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SSM CONSTRUCT

Active Risk: not assessed
Foreign entityfounded 200818 yrs activeUITLASE SREDNA GORE 41, 9745 SHUMEN, BulgariaKBO/BCE: BE 0895.184.393
Summary

For the legal form of SSM CONSTRUCT, Checked does not compute a bankruptcy probability. The 2011 annual accounts show equity of €8,310 and a net result of €2,636. Equity is growing by ~26.3% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2011 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2011 · tick = 2010
Profitability45▼-55
Solvency35▲+3
Growth78▲+20
Track record100
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2011. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2012 close31-07-2013 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 02-04-2012, 120 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 24 January 2008, SSM CONSTRUCT was incorporated.1 Total assets went from EUR 6,200 in 2008 to EUR 83,240 in 2011.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2011

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Financials · fiscal year 2011, abbreviated schema

Equity
€8,310▲ 46.5%
2010 · €5,674
Total assets
€83,240▲ 2.2%
2010 · €81,474
Net result
€2,636▼ 89.8%
2010 · €25,752
Working capital
-€6,765
2010 · €1,326
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2008200920102011
Operating result-€2,009€27,480€8,070▼ 70.6%
Net result-€2,278€25,752€2,636▼ 89.8%
Equity€6,200-€3,922▼ 36.7%€5,674▲ 44.7%€8,310▲ 46.5%
Total assets€6,200-€3,922▼ 36.7%€81,474▲ 1,977%€83,240▲ 2.2%
Debt€75,800€74,930▼ 1.1%
Working capital€1,326-€6,765
Staff (FTE)3.411.4▲ 235%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2009: -€2,009-€2,009Net result 2009: -€2,278-€2,278Operating result 2010: €27,480€27,480Net result 2010: €25,752€25,752Operating result 2011: €8,070€8,070Net result 2011: €2,636€2,6362008200920102011-€10,000€0€10,000€20,000€30,000Operating result 2009: -€2,009-€2,010Net result 2009: -€2,278-€2,280Operating result 2010: €27,480€27,500Net result 2010: €25,752€25,800Operating result 2011: €8,070€8,070Net result 2011: €2,636€2,640200920102011
The operating result falls in 2011; 2011 is 71% below 2010.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €83,240
Fixed assets €15,075 ▲ 247%
Current assets €68,165 ▼ 11.6%
Equity and liabilities €83,240
Equity €8,310 ▲ 46.5%
Debt €74,930 ▼ 1.1%
Debt's share of the balance-sheet total falls from 93.0% to 90.0%. Equity is higher and debt is lower.
Key figures and ratios
2011 value · change against 2010
EBITDA
€15,421▼
2010 · €28,805
Cash flow
€9,987▼
2010 · €27,077
Current ratio
0.91▼
2010 · 1.02
Quick ratio
0.85▼
2010 · 1.02
ROE
31.7%▼
2010 · 453.9%
ROA
3.2%▼
2010 · 31.6%
Debt ≤ 1 year
€74,930▼
2010 · €75,800
Income taxes
€3,229
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2011 against 2010 · 25 lines
Balance sheet Code20102011
Assets
Total assets20/58€81,474€83,240▲
Fixed assets21/28€4,348€15,075▲
Tangible fixed assets22/27€2,848€13,575▲
Financial fixed assets28€1,500€1,500=
Current assets29/58€77,126€68,165▼
Stocks and contracts in progress3-€4,305
Amounts receivable within one year40/41€77,126€52,300▼
Cash at bank and in hand54/58-€11,560
Equity and liabilities
Total equity and liabilities10/49€81,474€83,240▲
Equity10/15€5,674€8,310▲
Contributions10/11€6,200€6,200=
Reserves13-€1,860
Profit (loss) carried forward14-€526€250▲
Amounts payable17/49€75,800€74,930▼
Amounts payable within one year42/48€75,800€74,930▼
Trade debts44€23,781€43,446▲
Income statement Code20102011
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,325€7,351▲
Gross operating margin9900€145,070€283,487▲
Operating profit (loss)9901€27,480€8,070▼
Recurring financial income75€9€6▼
Recurring financial charges65€1,737€2,211▲
Profit (loss) for the period before taxes9903€25,752€5,865▼
Income taxes67/77-€3,229
Profit (loss) for the period9904€25,752€2,636▼
Profit (loss) for the period to be appropriated9905€25,752€2,636▼
Line2008200920102011Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€1,325€7,351▲ 455%
Gross operating margin9900--€1,549€145,070€283,487▲ 95.4%
Operating profit (loss)9901--€2,009€27,480€8,070▼ 70.6%
Recurring financial income75-€12€9€6▼ 33.3%
Recurring financial charges65-€281€1,737€2,211▲ 27.3%
Profit (loss) for the period before taxes9903--€2,278€25,752€5,865▼ 77.2%
Income taxes67/77---€3,229-
Profit (loss) for the period9904--€2,278€25,752€2,636▼ 89.8%
Profit (loss) for the period to be appropriated9905--€2,278€25,752€2,636▼ 89.8%
Line2008200920102011Change
Assets
Total assets20/58€6,200€3,922€81,474€83,240▲ 2.2%
Fixed assets21/28--€4,348€15,075▲ 247%
Tangible fixed assets22/27--€2,848€13,575▲ 377%
Financial fixed assets28--€1,500€1,500=
Current assets29/58€6,200€3,922€77,126€68,165▼ 11.6%
Stocks and contracts in progress3---€4,305-
Amounts receivable within one year40/41-€42€77,126€52,300▼ 32.2%
Cash at bank and in hand54/58€6,200€3,880-€11,560-
Equity and liabilities
Total equity and liabilities10/49€6,200€3,922€81,474€83,240▲ 2.2%
Equity10/15€6,200€3,922€5,674€8,310▲ 46.5%
Contributions10/11€6,200€6,200€6,200€6,200=
Reserves13---€1,860-
Profit (loss) carried forward14--€2,278-€526€250▲ 148%
Amounts payable17/49--€75,800€74,930▼ 1.1%
Amounts payable within one year42/48--€75,800€74,930▼ 1.1%
Trade debts44--€23,781€43,446▲ 82.7%
Line2008200920102011Change
Profit (loss) for the period9904--€2,278€25,752€2,636▼ 89.8%
+ Depreciation and write-downs630--€1,325€7,351▲ 455%
Operating cash flow (approximation)--€2,278€27,077€9,987▼ 63.1%
Investment in fixed assets (approximation)----€18,078-
Change in cash--€2,320---

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

2012
02-04
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
22-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-12
Financial Back to profitnet €25,752
Net result €25,752 after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
06-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, SHUMEN · 1 establishment unit since 2008
establishment The establishment unit on the map
Cannot be placed on the map

The registered office is abroad (Bulgaria). The address register our map runs on (BOSA BEST) covers Belgian addresses only.

UITLASE SREDNA GORE 419745 SHUMENBulgaria
Ground area
122 m²
Building footprint
123 m²
Volume, LiDAR
1,148 m³
Parcel 21012A0047/00A007, Brussels · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMM CONSTRUCT
Opzichterstraat 193, 1080 Sint-Jans-MolenbeekManufacture of metal structures and parts of structures
since 20082.168.622.268
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21012A0047/00A007 Brussels 122 m² 1 · 123 m² 17.0 m · 2 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.

Identification & contact

Identification
Legal formForeign entity
Founded24-01-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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