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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALGEMEEN BAANVERVOER FR. en G. DE SMEDT from Meise, company number BE0400667111, closed financial year 2025 with a result of € -20,950 after tax. For that financial year ALGEMEEN BAANVERVOER FR. en G. DE SMEDT recorded a gross margin of € 878,644 and equity of € 273,181. Compared with financial year 2024, the result moved from € 51,194 to € -20,950. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 273,181
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,950
▼ still € 51,194 profit in 2024
Profit after tax over the fiscal year.
€ 10,946
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 228,181.
People and assets in 2025
10.3
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 732,255
▲ 21% vs 2024
€ 71,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 633,160
▲ 37% vs 2024
Of which on lease € 622,007.
Debts at end 2025
€ 689,427
▲ 35% vs 2024
€ 132,450 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 191,211
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,478
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 495,337 | € 738,492 | € 817,740 | € 878,644 | ▲ 7% |
| Profit after taxes | € -52,450 | € 75,611 | € 51,194 | € -20,950 | ▼ € 72,144 |
| Equity | € 167,326 | € 242,937 | € 294,131 | € 273,181 | ▼ 7% |
| Total debts | € 733,680 | € 806,758 | € 844,912 | € 988,800 | ▲ 17% |
| Cash | € 12,676 | € 47,505 | € 90,862 | € 10,946 | ▼ 88% |
| Retained profit | € 122,326 | € 197,937 | € 249,131 | € 228,181 | ▼ 8% |
| Bank debt | € 421,804 | € 492,215 | € 510,411 | € 689,427 | ▲ 35% |
| Balance sheet total | € 901,006 | € 1,049,695 | € 1,139,043 | € 1,261,981 | ▲ 11% |
| Employees (FTE) | 8.7 | 9 | 9 | 10.3 | ▲ 1.3 |
Key figures of ALGEMEEN BAANVERVOER FR. en G. DE SMEDT, 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 ALGEMEEN BAANVERVOER FR. en G. DE SMEDT?
What happened at ALGEMEEN BAANVERVOER FR. en G. DE SMEDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,950 (▼ € 72,144 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Meise. KBO
In short
From € 52,450 loss in 2022 to € 20,950 loss in 2025.
Paid € 16,397 in corporate taxes since 2022.
Best year ever: 2023, with € 75,611 profit.
On average € 85,300 of value added per employee in 2025.
Management
Behind ALGEMEEN BAANVERVOER FR. en G. DE SMEDT is Guy De Smedt.
Directors
According to the 2025 annual accounts
Guy De Smedt
Director
Establishments
Establishment units
Physical locations of this company
Krogstraat 56
1860 Meise
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0400.667.111
- VAT number
- BE 0400.667.111
- Registered office
- Krogstraat 56, 1860 Meise
- Names & denominations
- ALGEMEEN BAANVERVOER FR. en G. DE SMEDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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