Financials
Financial year 2025
SMET-JET from Westerlo, company number BE0414321345, closed financial year 2025 with a result of € -118,517 after tax. For that financial year SMET-JET recorded revenue of € 15.9 million and equity of € 396,423. Compared with financial year 2024, the result moved from € 80,412 to € -118,517. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 396,423
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -118,517
▼ still € 80,412 profit in 2024
Profit after tax over the fiscal year.
€ 126,346
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
People and assets in 2025
138.6
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.6 million
▲ 6% vs 2024
€ 61,800 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.
€ 4.8 million
▼ 8% vs 2024
Of which on lease € 3.7 million.
Debts at end 2025
€ 5.9 million
€ 680,587 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2.3 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.
€ 1.5 million
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,606,817 | € 15,762,189 | € 15,689,763 | € 15,946,487 | ▲ 2% |
| Profit after taxes | € -12,535 | € 97,638 | € 80,412 | € -118,517 | ▼ € 198,929 |
| Equity | € 336,890 | € 434,528 | € 514,940 | € 396,423 | ▼ 23% |
| Total debts | € 10,232,651 | € 8,360,281 | € 9,789,775 | € 10,268,419 | ▲ 5% |
| Cash | € 1,121,642 | € 99,619 | € 262,996 | € 126,346 | ▼ 52% |
| Retained profit | € -2,615,110 | € -2,517,472 | € -2,437,060 | € -2,555,577 | ▼ € 118,517 |
| Bank debt | € 6,908,456 | € 5,136,841 | € 5,940,981 | € 5,913,810 | |
| Balance sheet total | € 10,614,541 | € 8,869,809 | € 10,379,716 | € 10,709,842 | ▲ 3% |
| Employees (FTE) | 149 | 145.8 | 135.3 | 138.6 | ▲ 3.3 |
Key figures of SMET-JET, 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 SMET-JET?
What happened at SMET-JET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Management & Investment Company NV stepped down as director. NBB
- Annick Reynders stepped down as director. NBB
- James Smet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 118,517 (▼ € 198,929 vs 2024). filed late Source: NBB ↗
- Management & Investment Company NV became a director. NBB
- Annick Reynders became a director. NBB
- James Smet became a director. NBB
- New establishment in Courcelles. KBO
In short
From € 12,535 loss in 2022 to € 118,517 loss in 2025.
Paid € 10 in corporate taxes since 2022.
Best year ever: 2023, with € 97,638 profit.
Pays suppliers within 123 days on average.
Management
The stake of JAMJULEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMET-JETThe shares are held by JAMJULEST (82.7%).
Directors
According to the 2025 annual accounts
Management & Investment Company NV
Managing director · represented by Philip Smet
Also active at: ATOX, SMET JET CHEMICAL CLEANING
since 2022 · until 2028
Annick Reynders
Director
Also active at: Transport Wayfarer, ATOX, VAN HECK, ONROERENDE EN ROERENDE INVESTERINGSCOMPAGNIE BELGIUM, SMET JET CHEMICAL CLEANING
since 2022 · until 2028
since 2022 · until 2028
Shareholders
82.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 3
2260 Westerlo
Rue de Hainaut(CO) 1
6180 Courcelles
Active since 1 January 1981
Pottenbakkersstraat 11
8400 Oostende
Active since 1 July 1974
Rue des Tuiliers 2
4480 Engis
Active since 1 July 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Transport Wayfarer same network
€ 56,176 gross margin · 2025
ATOX same network
€ 1.6 million gross margin · 2025
VAN HECK same network
€ 8,531 gross margin · 2025
SMET JET CHEMICAL CLEANING same network
€ -34,088 gross margin · 2025
BN
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.321.345
- VAT number
- BE 0414.321.345
- Registered office
- Nijverheidsstraat 3, 2260 Westerlo
- Names & denominations
- SMET-JET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1974
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Overige reiniging van gebouwen; industriële reiniging
Industriële reiniging