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WILLY SMETS

Active
Private limited companyfounded 1982active for 43 yearsPotterijstraat 3, 3300 Tienen, BelgiumKBO/BCE: BE 0423.243.860

From the official registers: KBO 43 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WILLY SMETS has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €803,988 and a net result of -€72,097. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 84% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 13-12-1982 Normal situation
Legal form
Private limited company
Registered office
Potterijstraat 3, 3300 Tienen
Activity
Wholesale trade NACE 46360and 1 other
Establishment units
5 establishment units
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Board
  • Smets WernerDirector
  • Swartenbroeckx JohanDirector

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€471,865
▼ 34.1%
Turnover
≈ €2.9m
estimated
Loss
€72,097
Equity
€803,988
▼ 8.2%
Total assets
€971,577
▼ 17.0%
Staff
13.5 FTE
=
2025 accounts filed 61 days after the deadline
Filed on 30-09-2026at the National Bank
Score breakdownraises riskLoss of €72,097 (financial year 2025)Last filed accounts filed 61 days late; 3 of the last 3 accounts latelowers riskFounded in 1982Equity €803,988 (82.8% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 100=
equity 82.8% of total assets
Liquidity 74-12
short-term debt 16.0% · cash 22.4%
Profitability 9-72
return on assets -7.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.1%▼ -0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 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%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points 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 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.93 (3.37 in 2024), above the usual 1.5. Short-term debt is 16% and cash 22.4% of total assets. 17.2% 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 46, micro). It does better than 90% of them on solvency, 78% on liquidity, 16% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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
raises risk · Loss of €72,097 (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1982
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 · Equity €803,988 (82.8% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 days late
2024
61 days late
2023
97 days late
2022
on the day
2021
31 days early
2020
1 day early
2019
32 days 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 22 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 September (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Caution: From profit to loss in 2025after a profit of €112,569 in 2024 -€72,097 View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €5,660 · 13,722 companies -€72,097 View

Documents

Annual accounts at the NBB

All 43 annual accounts

Articles and registers

Key facts about WILLY SMETS

What is the company number of WILLY SMETS?
The company number of WILLY SMETS is 0423.243.860. The VAT number is the same number with BE in front: BE 0423.243.860.
Where is WILLY SMETS based?
The registered office is at Potterijstraat 3, 3300 Tienen.Company details
What does WILLY SMETS do?
According to the KBO register, the main activity is wholesale trade (NACE 46360).
What is the legal form of WILLY SMETS?
The legal form of WILLY SMETS is Private limited company (BV).
When was WILLY SMETS founded?
WILLY SMETS was founded on 13-12-1982.
Is WILLY SMETS still active?
Yes, WILLY SMETS is an active enterprise in the KBO register.
How many employees does WILLY SMETS have?
WILLY SMETS had an average of 13.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WILLY SMETS?
The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €471,865 and 30 comparable companies (NACE 463). It probably lies between €2.2m and €5.3m.
Is WILLY SMETS profitable?
In financial year 2025, WILLY SMETS made a loss of €72,097.
Where can I find the annual accounts of WILLY SMETS?
WILLY SMETS filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WILLY SMETS due?
WILLY SMETS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as WILLY SMETS: wholesale trade (NACE 46360). They are comparable in size and age: total assets between €683,000 and €1.3m, founded between 1980 and 1993.

CompanyTotal assetsGross margin
WILLY SMETS Tienen€1.0m€0.5m
STARSWEETS BELGIUM Leuven€1.2m€0.6m
Les Maîtres Aarschot€1.3m€0.5m
BAKKERIJ DONS - VERMEYLEN Aarschot€0.9m€0.7m
NAERT - DEGRANDE Ingelmunster€1.0m€0.3m
GICOPA Sprimont€0.7m€0.5m
MOKA D'OR Libramont-Chevigny€1.1m€0.8m
Full comparison

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