Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ets PIERRE SMULDERS from Sint-Pieters-Leeuw, company number BE0471019429, closed financial year 2025 with a result of € -19,796 after tax. For that financial year Ets PIERRE SMULDERS recorded a gross margin of € 140,375 and equity of € 1,007. Compared with financial year 2024, the result moved from € -87,543 to € -19,796. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 13, 2026.
€ 1,007
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,796
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 228
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,327.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 124,770
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,693
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,894
▼ 11% vs 2024
€ 19,006 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 38,919
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,026
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,620 | € 162,996 | € 60,251 | € 140,375 | ▲ 133% |
| Profit after taxes | € 23,423 | € 9,142 | € -87,543 | € -19,796 | ▲ € 67,747 |
| Equity | € 100,005 | € 108,347 | € 20,803 | € 1,007 | ▼ 95% |
| Total debts | € 181,528 | € 214,242 | € 271,893 | € 252,990 | ▼ 7% |
| Cash | € 2,339 | € 3,427 | € 1,482 | € 228 | ▼ 85% |
| Retained profit | € 93,671 | € 102,013 | € 14,469 | € -5,327 | ▼ € 19,796 |
| Dividend | € 800 | € 800 | € 0 | € 0 | |
| Bank debt | € 37,455 | € 33,109 | € 91,207 | € 80,894 | ▼ 11% |
| Balance sheet total | € 281,533 | € 322,589 | € 292,696 | € 253,997 | ▼ 13% |
Key figures of Ets PIERRE SMULDERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Ets PIERRE SMULDERS?
What happened at Ets PIERRE SMULDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,796. filed late Source: NBB ↗
- Denis Smulders became a director. NBB
- New establishment in Sint-Pieters-Leeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,423 profit in 2022 to € 19,796 loss in 2025.
Paid € 24,109 in corporate taxes since 2022.
Best year ever: 2022, with € 23,423 profit.
Paid out € 1,600 in dividends to the owners in total.
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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
Behind Ets PIERRE SMULDERS is Denis Smulders.
Directors
According to the 2025 annual accounts
Denis Smulders
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Eugène Ghijsstraat 78
1600 Sint-Pieters-Leeuw
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mail.com
Website info
Features
Security
Details
- Company number
- 0471.019.429
- VAT number
- BE 0471.019.429
- Registered office
- Eugène Ghijsstraat 78, 1600 Sint-Pieters-Leeuw
- Names & denominations
- Ets PIERRE SMULDERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2000
- Peppol
- Active · Active since 14 Feb 2025
- Activities · NACE
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