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 1 of the last 2 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SMH PROJECTS from Lokeren, company number BE0797319214, closed financial year 2024 with a result of € -15,531 after tax. For that financial year SMH PROJECTS recorded a gross margin of € -14,004 and equity of € -9,827. Compared with financial year 2023, the result moved from € 4,204 to € -15,531. 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 August 30, 2025.
€ -9,827
▼ € 15,531 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,531
▼ still € 4,204 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,327.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 22,033
▲ 17% vs 2023
Loans from banks and other lenders, long and short.
€ 711
▼ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 72,574
▲ 61% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 21,121 | € -14,004 | ▼ € 35,125 |
| Profit after taxes | € 4,204 | € -15,531 | ▼ € 19,735 |
| Equity | € 5,704 | € -9,827 | ▼ € 15,531 |
| Total debts | € 246,593 | € 95,318 | ▼ 61% |
| Retained profit | € 4,204 | € -11,327 | ▼ € 15,531 |
| Bank debt | € 18,758 | € 22,033 | ▲ 17% |
| Balance sheet total | € 252,297 | € 85,491 | ▼ 66% |
By gross margin, SMH PROJECTS ranks 16th of 17 companies with main activity “Administratieve en ondersteunende activiteiten ten behoeve van kantoren” in Lokeren that publish figures (fiscal year 2024).
Key figures of SMH PROJECTS, fiscal years 2023 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 31 July 2026.
Ask about SMH PROJECTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SMH PROJECTS?
What happened at SMH PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SMH PROJECTS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 15,531 (▼ € 19,735 vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
- Semih Erdönmez became a director. NBB
In short
From € 4,204 profit in 2023 to € 15,531 loss in 2024.
Paid € 15,407 in corporate taxes since 2023.
Best year ever: 2023, with € 4,204 profit.
Management
Behind SMH PROJECTS is Semih Erdönmez.
Directors
According to the 2024 annual accounts
Semih Erdönmez
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Mosten 12
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ERDÖNMEZ Semih(oprichter) 100%
Details
- Company number
- 0797.319.214
- VAT number
- BE 0797.319.214
- Registered office
- Mosten 12, 9160 Lokeren
- Names & denominations
- SMH PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 18 January 2023
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren