Financials
Financial year 2025
SMO from Eeklo, company number BE0478519311, closed financial year 2025 with a result of € 678,894 after tax. For that financial year SMO recorded revenue of € 14.8 million and equity of € 8.2 million. Compared with financial year 2024, the result moved from € 445,605 to € 678,894. Profitable, and profit is growing. 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 28, 2026.
€ 8.2 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 678,894
▲ 52% vs 2024
Profit after tax over the fiscal year.
€ 3.6 million
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 8.2 million.
People and assets in 2025
52.8
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▲ 7% vs 2024
€ 76,500 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.
€ 201,675
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6 million
▲ 29% vs 2024
€ 487,490 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1.2 million
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 689,705
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 10,349,069 | € 10,508,382 | € 14,845,513 | ▲ 41% |
| Gross margin | € 4,731,877 | - | - | - | |
| Profit after taxes | € 1,126,361 | € 1,496,400 | € 445,605 | € 678,894 | ▲ 52% |
| Equity | € 6,410,858 | € 7,116,225 | € 7,561,831 | € 8,240,725 | ▲ 9% |
| Total debts | € 3,129,394 | € 3,843,735 | € 8,869,093 | € 10,431,899 | ▲ 18% |
| Cash | € 624,482 | € 2,064,369 | € 3,011,536 | € 3,569,421 | ▲ 19% |
| Land & buildings | € 1,102,693 | € 1,320,197 | € 3,831,708 | € 7,153,056 | ▲ 87% |
| Retained profit | € 5,858,101 | € 7,036,225 | € 7,481,831 | € 8,160,725 | ▲ 9% |
| Dividend | € 100,000 | € 318,275 | € 0 | € 0 | |
| Bank debt | € 1,137,292 | € 1,492,947 | € 4,620,213 | € 5,954,886 | ▲ 29% |
| Balance sheet total | € 9,540,251 | € 10,959,961 | € 16,430,924 | € 18,672,624 | ▲ 14% |
| Employees (FTE) | 49.7 | 47.9 | 51.1 | 52.8 | ▲ 1.7 |
Key figures of SMO, 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 SMO?
What happened at SMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 678,894 (▲ 52% vs 2024). Source: NBB ↗
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 678,894 profit in 2025.
Paid € 675,018 in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
On average € 95,200 of value added per employee in 2022.
Management
Behind SMO is Sander Mollet. The shares are held by Mollet Sander (90%) and Mollet Lode (10%). It owns 100% of JIP itself.
Directors
According to the 2025 annual accounts
Sander Mollet
Bestuurder
Also active at: DE JONGHE, JIP, THE LIMITS, SMO Holding, SMO Machinebouw, De Jonghe-Mollet
Shareholders
Mollet Sander
90%
Mollet Lode
10%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Nieuwendorpe 14
9900 Eeklo
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.519.311
- VAT number
- BE 0478.519.311
- Registered office
- Nieuwendorpe 14, 9900 Eeklo
- Names & denominations
- SMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen constructiewerken en delen daarvan
Installatie van industriële machines, toestellen en werktuigen