Financials
Financial year 2025
Smet - Engels from Bornem, company number BE0578916586, closed financial year 2025 with a result of € 21,908 after tax. For that financial year Smet - Engels recorded a gross margin of € 51,478 and equity of € 100,916. Compared with financial year 2024, the result moved from € 23,932 to € 21,908. 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 April 21, 2026.
€ 100,916
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,908
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 60,423
▲ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 53,310
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,825
▼ 20% vs 2024
€ 6,817 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 948
▲ 169% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 942
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,742 | € 45,805 | € 44,851 | € 51,478 | ▲ 15% |
| Profit after taxes | € 25,927 | € 25,278 | € 23,932 | € 21,908 | ▼ 8% |
| Equity | € 34,795 | € 58,407 | € 80,674 | € 100,916 | ▲ 25% |
| Total debts | € 16,533 | € 2,258 | € 36,362 | € 29,381 | ▼ 19% |
| Cash | € 26,488 | € 51,851 | € 33,248 | € 60,423 | ▲ 82% |
| Land & buildings | - | - | € 4,985 | € 4,476 | ▼ 10% |
| Retained profit | € 19,795 | € 43,407 | € 65,674 | € 85,916 | ▲ 31% |
| Dividend | € 13,450 | € 1,666 | € 1,666 | € 1,666 | |
| Bank debt | € 2,135 | € 0 | € 32,358 | € 25,825 | ▼ 20% |
| Balance sheet total | € 51,328 | € 60,665 | € 117,036 | € 130,297 | ▲ 11% |
Key figures of Smet - Engels, 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 Smet - Engels?
What happened at Smet - Engels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,908 (▼ 8% vs 2024). Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,927 profit in 2022 to € 21,908 profit in 2025.
Paid € 44,151 in corporate taxes since 2022.
Best year ever: 2022, with € 25,927 profit.
Paid out € 18,448 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
Directors
According to the 2025 annual accounts
Michaël Smet
Director
Establishments
Establishment units
Physical locations of this company
Broekstraat(BOR) 56
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0578.916.586
- VAT number
- BE 0578.916.586
- Registered office
- Broekstraat(BOR) 56, 2880 Bornem
- Names & denominations
- Smet - Engels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2015
- Peppol
- Active · Active since 22 Sept 2025
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