SMH PROJECTS
Open bankruptcySummary
A bankruptcy procedure is open for SMH PROJECTS according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show negative equity (-€9,827) and a net result of -€15,531.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 9 September 2025
- Supervising judge
- Rudy Debbaut
- Official Gazette
- 15-09-2025 (pdf) ↗search the document for 2025/136573
Deadlines
- Provisional date payments stopped
- 9 September 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 30 September 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 9 October 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 October 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Charlotte GeeraertEikenlaan 21, 9250 Waas- Munstercharlotte.geeraert@verkest-creve.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+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
2324
2023 to 2024 · latest year -€9,827
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Office administrative and support services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€9,827
2023 · €5,704
Total assets
€85,491▼ 66.1%
2023 · €252,297
Net result
-€15,531
2023 · €4,204
Working capital
-€9,827
2023 · €5,704
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€20,121--€14,004
Net result€4,204within the sector's middle half--€15,531below the sector's middle half
Equity€5,704below the sector's middle half--€9,827below the sector's middle half
Total assets€252,297within the sector's middle half-€85,491within the sector's middle half▼ 66.1%
Debt€246,593-€95,318▼ 61.3%
Working capital€5,704within the sector's middle half--€9,827below the sector's middle half
Solvency2.3%below the sector's middle half--11.5%below the sector's middle half▼ 13.8pp
Current ratio1.02within the sector's middle half-0.90below the sector's middle half▼ 0.13
Return on assets (ROA)1.7%within the sector's middle half--18.2%below the sector's middle half▼ 19.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €14,004 after €20,121 in 2023.
Key figures and ratios
Debt to equity
-9.70▼
2023 · 43.23
Debt ≤ 1 year
€95,318▼
2023 · €246,593
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1,000 | - | - |
| Gross operating margin9900 | €21,121 | -€14,004 | ▼ 166% |
| Operating profit (loss)9901 | €20,121 | -€14,004 | ▼ 170% |
| Financial charges65/66B | €510 | €1,527 | ▲ 200% |
| Recurring financial charges65 | €510 | €1,527 | ▲ 200% |
| Profit (loss) for the period before taxes9903 | €19,611 | -€15,531 | ▼ 179% |
| Income taxes67/77 | €15,407 | - | - |
| Profit (loss) for the period9904 | €4,204 | -€15,531 | ▼ 469% |
| Profit (loss) for the period to be appropriated9905 | €4,204 | -€15,531 | ▼ 469% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €252,297 | €85,491 | ▼ 66.1% |
| Current assets29/58 | €252,297 | €85,491 | ▼ 66.1% |
| Amounts receivable within one year40/41 | €56,098 | €85,491 | ▲ 52.4% |
| Trade receivables40 | €900 | €72,600 | ▲ 7,967% |
| Other amounts receivable41 | €55,198 | €12,891 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | €196,198 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €252,297 | €85,491 | ▼ 66.1% |
| Equity10/15 | €5,704 | -€9,827 | ▼ 272% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €4,204 | -€11,327 | ▼ 369% |
| Amounts payable17/49 | €246,593 | €95,318 | ▼ 61.3% |
| Amounts payable within one year42/48 | €246,593 | €95,318 | ▼ 61.3% |
| Financial debts43 | €18,758 | €22,033 | ▲ 17.5% |
| Credit institutions430/8 | €18,758 | €22,033 | ▲ 17.5% |
| Trade debts44 | €15,850 | €711 | ▼ 95.5% |
| Suppliers440/4 | €15,850 | €711 | ▼ 95.5% |
| Advances received on contracts in progress46 | €19,600 | - | - |
| Taxes, remuneration and social security45 | €45,016 | €72,574 | ▲ 61.2% |
| Taxes450/3 | €45,016 | €72,574 | ▲ 61.2% |
| Other amounts payable47/48 | €147,369 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,204 | -€15,531 | ▼ 469% |
| Operating cash flow (approximation) | €4,204 | -€15,531 | ▼ 469% |
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
2025
15-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 09-09-2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
08-08
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · CHARLOTTE GEERAERT
2024
20-11
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 12-11-2024
18-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 04-11-2024
23-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 07-10-2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 acts for this company are 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, Lokeren · 1 establishment unit since 2023
Ground area
3,820 m²
Building footprint
1,694 m²
Parcel 46382B1441/00B000, Flanders. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
SMH PROJECTS
since 20232.340.381.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1441/00B000 | Flanders | 3,820 m² | 1 · 1,693 m² | - |
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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE GEERAERT EIKENLAAN 21, 9250 WAAS-
MUNSTER |
09-09-2025 → present |
| Interim administrator | CHARLOTTE GEERAERT | 08-08-2025 → present |
| Curator | ANNE-MARIE LAUREYS ROOMSTRAAT 40,
9160 LOKEREN |
07-10-2024 → 04-11-2024 |
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,517. 1,424 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
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0797319214
Also
9925:BE0797319214
Registered
02-09-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.