SMETIM
ActiveSummary
SMETIM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,616 and a net result of -€11,652. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 59% of 1856 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-67
Solvency56▲+5
Growth41▲+9
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.56 in 2023; short-term debt: 56.3% and cash: 4.5% of total assets), and 68.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2024Solvency, return and age of the figures
Solvency
31.3%
Return on assets
-6.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€11,652
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
61 d late
2022
31 d late
2021
74 d late
2020
184 d late
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€41,000▲ 38.8%
2023 · €29,547
EBIT margin
-27.1%▼ 36.0pp
2023 · 8.9%
Net result
-€11,652▼ 10,930%
2023 · -€106
Working capital
-€79,897▼ 12.3%
2023 · -€71,122
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, 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
Line20202021202220232024
Turnover€30,533€33,011▲ 8.1%€42,293▲ 28.1%€29,547▼ 30.1%€41,000▲ 38.8%
Operating result-€22,531-€21,216▲ 5.8%€9,215€2,627▼ 71.5%-€11,124
Net result-€23,624within the sector's middle half-€24,919below the sector's middle half▼ 5.5%€5,027within the sector's middle half-€106within the sector's middle half-€11,652within the sector's middle half▼ 10,930%
EBIT margin-73.8%-64.3%▲ 9.5pp21.8%▲ 86.1pp8.9%▼ 12.9pp-27.1%▼ 36.0pp
Equity€87,266within the sector's middle half▼ 22.3%€62,347within the sector's middle half▼ 28.6%€67,374within the sector's middle half▲ 8.1%€67,269within the sector's middle half▼ 0.2%€55,616within the sector's middle half▼ 17.3%
Total assets€260,278within the sector's middle half▼ 12.6%€221,914within the sector's middle half▼ 14.7%€255,976within the sector's middle half▲ 15.3%€257,488within the sector's middle half▲ 0.6%€177,610within the sector's middle half▼ 31.0%
Debt€152,916▼ 7.1%€139,471▼ 8.8%€170,034▲ 21.9%€167,415▼ 1.5%€99,953▼ 40.3%
Working capital-€55,951within the sector's middle half▲ 6.6%-€56,225within the sector's middle half▼ 0.5%-€55,579within the sector's middle half▲ 1.1%-€71,122within the sector's middle half▼ 28.0%-€79,897within the sector's middle half▼ 12.3%
Solvency33.5%within the sector's middle half▼ 4.2pp28.1%within the sector's middle half▼ 5.4pp26.3%within the sector's middle half▼ 1.8pp26.1%within the sector's middle half▼ 0.2pp31.3%within the sector's middle half▲ 5.2pp
Current ratio0.51within the sector's middle half▲ 0.050.50within the sector's middle half▼ 0.010.63within the sector's middle half▲ 0.130.56within the sector's middle half▼ 0.070.20within the sector's middle half▼ 0.36
Return on assets (ROA)-9.1%below the sector's middle half▼ 11.3pp-11.2%below the sector's middle half▼ 2.2pp2.0%within the sector's middle half▲ 13.2pp0.0%within the sector's middle half▼ 2.0pp-6.6%below the sector's middle half▼ 6.5pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11,124 after €2,627 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,610
Fixed assets
€157,554 ▼ 6.4%
Current assets
€20,056 ▼ 77.5%
Equity and liabilities €177,610
Equity
€55,616 ▼ 17.3%
Provisions
€22,040 ▼ 3.3%
Debt
€99,953 ▼ 40.3%
Debt's share of the balance-sheet total falls from 65.0% to 56.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€371▼
2023 · €11,232
Cash flow
-€899▼
2023 · €8,500
Debt to equity
1.80▼
2023 · 2.49
ROE
-21.0%▼
2023 · -0.2%
Interest coverage
-0.29▼
2023 · 10.43
Debt ≤ 1 year
€99,953▼
2023 · €160,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 12,321 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €30,533 | €33,011 | €42,293 | €29,547 | €41,000 | ▲ 38.8% |
| Non-recurring operating income76A | - | €56,609 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €17,866 | €24,174 | €16,276 | €19,456 | ▲ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,592 | €6,230 | €6,101 | €8,605 | €10,753 | ▲ 25.0% |
| Other operating charges640/8 | - | €1,593 | €2,804 | €2,039 | €21,915 | ▲ 975% |
| Non-recurring operating charges66A | - | €88,707 | - | - | - | - |
| Gross operating margin9900 | €26,045 | €75,314 | €18,120 | €13,271 | €21,544 | ▲ 62.3% |
| Operating profit (loss)9901 | -€22,531 | -€21,216 | €9,215 | €2,627 | -€11,124 | ▼ 523% |
| Financial income75/76B | - | - | €0 | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - | €0 | - |
| Financial charges65/66B | - | €1,066 | €3,508 | €1,077 | €1,292 | ▲ 19.9% |
| Recurring financial charges65 | €1,856 | €1,066 | €3,508 | €1,077 | €1,292 | ▲ 19.9% |
| Profit (loss) for the period before taxes9903 | -€24,388 | -€22,282 | €5,707 | €1,550 | -€12,416 | ▼ 901% |
| Transfer from deferred taxes780 | - | - | €1,528 | €764 | €764 | = |
| Income taxes67/77 | - | €2,637 | €2,207 | €2,419 | - | - |
| Profit (loss) for the period9904 | -€23,624 | -€24,919 | €5,027 | -€106 | -€11,652 | ▼ 10,930% |
| Transfer from tax-exempt reserves789 | - | - | €2,967 | €1,484 | €1,484 | = |
| Profit (loss) for the period to be appropriated9905 | -€23,624 | -€24,919 | €7,995 | €1,378 | -€10,169 | ▼ 838% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €260,278 | €221,914 | €255,976 | €257,488 | €177,610 | ▼ 31.0% |
| Fixed assets21/28 | €202,722 | €165,562 | €162,651 | €168,306 | €157,554 | ▼ 6.4% |
| Tangible fixed assets22/27 | €199,783 | €162,623 | €159,713 | €165,368 | €154,615 | ▼ 6.5% |
| Land and buildings22 | - | €161,195 | €156,029 | €151,716 | €147,020 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €1,428 | €824 | €564 | €305 | ▼ 45.9% |
| Furniture and vehicles24 | - | - | €2,859 | €13,087 | €7,290 | ▼ 44.3% |
| Financial fixed assets28 | €2,939 | €2,939 | €2,939 | €2,939 | €2,939 | = |
| Current assets29/58 | €57,556 | €56,352 | €93,325 | €89,182 | €20,056 | ▼ 77.5% |
| Amounts receivable within one year40/41 | €17,604 | €47,441 | €93,070 | €78,368 | €10,920 | ▼ 86.1% |
| Trade receivables40 | - | €45,416 | €92,397 | €3,000 | €10,864 | ▲ 262% |
| Other amounts receivable41 | - | €2,025 | €673 | €75,368 | €56 | ▼ 99.9% |
| Current investments50/53 | €30,928 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €6,995 | €8,466 | €255 | €5,528 | €8,069 | ▲ 46.0% |
| Deferred charges and accrued income490/1 | - | €445 | - | €5,286 | €1,067 | ▼ 79.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €260,278 | €221,914 | €255,976 | €257,488 | €177,610 | ▼ 31.0% |
| Equity10/15 | €87,266 | €62,347 | €67,374 | €67,269 | €55,616 | ▼ 17.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €92,290 | €92,290 | €89,323 | €87,839 | €86,355 | ▼ 1.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €39,065 | €36,098 | €34,614 | €33,131 | ▼ 4.3% |
| Distributable reserves133 | - | €51,365 | €51,365 | €51,365 | €51,365 | = |
| Profit (loss) carried forward14 | -€23,624 | -€48,543 | -€40,548 | -€39,170 | -€49,339 | ▼ 26.0% |
| Provisions and deferred taxes16 | €20,096 | €20,096 | €18,568 | €22,804 | €22,040 | ▼ 3.3% |
| Provisions for liabilities and charges160/5 | - | - | - | €5,000 | €5,000 | = |
| Other liabilities and charges164/5 | - | - | - | €5,000 | €5,000 | = |
| Deferred taxes168 | - | €20,096 | €18,568 | €17,804 | €17,040 | ▼ 4.3% |
| Amounts payable17/49 | €152,916 | €139,471 | €170,034 | €167,415 | €99,953 | ▼ 40.3% |
| Amounts payable after more than one year17 | €39,409 | €26,894 | €21,130 | €7,111 | - | - |
| Financial debts170/4 | - | €26,894 | €21,130 | €7,111 | - | - |
| Amounts payable within one year42/48 | €113,506 | €112,577 | €148,904 | €160,304 | €99,953 | ▼ 37.6% |
| Current portion of amounts payable after more than one year42 | - | €20,204 | €13,752 | €14,019 | €7,111 | ▼ 49.3% |
| Trade debts44 | €4,076 | €6,923 | €11,515 | €3,321 | €3,230 | ▼ 2.7% |
| Suppliers440/4 | - | €6,923 | €11,515 | €3,321 | €3,230 | ▼ 2.7% |
| Taxes, remuneration and social security45 | - | - | - | - | €14,672 | - |
| Taxes450/3 | - | - | - | - | €14,672 | - |
| Other amounts payable47/48 | - | €85,450 | €123,637 | €142,964 | €74,941 | ▼ 47.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,624 | -€24,919 | €5,027 | -€106 | -€11,652 | ▼ 10,930% |
| + Depreciation and write-downs630 | €41,592 | €6,230 | €6,101 | €8,605 | €10,753 | ▲ 25.0% |
| Operating cash flow (approximation) | €17,968 | -€18,689 | €11,129 | €8,500 | -€899 | ▼ 111% |
| Investment in fixed assets (approximation) | - | €30,930 | -€3,191 | -€14,261 | €0 | ▲ 100% |
| Change in cash | - | €1,472 | -€8,212 | €5,274 | €2,540 | ▼ 51.8% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €5,027
Net result €5,027 after 2 loss-making years.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 184 days late
2021
31-12
Financial
Weakest financial yearnet -€24,919
Net result drops to -€24,919, the lowest in the series; recovery starts the following year.
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Brussel · 1 establishment unit since 1989
Ground area
1,021 m²
Building footprint
314 m²
Volume, LiDAR
2,735 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AUBERGE DE STROMBEEK
since 19892.044.935.786
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050G0269/00E004 | Flanders | 870 m² | 1 · 165 m² | 6.9 m · 2 fl. |
| 21802B0313/00G000 | Brussels | 151 m² | 1 · 149 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,393 companies in sector 55100 we hold annual accounts for 1,517. 926 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
Founded13-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436023116
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.