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Transport De Smet

Active
Private limited companyfounded 1969active for 56 yearsGrote Baan 129, 9310 Aalst, BelgiumKBO/BCE: BE 0406.967.359
Summary

Transport De Smet has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €173,040. Equity is shrinking by about 6.4% per year across the filed financial years. Its solvency ranks better than 94% of 2,379 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Transport De SmetActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
2nd oldest company in Aalst, Transport and storage sector3 sites
Size
≈ €1.8mturnover 2025, estimated
Staff
6.8 FTE
Equity
€1.4m
Profit
€173,040
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 44 days early5 deeds in the Belgian Official Gazette
Why 98raises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 8.70, cash €964,982Equity €1.4m (88.6% of total assets)Founded in 1969Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 88.6% of total assets
Liquidity 100+2
short-term debt 9.7% · cash 63.0%
Profitability 83+1
return on assets 11.3%
Bankruptcy probability, 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 1.9% (9,095 companies, NACE 49, micro)
Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● unchanged vs 11-2024highest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 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%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged 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%● unchanged 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 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.7, compared with 6.17 in 2024, above the usual 1.5; short-term debt: 9.7% and cash: 63% of total assets), and 11.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 92% on solvency, 98% on liquidity, 71% on profitability and 61% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.70, cash €964,982
NBB · annual accounts
lowers risk · Equity €1.4m (88.6% of total assets)
NBB · annual accounts
lowers risk · Founded in 1969
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.4m
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
43 days early
2023
6 days early
2022
35 days early
2021
85 days late
2020
11 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €173,040 ▲19.8%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 6% on solvencysector median 39.1% · 2,379 companies 88.6% View
  • Positive: 8 profitable years in a rowprofit 2025: €173,040 8 years View
  • Active since 1969founded 31-12-1969 56 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Profit
€173,040
Solvency
88.6%
Total assets▲ 10.2%
Net result
20182025
Go to Financials

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 25-07-2024Annual accounts filed
  2. 31-12-2023Liquidity more than doubled
  3. 31-12-2023Equity above €1m
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
31-12-1969
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Transport De Smet

What is the company number of Transport De Smet?
0406.967.359. In Belgium the VAT number is the company number with BE in front: BE 0406.967.359.
Where is Transport De Smet based?
The registered office is at Grote Baan 129, 9310 Aalst.Company details
What does Transport De Smet do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Transport De Smet?
Private limited company (BV).
When was Transport De Smet founded?
On 31-12-1969.
Is Transport De Smet still active?
Yes, Transport De Smet is an active enterprise in the KBO register.
How many employees does Transport De Smet have?
On average 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Transport De Smet?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Transport De Smet profitable?
In financial year 2025, Transport De Smet made a profit of €173,040.
Where can I find the annual accounts of Transport De Smet?
Transport De Smet filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Transport De Smet due?
By 31-07-2027, for financial year 2026.Timeline

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