Tom Smets
ActiveThe computed 12-month bankruptcy probability of Tom Smets is 2.6% (moderate). The annual accounts of Tom Smets for fiscal year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €8k and a net result of €-13k. Equity is growing by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 4422 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-79
Solvency52▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.46 in 2024; short-term debt: 53.9% and cash: 25.5% of total assets), and 73.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
-43.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
8 d late
2024
1 d early
2023
30 d late
2022
31 d late
2021
18 d late
2020
60 d early
2019
49 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 62.0%
2024 · €20k
2019: €3k
2020: €4k
2021: €10k
2022: €22k
2023: €16k
2024: €20k
2019 → 2025
Total assets
€29k▼ 42.2%
2024 · €50k
2019: €35k
2020: €34k
2021: €49k
2022: €68k
2023: €53k
2024: €50k
2019 → 2025
Net result
€-13k
2024 · €4k
2019: €2k
2020: €953
2021: €7k
2022: €14k
2023: €-4k
2024: €4k
2019 → 2025
Working capital
€384▼ 96.2%
2024 · €10k
2019: €6k
2020: €3k
2021: €1k
2022: €8k
2023: €-200
2024: €10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€22k▲ 127%€16k▼ 25.9%€20k▲ 25.1%€8k▼ 62.0%
Operating result€8k-€18k▲ 114%€-4k€4k€-12k
Net result€7k-€14k▲ 85.4%€-4k€4k€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€13k▼ 27.9%
Current assets
€16k▼ 50.2%
Equity and liabilities €29k
Equity
€8k▼ 62.0%
Debt
€21k▼ 28.6%
The debt ratio rises from 59.2% to 73.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €14k
Cash flow
€-3k▼
2024 · €14k
Solvency
26.8%▼
2024 · 40.8%
Current ratio
1.02▼
2024 · 1.46
Quick ratio
1.02▼
2024 · 1.46
Debt / equity
2.73▲
2024 · 1.45
ROE
-163.1%▼
2024 · 20.1%
ROA
-43.8%▼
2024 · 8.2%
Interest coverage
-16.27▼
2024 · 55.86
Debt
€21k▼
2024 · €30k
Debt ≤ 1 year
€16k▼
2024 · €22k
Debt > 1 year
€6k▼
2024 · €8k
Income taxes
€0▼
2024 · €6
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€50k€29k▼
Fixed assets21/28€18k€13k▼
Tangible fixed assets22/27€18k€13k▼
Plant, machinery and equipment23€8k€8k▼
Furniture and vehicles24€10k€5k▼
Current assets29/58€32k€16k▼
Amounts receivable within one year40/41€20k€8k▼
Trade receivables40€16k€1k▼
Other amounts receivable41€5k€7k▲
Cash at bank and in hand54/58€12k€7k▼
Deferred charges and accrued income490/1-€121
Equity and liabilities
Total equity and liabilities10/49€50k€29k▼
Equity10/15€20k€8k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€19k€7k▼
Amounts payable17/49€30k€21k▼
Amounts payable after more than one year17€8k€6k▼
Financial debts170/4€2k-
Other amounts payable178/9€6k€6k=
Amounts payable within one year42/48€22k€16k▼
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€2k€442▼
Remuneration and social security454/9€2k€600▼
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€2k€288▼
Gross operating margin9900€16k€-3k▼
Operating profit (loss)9901€4k€-12k▼
Financial income75/76B€0€21▲
Recurring financial income75€0€21▲
Financial charges65/66B€255€175▼
Recurring financial charges65€255€175▼
Profit (loss) for the period before taxes9903€4k€-13k▼
Income taxes67/77€6€0▼
Profit (loss) for the period9904€4k€-13k▼
Profit (loss) for the period to be appropriated9905€4k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€7k▼
Profit (loss) brought forward from the previous period14P€15k€19k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial
Weakest financial yearnet €-13k ▼409%
Net result drops to €-13k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2019net €14k ▲85.4%
Operating result €18k, net result €14k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Boutersem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Binnenhof 113370 BoutersemGround area
371 m²
Building footprint
80 m²
Volume, LiDAR
485 m³
Parcel 24016B0287/00Z003, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tom Smets
since 20192.287.495.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24016B0287/00Z003 | Flanders | 371 m² | 1 · 80 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,210 companies in sector 81300 we hold annual accounts for 4,360. 2,109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2019
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.