SMD FEXHE
The computed 12-month bankruptcy probability of SMD FEXHE is 1.0% (low). The 2024 annual accounts show equity of €126k and a net result of €-48k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 778 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €126k |
| Net result | €-48k |
| Better than sector | 45% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.9% | 16.5% | |
| Net result | €-48k | €-2k | |
| Equity | €126k | €136k | |
| Gross operating margin | €23k | €46k | |
| Staff costs | €13k | €81k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €10k |
| Net profit | €-48k |
| Cash flow | €-23k |
| Staff costs | €13k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.06M |
| Equity | €126k |
| Debt | €936k |
| of which ≤ 1y | €45k |
| of which > 1y | €891k |
| Working capital | €71k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.57 |
| Quick ratio | 2.57 |
| Working capital ratio | 6.7% |
| Solvency | 11.9% |
| Debt / equity | 7.43 |
| Long-term debt ratio | 7.07 |
| Interest coverage | 0.31 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.5% |
| ROE | -38.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.06M |
| Fixed assets | 21/28 | €947k |
| Formation expenses | 20 | €178 |
| Tangible fixed assets | 22/27 | €947k |
| Current assets | 29/58 | €116k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €86k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.06M |
| Equity | 10/15 | €126k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-74k |
| Amounts payable | 17/49 | €936k |
| Amounts payable after one year | 17 | €891k |
| Amounts payable within one year | 42/48 | €45k |
| Income statement | ||
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €-14k |
| Financial charges | 65 | €34k |
| Result before taxes | 9903 | €-48k |
| Net result for the period | 9904 | €-48k |
| Result to be appropriated | 9905 | €-48k |
| NACE primary | Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 04-09-2020 |
| Status | Active |
| Postal code | 4347 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64423B0243/00C000indicative | Wallonia | 1.4 ha | - | - |
| 64423B0044/00E002 | Wallonia | 1,695 m² | 1 · 71 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-11-2024 Registered office moved from Fexhe-le-Haut-Clocher to Voroux Goreux
- Rue de Liège, 86 à 4347 Fexhe-le-Haut-Clocher → 4347 Voroux Goreux, Grand Route, 137
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "4347 Voroux Goreux, Grand Route, 137",
"city": "Voroux Goreux",
"region": null,
"street": "Grand Route",
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": "137",
"locality_suffix": null
},
"old_address": {
"raw": "Rue de Li\u00E8ge, 86 \u00E0 4347 Fexhe-le-Haut-Clocher",
"city": "Fexhe-le-Haut-Clocher",
"region": "waals_gewest",
"street": "Rue de Li\u00E8ge",
"country": "BE",
"postcode": "4347",
"box_number": null,
"street_number": "86",
"locality_suffix": null
},
"effective_date": "2024-10-07",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-11-12",
"filing_date": "2024-10-07",
"act_kind_objet": "TRANSFERT DU SIEGE"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-10-07",
"unanimous": true
},
"subject_company": {
"kbo": "0753.716.328",
"name_full": "SDM FE\u0425\u041D\u0415",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Aurecto",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"PV de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 7 octobre 2024"
]
}| Legal nameFR | SMD FEXHE |