Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Smet-Gestion-Commerce from Nivelles, company number BE0422655823, closed financial year 2025 with a result of € 107,544 after tax. For that financial year Smet-Gestion-Commerce recorded revenue of € 1.4 million and equity of € 4 million. Compared with financial year 2024, the result moved from € -75,018 to € 107,544. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 4 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,544
▲ still € 75,018 loss in 2024
Profit after tax over the fiscal year.
€ 404,854
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 630,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 41,913
▼ 23% vs 2024
€ 41,900 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.
€ 104,052
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.6 million
▼ 17% vs 2024
€ 223,113 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 63,002
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,111
▲ 130% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 958,508 | € 1,230,480 | € 1,512,660 | € 1,355,159 | ▼ 10% |
| Gross margin | € 606,923 | € 578,177 | € 501,492 | € 818,778 | ▲ 63% |
| Profit after taxes | € -10,277 | € 113,527 | € -75,018 | € 107,544 | ▲ € 182,562 |
| Equity | € 4,506,505 | € 4,620,032 | € 4,545,014 | € 4,022,558 | ▼ 11% |
| Total debts | € 7,011,696 | € 7,576,606 | € 7,810,534 | € 7,839,714 | |
| Cash | € 766,475 | € 937,552 | € 241,706 | € 404,854 | ▲ 67% |
| Land & buildings | € 3,338,775 | € 3,315,030 | € 3,296,672 | € 4,798,399 | ▲ 46% |
| Retained profit | € 1,810,529 | € 1,924,056 | € 1,849,038 | € 1,326,582 | ▼ 28% |
| Dividend | € 63,000 | € 0 | € 0 | € 630,000 | |
| Bank debt | € 3,456,315 | € 3,293,070 | € 4,339,783 | € 3,594,714 | ▼ 17% |
| Balance sheet total | € 11,701,252 | € 12,399,234 | € 12,631,589 | € 12,095,500 | ▼ 4% |
| Employees (FTE) | - | - | 1 | 1 |
Key figures of Smet-Gestion-Commerce, 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-Gestion-Commerce?
What happened at Smet-Gestion-Commerce in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,544. filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,277 loss in 2022 to € 107,544 profit in 2025.
Paid € 148,062 in corporate taxes since 2022.
Best year ever: 2023, with € 113,527 profit.
On average € 818,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Avenue Jules-Mathieu 21
1400 Nivelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.655.823
- VAT number
- BE 0422.655.823
- Registered office
- Avenue Jules-Mathieu 21, 1400 Nivelles
- Names & denominations
- Smet-Gestion-Commerce · S.G.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 1982
- Peppol
- Active · Active since 3 Nov 2025
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