Skip to content

SMGROUP

Active
Private limited companyfounded 20242 yrs activeLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 1004.949.989
Summary

The computed 12-month bankruptcy probability of SMGROUP is 3.4% (moderate). The 2024 annual accounts show equity of €42,001 and a net result of €39,001. Its solvency ranks better than 71% of 6720 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency85
Growth-
Track record67
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.69; short-term debt: 40.3% and cash: 43.3% of total assets), and 40.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-01-2026, 161 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
161 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 161 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SMGROUP was incorporated on 19 January 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€42,001
Total assets
€70,411
Net result
€39,001
Working capital
€19,697

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €70,411
Fixed assets €22,304
Current assets €48,107
Equity and liabilities €70,411
Equity €42,001
Debt €28,410
Debt finances 40.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€39,720
Cash flow
€39,720
Current ratio
1.69
Debt to equity
0.68
ROE
92.9%
ROA
55.4%
Debt ≤ 1 year
€28,410

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.4% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,276 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
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€70,411
Fixed assets21/28€22,304
Tangible fixed assets22/27€13,304
Furniture and vehicles24€13,304
Financial fixed assets28€9,000
Current assets29/58€48,107
Amounts receivable within one year40/41€17,605
Trade receivables40€17,605
Cash at bank and in hand54/58€30,502
Equity and liabilities
Total equity and liabilities10/49€70,411
Equity10/15€42,001
Contributions10/11€3,000
Profit (loss) carried forward14€39,001
Amounts payable17/49€28,410
Amounts payable within one year42/48€28,410
Trade debts44€22,914
Suppliers440/4€22,914
Taxes, remuneration and social security45€2,496
Taxes450/3€2,496
Other amounts payable47/48€3,000
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€719
Gross operating margin9900€39,720
Operating profit (loss)9901€39,001
Profit (loss) for the period before taxes9903€39,001
Profit (loss) for the period9904€39,001
Profit (loss) for the period to be appropriated9905€39,001
Appropriation of the result
Profit (loss) to be appropriated9906€39,001

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€719
Gross operating margin9900€39,720
Operating profit (loss)9901€39,001
Profit (loss) for the period before taxes9903€39,001
Profit (loss) for the period9904€39,001
Profit (loss) for the period to be appropriated9905€39,001
Line2024
Assets
Total assets20/58€70,411
Fixed assets21/28€22,304
Tangible fixed assets22/27€13,304
Furniture and vehicles24€13,304
Financial fixed assets28€9,000
Current assets29/58€48,107
Amounts receivable within one year40/41€17,605
Trade receivables40€17,605
Cash at bank and in hand54/58€30,502
Equity and liabilities
Total equity and liabilities10/49€70,411
Equity10/15€42,001
Contributions10/11€3,000
Profit (loss) carried forward14€39,001
Amounts payable17/49€28,410
Amounts payable within one year42/48€28,410
Trade debts44€22,914
Suppliers440/4€22,914
Taxes, remuneration and social security45€2,496
Taxes450/3€2,496
Other amounts payable47/48€3,000
Line2024
Profit (loss) for the period9904€39,001
+ Depreciation and write-downs630€719
Operating cash flow (approximation)€39,720

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
08-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 161 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
608 m²
Building footprint
275 m²
Volume, LiDAR
2,716 m³
2 parcels, Flanders, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
471 companies at this address See who is registered here
1 establishment unit
Rue Henri Pirenne 66, 4800 Verviers
NACE 45113
since 20242.358.453.248
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
63572C0154/00H003 Wallonia 461 m² 1 · 131 m² 10.8 m · 3 fl.
22662B0387/00R004 Flanders 147 m² 1 · 144 m² 14.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,204. 5,869 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
Founded19-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
52210Service activities incidental to land transportation
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004949989
Also 9925:BE1004949989
Registered 18-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.