SMEETS K.
ActiveSummary
SMEETS K. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €265,157. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 2386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 5.94 against 7.38 in 2024; short-term debt: 15.7% and cash: 41.8% of total assets), and 15.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.3%
Return on assets
16.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
on the day
2022
on the day
2021
1 d late
2020
3 d late
2019
4 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 8 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 oldest company in Grimbergen, Health and social work sector#9 company by equity in Grimbergen, Health and social work sector
Equity
€1.3m▲ 6.5%
2024 · €1.3m
Total assets
€1.6m▲ 11.2%
2024 · €1.4m
Net result
€265,157▼ 8.9%
2024 · €291,023
Working capital
€1.2m▲ 12.5%
2024 · €1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health 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€350,662▲ 147%€321,630▼ 8.3%€353,815▲ 10.0%€417,242▲ 17.9%€382,554▼ 8.3%
Net result€239,364within the sector's middle half▲ 131%€225,038within the sector's middle half▼ 6.0%€244,427within the sector's middle half▲ 8.6%€291,023within the sector's middle half▲ 19.1%€265,157within the sector's middle half▼ 8.9%
Equity€603,901within the sector's middle half▲ 10.8%€792,939within the sector's middle half▲ 31.3%€963,366within the sector's middle half▲ 21.5%€1.3mwithin the sector's middle half▲ 30.2%€1.3mabove the sector's middle half▲ 6.5%
Total assets€799,583within the sector's middle half▲ 17.4%€1.0mwithin the sector's middle half▲ 28.0%€1.2mwithin the sector's middle half▲ 17.4%€1.4mwithin the sector's middle half▲ 18.6%€1.6mwithin the sector's middle half▲ 11.2%
Debt€195,682▲ 44.0%€230,449▲ 17.8%€238,505▲ 3.5%€171,351▼ 28.2%€248,655▲ 45.1%
Working capital€483,018within the sector's middle half▲ 16.5%€640,207within the sector's middle half▲ 32.5%€772,532within the sector's middle half▲ 20.7%€1.1mabove the sector's middle half▲ 41.4%€1.2mabove the sector's middle half▲ 12.5%
Solvency75.5%within the sector's middle half▼ 4.5pp77.5%within the sector's middle half▲ 2.0pp80.2%within the sector's middle half▲ 2.7pp88.0%above the sector's middle half▲ 7.8pp84.3%above the sector's middle half▼ 3.7pp
Current ratio3.47within the sector's middle half▼ 0.583.78within the sector's middle half▲ 0.314.24within the sector's middle half▲ 0.467.38above the sector's middle half▲ 3.145.94within the sector's middle half▼ 1.43
Return on assets (ROA)29.9%above the sector's middle half▲ 14.7pp22.0%above the sector's middle half▼ 7.9pp20.3%within the sector's middle half▼ 1.7pp20.4%within the sector's middle half▲ 0.1pp16.7%within the sector's middle half▼ 3.7pp
Staff (FTE)1.4within the sector's middle half▲ 55.6%1.1within the sector's middle half▼ 21.4%1.4within the sector's middle half▲ 27.3%1.7within the sector's middle half▲ 21.4%1within the sector's middle half▼ 41.2%
above
within
below
the middle half (P25 to P75) of NACE 86, Human health 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
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€107,512 ▼ 33.6%
Current assets
€1.5m ▲ 16.9%
Equity and liabilities €1.6m
Equity
€1.3m ▲ 6.5%
Debt
€248,655 ▲ 45.1%
Debt's share of the balance-sheet total rises from 12.0% to 15.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€420,268▼
2024 · €464,417
Cash flow
€302,871▼
2024 · €338,198
Debt to equity
0.19▲
2024 · 0.14
ROE
19.8%▼
2024 · 23.2%
Interest coverage
249.77▼
2024 · 1528.94
Debt ≤ 1 year
€248,655▲
2024 · €171,351
Income taxes
€120,580▼
2024 · €133,847
Staff costs
€51,175▼
2024 · €97,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €3,723 | €1,180 | €0 | €14,424 | - |
| Remuneration, social security and pensions62 | €55,663 | €52,316 | €67,092 | €97,068 | €51,175 | ▼ 47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,462 | €31,398 | €38,191 | €47,175 | €37,714 | ▼ 20.1% |
| Other operating charges640/8 | €3,609 | €16,337 | €14,946 | €6,556 | €1,886 | ▼ 71.2% |
| Gross operating margin9900 | €443,397 | €421,681 | €474,044 | €568,041 | €473,330 | ▼ 16.7% |
| Operating profit (loss)9901 | €350,662 | €321,630 | €353,815 | €417,242 | €382,554 | ▼ 8.3% |
| Financial income75/76B | - | - | - | €7,932 | €4,865 | ▼ 38.7% |
| Recurring financial income75 | - | - | - | €7,932 | €4,865 | ▼ 38.7% |
| Financial charges65/66B | €2,313 | €1,796 | €148 | €304 | €1,683 | ▲ 454% |
| Recurring financial charges65 | €2,313 | €1,796 | €148 | €304 | €1,683 | ▲ 454% |
| Profit (loss) for the period before taxes9903 | €348,349 | €319,834 | €353,667 | €424,871 | €385,737 | ▼ 9.2% |
| Income taxes67/77 | €108,985 | €94,796 | €109,239 | €133,847 | €120,580 | ▼ 9.9% |
| Profit (loss) for the period9904 | €239,364 | €225,038 | €244,427 | €291,023 | €265,157 | ▼ 8.9% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €239,364 | €225,038 | €244,427 | €291,023 | €265,157 | ▼ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €799,583 | €1.0m | €1.2m | €1.4m | €1.6m | ▲ 11.2% |
| Fixed assets21/28 | €120,883 | €152,732 | €190,834 | €161,993 | €107,512 | ▼ 33.6% |
| Tangible fixed assets22/27 | €120,883 | €152,732 | €190,834 | €161,993 | €107,512 | ▼ 33.6% |
| Plant, machinery and equipment23 | €93,079 | €139,144 | €168,686 | €144,832 | €107,304 | ▼ 25.9% |
| Furniture and vehicles24 | €27,804 | €13,588 | €22,148 | €17,161 | €207 | ▼ 98.8% |
| Current assets29/58 | €678,700 | €870,655 | €1.0m | €1.3m | €1.5m | ▲ 16.9% |
| Amounts receivable after more than one year29 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Other amounts receivable291 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Amounts receivable within one year40/41 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €0 | - | - | - | - | - |
| Current investments50/53 | - | - | - | €405,293 | €408,697 | ▲ 0.8% |
| Cash at bank and in hand54/58 | €275,893 | €464,957 | €609,196 | €453,150 | €662,452 | ▲ 46.2% |
| Deferred charges and accrued income490/1 | €2,807 | €5,699 | €1,842 | €5,305 | €6,540 | ▲ 23.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €799,583 | €1.0m | €1.2m | €1.4m | €1.6m | ▲ 11.2% |
| Equity10/15 | €603,901 | €792,939 | €963,366 | €1.3m | €1.3m | ▲ 6.5% |
| Contributions10/11 | €37,200 | €37,200 | €37,200 | €37,200 | €37,200 | = |
| Reserves13 | €535,720 | €724,720 | €894,720 | €1.2m | €1.3m | ▲ 6.9% |
| Non-distributable reserves130/1 | €3,720 | €3,720 | €0 | - | - | - |
| Reserves not available under the articles1311 | €3,720 | €3,720 | €0 | - | - | - |
| Distributable reserves133 | €532,000 | €721,000 | €894,720 | €1.2m | €1.3m | ▲ 6.9% |
| Profit (loss) carried forward14 | €30,981 | €31,019 | €31,446 | €31,470 | €31,626 | ▲ 0.5% |
| Amounts payable17/49 | €195,682 | €230,449 | €238,505 | €171,351 | €248,655 | ▲ 45.1% |
| Amounts payable within one year42/48 | €195,682 | €230,449 | €238,505 | €171,351 | €248,655 | ▲ 45.1% |
| Trade debts44 | €26,083 | €53,773 | €33,506 | €53,700 | €13,990 | ▼ 73.9% |
| Suppliers440/4 | €26,083 | €53,773 | €33,506 | €53,700 | €13,990 | ▼ 73.9% |
| Taxes, remuneration and social security45 | €70,679 | €63,549 | €36,436 | €41,199 | €37,604 | ▼ 8.7% |
| Taxes450/3 | €62,317 | €54,181 | €24,035 | €27,127 | €32,008 | ▲ 18.0% |
| Remuneration and social security454/9 | €8,361 | €9,369 | €12,401 | €14,072 | €5,597 | ▼ 60.2% |
| Other amounts payable47/48 | €98,921 | €113,126 | €168,564 | €76,452 | €197,060 | ▲ 158% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €239,364 | €225,038 | €244,427 | €291,023 | €265,157 | ▼ 8.9% |
| + Depreciation and write-downs630 | €33,462 | €31,398 | €38,191 | €47,175 | €37,714 | ▼ 20.1% |
| Operating cash flow (approximation) | €272,826 | €256,436 | €282,618 | €338,198 | €302,871 | ▼ 10.4% |
| Investment in fixed assets (approximation) | - | -€63,247 | -€76,292 | -€18,334 | €16,767 | ▲ 191% |
| Change in cash | - | €189,064 | €144,240 | -€156,046 | €209,302 | ▲ 234% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €291,023 ▲19.1%
Operating result €417,242, net result €291,023, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲30.2%
7 profitable years in a row build equity to €1.3m.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
31-12
Financial
Equity above €500,000Eq €545,010 ▲11.6%
3 profitable years in a row build equity to €545,010.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Grimbergen · 1 establishment unit since 2007
Ground area
1,594 m²
Building footprint
351 m²
Volume, LiDAR
1,633 m³
Parcel 23402E0456/00G002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SMEETS K.
since 20072.160.111.410
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0456/00G002 | Flanders | 1,594 m² | 1 · 351 m² | 7.6 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.
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Of 6,944 companies in sector 86230 we hold annual accounts for 4,298. 2,588 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-1994
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453208744
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.