Financials
Financial year 2025
Karweiwerken Ludwig Smits from Wuustwezel, company number BE0735948007, closed financial year 2025 with a result of € 32,050 after tax. For that financial year Karweiwerken Ludwig Smits recorded a gross margin of € 45,448 and equity of € 74,620. Compared with financial year 2024, the result moved from € 13,179 to € 32,050. Profitable, and profit is growing. 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 July 23, 2026.
€ 74,620
▲ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,050
▲ 143% vs 2024
Profit after tax over the fiscal year.
€ 36,933
▲ 221% 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 € 64,620.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,060
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,224
€ 4,792 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,668
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,667
▲ 82% 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 | € 9,156 | € 15,406 | € 16,098 | € 45,448 | ▲ 182% |
| Profit after taxes | € 6,564 | € 10,549 | € 13,179 | € 32,050 | ▲ 143% |
| Equity | € 18,842 | € 29,391 | € 42,570 | € 74,620 | ▲ 75% |
| Total debts | € 5,708 | € 9,455 | € 13,789 | € 36,560 | ▲ 165% |
| Cash | € 5,124 | € 4,077 | € 11,523 | € 36,933 | ▲ 221% |
| Retained profit | € 8,842 | € 19,391 | € 32,570 | € 64,620 | ▲ 98% |
| Bank debt | € 0 | € 0 | € 0 | € 14,224 | |
| Balance sheet total | € 24,550 | € 38,846 | € 56,359 | € 111,180 | ▲ 97% |
Key figures of Karweiwerken Ludwig Smits, 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 Karweiwerken Ludwig Smits?
What happened at Karweiwerken Ludwig Smits in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,050 (▲ 143% vs 2024). Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Ludwig Smits became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,564 profit in 2022 to € 32,050 profit in 2025.
Paid € 19,222 in corporate taxes since 2022.
Best year ever: 2025, with € 32,050 profit.
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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 Karweiwerken Ludwig Smits is Ludwig Smits.
Directors
According to the 2025 annual accounts
Ludwig Smits
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Bosduinstraat 112
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0735.948.007
- VAT number
- BE 0735.948.007
- Registered office
- Bosduinstraat 112, 2990 Wuustwezel
- Names & denominations
- Karweiwerken Ludwig Smits
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2019
- Peppol
- Active · Active since 10 Jan 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen
Metselwerk
Installatie van isolatie
Dakwerkzaamheden
Schrijnwerk
Isolatiewerkzaamheden
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