲ 23.3% |
| Plant, machinery and equipment23 | - | - | - | €76,683 | - |
| Furniture and vehicles24 | - | - | - | €28,819 | - |
| Leasing and similar rights25 | - | - | - | €23,671 | - |
| Financial fixed assets28 | €2,341 | €2,341 | €34,741 | €34,741 | = |
| Current assets29/58 | €2.0m | €1.7m | €1.5m | €1.6m | ▲ 9.6% |
| Stocks and contracts in progress3 | €1.0m | €942,569 | €928,072 | €1.0m | ▲ 7.8% |
| Stocks30/36 | - | - | - | €1.0m | - |
| Amounts receivable within one year40/41 | €930,738 | €680,941 | €527,266 | €598,917 | ▲ 13.6% |
| Trade receivables40 | - | - | - | €598,917 | - |
| Cash at bank and in hand54/58 | €10,032 | €43,306 | €8,151 | €5,208 | ▼ 36.1% |
| Deferred charges and accrued income490/1 | - | - | - | €5,357 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.2m | €1.8m | €1.6m | €1.8m | ▲ 9.8% |
| Equity10/15 | -€119,450 | €1,825 | €60,158 | -€201,556 | ▼ 435% |
| Contributions10/11 | €100,000 | €350,000 | €188,093 | €199,575 | ▲ 6.1% |
| Capital10 | - | - | - | €188,093 | - |
| Issued capital100 | - | - | - | €188,093 | - |
| Outside capital11 | - | - | - | €11,483 | - |
| Share premium1100/10 | - | - | - | €11,483 | - |
| Reserves13 | €52,249 | €52,249 | €52,249 | €52,249 | = |
| Non-distributable reserves130/1 | - | - | - | €46,300 | - |
| Legal reserve130 | - | - | - | €46,300 | - |
| Tax-exempt reserves132 | - | - | - | €5,949 | - |
| Profit (loss) carried forward14 | -€283,182 | -€411,907 | -€191,667 | -€453,380 | ▼ 137% |
| Amounts payable17/49 | €2.3m | €1.8m | €1.6m | €2.0m | ▲ 26.9% |
| Amounts payable after more than one year17 | €311,281 | €19,675 | €20,744 | €9,623 | ▼ 53.6% |
| Financial debts170/4 | - | - | - | €9,623 | - |
| Amounts payable within one year42/48 | €2.0m | €1.8m | €1.5m | €2.0m | ▲ 30.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,121 | - |
| Financial debts43 | - | - | - | €388,183 | - |
| Credit institutions430/8 | - | - | - | €388,183 | - |
| Trade debts44 | €632,690 | €482,914 | €310,604 | €567,141 | ▲ 82.6% |
| Suppliers440/4 | - | - | - | €567,141 | - |
| Taxes, remuneration and social security45 | - | - | - | €606,684 | - |
| Taxes450/3 | - | - | - | €103,784 | - |
| Remuneration and social security454/9 | - | - | - | €502,900 | - |
| Other amounts payable47/48 | - | - | - | €388,233 | - |
| Accrued charges and deferred income492/3 | - | - | - | €6,140 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€192,860 | -€128,726 | -€191,667 | -€261,713 | ▼ 36.5% |
| + Depreciation and write-downs630 | €50,463 | €45,743 | €64,671 | €65,378 | ▲ 1.1% |
| Operating cash flow (approximation) | -€142,397 | -€82,983 | -€126,996 | -€196,335 | ▼ 54.6% |
| Investment in fixed assets (approximation) | - | -€39,111 | -€89,664 | -€83,461 | ▲ 6.9% |
| Change in cash | - | €33,274 | -€35,155 | -€2,943 | ▲ 91.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€261,713
Net result drops to -€261,713, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Charleroi · 1 establishment unit since 1991
Ground area
112 m²
Building footprint
61 m²
Volume, LiDAR
504 m³
Parcel 52034B0109/00C000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
S-MI
since 19912.052.488.029
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52034B0109/00C000 | Wallonia | 112 m² | 1 · 61 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: BDX PERFORMANCE. The sources do not say who stands above it.
Owners 1
- 100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded29-03-1991
Fiscal year end31-12
Abbreviation FR
S.M.I.
Contact
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.