Financials
- Financial year
- 2025
- Total assets
- €42,210
- Profit
- €16,373
- Solvency
- 41.2%
SM MULTI SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of SM MULTI SERVICES is 4.0% (moderate). The 2025 annual accounts show equity of €17,373 and a net result of €16,373. Its solvency ranks better than 48% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€42,210total assets 2025
- Equity
- €17,373
- Profit
- €16,373
Turnover not published (micro format)
Structure
Accounts filed 14 days late
Why 49raises riskFounded in 2025Size: total assets €42,210Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.98, cash €1,664Show the evidence
Checked score
Score 2025
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency
66
equity 41.2% of total assets
Liquidity
24
short-term debt 58.8% · cash 3.9%
Profitability
100
return on assets 38.8%
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 3.6%lowest value
06-2026: 3.6%● unchanged vs 05-2026lowest value
07-2026: 3.8%▲ +0.2 percentage points vs 06-2026
08-2026: 4.1%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 3.8%▼ -0.3 percentage points vs 08-2026
10-2026: 4.0%▲ +0.2 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.98, below 1; short-term debt: 58.8% and cash: 3.9% of total assets), and 58.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 49% on solvency, 20% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
14 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: MICHELET Anthony (director) ·…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 22-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Annual meeting
- First Tuesday of June at 18:00
- Purpose
- “De algemene bouwonderneming en in het bijzonder de structurele…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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