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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.1 to 3.2.
Financials
Financial year 2025
SMETS CONCEPT STORE BRUSSELS from Schaarbeek, company number BE0806499372, closed financial year 2025 with a result of € -90,158 after tax. For that financial year SMETS CONCEPT STORE BRUSSELS recorded a gross margin of € 1.2 million and equity of € -502,750. Compared with financial year 2024, the result moved from € -287,117 to € -90,158. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -502,750
▼ € 165,840 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,158
▲ 69 % less loss than in 2024
Profit after tax over the fiscal year.
€ 45,549
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.8 million.
People and assets in 2025
3.2
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 216,531
▼ 29% vs 2024
€ 67,700 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.
€ 2.9 million
▼ 14% vs 2024
Of which on lease € 2.9 million.
Debts at end 2025
€ 3.3 million
▼ 13% vs 2024
€ 496,286 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 893,621
▲ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,846
▼ 68% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,377,052 | € 1,420,057 | € 1,211,253 | € 1,157,411 | ▼ 4% |
| Profit after taxes | € -54,863 | € -89,828 | € -287,117 | € -90,158 | ▲ € 196,959 |
| Equity | € 191,400 | € 25,889 | € -336,909 | € -502,750 | ▼ € 165,840 |
| Total debts | € 5,439,040 | € 5,267,111 | € 4,265,916 | € 4,182,462 | ▼ 2% |
| Cash | € 63,743 | € 231,579 | € 85,434 | € 45,549 | ▼ 47% |
| Retained profit | € -9,339,254 | € -9,429,082 | € -9,716,199 | € -9,806,356 | ▼ € 90,158 |
| Bank debt | € 4,625,626 | € 4,192,391 | € 3,749,481 | € 3,280,642 | ▼ 13% |
| Balance sheet total | € 5,630,440 | € 5,293,000 | € 3,929,006 | € 3,679,713 | ▼ 6% |
| Employees (FTE) | 5.7 | 6.1 | 4.8 | 3.2 | ▼ 1.6 |
Key figures of SMETS CONCEPT STORE BRUSSELS, 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 SMETS CONCEPT STORE BRUSSELS?
What happened at SMETS CONCEPT STORE BRUSSELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,158. filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- New establishment in Brussel. KBO
- Carine SCHECK became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Schaarbeek. KBO
- Thierry SMETS became a director. NBB
In short
From € 54,863 loss in 2022 to € 90,158 loss in 2025.
Paid € 590 in corporate taxes since 2022.
On average € 361,700 of value added per employee in 2025.
Management
Behind SMETS CONCEPT STORE BRUSSELS are Carine SCHECK and Thierry SMETS. The same people are also behind IMMO-BOURBON. Thierry SMETS is also behind CONCORDE 68, CLUTCH and COSMETICARY.
Directors
According to the 2025 annual accounts
since 2014
since 2008
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 650-652
1030 Schaarbeek
Naamsestraat 68
1000 Brussel
Active since 1 January 2022
Albertplein 16
8300 Knokke-Heist
Active since 13 July 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.499.372
- VAT number
- BE 0806.499.372
- Registered office
- Leuvensesteenweg 650-652, 1030 Schaarbeek
- Names & denominations
- SMETS CONCEPT STORE BRUSSELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2008
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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