What does DE SMET do?

DE SMET is a wholesaler in Lede. Public Limited, started on 9 December 1985, 1 establishment.

What is the address of DE SMET?

The registered office of DE SMET is located at Molenhoek 131, 9340 Lede.

Is DE SMET still active?

Yes. According to the CBE (30 October 2026) DE SMET is active, legal situation “Normale toestand”, started on 9 December 1985.

Is DE SMET registered on Peppol?

Yes, DE SMET is registered on the Peppol network with ID 0208:0428106332.

What is the enterprise number of DE SMET?

The enterprise number of DE SMET is BE0428106332.

When was DE SMET founded?

DE SMET was founded on 9 December 1985.

Who are the directors of DE SMET?

According to the 2025 annual accounts, the directors of DE SMET are: CAGO, Veerle De Smet, Geertrui De Smet.

Is DE SMET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 December 1985; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did DE SMET make in 2025?

DE SMET posted a profit after taxes of € 166,856 in financial year 2025.

What is the revenue of DE SMET?

As a small company, DE SMET is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 397,727.

How much does an employee at DE SMET earn?

The average wage cost per full-time employee at DE SMET was € 42,200 in 2025: staff costs of € 126,502 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DE SMET have?

According to the 2025 annual accounts, DE SMET has 3 full-time equivalents (FTE).

DE SMET (Public Limited) - Lede - BE0428106332

Dossier DE SMET, printed on 30 October 2026 from databakkes.be/en/0428106332/de-smet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DE SMET from Lede, company number BE0428106332, closed financial year 2025 with a result of € 166,856 after tax. For that financial year DE SMET recorded a gross margin of € 397,727 and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 372,814 to € 166,856. 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 September 14, 2026.

What it is worth Growing

€ 7.8 million

▲ 2% vs 2024

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

Profit Healthy

€ 166,856

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5.8 million

▲ 105% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.3 million.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 126,502

▲ 55% vs 2024

€ 42,200 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 261,802

▲ 40% vs 2024

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

Taxes and wages

€ 40,419

▼ 70% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 779,015 Gross margin 2022: € 779,015 First fiscal year in the series	€ 755,642 Gross margin 2023: € 755,642 ▼ 3% vs 2022 (€ 779,015) Unfavourable step	€ 570,633 Gross margin 2024: € 570,633 ▼ 24% vs 2023 (€ 755,642) Unfavourable step	€ 397,727 Gross margin 2025: € 397,727 ▼ 30% vs 2024 (€ 570,633) Unfavourable step	▼ 30%
Profit after taxes	€ 567,681 Profit after taxes 2022: € 567,681 First fiscal year in the series	€ 527,508 Profit after taxes 2023: € 527,508 ▼ 7% vs 2022 (€ 567,681) Unfavourable step	€ 372,814 Profit after taxes 2024: € 372,814 ▼ 29% vs 2023 (€ 527,508) Unfavourable step	€ 166,856 Profit after taxes 2025: € 166,856 ▼ 55% vs 2024 (€ 372,814) Unfavourable step	▼ 55%
Equity	€ 7,350,753 Equity 2022: € 7,350,753 First fiscal year in the series	€ 7,358,260 Equity 2023: € 7,358,260 Unchanged (€ 7,350,753) Favourable step	€ 7,631,074 Equity 2024: € 7,631,074 ▲ 4% vs 2023 (€ 7,358,260) Favourable step	€ 7,797,931 Equity 2025: € 7,797,931 ▲ 2% vs 2024 (€ 7,631,074) Favourable step	▲ 2%
Total debts	€ 1,653,223 Total debts 2022: € 1,653,223 First fiscal year in the series	€ 2,112,850 Total debts 2023: € 2,112,850 ▲ 28% vs 2022 (€ 1,653,223) Unfavourable step	€ 1,981,309 Total debts 2024: € 1,981,309 ▼ 6% vs 2023 (€ 2,112,850) Favourable step	€ 1,700,880 Total debts 2025: € 1,700,880 ▼ 14% vs 2024 (€ 1,981,309) Favourable step	▼ 14%
Cash	€ 5,127,412 Cash 2022: € 5,127,412 First fiscal year in the series	€ 2,558,020 Cash 2023: € 2,558,020 ▼ 50% vs 2022 (€ 5,127,412) Unfavourable step	€ 2,827,461 Cash 2024: € 2,827,461 ▲ 11% vs 2023 (€ 2,558,020) Favourable step	€ 5,807,820 Cash 2025: € 5,807,820 ▲ 105% vs 2024 (€ 2,827,461) Favourable step	▲ 105%
Land & buildings	€ 9,411 Land & buildings 2022: € 9,411 First fiscal year in the series	€ 40,824 Land & buildings 2023: € 40,824 ▲ € 31,413 vs 2022 (€ 9,411) Unchanged	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 40,824) Unchanged	-
Retained profit	€ 6,850,753 Retained profit 2022: € 6,850,753 First fiscal year in the series	€ 6,858,260 Retained profit 2023: € 6,858,260 Unchanged (€ 6,850,753) Favourable step	€ 7,131,074 Retained profit 2024: € 7,131,074 ▲ 4% vs 2023 (€ 6,858,260) Favourable step	€ 7,297,931 Retained profit 2025: € 7,297,931 ▲ 2% vs 2024 (€ 7,131,074) Favourable step	▲ 2%
Dividend	€ 750,000 Dividend 2022: € 750,000 First fiscal year in the series	€ 520,000 Dividend 2023: € 520,000 ▼ 31% vs 2022 (€ 750,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 81% vs 2023 (€ 520,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	▼ 100%
Balance sheet total	€ 9,003,975 Balance sheet total 2022: € 9,003,975 First fiscal year in the series	€ 9,471,110 Balance sheet total 2023: € 9,471,110 ▲ 5% vs 2022 (€ 9,003,975) Unchanged	€ 9,612,383 Balance sheet total 2024: € 9,612,383 ▲ 1% vs 2023 (€ 9,471,110) Unchanged	€ 9,498,811 Balance sheet total 2025: € 9,498,811 ▼ 1% vs 2024 (€ 9,612,383) Unchanged	▼ 1%
Employees (FTE)	3 Employees (FTE) 2022: 3 First fiscal year in the series	3 Employees (FTE) 2023: 3 Unchanged (3) Unchanged	3 Employees (FTE) 2024: 3 Unchanged (3) Unchanged	3 Employees (FTE) 2025: 3 Unchanged (3) Unchanged

Key figures of DE 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 DE SMET?

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

2028 Veerle De Smet stepped down as director. NBB
2028 Geertrui De Smet stepped down as director. NBB
Sep 14, 2026 New annual accounts for financial year 2025: profit of € 166,856 (▼ 55% vs 2024). filed late Source: NBB ↗
2022 CAGO became a director. NBB
2022 Veerle De Smet became a director. NBB
2022 Geertrui De Smet became a director. NBB
Jan 1, 1986 New establishment in Lede. KBO
Dec 9, 1985 Start of the company according to the CBE. KBO

In short

From € 567,681 profit in 2022 to € 166,856 profit in 2025.

Paid € 562,223 in corporate taxes since 2022.

Best year ever: 2022, with € 567,681 profit.

On average € 132,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CAGO 100%

The stake of CAGO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DE SMET

Behind DE SMET is CAGO. The shares are held by CAGO (100%).

Directors

According to the 2025 annual accounts

CAGO

Director · represented by Geert De Smet

Also active at: GEGEVE

since 2022

Veerle De Smet

Director

Also active at: GEGEVE

since 2022 · until 2028

Geertrui De Smet

Director

Also active at: GEERTRUI DE SMET, GEGEVE

since 2022 · until 2028

Shareholders

CAGO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Molenhoek 131

9340 Lede

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 →

GEGEVE same network

€ 43,368 gross margin · 2025

CAGO same network

€ 187,510 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

0428.106.332

VAT number

BE 0428.106.332

Registered office

Molenhoek 131, 9340 Lede

Names & denominations

DE SMET

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 December 1985

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

View on CBE Public ↗ Annual accounts (NBB) ↗

DE SMET

Financials

What happened to DE SMET?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions