Financials
- Fiscal year
- 2024
- Total assets
- €346
- Loss
- -€102
- Solvency
- -49875.2%
Total assets▼ 10.8%
Net result
20182024
SMETS RAYMOND
ActiveSummary
SMETS RAYMOND has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€172,424) and a net result of -€102. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 2552 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Driving schools for cars and motorcycles
NACE 85531NACE 80411
1 site
Size
€346total assets 2024
- Equity
- -€172,424
- Loss
- -€102
Turnover not published (abridged schema)
Structure
Accounts 67 d overdue0 of 2 deeds read
Why 54Capped at 59: negative equity- Negative equity -€172,424+ Sector Education (NACE 85)+ Size: total assets €346+ Liquidity: current ratio 0.00, cash €346Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 21% of its sector peers (NACE 85, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
0=
equity -49875.2% of total assets
Liquidity
50+2
short-term debt 49975.2% · cash 100.0%
Profitability
0=
return on assets -29.5%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%● 0.0% vs 12-2024
02-2025: 0.4%● 0.0% vs 01-2025
03-2025: 0.4%● 0.0% vs 02-2025
04-2025: 0.4%● 0.0% vs 03-2025
05-2025: 0.3%▼ -10.9% vs 04-2025
06-2025: 0.3%▼ -0.3% vs 05-2025
07-2025: 0.4%▲ +25.5% vs 06-2025
08-2025: 0.5%▲ +25.4% vs 07-2025highest value
09-2025: 0.2%▼ -55.5% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%● 0.0% vs 01-2026
03-2026: 0.2%▲ +2.6% vs 02-2026
04-2026: 0.2%▼ -1.3% vs 03-2026
05-2026: 0.2%▼ -4.7% vs 04-2026
06-2026: 0.2%▼ -5.8% vs 05-2026lowest value
07-2026: 0.3%▲ +19.3% vs 06-2026
08-2026: 0.3%▲ +34.4% vs 07-2026
09-2026: 0.3%▲ +1.5% vs 08-2026
10-2026: 0.4%▲ +3.2% vs 09-2026
- Sector Education (NACE 85) lowers the probability
- Size: total assets €346 lowers the probability for this profile
- Negative equity -€172,424 raises the probability
- Liquidity: current ratio 0.00, cash €346 lowers the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 85, micro). Better than this share of them on solvency 6%, liquidity 32%, profitability 6%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€172,424
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
34 d early
2022
6 d early
2021
32 d early
2020
61 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 29-08-2025Annual accounts filed
- 27-06-2024Annual accounts filed
- 25-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Driving schools for cars and motorcyclesNACE 85531
- Founded
- 11-02-1993
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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