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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
DE SMET MOTORS from Geraardsbergen, company number BE0878507224, closed financial year 2025 with a result of € 35,698 after tax. For that financial year DE SMET MOTORS recorded a gross margin of € 699,232 and equity of € 1 million. Compared with financial year 2024, the result moved from € 14,140 to € 35,698. Profitable, and profit is growing. 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 27, 2026.
€ 1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,698
▲ 152% vs 2024
Profit after tax over the fiscal year.
€ 4,620
▼ 70% 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 € 291,142.
People and assets in 2025
7.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 421,292
▲ 4% vs 2024
€ 55,400 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.
€ 306
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 829,510
▼ 6% vs 2024
€ 73,747 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 702,350
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,975
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 483,920 | € 629,837 | € 665,066 | € 699,232 | ▲ 5% |
| Profit after taxes | € 43,511 | € 20,282 | € 14,140 | € 35,698 | ▲ 152% |
| Equity | € 948,021 | € 968,303 | € 982,444 | € 1,018,142 | ▲ 4% |
| Total debts | € 2,300,115 | € 2,063,215 | € 1,896,460 | € 1,708,465 | ▼ 10% |
| Cash | € 7,085 | € 6,622 | € 15,471 | € 4,620 | ▼ 70% |
| Land & buildings | € 851,091 | € 823,417 | € 773,261 | € 723,306 | ▼ 6% |
| Retained profit | € 221,021 | € 241,303 | € 255,444 | € 291,142 | ▲ 14% |
| Bank debt | € 974,680 | € 505,744 | € 882,767 | € 829,510 | ▼ 6% |
| Balance sheet total | € 3,248,135 | € 3,031,518 | € 2,878,903 | € 2,726,607 | ▼ 5% |
| Employees (FTE) | 6.8 | 6.7 | 7 | 7.6 | ▲ 0.6 |
Key figures of DE SMET MOTORS, 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 DE SMET MOTORS?
What happened at DE SMET MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,698 (▲ 152% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Geraardsbergen. KBO
In short
From € 43,511 profit in 2022 to € 35,698 profit in 2025.
Paid € 36,410 in corporate taxes since 2022.
Best year ever: 2022, with € 43,511 profit.
On average € 92,000 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 DE SMET MOTORS are Joris De Smet , Maarten De Smet and Linde De Smet. Joris De Smet is also behind GD&J MOTORS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Astridlaan(Sch) 175
9500 Geraardsbergen
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
- 0878.507.224
- VAT number
- BE 0878.507.224
- Registered office
- Astridlaan(Sch) 175, 9500 Geraardsbergen
- Names & denominations
- DE SMET MOTORS · BVBA DE SMET MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2006
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten
Groothandel in aanhangwagens, opleggers en caravans
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