Investments
€506 8.6 × depreciation
Green is investment, beige is depreciation.
Smets Constructions
Lifetime
7 annual accounts with figures on one time axispeak €9,746 (2023)
-€1,893▼ €3,508
lowest -€12,278 (2019)
-€2,263▼ €3,402
peak €7,130 (2024)
€4,867▼ 31.7%
€916▲ 88.9%
Board1 name since 2018
1 director
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €1,615 to -€1,893Loss of €2,263Equity from €7,130 to €4,867Debts from €485 to €916Cash from €1,339 to €528
Key points
from the 2025 annual accountsFilings
7 annual accounts 3 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
€4,867
Less equity than 83% of companies in construction of buildings. Sector median €45,749 · 10,174 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,601 companies had the same profile as Smets Constructions has now. Each dot stands for 10 companies, two years later.
87.1%
were still trading
9.7%
stopped another way
2.9%
went bankrupt
Another 0.2% 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 3,601 companies, not a prediction for Smets Constructions. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0695605707
Incorporation
Founding capital of €18,600, 186 shares, €12,400 paid up · Founder: · Appointment: (manager) · published on 14-05-2018 · Gazette deed
First establishment
Jan Stasstraat 7, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Smets Constructions Leuven | €5,783 | -€1,893 | 84.2% | - |
| ARC EN CIEL RENOVATION Sint-Gillis (bij-Brussel) | €6,909 | -€40,835 | -66.5% | - |
| Prestige Construction Andenne | €5,607 | -€23,626 | -1115.8% | - |
| ENTREPRISE CONSTRUCTION YVES SCHIETTECATTE Tournai | €6,732 | -€1,952 | -383.1% | - |
| Speed Building System Belgium Leuven | €6,627 | -€1,930 | -5392.9% | - |
| Niels Renovatie Bertem | €7,517 | €0 | 100.0% | - |
| FORMWORK BELGIAN Zaventem | €4,789 | -€17,063 | -1492.8% | - |
These companies have the same main activity as Smets Constructions: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €4,790 and €7,520, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 02-05-2018Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.275.959.7953000 Leuven, since 02-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-04-2026
Annual accounts 2025
- €5,783▼ 24.1%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Smets Constructions
Smets Constructions files the micro format. That format states no turnover. The gross margin rose from -€9,503 in 2019 to -€1,893 in 2025.
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 Constructions
- What is the company number of Smets Constructions?
- The company number of Smets Constructions is 0695.605.707. The VAT number is the same number with BE in front: BE 0695.605.707.
- Where is Smets Constructions based?
- The registered office is at Jan Stasstraat 7, 3000 Leuven.Company details
- What does Smets Constructions do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Smets Constructions?
- Smets Constructions is a private limited company (pre-2019) (BVBA).
- When was Smets Constructions founded?
- Smets Constructions was founded on 02-05-2018.
- Is Smets Constructions still active?
- Yes, Smets Constructions is an active enterprise in the KBO register.
- What is the turnover of Smets Constructions?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Smets Constructions profitable?
- In financial year 2025, Smets Constructions made a loss of €2,263.
- Where can I find the annual accounts of Smets Constructions?
- Smets Constructions filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Smets Constructions due?
- Smets Constructions 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 trust this company with building work.Contractor check 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
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