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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Smet Automotive from Denderleeuw, company number BE0424997283, closed financial year 2025 with a result of € 18,101 after tax. For that financial year De Smet Automotive recorded a gross margin of € 358,648 and equity of € 341,009. Compared with financial year 2024, the result moved from € -29,085 to € 18,101. 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 June 2, 2026.
€ 341,009
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,101
▲ still € 29,085 loss in 2024
Profit after tax over the fiscal year.
€ 117,891
▲ 46% 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 € 322,009.
People and assets in 2025
3.7
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 240,907
▼ 19% vs 2024
€ 65,100 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.
€ 123,188
▲ 157% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 769,486
▲ 34% vs 2024
€ 51,778 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 132,103
▲ 140% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,625
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 203,364 | € 376,515 | € 340,097 | € 358,648 | ▲ 5% |
| Profit after taxes | € 4,469 | € 60,351 | € -29,085 | € 18,101 | ▲ € 47,185 |
| Equity | € 326,981 | € 351,993 | € 322,908 | € 341,009 | ▲ 6% |
| Total debts | € 208,457 | € 460,924 | € 698,126 | € 960,642 | ▲ 38% |
| Cash | € 96,381 | € 160,292 | € 80,977 | € 117,891 | ▲ 46% |
| Land & buildings | € 9,357 | € 8,578 | € 315,512 | € 466,373 | ▲ 48% |
| Retained profit | € 307,981 | € 332,993 | € 303,908 | € 322,009 | ▲ 6% |
| Dividend | € 0 | € 35,339 | € 0 | € 0 | |
| Bank debt | € 87,949 | € 318,964 | € 574,499 | € 769,486 | ▲ 34% |
| Balance sheet total | € 535,438 | € 812,917 | € 1,021,034 | € 1,301,651 | ▲ 27% |
| Employees (FTE) | 3.4 | 4.8 | 4.8 | 3.7 | ▼ 1.1 |
Key figures of De Smet Automotive, 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 De Smet Automotive?
What happened at De Smet Automotive in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,101. Source: NBB ↗
- Wim De Smet became a director. NBB
- New establishment in Denderleeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,469 profit in 2022 to € 18,101 profit in 2025.
Paid € 23,580 in corporate taxes since 2022.
Best year ever: 2023, with € 60,351 profit.
On average € 96,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind De Smet Automotive is Wim De Smet.
Directors
According to the 2025 annual accounts
Wim De Smet
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Steenweg 602
9470 Denderleeuw
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0424.997.283
- VAT number
- BE 0424.997.283
- Registered office
- Steenweg 602, 9470 Denderleeuw
- Names & denominations
- De Smet Automotive
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1983
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorbrandstoffen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Kleinhandel in onderdelen en accessoires van auto's
Detailhandel in motorvoertuigen
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