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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DE SMET S.A. - ENGINEERS & CONTRACTORS from Mont-Saint-Guibert, company number BE0438987752, closed financial year 2025 with a result of € 646,566 after tax. For that financial year DE SMET S.A. - ENGINEERS & CONTRACTORS recorded revenue of € 31.8 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € -824,502 to € 646,566. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ 5.5 million
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 646,566
▲ still € 824,502 loss in 2024
Profit after tax over the fiscal year.
€ 5.1 million
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
54 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
87.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.7 million
▼ 4% vs 2024
€ 133,500 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.
€ 354,852
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.2 million
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 1.7 million
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,030,318 | € 32,789,992 | € 42,181,514 | € 31,825,786 | ▼ 25% |
| Profit after taxes | € 1,488,950 | € 3,775,983 | € -824,502 | € 646,566 | ▲ € 1.5 million |
| Equity | € 14,330,353 | € 15,624,933 | € 10,700,432 | € 5,496,998 | ▼ 49% |
| Total debts | € 18,544,456 | € 13,718,293 | € 20,994,280 | € 12,417,541 | ▼ 41% |
| Cash | € 2,885,669 | € 2,162,468 | € 7,293,602 | € 5,116,326 | ▼ 30% |
| Retained profit | € 1,848,950 | € 5,624,933 | € 700,432 | € 996,998 | ▲ 42% |
| Dividend | € 0 | € 0 | € 4,100,000 | € 350,000 | ▼ 91% |
| Bank debt | € 450,000 | € 250,000 | € 50,000 | € 0 | ▼ 100% |
| Balance sheet total | € 33,049,809 | € 29,443,226 | € 31,772,060 | € 17,994,538 | ▼ 43% |
| Employees (FTE) | 75.5 | 80.2 | 88 | 87.9 | ▼ 0.1 |
Key figures of DE SMET S.A. - ENGINEERS & CONTRACTORS, 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 S.A. - ENGINEERS & CONTRACTORS?
What happened at DE SMET S.A. - ENGINEERS & CONTRACTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 646,566. Source: NBB ↗
- Engineering and Finance Partners SAS became a director. NBB
- GENPHAS SRL stepped down as director. NBB
- Olivier Dambricourt stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- Thierry Rolland stepped down as director. NBB
- Wallonie Entreprendre SA (société absorbante de SOGEPA SA BE0426.887.397) stepped down as director. NBB
- Olivier Carli stepped down as director. NBB
In short
From € 1.5 million profit in 2022 to € 646,566 profit in 2025.
Paid € 416,839 in corporate taxes since 2022.
Best year ever: 2023, with € 3.8 million profit.
Paid out € 4.5 million in dividends to the owners in total.
Management
The stake of AUDANE INVEST, Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE SMET S.A. - ENGINEERS & CONTRACTORSBehind DE SMET S.A. - ENGINEERS & CONTRACTORS is Engineering and Finance Partners SAS. The shares are held by AUDANE INVEST (38%) and Wallonie Entreprendre (25.2%). It owns 100% of Interis sas, 100% of De Smet Contractors India, 100% of De Smet Agro, 100% of De Smet Contractors Maroc, 99.8% of De Smet Contractors de Argentina and 20% of Emineo Holding Ltd S Etr itself.
Directors
According to the 2025 annual accounts
Engineering and Finance Partners SAS
Director · represented by Johann CHARRIER
since 2025
since 2023 · until 2025
Olivier Dambricourt
Chairman of the board
since 2021 · until 2025
Director · represented by Yves Meurice
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2023 · until 2025
Thierry Rolland
Director
since 2024 · until 2025
Wallonie Entreprendre SA (société absorbante de SOGEPA SA BE0426.887.397)
Director · represented by Valérie Potier
Also active at: Aciéries Somville, FRANKI, Fonderies J. Marichal Ketin et Cie, TUBES DE HAREN ET NIMY, SOGESTIMMO, T. PALM, NLMK LA LOUVIERE, PLASTURGIE LAZZERINI +45 more
since 2020 · until 2025
since 2024 · until 2025
Director · represented by Olivier Riffaut
since 2023 · until 2025
Shareholders
38%
25.2%
Participations
100%
De Smet Contractors India
100%
100%
De Smet Contractors Maroc
100%
De Smet Contractors de Argentina
99.8%
Emineo Holding Ltd S Etr
20%
Interis India
19.9%
Establishments
Establishment units
Physical locations of this company
Rue Granbonpré 11 box 8
1435 Mont-Saint-Guibert
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →DE SMET AGRO same network
€ 8.7 million revenue · 2025
CEDRIC CLAERHOUDT
€ 937,969 gross margin · 2024
Tools4Patient same network
€ -431,027 gross margin · 2025
NOVADIP BIOSCIENCES same network
€ 1.6 million gross margin · 2025
The Akkermansia Company same network
€ -3.6 million gross margin · 2025
+15 more
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
OVH, FR
Domain
Domain
dsengineers.com
Registered
2004-02-06
Registrar
EPAG Domainservices GmbH
Expires
2027-02-06
Website info
Features
Security
Details
- Company number
- 0438.987.752
- VAT number
- BE 0438.987.752
- Registered office
- Rue Granbonpré 11 bus 8, 1435 Mont-Saint-Guibert
- Names & denominations
- DE SMET S.A. - ENGINEERS & CONTRACTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1989
- Peppol
- Active · Active since 9 Sept 2025
- Contact
- dsengineers.com
- Activities · NACE
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