Financials
- Fiscal year
- 2024
- Total assets
- €9,668
- Loss
- -€9,104
- Solvency
- 12.5%
Turnover▼ 9.9%
Net result
20222023
SMADERCO
ActiveSummary
The annual accounts of SMADERCO for fiscal year 2024 show a net loss of 94% of total assets and of 88% of the equity at the start of that year. The 2024 annual accounts show equity of €1,206 and a net result of -€9,104. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 15861 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Overview
What they do
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
NACE 46160
1 site
How big
€9,668total assets 2024
- Equity
- €1,206
- Loss
- -€9,104
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 29- Annual accounts: weaker financial profile- Higher-failure-rate sector- Higher-failure-rate region- Persistent lossesFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency37▼-63
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.14 against 5.45 in 2023; short-term debt: 87.5% and cash: 6.4% of total assets), and 87.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.5%
Return on assets
-94.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
1921222324
2019 to 2024 · latest year -€9,104
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
26 d late
2022
45 d late
2021
33 d late
2019
131 d late
2018
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€9,104
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 10
- Since
- 2018
- 29-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 26-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Agents in the wholesale of textiles, clothing, fur…NACE 46160
- Founded
- 19-12-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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