Financials
Financial year 2025
SMILING BAKER from Oupeye, company number BE0667999210, closed financial year 2025 with a result of € 2 million after tax. For that financial year SMILING BAKER recorded revenue of € 12.5 million and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 2.5 million to € 2 million. 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 June 30, 2026.
€ 6.8 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 20,118
▼ 86% 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 € 6.3 million.
People and assets in 2025
32
▲ 7.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 20% vs 2024
€ 45,700 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.
€ 103,369
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 35% vs 2024
€ 890,865 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 782,189
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 541,416
▲ 153% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 15,755,767 | € 12,476,464 | ▼ 21% |
| Gross margin | € 3,203,600 | € 5,054,489 | - | - | |
| Profit after taxes | € 509,268 | € 2,256,649 | € 2,489,049 | € 2,033,167 | ▼ 18% |
| Equity | € 2,746,894 | € 2,763,943 | € 4,941,391 | € 6,775,958 | ▲ 37% |
| Total debts | € 7,200,440 | € 8,299,043 | € 3,440,572 | € 2,991,063 | ▼ 13% |
| Cash | € 442,813 | € 445,077 | € 144,893 | € 20,118 | ▼ 86% |
| Land & buildings | € 1,517,886 | - | - | - | |
| Retained profit | € 2,078,094 | € 1,779,743 | € 4,268,791 | € 6,301,958 | ▲ 48% |
| Dividend | € 0 | € 2,555,000 | € 0 | € 0 | |
| Bank debt | € 5,754,467 | € 4,009,296 | € 2,559,888 | € 1,655,409 | ▼ 35% |
| Balance sheet total | € 9,947,333 | € 11,062,985 | € 8,381,963 | € 9,767,021 | ▲ 17% |
| Employees (FTE) | - | 24 | 24.5 | 32 | ▲ 7.5 |
Key figures of SMILING BAKER, 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 SMILING BAKER?
What happened at SMILING BAKER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million (▼ 18% vs 2024). Source: NBB ↗
- Julie PIETTEUR became a director. NBB
- New establishment in Oupeye. KBO
- Start of the company according to the CBE. KBO
In short
From € 509,268 profit in 2022 to € 2 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
On average € 210,600 of value added per employee in 2023.
Management
Behind SMILING BAKER is Julie PIETTEUR. The shares are held by Didier PIETTEUR (85%) and Julie PIETTEUR (15%).
Directors
According to the 2025 annual accounts
Julie PIETTEUR
Director
Owns 15% directly
Also active at: IMMOROC, FUNNY PARTY, SOCIETE DE COMMERCIALISATION ET PRODUCTION BELGE, ZONE SUD
since 2024
Shareholders
Didier PIETTEUR
85%
Julie PIETTEUR · director
15%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue César de Paepe 55
4683 Oupeye
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
- 0667.999.210
- VAT number
- BE 0667.999.210
- Registered office
- Rue César de Paepe 55, 4683 Oupeye
- Names & denominations
- SMILING BAKER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2016
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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