Financials
Financial year 2024
SMART from Kontich, company number BE0448827611, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year SMART recorded revenue of € 34.3 million and equity of € 9.4 million. Compared with financial year 2023, the result moved from € 2.1 million to € 1.3 million. The company is profitable. 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 July 11, 2025.
€ 9.4 million
▲ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 41% vs 2023
Profit after tax over the fiscal year.
€ 801,728
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 8.4 million.
People and assets in 2024
29.7
▲ 4.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 26% vs 2023
€ 92,200 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.
€ 385,802
▲ 148% vs 2023
Of which on lease € 300,283.
Debts at end 2024
€ 4.4 million
▼ 9% vs 2023
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7.9 million
▲ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 442,962
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 28,195,738 | € 30,345,167 | € 34,045,699 | € 34,330,027 | ▲ 1% |
| Profit after taxes | € 2,227,612 | € 1,307,720 | € 2,126,968 | € 1,250,852 | ▼ 41% |
| Equity | € 9,200,223 | € 6,007,853 | € 8,134,821 | € 9,385,673 | ▲ 15% |
| Total debts | € 9,086,817 | € 12,609,069 | € 12,647,379 | € 12,725,498 | ▲ 1% |
| Cash | € 3,025,696 | € 1,326,470 | € 2,169,323 | € 801,728 | ▼ 63% |
| Land & buildings | € 1,207,190 | € 1,093,553 | € 1,010,700 | € 1,112,954 | ▲ 10% |
| Retained profit | € 8,200,223 | € 5,007,853 | € 7,134,821 | € 8,385,673 | ▲ 18% |
| Dividend | € 0 | € 4,500,090 | € 0 | € 0 | |
| Bank debt | € 1,098,018 | € 5,103,087 | € 4,811,027 | € 4,361,041 | ▼ 9% |
| Balance sheet total | € 18,287,040 | € 18,616,922 | € 20,810,949 | € 22,139,920 | ▲ 6% |
| Employees (FTE) | 19.7 | 21.1 | 25.3 | 29.7 | ▲ 4.4 |
Key figures of SMART, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SMART?
What happened at SMART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ROLF VANDOREN stepped down as director. NBB
- GREEN SPIRIT INDUSTRIES NV stepped down as director. NBB
- ARIANE VAN DEN BOSSCHE stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.3 million (▼ 41% vs 2023). Source: NBB ↗
- ROLF VANDOREN became a director. NBB
- GREEN SPIRIT INDUSTRIES NV became a director. NBB
- ARIANE VAN DEN BOSSCHE became a director. NBB
- New establishment in Kontich. KBO
In short
From € 2.2 million profit in 2021 to € 1.3 million profit in 2024.
Paid € 2.2 million in corporate taxes since 2021.
Best year ever: 2021, with € 2.2 million profit.
Paid out € 4.5 million in dividends to the owners in total.
Management
The stake of SMART INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMARTThe shares are held by SMART INDUSTRIES (100%).
Directors
According to the 2024 annual accounts
since 2022 · until 2030
since 2022 · until 2030
ARIANE VAN DEN BOSSCHE
Director
Also active at: SMART INDUSTRIES, LURIANE, Smart Products, SUPPORT & EQUIPMENT IN PROTECTION, TREEKIDS
since 2022 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Neerveld 14
2550 Kontich
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0448.827.611
- VAT number
- BE 0448.827.611
- Registered office
- Neerveld 14, 2550 Kontich
- Names & denominations
- SMART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1992
- Peppol
- Active · Active since 28 Apr 2025
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