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Tom De Smet

Active
Private limited companyfounded 2009active for 17 yearsAbdijstraat 44, 9968 Assenede, BelgiumKBO/BCE: BE 0819.862.113
Summary

Tom De Smet has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €897,928. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 88% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-10-2009 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 2 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.182.268.980 9968 Assenede, since 19-10-2009
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.7m
▼ 11.1%
Turnover
≈ €3.0m
estimated
Profit
€897,928
▲ 2.4%
Equity
€4.0m
▲ 10.7%
Total assets
€4.8m
▲ 20.8%
Employees on 31-12-2025
4
▲ 33.3%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownlowers riskSize: 3.5 FTE, total assets €4.8mLiquidity: current ratio 4.06, cash €842,004Founded in 2009Figures for financial year 2025 (filed on 31-08-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.1% of total assets
Liquidity 68+3
short-term debt 15.9% · cash 17.7%
Profitability 92-5
return on assets 18.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.06 (6.57 in 2024), above the usual 1.5. Short-term debt is 15.9% and cash 17.7% of total assets. 15.9% 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 25, micro). It does better than 90% of them on solvency, 69% on liquidity, 83% on profitability and 60% on growth.

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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Signals

Five signals.
lowers riskraises risk
lowers risk · Size: 3.5 FTE, total assets €4.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.06, cash €842,004
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 31-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
1 day early
2023
5 days early
2022
30 days late
2021
19 days early
2020
3 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in fabricated metal productssector median €44,220 · 1,238 companies €897,928 View
  • Positive: 8 profitable years in a rowprofit 2025: €897,928 8 years View

Recent changes

  1. · Gazette deed Changes of role: DE SMET Tom Jerome Clara (director) and DE BAETS Filip Leon Helena (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Tom De Smet: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €4.3m and €6m, founded between 2004 and 2010.

CompanyTotal assetsGross margin
Tom De Smet Assenede€4.8m€1.7m
SEAQX Beveren-Kruibeke-Zwijndrecht€4.3m€1.4m
PW Equipment Wingene€5.9m€2.1m
MATRIXDECOR Tielt€6.0m€1.6m
CONSTRUCTIE V.B.W. Evergem€5.4m€1.4m
LMV CONSTRUCT Zonnebeke€4.5m€1.2m
GLESNER André SA Bastogne€4.4m€1.7m
Full comparison

Key facts about Tom De Smet

What is the company number of Tom De Smet?
The company number of Tom De Smet is 0819.862.113. The VAT number is the same number with BE in front: BE 0819.862.113.
Where is Tom De Smet based?
The registered office is at Abdijstraat 44, 9968 Assenede.Company details
What does Tom De Smet do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of Tom De Smet?
The legal form of Tom De Smet is Private limited company (BV).
When was Tom De Smet founded?
Tom De Smet was founded on 19-10-2009.
Is Tom De Smet still active?
Yes, Tom De Smet is an active enterprise in the KBO register.
How many employees does Tom De Smet have?
Tom De Smet had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Tom De Smet fall under?
In its 2025 annual accounts, Tom De Smet states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Tom De Smet?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €1.7m and 1,586 comparable companies of the same size. It probably lies between €2.0m and €4.9m. It is a rough estimate.
Is Tom De Smet profitable?
In financial year 2025, Tom De Smet made a profit of €897,928.
Where can I find the annual accounts of Tom De Smet?
Tom De Smet filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Tom De Smet due?
Tom De Smet must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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