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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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE SMET from Sint-Katelijne-Waver, company number BE0440184713, closed financial year 2025 with a result of € 36,305 after tax. For that financial year DE SMET recorded a gross margin of € 155,305 and equity of € 523,388. Compared with financial year 2023, the result moved from € 80,391 to € 36,305. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 523,388
▼ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,305
▼ 55% vs 2023
Profit after tax over the fiscal year.
€ 51,501
▼ 84% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 493,731.
People and assets in 2025
0
▼ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 32,660
▼ 74% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 468,432
€ 26,359 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 733,512
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 77,689
▲ 75% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 588,316 | € 403,440 | € 155,305 | ▼ 62% |
| Profit after taxes | € 99,929 | € 80,391 | € 36,305 | ▼ 55% |
| Equity | € 667,757 | € 674,988 | € 523,388 | ▼ 22% |
| Total debts | € 1,236,741 | € 1,329,057 | € 1,585,193 | ▲ 19% |
| Cash | € 339,888 | € 318,283 | € 51,501 | ▼ 84% |
| Land & buildings | € 84,321 | € 146,214 | € 1,112,008 | ▲ € 965,794 |
| Retained profit | € 606,279 | € 613,511 | € 493,731 | ▼ 20% |
| Dividend | € 0 | € 73,159 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 468,432 | |
| Balance sheet total | € 1,904,498 | € 2,004,045 | € 2,108,581 | ▲ 5% |
| Employees (FTE) | 2.5 | 2.6 | 0 | ▼ 2.6 |
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 October 2026.
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:
- New annual accounts for financial year 2025: profit of € 36,305 (▼ 55% vs 2023). Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,929 profit in 2022 to € 36,305 profit in 2025.
Paid € 70,085 in corporate taxes since 2022.
Best year ever: 2022, with € 99,929 profit.
On average € 155,200 of value added per employee in 2023.
Management
Behind DE SMET is Bart De Smet. Bart De Smet is also behind BART DE SMET and DE SMET TUINBOUWBENODIGDHEDEN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Stationsstraat 228
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.184.713
- VAT number
- BE 0440.184.713
- Registered office
- Stationsstraat 228, 2860 Sint-Katelijne-Waver
- Names & denominations
- DE SMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1990
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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