SMETS-IT
ActiveSummary
SMETS-IT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,432 and a net result of €51,773. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency30▼-70
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.6%
Return on assets
32.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 17213 sector peers (2025).
NBB · sector comparisonPosition among 17213 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
99 d early
2024
38 d early
2023
27 d early
2022
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€7,432▼ 92.2%
2024 · €95,659
Total assets
€160,924▲ 49.4%
2024 · €107,711
Net result
€51,773▲ 12.6%
2024 · €45,972
Working capital
€3,030▼ 96.6%
2024 · €89,119
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line2022202320242025
Operating result€23,596-€33,466▲ 41.8%€57,892▲ 73.0%€65,358▲ 12.9%
Net result€18,494within the sector's middle half-€26,193within the sector's middle half▲ 41.6%€45,972within the sector's middle half▲ 75.5%€51,773within the sector's middle half▲ 12.6%
Equity€23,494below the sector's middle half-€49,687within the sector's middle half▲ 111%€95,659within the sector's middle half▲ 92.5%€7,432below the sector's middle half▼ 92.2%
Total assets€36,941below the sector's middle half-€59,472below the sector's middle half▲ 61.0%€107,711within the sector's middle half▲ 81.1%€160,924within the sector's middle half▲ 49.4%
Debt€13,446-€9,785▼ 27.2%€12,052▲ 23.2%€153,492▲ 1,174%
Working capital€15,686within the sector's middle half-€46,465within the sector's middle half▲ 196%€89,119within the sector's middle half▲ 91.8%€3,030below the sector's middle half▼ 96.6%
Solvency63.6%within the sector's middle half-83.5%above the sector's middle half▲ 19.9pp88.8%above the sector's middle half▲ 5.3pp4.6%below the sector's middle half▼ 84.2pp
Current ratio2.17within the sector's middle half-5.75above the sector's middle half▲ 3.588.59above the sector's middle half▲ 2.841.02below the sector's middle half▼ 7.57
Return on assets (ROA)50.1%above the sector's middle half-44.0%above the sector's middle half▼ 6.0pp42.7%above the sector's middle half▼ 1.4pp32.2%within the sector's middle half▼ 10.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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 has risen three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160,924
Fixed assets
€4,402 ▼ 35.8%
Current assets
€156,523 ▲ 55.2%
Equity and liabilities €160,924
Equity
€7,432 ▼ 92.2%
Debt
€153,492 ▲ 1,174%
Debt's share of the balance-sheet total rises from 11.2% to 95.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€67,813▲
2024 · €59,564
Cash flow
€54,228▲
2024 · €47,644
Debt to equity
20.65▲
2024 · 0.13
ROE
696.6%▲
2024 · 48.1%
Interest coverage
1224.07▲
2024 · 1102.02
Debt ≤ 1 year
€153,492▲
2024 · €11,736
Income taxes
€13,530▲
2024 · €11,867
Staff costs
€1,594▲
2024 · €1,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,155 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €622 | €1,466 | €1,577 | €1,594 | ▲ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €710 | €480 | €1,672 | €2,455 | ▲ 46.8% |
| Other operating charges640/8 | €287 | €109 | €341 | €771 | ▲ 126% |
| Non-recurring operating charges66A | - | €2,816 | - | - | - |
| Gross operating margin9900 | €25,215 | €38,337 | €61,482 | €70,178 | ▲ 14.1% |
| Operating profit (loss)9901 | €23,596 | €33,466 | €57,892 | €65,358 | ▲ 12.9% |
| Financial charges65/66B | €148 | €159 | €54 | €55 | ▲ 2.5% |
| Recurring financial charges65 | €148 | €159 | €54 | €55 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €23,448 | €33,306 | €57,838 | €65,303 | ▲ 12.9% |
| Income taxes67/77 | €4,954 | €7,113 | €11,867 | €13,530 | ▲ 14.0% |
| Profit (loss) for the period9904 | €18,494 | €26,193 | €45,972 | €51,773 | ▲ 12.6% |
| Profit (loss) for the period to be appropriated9905 | €18,494 | €26,193 | €45,972 | €51,773 | ▲ 12.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €36,941 | €59,472 | €107,711 | €160,924 | ▲ 49.4% |
| Fixed assets21/28 | €7,809 | €3,223 | €6,856 | €4,402 | ▼ 35.8% |
| Tangible fixed assets22/27 | €7,809 | €3,223 | €6,581 | €4,127 | ▼ 37.3% |
| Plant, machinery and equipment23 | €613 | €3,223 | €1,970 | €773 | ▼ 60.8% |
| Furniture and vehicles24 | €7,196 | - | €4,612 | €3,354 | ▼ 27.3% |
| Financial fixed assets28 | - | - | €275 | €275 | = |
| Current assets29/58 | €29,132 | €56,250 | €100,855 | €156,523 | ▲ 55.2% |
| Amounts receivable within one year40/41 | €11,998 | €13,327 | €9,878 | €16,192 | ▲ 63.9% |
| Trade receivables40 | €11,752 | €13,141 | €9,329 | €15,173 | ▲ 62.6% |
| Other amounts receivable41 | €246 | €187 | €549 | €1,019 | ▲ 85.6% |
| Cash at bank and in hand54/58 | €16,478 | €40,546 | €87,938 | €137,745 | ▲ 56.6% |
| Deferred charges and accrued income490/1 | €656 | €2,377 | €3,039 | €2,585 | ▼ 14.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €36,941 | €59,472 | €107,711 | €160,924 | ▲ 49.4% |
| Equity10/15 | €23,494 | €49,687 | €95,659 | €7,432 | ▼ 92.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €18,494 | €44,687 | €90,659 | €2,432 | ▼ 97.3% |
| Distributable reserves133 | €18,494 | €44,687 | €90,659 | €2,432 | ▼ 97.3% |
| Amounts payable17/49 | €13,446 | €9,785 | €12,052 | €153,492 | ▲ 1,174% |
| Amounts payable within one year42/48 | €13,446 | €9,785 | €11,736 | €153,492 | ▲ 1,208% |
| Trade debts44 | €125 | €758 | €947 | €919 | ▼ 3.0% |
| Suppliers440/4 | €125 | €758 | €947 | €919 | ▼ 3.0% |
| Taxes, remuneration and social security45 | €9,725 | €6,230 | €5,537 | €10,998 | ▲ 98.6% |
| Taxes450/3 | €9,725 | €6,230 | €5,537 | €10,998 | ▲ 98.6% |
| Other amounts payable47/48 | €3,597 | €2,797 | €5,252 | €141,575 | ▲ 2,596% |
| Accrued charges and deferred income492/3 | - | - | €316 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,494 | €26,193 | €45,972 | €51,773 | ▲ 12.6% |
| + Depreciation and write-downs630 | €710 | €480 | €1,672 | €2,455 | ▲ 46.8% |
| Operating cash flow (approximation) | €19,204 | €26,674 | €47,644 | €54,228 | ▲ 13.8% |
| Investment in fixed assets (approximation) | - | €4,106 | -€5,306 | €0 | ▲ 100% |
| Change in cash | - | €24,067 | €47,392 | €49,807 | ▲ 5.1% |
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
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €51,773 ▲12.6%
Operating result €65,358, net result €51,773, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 5.75
Current ratio from 2.17 to 5.75; short-term debt falls from €13,446 to €9,785.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Merelbeke · 1 establishment unit since 2022
Ground area
267 m²
Building footprint
220 m²
Volume, LiDAR
1,463 m³
Parcel 44412B0308/00C004, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Smets-IT
since 20222.333.300.851
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0308/00C004 | Flanders | 267 m² | 1 · 220 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 3,758 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
Founded15-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788633754
Also
9925:BE0788633754
Registered
13-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.