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Small & Medium Enterprises Partners

Active
Public limited companyfounded 1978active for 48 yearsLanceloot Blondeellaan 11, 8380 Brugge, Belgium13 active companies are registered at this addressKBO/BCE: BE 0418.444.637
Summary

Small & Medium Enterprises Partners is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Small & Medium Enterprises Partners, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €11.6m and a net result of €176,999. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 58% of 6,076 sector peers (NACE 64, financial year 2024). The company has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals.

Small & Medium Enterprises PartnersActive

Overview

Activity
Activities of holding companies
NACE 64210
4th oldest company in Bruges, Finance and insurance sector1 site
Size
€19.1mtotal assets 2024
Equity
€11.6m
Profit
€176,999
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Largest shareholder
ADEQUATE ADVICE · 20%
Holdings
14
Accounts 77 days overdue1 of 9 deeds read
Signalsraises riskAnnual accounts not filedFiled more than 90 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Two signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
84 days late
2022
142 days late
2021
151 days late
2020
121 days late
2019
91 days 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 118 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Jan Coene, Johan De Coster…Permanent representative: Rudy Van Hauwenhuyse
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Result fell in 2024from €1.2m to €176,999 ▼ 84.8% View
  • Positive: Among the best 7% on equitysector median €675,669 · 6,077 companies €11.6m View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Heads a groupcompanies controlled 14 View
  • Positive: 7 profitable years in a rowprofit 2024: €176,999 7 years View
  • Active since 1978founded 06-07-1978 48 years View

By topic

Financials

Financial year
2024
Total assets
€19.1m
Profit
€176,999
Solvency
60.6%
Total assets▲ 3.1%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
ADEQUATE ADVICE · 20%
  • COENE JanDirector
  • Corporate Advice NVDirector
  • Johan De CosterDirector
Go to Board & ownership

Timeline

Events
51
Since
1979
  1. 20-12-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 31-12-2022Equity above €10m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
06-07-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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