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Complete company report
Generated 23-07-2026
Active BE 0797.515.588Private limited companyOpen bankruptcy

SMASH

Leopoldstraat 5 ·2300 Turnhout, Belgium· 3 yrs active
Sector: Food & beverage service (56111)
Conclusion Checked

A bankruptcy procedure is open for SMASH according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €16k and a net result of €-4k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €16k
Net result €-4k
Better than sector 68%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency65Growth32Stability0
19 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 65
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10k€20kOperating result 2023: €23k€23kNet result 2023: €19k€19kOperating result 2024: €-3k€-3kNet result 2024: €-4k€-4k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 37.7% 19.3%
better than 68% of 5589 sector peers
Net result €-4k €4k
better than 29% of 5579 sector peers
Equity €16k €14k
better than 52% of 5600 sector peers
Gross operating margin €6k €52k
better than 19% of 5565 sector peers
Staff costs €180 €49k
higher than 5% of 4050 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€3k
-87.6% -94% vs sector
Net profit
€-4k
- far below sector median
Cash flow
€3k
-87.3% -96% vs sector
Total assets
€42k
-9.9% -89% vs sector
Equity
€16k
-19.9% -94% vs sector
Working capital
€5k
- -97% vs sector
Staff costs
€180
- -99% vs sector
Income taxes
€7k
- -43% vs sector
Debt
€26k
-2.6% -67% vs sector
Debt ≤ 1y
€17k
-35.2% -61% vs sector
Current ratio
1.32
+53.5% -78% vs sector
Quick ratio
0.96
+61.7% -84% vs sector
Solvency
37.7%
-11.1% -51% vs sector
Debt / equity
1.65
+21.6% far above sector median
ROE
-24.8%
- far below sector median
ROA
-9.4%
- far below sector median
Interest coverage
2.69
-79.9% -87% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€3k
Net profit€-4k
Cash flow€3k
Staff costs€180
Income taxes-
Dividends-
Total assets€42k
Equity€16k
Debt€26k
of which ≤ 1y€17k
of which > 1y-
Working capital€5k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.32
Quick ratio0.96
Working capital ratio13.0%
Solvency37.7%
Debt / equity1.65
Long-term debt ratio-
Interest coverage2.69
Gross margin-
Net margin-
ROA-9.4%
ROE-24.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€42k
Fixed assets 21/28€19k
Tangible fixed assets 22/27€10k
Financial fixed assets 28€9k
Current assets 29/58€23k
Stocks & contracts in progress 3€6k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€42k
Equity 10/15€16k
Contributions / capital 10/11€1k
Reserves 13€19k
Accumulated profits (losses) 14€-4k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€6k
Operating result 9901€-3k
Financial income 75€767
Financial charges 65€1k
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator RONNY CEUSTERS
GEMEENTESTRAAT 4 BUS 6, 2300 TURNHOUT
 28-04-2026 → present Belgian State Gazette
Legal Structure
NACE primary Food & beverage service(56111)
Legal form Private limited company(610)
Incorporation23-01-2023
StatusActive
Postal code2300
First BS signal 11-05-2026
Latest BS signal 11-05-2026
Company structure, linked entities1 linked entities
SMASHBE 0797.515.588RONNY CEUSTERSReceiver
Mandates
Establishment units 1 location
SMASH
Leopoldstraat 5, 2300 TurnhoutCafé-restaurants (tavernen)
since 20232.340.872.591
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13454Q0441/00N003
ProtectedMonumentArchitectenwoning H. VandenplasSource ↗
 Flanders 144 m² 1 · 89 m² 12.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
11-05-2026
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SMASH BV LEOPOLD- STRAAT 5, 2300 TURNHOUT · event 28-04-2026
2025
01-10-2025
State Gazette act Director changes
18-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
27-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Lifecycle & Insolvency Signals 1 events
11-05-2026
Bankruptcy Opening
Date: 28-04-2026 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SMASH BV LEOPOLD- STRAAT 5, 2300 TURNHOUT · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-05-11 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 9 months ago
2025
01-10-2025 2 directors appointed, 2 resigning Director changes
  • Gurung Santosh, Bestuurder
  • Gurung Kaushila, Bestuurder
  • Hellqvist Per, Bestuurder
  • Mutsaers Danique, Bestuurder
Technical details 
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      "evidence_quote": "",
      "decharge_status": "granted",
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    },
    {
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    },
    {
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Turnhout",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-10-01",
    "filing_date": "2025-09-23",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2025-09-15",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0797.515.588",
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    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": "LAMBREGTS \u0026 ROBBEN BV",
    "person_name": null,
    "org_rep_person_name": "Willemse Kelly",
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Verslag BAV dd. 15/09/2025"
  ],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Catering56210Catering van evenementen56210
Primary activity highlighted.
Names & trade names
Legal nameNL SMASH
Registered office
Leopoldstraat 5
2300 Turnhout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative