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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Smet Carrosserie from Drogenbos, company number BE0414360442, closed financial year 2025 with a result of € -831,663 after tax. For that financial year De Smet Carrosserie recorded a gross margin of € 1.2 million and equity of € 128,442. Compared with financial year 2024, the result moved from € -453,770 to € -831,663. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 128,442
▼ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -831,663
▼ 83 % more loss than in 2024
Profit after tax over the fiscal year.
€ 944
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -833,558.
People and assets in 2025
20
▲ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 52% vs 2024
€ 74,600 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.
€ 16,807
▼ 19% vs 2024
Of which on lease € 3,149.
Debts at end 2025
€ 2.6 million
▲ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 850,073
▲ 171% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 265,105
▲ 82% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,157,150 | € 1,180,550 | € 914,415 | € 1,153,582 | ▲ 26% |
| Profit after taxes | € 121,400 | € 15,782 | € -453,770 | € -831,663 | ▼ € 377,893 |
| Equity | € 1,561,939 | € 1,550,998 | € 460,105 | € 128,442 | ▼ 72% |
| Total debts | € 2,457,008 | € 2,738,952 | € 2,555,811 | € 3,830,816 | ▲ 50% |
| Cash | € 118,136 | € 283,387 | € 533 | € 944 | ▲ 77% |
| Land & buildings | € 3,323,690 | € 3,310,211 | € 2,568,244 | € 2,512,749 | ▼ 2% |
| Retained profit | € 1,099,939 | € 1,088,998 | € -1,895 | € -833,558 | ▼ € 831,663 |
| Dividend | € 148,341 | € 26,722 | € 0 | € 0 | |
| Bank debt | € 1,566,751 | € 1,516,000 | € 2,048,586 | € 2,594,899 | ▲ 27% |
| Balance sheet total | € 4,097,816 | € 4,363,186 | € 3,194,400 | € 4,106,307 | ▲ 29% |
| Employees (FTE) | 16.1 | 14.2 | 14.2 | 20 | ▲ 5.8 |
Key figures of De Smet Carrosserie, 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 De Smet Carrosserie?
What happened at De Smet Carrosserie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VCO Management stepped down as director. NBB
- Frank Deroy stepped down as director. NBB
- Kevin Logist stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 831,663. Source: NBB ↗
- Claude Willaert stepped down as director. NBB
- Frank Deroy became a director. NBB
- Claude Willaert became a director. NBB
- VCO Management became a director. NBB
In short
From € 121,400 profit in 2022 to € 831,663 loss in 2025.
Paid € 23,545 in corporate taxes since 2022.
Best year ever: 2022, with € 121,400 profit.
On average € 57,700 of value added per employee in 2025.
A new publication or filing at De Smet Carrosserie? 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
The stake of WONDERGROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
De Smet CarrosserieThe shares are held by WONDERGROUP (100%).
Directors
According to the 2025 annual accounts
Claude Willaert
Director
since 2024 · until 2026
Director · represented by Olivier Van Crombrugge
Also active at: Wondercar Groot-Bijgaarden, WONDERGROUP, TRANSPORT CARE, Wonderauto
since 2024 · until 2030
Frank Deroy
Director
since 2026 · until 2030
Kevin Logist
Director
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dorent 38
1620 Drogenbos
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.360.442
- VAT number
- BE 0414.360.442
- Registered office
- Dorent 38, 1620 Drogenbos
- Names & denominations
- De Smet Carrosserie · D.S.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1974
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Onderhoud en reparatie van auto's
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)