JEAN DE SMET
ActiveSummary
JEAN DE SMET has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €394k and a net result of €37k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▼-39
Solvency73▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.32 in 2023; short-term debt: 35.4% and cash: 13.3% of total assets), but 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
16 d early
2022
49 d early
2021
38 d early
2020
33 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€394k▲ 10.3%
2023 · €358k
2018: €256k
2019: €341k
2020: €216k
2021: €236k
2022: €341k
2023: €358k
2018 → 2024
Total assets
€820k▲ 23.9%
2023 · €662k
2018: €530k
2019: €581k
2020: €400k
2021: €463k
2022: €655k
2023: €662k
2018 → 2024
Net result
€37k▼ 67.5%
2023 · €114k
2018: €28k
2019: €86k
2020: €68
2021: €20k
2022: €128k
2023: €114k
2018 → 2024
Working capital
€208k▼ 37.8%
2023 · €335k
2018: €194k
2019: €277k
2020: €163k
2021: €247k
2022: €321k
2023: €335k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€216k-€236k▲ 9.1%€341k▲ 44.7%€358k▲ 4.7%€394k▲ 10.3%
Operating result€4k-€78k▲ 1,643%€208k▲ 166%€200k▼ 4.2%€87k▼ 56.6%
Net result€68-€20k▲ 28,812%€128k▲ 555%€114k▼ 11.4%€37k▼ 67.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €820k
Fixed assets
€321k ▲ 338%
Current assets
€499k ▼ 15.2%
Equity and liabilities €820k
Equity
€394k ▲ 10.3%
Debt
€426k ▲ 39.8%
Debt's share of the balance-sheet total rises from 46.0% to 51.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110k▼
2023 · €228k
Cash flow
€60k▼
2023 · €142k
Current ratio
1.72▼
2023 · 2.32
Quick ratio
1.72▼
2023 · 2.32
Debt to equity
1.08▲
2023 · 0.85
ROE
9.4%▼
2023 · 31.8%
ROA
4.5%▼
2023 · 17.2%
Interest coverage
2.74▼
2023 · 5.52
Debt ≤ 1 year
€291k▲
2023 · €254k
Debt > 1 year
€120k▲
2023 · €51k
Income taxes
€14k▼
2023 · €48k
Staff costs
€159k▲
2023 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€662k€820k▲
Fixed assets21/28€73k€321k▲
Intangible fixed assets21-€10k
Tangible fixed assets22/27€73k€311k▲
Land and buildings22-€150k
Plant, machinery and equipment23€32k€24k▼
Furniture and vehicles24€42k€119k▲
Assets under construction and advance payments27-€18k
Current assets29/58€589k€499k▼
Stocks and contracts in progress3€161€97▼
Stocks30/36€161€97▼
Amounts receivable within one year40/41€336k€376k▲
Trade receivables40€302k€315k▲
Other amounts receivable41€34k€61k▲
Cash at bank and in hand54/58€247k€109k▼
Deferred charges and accrued income490/1€5k€14k▲
Equity and liabilities
Total equity and liabilities10/49€662k€820k▲
Equity10/15€358k€394k▲
Reserves13€358k€394k▲
Distributable reserves133€358k€394k▲
Amounts payable17/49€305k€426k▲
Amounts payable after more than one year17€51k€120k▲
Financial debts170/4€51k€120k▲
Amounts payable within one year42/48€254k€291k▲
Current portion of amounts payable after more than one year42€15k€24k▲
Trade debts44€211k€234k▲
Suppliers440/4€211k€234k▲
Taxes, remuneration and social security45€27k€29k▲
Taxes450/3€1k€481▼
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€1k€3k▲
Accrued charges and deferred income492/3-€15k
Income statement
Code20232024
Remuneration, social security and pensions62€149k€159k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€23k▼
Other operating charges640/8€4k€35k▲
Gross operating margin9900€380k€303k▼
Operating profit (loss)9901€200k€87k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€41k€40k▼
Recurring financial charges65€41k€40k▼
Profit (loss) for the period before taxes9903€162k€51k▼
Income taxes67/77€48k€14k▼
Profit (loss) for the period9904€114k€37k▼
Profit (loss) for the period to be appropriated9905€114k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€37k▼
Transfer to equity691/2€114k€37k▼
To other reserves6921€114k€37k▼
Social balance
Average headcount (FTE)90873.23.2=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €128k ▲555%
Operating result €208k, net result €128k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €68 ▼99.9%
Net result drops to €68, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lennik · 1 establishment unit since 2000
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.
Karel Keymolenstraat 271750 LennikGround area
12.0 ha
Building footprint
6,916 m²
Volume, LiDAR
70,887 m³
2 parcels, Brussels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Werkhuizenkaai 22-23, 1000 Brussel
since 20002.100.806.796
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813E0110/00G002 | Brussels | 12.0 ha | 1 · 6,817 m² | 11.7 m · 3 fl. |
| 23072E0044/00F000 | Flanders | 543 m² | 1 · 99 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 483 EUR awarded · 483 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 483 EUR | 483 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.100.806.796
Legal Entity Identifier
254900H3NCWWZ6HID337
Similar companies · same sector, comparable size
LUPUS SPORTMANAGEMENT
BE 0686.978.447
Gent · Eq €392,501
Krüger Benelux
BE 0460.552.436
Zoersel · Eq €387,365
Davy
BE 0666.589.938
Oostrozebeke · Eq €387,175
LAUCODI
BE 0831.384.327
Zulte · Eq €402,022
Super-Versmarkt M & V
BE 0675.641.820
Maaseik · Eq €385,575
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 397 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46319Wholesale of fruit and vegetables, excluding potatoes
46391Wholesale trade
46392Non-specialised wholesale
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.