SMM & CO
ActiveSummary
The computed 12-month bankruptcy probability of SMM & CO is 1.9% (moderate). The 2024 annual accounts show equity of €9k and a net result of €6k. Equity is shrinking by ~24.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 46% of 2090 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+38
Solvency52▲+17
Growth54▲+17
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.9%
Return on assets
18.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
30 d late
2022
46 d late
2021
6 d early
2020
61 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€162k▲ 3.3%
2022 · €157k
2018: €132k
2019: €132k
2020: €119k
2021: €155k
2022: €157k
2018 → 2023
EBIT margin
2.9%▲ 6.5pp
2022 · -3.6%
2018: 2.1%
2019: 0.9%
2020: 1.4%
2021: -4.3%
2022: -3.6%
2018 → 2023
Net result
€6k▲ 990%
2023 · €538
2018: €2k
2019: €592
2020: €388
2021: €-8k
2022: €-8k
2023: €538
2018 → 2024
Working capital
€1k
2023 · €-5k
2018: €10k
2019: €10k
2020: €10k
2021: €231
2022: €-6k
2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€119k-€155k▲ 29.9%€157k▲ 1.4%€162k▲ 3.3%
Equity€18k-€10k▼ 45.3%€2k▼ 77.3%€3k▲ 23.7%€9k▲ 209%
Operating result€2k-€-7k€-6k▲ 14.0%€5k€9k▲ 84.3%
Net result€388-€-8k€-8k▲ 6.8%€538€6k▲ 990%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 84% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets
€8k ▼ 3.2%
Current assets
€25k ▲ 28.0%
Equity and liabilities €32k
Equity
€9k ▲ 209%
Debt
€24k ▼ 2.9%
Debt's share of the balance-sheet total falls from 89.6% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2023 · €6k
Cash flow
€6k▲
2023 · €2k
Current ratio
1.05▲
2023 · 0.80
Quick ratio
0.07▼
2023 · 0.21
Debt to equity
2.72▼
2023 · 8.64
ROE
67.6%▲
2023 · 19.2%
ROA
18.2%▲
2023 · 2.0%
Interest coverage
4.06▲
2023 · 2.00
Debt ≤ 1 year
€24k▼
2023 · €24k
Staff costs
€48k▲
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€27k€32k▲
Fixed assets21/28€8k€8k▼
Tangible fixed assets22/27€247-
Furniture and vehicles24€247-
Financial fixed assets28€8k€8k=
Current assets29/58€19k€25k▲
Stocks and contracts in progress3€14k€23k▲
Stocks30/36€14k€23k▲
Amounts receivable within one year40/41€2k€6▼
Other amounts receivable41€2k€6▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€27k€32k▲
Equity10/15€3k€9k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-16k€-10k▲
Amounts payable17/49€24k€24k▼
Amounts payable within one year42/48€24k€24k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€19k€17k▼
Taxes450/3€451€113▼
Remuneration and social security454/9€19k€17k▼
Other amounts payable47/48€1k€5k▲
Income statement
Code20232024
Turnover70€162k-
Goods, raw materials, services and sundry goods60/61€118k-
Remuneration, social security and pensions62€34k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€247▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€44k€59k▲
Operating profit (loss)9901€5k€9k▲
Financial income75/76B€585€0▼
Recurring financial income75€482€0▼
Non-recurring financial income76B€103€0▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€2k€535▼
Profit (loss) for the period before taxes9903€538€6k▲
Profit (loss) for the period9904€538€6k▲
Profit (loss) for the period to be appropriated9905€538€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-10k▲
Profit (loss) brought forward from the previous period14P€-16k€-16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2018net €6k ▲990%
Operating result €9k, net result €6k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €538
Net result €538 after 2 loss-making years.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-8k ▼2231%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 66 days late
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Evere · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Parijsstraat 471140 EvereGround area
186 m²
Building footprint
191 m²
Volume, LiDAR
975 m³
Parcel 21006A0318/00B005, Brussels · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SMM & CO
since 20142.234.256.428
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0318/00B005 | Brussels | 186 m² | 1 · 191 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteEvere2.234.256.428
Similar companies · same sector, comparable size
BAKKERIJ HASS
BE 0666.918.352
Sint-Pieters-Leeuw · Eq €8,524
WALILI
BE 0810.140.337
Antwerpen · Eq €8,498
Distri-Service
BE 0837.667.155
Westerlo · Eq €8,860
BOULANGERIE d'EUROPE
BE 0459.959.053
Liège · Eq €8,422
SHAABI
BE 0892.808.388
Antwerpen · Eq €8,417
Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 854 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.