SMNK CONSTRUCT
ActiveSummary
SMNK CONSTRUCT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €1k. Its solvency ranks better than 85% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-60
Solvency100▲+3
Growth52
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 3.14 in 2024; short-term debt: 23.7% and cash: 15.6% of total assets), and 23.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.3%
Return on assets
4.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
56 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▲ 6.0%
2024 · €19k
2024: €19k
2025: €20k▲ +6.0% vs 2024
2024 → 2025
Total assets
€26k▲ 0.4%
2024 · €26k
2024: €26k
2025: €26k▲ +0.4% vs 2024
2024 → 2025
Net result
€1k▼ 94.0%
2024 · €19k
2024: €19k
2025: €1k▼ -94.0% vs 2024
2024 → 2025
Working capital
€18k▲ 19.9%
2024 · €15k
2024: €15k
2025: €18k▲ +19.9% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€19k-€20k▲ 6.0%
2024: €19k
2025: €20k▲ +6.0% vs 2024
Operating result€24k-€4k▼ 85.0%
2024: €24k
2025: €4k▼ -85.0% vs 2024
Net result€19k-€1k▼ 94.0%
2024: €19k
2025: €1k▼ -94.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€1k ▼ 58.1%
Current assets
€24k ▲ 9.0%
Equity and liabilities €26k
Equity
€20k ▲ 6.0%
Debt
€6k ▼ 14.4%
Debt's share of the balance-sheet total falls from 27.7% to 23.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €26k
Cash flow
€1k▼
2024 · €20k
Current ratio
4.00▲
2024 · 3.14
Debt to equity
0.31▼
2024 · 0.38
ROE
5.7%▼
2024 · 100.0%
ROA
4.3%▼
2024 · 72.3%
Interest coverage
1.84▼
2024 · 46.89
Debt ≤ 1 year
€6k▼
2024 · €7k
Income taxes
€651▼
2024 · €5k
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 · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€26k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23-€996
Furniture and vehicles24€3k€386▼
Current assets29/58€22k€24k▲
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€5k€13k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€12k€4k▼
Deferred charges and accrued income490/1€703€2k▲
Equity and liabilities
Total equity and liabilities10/49€26k€26k▲
Equity10/15€19k€20k▲
Profit (loss) carried forward14€19k€20k▲
Amounts payable17/49€7k€6k▼
Amounts payable within one year42/48€7k€6k▼
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€293▼
Other operating charges640/8€592€3k▲
Gross operating margin9900€26k€7k▼
Operating profit (loss)9901€24k€4k▼
Financial income75/76B€127€253▲
Recurring financial income75€127€253▲
Financial charges65/66B€550€2k▲
Recurring financial charges65€550€2k▲
Profit (loss) for the period before taxes9903€24k€2k▼
Income taxes67/77€5k€651▼
Profit (loss) for the period9904€19k€1k▼
Profit (loss) for the period to be appropriated9905€19k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€20k▲
Profit (loss) brought forward from the previous period14P-€19k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €293 | ▼ 77.5% |
| Other operating charges640/8 | €592 | €3k | ▲ 460% |
| Gross operating margin9900 | €26k | €7k | ▼ 72.4% |
| Operating profit (loss)9901 | €24k | €4k | ▼ 85.0% |
| Financial income75/76B | €127 | €253 | ▲ 99.2% |
| Recurring financial income75 | €127 | €253 | ▲ 99.2% |
| Financial charges65/66B | €550 | €2k | ▲ 293% |
| Recurring financial charges65 | €550 | €2k | ▲ 293% |
| Profit (loss) for the period before taxes9903 | €24k | €2k | ▼ 92.6% |
| Income taxes67/77 | €5k | €651 | ▼ 88.1% |
| Profit (loss) for the period9904 | €19k | €1k | ▼ 94.0% |
| Profit (loss) for the period to be appropriated9905 | €19k | €1k | ▼ 94.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €26k | €26k | ▲ 0.4% |
| Fixed assets21/28 | €3k | €1k | ▼ 58.1% |
| Tangible fixed assets22/27 | €3k | €1k | ▼ 58.1% |
| Plant, machinery and equipment23 | - | €996 | - |
| Furniture and vehicles24 | €3k | €386 | ▼ 88.3% |
| Current assets29/58 | €22k | €24k | ▲ 9.0% |
| Amounts receivable within one year40/41 | €10k | €19k | ▲ 83.0% |
| Trade receivables40 | €5k | €13k | ▲ 164% |
| Other amounts receivable41 | €5k | €6k | ▲ 10.2% |
| Cash at bank and in hand54/58 | €12k | €4k | ▼ 65.2% |
| Deferred charges and accrued income490/1 | €703 | €2k | ▲ 166% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €26k | €26k | ▲ 0.4% |
| Equity10/15 | €19k | €20k | ▲ 6.0% |
| Profit (loss) carried forward14 | €19k | €20k | ▲ 6.0% |
| Amounts payable17/49 | €7k | €6k | ▼ 14.4% |
| Amounts payable within one year42/48 | €7k | €6k | ▼ 14.4% |
| Trade debts44 | €2k | - | - |
| Suppliers440/4 | €2k | - | - |
| Taxes, remuneration and social security45 | €5k | €6k | ▲ 11.9% |
| Taxes450/3 | €5k | €6k | ▲ 11.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €1k | ▼ 94.0% |
| + Depreciation and write-downs630 | €1k | €293 | ▼ 77.5% |
| Operating cash flow (approximation) | €20k | €1k | ▼ 92.9% |
| Investment in fixed assets (approximation) | - | €2k | - |
| Change in cash | - | €-8k | - |
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
Next filing, fiscal year 2026, expected by
2026
03-09
State Gazette act
Registered officeRegistered-office move · Director in office4 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office4 facts ▸
- Registered-office move, Brusselsesteenweg 18A, 1730 Asse
- General meeting, 27-08-2026
- Director in office, SACAREANU Dumitru (manager)
- Director in office, SIMINIUC Anatolie (manager)
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2023
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
876 m³
Parcel 23322E0103/00N000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
SMNK CONSTRUCT
since 20232.348.202.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded16-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.