Smets Tom
ActiveSummary
Smets Tom has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.9m and a net result of €95,719. Equity is growing by ~13.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 14.14 against 16.13 in 2023; short-term debt: 2.4% and cash: 6.5% of total assets), and 2.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
97.6%
Return on assets
4.9%
Age of the figures
21 mo
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
65 d early
2023
57 d late
2022
41 d early
2021
52 d early
2020
32 d early
2019
43 d 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 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 16 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Equity
€1.9m▲ 194%
2023 · €648,534
Total assets
€2.0m▲ 186%
2023 · €682,816
Net result
€95,719▲ 3.8%
2023 · €92,179
Working capital
€607,390▲ 17.1%
2023 · €518,534
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€105,690▼ 17.8%€103,969▼ 1.6%€114,791▲ 10.4%€127,380▲ 11.0%€131,664▲ 3.4%
Net result€77,298within the sector's middle half▼ 14.3%€76,607within the sector's middle half▼ 0.9%€85,246within the sector's middle half▲ 11.3%€92,179within the sector's middle half▲ 8.1%€95,719within the sector's middle half▲ 3.8%
Equity€514,917within the sector's middle half▲ 17.7%€591,524within the sector's middle half▲ 14.9%€556,355within the sector's middle half▼ 5.9%€648,534within the sector's middle half▲ 16.6%€1.9mabove the sector's middle half▲ 194%
Total assets€541,746within the sector's middle half▲ 8.5%€616,329within the sector's middle half▲ 13.8%€587,291within the sector's middle half▼ 4.7%€682,816within the sector's middle half▲ 16.3%€2.0mwithin the sector's middle half▲ 186%
Debt€26,829▼ 56.4%€24,805▼ 7.5%€30,937▲ 24.7%€34,282▲ 10.8%€46,230▲ 34.9%
Working capital€384,917within the sector's middle half▲ 25.2%€461,524within the sector's middle half▲ 19.9%€426,355within the sector's middle half▼ 7.6%€518,534within the sector's middle half▲ 21.6%€607,390above the sector's middle half▲ 17.1%
Solvency95.0%above the sector's middle half▲ 7.4pp96.0%above the sector's middle half▲ 0.9pp94.7%above the sector's middle half▼ 1.2pp95.0%above the sector's middle half▲ 0.2pp97.6%above the sector's middle half▲ 2.7pp
Current ratio15.35above the sector's middle half▲ 9.3519.61above the sector's middle half▲ 4.2614.78above the sector's middle half▼ 4.8216.13above the sector's middle half▲ 1.3414.14above the sector's middle half▼ 1.99
Return on assets (ROA)14.3%above the sector's middle half▼ 3.8pp12.4%above the sector's middle half▼ 1.8pp14.5%above the sector's middle half▲ 2.1pp13.5%above the sector's middle half▼ 1.0pp4.9%within the sector's middle half▼ 8.6pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.3m ▲ 901%
Current assets
€653,620 ▲ 18.2%
Equity and liabilities €2.0m
Equity
€1.9m ▲ 194%
Debt
€46,230 ▲ 34.9%
Debt's share of the balance-sheet total falls from 5.0% to 2.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131,688
Cash flow
€95,743
Debt to equity
0.02▼
2023 · 0.05
ROE
5.0%▼
2023 · 14.2%
Interest coverage
70.39
Debt ≤ 1 year
€46,230▲
2023 · €34,282
Income taxes
€45,024▲
2023 · €36,720
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €250 | - | - | - | €24 | - |
| Other operating charges640/8 | - | €1,101 | €642 | €808 | €564 | ▼ 30.2% |
| Gross operating margin9900 | €106,655 | €105,069 | €115,433 | €128,188 | €132,252 | ▲ 3.2% |
| Operating profit (loss)9901 | €105,690 | €103,969 | €114,791 | €127,380 | €131,664 | ▲ 3.4% |
| Financial income75/76B | - | €3,612 | €3,612 | €3,169 | €10,950 | ▲ 246% |
| Recurring financial income75 | €2,632 | €3,612 | €3,612 | €3,169 | €10,950 | ▲ 246% |
| Financial charges65/66B | - | €585 | €1,142 | €1,650 | €1,871 | ▲ 13.4% |
| Recurring financial charges65 | €388 | €585 | €1,142 | €1,650 | €1,871 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €107,934 | €106,995 | €117,262 | €128,900 | €140,743 | ▲ 9.2% |
| Income taxes67/77 | €30,636 | €30,388 | €32,016 | €36,720 | €45,024 | ▲ 22.6% |
| Profit (loss) for the period9904 | €77,298 | €76,607 | €85,246 | €92,179 | €95,719 | ▲ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €77,298 | €76,607 | €85,246 | €92,179 | €95,719 | ▲ 3.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €541,746 | €616,329 | €587,291 | €682,816 | €2.0m | ▲ 186% |
| Fixed assets21/28 | €130,000 | €130,000 | €130,000 | €130,000 | €1.3m | ▲ 901% |
| Tangible fixed assets22/27 | - | - | - | - | €987 | - |
| Furniture and vehicles24 | - | - | - | - | €987 | - |
| Financial fixed assets28 | €130,000 | €130,000 | €130,000 | €130,000 | €1.3m | ▲ 900% |
| Current assets29/58 | €411,746 | €486,329 | €457,291 | €552,816 | €653,620 | ▲ 18.2% |
| Amounts receivable after more than one year29 | - | €215,000 | €140,000 | €407,000 | €345,333 | ▼ 15.2% |
| Other amounts receivable291 | - | €215,000 | €140,000 | €407,000 | €345,333 | ▼ 15.2% |
| Amounts receivable within one year40/41 | €17,235 | €17,288 | €18,272 | €34,742 | €181,755 | ▲ 423% |
| Trade receivables40 | - | €17,288 | €18,272 | €19,742 | €20,088 | ▲ 1.8% |
| Other amounts receivable41 | - | - | - | €15,000 | €161,667 | ▲ 978% |
| Cash at bank and in hand54/58 | €179,510 | €254,042 | €299,019 | €111,073 | €126,532 | ▲ 13.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €541,746 | €616,329 | €587,291 | €682,816 | €2.0m | ▲ 186% |
| Equity10/15 | €514,917 | €591,524 | €556,355 | €648,534 | €1.9m | ▲ 194% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €461,527 | €538,134 | €502,965 | €595,144 | €698,684 | ▲ 17.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €536,274 | €501,105 | €595,144 | €698,684 | ▲ 17.4% |
| Profit (loss) carried forward14 | €40,990 | €40,990 | €40,990 | €40,990 | €1.2m | ▲ 2,821% |
| Amounts payable17/49 | €26,829 | €24,805 | €30,937 | €34,282 | €46,230 | ▲ 34.9% |
| Amounts payable within one year42/48 | €26,829 | €24,805 | €30,937 | €34,282 | €46,230 | ▲ 34.9% |
| Trade debts44 | - | €477 | €868 | €809 | €1,143 | ▲ 41.2% |
| Suppliers440/4 | - | €477 | €868 | €809 | €1,143 | ▲ 41.2% |
| Taxes, remuneration and social security45 | - | €14,008 | €18,520 | €20,114 | €29,637 | ▲ 47.3% |
| Taxes450/3 | - | €14,008 | €15,475 | €16,999 | €26,476 | ▲ 55.7% |
| Remuneration and social security454/9 | - | - | €3,045 | €3,115 | €3,161 | ▲ 1.5% |
| Other amounts payable47/48 | - | €10,321 | €11,549 | €13,358 | €15,451 | ▲ 15.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77,298 | €76,607 | €85,246 | €92,179 | €95,719 | ▲ 3.8% |
| + Depreciation and write-downs630 | €250 | - | - | - | €24 | - |
| Operating cash flow (approximation) | €77,548 | €76,607 | €85,246 | €92,179 | €95,743 | ▲ 3.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1.2m | - |
| Change in cash | - | €74,532 | €44,977 | -€187,945 | €15,458 | ▲ 108% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €95,719 ▲3.8%
Operating result €131,664, net result €95,719, both a record.
31-12
Financial
Equity above €1mEq €1.9m ▲194%
7 profitable years in a row build equity to €1.9m.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €76,607 ▼0.9%
Net result drops to €76,607, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 15.35
Current ratio from 6.00 to 15.35; short-term debt falls from €61,524 to €26,829.
31-12
Financial
Equity above €500,000Eq €514,917 ▲17.7%
3 profitable years in a row build equity to €514,917.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Westerlo · 1 establishment unit since 2008
Ground area
606 m²
Building footprint
154 m²
Volume, LiDAR
922 m³
Parcel 13039B0044/00H000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Smets Tom
since 20082.167.611.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13039B0044/00H000 | Flanders | 606 m² | 1 · 153 m² | 9.5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
7.5%
According to the 2024 annual accounts of Smets Tom and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded03-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
33140Repair and maintenance of electrical equipment
01610Support activities for crop production
25110Manufacture of metal structures and parts of structures
25530Machining of metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894626842
Also
9925:BE0894626842
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.