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 25 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AUTOHANDEL E. SMET from Aalst, company number BE0423341454, closed financial year 2025 with a result of € 41,048 after tax. For that financial year AUTOHANDEL E. SMET recorded a gross margin of € 821,432 and equity of € 18.9 million. Compared with financial year 2024, the result moved from € 367,049 to € 41,048. 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 July 23, 2026.
€ 18.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,048
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 6,782
▲ € 6,195 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 108,004.
People and assets in 2025
€ 4,103
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▼ 17% vs 2024
€ 293,375 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 217,616
▲ € 203,858 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,456
▼ 30% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 504,537 | € 260,412 | € 1,051,736 | € 821,432 | ▼ 22% |
| Profit after taxes | € -607,939 | € -624,737 | € 367,049 | € 41,048 | ▼ 89% |
| Equity | € 19,148,646 | € 18,515,132 | € 18,882,181 | € 18,923,229 | |
| Total debts | € 6,081,522 | € 6,607,728 | € 6,049,073 | € 5,554,677 | ▼ 8% |
| Cash | € 252 | € 8 | € 587 | € 6,782 | ▲ € 6,195 |
| Land & buildings | € 24,269,473 | € 23,873,155 | € 23,585,653 | € 23,356,139 | ▼ 1% |
| Retained profit | € 130,587 | € -300,093 | € 66,956 | € 108,004 | ▲ 61% |
| Bank debt | € 5,818,141 | € 5,979,341 | € 5,140,670 | € 4,276,567 | ▼ 17% |
| Balance sheet total | € 25,304,871 | € 25,193,175 | € 24,997,181 | € 24,539,445 | ▼ 2% |
Key figures of AUTOHANDEL E. SMET, 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 AUTOHANDEL E. SMET?
What happened at AUTOHANDEL E. SMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,048 (▼ 89% vs 2024). Source: NBB ↗
- Waterloo Investments NV became a director. NBB
- Build 4 U NV became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 607,940 loss in 2022 to € 41,048 profit in 2025.
Paid € 9,117 in corporate taxes since 2022.
Best year ever: 2024, with € 367,049 profit.
Management
The stake of K-INVEST, BUILD 4 U comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AUTOHANDEL E. SMETBehind AUTOHANDEL E. SMET are Waterloo Investments NV, K-Invest BV and Build 4 U NV. The shares are held by K-INVEST (50%) and BUILD 4 U (50%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Gryspeert Kris
Also active at: INTERSOUND, LEISURE INTERNATIONAL, REDROSE PROPERTIES, K & F INVEST, REDROSE CONSTRUCT, FIRST FRONT, ARMAN BO1, REDROSE HOLDING +1 more
Director · represented by Van den Broeck Katleen
Also active at: ROCHER IV, GALVER, VEGA, REDROSE PROPERTIES, REDROSE CONSTRUCT, FIRST FRONT, ARMAN BO1, BLACK ROSE INVESTMENT GROUP +7 more
since 2021
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Korte Zoutstraat 45
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →ROCHER IV same network
€ 55,190 gross margin · 2025
GALVER same network
€ 96,740 gross margin · 2024
VEGA same network
€ 53,945 gross margin · 2024
REDROSE PROPERTIES same network
€ 948,046 gross margin · 2025
BUILD 4 U same network
€ 2.2 million gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.341.454
- VAT number
- BE 0423.341.454
- Registered office
- Korte Zoutstraat 45, 9300 Aalst
- Names & denominations
- AUTOHANDEL E. SMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1982
- Peppol
- Active · Active since 27 Mar 2026