Financials
- Financial year
- 2025
- Turnover
- €18.5m
- Profit
- €284,454
- Solvency
- 26.1%
Turnover▲ 0.9%
Net result
20182025
Smeyers
ActiveSummary
Smeyers has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €284,454. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 30% of 378 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Construction of roads and motorways
NACE 42110Site preparation NACE 43120
3rd largest company by total assets in Stabroek, Construction sector4 sites
Size
€18.5mturnover 2025
- Staff
- 62 FTE
- Equity
- €2.9m
- Profit
- €284,454
Structure
- Parent
- AERTSSEN GROUP · 100%
Auditor: HLB Dodémont - Van Impe & C°2025 accounts 25 days early5 of 12 deeds summarised
Why 81raises riskLiquidity: current ratio 0.99, cash €427,659Size: turnover €18.5m, 62 FTE, total assets €11.1mSector: Civil engineering (NACE 42)lowers riskFounded in 1989Show the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 42, medium-sized)
Financial strength · tick = 2024
Average
Solvency
51-3
equity 26.1% of total assets
Liquidity
26+6
short-term debt 55.6% · cash 3.8%
Profitability
73-1
return on assets 2.6%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● unchanged vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.2 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.9%● unchanged vs 07-2025highest value
09-2025: 0.9%● unchanged vs 08-2025highest value
10-2025: 0.9%● unchanged vs 09-2025highest value
11-2025: 0.9%● unchanged vs 10-2025highest value
12-2025: 0.9%● unchanged vs 11-2025highest value
01-2026: 0.9%● unchanged vs 12-2025highest value
02-2026: 0.5%▼ -0.4 percentage points vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 0.97 in 2024, below 1; short-term debt: 55.6% and cash: 3.8% of total assets), and 73.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, medium-sized): better than 36% on solvency, 28% on liquidity, 61% on profitability and 47% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
42 days early
2023
36 days early
2022
32 days early
2021
33 days early
2020
37 days early
2019
25 days 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 33 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Resignations & appointmentsPower of attorney
Key points
- Positive: 3rd largest company by total assets in Stabroek, Construction sectorin the Checked rankings No. 3 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by AERTSSEN GROUP 100% View
- Flemish supportawarded from 2023 to 2025 €80,100 View
By topic
Board & ownership
- Parent
- AERTSSEN GROUP · 100%
- Auditor
- HLB Dodémont - Van…
Timeline
- Events
- 45
- Since
- 1991
- Next accounts
- by 31-07-2027
- 04-09-2024Amendment of the articles · Name
- 25-06-2024Annual accounts filed
- 23-01-2024Registered office · Capital & shares ·…
Company details
- Sites
- 4
- Legal form
- Public limited company
- Activity
- Construction of roads and motorwaysNACE 42110
- Founded
- 29-06-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 15
- Purpose
- “Het aannemen van werken voor het verlagen van de grondwaterstand zowel tijdelijk als…” (deed in Dutch)
Key facts about Smeyers
- What is the company number of Smeyers?
- 0437.838.105. In Belgium the VAT number is the company number with BE in front: BE 0437.838.105.
- Where is Smeyers based?
- The registered office is at Laageind 91, 2940 Stabroek.Company details
- What does Smeyers do?
- According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
- What is the legal form of Smeyers?
- Public limited company (NV).
- When was Smeyers founded?
- On 29-06-1989.
- Is Smeyers still active?
- Yes, Smeyers is an active enterprise in the KBO register.
- How many employees does Smeyers have?
- On average 62 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Smeyers?
- €18.5m in financial year 2025, according to the filed annual accounts.
- Is Smeyers profitable?
- In financial year 2025, Smeyers made a profit of €284,454.
- Where can I find the annual accounts of Smeyers?
- Smeyers filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Smeyers due?
- By 31-07-2027, for financial year 2026.Timeline
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