Smets Houtbedrijf
ActiveSummary
The computed 12-month bankruptcy probability of Smets Houtbedrijf is 1.7% (moderate). The 2025 annual accounts show equity of €981,215 and a net result of -€641,161. Equity has been stable since 2018 (±0.8% per year). Its solvency ranks better than 37% of 2,445 sector peers (NACE 43, financial year 2025). The company has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 01-01-1972 Normal situation
- Activity
- Joinery installation NACE 43320and 1 other
- Establishment unit
- 2.007.067.580 9870 Zulte, since 01-01-1972
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- BIANSA INVEST BVDirector
- Desmet BiekeDirector
- Auditor
- VRC BEDRIJFSREVISOREN BV
- BIANSA INVEST50.02%· score 65annual accounts 2025
- Desmet Bieke49.98%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Turnover
- €5.4m
- ▼ 21.6%
- Loss
- €641,161
- ▲ 180%
- Equity
- €981,215
- ▼ 39.5%
- Total assets
- €3.0m
- ▼ 28.7%
- Employees on 31-12-2025
- 44
- ▼ 2.2%
Score breakdownraises riskLoss of €641,161, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.46, cash €214,410Size: turnover €5.4m, 41.8 FTE, total assets €3.0mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 43% of them on solvency, 45% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from -€228,797 to -€641,161 ▼ 180% View
- Caution: Lower net result than 95% of companies in specialised constructionsector median €42,866 · 2,446 companies -€641,161 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€641,161 View
Recent changes
- · Gazette deed Reappointment: BV VRC Bedrijfsrevisoren (statutory auditor)
- · Gazette deed Registered office moved within ZultePermanent representative: Martin Dheedene
- · Gazette deed Reappointment: Bart ROOBROUCK (statutory auditor)
Comparable companies
These companies have the same main activity as Smets Houtbedrijf: joinery installation (NACE 43320). They are comparable in size and age: total assets between €4.5m and €6.2m, founded between 1971 and 1990.
| Company | Total assets | Turnover |
|---|---|---|
| Smets Houtbedrijf Zulte | €3.0m | €5.4m |
| RAMACO Eeklo | €4.9m | €10.1m |
| Vrebos Systems Overijse | €4.5m | €12.1m |
| Chassis Norma Namur | €5.5m | €7.2m |
| PAUWELS Ninove | €6.2m | €5.4m |
| VERANCO Sint-Niklaas | €4.9m | €11.2m |
| NOVO INTERIEUR & BOUW Merelbeke-Melle | €5.4m | €13.2m |
Key facts about Smets Houtbedrijf
- What is the company number of Smets Houtbedrijf?
- The company number of Smets Houtbedrijf is 0411.961.473. The VAT number is the same number with BE in front: BE 0411.961.473.
- Where is Smets Houtbedrijf based?
- The registered office is at Karreweg 54, 9870 Zulte.Company details
- What does Smets Houtbedrijf do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Smets Houtbedrijf?
- The legal form of Smets Houtbedrijf is Public limited company (NV).
- When was Smets Houtbedrijf founded?
- Smets Houtbedrijf was founded on 01-01-1972.
- Is Smets Houtbedrijf still active?
- Yes, Smets Houtbedrijf is an active enterprise in the KBO register.
- How many employees does Smets Houtbedrijf have?
- Smets Houtbedrijf had an average of 41.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Smets Houtbedrijf?
- The turnover of Smets Houtbedrijf was €5.4m in financial year 2025, according to the filed annual accounts.
- Is Smets Houtbedrijf profitable?
- In financial year 2025, Smets Houtbedrijf made a loss of €641,161.
- Where can I find the annual accounts of Smets Houtbedrijf?
- Smets Houtbedrijf filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Smets Houtbedrijf due?
- Smets Houtbedrijf must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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