Financials
Financial year 2025
SMEETS from Sint-Pieters-Leeuw, company number BE0448866906, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year SMEETS recorded revenue of € 12.4 million and equity of € 11.8 million. Compared with financial year 2024, the result moved from € 2.2 million to € 1.5 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 August 19, 2026.
€ 11.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 6.7 million
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
8.5
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 658,050
▼ 2% vs 2024
€ 77,400 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.
€ 35,731
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 157,678
▲ € 151,337 vs 2024
Loans from banks and other lenders, long and short.
€ 2.1 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 421,553
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,724,328 | € 15,680,764 | € 15,991,722 | € 12,387,608 | ▼ 23% |
| Profit after taxes | € 796,434 | € 1,522,852 | € 2,247,267 | € 1,539,326 | ▼ 32% |
| Equity | € 10,339,411 | € 10,790,834 | € 11,323,816 | € 11,777,428 | ▲ 4% |
| Total debts | € 4,103,203 | € 4,121,439 | € 4,500,503 | € 3,753,359 | ▼ 17% |
| Cash | € 4,170,262 | € 3,978,407 | € 5,276,929 | € 6,703,135 | ▲ 27% |
| Retained profit | € 10,210,507 | € 10,661,930 | € 11,194,911 | € 11,648,523 | ▲ 4% |
| Dividend | € 628,571 | € 1,071,429 | € 1,714,286 | € 1,085,714 | ▼ 37% |
| Bank debt | € 158,102 | € 6,337 | € 6,341 | € 157,678 | ▲ € 151,337 |
| Balance sheet total | € 14,442,615 | € 14,912,274 | € 15,824,319 | € 15,530,787 | ▼ 2% |
| Employees (FTE) | 10.1 | 9.4 | 8.3 | 8.5 | ▲ 0.2 |
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:
- Martin SMEETS stepped down as director. NBB
- Jean-François DE VIGNE stepped down as director. NBB
- André SMEETS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 32% vs 2024). filed late Source: NBB ↗
- Martin SMEETS became a director. NBB
- Jean-François DE VIGNE became a director. NBB
- André SMEETS became a director. NBB
- New establishment in Sint-Pieters-Leeuw. KBO
In short
From € 796,434 profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.2 million profit.
Paid out € 4.5 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Jean-François DE VIGNE
Director
since 2024 · until 2030
Martin SMEETS
Director
since 2026 · until 2032
André SMEETS
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Bergensesteenweg 189
1600 Sint-Pieters-Leeuw
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0448.866.906
- VAT number
- BE 0448.866.906
- Registered office
- Bergensesteenweg 189, 1600 Sint-Pieters-Leeuw
- Names & denominations
- SMEETS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren