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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PATRICK SMETS NV from Lier, company number BE0418022587, closed financial year 2025 with a result of € 475,565 after tax. For that financial year PATRICK SMETS NV recorded revenue of € 48.3 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 357,654 to € 475,565. 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 13, 2026.
€ 2.8 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 475,565
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 83,985
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
42 % of the profit went to the shareholders, mostly to LANACOM (100 % of the shares). That is where the money ends up.
People and assets in 2025
45.3
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 12% vs 2024
€ 86,200 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.
€ 104,699
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 8% vs 2024
€ 103,962 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 742,246
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,079,033 | € 52,543,898 | € 50,779,030 | € 48,319,252 | ▼ 5% |
| Profit after taxes | € 1,554,578 | € 1,128,099 | € 357,654 | € 475,565 | ▲ 33% |
| Equity | € 2,162,243 | € 2,490,342 | € 2,497,996 | € 2,773,561 | ▲ 11% |
| Total debts | € 11,298,902 | € 11,330,043 | € 9,069,866 | € 8,751,743 | ▼ 4% |
| Cash | € 827,731 | € 38,680 | € 138,975 | € 83,985 | ▼ 40% |
| Land & buildings | € 2,684,326 | € 2,549,830 | € 2,462,987 | € 2,601,720 | ▲ 6% |
| Retained profit | € 162,243 | € 490,342 | € 497,996 | € 773,561 | ▲ 55% |
| Dividend | € 1,475,000 | € 800,000 | € 350,000 | € 200,000 | ▼ 43% |
| Bank debt | € 3,410,195 | € 4,196,622 | € 4,769,122 | € 4,396,894 | ▼ 8% |
| Balance sheet total | € 13,868,869 | € 14,228,109 | € 12,035,586 | € 11,865,528 | ▼ 1% |
| Employees (FTE) | 37.4 | 38 | 42.2 | 45.3 | ▲ 3.1 |
Key figures of PATRICK SMETS NV, 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 PATRICK SMETS NV?
What happened at PATRICK SMETS NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Leau BV stepped down as director. NBB
- Lanacom BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 475,565 (▲ 33% vs 2024). Source: NBB ↗
- New establishment in Berlaar. KBO
- Leau BV became a director. NBB
- Lanacom BV became a director. NBB
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 475,565 profit in 2025.
Paid € 540,559 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
The stake of LANACOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PATRICK SMETS NVThe shares are held by LANACOM (100%).
Directors
According to the 2025 annual accounts
since 2009 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg 328
2500 Lier
Aarschotsebaan 296
2590 Berlaar
Active since 2 January 2026
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
- 0418.022.587
- VAT number
- BE 0418.022.587
- Registered office
- Aarschotsesteenweg 328, 2500 Lier
- Names & denominations
- PATRICK SMETS NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1978
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)