SMEB
ActiveThe computed 12-month bankruptcy probability of SMEB is 2.6% (moderate). The 2024 annual accounts show equity of €44k and a net result of €12k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 31% of 591 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-21
Solvency46▼-54
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.23 against 3.63 in 2023; short-term debt: 79.1% and cash: 3.8% of total assets), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
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 2024Solvency, return and age of the figures
Solvency
20.9%
Return on assets
5.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
31 d late
2022
110 d late
2021
32 d early
2020
59 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 35.6%
2023 · €9k
2018: €416
2019: €5k
2020: €-3k
2021: €7k
2022: €27k
2023: €9k
2018 → 2024
Working capital
€38k▲ 68.6%
2023 · €23k
2018: €8k
2019: €14k
2020: €14k
2021: €23k
2022: €20k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€20k▲ 53.0%€31k▲ 52.5%€32k▲ 3.1%€44k▲ 38.4%
Operating result€-3k-€7k€27k▲ 277%€8k▼ 70.2%€12k▲ 49.3%
Net result€-3k-€7k€27k▲ 293%€9k▼ 67.2%€12k▲ 35.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 49% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209k
Fixed assets
€6k▼ 37.6%
Current assets
€204k▲ 552%
Equity and liabilities €209k
Equity
€44k▲ 38.4%
Debt
€165k▲ 1,823%
The debt ratio rises from 21.4% to 79.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2023 · €12k
Cash flow
€16k▲
2023 · €12k
Solvency
20.9%▼
2023 · 78.6%
Current ratio
1.23▼
2023 · 3.63
Quick ratio
1.23▼
2023 · 3.63
Debt / equity
3.78▲
2023 · 0.27
ROE
27.8%▼
2023 · 28.3%
ROA
5.8%▼
2023 · 22.3%
Interest coverage
214.67▲
2023 · 44.26
Debt
€165k▲
2023 · €9k
Debt ≤ 1 year
€165k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€209k▲
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€7k€3k▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€31k€204k▲
Amounts receivable within one year40/41€27k€196k▲
Trade receivables40€2k€189k▲
Other amounts receivable41€25k€7k▼
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€40k€209k▲
Equity10/15€32k€44k▲
Contributions10/11€19k€19k=
Reserves13€13k€25k▲
Distributable reserves133€13k€25k▲
Amounts payable17/49€9k€165k▲
Amounts payable within one year42/48€9k€165k▲
Trade debts44-€165k
Suppliers440/4-€165k
Taxes, remuneration and social security45€604€604=
Taxes450/3€604€604=
Other amounts payable47/48€8k-
Income statement
Code20232024
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€367▼
Gross operating margin9900€15k€16k▲
Operating profit (loss)9901€8k€12k▲
Financial income75/76B€2k€216▼
Recurring financial income75€2k€216▼
Financial charges65/66B€261€72▼
Recurring financial charges65€261€72▼
Profit (loss) for the period before taxes9903€10k€12k▲
Income taxes67/77€604-
Profit (loss) for the period9904€9k€12k▲
Profit (loss) for the period to be appropriated9905€9k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€12k▲
Transfer to equity691/2€958€12k▲
To the legal reserve6920€958-
To other reserves6921-€12k
Profit to be distributed694/7€8k-
Directors or managers695€8k-
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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 144 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.63
Current ratio from 1.56 to 3.63; short-term debt falls from €36k to €9k.
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 110 days late
2022
31-12
Financial
Highest result since 2018net €27k ▲293%
Operating result €27k, net result €27k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet €-3k ▼166%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
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, Anderlecht · 1 establishment unit since 2017
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.
Birminghamstraat 3421070 AnderlechtGround area
76 m²
Building footprint
74 m²
Volume, LiDAR
921 m³
Parcel 21302A0521/00N005, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ALMERI VOYAGES
since 20172.262.421.367
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0521/00N005 | Brussels | 76 m² | 1 · 74 m² | 14.0 m · 4 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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ODYSSEA TRAVEL
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BE 0766.617.922
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BE 0803.114.468
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FABULA REIZEN-VOYAGES
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Voyages Sans Râleur
BE 1002.367.415
Mouscron · Eq €45k
Of 1,438 companies in sector 79110 we hold annual accounts for 880. 660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2017
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
46190Agents in non-specialised wholesale trade
47789Other retail sale of new goods
53100Postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.