Financials
Financial year 2025
Axel Smits from Bornem, company number BE0890496523, closed financial year 2025 with a result of € 693,120 after tax. For that financial year Axel Smits recorded a gross margin of € 1.1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 896,435 to € 693,120. 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 December 1, 2025.
€ 1.8 million
▲ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 693,120
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 77,857
▼ 86% 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 € 1.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 492,027
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 331
▼ 96% vs 2024
Loans from banks and other lenders, long and short.
€ 4,368
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,861
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,516,009 | € 1,590,818 | € 1,327,127 | € 1,060,951 | ▼ 20% |
| Profit after taxes | € 1,040,603 | € 1,127,762 | € 896,435 | € 693,120 | ▼ 23% |
| Equity | € 1,247,384 | € 1,258,222 | € 1,154,657 | € 1,847,777 | ▲ 60% |
| Total debts | € 1,235,002 | € 288,300 | € 282,773 | € 108,626 | ▼ 62% |
| Cash | € 755,809 | € 434,992 | € 557,034 | € 77,857 | ▼ 86% |
| Land & buildings | € 1,370,749 | € 326,361 | € 0 | - | |
| Retained profit | € 1,128,784 | € 1,139,622 | € 1,036,057 | € 1,729,177 | ▲ 67% |
| Dividend | € 713,875 | € 1,116,924 | € 1,000,000 | € 0 | ▼ 100% |
| Bank debt | € 1,060,562 | € 55,677 | € 7,984 | € 331 | ▼ 96% |
| Balance sheet total | € 2,482,386 | € 1,546,522 | € 1,437,430 | € 1,956,402 | ▲ 36% |
Key figures of Axel Smits, 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 January 2027.
What happened to Axel Smits?
What happened at Axel Smits in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 693,120 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
- Axel Smits became a director. NBB
In short
From € 1 million profit in 2022 to € 693,120 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
Behind Axel Smits is Axel Smits.
Directors
According to the 2025 annual accounts
Axel Smits
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Boskant(BOR) 57
2880 Bornem
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
- 0890.496.523
- VAT number
- BE 0890.496.523
- Registered office
- Boskant(BOR) 57, 2880 Bornem
- Names & denominations
- Axel Smits · ASM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2007
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies