Financials
Financial year 2025
James De Smet from Maldegem, company number BE0827589449, closed financial year 2025 with a result of € 5,183 after tax. For that financial year James De Smet recorded a gross margin of € 53,593 and equity of € 143,540. Compared with financial year 2024, the result moved from € -19,689 to € 5,183. 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 June 26, 2026.
€ 143,540
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,183
▲ still € 19,689 loss in 2024
Profit after tax over the fiscal year.
€ 30,812
▲ 158% 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 € 124,940.
People and assets in 2025
€ 2,057
▼ 84% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 54,956
▲ 132% vs 2024
Of which on lease € 38,422.
Debts at end 2025
€ 286,700
▲ 4% vs 2024
€ 27,694 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 11,529
▲ 198% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 797
▼ 91% 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 | € 180,269 | € 60,200 | € 34,883 | € 53,593 | ▲ 54% |
| Profit after taxes | € 111,805 | € 9,835 | € -19,689 | € 5,183 | ▲ € 24,872 |
| Equity | € 155,237 | € 158,047 | € 138,358 | € 143,540 | ▲ 4% |
| Total debts | € 532,763 | € 302,127 | € 298,815 | € 308,617 | ▲ 3% |
| Cash | € 181,426 | € 24,437 | € 11,935 | € 30,812 | ▲ 158% |
| Land & buildings | € 110,625 | € 365,421 | € 368,058 | € 355,157 | ▼ 4% |
| Retained profit | € 136,637 | € 139,447 | € 119,758 | € 124,940 | ▲ 4% |
| Dividend | € 0 | € 7,025 | € 0 | € 0 | |
| Bank debt | € 241,654 | € 223,964 | € 275,532 | € 286,700 | ▲ 4% |
| Balance sheet total | € 715,146 | € 486,210 | € 462,141 | € 476,037 | ▲ 3% |
Key figures of James De Smet, 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 James De Smet?
What happened at James De Smet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,183. Source: NBB ↗
- New establishment in Maldegem. KBO
- James De Smet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 111,805 profit in 2022 to € 5,183 profit in 2025.
Paid € 4,693 in corporate taxes since 2022.
Best year ever: 2022, with € 111,805 profit.
Paid out € 7,025 in dividends to the owners in total.
Management
Behind James De Smet is James De Smet. It owns 50% of Q tile bv itself.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Koekoeklaan 29
9991 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0827.589.449
- VAT number
- BE 0827.589.449
- Registered office
- Koekoeklaan 29, 9991 Maldegem
- Names & denominations
- James De Smet
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2010
- Peppol
- Active · Active since 24 Nov 2023
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