Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.9 to 11.1.
Financials
Financial year 2025
SMITS from Heist-op-den-Berg, company number BE0426838404, closed financial year 2025 with a result of € 93,932 after tax. For that financial year SMITS recorded a gross margin of € 1.1 million and equity of € 546,359. Compared with financial year 2024, the result moved from € 186,519 to € 93,932. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 546,359
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,932
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 569,668
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.1
▼ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 714,776
▼ 26% vs 2024
€ 64,400 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.
€ 376,876
▲ 22% vs 2024
Of which on lease € 305,535.
Debts at end 2025
€ 721,583
▲ 40% vs 2024
€ 154,269 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.9 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,224
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,261,236 | € 1,446,437 | € 1,411,649 | € 1,100,187 | ▼ 22% |
| Profit after taxes | € 335,788 | € 263,478 | € 186,519 | € 93,932 | ▼ 50% |
| Equity | € 552,430 | € 715,908 | € 602,427 | € 546,359 | ▼ 9% |
| Total debts | € 1,757,414 | € 2,212,271 | € 3,032,168 | € 3,456,228 | ▲ 14% |
| Cash | € 338 | € 1,559 | € 1,138,027 | € 569,668 | ▼ 50% |
| Retained profit | € 409,891 | € 573,370 | € 459,888 | € 403,820 | ▼ 12% |
| Dividend | € 150,000 | € 100,000 | € 300,000 | € 150,000 | ▼ 50% |
| Bank debt | € 323,291 | € 499,016 | € 516,256 | € 721,583 | ▲ 40% |
| Balance sheet total | € 2,309,844 | € 2,928,180 | € 3,634,595 | € 4,002,587 | ▲ 10% |
| Employees (FTE) | 15 | 14.9 | 14.3 | 11.1 | ▼ 3.2 |
Key figures of SMITS, 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 SMITS?
What happened at SMITS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93,932 (▼ 50% vs 2024). filed late Source: NBB ↗
- Vitalfoods BV became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 335,788 profit in 2022 to € 93,932 profit in 2025.
Paid € 224,274 in corporate taxes since 2022.
Best year ever: 2022, with € 335,788 profit.
On average € 99,100 of value added per employee in 2025.
Management
The stake of VITALFOODS, JECA MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMITSBehind SMITS is Vitalfoods BV. The shares are held by VITALFOODS (80%) and JECA MANAGEMENT (20%).
Directors
According to the 2025 annual accounts
since 2016
Shareholders
80%
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 38
2220 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
LCPDCO LCP AS dc oostkamp, BE
Website info
Features
Security
Details
- Company number
- 0426.838.404
- VAT number
- BE 0426.838.404
- Registered office
- Industriepark 38, 2220 Heist-op-den-Berg
- Names & denominations
- SMITS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1985
- Peppol
- Active · Active since 2 Apr 2025
- Contact
- bestkip.be
- Activities · NACE
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