Financials
- Fiscal year
- 2025
- Total assets
- €530,341
- Profit
- €40,764
- Solvency
- 40.8%
Total assets▼ 0.1%
Net result
20182025
SM BATIMENT
ActiveSummary
The computed 12-month bankruptcy probability of SM BATIMENT is 2.1% (moderate). The 2025 annual accounts show equity of €216,209 and a net result of €40,764. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 8593 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999
1 site
Size
€530,341total assets 2025
- Staff
- 7.1 FTE
- Equity
- €216,209
- Profit
- €40,764
Structure
Accounts filed 4 d late0 of 3 deeds read
Why 53- Latest accounts 4 days late; 1 of the last 3 late- Liquidity: current ratio 1.66- Sector Specialised construction activities (NACE 43)+ Founded in 2015Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
66-1
equity 40.8% of total assets
Liquidity
56+22
short-term debt 44.8%
Profitability
78+24
return on assets 7.7%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 0.6%lowest value
09-2025: 0.8%▲ +28.5% vs 08-2025
10-2025: 1.0%▲ +35.1% vs 09-2025
11-2025: 1.0%● 0.0% vs 10-2025
12-2025: 1.0%▲ +1.4% vs 11-2025
01-2026: 1.0%▼ -0.6% vs 12-2025
02-2026: 1.1%▲ +1.4% vs 01-2026
03-2026: 1.0%▼ -3.5% vs 02-2026
04-2026: 1.0%▲ +1.7% vs 03-2026
05-2026: 1.1%▲ +3.2% vs 04-2026
06-2026: 1.0%▼ -7.3% vs 05-2026
07-2026: 1.0%▲ +2.6% vs 06-2026
08-2026: 1.4%▲ +37.7% vs 07-2026
09-2026: 2.1%▲ +48.6% vs 08-2026highest value
10-2026: 2.1%● 0.0% vs 09-2026highest value
- Latest accounts 4 days late; 1 of the last 3 late raises the probability
- Liquidity: current ratio 1.66 raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
- Founded in 2015 lowers the probability for this profile
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.8 in 2024; short-term debt: 44.8% of total assets), but 59.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 43%, liquidity 53%, profitability 56%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
60 d late
2023
14 d late
2022
17 d late
2021
31 d late
2020
11 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 17 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €40,764
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 04-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 29-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 16-02-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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