Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Frank De Smedt from Asse, company number BE0672813477, closed financial year 2025 with a result of € 75,607 after tax. For that financial year Frank De Smedt recorded a gross margin of € 95,789 and equity of € 20,460. Compared with financial year 2024, the result moved from € -13,298 to € 75,607. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 20,460
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,607
▲ still € 13,298 loss in 2024
Profit after tax over the fiscal year.
€ 29,794
Cash and bank balances on the last day of the fiscal year.
€ 77,480 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,650
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,400
▲ 268% 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 | € -15,600 | € 16,050 | € -10,758 | € 95,789 | ▲ € 106,547 |
| Profit after taxes | € -19,824 | € 10,222 | € -13,298 | € 75,607 | ▲ € 88,905 |
| Equity | € 25,408 | € 35,630 | € 22,333 | € 20,460 | ▼ 8% |
| Total debts | € 37,461 | € 30,065 | € 26,522 | € 102,752 | ▲ 287% |
| Cash | € 0 | - | - | € 29,794 | |
| Retained profit | € 6,808 | € 17,030 | € 3,733 | € 1,860 | ▼ 50% |
| Dividend | € 0 | € 0 | € 0 | € 77,480 | |
| Bank debt | € 10,589 | € 5,308 | € 12,329 | € 0 | ▼ 100% |
| Balance sheet total | € 62,869 | € 65,695 | € 48,854 | € 123,212 | ▲ 152% |
Key figures of Frank De Smedt, 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 Frank De Smedt?
What happened at Frank De Smedt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,607. Source: NBB ↗
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
- Frank De Smedt became a director. NBB
In short
From € 19,824 loss in 2022 to € 75,607 profit in 2025.
Paid € 17,949 in corporate taxes since 2022.
Best year ever: 2025, with € 75,607 profit.
Paid out € 77,480 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
Behind Frank De Smedt is Frank De Smedt.
Directors
According to the 2025 annual accounts
Frank De Smedt
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Wolfrot 26
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0672.813.477
- VAT number
- BE 0672.813.477
- Registered office
- Wolfrot 26, 1730 Asse
- Names & denominations
- Frank De Smedt
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van hydraulische en pneumatische apparatuur
Coating van metalen
Oppervlaktebehandeling van metalen