Financials
Financial year 2025
SMITH-BELGIUM from Stabroek, company number BE0645665355, closed financial year 2025 with a result of € 71,043 after tax. For that financial year SMITH-BELGIUM recorded revenue of € 4.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 441,680 to € 71,043. 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 September 18, 2026.
€ 1.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,043
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 612,064
▲ 146% 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 € 974,071.
People and assets in 2025
21.6
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 10% vs 2024
€ 75,200 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.
€ 44,859
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 213,570
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 294,424
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 4,328,892 | € 5,177,102 | € 4,480,371 | ▼ 13% |
| Gross margin | € 1,577,471 | € 1,869,037 | € 2,131,118 | € 1,770,979 | ▼ 17% |
| Profit after taxes | € 213,572 | € 289,367 | € 441,680 | € 71,043 | ▼ 84% |
| Equity | € 424,970 | € 689,629 | € 1,112,128 | € 1,183,171 | ▲ 6% |
| Total debts | € 1,022,465 | € 701,651 | € 728,873 | € 734,655 | ▲ 1% |
| Cash | € 207,251 | € 207,260 | € 248,955 | € 612,064 | ▲ 146% |
| Retained profit | € 215,870 | € 480,529 | € 903,028 | € 974,071 | ▲ 8% |
| Balance sheet total | € 1,447,435 | € 1,391,281 | € 1,841,001 | € 1,917,826 | ▲ 4% |
| Employees (FTE) | 19.6 | 20.8 | 19.5 | 21.6 | ▲ 2.1 |
Key figures of SMITH-BELGIUM, 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 SMITH-BELGIUM?
What happened at SMITH-BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Edward Smith stepped down as director. NBB
- Willem Leijdekkers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 71,043 (▼ 84% vs 2024). filed late Source: NBB ↗
- New establishment in Stabroek. KBO
- Start of the company according to the CBE. KBO
- Edward Smith became a director. NBB
- Willem Leijdekkers became a director. NBB
In short
From € 213,572 profit in 2022 to € 71,043 profit in 2025.
Paid € 303,361 in corporate taxes since 2022.
Best year ever: 2024, with € 441,680 profit.
On average € 82,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Edward Smith
Director
since 2015 · until 2027
Willem Leijdekkers
Director
since 2015 · until 2027
Establishments
Establishment units
Physical locations of this company
Conservenweg 1C
2940 Stabroek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.665.355
- VAT number
- BE 0645.665.355
- Registered office
- Conservenweg 1C, 2940 Stabroek
- Names & denominations
- SMITH-BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2016
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Reparatie en onderhoud van machines
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Vervaardiging van consumentenelektronica