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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SMEETS from Hasselt, company number BE0441052961, closed financial year 2025 with a result of € -66,893 after tax. For that financial year SMEETS recorded a gross margin of € 169,992 and equity of € 885,414. Compared with financial year 2024, the result moved from € -42,870 to € -66,893. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 885,414
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,893
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 163,862
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 55,660
▲ 3% vs 2024
€ 55,700 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
€ 1.9 million
▲ 1% vs 2024
€ 1,831 is repaid this year. At this pace the long-term loan is gone in ≈ 1038 years.
€ 10,524
▲ € 8,325 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,229
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,973 | € 151,554 | € 173,377 | € 169,992 | ▼ 2% |
| Profit after taxes | € 10,926 | € -72,494 | € -42,870 | € -66,893 | ▼ € 24,023 |
| Equity | € 1,035,291 | € 973,590 | € 941,514 | € 885,414 | ▼ 6% |
| Total debts | € 2,546,573 | € 2,336,066 | € 2,196,382 | € 2,123,980 | ▼ 3% |
| Cash | € 534,528 | € 40,345 | € 269,126 | € 163,862 | ▼ 39% |
| Land & buildings | € 1,787,513 | € 1,700,561 | € 1,603,975 | € 1,507,389 | ▼ 6% |
| Retained profit | € -1,837,657 | € -1,866,978 | € -1,866,675 | € -1,890,395 | ▼ € 23,720 |
| Bank debt | € 1,832,248 | € 1,852,661 | € 1,880,427 | € 1,901,863 | ▲ 1% |
| Balance sheet total | € 3,814,040 | € 3,527,922 | € 3,342,253 | € 3,199,842 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of SMEETS, 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 SMEETS?
What happened at SMEETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gerd Smeets stepped down as director. NBB
- Wim Smeets stepped down as director. NBB
- Johan Smeets stepped down as director. NBB
- Ellisa Vekemans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 66,893. Source: NBB ↗
- Gerd Smeets became a director. NBB
- Wim Smeets became a director. NBB
- Johan Smeets became a director. NBB
In short
From € 10,926 profit in 2022 to € 66,893 loss in 2025.
Paid € 15,394 in corporate taxes since 2022.
Best year ever: 2022, with € 10,926 profit.
On average € 170,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Gerd Smeets
Director
Also active at: METAALCONSTRUCTIE VANDERSCHEUREN, TAILORMADE LOGISTICS, TAILORMADE TRANSPORT, Gerd Smeets, KeBeK Management, VEDES INVEST, Tailormade Warehouses, Lina Invest +3 more
since 2023 · until 2029
Wim Smeets
Director
since 2023 · until 2029
since 2023 · until 2029
Ellisa Vekemans
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Luikersteenweg 38
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.052.961
- VAT number
- BE 0441.052.961
- Registered office
- Luikersteenweg 38, 3500 Hasselt
- Names & denominations
- SMEETS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 1990
- Peppol
- Active · Active since 28 Jul 2025
- Activities · NACE
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