What does Smart Metal Works do?

Smart Metal Works is a metalworking company in Evergem. Public Limited, started on 30 November 1998, 1 establishment.

What is the address of Smart Metal Works?

The registered office of Smart Metal Works is located at Jacques Paryslaan 8, 9940 Evergem.

Is Smart Metal Works still active?

Yes. According to the CBE (29 October 2026) Smart Metal Works is active, legal situation “Normale toestand”, started on 30 November 1998.

Is Smart Metal Works registered on Peppol?

Yes, Smart Metal Works is registered on the Peppol network with ID 0208:0464698987.

What is the enterprise number of Smart Metal Works?

The enterprise number of Smart Metal Works is BE0464698987.

When was Smart Metal Works founded?

Smart Metal Works was founded on 30 November 1998.

Who are the directors of Smart Metal Works?

According to the 2025 annual accounts, the directors of Smart Metal Works are: Emreco BV, Team Industries nv.

Is Smart Metal Works a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 November 1998; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Smart Metal Works make in 2025?

Smart Metal Works posted a profit after taxes of € 413,390 in financial year 2025.

What is the revenue of Smart Metal Works?

In its most recent annual accounts (2025), Smart Metal Works reported revenue of € 18,497,816.

How much does an employee at Smart Metal Works earn?

The average wage cost per full-time employee at Smart Metal Works was € 66,200 in 2025: staff costs of € 4.9 million for 74.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Smart Metal Works have?

According to the 2025 annual accounts, Smart Metal Works has 74.1 full-time equivalents (FTE).

Smart Metal Works (Public Limited) - Evergem

Dossier Smart Metal Works, printed on 29 October 2026 from databakkes.be/en/0464698987/smart-metal-works. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Smart Metal Works from Evergem, company number BE0464698987, closed financial year 2025 with a result of € 413,390 after tax. For that financial year Smart Metal Works recorded revenue of € 18.5 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 561,436 to € 413,390. 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 22, 2026.

What it is worth Growing

€ 4.1 million

▲ 11% vs 2024

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

Profit Healthy

€ 413,390

▼ 26% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 957,937

▼ 14% 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 € 2.6 million.

People and assets in 2025

Full-time equivalents

74.1

▲ 1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.9 million

▲ 2% vs 2024

€ 66,200 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.

Vehicles and equipment

€ 2.6 million

▼ 9% vs 2024

Of which on lease € 2.5 million.

Debts at end 2025

Bank debt ≈ 3 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.

€ 2.9 million

▼ 18% vs 2024

€ 835,694 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 3.5 million

▲ 34% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.

Taxes and wages

€ 1.2 million

▼ 10% 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
Revenue	€ 19,590,834 Revenue 2022: € 19,590,834 First fiscal year in the series	€ 20,307,076 Revenue 2023: € 20,307,076 ▲ 4% vs 2022 (€ 19,590,834) Favourable step	€ 19,070,218 Revenue 2024: € 19,070,218 ▼ 6% vs 2023 (€ 20,307,076) Unfavourable step	€ 18,497,816 Revenue 2025: € 18,497,816 ▼ 3% vs 2024 (€ 19,070,218) Unfavourable step	▼ 3%
Profit after taxes	€ 386,420 Profit after taxes 2022: € 386,420 First fiscal year in the series	€ 645,992 Profit after taxes 2023: € 645,992 ▲ 67% vs 2022 (€ 386,420) Favourable step	€ 561,436 Profit after taxes 2024: € 561,436 ▼ 13% vs 2023 (€ 645,992) Unfavourable step	€ 413,390 Profit after taxes 2025: € 413,390 ▼ 26% vs 2024 (€ 561,436) Unfavourable step	▼ 26%
Equity	€ 2,880,290 Equity 2022: € 2,880,290 First fiscal year in the series	€ 3,526,282 Equity 2023: € 3,526,282 ▲ 22% vs 2022 (€ 2,880,290) Favourable step	€ 3,687,717 Equity 2024: € 3,687,717 ▲ 5% vs 2023 (€ 3,526,282) Favourable step	€ 4,101,107 Equity 2025: € 4,101,107 ▲ 11% vs 2024 (€ 3,687,717) Favourable step	▲ 11%
Total debts	€ 5,794,041 Total debts 2022: € 5,794,041 First fiscal year in the series	€ 5,379,467 Total debts 2023: € 5,379,467 ▼ 7% vs 2022 (€ 5,794,041) Favourable step	€ 7,880,213 Total debts 2024: € 7,880,213 ▲ 46% vs 2023 (€ 5,379,467) Unfavourable step	€ 7,611,208 Total debts 2025: € 7,611,208 ▼ 3% vs 2024 (€ 7,880,213) Favourable step	▼ 3%
Cash	€ 408,736 Cash 2022: € 408,736 First fiscal year in the series	€ 1,491,259 Cash 2023: € 1,491,259 ▲ 265% vs 2022 (€ 408,736) Favourable step	€ 1,111,329 Cash 2024: € 1,111,329 ▼ 25% vs 2023 (€ 1,491,259) Unfavourable step	€ 957,937 Cash 2025: € 957,937 ▼ 14% vs 2024 (€ 1,111,329) Unfavourable step	▼ 14%
Retained profit	€ 1,392,919 Retained profit 2022: € 1,392,919 First fiscal year in the series	€ 2,038,911 Retained profit 2023: € 2,038,911 ▲ 46% vs 2022 (€ 1,392,919) Favourable step	€ 2,200,347 Retained profit 2024: € 2,200,347 ▲ 8% vs 2023 (€ 2,038,911) Favourable step	€ 2,613,736 Retained profit 2025: € 2,613,736 ▲ 19% vs 2024 (€ 2,200,347) Favourable step	▲ 19%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 400,000 Dividend 2024: € 400,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 400,000) Unchanged	▼ 100%
Bank debt	€ 1,064,954 Bank debt 2022: € 1,064,954 First fiscal year in the series	€ 1,123,667 Bank debt 2023: € 1,123,667 ▲ 6% vs 2022 (€ 1,064,954) Unfavourable step	€ 3,470,489 Bank debt 2024: € 3,470,489 ▲ 209% vs 2023 (€ 1,123,667) Unfavourable step	€ 2,850,011 Bank debt 2025: € 2,850,011 ▼ 18% vs 2024 (€ 3,470,489) Favourable step	▼ 18%
Balance sheet total	€ 8,674,330 Balance sheet total 2022: € 8,674,330 First fiscal year in the series	€ 9,055,749 Balance sheet total 2023: € 9,055,749 ▲ 4% vs 2022 (€ 8,674,330) Unchanged	€ 11,717,931 Balance sheet total 2024: € 11,717,931 ▲ 29% vs 2023 (€ 9,055,749) Unchanged	€ 11,712,315 Balance sheet total 2025: € 11,712,315 Unchanged (€ 11,717,931) Unchanged
Employees (FTE)	64.3 Employees (FTE) 2022: 64.3 First fiscal year in the series	67.8 Employees (FTE) 2023: 67.8 ▲ 3.5 vs 2022 (64.3) Unchanged	73.1 Employees (FTE) 2024: 73.1 ▲ 5.3 vs 2023 (67.8) Unchanged	74.1 Employees (FTE) 2025: 74.1 ▲ 1 vs 2024 (73.1) Unchanged	▲ 1

Key figures of Smart Metal Works, 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 Smart Metal Works?

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

2031 Emreco BV stepped down as director. NBB
2031 Team Industries nv stepped down as director. NBB
Jul 22, 2026 New annual accounts for financial year 2025: profit of € 413,390 (▼ 26% vs 2024). Source: NBB ↗
2025 Team Industries nv became a director. NBB
2025 Emreco BV became a director. NBB
Dec 19, 2000 New establishment in Evergem. KBO
Nov 30, 1998 Start of the company according to the CBE. KBO

In short

From € 386,420 profit in 2022 to € 413,390 profit in 2025.

Paid € 798,183 in corporate taxes since 2022.

Best year ever: 2023, with € 645,992 profit.

Paid out € 400,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

TEAM INDUSTRIES 99.7%

Team Industries Belgium Holding

The stake of TEAM INDUSTRIES, Team Industries Belgium Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Smart Metal Works

SC Smart Romania SRL 0%

The shares are held by TEAM INDUSTRIES (99.7%) and Team Industries Belgium Holding. It owns 0% of SC Smart Romania SRL itself.

Directors

According to the 2025 annual accounts

Emreco BV

Director · represented by Sylvie Van Kerrebroek

Also active at: Team Industries Distribution Center, CONSTELLATION COLD LOGISTICS GEL, CONSTELLATION COLD LOGISTICS LOMMEL BEHEER, CONSTELLATION COLD LOGISTICS LOMMEL, TEAM INDUSTRIES, CONSTELLATION COLD LOGISTICS MOUSCRON, CONSTELLATION COLD LOGISTICS SERVICES, CONSTELLATION COLD LOGISTICS HDS +4 more

since 2025 · until 2031

Team Industries nv

Managing director · represented by Bernhard Weiß

Also active at: Team Industries Distribution Center, SOFITECH, Team Industries Roeselare

since 2025 · until 2031

Shareholders

TEAM INDUSTRIES

99.7%

Team Industries Belgium Holding

Participations

SC Smart Romania SRL

Establishments

Establishment units

Physical locations of this company

Registered office

Jacques Paryslaan 8

9940 Evergem

2.092.245.161

Jacques Paryslaan 6 8 box 1

9940 Evergem

Active since 19 December 2000

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Team Industries Distribution Center same network

€ 2.5 million revenue · 2025

TEAM INDUSTRIES same network

€ 44,273 revenue · 2025

Team Industries Belgium Holding same network

€ 4.2 million revenue · 2025

Team Industries MP STAK

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

Details

Company number

0464.698.987

VAT number

BE 0464.698.987

Registered office

Jacques Paryslaan 8, 9940 Evergem

Names & denominations

Smart Metal Works

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 November 1998

Peppol

Active · Active since 8 Jan 2026

Activities · NACE

Bewerken van metaal en poedermetallurgie

Persen, stampen en profielwalsen van metaal

Vervaardiging van overige producten van metaal, neg

Persen, stampen en profielwalsen van metaal; poedermetallurgie

View on CBE Public ↗ Annual accounts (NBB) ↗

Smart Metal Works

Financials

What happened to Smart Metal Works?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions