Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Smit Classics from Berlare, company number BE0780957490, closed financial year 2025 with a result of € -677 after tax. For that financial year De Smit Classics recorded a gross margin of € 4,956 and equity of € 327. Compared with financial year 2024, the result moved from € 1,766 to € -677. The company made a loss. The buffer shrank hard: equity is 67 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 327
▼ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -677
▼ still € 1,766 profit in 2024
Profit after tax over the fiscal year.
€ 1,194
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -673.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,153
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,794
▼ 15% vs 2024
€ 2,442 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,927
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 960
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,734 | € 3,566 | € 6,868 | € 4,956 | ▼ 28% |
| Profit after taxes | € -1,815 | € 52 | € 1,766 | € -677 | ▼ € 2,443 |
| Equity | € -815 | € -763 | € 1,003 | € 327 | ▼ 67% |
| Total debts | € 6,162 | € 35,804 | € 52,684 | € 37,630 | ▼ 29% |
| Cash | € 761 | € 7,660 | € 8,093 | € 1,194 | ▼ 85% |
| Retained profit | € -1,815 | € -1,763 | € 3 | € -673 | ▼ € 677 |
| Bank debt | € 0 | € 18,489 | € 16,172 | € 13,794 | ▼ 15% |
| Balance sheet total | € 5,348 | € 35,041 | € 53,687 | € 37,957 | ▼ 29% |
Key figures of De Smit Classics, 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 De Smit Classics?
What happened at De Smit Classics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 677 (▼ € 2,443 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Berlare. KBO
In short
From € 1,815 loss in 2022 to € 677 loss in 2025.
Paid € 35 in corporate taxes since 2022.
Best year ever: 2024, with € 1,766 profit.
Management
Behind De Smit Classics is Hendrick De Smit. Hendrick De Smit is also behind Garage de Smit.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bollewerkstraat(B) 28
9290 Berlare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.957.490
- VAT number
- BE 0780.957.490
- Registered office
- Bollewerkstraat(B) 28, 9290 Berlare
- Names & denominations
- De Smit Classics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2022
- Peppol
- Active · Active since 14 Sept 2026
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Reparatie en montage van specifieke auto-onderdelen