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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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Busy address KBO
98 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SMT Africa from Elsene, company number BE0415894032, closed financial year 2025 with a result of € 14 million after tax. For that financial year SMT Africa recorded revenue of € 343.2 million and equity of € 85.8 million. Compared with financial year 2024, the result moved from € 12.5 million to € 14 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 85.8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14 million
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 6.5 million
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
71 % of the profit went to the shareholders, mostly to SMT HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
103.8
▲ 13.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▲ 5% vs 2024
€ 94,700 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.
€ 98,660
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40.6 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 157.8 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 182 days on average.
€ 1.9 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 231,456,376 | € 276,754,878 | € 305,927,817 | € 343,236,497 | ▲ 12% |
| Profit after taxes | € 6,399,638 | € 7,598,670 | € 12,469,328 | € 14,047,752 | ▲ 13% |
| Equity | € 61,651,205 | € 69,249,874 | € 81,719,202 | € 85,766,954 | ▲ 5% |
| Total debts | € 187,677,583 | € 195,091,531 | € 195,678,732 | € 214,812,555 | ▲ 10% |
| Cash | € 26,774,026 | € 9,115,688 | € 7,502,221 | € 6,500,469 | ▼ 13% |
| Land & buildings | € 519,997 | € 949,711 | € 1,124,323 | € 1,100,684 | ▼ 2% |
| Retained profit | € 28,517,869 | € 36,116,538 | € 48,585,866 | € 52,633,618 | ▲ 8% |
| Dividend | € 0 | € 0 | € 0 | € 10,000,000 | |
| Bank debt | € 27,900,694 | € 37,030,127 | € 40,805,085 | € 40,586,329 | ▼ 1% |
| Balance sheet total | € 251,466,346 | € 266,398,229 | € 278,648,362 | € 302,076,664 | ▲ 8% |
| Employees (FTE) | 79 | 83.2 | 90.3 | 103.8 | ▲ 13.5 |
Key figures of SMT Africa, 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 SMT Africa?
What happened at SMT Africa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ODJA SRL stepped down as director. NBB
- YAS Consulting SRL stepped down as director. NBB
- EERO SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14 million (▲ 13% vs 2024). Source: NBB ↗
- YAS Consulting SRL became a director. NBB
- ODJA SRL became a director. NBB
- EERO SRL became a director. NBB
- New establishment in Elsene. KBO
In short
From € 6.4 million profit in 2022 to € 14 million profit in 2025.
Paid € 12.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 14 million profit.
Paid out € 10 million in dividends to the owners in total.
Management
The stake of SMT HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMT AfricaThe shares are held by SMT HOLDING (100%). It owns 100% of SMT Cameroun, 100% of SMT Mauritanie, 100% of SMT Ghana, 100% of SMT Afrique, 100% of EPD and 100% of SMT Bénin itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Christophe Blazère
since 2024 · until 2029
since 2021 · until 2027
since 2023 · until 2029
Shareholders
100%
Participations
SMT Cameroun
100%
SMT Mauritanie
100%
SMT Ghana
100%
SMT Afrique
100%
EPD
100%
SMT Bénin
100%
SMT Togo
100%
SMT RDC
100%
SMT Burkina Faso
100%
SMT Guinée
100%
SMT Congo
100%
SMT Equipement Maroc
100%
SMT Mali
100%
SMT Senegal
100%
SMT Gabon
100%
100%
SMT Algerie
100%
SMT Côte d'Ivoire
50%
SMT Nigeria
49%
Establishments
Establishment units
Physical locations of this company
Arnaud Fraiteurlaan 15-23
1050 Elsene
Schomhoeveweg 5
2030 Antwerpen
Active since 1 March 1976
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 98 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.894.032
- VAT number
- BE 0415.894.032
- Registered office
- Arnaud Fraiteurlaan 15-23, 1050 Elsene
- Names & denominations
- SMT Africa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1976
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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