SMEVAGO
ActiveSummary
SMEVAGO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.5m and a net result of €505,498. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 66% of 77 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-04-2005 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 31-03-2025
- Establishment unit
- 2.146.901.196 2370 Arendonk, since 05-04-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 24-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €2.5m
- ▼ 8.0%
- Turnover
- ≈ €4.4m
- estimated
- Profit
- €505,498
- ▼ 18.3%
- Equity
- €2.5m
- ▲ 14.0%
- Total assets
- €4.3m
- ▼ 2.5%
- Employees on 31-03-2026
- 26
- ▲ 4.0%
Score breakdownlowers riskSize: 28.5 FTE, total assets €4.3mFounded in 2005Equity €2.5m (58.6% of total assets)Liquidity: current ratio 1.70, cash €595,470Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 70% of them on solvency, 73% on liquidity, 81% on profitability and 75% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 120 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: More equity than 92% of companies in fabricated metal productssector median €402,939 · 77 companies €2.5m View
- 2 restructurings since 2025latest: branch transferred to SMEGO NEWCO 2 View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2026: €505,498 8 years View
- Flemish supportawarded from 2022 to 2025 €53,678 View
Recent changes
- · Gazette deed Demerger: SMEGO NEWCO splits off to SMEGOCompany renamed from SMEGO to SMEVAGO
- · Gazette deed Demerger proposal: SMEGO splits off to Smego (formerly Smego Newco)
- · Gazette deed Merger: SMEGO takes over BEYENSChange of role: VAN GOOL Bart Peter August, from director to bijkomende niet statutaire bestuurder
Comparable companies
These companies have the same main activity as SMEVAGO: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €3.8m and €6m, founded between 1999 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| SMEVAGO Arendonk | €4.3m | €2.5m |
| MEBO STEEL Lokeren | €4.6m | €2.1m |
| G&D CONSTRUCT Sint-Katelijne-Waver | €3.9m | €1.7m |
| ALOCA Brecht | €5.1m | €2.2m |
| VYCON Roeselare | €4.4m | €1.9m |
| BSM Ledegem | €6.0m | €2.3m |
| DELMAR Comines-Warneton | €3.8m | €2.1m |
Key facts about SMEVAGO
- What is the company number of SMEVAGO?
- The company number of SMEVAGO is 0872.964.465. The VAT number is the same number with BE in front: BE 0872.964.465.
- Where is SMEVAGO based?
- The registered office is at Hoge Mauw 500, 2370 Arendonk.Company details
- What does SMEVAGO do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of SMEVAGO?
- The legal form of SMEVAGO is Private limited company (BV).
- When was SMEVAGO founded?
- SMEVAGO was founded on 05-04-2005.
- Is SMEVAGO still active?
- Yes, SMEVAGO is an active enterprise in the KBO register.
- How many employees does SMEVAGO have?
- SMEVAGO had an average of 28.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does SMEVAGO fall under?
- In its 31-03-2025 annual accounts, SMEVAGO states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of SMEVAGO?
- The turnover in financial year 2026 is ≈ €4.4m. This figure is estimated from the gross margin of €2.5m and 1,584 comparable companies of the same size. It probably lies between €3.0m and €7.2m. It is a rough estimate.
- Is SMEVAGO profitable?
- In financial year 2026, SMEVAGO made a profit of €505,498.
- Where can I find the annual accounts of SMEVAGO?
- SMEVAGO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SMEVAGO due?
- SMEVAGO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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