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SMEETS

Active Public limited companyfounded 1992active for 33 yearsBergensesteenweg 189, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0448.866.906 #3 company by equity in Sint-Pieters-Leeuw, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €16.0m (2024)
€12.4m▼ 22.5%
peak €2.2m (2024)
€1.5m▼ 31.5%
peak €11.8m (2025)
€11.8m▲ 4.0%
€3.8m▼ 16.6%
peak 10.1 FTE (2022)
8.5 FTE▲ 2.4%
Board6 names since 2017
3 directors and 2 others
Documentsfilings and deeds
19-08-202619 days late
2025financial year
Turnover from €16.0m to €12.4mResult from €2.2m to €1.5mDividend €1.1mDebts from €4.5m to €3.8mInvestments €90,096

Key points

from the 2025 annual accounts

Equity

€11.8m ▲ 4.0%
11.32024+1.5Profit-1.1Dividend11.82025

SMEETS paid out €1.1m in dividends. That is 71% of the 2025 profit.

Result

€1.5m ▼ 31.5%
€2.2m2024€1.5m2025

The result fell in 2025 from €2.2m to €1.5m.

Investments

€90,096 3.2 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Ten of the last ten came late. The 2017 accounts came latest: 204 days after the end of the period.

Board

2 joined

New directors. Latest change 16-06-2026 · 3 in office.

Position in the sector

75.8%

Higher solvency than 83% of companies in electrical equipment. Sector median 43.4% · 125 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as SMEETS has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for SMEETS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 14-06-2024
Director
Board & ownership

Recent changes

3 directors reappointed (managing director), and · Permanent representative: · General meeting of 16-06-2026 · Gazette deed
Reappointments: (director) and (director) General meeting of 23-06-2021 · Gazette deed
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 13-04-2022 · Gazette deed
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 21-07-2017 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
SMEETS Sint-Pieters-Leeuw €12.4m 18.0% 75.8% 8.5
CDC-Cabines de Ciney Ciney €5.7m 4.2% 22.9% 16
ETA - COM B Boom €16.5m 5.9% 28.4% 39.1
NIDEC INDUSTRIAL AUTOMATION BELGIUM Mechelen €10.1m 3.6% 50.9% 21.3
Etablissements Verhulst Soumagne €14.0m 27.1% 52.0% 42.9
DRUGMAND & MEERT Molenbeek-Saint-Jean €4.3m 0.7% 25.3% 7.2
JEMA Ottignies-Louvain-la-Neuve €15.7m 4.5% 38.1% 50.4
-10%0%10%20%€10,000€100,000€1m€10m€100mSMEETSEBIT margin

Grey: the largest companies of the sector (electrical equipment (NACE 27)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as SMEETS: manufacture of electrical equipment (NACE 27110). They are comparable in size and age: total assets between €4m and €16m, founded between 1948 and 2008.

Official details

Source: KBO
Status
Active since 30-12-1992Normal situation
Activity
Manufacture of electrical equipmentNACE 27110and 1 other
Establishment unit
2.061.129.7391600 Sint-Pieters-Leeuw, since 05-03-1993
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€15.5m▼ 1.9%
Employeeson 31-12-2025
9=
Filing
Filed on 19-08-2026
Financials

Insights on SMEETS

SMEETS has existed since 1992. Turnover grew from €4.7m in 2007 to €12.4m in 2025 and staff from 4 to 8.5 full-time equivalents.

In September 2026, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SMEETS

What is the company number of SMEETS?
The company number of SMEETS is 0448.866.906. The VAT number is the same number with BE in front: BE 0448.866.906.
Where is SMEETS based?
The registered office is at Bergensesteenweg 189, 1600 Sint-Pieters-Leeuw.Company details
What does SMEETS do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27110).
What is the legal form of SMEETS?
SMEETS is a public limited company (NV).
When was SMEETS founded?
SMEETS was founded on 30-12-1992.
Is SMEETS still active?
Yes, SMEETS is an active enterprise in the KBO register.
How many employees does SMEETS have?
SMEETS had an average of 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SMEETS?
The turnover of SMEETS was €12.4m in financial year 2025, according to the filed annual accounts.
Is SMEETS profitable?
In financial year 2025, SMEETS made a profit of €1.5m.
Where can I find the annual accounts of SMEETS?
SMEETS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SMEETS due?
SMEETS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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