SRM
ActiveFinancials · financial year 2024, micro format
2024 annual accounts filed 114 days after the deadline Filed on 22 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00573134.
Annual accounts 2024 filed on 22-11-2025 PDF
Investments
| Item | 2024 |
|---|---|
| Financial fixed assets | €4,500 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SRM: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €15,900 and €125,000, founded between 2023 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| SRM Antwerpen | 2024 | €32,562 | -€2,854 | -€8,179 | €166,003 | -€8,854 | 2024 |
| ALI FRUITS Brussel | 2024 | €26,193 | €126 | €467 | €86,746 | €126 | 2024 |
| FVR Consult Waasmunster | 2023 | €29,001 | -€22,697 | -€6,303 | - | -€15,444 | 2025 |
| MHIB INVESTMENT GROUP Sint-Jans-Molenbeek | 2023 | €51,754 | -€658 | -€8,759 | - | €5,949 | 2025 |
| Tripablanca Wezembeek-Oppem | 2024 | €15,885 | €4,189 | -€3,038 | - | -€3,311 | 2025 |
| FRESH MART Brussel | 2025 | €51,694 | -€33,178 | -€37,047 | €374,406 | -€38,178 | 2025 |
| WAK Europe Mechelen | 2025 | €124,578 | -€74,699 | -€79,653 | - | -€79,699 | 2025 |
They were chosen from the 616 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,639 companies had the same profile as SRM has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SRM itself: 7.3% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for SRM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2024 |
|---|---|
| Turnover70 | €166,003 |
| Goods, raw materials, services and sundry goods60/61 | €174,182 |
| Other operating charges640/8 | €623 |
| Gross operating margin9900 | -€8,179 |
| Operating profit (loss)9901 | -€8,803 |
| Financial charges65/66B | €52 |
| Recurring financial charges65 | €52 |
| Profit (loss) for the period before taxes9903 | -€8,854 |
| Profit (loss) for the period9904 | -€8,854 |
| Profit (loss) for the period to be appropriated9905 | -€8,854 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €32,562 | |
| Fixed assets21/28 | €4,500 | |
| Financial fixed assets28 | €4,500 | |
| Current assets29/58 | €28,062 | |
| Stocks and contracts in progress3 | €25,734 | |
| Stocks30/36 | €25,734 | |
| Cash at bank and in hand54/58 | €2,329 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €32,562 | |
| Equity10/15 | -€2,854 | |
| Contributions10/11 | €6,000 | |
| Profit (loss) carried forward14 | -€8,854 | |
| Amounts payable17/49 | €35,416 | |
| Amounts payable within one year42/48 | €35,416 | |
| Trade debts44 | €11,990 | |
| Suppliers440/4 | €11,990 | |
| Taxes, remuneration and social security45 | €4,511 | |
| Taxes450/3 | €4,511 | |
| Other amounts payable47/48 | €18,915 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€8,854 |
| Operating cash flow (approximation) | -€8,854 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 22-11-2025 | 2025-00573134 |