Financials
Financial year 2025
Magasins Eugène Schmidt et Cie from Jette, company number BE0402654324, closed financial year 2025 with a result of € 296,959 after tax. For that financial year Magasins Eugène Schmidt et Cie recorded a gross margin of € 1.2 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 468,856 to € 296,959. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 3.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 296,959
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 315,789 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 602,461
▲ 2% vs 2024
€ 56,800 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.
€ 142,681
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36,953
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,362
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,592,951 | € 1,533,602 | € 1,348,750 | € 1,195,878 | ▼ 11% |
| Profit after taxes | € 650,026 | € 630,724 | € 468,856 | € 296,959 | ▼ 37% |
| Equity | € 3,251,947 | € 3,619,513 | € 3,825,211 | € 3,806,381 | |
| Total debts | € 1,172,955 | € 1,135,466 | € 1,287,973 | € 1,564,283 | ▲ 21% |
| Cash | € 1,953,948 | € 2,492,069 | € 2,556,163 | € 2,815,962 | ▲ 10% |
| Land & buildings | € 385,739 | € 371,648 | € 357,557 | € 343,466 | ▼ 4% |
| Retained profit | € 2,332,147 | € 2,699,713 | € 2,905,410 | € 2,886,580 | ▼ 1% |
| Dividend | € 184,211 | € 263,158 | € 263,158 | € 315,789 | ▲ 20% |
| Balance sheet total | € 4,424,903 | € 4,754,979 | € 5,113,184 | € 5,370,664 | ▲ 5% |
| Employees (FTE) | 10.6 | 9.4 | 11.2 | 10.6 | ▼ 0.6 |
Key figures of Magasins Eugène Schmidt et Cie, 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 Magasins Eugène Schmidt et Cie?
What happened at Magasins Eugène Schmidt et Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier De Boe stepped down as director. NBB
- Martin De Boe stepped down as director. NBB
- Philippe Willem stepped down as director. NBB
- Fabienne Yannart stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 296,959 (▼ 37% vs 2024). Source: NBB ↗
- Martin De Boe became a director. NBB
- Philippe Willem became a director. NBB
- Fabienne Yannart became a director. NBB
In short
From € 650,026 profit in 2022 to € 296,959 profit in 2025.
Paid € 894,142 in corporate taxes since 2022.
Best year ever: 2022, with € 650,026 profit.
On average € 112,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Olivier De Boe
Director
since 2016 · until 2029
Martin De Boe
Managing director
since 2022 · until 2029
Philippe Willem
Director
since 2016 · until 2029
Fabienne Yannart
Director
since 2016 · until 2029
Establishments
Establishment units
Physical locations of this company
Pannenhuisstraat 215
1090 Jette
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0402.654.324
- VAT number
- BE 0402.654.324
- Registered office
- Pannenhuisstraat 215, 1090 Jette
- Names & denominations
- Magasins Eugène Schmidt et Cie
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 21 Oct 2025
- Contact
- schmidtwood.be
- Activities · NACE
Zagen en schaven van hout
Groothandel in hout