SMD TRADING
ActiveSummary
The computed 12-month bankruptcy probability of SMD TRADING is 3.4% (moderate). The 2025 annual accounts show negative equity (€-37k) and a net result of €-4k. Equity is shrinking by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 11322 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-37k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
63 d late
2023
120 d late
2022
486 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-37k▼ 12.6%
2024 · €-33k
2022: €-10k
2023: €-17k
2024: €-33k
2022 → 2025
Total assets
€4k▲ 77.7%
2024 · €2k
2022: €11k
2023: €2k
2024: €2k
2022 → 2025
Net result
€-4k▲ 74.4%
2024 · €-16k
2022: €-13k
2023: €-7k
2024: €-16k
2022 → 2025
Working capital
€-37k▼ 12.6%
2024 · €-33k
2022: €-10k
2023: €-17k
2024: €-33k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-10k-€-17k▼ 68.9%€-33k▼ 97.0%€-37k▼ 12.6%
Operating result€-13k-€-7k▲ 44.6%€-4k▲ 45.6%€-4k▼ 6.1%
Net result€-13k-€-7k▲ 47.1%€-16k▼ 138%€-4k▲ 74.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss grows.
Key figures and ratios
Debt
€41k▲
2024 · €35k
Debt ≤ 1 year
€41k▲
2024 · €35k
Income taxes
€0▼
2024 · €12k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2k€4k▲
Current assets29/58€2k€4k▲
Amounts receivable within one year40/41€2k€4k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€5€2▼
Equity and liabilities
Total equity and liabilities10/49€2k€4k▲
Equity10/15€-33k€-37k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-36k€-40k▼
Amounts payable17/49€35k€41k▲
Amounts payable within one year42/48€35k€41k▲
Other amounts payable47/48€35k€41k▲
Income statement
Code20242025
Other operating charges640/8€592€2k▲
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-4k€-4k▼
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€70€59▼
Recurring financial charges65€70€59▼
Profit (loss) for the period before taxes9903€-4k€-4k▼
Income taxes67/77€12k€0▼
Profit (loss) for the period9904€-16k€-4k▲
Profit (loss) for the period to be appropriated9905€-16k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-40k▼
Profit (loss) brought forward from the previous period14P€-20k€-36k▼
The notes to these accounts (1 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 120 days late
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 486 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Turnhout · 1 establishment unit since 2021
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.
Tieblokkenlaan 82300 TurnhoutGround area
2.2 ha
Building footprint
1.1 ha
Volume, LiDAR
99,299 m³
Parcel 13453O0975/00D000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SMD TRADING
since 20212.317.125.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0975/00D000 | Flanders | 2.2 ha | 1 · 1.1 ha | 12.0 m · 3 fl. |
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 and region
GILTAM
BE 0461.110.185
Turnhout
Groene Jongens
BE 0787.473.021
Turnhout
INTERFACT
BE 0415.688.748
Turnhout
KETER BELGIUM
BE 0464.581.203
Turnhout
PF CONCEPT BELGIUM
BE 0476.302.563
Turnhout
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,170 companies in sector 46499 we hold annual accounts for 743. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
46389Wholesale of other food products
46392Non-specialised wholesale
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.