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Sweetmeat

Active
Private limited companyfounded 2021active for 5 yearsSneppestraat 19, 8820 Torhout, BelgiumKBO/BCE: BE 0761.931.535
Summary

Sweetmeat has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,148 and a net result of €73,148. Equity is shrinking by about 5.5% per year across the filed financial years. Its solvency ranks better than 47% of 22,260 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436425.

Equity
€83,148▼ 8.4%
2024 · €90,816
Total assets
€273,795▼ 22.0%
2024 · €350,883
Net result
€73,148▼ 35.8%
2024 · €114,023
Working capital
€84,750▼ 6.9%
2024 · €90,989
Trend over the years

2021 to 2025, 5 financial years

The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€99,033 2025 Net result€73,148 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€109,976-€103,371▼ 6.0%€104,058▲ 0.7%€155,413▲ 49.4%€99,033▼ 36.3%
Net result€85,079above the sector's middle half-€79,166above the sector's middle half▼ 7.0%€74,949above the sector's middle half▼ 5.3%€114,023above the sector's middle half▲ 52.1%€73,148above the sector's middle half▼ 35.8%
Equity€94,279within the sector's middle half-€172,645above the sector's middle half▲ 83.1%€246,793above the sector's middle half▲ 42.9%€90,816within the sector's middle half▼ 63.2%€83,148within the sector's middle half▼ 8.4%
Total assets€220,880within the sector's middle half-€287,941within the sector's middle half▲ 30.4%€400,220above the sector's middle half▲ 39.0%€350,883above the sector's middle half▼ 12.3%€273,795within the sector's middle half▼ 22.0%
Debt€126,601-€115,296▼ 8.9%€153,427▲ 33.1%€260,067▲ 69.5%€190,646▼ 26.7%
Working capital€93,118above the sector's middle half-€172,196above the sector's middle half▲ 84.9%€243,048above the sector's middle half▲ 41.1%€90,989above the sector's middle half▼ 62.6%€84,750within the sector's middle half▼ 6.9%
Solvency42.7%within the sector's middle half-60.0%within the sector's middle half▲ 17.3pp61.7%above the sector's middle half▲ 1.7pp25.9%within the sector's middle half▼ 35.8pp30.4%within the sector's middle half▲ 4.5pp
Current ratio1.74within the sector's middle half-2.50within the sector's middle half▲ 0.762.59within the sector's middle half▲ 0.091.35within the sector's middle half▼ 1.231.45within the sector's middle half▲ 0.10
Return on assets (ROA)38.5%above the sector's middle half-27.5%above the sector's middle half▼ 11.0pp18.7%above the sector's middle half▼ 8.8pp32.5%above the sector's middle half▲ 13.8pp26.7%above the sector's middle half▼ 5.8pp
Staff (FTE)6.4-6.7▲ 4.7%6.4▼ 4.5%5.2▼ 18.8%6.3▲ 21.2%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273,795
Fixed assets €2,072 ▼ 31.2%
Current assets €271,723 ▼ 21.9%
Equity and liabilities €273,795
Equity €83,148 ▼ 8.4%
Debt €190,646 ▼ 26.7%
Debt's share of the balance-sheet total falls from 74.1% to 69.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,973▼
2024 · €156,353
Cash flow
€74,089▼
2024 · €114,964
Quick ratio
0.68▼
2024 · 0.78
Debt to equity
2.29▼
2024 · 2.86
ROE
88.0%▼
2024 · 125.6%
Interest coverage
19.41▲
2024 · 17.74
Debt ≤ 1 year
€186,973▼
2024 · €256,882
Income taxes
€20,896▼
2024 · €33,439
Staff costs
€206,509▲
2024 · €154,909
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,975 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 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€350,883€273,795▼
Fixed assets21/28€3,012€2,072▼
Tangible fixed assets22/27€3,012€2,072▼
Furniture and vehicles24€3,012€2,072▼
Current assets29/58€347,871€271,723▼
Stocks and contracts in progress3€147,895€143,765▼
Stocks30/36€147,895€143,765▼
Amounts receivable within one year40/41€10,140€7,364▼
Trade receivables40€4,114€1,044▼
Other amounts receivable41€6,026€6,320▲
Cash at bank and in hand54/58€179,084€118,107▼
Deferred charges and accrued income490/1€10,751€2,487▼
Equity and liabilities
Total equity and liabilities10/49€350,883€273,795▼
Equity10/15€90,816€83,148▼
Contributions10/11€10,000€10,000=
Reserves13€80,816€73,148▼
Distributable reserves133€80,816€73,148▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€260,067€190,646▼
Amounts payable within one year42/48€256,882€186,973▼
Financial debts43-€8,438
Credit institutions430/8-€8,438
Trade debts44€125,081€67,321▼
Suppliers440/4€125,081€67,321▼
Taxes, remuneration and social security45€9,386€29,866▲
Taxes450/3€0€604▲
Remuneration and social security454/9€9,386€29,262▲
Other amounts payable47/48€122,415€81,348▼
Accrued charges and deferred income492/3€3,184€3,673▲
Income statement Code20242025
Remuneration, social security and pensions62€154,909€206,509▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€940€940=
Other operating charges640/8€18,901€13,509▼
Non-recurring operating charges66A-€1,622
Gross operating margin9900€330,162€321,612▼
Operating profit (loss)9901€155,413€99,033▼
Financial income75/76B€864€163▼
Recurring financial income75€864€163▼
Financial charges65/66B€8,815€5,152▼
Recurring financial charges65€8,815€5,152▼
Profit (loss) for the period before taxes9903€147,462€94,044▼
Income taxes67/77€33,439€20,896▼
Profit (loss) for the period9904€114,023€73,148▼
Profit (loss) for the period to be appropriated9905€114,023€73,148▼
Appropriation of the result
Profit (loss) to be appropriated9906€114,023€73,148▼
Transfer from equity791/2€170,000€80,816▼
Transfer to equity691/2€14,023€73,148▲
To other reserves6921€14,023€73,148▲
Profit to be distributed694/7€270,000€80,816▼
Return on contributions (dividend)694€270,000€80,816▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€91,648€132,412€141,015€154,909€206,509▲ 33.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,211€264€324€940€940=
Other operating charges640/8€398€7,876€57,113€18,901€13,509▼ 28.5%
Non-recurring operating charges66A----€1,622-
Gross operating margin9900€203,232€243,923€302,510€330,162€321,612▼ 2.6%
Operating profit (loss)9901€109,976€103,371€104,058€155,413€99,033▼ 36.3%
Financial income75/76B€401€253€128€864€163▼ 81.1%
Recurring financial income75€401€253€128€864€163▼ 81.1%
Financial charges65/66B€3,682€4,395€9,064€8,815€5,152▼ 41.6%
Recurring financial charges65€3,682€4,395€9,064€8,815€5,152▼ 41.6%
Profit (loss) for the period before taxes9903€106,695€99,229€95,122€147,462€94,044▼ 36.2%
Income taxes67/77€21,616€20,063€20,173€33,439€20,896▼ 37.5%
Profit (loss) for the period9904€85,079€79,166€74,949€114,023€73,148▼ 35.8%
Profit (loss) for the period to be appropriated9905€85,079€79,166€74,949€114,023€73,148▼ 35.8%
Line20212022202320242025Change
Assets
Total assets20/58€220,880€287,941€400,220€350,883€273,795▼ 22.0%
Fixed assets21/28€1,161€896€3,952€3,012€2,072▼ 31.2%
Tangible fixed assets22/27€1,161€896€3,952€3,012€2,072▼ 31.2%
Furniture and vehicles24€1,161€896€3,952€3,012€2,072▼ 31.2%
Current assets29/58€219,719€287,044€396,268€347,871€271,723▼ 21.9%
Stocks and contracts in progress3€101,684€158,366€143,919€147,895€143,765▼ 2.8%
Stocks30/36€101,684€158,366€143,919€147,895€143,765▼ 2.8%
Amounts receivable within one year40/41€21,088€33,359€13,794€10,140€7,364▼ 27.4%
Trade receivables40€20,510€4,279€2,944€4,114€1,044▼ 74.6%
Other amounts receivable41€578€29,080€10,850€6,026€6,320▲ 4.9%
Cash at bank and in hand54/58€96,856€93,660€236,602€179,084€118,107▼ 34.0%
Deferred charges and accrued income490/1€91€1,660€1,952€10,751€2,487▼ 76.9%
Equity and liabilities
Total equity and liabilities10/49€220,880€287,941€400,220€350,883€273,795▼ 22.0%
Equity10/15€94,279€172,645€246,793€90,816€83,148▼ 8.4%
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Reserves13€84,279€162,645€236,793€80,816€73,148▼ 9.5%
Distributable reserves133€84,279€162,645€236,793€80,816€73,148▼ 9.5%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€126,601€115,296€153,427€260,067€190,646▼ 26.7%
Amounts payable within one year42/48€126,601€114,848€153,220€256,882€186,973▼ 27.2%
Financial debts43----€8,438-
Credit institutions430/8----€8,438-
Trade debts44€84,876€76,559€126,059€125,081€67,321▼ 46.2%
Suppliers440/4€84,876€76,559€126,059€125,081€67,321▼ 46.2%
Taxes, remuneration and social security45€37,893€32,219€22,695€9,386€29,866▲ 218%
Taxes450/3€26,847€21,038€10,173€0€604-
Remuneration and social security454/9€11,046€11,181€12,522€9,386€29,262▲ 212%
Other amounts payable47/48€3,832€6,070€4,466€122,415€81,348▼ 33.5%
Accrued charges and deferred income492/3-€448€207€3,184€3,673▲ 15.4%
Line20212022202320242025Change
Profit (loss) for the period9904€85,079€79,166€74,949€114,023€73,148▼ 35.8%
+ Depreciation and write-downs630€1,211€264€324€940€940=
Operating cash flow (approximation)€86,290€79,430€75,272€114,964€74,089▼ 35.6%
Investment in fixed assets (approximation)-€0-€3,379€0€0-
Change in cash--€3,197€142,943-€57,518-€60,977▼ 6.0%

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00436425
31-12-2024 micro format 25-08-2025 2025-00399765
31-12-2023 micro format 23-04-2024 2024-00072985
31-12-2022 micro format 31-08-2023 2023-00398572
31-12-2021 micro format 17-08-2022 2022-20295667

Similar companies · same sector, comparable size

Of the 1,245 active companies whose main activity is retail sale of automotive fuel (NACE 47300), figures are known for 945. 768 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €13,781 awarded · €13,781 paid
Year Entries AwardedPaid
2025 1 €8,006€8,006
2024 1 €1,511€1,511
2023 1 €2,264€2,264
2022 1 €2,000€2,000
Schemes
2 entries · €9,517 · €9,517 paid · Departement Werk en Sociale Economie
1 entry · €2,264 · €2,264 paid · Fonds voor Innoveren en Ondernemen
1 entry · €2,000 · €2,000 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.