SMETCO is a waste processor in Waasmunster. Public Limited, started on 25 January 1993, 1 establishment.

What is the address of SMETCO?

The registered office of SMETCO is located at Manta 5, 9250 Waasmunster.

Is SMETCO still active?

Yes. According to the CBE (31 October 2026) SMETCO is active, legal situation “Normale toestand”, started on 25 January 1993.

Is SMETCO registered on Peppol?

Yes, SMETCO is registered on the Peppol network with ID 0208:0449295288.

What is the enterprise number of SMETCO?

The enterprise number of SMETCO is BE0449295288.

When was SMETCO founded?

SMETCO was founded on 25 January 1993.

Who are the directors of SMETCO?

According to the 2025 annual accounts, the directors of SMETCO are: Geert Smet, Smetco Invest BV.

Is SMETCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 January 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SMETCO make in 2025?

SMETCO posted a profit after taxes of € 28,594 in financial year 2025.

What is the revenue of SMETCO?

As a small company, SMETCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,913,204.

How much does an employee at SMETCO earn?

The average wage cost per full-time employee at SMETCO was € 65,800 in 2025: staff costs of € 1.2 million for 17.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SMETCO have?

According to the 2025 annual accounts, SMETCO has 17.9 full-time equivalents (FTE).

SMETCO (Public Limited) - Waasmunster - BE0449295288

Dossier SMETCO, printed on 31 October 2026 from databakkes.be/en/0449295288/smetco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SMETCO from Waasmunster, company number BE0449295288, closed financial year 2025 with a result of € 28,594 after tax. For that financial year SMETCO recorded a gross margin of € 1.9 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 71,062 to € 28,594. 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 24, 2026.

What it is worth Growing

€ 2.5 million

▲ 1% vs 2024

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

Profit Healthy

€ 28,594

▼ 60% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 436,885

▼ 44% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.4 million.

People and assets in 2025

Full-time equivalents

17.9

▲ 0.8 vs 2024

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

Wage cost

€ 1.2 million

▲ 1% vs 2024

€ 65,800 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

€ 2.7 million

▼ 8% vs 2024

Of which on lease € 2.3 million.

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.

€ 1.5 million

▼ 29% vs 2024

€ 602,821 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 756,140

▲ 30% vs 2024

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

Taxes and wages

€ 242,456

▲ 12% 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	€ 1,909,098 Gross margin 2022: € 1,909,098 First fiscal year in the series	€ 1,964,245 Gross margin 2023: € 1,964,245 ▲ 3% vs 2022 (€ 1,909,098) Favourable step	€ 1,888,796 Gross margin 2024: € 1,888,796 ▼ 4% vs 2023 (€ 1,964,245) Unfavourable step	€ 1,913,204 Gross margin 2025: € 1,913,204 ▲ 1% vs 2024 (€ 1,888,796) Favourable step	▲ 1%
Profit after taxes	€ 377,093 Profit after taxes 2022: € 377,093 First fiscal year in the series	€ 259,396 Profit after taxes 2023: € 259,396 ▼ 31% vs 2022 (€ 377,093) Unfavourable step	€ 71,062 Profit after taxes 2024: € 71,062 ▼ 73% vs 2023 (€ 259,396) Unfavourable step	€ 28,594 Profit after taxes 2025: € 28,594 ▼ 60% vs 2024 (€ 71,062) Unfavourable step	▼ 60%
Equity	€ 2,109,483 Equity 2022: € 2,109,483 First fiscal year in the series	€ 2,368,879 Equity 2023: € 2,368,879 ▲ 12% vs 2022 (€ 2,109,483) Favourable step	€ 2,439,941 Equity 2024: € 2,439,941 ▲ 3% vs 2023 (€ 2,368,879) Favourable step	€ 2,468,535 Equity 2025: € 2,468,535 ▲ 1% vs 2024 (€ 2,439,941) Favourable step	▲ 1%
Total debts	€ 3,535,724 Total debts 2022: € 3,535,724 First fiscal year in the series	€ 3,722,003 Total debts 2023: € 3,722,003 ▲ 5% vs 2022 (€ 3,535,724) Unfavourable step	€ 3,111,382 Total debts 2024: € 3,111,382 ▼ 16% vs 2023 (€ 3,722,003) Favourable step	€ 2,705,470 Total debts 2025: € 2,705,470 ▼ 13% vs 2024 (€ 3,111,382) Favourable step	▼ 13%
Cash	€ 1,051,871 Cash 2022: € 1,051,871 First fiscal year in the series	€ 902,022 Cash 2023: € 902,022 ▼ 14% vs 2022 (€ 1,051,871) Unfavourable step	€ 774,744 Cash 2024: € 774,744 ▼ 14% vs 2023 (€ 902,022) Unfavourable step	€ 436,885 Cash 2025: € 436,885 ▼ 44% vs 2024 (€ 774,744) Unfavourable step	▼ 44%
Retained profit	€ 2,044,483 Retained profit 2022: € 2,044,483 First fiscal year in the series	€ 2,303,879 Retained profit 2023: € 2,303,879 ▲ 13% vs 2022 (€ 2,044,483) Favourable step	€ 2,374,941 Retained profit 2024: € 2,374,941 ▲ 3% vs 2023 (€ 2,303,879) Favourable step	€ 2,403,535 Retained profit 2025: € 2,403,535 ▲ 1% vs 2024 (€ 2,374,941) Favourable step	▲ 1%
Bank debt	€ 2,510,764 Bank debt 2022: € 2,510,764 First fiscal year in the series	€ 2,468,590 Bank debt 2023: € 2,468,590 ▼ 2% vs 2022 (€ 2,510,764) Favourable step	€ 2,091,260 Bank debt 2024: € 2,091,260 ▼ 15% vs 2023 (€ 2,468,590) Favourable step	€ 1,489,062 Bank debt 2025: € 1,489,062 ▼ 29% vs 2024 (€ 2,091,260) Favourable step	▼ 29%
Balance sheet total	€ 5,645,207 Balance sheet total 2022: € 5,645,207 First fiscal year in the series	€ 6,090,882 Balance sheet total 2023: € 6,090,882 ▲ 8% vs 2022 (€ 5,645,207) Unchanged	€ 5,551,323 Balance sheet total 2024: € 5,551,323 ▼ 9% vs 2023 (€ 6,090,882) Unchanged	€ 5,174,005 Balance sheet total 2025: € 5,174,005 ▼ 7% vs 2024 (€ 5,551,323) Unchanged	▼ 7%
Employees (FTE)	17.8 Employees (FTE) 2022: 17.8 First fiscal year in the series	15.6 Employees (FTE) 2023: 15.6 ▼ 2.2 vs 2022 (17.8) Unchanged	17.1 Employees (FTE) 2024: 17.1 ▲ 1.5 vs 2023 (15.6) Unchanged	17.9 Employees (FTE) 2025: 17.9 ▲ 0.8 vs 2024 (17.1) Unchanged	▲ 0.8

Key figures of SMETCO, 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 SMETCO?

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

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 28,594 (▼ 60% vs 2024). Source: NBB ↗
Mar 24, 1993 New establishment in Waasmunster. KBO
Jan 25, 1993 Start of the company according to the CBE. KBO

In short

From € 377,093 profit in 2022 to € 28,594 profit in 2025.

Paid € 172,378 in corporate taxes since 2022.

Best year ever: 2022, with € 377,093 profit.

On average € 106,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SMETCO INVEST

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

SMETCO

Behind SMETCO are Geert Smet and Smetco Invest BV. The shares are held by SMETCO INVEST.

Directors

According to the 2025 annual accounts

Geert Smet

Andere functie

Also active at: SMET VERVOER EN CONTAINERDIENST, SMETCO INVEST

Smetco Invest BV

Managing director

Shareholders

SMETCO INVEST

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Manta 5

9250 Waasmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

SMETCO INVEST same network

€ 249,347 gross margin · 2025

BTWE SMETCO GROEP

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

Details

Company number

0449.295.288

VAT number

BE 0449.295.288

Registered office

Manta 5, 9250 Waasmunster

Names & denominations

SMETCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 January 1993

Peppol

Active · Active since 13 May 2025

Activities · NACE

Andere afvalverwijdering

Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Overige verwerking en verwijdering van ongevaarlijk afval

Logistieke diensten

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

SMETCO

Financials

What happened to SMETCO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions