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SRM Group

Active
Private limited companyfounded 20224 yrs activeFrans Van Dijckstraat 44, 2100 Antwerpen, BelgiumKBO/BCE: BE 0780.872.368
Summary

The computed 12-month bankruptcy probability of SRM Group is 3.8% (moderate). The 2025 annual accounts show negative equity (-€8,277) and a net result of -€18,628. Equity is shrinking by ~94.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 18606 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-73
Solvency0▼-57
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 1.38 in 2024; short-term debt: 163.4% and cash: 17% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-63.4%
Return on assets
-142.7%
Age of the figures
12 mo
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€8,277
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
7 d early
2024
22 d early
2023
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
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

SRM Group was incorporated on 25 January 2022 as a Private limited company.1 Total assets fell from EUR 64,309 in 2023 to EUR 13,052 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€8,277
2024 · €10,351
Total assets
€13,052▼ 59.4%
2024 · €32,175
Net result
-€18,628
2024 · €980
Working capital
-€8,277
2024 · €8,347
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€10,491-€1,188-€18,416
Net result-€10,629below the sector's middle half-€980within the sector's middle half-€18,628below the sector's middle half
Equity€9,371within the sector's middle half-€10,351within the sector's middle half▲ 10.5%-€8,277below the sector's middle half
Total assets€64,309within the sector's middle half-€32,175below the sector's middle half▼ 50.0%€13,052below the sector's middle half▼ 59.4%
Debt€54,938-€21,824▼ 60.3%€21,329▼ 2.3%
Working capital€4,800within the sector's middle half-€8,347within the sector's middle half▲ 73.9%-€8,277within the sector's middle half
Solvency14.6%within the sector's middle half-32.2%within the sector's middle half▲ 17.6pp-63.4%below the sector's middle half▼ 95.6pp
Current ratio1.09within the sector's middle half-1.38within the sector's middle half▲ 0.300.61below the sector's middle half▼ 0.77
Return on assets (ROA)-16.5%below the sector's middle half-3.0%within the sector's middle half▲ 19.6pp-142.7%below the sector's middle half▼ 145.8pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€10,491-€10,491Net result 2023: -€10,629-€10,629Operating result 2024: €1,188€1,188Net result 2024: €980€980Operating result 2025: -€18,416-€18,416Net result 2025: -€18,628-€18,628202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€10,491-€10,500Net result 2023: -€10,629-€10,600Operating result 2024: €1,188€1,190Net result 2024: €980€980Operating result 2025: -€18,416-€18,400Net result 2025: -€18,628-€18,600202320242025
The operating result turns negative in 2025: a loss of €18,416 after €1,188 in 2024, the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€16,412▼
2024 · €3,754
Cash flow
-€16,624▼
2024 · €3,547
Debt to equity
-2.58▼
2024 · 2.11
Interest coverage
-77.28▼
2024 · 18.03
Debt ≤ 1 year
€21,329▼
2024 · €21,824
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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 · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,175€13,052▼
Fixed assets21/28€2,004-
Tangible fixed assets22/27€2,004-
Furniture and vehicles24€2,004-
Current assets29/58€30,171€13,052▼
Stocks and contracts in progress3€27,060-
Stocks30/36€27,060-
Amounts receivable within one year40/41€76€5,955▲
Trade receivables40-€5,698
Other amounts receivable41€76€257▲
Cash at bank and in hand54/58€1,626€2,217▲
Deferred charges and accrued income490/1€1,409€4,879▲
Equity and liabilities
Total equity and liabilities10/49€32,175€13,052▼
Equity10/15€10,351-€8,277▼
Contributions10/11€20,000€20,000=
Outside capital11-€20,000
Other1109/19-€20,000
Profit (loss) carried forward14-€9,649-€28,277▼
Amounts payable17/49€21,824€21,329▼
Amounts payable within one year42/48€21,824€21,329▼
Trade debts44€813€930▲
Suppliers440/4€813€930▲
Other amounts payable47/48€21,011€20,399▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,567€2,004▼
Other operating charges640/8€2,997€2,339▼
Gross operating margin9900€6,752-€14,073▼
Operating profit (loss)9901€1,188-€18,416▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€208€212▲
Recurring financial charges65€208€212▲
Profit (loss) for the period before taxes9903€980-€18,628▼
Profit (loss) for the period9904€980-€18,628▼
Profit (loss) for the period to be appropriated9905€980-€18,628▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,649-€28,277▼
Profit (loss) brought forward from the previous period14P-€10,629-€9,649▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,129€2,567€2,004▼ 21.9%
Other operating charges640/8€1,232€2,997€2,339▼ 21.9%
Gross operating margin9900-€6,129€6,752-€14,073▼ 308%
Operating profit (loss)9901-€10,491€1,188-€18,416▼ 1,650%
Financial income75/76B€0€0€0▼ 9.1%
Recurring financial income75€0€0€0▼ 9.1%
Financial charges65/66B€139€208€212▲ 2.0%
Recurring financial charges65€139€208€212▲ 2.0%
Profit (loss) for the period before taxes9903-€10,629€980-€18,628▼ 2,001%
Profit (loss) for the period9904-€10,629€980-€18,628▼ 2,001%
Profit (loss) for the period to be appropriated9905-€10,629€980-€18,628▼ 2,001%
Line202320242025Change
Assets
Total assets20/58€64,309€32,175€13,052▼ 59.4%
Fixed assets21/28€4,571€2,004--
Tangible fixed assets22/27€4,571€2,004--
Furniture and vehicles24€4,571€2,004--
Current assets29/58€59,738€30,171€13,052▼ 56.7%
Stocks and contracts in progress3€47,050€27,060--
Stocks30/36€47,050€27,060--
Amounts receivable within one year40/41€2,873€76€5,955▲ 7,719%
Trade receivables40€2,873-€5,698-
Other amounts receivable41-€76€257▲ 237%
Cash at bank and in hand54/58€8,027€1,626€2,217▲ 36.4%
Deferred charges and accrued income490/1€1,788€1,409€4,879▲ 246%
Equity and liabilities
Total equity and liabilities10/49€64,309€32,175€13,052▼ 59.4%
Equity10/15€9,371€10,351-€8,277▼ 180%
Contributions10/11€20,000€20,000€20,000=
Outside capital11--€20,000-
Other1109/19--€20,000-
Profit (loss) carried forward14-€10,629-€9,649-€28,277▼ 193%
Amounts payable17/49€54,938€21,824€21,329▼ 2.3%
Amounts payable within one year42/48€54,938€21,824€21,329▼ 2.3%
Trade debts44€10,734€813€930▲ 14.3%
Suppliers440/4€10,734€813€930▲ 14.3%
Taxes, remuneration and social security45€1,734---
Taxes450/3€1,734---
Other amounts payable47/48€42,470€21,011€20,399▼ 2.9%
Line202320242025Change
Profit (loss) for the period9904-€10,629€980-€18,628▼ 2,001%
+ Depreciation and write-downs630€3,129€2,567€2,004▼ 21.9%
Operating cash flow (approximation)-€7,500€3,547-€16,624▼ 569%
Investment in fixed assets (approximation)-€0--
Change in cash--€6,401€591▲ 109%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
23-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€18,628
Net result drops to -€18,628, the lowest in the series.
08-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €980
Net result €980 after one loss-making year.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
231 m²
Building footprint
95 m²
Volume, LiDAR
747 m³
Parcel 11344A0462/00X003, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SRM Autohandel
Frans Van Dijckstraat 44, 2100 AntwerpenNACE 45113
since 20222.329.594.857
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11344A0462/00X003 Flanders 231 m² 1 · 95 m² 9.4 m · 3 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.

Similar companies · same sector, comparable size

Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 2,134 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-01-2022
Fiscal year end30-09
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780872368
Also 9925:BE0780872368
Registered 06-02-2026

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

Register as of 28 September 2026 · Peppol Directory

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