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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SMITS GRACE from Mortsel, company number BE0445908703, closed financial year 2025 with a result of € 79,757 after tax. For that financial year SMITS GRACE recorded a gross margin of € 116,068 and equity of € 476,394. Compared with financial year 2024, the result moved from € 73,041 to € 79,757. Profitable, and profit is growing. 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 August 13, 2026.
€ 476,394
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,757
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 18,021
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,333 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 2,670
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,821
Loans from banks and other lenders, long and short.
€ 1,913
▲ € 1,675 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,783
▼ 84% 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 | € 98,705 | € 109,511 | € 105,375 | € 116,068 | ▲ 10% |
| Profit after taxes | € 70,881 | € 77,688 | € 73,041 | € 79,757 | ▲ 9% |
| Equity | € 407,658 | € 444,519 | € 428,970 | € 476,394 | ▲ 11% |
| Total debts | € 19,849 | € 2,012 | € 67,441 | € 25,233 | ▼ 63% |
| Cash | € 7,310 | € 14,216 | € 10,485 | € 18,021 | ▲ 72% |
| Retained profit | € 401,463 | € 444,519 | € 428,970 | € 476,394 | ▲ 11% |
| Dividend | € 98,999 | € 34,632 | € 88,591 | € 32,333 | ▼ 64% |
| Bank debt | € 0 | € 0 | € 0 | € 18,821 | |
| Balance sheet total | € 427,508 | € 446,531 | € 496,410 | € 501,628 | ▲ 1% |
Key figures of SMITS GRACE, 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 SMITS GRACE?
What happened at SMITS GRACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,757 (▲ 9% vs 2024). filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,881 profit in 2022 to € 79,757 profit in 2025.
Paid € 145,238 in corporate taxes since 2022.
Best year ever: 2025, with € 79,757 profit.
Paid out € 254,555 in dividends to the owners in total.
Management
Behind SMITS GRACE is GRACE SMITS.
Directors
According to the 2025 annual accounts
GRACE SMITS
Director
Establishments
Establishment units
Physical locations of this company
Grotenhof 27
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.908.703
- VAT number
- BE 0445.908.703
- Registered office
- Grotenhof 27, 2640 Mortsel
- Names & denominations
- SMITS GRACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1991
- Peppol
- Not registered