What does GEDIMAT SMETS do?

GEDIMAT SMETS is a wholesaler in Meise. Private Limited, started on 17 November 1978, 1 establishment.

What is the address of GEDIMAT SMETS?

The registered office of GEDIMAT SMETS is located at Nieuwenrodestraat 13, 1861 Meise.

Is GEDIMAT SMETS still active?

Yes. According to the CBE (29 October 2026) GEDIMAT SMETS is active, legal situation “Normale toestand”, started on 17 November 1978.

Is GEDIMAT SMETS registered on Peppol?

Yes, GEDIMAT SMETS is registered on the Peppol network with ID 0208:0418893114.

What is the enterprise number of GEDIMAT SMETS?

The enterprise number of GEDIMAT SMETS is BE0418893114.

When was GEDIMAT SMETS founded?

GEDIMAT SMETS was founded on 17 November 1978.

Who are the directors of GEDIMAT SMETS?

According to the 2024 annual accounts, the directors of GEDIMAT SMETS are: FREDDY SMETS, CHRISTIANE TIMMERMANS, GEERT SMETS.

Is GEDIMAT SMETS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 November 1978; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did GEDIMAT SMETS make in 2024?

GEDIMAT SMETS posted a profit after taxes of € 41,878 in financial year 2024.

What is the revenue of GEDIMAT SMETS?

As a small company, GEDIMAT SMETS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 237,729.

How much does an employee at GEDIMAT SMETS earn?

The average wage cost per full-time employee at GEDIMAT SMETS was € 30,600 in 2024: staff costs of € 152,793 for 5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GEDIMAT SMETS have?

According to the 2024 annual accounts, GEDIMAT SMETS has 5 full-time equivalents (FTE).

GEDIMAT SMETS (Private Limited) - Meise - BE0418893114

Dossier GEDIMAT SMETS, printed on 29 October 2026 from databakkes.be/en/0418893114/gedimat-smets. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

GEDIMAT SMETS from Meise, company number BE0418893114, closed financial year 2024 with a result of € 41,878 after tax. For that financial year GEDIMAT SMETS recorded a gross margin of € 237,729 and equity of € 1.1 million. Compared with financial year 2023, the result moved from € 68,062 to € 41,878. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.

What it is worth Growing

€ 1.1 million

▲ 4% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 41,878

▼ 38% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 239,830

▼ 29% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 909,830.

People and assets in 2024

Full-time equivalents

▲ 0.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 152,793

▲ 28% vs 2023

€ 30,600 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.

Vehicles and equipment

€ 22,329

▼ 33% vs 2023

Of which on lease € 21,893.

Debts at end 2024

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 45,619

▼ 55% vs 2023

€ 13,322 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 121,223

▲ 224% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 11,512

▼ 86% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 300,030 Gross margin 2021: € 300,030 First fiscal year in the series	€ 451,390 Gross margin 2022: € 451,390 ▲ 50% vs 2021 (€ 300,030) Favourable step	€ 262,376 Gross margin 2023: € 262,376 ▼ 42% vs 2022 (€ 451,390) Unfavourable step	€ 237,729 Gross margin 2024: € 237,729 ▼ 9% vs 2023 (€ 262,376) Unfavourable step	▼ 9%
Profit after taxes	€ 33,360 Profit after taxes 2021: € 33,360 First fiscal year in the series	€ 191,858 Profit after taxes 2022: € 191,858 ▲ € 158,498 vs 2021 (€ 33,360) Favourable step	€ 68,062 Profit after taxes 2023: € 68,062 ▼ 65% vs 2022 (€ 191,858) Unfavourable step	€ 41,878 Profit after taxes 2024: € 41,878 ▼ 38% vs 2023 (€ 68,062) Unfavourable step	▼ 38%
Equity	€ 812,551 Equity 2021: € 812,551 First fiscal year in the series	€ 937,060 Equity 2022: € 937,060 ▲ 15% vs 2021 (€ 812,551) Favourable step	€ 1,016,692 Equity 2023: € 1,016,692 ▲ 8% vs 2022 (€ 937,060) Favourable step	€ 1,058,570 Equity 2024: € 1,058,570 ▲ 4% vs 2023 (€ 1,016,692) Favourable step	▲ 4%
Total debts	€ 416,807 Total debts 2021: € 416,807 First fiscal year in the series	€ 460,281 Total debts 2022: € 460,281 ▲ 10% vs 2021 (€ 416,807) Unfavourable step	€ 370,927 Total debts 2023: € 370,927 ▼ 19% vs 2022 (€ 460,281) Favourable step	€ 373,169 Total debts 2024: € 373,169 ▲ 1% vs 2023 (€ 370,927) Unfavourable step	▲ 1%
Cash	€ 205,425 Cash 2021: € 205,425 First fiscal year in the series	€ 371,756 Cash 2022: € 371,756 ▲ 81% vs 2021 (€ 205,425) Favourable step	€ 338,316 Cash 2023: € 338,316 ▼ 9% vs 2022 (€ 371,756) Unfavourable step	€ 239,830 Cash 2024: € 239,830 ▼ 29% vs 2023 (€ 338,316) Unfavourable step	▼ 29%
Land & buildings	€ 7,720 Land & buildings 2021: € 7,720 First fiscal year in the series	€ 61,978 Land & buildings 2022: € 61,978 ▲ € 54,258 vs 2021 (€ 7,720) Unchanged	€ 58,928 Land & buildings 2023: € 58,928 ▼ 5% vs 2022 (€ 61,978) Unchanged	€ 51,151 Land & buildings 2024: € 51,151 ▼ 13% vs 2023 (€ 58,928) Unchanged	▼ 13%
Retained profit	€ 663,811 Retained profit 2021: € 663,811 First fiscal year in the series	€ 788,320 Retained profit 2022: € 788,320 ▲ 19% vs 2021 (€ 663,811) Favourable step	€ 867,952 Retained profit 2023: € 867,952 ▲ 10% vs 2022 (€ 788,320) Favourable step	€ 909,830 Retained profit 2024: € 909,830 ▲ 5% vs 2023 (€ 867,952) Favourable step	▲ 5%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 67,349 Dividend 2022: € 67,349 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 67,349) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 123,995 Bank debt 2021: € 123,995 First fiscal year in the series	€ 139,402 Bank debt 2022: € 139,402 ▲ 12% vs 2021 (€ 123,995) Unfavourable step	€ 102,142 Bank debt 2023: € 102,142 ▼ 27% vs 2022 (€ 139,402) Favourable step	€ 45,619 Bank debt 2024: € 45,619 ▼ 55% vs 2023 (€ 102,142) Favourable step	▼ 55%
Balance sheet total	€ 1,229,358 Balance sheet total 2021: € 1,229,358 First fiscal year in the series	€ 1,397,341 Balance sheet total 2022: € 1,397,341 ▲ 14% vs 2021 (€ 1,229,358) Unchanged	€ 1,387,619 Balance sheet total 2023: € 1,387,619 ▼ 1% vs 2022 (€ 1,397,341) Unchanged	€ 1,431,739 Balance sheet total 2024: € 1,431,739 ▲ 3% vs 2023 (€ 1,387,619) Unchanged	▲ 3%
Employees (FTE)	4.5 Employees (FTE) 2021: 4.5 First fiscal year in the series	4.1 Employees (FTE) 2022: 4.1 ▼ 0.4 vs 2021 (4.5) Unchanged	4.7 Employees (FTE) 2023: 4.7 ▲ 0.6 vs 2022 (4.1) Unchanged	5 Employees (FTE) 2024: 5 ▲ 0.3 vs 2023 (4.7) Unchanged	▲ 0.3

Key figures of GEDIMAT SMETS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GEDIMAT SMETS?

What happened at GEDIMAT SMETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 10, 2025 New annual accounts for financial year 2024: profit of € 41,878 (▼ 38% vs 2023). filed late Source: NBB ↗
Nov 17, 1978 New establishment in Meise. KBO
Nov 17, 1978 Start of the company according to the CBE. KBO

In short

From € 33,360 profit in 2021 to € 41,878 profit in 2024.

Paid € 143,073 in corporate taxes since 2021.

Best year ever: 2022, with € 191,858 profit.

On average € 47,500 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

FREDDY SMETS CHRISTIANE TIMMERMANS GEERT SMETS

G. Smets en zoon Beheer

F. SMETS INVEST

GEDIMAT SMETS

Behind GEDIMAT SMETS are FREDDY SMETS, CHRISTIANE TIMMERMANS and GEERT SMETS. The same people are also behind F. SMETS INVEST. FREDDY SMETS is also behind G. Smets en zoon Beheer. GEERT SMETS is also behind G. Smets en zoon Beheer.

Directors

According to the 2024 annual accounts

FREDDY SMETS

Manager

Also active at: G. Smets en zoon Beheer, F. SMETS INVEST

CHRISTIANE TIMMERMANS

Associate

Also active at: F. SMETS INVEST

GEERT SMETS

Associate

Also active at: G. Smets en zoon Beheer, F. SMETS INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwenrodestraat 13

1861 Meise

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

G. Smets en zoon Beheer same network

€ 69,467 gross margin · 2025

F. SMETS INVEST same network

€ 34,169 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0418.893.114

VAT number

BE 0418.893.114

Registered office

Nieuwenrodestraat 13, 1861 Meise

Names & denominations

GEDIMAT SMETS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 November 1978

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten

Goederenvervoer over de weg

View on CBE Public ↗ Annual accounts (NBB) ↗

GEDIMAT SMETS

Financials

What happened to GEDIMAT SMETS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions