SMITH AND WESSON DISTRIBUTING Inc.
ActiveFor the legal form of SMITH AND WESSON DISTRIBUTING Inc., Checked does not compute a bankruptcy probability. The 2021 annual accounts show negative equity (€-12k) and a net result of €-9k. Equity is shrinking by ~209.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 5885 sector peers (fiscal year 2021). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2021
17
/ 100
Critical▼ -8 vs 2020
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2020
Profitability100=
Solvency0=
Growth58=
Stability100
Credit verdict
No credit on open account
Liquidity short (current ratio 0.11 against 0.36 in 2020), and equity is negative.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-04-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-04-2022 close30-11-2022 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2021 was due by 30-11-2021 and was filed on 28-10-2021, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
33 d early
2020
35 d early
2019
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▼ 39.3%
2020 · €-6k
2019: €-32k
2020: €-6k
2019 → 2021
Working capital
€-25k▼ 38.9%
2020 · €-18k
2019: €-13k
2020: €-18k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€3k-€-4k€-12k▼ 244%
Operating result€-32k-€-6k▲ 81.3%€-9k▼ 44.9%
Net result€-32k-€-6k▲ 80.3%€-9k▼ 39.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2021 against €6k in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €16k
Fixed assets
€13k▼ 12.7%
Current assets
€3k▼ 68.5%
Key figures and ratios
EBITDA
€-7k▼
2020 · €-3k
Cash flow
€-7k▼
2020 · €-4k
Solvency
-78.7%▼
2020 · -14.7%
Current ratio
0.11▼
2020 · 0.36
Quick ratio
0.11▼
2020 · 0.36
ROE
70.9%▼
2020 · 175.4%
ROA
-55.8%▼
2020 · -25.7%
Debt
€28k=
2020 · €28k
Debt ≤ 1 year
€28k=
2020 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€25k€16k▼
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€4k€2k▼
Financial fixed assets28€11k€11k▲
Current assets29/58€10k€3k▼
Amounts receivable within one year40/41€27€27=
Cash at bank and in hand54/58€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€25k€16k▼
Equity10/15€-4k€-12k▼
Profit (loss) carried forward14€-4k€-12k▼
Amounts payable17/49€28k€28k=
Amounts payable within one year42/48€28k€28k=
Trade debts44€50€50=
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Gross operating margin9900€275k€275k▲
Operating profit (loss)9901€-6k€-9k▼
Recurring financial charges65€443€282▼
Profit (loss) for the period before taxes9903€-6k€-9k▼
Profit (loss) for the period9904€-6k€-9k▼
Profit (loss) for the period to be appropriated9905€-6k€-9k▼
Timeline · acts, filings and financial milestones
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
03-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
15-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
23-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
16-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 47 days late
2013
16-04
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 137 days late
NBB filing
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Of 1,162 companies in sector 46499 we hold annual accounts for 737. 95 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formForeign entity
Founded01-01-1984
Fiscal year end30-04
Activities, NACEBEL
46499Wholesale of other household goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.