Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 9.8 to 8.2.
Financials
Financial year 2025
SMART SECURE WAREHOUSING from Brugge, company number BE0840116604, closed financial year 2025 with a result of € -32,631 after tax. For that financial year SMART SECURE WAREHOUSING recorded a gross margin of € 740,031 and equity of € 894,629. Compared with financial year 2024, the result moved from € 11,701 to € -32,631. The company made a loss. 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 August 29, 2026.
€ 894,629
▲ € 862,369 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,631
▼ still € 11,701 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -110,371.
People and assets in 2025
8.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 525,583
▼ 4% vs 2024
€ 64,100 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.
€ 211,134
▼ 47% vs 2024
Of which on lease € 198,642.
Debts at end 2025
€ 1.1 million
▼ 9% vs 2024
€ 164,512 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 198,925
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,745
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 701,017 | € 796,069 | € 837,914 | € 740,031 | ▼ 12% |
| Profit after taxes | € 1,630 | € -10,994 | € 11,701 | € -32,631 | ▼ € 44,332 |
| Equity | € 31,553 | € 20,559 | € 32,260 | € 894,629 | ▲ € 862,369 |
| Total debts | € 1,846,411 | € 1,962,980 | € 1,779,251 | € 1,421,020 | ▼ 20% |
| Cash | € 584 | € 0 | € 1,000 | € 0 | ▼ 100% |
| Land & buildings | € 952,866 | € 919,122 | € 885,377 | € 1,746,632 | ▲ 97% |
| Retained profit | € -78,447 | € -89,441 | € -77,740 | € -110,371 | ▼ € 32,631 |
| Bank debt | € 1,325,055 | € 1,509,379 | € 1,248,478 | € 1,136,016 | ▼ 9% |
| Balance sheet total | € 1,885,464 | € 1,983,539 | € 1,811,511 | € 2,315,649 | ▲ 28% |
| Employees (FTE) | - | 9.8 | 9.1 | 8.2 | ▼ 0.9 |
By gross margin, SMART SECURE WAREHOUSING ranks 11th of 20 companies with main activity “Logistieke diensten” in Brugge that publish figures (fiscal year 2025).
Key figures of SMART SECURE WAREHOUSING, 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.
Ask about SMART SECURE WAREHOUSING the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to SMART SECURE WAREHOUSING?
What happened at SMART SECURE WAREHOUSING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,631 (▼ € 44,332 vs 2024). filed late Source: NBB ↗
- Capital increase of € 90,000, published in the Gazette. Source: Staatsblad ↗
- Peter Notman became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brugge. KBO
In short
From € 1,630 profit in 2022 to € 32,631 loss in 2025.
Paid € 5,174 in corporate taxes since 2022.
Best year ever: 2024, with € 11,701 profit.
On average € 90,200 of value added per employee in 2025.
Management
Behind SMART SECURE WAREHOUSING is Peter Notman.
Directors
According to the 2025 annual accounts
Peter Notman
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Karveelstraat 40
8380 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Brugge
Same main activity (Logistieke diensten), 29 active companies in Brugge, largest first.
€ 408.9 million revenue · 2025
€ 170.7 million revenue · 2025
€ 148.7 million revenue · 2025
€ 85.2 million revenue · 2025
€ 34.7 million revenue · 2025
€ 27 million revenue · 2025
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
smartsw.eu
Registrar
Combell NV
Website info
Features
Security
Network
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 ↗- VANDENBON Filip Margareta(oprichter) 100%
Details
- Company number
- 0840.116.604
- VAT number
- BE 0840.116.604
- Registered office
- Karveelstraat 40, 8380 Brugge
- Names & denominations
- SMART SECURE WAREHOUSING · SSW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2011
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- smartsw.eu
- Activities · NACE
Logistieke diensten
Beveiligingsactiviteiten, neg
Overige vervoerondersteunende activiteiten
Diensten in verband met beveiligingssystemen
Opsporings- en particuliere beveiligingsdiensten
Opslag
Diensten in verband met vervoer te land
Postdiensten in het kader van de universele dienstverplichting
+2