Financials
Financial year 2025
SMAD from Sint-Truiden, company number BE0779809625, closed financial year 2025 with a result of € -10,668 after tax. For that financial year SMAD recorded a gross margin of € -2,633 and equity of € 47,862. Compared with financial year 2024, the result moved from € 15,774 to € -10,668. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 47,862
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,668
▼ still € 15,774 profit in 2024
Profit after tax over the fiscal year.
€ 39,179
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 44,862.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,273
▼ 42% 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.
€ 4,019
▲ 299% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,635
▼ 44% 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 | € 41,499 | € 60,787 | € 30,665 | € -2,633 | ▼ € 33,298 |
| Profit after taxes | € 25,912 | € 39,756 | € 15,774 | € -10,668 | ▼ € 26,443 |
| Equity | € 28,912 | € 68,668 | € 84,443 | € 47,862 | ▼ 43% |
| Total debts | € 53,635 | € 60,409 | € 16,579 | € 12,654 | ▼ 24% |
| Cash | € 46,978 | € 83,510 | € 62,505 | € 39,179 | ▼ 37% |
| Retained profit | € 25,912 | € 65,668 | € 81,443 | € 44,862 | ▼ 45% |
| Dividend | € 0 | € 0 | € 0 | € 25,912 | |
| Balance sheet total | € 82,547 | € 129,077 | € 101,022 | € 60,516 | ▼ 40% |
Key figures of SMAD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SMAD?
What happened at SMAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,668 (▼ € 26,443 vs 2024). Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,912 profit in 2022 to € 10,668 loss in 2025.
Paid € 30,270 in corporate taxes since 2022.
Best year ever: 2023, with € 39,756 profit.
Paid out € 25,912 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
Directors
According to the 2025 annual accounts
Niele Dams
Director
Establishments
Establishment units
Physical locations of this company
Zepperenweg 187
3800 Sint-Truiden
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.809.625
- VAT number
- BE 0779.809.625
- Registered office
- Zepperenweg 187, 3800 Sint-Truiden
- Names & denominations
- SMAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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