Financials
Financial year 2025
DE SMET from Berlare, company number BE0452814905, closed financial year 2025 with a result of € 20,685 after tax. For that financial year DE SMET recorded a gross margin of € 80,612 and equity of € 243,465. Compared with financial year 2024, the result moved from € 90,971 to € 20,685. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 243,465
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,685
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 177,865
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 159,006 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 128,723
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,103
▼ 20% vs 2024
€ 15,585 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 16,323
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,510
▼ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,388 | € 62,693 | € 133,234 | € 80,612 | ▼ 39% |
| Profit after taxes | € 41,202 | € 40,810 | € 90,971 | € 20,685 | ▼ 77% |
| Equity | € 299,908 | € 290,815 | € 381,786 | € 243,465 | ▼ 36% |
| Total debts | € 91,013 | € 77,703 | € 131,807 | € 166,446 | ▲ 26% |
| Cash | € 272,399 | € 167,018 | € 213,335 | € 177,865 | ▼ 17% |
| Land & buildings | € 4,566 | € 3,706 | € 2,845 | € 1,985 | ▼ 30% |
| Retained profit | € 281,316 | € 272,223 | € 363,194 | € 224,873 | ▼ 38% |
| Dividend | € 100 | € 49,903 | € 0 | € 159,006 | |
| Bank debt | € 27,153 | € 10,921 | € 75,118 | € 60,103 | ▼ 20% |
| Balance sheet total | € 390,921 | € 368,518 | € 513,593 | € 409,912 | ▼ 20% |
Key figures of 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 31 July 2027.
What happened to DE SMET?
What happened at DE SMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,685 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Berlare. KBO
- Peter De Smet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 41,202 profit in 2022 to € 20,685 profit in 2025.
Paid € 61,534 in corporate taxes since 2022.
Best year ever: 2024, with € 90,971 profit.
Paid out € 209,009 in dividends to the owners in total.
Management
Behind DE SMET is Peter De Smet.
Directors
According to the 2025 annual accounts
Peter De Smet
Director
since 1994
Establishments
Establishment units
Physical locations of this company
Donklaan 171
9290 Berlare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.814.905
- VAT number
- BE 0452.814.905
- Registered office
- Donklaan 171, 9290 Berlare
- Names & denominations
- DE SMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1994
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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