SMD Schepens
ActiveSMD Schepens has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €387k and a net result of €-29k. Equity is shrinking by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
60
/ 100
Healthy▼ -38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency84▼-16
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 4.22 in 2024), and 47.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
28 d late
2023
5 d early
2022
5 d early
2021
30 d late
2020
4 d early
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€387k▼ 32.8%
2024 · €575k
2018: €483k
2019: €940k
2020: €892k
2021: €860k
2022: €699k
2023: €590k
2024: €575k
2018 → 2025
Total assets
€732k▼ 1.1%
2024 · €740k
2018: €1.82M
2019: €1.94M
2020: €1.75M
2021: €1.55M
2022: €1.25M
2023: €985k
2024: €740k
2018 → 2025
Net result
€-29k
2024 · €149k
2018: €164k
2019: €457k
2020: €-48k
2021: €-8k
2022: €9k
2023: €-4k
2024: €149k
2018 → 2025
Working capital
€55k▼ 80.2%
2024 · €277k
2018: €231k
2019: €1.00M
2020: €845k
2021: €716k
2022: €434k
2023: €293k
2024: €277k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€860k-€699k▼ 18.7%€590k▼ 15.6%€575k▼ 2.5%€387k▼ 32.8%
Operating result€-9k-€5k€-5k€198k€-33k
Net result€-8k-€9k€-4k€149k€-29k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €33k after €198k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €732k
Fixed assets
€553k▲ 46.8%
Current assets
€179k▼ 50.8%
Equity and liabilities €732k
Equity
€387k▼ 32.8%
Debt
€345k▲ 109%
The debt ratio rises from 22.3% to 47.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€12k▼
2024 · €234k
Cash flow
€16k▼
2024 · €185k
Solvency
52.8%▼
2024 · 77.7%
Current ratio
1.44▼
2024 · 4.22
Quick ratio
1.44▼
2024 · 4.22
Debt / equity
0.89▲
2024 · 0.29
ROE
-7.5%▼
2024 · 25.9%
ROA
-4.0%▼
2024 · 20.1%
Interest coverage
2.27▼
2024 · 18.90
Debt
€345k▲
2024 · €165k
Debt ≤ 1 year
€124k▲
2024 · €86k
Debt > 1 year
€201k▲
2024 · €77k
Income taxes
€1▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€740k€732k▼
Fixed assets21/28€377k€553k▲
Tangible fixed assets22/27€366k€543k▲
Land and buildings22€196k€348k▲
Plant, machinery and equipment23€155k€183k▲
Furniture and vehicles24€15k€12k▼
Financial fixed assets28€11k€11k=
Current assets29/58€364k€179k▼
Amounts receivable after more than one year29€150k€0▼
Other amounts receivable291€150k€0▼
Amounts receivable within one year40/41€184k€126k▼
Trade receivables40€31k€63k▲
Other amounts receivable41€153k€63k▼
Cash at bank and in hand54/58€20k€45k▲
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€740k€732k▼
Equity10/15€575k€387k▼
Contributions10/11€20k€20k=
Reserves13€555k€396k▼
Distributable reserves133€555k€396k▼
Profit (loss) carried forward14€0€-29k▼
Amounts payable17/49€165k€345k▲
Amounts payable after more than one year17€77k€201k▲
Financial debts170/4€77k€201k▲
Amounts payable within one year42/48€86k€124k▲
Current portion of amounts payable after more than one year42€31k€52k▲
Trade debts44€6k€69k▲
Suppliers440/4€6k€69k▲
Taxes, remuneration and social security45€49k€3k▼
Taxes450/3€49k€3k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€45k▲
Other operating charges640/8€7k€21k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€241k€39k▼
Operating profit (loss)9901€198k€-33k▼
Financial income75/76B€8k€9k▲
Recurring financial income75€8k€9k▲
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€194k€-29k▼
Income taxes67/77€45k€1▼
Profit (loss) for the period9904€149k€-29k▼
Profit (loss) for the period to be appropriated9905€149k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€-29k▼
Profit (loss) brought forward from the previous period14P€-51k€0▲
Transfer from equity791/2€164k€160k▼
Transfer to equity691/2€98k€0▼
To the legal reserve6920€98k€0▼
Profit to be distributed694/7€164k€160k▼
Return on contributions (dividend)694€164k€160k▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
Financial
Back to profitnet €149k
Net result €149k after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-48k ▼111%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
30-09
Financial
Highest result since 2018net €457k ▲180%
Operating result €734k, net result €457k, both a record.
30-09
Financial
Liquidity times 5current ratio 6.41
Current ratio from 1.32 to 6.41; short-term debt falls from €719k to €186k.
30-09
Financial
Equity above €500kEq €940k ▲94.6%
2 profitable years in a row build equity to €940k.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Abeelstraat 69620 ZottegemGround area
542 m²
Building footprint
165 m²
Parcel 41023A0004/00W002, Flanders. Linked by address, not a title deed.
1 establishment unit
Abeelstraat 6, 9620 Zottegem
since 19992.092.548.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41023A0004/00W002 | Flanders | 542 m² | 1 · 165 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DRANKENHANDEL SWINNENS
BE 0462.346.045
Haacht · Eq €385k
D & P Brands
BE 0431.251.805
Diepenbeek · Eq €382k
VINESSE
BE 0457.458.037
Sint-Niklaas · Eq €393k
DRANKENHANDEL S'JEGERS
BE 0473.492.335
Geel · Eq €380k
COLIN & FILS
BE 0431.295.454
Stavelot · Eq €379k
Of 1,570 companies in sector 46349 we hold annual accounts for 980. 690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-1999
Fiscal year end30-09
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.