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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SHM from Dessel, company number BE0478621160, closed financial year 2025 with a result of € 28,411 after tax. For that financial year SHM recorded revenue of € 420,000 and equity of € 14 million. Compared with financial year 2024, the result moved from € 7,382 to € 28,411. 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 24, 2026.
€ 14 million
▲ 101% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,411
▲ 285% vs 2024
Profit after tax over the fiscal year.
€ 7,919
▼ 32% 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 € 1.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 51,927
▲ € 42,308 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 19,120
▲ € 18,851 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 | |
|---|---|---|---|---|---|
| Revenue | € 300,000 | € 300,000 | € 300,000 | € 420,000 | ▲ 40% |
| Profit after taxes | € 12,663 | € 6,198 | € 7,382 | € 28,411 | ▲ 285% |
| Equity | € 6,947,041 | € 6,953,239 | € 6,960,621 | € 13,999,418 | ▲ 101% |
| Total debts | € 74,624 | € 81,414 | € 83,090 | € 71,047 | ▼ 14% |
| Cash | € 37 | € 1,251 | € 11,699 | € 7,919 | ▼ 32% |
| Retained profit | € 1,218,641 | € 1,224,839 | € 1,232,221 | € 1,260,632 | ▲ 2% |
| Balance sheet total | € 7,021,665 | € 7,034,653 | € 7,043,710 | € 14,070,465 | ▲ 100% |
Key figures of SHM, 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 SHM?
What happened at SHM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Kraey stepped down as director. NBB
- Griet Carlier stepped down as director. NBB
- Lieve Maria Christiane W Van Oosterwyck stepped down as director. NBB
- MGD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 28,411 (▲ 285% vs 2024). Source: NBB ↗
- De Kraey became a director. NBB
- Griet Carlier became a director. NBB
- Lieve Maria Christiane W Van Oosterwyck became a director. NBB
In short
From € 12,663 profit in 2022 to € 28,411 profit in 2025.
Paid € 19,767 in corporate taxes since 2022.
Best year ever: 2025, with € 28,411 profit.
Pays suppliers within 50 days on average.
Management
It owns 100% of Smet Group Nederland, 100% of Smet Boring, 1% of Smet Techniques Spéciales, 0.2% of Smet Tunnelling, 0% of Smet F&C and 0% of Smet GWT Europe itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kastelsedijk 64
2480 Dessel
Oude Markt 1
2480 Dessel
Active since 5 February 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →SMET - TUNNELLING same network
€ 22.3 million revenue · 2025
SMET - BORING same network
€ 21.7 million revenue · 2025
SMET-F & C same network
€ 84.1 million revenue · 2025
SMET GROUP OVERSEAS same network
€ -64,894 gross margin · 2025
THV Smet F&C - Aertssen
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.621.160
- VAT number
- BE 0478.621.160
- Registered office
- Kastelsedijk 64, 2480 Dessel
- Names & denominations
- SHM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2002
- Peppol
- Active · Active since 5 May 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings