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.
Financials
Financial year 2025
S&M DEVELOPPEMENT from Geer, company number BE0641655394, closed financial year 2025 with a result of € -7,514 after tax. For that financial year S&M DEVELOPPEMENT recorded a gross margin of € -6,401 and equity of € 176,780. Compared with financial year 2024, the result moved from € -8,683 to € -7,514. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 176,780
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,514
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 133,562
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 76,780.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 162,053 | - | - | |
| Gross margin | € 29,578 | € -7,224 | € -15,811 | € -6,401 | ▲ € 9,410 |
| Profit after taxes | € 23 | € -13,078 | € -8,683 | € -7,514 | ▲ € 1,169 |
| Equity | € 206,055 | € 192,977 | € 184,294 | € 176,780 | ▼ 4% |
| Total debts | € 302,559 | € 41,542 | € 3,952 | € 0 | ▼ 100% |
| Cash | € 88,886 | € 188,622 | € 138,537 | € 133,562 | ▼ 4% |
| Retained profit | € 106,055 | € 92,977 | € 84,294 | € 76,780 | ▼ 9% |
| Dividend | € 200,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 508,614 | € 234,519 | € 188,246 | € 176,780 | ▼ 6% |
Key figures of S&M DEVELOPPEMENT, 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 S&M DEVELOPPEMENT?
What happened at S&M DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,514. Source: NBB ↗
- New establishment in Geer. KBO
- MACONNERIE DE HESBAYE SPRL became a director. NBB
- SEDAB INVEST SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23 profit in 2022 to € 7,514 loss in 2025.
Paid € 1,647 in corporate taxes since 2022.
Best year ever: 2022, with € 23 profit.
Paid out € 200,000 in dividends to the owners in total.
Management
Behind S&M DEVELOPPEMENT are MACONNERIE DE HESBAYE SPRL and SEDAB INVEST SRL. The shares are held by MACONNERIE DE HESBAYE SRL (50%) and SEDAB INVEST SRL (50%).
Directors
According to the 2025 annual accounts
Director · represented by Joseph NOSSIN
since 2015
Director · represented by Dominique SERVAIS
since 2015
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Emile Lejeune(GR) 3
4250 Geer
Rue de la Belle Vue(BOE) 2
4250 Geer
Active since 16 October 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0641.655.394
- VAT number
- BE 0641.655.394
- Registered office
- Rue Emile Lejeune(GR) 3, 4250 Geer
- Names & denominations
- S&M DEVELOPPEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2015
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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