SMEETS
ActiveSummary
SMEETS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€179,493) and a net result of €20,009. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+45
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.1 in 2024; short-term debt: 486.9% and cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-449.5%
Return on assets
50.1%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7930 sector peers (2025).
NBB · sector comparisonPosition among 7930 sector peers
Solvency
better than 5%
← weakest
strongest →
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 · 10 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
2 d early
2022
5 d early
2021
5 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€179,493▲ 10.0%
2024 · -€199,502
Total assets
€39,929▼ 18.9%
2024 · €49,255
Net result
€20,009▲ 1,282%
2024 · €1,448
Working capital
-€180,183▲ 10.5%
2024 · -€201,371
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€13,085€5,595€26▼ 99.5%€7,809▲ 29,715%€27,881▲ 257%
Net result-€16,814below the sector's middle half-€2below the sector's middle half▲ 100.0%-€5,965below the sector's middle half▼ 361,398%€1,448below the sector's middle half€20,009within the sector's middle half▲ 1,282%
Equity-€194,983below the sector's middle half▼ 9.4%-€194,985below the sector's middle half=-€200,950below the sector's middle half▼ 3.1%-€199,502below the sector's middle half▲ 0.7%-€179,493below the sector's middle half▲ 10.0%
Total assets€42,316below the sector's middle half▼ 4.2%€44,997below the sector's middle half▲ 6.3%€44,767below the sector's middle half▼ 0.5%€49,255below the sector's middle half▲ 10.0%€39,929below the sector's middle half▼ 18.9%
Debt€237,299▲ 6.7%€239,982▲ 1.1%€245,716▲ 2.4%€248,757▲ 1.2%€219,422▼ 11.8%
Working capital-€186,018below the sector's middle half▼ 10.8%-€191,507below the sector's middle half▼ 3.0%-€199,894below the sector's middle half▼ 4.4%-€201,371below the sector's middle half▼ 0.7%-€180,183below the sector's middle half▲ 10.5%
Solvency-460.8%below the sector's middle half▼ 57.5pp-433.3%below the sector's middle half▲ 27.5pp-448.9%below the sector's middle half▼ 15.6pp-405.0%below the sector's middle half▲ 43.8pp-449.5%below the sector's middle half▼ 44.5pp
Current ratio0.12below the sector's middle half▼ 0.030.11below the sector's middle half▼ 0.010.09below the sector's middle half▼ 0.010.10below the sector's middle half▲ 0.010.07below the sector's middle half▼ 0.03
Return on assets (ROA)-39.7%below the sector's middle half▼ 63.4pp0.0%below the sector's middle half▲ 39.7pp-13.3%below the sector's middle half▼ 13.3pp2.9%within the sector's middle half▲ 16.3pp50.1%above the sector's middle half▲ 47.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 257% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,929
Fixed assets
€25,690 ▼ 4.4%
Current assets
€14,239 ▼ 36.4%
Key figures and ratios
EBITDA
€32,408▲
2024 · €12,607
Cash flow
€24,535▲
2024 · €6,246
Quick ratio
0.03▼
2024 · 0.07
Debt to equity
-1.22▲
2024 · -1.25
Interest coverage
4.11▲
2024 · 1.97
Debt ≤ 1 year
€194,422▼
2024 · €223,757
Debt > 1 year
€25,000=
2024 · €25,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,243 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,296 | €6,085 | €4,914 | €4,798 | €4,527 | ▼ 5.7% |
| Gross operating margin9900 | -€7,789 | €11,680 | €4,940 | €12,607 | €32,408 | ▲ 157% |
| Operating profit (loss)9901 | -€13,085 | €5,595 | €26 | €7,809 | €27,881 | ▲ 257% |
| Financial income75/76B | - | €107 | €16 | €41 | €22 | ▼ 46.4% |
| Recurring financial income75 | - | €107 | €16 | €41 | €22 | ▼ 46.4% |
| Financial charges65/66B | €3,729 | €5,704 | €6,007 | €6,401 | €7,894 | ▲ 23.3% |
| Recurring financial charges65 | €3,729 | €5,704 | €6,007 | €6,401 | €7,894 | ▲ 23.3% |
| Profit (loss) for the period before taxes9903 | -€16,814 | -€2 | -€5,965 | €1,448 | €20,009 | ▲ 1,282% |
| Profit (loss) for the period9904 | -€16,814 | -€2 | -€5,965 | €1,448 | €20,009 | ▲ 1,282% |
| Profit (loss) for the period to be appropriated9905 | -€16,814 | -€2 | -€5,965 | €1,448 | €20,009 | ▲ 1,282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,316 | €44,997 | €44,767 | €49,255 | €39,929 | ▼ 18.9% |
| Fixed assets21/28 | €16,035 | €21,522 | €23,944 | €26,870 | €25,690 | ▼ 4.4% |
| Tangible fixed assets22/27 | €14,905 | €14,392 | €11,314 | €8,740 | €5,060 | ▼ 42.1% |
| Plant, machinery and equipment23 | €14,905 | €14,392 | €11,314 | €8,740 | €5,060 | ▼ 42.1% |
| Financial fixed assets28 | €1,130 | €7,130 | €12,630 | €18,130 | €20,630 | ▲ 13.8% |
| Current assets29/58 | €26,281 | €23,475 | €20,823 | €22,386 | €14,239 | ▼ 36.4% |
| Stocks and contracts in progress3 | €10,879 | €18,136 | €12,044 | €6,468 | €8,135 | ▲ 25.8% |
| Stocks30/36 | €10,879 | €18,136 | €12,044 | €6,468 | €8,135 | ▲ 25.8% |
| Amounts receivable within one year40/41 | €6,809 | €3,982 | €8,647 | €15,381 | €4,874 | ▼ 68.3% |
| Trade receivables40 | €2,229 | €2,944 | €8,061 | €14,599 | €4,856 | ▼ 66.7% |
| Other amounts receivable41 | €4,581 | €1,038 | €586 | €783 | €18 | ▼ 97.6% |
| Cash at bank and in hand54/58 | €8,592 | €1,357 | €131 | €536 | €202 | ▼ 62.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,028 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,316 | €44,997 | €44,767 | €49,255 | €39,929 | ▼ 18.9% |
| Equity10/15 | -€194,983 | -€194,985 | -€200,950 | -€199,502 | -€179,493 | ▲ 10.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€214,983 | -€214,985 | -€220,950 | -€219,502 | -€199,493 | ▲ 9.1% |
| Amounts payable17/49 | €237,299 | €239,982 | €245,716 | €248,757 | €219,422 | ▼ 11.8% |
| Amounts payable after more than one year17 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Financial debts170/4 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Amounts payable within one year42/48 | €212,299 | €214,982 | €220,716 | €223,757 | €194,422 | ▼ 13.1% |
| Financial debts43 | €379 | €705 | €992 | €1,298 | €1,604 | ▲ 23.6% |
| Credit institutions430/8 | - | €20 | - | - | - | - |
| Other loans439 | €379 | €685 | €992 | €1,298 | €1,604 | ▲ 23.6% |
| Trade debts44 | €24,950 | €27,834 | €20,211 | €31,900 | €21,992 | ▼ 31.1% |
| Suppliers440/4 | €24,950 | €27,834 | €20,211 | €31,900 | €21,992 | ▼ 31.1% |
| Taxes, remuneration and social security45 | - | €131 | €1,331 | €3,235 | €1,812 | ▼ 44.0% |
| Taxes450/3 | - | €131 | €1,331 | €3,235 | €1,812 | ▼ 44.0% |
| Other amounts payable47/48 | €186,970 | €186,311 | €198,183 | €187,324 | €169,014 | ▼ 9.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,814 | -€2 | -€5,965 | €1,448 | €20,009 | ▲ 1,282% |
| + Depreciation and write-downs630 | €5,296 | €6,085 | €4,914 | €4,798 | €4,527 | ▼ 5.7% |
| Operating cash flow (approximation) | -€11,518 | €6,083 | -€1,050 | €6,246 | €24,535 | ▲ 293% |
| Investment in fixed assets (approximation) | - | -€11,572 | -€7,337 | -€7,724 | -€3,347 | ▲ 56.7% |
| Change in cash | - | -€7,235 | -€1,226 | €405 | -€334 | ▼ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €20,009 ▲1,282%
Operating result €27,881, net result €20,009, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1,448
Net result €1,448 after 3 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€16,814
Net result drops to -€16,814, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €10,444
Net result €10,444 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Ranst · 1 establishment unit since 2013
Ground area
647 m²
Building footprint
133 m²
Volume, LiDAR
947 m³
Parcel 11035C0366/00Y000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Smeets
since 20132.221.373.838
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0366/00Y000 | Flanders | 647 m² | 1 · 133 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Algemene Dakwerken De Herdt
BE 0895.512.611
Ranst
Algemene Renovatie Werken Construction
BE 0767.727.977
Ranst
APEX ROOF
BE 1023.391.669
Ranst
Baeck Cladding
BE 0720.874.603
Ranst
BERT MEEUS
BE 0436.060.035
Ranst
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 8,576 companies in sector 43410 we hold annual accounts for 4,368. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43211General electrical installation work
43230Insulation installation
43320Joinery installation
43341Painting of buildings
43422Screed work
Contact
E-mail
info@smeetsonline.be
Phone
03/475 19 91Ranst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537618243
Also
9925:BE0537618243
Registered
12-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.