Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SMITS MARGO from Wijnegem, company number BE0817867772, closed financial year 2025 with a result of € -29,019 after tax. For that financial year SMITS MARGO recorded a gross margin of € 15,044 and equity of € -222,931. Compared with financial year 2024, the result moved from € -1,023 to € -29,019. 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 July 10, 2026.
€ -222,931
▼ € 29,020 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,019
▼ 2735 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,362
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -278,931.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 39,854
▲ 41% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 70,000
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 12,041
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,118
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,101 | € 45,435 | € 40,792 | € 15,044 | ▼ 63% |
| Profit after taxes | € 1,151 | € -6,977 | € -1,023 | € -29,019 | ▼ € 27,996 |
| Equity | € -185,911 | € -192,888 | € -193,912 | € -222,931 | ▼ € 29,020 |
| Total debts | € 224,964 | € 227,171 | € 231,041 | € 242,006 | ▲ 5% |
| Cash | € 12,727 | € 12,349 | € 6,153 | € 1,362 | ▼ 78% |
| Land & buildings | € 14,610 | € 10,406 | € 7,947 | € 5,958 | ▼ 25% |
| Retained profit | € -241,911 | € -248,888 | € -249,912 | € -278,931 | ▼ € 29,019 |
| Bank debt | € 70,000 | € 70,000 | € 77,099 | € 70,000 | ▼ 9% |
| Balance sheet total | € 39,053 | € 34,283 | € 37,129 | € 19,075 | ▼ 49% |
Key figures of SMITS MARGO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SMITS MARGO?
What happened at SMITS MARGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,020. Source: NBB ↗
- New establishment in Schilde. KBO
- Margo Smits became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,151 profit in 2022 to € 29,020 loss in 2025.
Paid € 460 in corporate taxes since 2022.
Best year ever: 2022, with € 1,151 profit.
A new publication or filing at SMITS MARGO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Margo Smits
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Jan Baptist Pittoorsstraat 13
2110 Wijnegem
Schutbocht 1
2970 Schilde
Active since 4 August 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0817.867.772
- VAT number
- BE 0817.867.772
- Registered office
- Jan Baptist Pittoorsstraat 13, 2110 Wijnegem
- Names & denominations
- SMITS MARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2009
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Activiteiten van overige sportclubs
Overige sportactiviteiten, neg
Cafés en bars