Skip to content

Transport De Smit Michaël

Active
Private limited companyfounded 2019active for 7 yearsHeyerstraat 6, 9160 Lokeren, BelgiumKBO/BCE: BE 0719.820.172
Summary

The computed 12-month bankruptcy probability of Transport De Smit Michaël is 2.6% (moderate). The 2025 annual accounts show equity of €14,643 and a net result of €4,534. Equity is shrinking by about 7.7% per year across the filed financial years. Its solvency ranks better than 51% of 5,822 sector peers (NACE 49, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Transport De Smit MichaëlActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€37,959total assets 2025
Equity
€14,643
Profit
€4,534
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Structure
  • zaakvoerderDirector
2025 accounts on time1 of 2 deeds summarised
Why 53raises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2019Liquidity: current ratio 1.40Size: total assets €37,959Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 64+20
equity 38.6% of total assets
Liquidity 45+23
short-term debt 53.7%
Profitability 84+84
return on assets 11.9%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 1.0%lowest value 12-2024: 1.1%▲ +0.1 percentage points vs 11-2024 01-2025: 4.4%▲ +3.3 percentage points vs 12-2024highest value 02-2025: 4.4%● unchanged vs 01-2025highest value 03-2025: 4.4%● unchanged vs 02-2025highest value 04-2025: 4.4%● unchanged vs 03-2025highest value 05-2025: 3.6%▼ -0.8 percentage points vs 04-2025 06-2025: 3.7%▲ +0.1 percentage points vs 05-2025 07-2025: 3.7%● unchanged vs 06-2025 08-2025: 3.7%● unchanged vs 07-2025 09-2025: 3.7%● unchanged vs 08-2025 10-2025: 3.8%▲ +0.1 percentage points vs 09-2025 11-2025: 3.7%▼ -0.1 percentage points vs 10-2025 12-2025: 3.6%▼ -0.1 percentage points vs 11-2025 01-2026: 3.9%▲ +0.3 percentage points vs 12-2025 02-2026: 3.1%▼ -0.8 percentage points vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.1%● unchanged vs 07-2026 09-2026: 3.1%● unchanged vs 08-2026 10-2026: 2.6%▼ -0.5 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, compared with 1.36 in 2024, below the usual 1.5; short-term debt: 53.7% of total assets), and 61.4% 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 51% on solvency, 45% on liquidity, 72% on profitability and 80% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.40
NBB · annual accounts
raises risk · Size: total assets €37,959
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
33 days early
2023
42 days early
2022
40 days early
2021
53 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 28 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end24-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €4,534
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €37,959 View

By topic

Financials

Financial year
2025
Total assets
€37,959
Profit
€4,534
Solvency
38.6%
Total assets▼ 27.9%
Net result
20202025
Go to Financials

Timeline

Events
11
Since
2021
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 20-12-2023Annual accounts filed
  3. 19-12-2023Resignation: zaakvoerder (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
05-02-2019
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Annual meeting
Third Tuesday of December
Purpose
“Vervoer over de weg en verhuisbedrijven; Reparties van producten van metaal,machines en…” (deed in Dutch)
Go to Articles of association

Key facts about Transport De Smit Michaël

What is the company number of Transport De Smit Michaël?
0719.820.172. In Belgium the VAT number is the company number with BE in front: BE 0719.820.172.
Where is Transport De Smit Michaël based?
The registered office is at Heyerstraat 6, 9160 Lokeren.Company details
What does Transport De Smit Michaël do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Transport De Smit Michaël?
Private limited company (BV).
When was Transport De Smit Michaël founded?
On 05-02-2019.
Is Transport De Smit Michaël still active?
Yes, Transport De Smit Michaël is an active enterprise in the KBO register.
What is the turnover of Transport De Smit Michaël?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Transport De Smit Michaël profitable?
In financial year 2025, Transport De Smit Michaël made a profit of €4,534.
Where can I find the annual accounts of Transport De Smit Michaël?
Transport De Smit Michaël filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Transport De Smit Michaël due?
By 31-01-2027, for financial year 2026.Timeline

Companies related to Transport De Smit Michaël

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure