Financials
Financial year 2025
SMALS from Sint-Gillis (bij-Brussel), company number BE0406798006, closed financial year 2025 with a result of € 0 after tax. For that financial year SMALS recorded revenue of € 578.9 million and equity of € 0. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. 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 June 17, 2026.
€ 0
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 78.9 million
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
2,222.6
▲ 84.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 260.7 million
▲ 6% vs 2024
€ 117,300 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.
€ 773,824
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 105,555
▼ 54% vs 2024
Loans from banks and other lenders, long and short.
€ 39.4 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 54.2 million
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 439,518,806 | € 515,556,116 | € 573,623,499 | € 578,866,778 | ▲ 1% |
| Total debts | € 198,681,885 | € 211,417,292 | € 229,884,622 | € 238,043,667 | ▲ 4% |
| Cash | € 69,734,281 | € 67,430,371 | € 95,822,141 | € 78,867,900 | ▼ 18% |
| Land & buildings | € 1,475,042 | € 1,253,042 | € 1,031,043 | € 919,913 | ▼ 11% |
| Bank debt | € 535,930 | € 384,679 | € 227,487 | € 105,555 | ▼ 54% |
| Balance sheet total | € 234,285,890 | € 255,071,189 | € 279,332,558 | € 288,231,196 | ▲ 3% |
| Employees (FTE) | 1,991.6 | 2,048 | 2,138.5 | 2,222.6 | ▲ 84.1 |
Key figures of SMALS, 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 SMALS?
What happened at SMALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ilse Waumans stepped down as director. NBB
- Karine Moykens stepped down as director. NBB
- Bart Ketels stepped down as director. NBB
- Pedro Facon stepped down as director. NBB
- Karen De Sutter stepped down as director. NBB
- Johan Van der Bruggen stepped down as director. NBB
- Frederic Kubben stepped down as director. NBB
- Steven Janssen stepped down as director. NBB
In short
From € 0 profit in 2022 to € 0 profit in 2025.
Pays suppliers within 47 days on average.
Management
Directors
According to the 2025 annual accounts
since 2026 · until 2030
Anne Kirsch
Director
since 2025 · until 2029
since 2026 · until 2030
Bart Ketels
Director
since 2026 · until 2030
Francis Vyncke
Director
since 2025 · until 2029
Stijn De Wilde
Director
since 2025 · until 2029
Pedro Facon
Director
since 2026 · until 2030
Karen De Sutter
Director
since 2026 · until 2030
since 2025 · until 2029
Jean-Marc Vandenbergh
Director
since 2025 · until 2029
Johan Van der Bruggen
Director
since 2026 · until 2030
Frederic Kubben
Director
since 2026 · until 2030
Vincent Mahieu
Director
since 2025 · until 2029
Steven Janssen
Director
since 2026 · until 2030
Koen Snyders
Vice-chairman of the board
Also active at: Sociale Individuele Gegevens - Données Individuelles Sociales
since 2026 · until 2030
Anne Vander Stappen
Director
since 2026 · until 2030
Pascale Lambin
Director
since 2025 · until 2029
Frank Robben
Managing director
Also active at: Familiehulp, Familiehulp kinderopvang De Speelboom, Kinderdagverblijf Mezennestje, EGOV SELECT, Envia Waas, Familiehulp Goed Wonen
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Fonsnylaan 20
1060 Sint-Gillis (bij-Brussel)
Avenue Jean Dupuis 1
6010 Charleroi
Active since 10 February 1940
Industrielaan 25
1070 Anderlecht
Active since 1 October 2005
Willebroekkaai 38
1000 Brussel
Active since 15 December 2012
Eedverbondkaai 41
9000 Gent
Active since 1 November 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.798.006
- VAT number
- BE 0406.798.006
- Registered office
- Fonsnylaan 20, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- SMALS
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 February 1940
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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