SMETS & C°

Active

Private limited companyfounded 1995active for 30 yearsMechelsestraat 23, 3080 Tervuren, BelgiumKBO/BCE: BE 0456.614.137

Summary

SMETS & C° has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €928,840 and a net result of €61,586. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 94% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

SMETS & C°ActiveChecked score 96/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222

3rd oldest company in Tervuren, Construction sector1 site

Size

≈ €950,000turnover 2025, estimated

Staff: 3.3 FTE
Equity: €928,840
Profit: €61,586

Turnover estimated from the gross margin

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 4 members

2025 accounts 59 days early2 of 4 deeds summarised

Why 96raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 5.13, cash €216,121Equity €928,840 (88.8% of total assets)Founded in 1995Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 67% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 88.8% of total assets

Liquidity 76+12

short-term debt 9.4% · cash 20.7%

Profitability 76+2

return on assets 5.9%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.13, compared with 2.42 in 2024, above the usual 1.5; short-term debt: 9.4% and cash: 20.7% of total assets), and 11.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 74% on liquidity, 51% on profitability and 50% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 5.13, cash €216,121

NBB · annual accounts

Equity €928,840 (88.8% of total assets)

NBB · annual accounts

Founded in 1995

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-12-2025, 59 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

59 days early

2024

45 days early

2023

45 days early

2022

46 days early

2021

47 days early

2020

33 days early

2019

43 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 45 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end28-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

03-12-2025 Annual accounts filedfinancial year 2025 · abbreviated…
30-06-2025 Liquidity more than doubledcurrent ratio 5.13
31-03-2025 Appointments: Ria TRESIGNIE, Kevin SMETS and…Gazette deed

Key points

Positive: Among the best 7% on solvencysector median 44.0% · 9,816 companies 88.8% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 7 profitable years in a rowprofit 2025: €61,586 7 years View

By topic

Financials

Financial year: 2025
Total assets: €1.0m
Profit: €61,586
Solvency: 88.8%

Total assets▼ 6.2%

Net result

20192025

Go to Financials

Board & ownership

Board: 4 members

SMETS Benny Marcel JeanneDirector
Kevin SMETSDirector
Ria TRESIGNIEDirector
Tom SMETSDirector

Go to Board & ownership

Timeline

Events: 34
Since: 1998
Next accounts: by 31-01-2027

17-12-2024Annual accounts filed
30-06-2024Weakest financial year
24-06-2024Appointment: SMETS Benny Marcel Jeanne (statutory director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 13-12-1995
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Who signs: Each director alone
Purpose: “Het uitvoeren en/of coördineren van algemene aannemingen,het bouwen en verbouwen,het…” (deed in Dutch)

Go to Articles of association

Key facts about SMETS & C°

What is the company number of SMETS & C°?: 0456.614.137. In Belgium the VAT number is the company number with BE in front: BE 0456.614.137.
Where is SMETS & C° based?: The registered office is at Mechelsestraat 23, 3080 Tervuren.Company details
What does SMETS & C° do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of SMETS & C°?: Private limited company (BV).
When was SMETS & C° founded?: On 13-12-1995.
Is SMETS & C° still active?: Yes, SMETS & C° is an active enterprise in the KBO register.
How many employees does SMETS & C° have?: On average 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SMETS & C°?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SMETS & C° profitable?: In financial year 2025, SMETS & C° made a profit of €61,586.
Where can I find the annual accounts of SMETS & C°?: SMETS & C° filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SMETS & C° due?: By 31-01-2027, for financial year 2026.Timeline