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SMT Africa

Active
Public limited companyfounded 197650 yrs activeArnaud Fraiteurlaan 15-23, 1050 Elsene, BelgiumKBO/BCE: BE 0415.894.032
Summary

SMT Africa has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85.8m and a net result of €14.0m. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 31% of 6033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
SMT AfricaActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111Wholesale trade NACE 46630
#7 company by total assets in Elsene, Wholesale and retail trade sector2 sites
Size
€343.2mturnover 2025
Staff
103.8 FTE
Equity
€85.8m
Profit
€14.0m
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
SMT HOLDING · 99.99%
Board
5 members
Holdings
19
Auditor: BDO Réviseurs d'Entreprises SRLAccounts 15 d early
Why 88- Liquidity: current ratio 1.14, cash €6.5m+ Founded in 1976+ Size: turnover €343.2m, 103.8 FTE, total assets €302.1m+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 46, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 53-1
equity 28.4% of total assets
Liquidity 15-1
short-term debt 70.7% · cash 2.2%
Profitability 54+11
return on assets 4.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.2%▼ -3.8% vs 01-2025 03-2025: 0.3%▲ +1.2% vs 02-2025 04-2025: 0.2%▼ -1.2% vs 03-2025 05-2025: 0.3%▲ +4.8% vs 04-2025 06-2025: 0.3%▲ +0.8% vs 05-2025 07-2025: 0.4%▲ +33.0% vs 06-2025highest value 08-2025: 0.2%▼ -43.3% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -4.0% vs 01-2026 03-2026: 0.2%▲ +1.6% vs 02-2026 04-2026: 0.2%▲ +2.1% vs 03-2026 05-2026: 0.2%▲ +5.1% vs 04-2026 06-2026: 0.2%▲ +2.9% vs 05-2026 07-2026: 0.2%▲ +0.5% vs 06-2026 08-2026: 0.2%▼ -14.4% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 1.14, cash €6.5m raises the probability
  • Founded in 1976 lowers the probability for this profile
  • Size: turnover €343.2m, 103.8 FTE, total assets €302.1m lowers the probability for this profile
  • Legal form Public limited company lowers the probability
Credit up to €7,500,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.14 in 2024; short-term debt: 70.7% and cash: 2.2% of total assets), and 71.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, medium-sized). Better than this share of them on solvency 35%, liquidity 15%, profitability 35%, growth against the median 68%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.14, cash €6.5m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1976
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €343.2m, 103.8 FTE, total assets €302.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
30 d early
2023
30 d early
2022
21 d early
2021
16 d early
2020
23 d early
2019
29 d 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 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €14.0m ▲12.7%
  3. Resignation: Banneret SRL (director)State Gazette act

Key points

  • Positive: Among the best 5% on net resultsector median €114,166 · 5,974 companies €14.0m View
  • Positive: 6 years of growth in a rowturnover 2025: €343.2m 6 years View
  • Controlled by SMT HOLDINGitself parent of 17 companies 99.99% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • A director leftlatest change 16-12-2025 · 5 in office 1 left View
  • Active since 1976founded 08-03-1976 50 years View

By topic

Financials

Fiscal year
2025
Turnover
€343.2m
Profit
€14.0m
Solvency
28.4%
Turnover▲ 12.2%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
SMT HOLDING · 99.99%
Auditor
BDO Réviseurs d'Entreprises SRL
Go to Board & ownership

Timeline

Events
71
Since
2011
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 16-12-2025Resignation: Banneret SRL (director)
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
08-03-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De vennootschap heeft als voorwerp om voor haar rekening of voor rekening van anderen…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies

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