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SMA BENELUX

Active
Private limited companyfounded 2009active for 17 yearsGeneraal De Wittelaan 19 C, 2800 Mechelen, BelgiumKBO/BCE: BE 0810.560.110
Summary

SMA BENELUX has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €170,585. Equity is growing by about 8.4% per year across the filed financial years. Its solvency ranks better than 70% of 521 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220Manufacture of electrical equipment NACE 27110
7th fastest staff growth in Mechelen, Construction sector1 site
Size
€2.3mtotal assets 2025
Staff
27.1 FTE
Equity
€1.3m
Profit
€170,585
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
SMA Solar Technology AG · 99.9%
Holdings
1
Auditor: BDO Bedrijfsrevisoren2025 accounts 38 days early3 of 14 deeds summarised
Why 95lowers riskLiquidity: current ratio 1.94, cash €1.2mFounded in 2009Equity €1.3m (56.4% of total assets)Profit of €170,585 (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 42, small)
Financial strength · tick = 2024
Strong
Solvency 81-13
equity 56.4% of total assets
Liquidity 80-7
short-term debt 42.8% · cash 53.7%
Profitability 78+1
return on assets 7.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (301 companies, NACE 42, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.94, compared with 2.73 in 2024, above the usual 1.5; short-term debt: 42.8% and cash: 53.7% of total assets), and 43.6% 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 42, small): better than 76% on solvency, 92% on liquidity, 61% on profitability and 10% on growth.

The bankruptcy probability was computed on 26-10-2026 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.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.94, cash €1.2m
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €1.3m (56.4% of total assets)
NBB · annual accounts
lowers risk · Profit of €170,585 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
77 days early
2023
37 days early
2022
54 days early
2021
47 days early
2020
15 days early
2019
80 days early
← 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 50 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: Manuel Soria Machado
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 7th fastest staff growth in Mechelen, Construction sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €170,585 8 years View
  • Controlled by SMA Solar Technology AGknown shareholders 100% 99.9% View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Profit
€170,585
Solvency
56.4%
Turnover▲ 20.0%
Net result
20182019
Go to Financials

Board & ownership

Board
1 member
Parent
SMA Solar Technology AG · 99.9%
Known shareholders
100%
Auditor
BDO Bedrijfsrevisoren
  • Marko WernerDirector
Go to Board & ownership

Timeline

Events
26
Since
2010
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 24-06-2024Annual accounts filed
  3. 17-01-2024Resignation: Boris Wolff (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
20-03-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SMA BENELUX

What is the company number of SMA BENELUX?
0810.560.110. In Belgium the VAT number is the company number with BE in front: BE 0810.560.110.
Where is SMA BENELUX based?
The registered office is at Generaal De Wittelaan 19 C, 2800 Mechelen.Company details
What does SMA BENELUX do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of SMA BENELUX?
Private limited company (BV).
When was SMA BENELUX founded?
On 20-03-2009.
Is SMA BENELUX still active?
Yes, SMA BENELUX is an active enterprise in the KBO register.
How many employees does SMA BENELUX have?
On average 27.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SMA BENELUX?
€3.7m in financial year 2019, according to the filed annual accounts.
Is SMA BENELUX profitable?
In financial year 2025, SMA BENELUX made a profit of €170,585.
Where can I find the annual accounts of SMA BENELUX?
SMA BENELUX filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SMA BENELUX due?
By 31-07-2027, for financial year 2026.Timeline

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