Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
S.M.E.G. from Gent, company number BE0415105362, closed financial year 2024 with a result of € -22,868 after tax. For that financial year S.M.E.G. recorded a gross margin of € -23,809 and equity of € -1.3 million. Compared with financial year 2023, the result moved from € -998,169 to € -22,868. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2025.
€ -1.3 million
▼ € 22,868 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,868
▲ 98 % less loss than in 2023
Profit after tax over the fiscal year.
€ 10,752
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1 million
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 35,798
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 95,648 | € 276,363 | - | € -23,809 | |
| Profit after taxes | € -1,652,844 | € 123,081 | € -998,169 | € -22,868 | ▲ € 975,301 |
| Equity | € -359,878 | € -236,797 | € -1,234,966 | € -1,257,834 | ▼ € 22,868 |
| Total debts | € 2,264,439 | € 1,261,761 | € 1,261,761 | € 1,259,140 | |
| Cash | € 116,436 | € 38,445 | € 38,285 | € 10,752 | ▼ 72% |
| Retained profit | € -905,246 | € -782,165 | € -1,780,334 | € -1,803,202 | ▼ € 22,868 |
| Balance sheet total | € 1,904,561 | € 1,036,454 | € 38,285 | € 12,796 | ▼ 67% |
Key figures of S.M.E.G., fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to S.M.E.G.?
What happened at S.M.E.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
S.M.E.G. is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 22,868. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million loss in 2022 to € 22,868 loss in 2024.
Paid € 457 in corporate taxes since 2022.
Best year ever: 2023, with € 123,081 profit.
Management
Behind S.M.E.G. is Portelio Advocaten BV. Portelio Advocaten BV is also behind KAAG Management and SOTIAUX INTERNATIONAL.
Directors
According to the 2024 annual accounts
Liquidator · represented by Matthias Gesquière
Also active at: KAAG Management, SOTIAUX INTERNATIONAL
Establishments
Establishment units
Physical locations of this company
Scheepzatestraat 94
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.105.362
- VAT number
- BE 0415.105.362
- Registered office
- Scheepzatestraat 94, 9000 Gent
- Names & denominations
- S.M.E.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 26 April 1975
- Peppol
- Not registered
- Activities · NACE
Opslag
Overige opslag