Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SMET GROUP OVERSEAS from Dessel, company number BE0448902538, closed financial year 2025 with a result of € -65,382 after tax. For that financial year SMET GROUP OVERSEAS recorded a gross margin of € -64,894 and equity of € 121,725. Compared with financial year 2024, the result moved from € -384,188 to € -65,382. 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 July 22, 2026.
€ 121,725
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,382
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 64,201
▲ 274% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 60,225.
People and assets in 2025
€ 1,261
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
None
No bank loans on the last day of the fiscal year.
€ 176,466
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,552
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 356,561 | € 807,574 | € -397,920 | € -64,894 | ▲ € 333,026 |
| Profit after taxes | € -20,750 | € 758,698 | € -384,188 | € -65,382 | ▲ € 318,806 |
| Equity | € -187,402 | € 571,296 | € 187,108 | € 121,725 | ▼ 35% |
| Total debts | € 2,311,718 | € 380,751 | € 370,758 | € 300,522 | ▼ 19% |
| Cash | € 75,773 | € 5,487 | € 17,188 | € 64,201 | ▲ 274% |
| Retained profit | € -248,902 | € 509,796 | € 125,608 | € 60,225 | ▼ 52% |
| Balance sheet total | € 2,124,316 | € 952,047 | € 557,866 | € 422,247 | ▼ 24% |
| Employees (FTE) | 1.2 | 1 | - | - |
Key figures of SMET GROUP OVERSEAS, 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 SMET GROUP OVERSEAS?
What happened at SMET GROUP OVERSEAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Smet stepped down as director. NBB
- Willem Smet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 65,382. Source: NBB ↗
- Dirk Smet became a director. NBB
- Willem Smet became a director. NBB
- New establishment in Dessel. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,750 loss in 2022 to € 65,382 loss in 2025.
Paid € 251 in corporate taxes since 2022.
Best year ever: 2023, with € 758,698 profit.
On average € 807,600 of value added per employee in 2023.
A new publication or filing at SMET GROUP OVERSEAS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SMET - BORING, SHM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMET GROUP OVERSEASThe shares are held by SMET - BORING (100%) and SHM (0%).
Directors
According to the 2025 annual accounts
Dirk Smet
Director
Also active at: SMET - TUNNELLING, SMET - BORING, SMET-F & C, MGD, SHM, SMET PILE, SMET GWT EUROPE
since 2022 · until 2028
Willem Smet
Managing director
Also active at: SMET - TUNNELLING, Lidwina vzw, SMET - BORING, SMET-F & C, De Kraey, SHM, SMET PILE, SMET GWT EUROPE +1 more
since 2022 · until 2028
Shareholders
100%
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kastelsedijk 64
2480 Dessel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →SMET - TUNNELLING same network
€ 22.3 million revenue · 2025
SMET - BORING same network
€ 21.7 million revenue · 2025
SMET-F & C same network
€ 84.1 million revenue · 2025
SHM same network
€ 420,000 revenue · 2025
THV Smet F&C - Aertssen
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.902.538
- VAT number
- BE 0448.902.538
- Registered office
- Kastelsedijk 64, 2480 Dessel
- Names & denominations
- SMET GROUP OVERSEAS · SMET GO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1992
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Waterbouw, muv baggerwerken
Bouwrijp maken van terreinen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Bouw van civieltechnische werken voor vloeistoffen, neg