Financials
Financial year 2025
TRANSPORT MICHAËL SMET from Hamme (Vl.), company number BE0505942595, closed financial year 2025 with a result of € 4,330 after tax. For that financial year TRANSPORT MICHAËL SMET recorded a gross margin of € 495,137 and equity of € 102,717. Compared with financial year 2024, the result moved from € 6,741 to € 4,330. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 102,717
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,330
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 368
▼ 92% 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 € 96,517.
People and assets in 2025
€ 358,464
▲ 62% 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.
€ 175,855
▼ 25% vs 2024
Of which on lease € 117,142.
Debts at end 2025
€ 140,805
▼ 40% vs 2024
€ 64,483 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 57,574
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,482
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 225,999 | € 269,227 | € 353,885 | € 495,137 | ▲ 40% |
| Profit after taxes | € 36,345 | € 11,765 | € 6,741 | € 4,330 | ▼ 36% |
| Equity | € 79,982 | € 91,747 | € 98,488 | € 102,717 | ▲ 4% |
| Total debts | € 191,548 | € 352,938 | € 357,238 | € 313,728 | ▼ 12% |
| Cash | € 66,413 | € 12,742 | € 4,523 | € 368 | ▼ 92% |
| Land & buildings | € 9,962 | € 9,092 | € 26,763 | € 27,645 | ▲ 3% |
| Retained profit | € 73,782 | € 85,547 | € 92,288 | € 96,517 | ▲ 5% |
| Bank debt | € 122,975 | € 258,328 | € 234,071 | € 140,805 | ▼ 40% |
| Balance sheet total | € 271,530 | € 444,685 | € 455,726 | € 416,445 | ▼ 9% |
Key figures of TRANSPORT MICHAËL 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 30 April 2027.
What happened to TRANSPORT MICHAËL SMET?
What happened at TRANSPORT MICHAËL 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 € 4,330 (▼ 36% vs 2024). Source: NBB ↗
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 36,345 profit in 2022 to € 4,330 profit in 2025.
Paid € 28,537 in corporate taxes since 2022.
Best year ever: 2022, with € 36,345 profit.
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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 TRANSPORT MICHAËL SMET is Michaël Smet.
Directors
According to the 2025 annual accounts
Michaël Smet
Director
Establishments
Establishment units
Physical locations of this company
Heirbaan 39
9220 Hamme (Vl.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.942.595
- VAT number
- BE 0505.942.595
- Registered office
- Heirbaan 39, 9220 Hamme (Vl.)
- Names & denominations
- TRANSPORT MICHAËL SMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2014
- Peppol
- Active · Active since 1 Apr 2024
- Activities · NACE
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