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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SMAPPEE SERVICES from Harelbeke, company number BE0835376866, closed financial year 2025 with a result of € -623,845 after tax. For that financial year SMAPPEE SERVICES recorded a gross margin of € 249,520 and equity of € -991,880. Compared with financial year 2024, the result moved from € -449,177 to € -623,845. 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 July 13, 2026.
€ -991,880
▼ € 623,845 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -623,845
▼ 39 % more loss than in 2024
Profit after tax over the fiscal year.
€ 325,963
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
3.5
Average over the fiscal year, from the social balance sheet.
€ 258,546
▲ 52% vs 2024
€ 73,900 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.
€ 26,525
▼ 22% vs 2024
Of which on lease € 26,525.
Debts at end 2025
€ 7.1 million
▲ € 7.1 million vs 2024
€ 7,526 is repaid this year. At this pace the long-term loan is gone in ≈ 950 years.
€ 3.3 million
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,485
▲ 88% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 247,437 | € 162,914 | € 66,930 | € 249,520 | ▲ 273% |
| Profit after taxes | € 25,426 | € 16,287 | € -449,177 | € -623,845 | ▼ € 174,668 |
| Equity | € 64,854 | € 81,141 | € -368,036 | € -991,880 | ▼ € 623,845 |
| Total debts | € 2,094,404 | € 2,562,136 | € 7,815,483 | € 12,029,746 | ▲ 54% |
| Cash | € 1,757,189 | € 509,659 | € 1,981,765 | € 325,963 | ▼ 84% |
| Retained profit | € 34,854 | € 51,141 | € -398,036 | € -1,021,880 | ▼ € 623,845 |
| Bank debt | € 1,500,000 | € 0 | € 34,576 | € 7,148,345 | ▲ € 7.1 million |
| Balance sheet total | € 2,159,259 | € 2,643,277 | € 7,447,447 | € 11,037,866 | ▲ 48% |
| Employees (FTE) | - | 0 | 0 | 3.5 |
Key figures of SMAPPEE SERVICES, 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 SMAPPEE SERVICES?
What happened at SMAPPEE SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 623,845. Source: NBB ↗
- Smappee Group NV became a director. NBB
- Xvent stepped down as director. NBB
- New establishment in Harelbeke. KBO
- Xvent became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,426 profit in 2022 to € 623,845 loss in 2025.
Paid € 7,307 in corporate taxes since 2022.
Best year ever: 2022, with € 25,426 profit.
On average € 71,300 of value added per employee in 2025.
Management
The stake of XVENT, Smappee Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMAPPEE SERVICESBehind SMAPPEE SERVICES is Smappee Group NV. The shares are held by XVENT (100%) and Smappee Group (100%).
Directors
According to the 2025 annual accounts
since 2025
since 2020 · until 2025
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Evolis 104
8530 Harelbeke
Diksmuidekaai(Kor) 11 box 16.1
8500 Kortrijk
Active since 2 September 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0835.376.866
- VAT number
- BE 0835.376.866
- Registered office
- Evolis 104, 8530 Harelbeke
- Names & denominations
- SMAPPEE SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2011
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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