SMG LUXE AUTO
The computed 12-month bankruptcy probability of SMG LUXE AUTO is 8.7% (elevated). The 2023 annual accounts show equity of €25k and a net result of €-29. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 1842 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €25k |
| Net result | €-29 |
| Better than sector | 54% |
| Active | 6 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.8% | 28.4% | |
| Net result | €-29 | €4k | |
| Equity | €25k | €16k | |
| Gross operating margin | €14k | €25k | |
| Total assets | €79k | €65k |
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €14k |
| Net profit | €-29 |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €79k |
| Equity | €25k |
| Debt | €54k |
| of which ≤ 1y | €28k |
| of which > 1y | €26k |
| Working capital | €-11k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.59 |
| Quick ratio | 0.59 |
| Working capital ratio | -14.4% |
| Solvency | 31.8% |
| Debt / equity | 2.14 |
| Long-term debt ratio | 1.03 |
| Interest coverage | 392.81 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | -0.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €79k |
| Fixed assets | 21/28 | €63k |
| Tangible fixed assets | 22/27 | €63k |
| Current assets | 29/58 | €17k |
| Amounts receivable within one year | 40/41 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €79k |
| Equity | 10/15 | €25k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €3k |
| Amounts payable | 17/49 | €54k |
| Amounts payable after one year | 17 | €26k |
| Amounts payable within one year | 42/48 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €6 |
| Financial charges | 65 | €35 |
| Result before taxes | 9903 | €-29 |
| Net result for the period | 9904 | €-29 |
| Result to be appropriated | 9905 | €-29 |
-
MUGABO ALEXISDirectorState Gazette act 23060715 (08-05-2023)Current08-05-2023 → present
2 events
- 08-05-2023 Appointed· Director
- 08-05-2023 Appointed· Director (executive)
Former directors (1)
-
SANO MURINDAHABI GADDirectorState Gazette act 25094266 (24-07-2025)Former- → 24-07-2025
2 events
- 24-07-2025 Resigned· Director
- 08-05-2023 Resigned· Director (executive)
| NACE primary | Personenvervoer over de weg zonder dienstregeling(49320) |
| Legal form | Private limited company(610) |
| Incorporation | 20-02-2020 |
| Status | Active |
| Postal code | 1060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 fl. |
| 21010B0016/00B007 | Brussels | 214 m² | 1 · 151 m² | 15.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-07-2025 SANO MURINDAHABI Gad resigns as director
- SANO MURINDAHABI Gad, Bestuurder
Technical details
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}08-05-2023 All shares are now held by a single shareholder
Technical details
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}| Legal nameNL | SMG LUXE AUTO |