Financials
Financial year 2025
SMTS from Brugge, company number BE0834051233, closed financial year 2025 with a result of € 237,815 after tax. For that financial year SMTS recorded a gross margin of € 2.1 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 487,211 to € 237,815. The company is profitable. 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 April 30, 2026.
€ 2.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 237,815
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 775,353
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 195,000 paid out
82 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12
Average over the fiscal year, from the social balance sheet.
€ 780,676
▲ 4% vs 2024
€ 65,100 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.
€ 2.6 million
▼ 20% vs 2024
Of which on lease € 2.1 million.
Debts at end 2025
€ 2.1 million
▼ 26% vs 2024
€ 679,621 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 159,119
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 153,766
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,212,553 | € 2,339,226 | € 2,264,680 | € 2,145,372 | ▼ 5% |
| Profit after taxes | € 398,121 | € 513,474 | € 487,211 | € 237,815 | ▼ 51% |
| Equity | € 1,449,040 | € 1,862,514 | € 2,209,725 | € 2,252,540 | ▲ 2% |
| Total debts | € 1,825,491 | € 2,325,800 | € 3,191,297 | € 2,414,137 | ▼ 24% |
| Cash | € 905,449 | € 736,423 | € 966,759 | € 775,353 | ▼ 20% |
| Retained profit | € 1,074,040 | € 1,487,514 | € 1,834,725 | € 1,877,540 | ▲ 2% |
| Dividend | € 50,000 | € 100,000 | € 140,000 | € 195,000 | ▲ 39% |
| Bank debt | € 1,472,928 | € 1,847,372 | € 2,806,415 | € 2,086,191 | ▼ 26% |
| Balance sheet total | € 3,274,531 | € 4,188,315 | € 5,401,022 | € 4,666,677 | ▼ 14% |
| Employees (FTE) | 12.4 | 11.6 | 12 | 12 |
By gross margin, SMTS ranks 2nd of 100 companies with main activity “Carrosserieherstelling (inclusief spuiten en verven)” in West Flanders that publish figures (fiscal year 2025).
Key figures of SMTS, 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.
Ask about SMTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SMTS?
What happened at SMTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 237,815 (▼ 51% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brugge. KBO
In short
From € 398,121 profit in 2022 to € 237,815 profit in 2025.
Paid € 632,400 in corporate taxes since 2022.
Best year ever: 2023, with € 513,474 profit.
On average € 178,800 of value added per employee in 2025.
Management
Behind SMTS are Steve Mourant and Kim Notman. Steve Mourant is also behind IMMO - WENDI.
Directors
According to the 2025 annual accounts
Kim Notman
Director
Establishments
Establishment units
Physical locations of this company
Koggenstraat 10B
8380 Brugge
Koggenstraat 13B
8380 Brugge
Active since 25 February 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Carrosserieherstelling (inclusief spuiten en verven)), 129 active companies in West Flanders, largest first.
€ 12.5 million revenue · 2025 · Menen
€ 9.8 million revenue · 2025 · Brugge
€ 4.1 million gross margin · 2025 · Wevelgem
€ 1.9 million gross margin · 2025 · Harelbeke
€ 1.7 million gross margin · 2025 · Kuurne
€ 1.7 million gross margin · 2025 · Harelbeke
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Steve Jan MOURANT(oprichter) 100%
Details
- Company number
- 0834.051.233
- VAT number
- BE 0834.051.233
- Registered office
- Koggenstraat 10B, 8380 Brugge
- Names & denominations
- SMTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2011
- Peppol
- Active · Active since 14 Dec 2025
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en lease van vrachtwagens
Carrosserieherstelling
Detailhandel in motorbrandstoffen
Groothandel in aanhangwagens, opleggers en caravans
Detailhandel in onderdelen en accessoires van motorvoertuigen
Detailhandel in drogisterijartikelen en onderhoudsproducten
Diensten in verband met vervoer te land
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