Equity
-€215,034
Debts exceed assets in financial year 2025.
SMETS
Lifetime
20 annual accounts with figures on one time axis, 45 filings since 1979peak €46,601 (2018)
€28,473▼ 17.3%
lowest -€13,400 (2006)
€4,379▼ 50.1%
peak -€215,034 (2025)
-€215,034▲ €4,379
€721,408▼ 0.4%
Board2 names since 1979
2 directors and 1 other
Documentsfilings and deeds
30-05-202662 days before the deadline
2025micro format
Gross margin from €34,414 to €28,473Result from €8,774 to €4,379Cash from €557 to €9,515
Key points
from the 2025 annual accountsProfit
9 years
9 profitable years in a row. Profit 2025: €4,379.
Turnover
≈ €250,000 estimated
The micro format states no turnover.
Debts
€721,408 142% of the balance sheet
Financial debts 54%Suppliers 0%Taxes and wages 1%Other 45%
Of this, €329,751 falls due within a year.
Filings
45 annual accounts since 1979
Five of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
Position in the sector
-€215,034
Less equity than 95% of companies in wholesale trade. Sector median €58,174 · 15,461 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 519 companies had the same profile as SMETS has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 519 companies, not a prediction for SMETS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419095428
2 managers resigning, 2 directors reappointed
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 18-12-2023 · Gazette deed
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Tongeren-Borgloon
Purpose change
“Adviesbureau op het gebied van bedrijfsbeheer (Nacebelcode 70.100); Adviesbureau op het gebied van…” (deed in Dutch) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SMETS Tongeren-Borgloon | €506,374 | €28,473 | -42.5% | - |
| NIMMAS Jabbeke | €626,789 | €45,133 | 90.7% | - |
| NIEUWPOORTSE VLEESHALLE Nieuwpoort | €582,665 | €17,912 | 43.0% | - |
| Dialex Invest Lievegem | €305,869 | €50,000 | 40.9% | - |
| Levano Fils Anderlecht | €315,259 | €55,215 | 64.0% | - |
| JOS KRIECKEMANS-VERSTREPEN Geel | €325,125 | €14,712 | 36.8% | - |
| Cousin Wevelgem | €321,521 | €15,964 | 53.4% | - |
These companies have the same main activity as SMETS: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €306,000 and €627,000, founded between 1970 and 1989.
Official details
Source: KBO- Status
- Active since 29-01-1979Normal situation
- Activity
- Wholesale of meat and meat products, excluding game and poultryNACE 46321
- Establishment unit
- 2.039.577.6263840 Tongeren-Borgloon, since 01-02-1979
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €506,374▲ 0.2%
- Filing
- Filed on 30-05-2026, 62 days before the end of the filing period
Insights on SMETS
SMETS files the micro format. That format states no turnover. The gross margin rose from -€4,640 in 2006 to €28,473 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SMETS
- What is the company number of SMETS?
- The company number of SMETS is 0419.095.428. The VAT number is the same number with BE in front: BE 0419.095.428.
- Where is SMETS based?
- The registered office is at Dionysius van Leeuwenstraat 4, 3840 Tongeren-Borgloon.Company details
- What does SMETS do?
- According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
- What is the legal form of SMETS?
- SMETS is a private limited company (BV).
- When was SMETS founded?
- SMETS was founded on 29-01-1979.
- Is SMETS still active?
- Yes, SMETS is an active enterprise in the KBO register.
- What is the turnover of SMETS?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €28,473 and 34 comparable companies (NACE 463). It probably lies between €110,000 and €480,000.Financials
- Is SMETS profitable?
- In financial year 2025, SMETS made a profit of €4,379.
- Where can I find the annual accounts of SMETS?
- SMETS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SMETS due?
- SMETS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.