What does PAUL DE SMET do?

PAUL DE SMET is a shop in Ninove. Private Limited, started on 21 January 1992, 2 establishments.

What is the address of PAUL DE SMET?

The registered office of PAUL DE SMET is located at Geraardsbergsesteenweg(Ned) 141, 9400 Ninove.

Is PAUL DE SMET still active?

Yes. According to the CBE (30 October 2026) PAUL DE SMET is active, legal situation “Normale toestand”, started on 21 January 1992.

Is PAUL DE SMET registered on Peppol?

Yes, PAUL DE SMET is registered on the Peppol network with ID 0208:0446443290.

What is the enterprise number of PAUL DE SMET?

The enterprise number of PAUL DE SMET is BE0446443290.

When was PAUL DE SMET founded?

PAUL DE SMET was founded on 21 January 1992.

Who are the directors of PAUL DE SMET?

According to the 2025 annual accounts, the directors of PAUL DE SMET are: JOCAR Services BV.

Is PAUL DE SMET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 January 1992; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did PAUL DE SMET make in 2025?

PAUL DE SMET posted a profit after taxes of € 101,291 in financial year 2025.

What is the revenue of PAUL DE SMET?

As a small company, PAUL DE SMET is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 473,004.

How much does an employee at PAUL DE SMET earn?

The average wage cost per full-time employee at PAUL DE SMET was € 53,500 in 2025: staff costs of € 203,426 for 3.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PAUL DE SMET have?

According to the 2025 annual accounts, PAUL DE SMET has 3.8 full-time equivalents (FTE).

PAUL DE SMET (Private Limited) - Ninove - BE0446443290

Dossier PAUL DE SMET, printed on 30 October 2026 from databakkes.be/en/0446443290/paul-de-smet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 5.2 to 3.8.

Financials

Financial year 2025

PAUL DE SMET from Ninove, company number BE0446443290, closed financial year 2025 with a result of € 101,291 after tax. For that financial year PAUL DE SMET recorded a gross margin of € 473,004 and equity of € 610,942. Compared with financial year 2024, the result moved from € 259,402 to € 101,291. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Growing

€ 610,942

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 101,291

▼ 61% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 104,668

▲ 53% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 90,000 paid out

89 % of the profit went to the shareholders, mostly to JOCAR Services (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

3.8

▼ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 203,426

▼ 11% vs 2024

€ 53,500 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.

Vehicles and equipment

€ 30,028

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 633,747

▲ 5% vs 2024

€ 25,427 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 444,403

▲ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,592

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 551,278 Gross margin 2022: € 551,278 First fiscal year in the series	€ 515,815 Gross margin 2023: € 515,815 ▼ 6% vs 2022 (€ 551,278) Unfavourable step	€ 640,043 Gross margin 2024: € 640,043 ▲ 24% vs 2023 (€ 515,815) Favourable step	€ 473,004 Gross margin 2025: € 473,004 ▼ 26% vs 2024 (€ 640,043) Unfavourable step	▼ 26%
Profit after taxes	€ 99,294 Profit after taxes 2022: € 99,294 First fiscal year in the series	€ 141,572 Profit after taxes 2023: € 141,572 ▲ 43% vs 2022 (€ 99,294) Favourable step	€ 259,402 Profit after taxes 2024: € 259,402 ▲ 83% vs 2023 (€ 141,572) Favourable step	€ 101,291 Profit after taxes 2025: € 101,291 ▼ 61% vs 2024 (€ 259,402) Unfavourable step	▼ 61%
Equity	€ 583,677 Equity 2022: € 583,677 First fiscal year in the series	€ 580,249 Equity 2023: € 580,249 ▼ 1% vs 2022 (€ 583,677) Unfavourable step	€ 599,651 Equity 2024: € 599,651 ▲ 3% vs 2023 (€ 580,249) Favourable step	€ 610,942 Equity 2025: € 610,942 ▲ 2% vs 2024 (€ 599,651) Favourable step	▲ 2%
Total debts	€ 1,219,943 Total debts 2022: € 1,219,943 First fiscal year in the series	€ 1,440,973 Total debts 2023: € 1,440,973 ▲ 18% vs 2022 (€ 1,219,943) Unfavourable step	€ 1,348,143 Total debts 2024: € 1,348,143 ▼ 6% vs 2023 (€ 1,440,973) Favourable step	€ 1,277,353 Total debts 2025: € 1,277,353 ▼ 5% vs 2024 (€ 1,348,143) Favourable step	▼ 5%
Cash	€ 152,674 Cash 2022: € 152,674 First fiscal year in the series	€ 112,870 Cash 2023: € 112,870 ▼ 26% vs 2022 (€ 152,674) Unfavourable step	€ 68,227 Cash 2024: € 68,227 ▼ 40% vs 2023 (€ 112,870) Unfavourable step	€ 104,668 Cash 2025: € 104,668 ▲ 53% vs 2024 (€ 68,227) Favourable step	▲ 53%
Land & buildings	€ 610,077 Land & buildings 2022: € 610,077 First fiscal year in the series	€ 589,726 Land & buildings 2023: € 589,726 ▼ 3% vs 2022 (€ 610,077) Unchanged	€ 544,059 Land & buildings 2024: € 544,059 ▼ 8% vs 2023 (€ 589,726) Unchanged	€ 487,794 Land & buildings 2025: € 487,794 ▼ 10% vs 2024 (€ 544,059) Unchanged	▼ 10%
Retained profit	€ 74,887 Retained profit 2022: € 74,887 First fiscal year in the series	€ 82,960 Retained profit 2023: € 82,960 ▲ 11% vs 2022 (€ 74,887) Favourable step	€ 113,862 Retained profit 2024: € 113,862 ▲ 37% vs 2023 (€ 82,960) Favourable step	€ 136,653 Retained profit 2025: € 136,653 ▲ 20% vs 2024 (€ 113,862) Favourable step	▲ 20%
Dividend	€ 155,000 Dividend 2022: € 155,000 First fiscal year in the series	€ 145,000 Dividend 2023: € 145,000 ▼ 6% vs 2022 (€ 155,000) Unchanged	€ 240,000 Dividend 2024: € 240,000 ▲ 66% vs 2023 (€ 145,000) Unchanged	€ 90,000 Dividend 2025: € 90,000 ▼ 62% vs 2024 (€ 240,000) Unchanged	▼ 62%
Bank debt	€ 540,147 Bank debt 2022: € 540,147 First fiscal year in the series	€ 670,294 Bank debt 2023: € 670,294 ▲ 24% vs 2022 (€ 540,147) Unfavourable step	€ 604,679 Bank debt 2024: € 604,679 ▼ 10% vs 2023 (€ 670,294) Favourable step	€ 633,747 Bank debt 2025: € 633,747 ▲ 5% vs 2024 (€ 604,679) Unfavourable step	▲ 5%
Balance sheet total	€ 1,803,620 Balance sheet total 2022: € 1,803,620 First fiscal year in the series	€ 2,021,222 Balance sheet total 2023: € 2,021,222 ▲ 12% vs 2022 (€ 1,803,620) Unchanged	€ 1,947,794 Balance sheet total 2024: € 1,947,794 ▼ 4% vs 2023 (€ 2,021,222) Unchanged	€ 1,888,296 Balance sheet total 2025: € 1,888,296 ▼ 3% vs 2024 (€ 1,947,794) Unchanged	▼ 3%
Employees (FTE)	4.7 Employees (FTE) 2022: 4.7 First fiscal year in the series	5.2 Employees (FTE) 2023: 5.2 ▲ 0.5 vs 2022 (4.7) Unchanged	4.7 Employees (FTE) 2024: 4.7 ▼ 0.5 vs 2023 (5.2) Unchanged	3.8 Employees (FTE) 2025: 3.8 ▼ 0.9 vs 2024 (4.7) Unchanged	▼ 0.9

Key figures of PAUL 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 30 January 2027.

What happened to PAUL DE SMET?

What happened at PAUL DE SMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 101,291 (▼ 61% vs 2024). Source: NBB ↗
2021 JOCAR Services BV became a director. NBB
Feb 21, 1992 New establishment in Ninove. KBO
Jan 21, 1992 New establishment in Ninove. KBO
Jan 21, 1992 Start of the company according to the CBE. KBO

In short

From € 99,294 profit in 2022 to € 101,291 profit in 2025.

Paid € 38,587 in corporate taxes since 2022.

Best year ever: 2024, with € 259,402 profit.

On average € 124,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

JOCAR Services 100%

The stake of JOCAR Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PAUL DE SMET

Behind PAUL DE SMET is JOCAR Services BV. The shares are held by JOCAR Services (100%).

Directors

According to the 2025 annual accounts

JOCAR Services BV

Manager · represented by Johan De Smet

since 2021

Shareholders

JOCAR Services

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Geraardsbergsesteenweg(Ned) 141

9400 Ninove

2.190.221.297

Geraardsbergsesteenweg(Ned) 166

9400 Ninove

Active since 21 January 1992

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0446.443.290

VAT number

BE 0446.443.290

Registered office

Geraardsbergsesteenweg(Ned) 141, 9400 Ninove

Names & denominations

PAUL DE SMET

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 January 1992

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen

Detailhandel in elektrische huishoudapparaten

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

Overige werkzaamheden in verband met de afwerking van gebouwen

Detailhandel in motorbrandstoffen

Overige reiniging van gebouwen; industriële reiniging

Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten

Overige detailhandel in nieuwe artikelen neg

View on CBE Public ↗ Annual accounts (NBB) ↗

PAUL DE SMET

Warning lights

Financials

What happened to PAUL DE SMET?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions