Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SMET GWT EUROPE from Dessel, company number BE0677985755, closed financial year 2025 with a result of € 747,531 after tax. For that financial year SMET GWT EUROPE recorded revenue of € 39.1 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 252,844 to € 747,531. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 5.6 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 747,531
▲ 196% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
152.3
▲ 9.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.5 million
▲ 12% vs 2024
€ 81,900 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.
€ 2.6 million
▲ 47% vs 2024
Of which on lease € 2.5 million.
Debts at end 2025
€ 3 million
▲ 36% vs 2024
€ 701,619 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7.3 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.
€ 2.1 million
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 27,818,732 | € 32,405,774 | € 36,116,260 | € 39,107,916 | ▲ 8% |
| Profit after taxes | € 248,862 | € 73,055 | € 252,844 | € 747,531 | ▲ 196% |
| Equity | € 4,566,951 | € 4,612,932 | € 4,844,450 | € 5,579,674 | ▲ 15% |
| Total debts | € 10,442,206 | € 12,241,969 | € 10,963,332 | € 13,660,651 | ▲ 25% |
| Cash | € 5,353 | € 762 | - | - | |
| Land & buildings | € 8,291 | € 6,211 | € 4,131 | € 2,051 | ▼ 50% |
| Retained profit | € 2,221,260 | € 2,294,314 | € 2,547,158 | € 3,294,689 | ▲ 29% |
| Bank debt | € 2,761,154 | € 2,961,408 | € 2,237,312 | € 3,047,195 | ▲ 36% |
| Balance sheet total | € 15,009,157 | € 16,854,901 | € 15,807,782 | € 19,240,325 | ▲ 22% |
| Employees (FTE) | 135.8 | 138.5 | 142.8 | 152.3 | ▲ 9.5 |
Key figures of SMET GWT EUROPE, 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 GWT EUROPE?
What happened at SMET GWT EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Smet stepped down as director. NBB
- Willem Smet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 747,531 (▲ 196% vs 2024). Source: NBB ↗
- Dirk Smet became a director. NBB
- Willem Smet became a director. NBB
- New establishment in Fleurus. KBO
- New establishment in Dessel. KBO
- Start of the company according to the CBE. KBO
In short
From € 248,862 profit in 2022 to € 747,531 profit in 2025.
Paid € 541,614 in corporate taxes since 2022.
Best year ever: 2025, with € 747,531 profit.
Pays suppliers within 103 days on average.
A new publication or filing at SMET GWT EUROPE? We notify you, reason included.
Follow SMET GWT EUROPEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of SMET - BORING, SHM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMET GWT EUROPEThe shares are held by SMET - BORING (100%) and SHM (0%).
Directors
According to the 2025 annual accounts
Dirk Smet
Director
Also active at: SMET - TUNNELLING, SMET - BORING, SMET-F & C, SMET GROUP OVERSEAS, MGD, SHM, SMET PILE
since 2023 · until 2029
Willem Smet
Managing director
Also active at: SMET - TUNNELLING, Lidwina vzw, SMET - BORING, SMET-F & C, SMET GROUP OVERSEAS, De Kraey, SHM, SMET PILE +1 more
since 2023 · until 2029
Shareholders
100%
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kastelsedijk 64
2480 Dessel
Avenue de Spirou(FL) 22
6220 Fleurus
Active since 18 September 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →SMET - TUNNELLING same network
€ 22.3 million revenue · 2025
SMET - BORING same network
€ 21.7 million revenue · 2025
SMET-F & C same network
€ 84.1 million revenue · 2025
SMET GROUP OVERSEAS same network
€ -64,894 gross margin · 2025
SHM same network
€ 420,000 revenue · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.985.755
- VAT number
- BE 0677.985.755
- Registered office
- Kastelsedijk 64, 2480 Dessel
- Names & denominations
- SMET GWT EUROPE · SMET GE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2017
- Peppol
- Active · Active since 27 Nov 2024
- Activities · NACE
Bouw van civieltechnische werken voor vloeistoffen, neg
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Waterbouw, muv baggerwerken
Bouwrijp maken van terreinen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden