Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WALTER DE SMET & CO from Laarne, company number BE0430132147, closed financial year 2025 with a result of € -14,431 after tax. For that financial year WALTER DE SMET & CO recorded a gross margin of € 9,674 and equity of € 814,019. Compared with financial year 2024, the result moved from € -18,231 to € -14,431. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 814,019
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,431
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 756,301
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 795,419.
People and assets in 2025
€ 20,534
▼ 69% vs 2024
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
None
No bank loans on the last day of the fiscal year.
€ 3,553
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88
▼ € 30,331 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 | € 258,973 | € 76,325 | € 59,420 | € 9,674 | ▼ 84% |
| Profit after taxes | € 105,895 | € 13,221 | € -18,231 | € -14,431 | ▲ € 3,800 |
| Equity | € 833,461 | € 846,682 | € 828,451 | € 814,019 | ▼ 2% |
| Total debts | € 106,873 | € 127,196 | € 48,995 | € 17,482 | ▼ 64% |
| Cash | € 780,395 | € 825,649 | € 803,701 | € 756,301 | ▼ 6% |
| Retained profit | € 814,861 | € 828,082 | € 809,851 | € 795,419 | ▼ 2% |
| Balance sheet total | € 940,333 | € 973,878 | € 877,445 | € 831,501 | ▼ 5% |
| Employees (FTE) | - | 1 | - | - |
Key figures of WALTER DE SMET & CO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to WALTER DE SMET & CO?
What happened at WALTER DE SMET & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,431. Source: NBB ↗
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,895 profit in 2022 to € 14,431 loss in 2025.
Paid € 57,830 in corporate taxes since 2022.
Best year ever: 2022, with € 105,895 profit.
On average € 76,300 of value added per employee in 2023.
Management
Behind WALTER DE SMET & CO is Walter De Smet.
Directors
According to the 2025 annual accounts
Walter De Smet
Director
Establishments
Establishment units
Physical locations of this company
Heirweg 76A
9270 Laarne
Heirweg 76 A
9270 Laarne
Active since 5 February 1987
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
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0430.132.147
- VAT number
- BE 0430.132.147
- Registered office
- Heirweg 76A, 9270 Laarne
- Names & denominations
- WALTER DE SMET & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1987
- Peppol
- Active · Active since 14 Apr 2026
- Contact
- walterdesmet.be [email protected]
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk