SMEKENS
ActiveSummary
SMEKENS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €31k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+11
Solvency61▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.13 in 2024; short-term debt: 26.3% and cash: 6.5% of total assets), and 64.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
35.6%
Return on assets
5.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
6 d early
2023
on the day
2022
on the day
2021
2 d early
2020
1 d early
2019
on the day
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€213k▲ 16.9%
2024 · €183k
2018: €-23klowest in 8 years
2019: €43k▲ +287% vs 2018
2020: €92k▲ +112% vs 2019
2021: €119k▲ +29.3% vs 2020
2022: €128k▲ +7.4% vs 2021
2023: €172k▲ +34.4% vs 2022
2024: €183k▲ +6.3% vs 2023
2025: €213k▲ +16.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€599k▼ 1.6%
2024 · €609k
2018: €848khighest in 8 years
2019: €795k▼ -6.2% vs 2018
2020: €757k▼ -4.8% vs 2019
2021: €713k▼ -5.8% vs 2020
2022: €690k▼ -3.2% vs 2021
2023: €725k▲ +5.0% vs 2022
2024: €609k▼ -16.0% vs 2023
2025: €599k▼ -1.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€31k▲ 186%
2024 · €11k
2018: €45khighest in 8 years
2019: €45k● 0.0% vs 2018highest in 8 years
2020: €22k▼ -50.5% vs 2019
2021: €27k▲ +22.9% vs 2020
2022: €9k▼ -67.5% vs 2021lowest in 8 years
2023: €44k▲ +399% vs 2022
2024: €11k▼ -75.5% vs 2023
2025: €31k▲ +186% vs 2024
2018 → 2025
Working capital
€47k▲ 150%
2024 · €19k
2018: €-19klowest in 8 years
2019: €37k▲ +290% vs 2018
2020: €66k▲ +80.3% vs 2019
2021: €100k▲ +51.3% vs 2020
2022: €101k▲ +1.8% vs 2021highest in 8 years
2023: €85k▼ -16.2% vs 2022
2024: €19k▼ -77.9% vs 2023
2025: €47k▲ +150% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€128k▲ 7.4%€172k▲ 34.4%€183k▲ 6.3%€213k▲ 16.9%
2021: €119klowest in 5 years
2022: €128k▲ +7.4% vs 2021
2023: €172k▲ +34.4% vs 2022
2024: €183k▲ +6.3% vs 2023
2025: €213k▲ +16.9% vs 2024highest in 5 years
Operating result€53k-€29k▼ 45.9%€76k▲ 165%€31k▼ 58.9%€24k▼ 23.8%
2021: €53k
2022: €29k▼ -45.9% vs 2021
2023: €76k▲ +165% vs 2022highest in 5 years
2024: €31k▼ -58.9% vs 2023
2025: €24k▼ -23.8% vs 2024lowest in 5 years
Net result€27k-€9k▼ 67.5%€44k▲ 399%€11k▼ 75.5%€31k▲ 186%
2021: €27k
2022: €9k▼ -67.5% vs 2021lowest in 5 years
2023: €44k▲ +399% vs 2022highest in 5 years
2024: €11k▼ -75.5% vs 2023
2025: €31k▲ +186% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €599k
Fixed assets
€395k ▼ 10.6%
Current assets
€204k ▲ 22.0%
Equity and liabilities €599k
Equity
€213k ▲ 16.9%
Provisions
€111k ▼ 0.5%
Debt
€274k ▼ 12.7%
Debt's share of the balance-sheet total falls from 51.6% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2024 · €85k
Cash flow
€80k▲
2024 · €65k
Current ratio
1.30▲
2024 · 1.13
Quick ratio
1.27▲
2024 · 1.09
Debt to equity
1.29▼
2024 · 1.72
ROE
14.4%▲
2024 · 5.9%
ROA
5.1%▲
2024 · 1.8%
Interest coverage
6.14▲
2024 · 5.20
Debt ≤ 1 year
€157k▲
2024 · €149k
Debt > 1 year
€117k▼
2024 · €163k
Income taxes
€8k▲
2024 · €6k
Staff costs
€85k▲
2024 · €84k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€609k€599k▼
Fixed assets21/28€441k€395k▼
Tangible fixed assets22/27€370k€359k▼
Land and buildings22€332k€327k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€21k€18k▼
Financial fixed assets28€71k€36k▼
Current assets29/58€168k€204k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€86k€156k▲
Trade receivables40€85k€95k▲
Other amounts receivable41€922€61k▲
Cash at bank and in hand54/58€69k€39k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€609k€599k▼
Equity10/15€183k€213k▲
Contributions10/11€94k€94k=
Reserves13€89k€119k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€62k€60k▼
Distributable reserves133€27k€60k▲
Provisions and deferred taxes16€112k€111k▼
Provisions for liabilities and charges160/5€96k€96k=
Pensions and similar obligations160€96k€96k=
Deferred taxes168€16k€16k▼
Amounts payable17/49€314k€274k▼
Amounts payable after more than one year17€163k€117k▼
Financial debts170/4€163k€117k▼
Amounts payable within one year42/48€149k€157k▲
Current portion of amounts payable after more than one year42€46k€46k▲
Trade debts44€12k€61k▲
Suppliers440/4€12k€61k▲
Taxes, remuneration and social security45€57k€36k▼
Taxes450/3€46k€28k▼
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48€35k€15k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€84k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€49k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€177k€166k▼
Operating profit (loss)9901€31k€24k▼
Financial income75/76B€1k€26k▲
Recurring financial income75€1k€26k▲
Financial charges65/66B€16k€12k▼
Recurring financial charges65€16k€12k▼
Profit (loss) for the period before taxes9903€16k€38k▲
Transfer from deferred taxes780€602€572▼
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€11k€31k▲
Transfer from tax-exempt reserves789€2k€2k▼
Profit (loss) for the period to be appropriated9905€13k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€32k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€13k€32k▲
To other reserves6921€13k€32k▲
Social balance
Average headcount (FTE)90871.61.6=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | €4k | €0 | - | - |
| Remuneration, social security and pensions62 | €69k | €74k | €89k | €84k | €85k | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €57k | €52k | €54k | €49k | ▼ 8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €7k | €7k | €7k | €7k | €8k | ▲ 2.9% |
| Gross operating margin9900 | €182k | €167k | €224k | €177k | €166k | ▼ 6.2% |
| Operating profit (loss)9901 | €53k | €29k | €76k | €31k | €24k | ▼ 23.8% |
| Financial income75/76B | €591 | €223 | €809 | €1k | €26k | ▲ 2,196% |
| Recurring financial income75 | €591 | €223 | €809 | €1k | €26k | ▲ 2,196% |
| Financial charges65/66B | €19k | €16k | €16k | €16k | €12k | ▼ 26.9% |
| Recurring financial charges65 | €19k | €16k | €16k | €16k | €12k | ▼ 26.9% |
| Profit (loss) for the period before taxes9903 | €35k | €13k | €61k | €16k | €38k | ▲ 135% |
| Transfer from deferred taxes780 | €888 | €888 | €613 | €602 | €572 | ▼ 5.1% |
| Income taxes67/77 | €9k | €5k | €18k | €6k | €8k | ▲ 30.6% |
| Profit (loss) for the period9904 | €27k | €9k | €44k | €11k | €31k | ▲ 186% |
| Transfer from tax-exempt reserves789 | €27k | €3k | €2k | €2k | €2k | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €54k | €11k | €46k | €13k | €32k | ▲ 158% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €713k | €690k | €725k | €609k | €599k | ▼ 1.6% |
| Fixed assets21/28 | €439k | €393k | €408k | €441k | €395k | ▼ 10.6% |
| Tangible fixed assets22/27 | €427k | €381k | €337k | €370k | €359k | ▼ 3.0% |
| Land and buildings22 | €376k | €334k | €293k | €332k | €327k | ▼ 1.5% |
| Plant, machinery and equipment23 | €19k | €16k | €15k | €12k | €11k | ▼ 9.1% |
| Furniture and vehicles24 | €21k | €10k | €5k | €4k | €2k | ▼ 50.7% |
| Other tangible fixed assets26 | €12k | €21k | €24k | €21k | €18k | ▼ 13.7% |
| Financial fixed assets28 | €12k | €12k | €71k | €71k | €36k | ▼ 49.8% |
| Current assets29/58 | €274k | €297k | €316k | €168k | €204k | ▲ 22.0% |
| Stocks and contracts in progress3 | €4k | €4k | €6k | €5k | €4k | ▼ 14.2% |
| Stocks30/36 | €4k | €4k | €6k | €5k | €4k | ▼ 14.2% |
| Amounts receivable within one year40/41 | €73k | €143k | €142k | €86k | €156k | ▲ 81.3% |
| Trade receivables40 | €56k | €142k | €141k | €85k | €95k | ▲ 11.1% |
| Other amounts receivable41 | €17k | €1k | €197 | €922 | €61k | ▲ 6,562% |
| Cash at bank and in hand54/58 | €193k | €148k | €164k | €69k | €39k | ▼ 43.3% |
| Deferred charges and accrued income490/1 | €4k | €2k | €5k | €8k | €5k | ▼ 32.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €713k | €690k | €725k | €609k | €599k | ▼ 1.6% |
| Equity10/15 | €119k | €128k | €172k | €183k | €213k | ▲ 16.9% |
| Contributions10/11 | €94k | €94k | €94k | €94k | €94k | = |
| Reserves13 | €126k | €123k | €78k | €89k | €119k | ▲ 34.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €68k | €65k | €63k | €62k | €60k | ▼ 2.8% |
| Distributable reserves133 | €56k | €56k | €13k | €27k | €60k | ▲ 120% |
| Profit (loss) carried forward14 | €-100k | €-89k | €0 | - | - | - |
| Provisions and deferred taxes16 | €114k | €113k | €112k | €112k | €111k | ▼ 0.5% |
| Provisions for liabilities and charges160/5 | €96k | €96k | €96k | €96k | €96k | = |
| Pensions and similar obligations160 | €96k | €96k | €96k | €96k | €96k | = |
| Deferred taxes168 | €18k | €17k | €17k | €16k | €16k | ▼ 3.5% |
| Amounts payable17/49 | €481k | €450k | €441k | €314k | €274k | ▼ 12.7% |
| Amounts payable after more than one year17 | €306k | €254k | €209k | €163k | €117k | ▼ 28.2% |
| Financial debts170/4 | €306k | €254k | €209k | €163k | €117k | ▼ 28.2% |
| Amounts payable within one year42/48 | €174k | €196k | €231k | €149k | €157k | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | €58k | €52k | €45k | €46k | €46k | ▲ 0.5% |
| Trade debts44 | €31k | €51k | €68k | €12k | €61k | ▲ 415% |
| Suppliers440/4 | €31k | €51k | €68k | €12k | €61k | ▲ 415% |
| Taxes, remuneration and social security45 | €44k | €63k | €70k | €57k | €36k | ▼ 36.7% |
| Taxes450/3 | €44k | €53k | €60k | €46k | €28k | ▼ 38.3% |
| Remuneration and social security454/9 | €20 | €11k | €10k | €11k | €8k | ▼ 30.0% |
| Other amounts payable47/48 | €42k | €29k | €48k | €35k | €15k | ▼ 57.7% |
| Accrued charges and deferred income492/3 | €0 | - | €554 | €3k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €9k | €44k | €11k | €31k | ▲ 186% |
| + Depreciation and write-downs630 | €53k | €57k | €52k | €54k | €49k | ▼ 8.0% |
| Operating cash flow (approximation) | €80k | €66k | €96k | €65k | €80k | ▲ 24.4% |
| Investment in fixed assets (approximation) | - | €-11k | €-67k | €-87k | €-3k | ▲ 96.8% |
| Change in cash | - | €-45k | €16k | €-95k | €-30k | ▲ 68.7% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €213k ▲16.9%
8 profitable years in a row build equity to €213k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €172k ▲34.4%
6 profitable years in a row build equity to €172k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €9k ▼67.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €119k ▲29.3%
4 profitable years in a row build equity to €119k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-07
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 3 acts read
About the unread acts
We know of 3 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
3 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, Dendermonde · 1 establishment unit since 2001
Ground area
3,064 m²
Building footprint
1,203 m²
Volume, LiDAR
5,170 m³
Parcel 42021B0014/00H002, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SMEKENS
since 20012.100.254.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021B0014/00H002 | Flanders | 3,064 m² | 1 · 1,203 m² | 5.0 m · 1 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 1,599 companies in sector 18120 we hold annual accounts for 807. 623 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
Founded14-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
Scores and ratios are computed by Checked and are not a credit decision.