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Smeets Technics

Active
Private limited companyfounded 201214 yrs activeSpalbeekstraat 120, 3510 Hasselt, BelgiumKBO/BCE: BE 0848.704.270
Summary

Smeets Technics has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €2k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-9
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 10.21 against 15.24 in 2024; short-term debt: 7.5% and cash: 40.8% of total assets), and 7.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.5%
Return on assets
1.9%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
17 d early
2023
7 d early
2022
7 d early
2021
25 d early
2020
30 d early
2019
22 d early
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€75k▼ 11.9%
2024 · €85k
2018: €33k 2019: €44k 2020: €55k 2021: €59k 2022: €82k 2023: €88k 2024: €85k
2018 → 2025
Total assets
€81k▼ 9.0%
2024 · €89k
2018: €46k 2019: €56k 2020: €65k 2021: €68k 2022: €146k 2023: €103k 2024: €89k
2018 → 2025
Net result
€2k▼ 81.0%
2024 · €8k
2018: €7k 2019: €12k 2020: €12k 2021: €5k 2022: €23k 2023: €6k 2024: €8k
2018 → 2025
Working capital
€56k▲ 0.2%
2024 · €56k
2018: €28k 2019: €28k 2020: €41k 2021: €50k 2022: €33k 2023: €49k 2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€59k-€82k▲ 37.9%€88k▲ 7.9%€85k▼ 3.6%€75k▼ 11.9%
Operating result€7k-€30k▲ 308%€10k▼ 68.1%€12k▲ 23.4%€2k▼ 81.4%
Net result€5k-€23k▲ 362%€6k▼ 72.1%€8k▲ 27.7%€2k▼ 81.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €7k€7kNet result 2021: €5k€5kOperating result 2022: €30k€30kNet result 2022: €23k€23kOperating result 2023: €10k€10kNet result 2023: €6k€6kOperating result 2024: €12k€12kNet result 2024: €8k€8kOperating result 2025: €2k€2kNet result 2025: €2k€2k20212022202320242025€0€5k€10kOperating result 2023: €10k€9.6kNet result 2023: €6k€6.5kOperating result 2024: €12k€12kNet result 2024: €8k€8.3kOperating result 2025: €2k€2.2kNet result 2025: €2k€1.6k202320242025
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets €19k ▼ 35.4%
Current assets €62k ▲ 3.8%
Equity and liabilities €81k
Equity €75k ▼ 11.9%
Debt €6k ▲ 55.1%
Debt's share of the balance-sheet total rises from 4.4% to 7.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12k
2024 · €23k
Cash flow
€12k
2024 · €19k
Current ratio
10.21
2024 · 15.24
Quick ratio
7.24
2024 · 13.15
Debt to equity
0.08
2024 · 0.05
ROE
2.1%
2024 · 9.7%
ROA
1.9%
2024 · 9.3%
Interest coverage
85.48
2024 · 172.53
Debt ≤ 1 year
€6k
2024 · €4k
Income taxes
€800
2024 · €4k
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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€89k€81k
Fixed assets21/28€29k€19k
Tangible fixed assets22/27€29k€19k
Plant, machinery and equipment23€907€258
Furniture and vehicles24€28k€18k
Current assets29/58€60k€62k
Stocks and contracts in progress3€8k€18k
Stocks30/36€8k€18k
Amounts receivable within one year40/41€3k€11k
Trade receivables40€0€7k
Other amounts receivable41€3k€4k
Cash at bank and in hand54/58€48k€33k
Deferred charges and accrued income490/1€779€122
Equity and liabilities
Total equity and liabilities10/49€89k€81k
Equity10/15€85k€75k
Contributions10/11€19k€19k=
Reserves13€66k€56k
Distributable reserves133€66k€56k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4k€6k
Amounts payable within one year42/48€4k€6k
Trade debts44€1k€638
Suppliers440/4€1k€638
Other amounts payable47/48€3k€5k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k
Other operating charges640/8€598€711
Gross operating margin9900€23k€13k
Operating profit (loss)9901€12k€2k
Financial income75/76B€446€310
Recurring financial income75€446€310
Financial charges65/66B€130€146
Recurring financial charges65€130€146
Profit (loss) for the period before taxes9903€12k€2k
Income taxes67/77€4k€800
Profit (loss) for the period9904€8k€2k
Profit (loss) for the period to be appropriated9905€8k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€8k€2k
Transfer from equity791/2€11k€12k
Transfer to equity691/2€8k€2k
To other reserves6921€8k€2k
Profit to be distributed694/7€11k€12k
Return on contributions (dividend)694€11k€12k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €2k ▼81%
Net result drops to €2k, the lowest in the series.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity quadruplescurrent ratio 15.24
Current ratio from 4.35 to 15.24; short-term debt falls from €14k to €4k.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 4.35
Current ratio from 1.52 to 4.35; short-term debt falls from €64k to €14k.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €23k ▲362%
Operating result €30k, net result €23k, both a record.
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Hasselt · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Spalbeekstraat 1203510 Hasselt
Ground area
399 m²
Building footprint
96 m²
Volume, LiDAR
765 m³
Parcel 71054A0122/00C000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Smeets technics
Spalbeekstraat 120, 3510 HasseltManufacture of electrical equipment
since 20122.212.509.325
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71054A0122/00C000 Flanders 399 m² 1 · 96 m² 10.7 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, comparable size

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,796 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.