Financials
Financial year 2025
GOETHALS & DE SMET from Lievegem, company number BE0840932491, closed financial year 2025 with a result of € 643,071 after tax. For that financial year GOETHALS & DE SMET recorded a gross margin of € 1.5 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 546,870 to € 643,071. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1.5 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 643,071
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 657,412
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.6
Average over the fiscal year, from the social balance sheet.
€ 637,383
▲ 14% vs 2024
€ 96,600 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.
€ 23,590
▲ € 20,300 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 901,115
▼ 6% vs 2024
€ 60,707 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 38,916
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,927
▼ 31% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,462,961 | € 1,510,300 | € 1,501,745 | ▼ 1% |
| Profit after taxes | € 494,570 | € 546,870 | € 643,071 | ▲ 18% |
| Equity | € 2,056,127 | € 2,558,908 | € 1,469,497 | ▼ 43% |
| Total debts | € 347,678 | € 1,127,876 | € 1,642,029 | ▲ 46% |
| Cash | € 1,232,923 | € 725,284 | € 657,412 | ▼ 9% |
| Land & buildings | € 390,728 | € 385,206 | € 1,667,916 | ▲ € 1.3 million |
| Retained profit | € 2,044,377 | € 2,547,158 | € 1,457,747 | ▼ 43% |
| Dividend | € 110,159 | € 44,089 | € 1,732,481 | ▲ € 1.7 million |
| Bank debt | € 205,370 | € 959,668 | € 901,115 | ▼ 6% |
| Balance sheet total | € 2,403,805 | € 3,686,785 | € 3,111,527 | ▼ 16% |
| Employees (FTE) | 6.6 | 6.6 | 6.6 |
Key figures of GOETHALS & DE SMET, fiscal years 2023 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 GOETHALS & DE SMET?
What happened at GOETHALS & 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 € 643,071 (▲ 18% vs 2024). Source: NBB ↗
- KoKo COMMV became a director. NBB
- C. Freddie COMMV became a director. NBB
- Ollee Ollee COMMV became a director. NBB
- New establishment in Lievegem. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 494,570 profit in 2023 to € 643,071 profit in 2025.
Paid € 621,511 in corporate taxes since 2023.
Best year ever: 2025, with € 643,071 profit.
On average € 227,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GOETHALS & DE SMET are Els De Smet, KoKo COMMV, Caroline Fredrick, C. Freddie COMMV, Pieterjan Goethals and Ollee Ollee COMMV.
Directors
According to the 2025 annual accounts
Els De Smet
Director
Director · represented by De Smet Els
since 2025
Caroline Fredrick
Director
Director · represented by Fredrick Caroline
since 2025
Pieterjan Goethals
Director
Director · represented by Goethals Pieterjan
since 2025
Establishments
Establishment units
Physical locations of this company
Grote Baan 81
9920 Lievegem
Brugsesteenweg 372
9000 Gent
Active since 2 November 2011
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
- 0840.932.491
- VAT number
- BE 0840.932.491
- Registered office
- Grote Baan 81, 9920 Lievegem
- Names & denominations
- GOETHALS & DE SMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2011
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars