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Sven De Smet

Active
Private limited companyfounded 2024active for 1 yearKraaineststraat 93, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 1017.896.521
Summary

Sven De Smet has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,086 and a net result of €33,086. Its solvency ranks better than 47% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-12-2024 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 1 other
Establishment unit
2.369.895.189 9420 Erpe-Mere, since 24-12-2024
Financial year end
31 December
Peppol
Reachable since 21-01-2026

Board and ownership

Board

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€105,134
Turnover
≈ €260,000
estimated
Profit
€33,086
Equity
€36,086
Total assets
€95,394
Employees on 31-12-2025
1
Filed on 08-06-2026, 53 days before the deadline
Score breakdownraises riskFounded in 2024Size: total assets €95,394Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskLiquidity: current ratio 1.44, cash €50,706Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in wood and cork (NACE 16)
Financial strength
Strong
Solvency 63
equity 37.8% of total assets
Liquidity 70
short-term debt 58.6% · cash 53.2%
Profitability 100
return on assets 34.7%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 01-2026: 1.8% 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.3 percentage points vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.6%▲ +0.3 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 2.9%▲ +0.3 percentage points vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026highest value 10-2026: 0.5%▼ -2.4 percentage points vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44, below the usual 1.5. Short-term debt is 58.6% and cash 53.2% of total assets. 62.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 46% of them on solvency, 70% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.44, cash €50,706
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €95,394
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
53 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointment: DE SMET Sven (director)
All 2 events

Comparable companies

These companies have the same main activity as Sven De Smet: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €93,700 and €155,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Sven De Smet Erpe-Mere€95,394€105,134
AA Projects Lokeren€130,340€83,373
ABDERMLC Antwerpen€105,611€91,978
Peter Hooyberghs Interieurbouw Turnhout€134,228€93,635
BÂTIBOIS by GH Esneux€93,652€58,947
JARO CONSTRUCTIONS Hamme (Vl.)€155,236€89,689
TIMMER- EN INTERIEURWERKEN TROY Moorslede€98,342€65,725
Full comparison

Key facts about Sven De Smet

What is the company number of Sven De Smet?
The company number of Sven De Smet is 1017.896.521. The VAT number is the same number with BE in front: BE 1017.896.521.
Where is Sven De Smet based?
The registered office is at Kraaineststraat 93, 9420 Erpe-Mere.Company details
What does Sven De Smet do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of Sven De Smet?
The legal form of Sven De Smet is Private limited company (BV).
When was Sven De Smet founded?
Sven De Smet was founded on 24-12-2024.
Is Sven De Smet still active?
Yes, Sven De Smet is an active enterprise in the KBO register.
How many employees does Sven De Smet have?
Sven De Smet had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Sven De Smet?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €105,134 and 2,213 comparable companies of the same size. It probably lies between €180,000 and €410,000. It is a rough estimate.
Is Sven De Smet profitable?
In financial year 2025, Sven De Smet made a profit of €33,086.
Where can I find the annual accounts of Sven De Smet?
Sven De Smet filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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