Skip to content

SMISMANS

Active
Private limited companyfounded 20232 yrs activeEdingensesteenweg 903, 1502 Halle, BelgiumKBO/BCE: BE 1002.960.402
Summary

The computed 12-month bankruptcy probability of SMISMANS is 1.9% (moderate). The 2024 annual accounts show equity of €275,843 and a net result of €272,843. Its solvency ranks better than 41% of 9630 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency56
Growth-
Track record67
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.77; short-term debt: 43.4% and cash: 21.7% of total assets), and 69.1% 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○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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

On 4 December 2023, SMISMANS was incorporated 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

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

Financials · fiscal year 2024, abbreviated schema

Equity
€275,843
Total assets
€893,802
Net result
€272,843
Working capital
-€87,866

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

Balance-sheet composition
Assets €893,802
Fixed assets €593,581
Current assets €300,221
Equity and liabilities €893,802
Equity €275,843
Debt €617,959
Debt finances 69.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€494,194
Cash flow
€351,539
Current ratio
0.77
Quick ratio
0.76
Debt to equity
2.24
ROE
98.9%
ROA
30.5%
Interest coverage
19.61
Debt ≤ 1 year
€388,087
Debt > 1 year
€229,350
Income taxes
€118,168
Staff costs
€249,255

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% 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
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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 · 48 lines
Balance sheet Code2024
Assets
Total assets20/58€893,802
Fixed assets21/28€593,581
Tangible fixed assets22/27€593,581
Plant, machinery and equipment23€233,414
Furniture and vehicles24€117,232
Other tangible fixed assets26€242,934
Current assets29/58€300,221
Stocks and contracts in progress3€4,170
Stocks30/36€4,170
Amounts receivable within one year40/41€100,732
Trade receivables40€77,699
Other amounts receivable41€23,033
Cash at bank and in hand54/58€193,529
Deferred charges and accrued income490/1€1,790
Equity and liabilities
Total equity and liabilities10/49€893,802
Equity10/15€275,843
Contributions10/11€3,000
Reserves13€272,843
Distributable reserves133€272,843
Amounts payable17/49€617,959
Amounts payable after more than one year17€229,350
Financial debts170/4€229,350
Amounts payable within one year42/48€388,087
Current portion of amounts payable after more than one year42€41,521
Trade debts44€107,296
Suppliers440/4€107,296
Taxes, remuneration and social security45€132,996
Taxes450/3€83,548
Remuneration and social security454/9€49,448
Other amounts payable47/48€106,275
Accrued charges and deferred income492/3€521
Income statement Code2024
Remuneration, social security and pensions62€249,255
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,696
Other operating charges640/8€3,029
Gross operating margin9900€746,478
Operating profit (loss)9901€415,498
Financial income75/76B€717
Recurring financial income75€717
Financial charges65/66B€25,203
Recurring financial charges65€25,203
Profit (loss) for the period before taxes9903€391,012
Income taxes67/77€118,168
Profit (loss) for the period9904€272,843
Profit (loss) for the period to be appropriated9905€272,843
Appropriation of the result
Profit (loss) to be appropriated9906€272,843
Transfer to equity691/2€272,843
To other reserves6921€272,843
Social balance
Average headcount (FTE)90874.5

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€249,255
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,696
Other operating charges640/8€3,029
Gross operating margin9900€746,478
Operating profit (loss)9901€415,498
Financial income75/76B€717
Recurring financial income75€717
Financial charges65/66B€25,203
Recurring financial charges65€25,203
Profit (loss) for the period before taxes9903€391,012
Income taxes67/77€118,168
Profit (loss) for the period9904€272,843
Profit (loss) for the period to be appropriated9905€272,843
Line2024
Assets
Total assets20/58€893,802
Fixed assets21/28€593,581
Tangible fixed assets22/27€593,581
Plant, machinery and equipment23€233,414
Furniture and vehicles24€117,232
Other tangible fixed assets26€242,934
Current assets29/58€300,221
Stocks and contracts in progress3€4,170
Stocks30/36€4,170
Amounts receivable within one year40/41€100,732
Trade receivables40€77,699
Other amounts receivable41€23,033
Cash at bank and in hand54/58€193,529
Deferred charges and accrued income490/1€1,790
Equity and liabilities
Total equity and liabilities10/49€893,802
Equity10/15€275,843
Contributions10/11€3,000
Reserves13€272,843
Distributable reserves133€272,843
Amounts payable17/49€617,959
Amounts payable after more than one year17€229,350
Financial debts170/4€229,350
Amounts payable within one year42/48€388,087
Current portion of amounts payable after more than one year42€41,521
Trade debts44€107,296
Suppliers440/4€107,296
Taxes, remuneration and social security45€132,996
Taxes450/3€83,548
Remuneration and social security454/9€49,448
Other amounts payable47/48€106,275
Accrued charges and deferred income492/3€521
Line2024
Profit (loss) for the period9904€272,843
+ Depreciation and write-downs630€78,696
Operating cash flow (approximation)€351,539

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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
5,567 m²
Building footprint
1,029 m²
Volume, LiDAR
6,975 m³
Parcel 23043B0170/00X000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
SMISMANS
Edingensesteenweg 903, 1502 HalleEvent catering
since 20232.354.840.294
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23043B0170/00X000 Flanders 5,567 m² 1 · 1,029 m² 9.6 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Halle2.354.840.294
1 permission
Toelating · Vleeswinkel · since 10-10-2024

Similar companies · same sector, comparable size

Of 3,042 companies in this sector we hold annual accounts for 1,568. 1,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded04-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47210Retail sale of fruit and vegetables
47222Retail trade
47519Retail trade
47551Retail sale of household furniture
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002960402
Registered 05-12-2025

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

Register as of 1 October 2026 · Peppol Directory

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