What does SMAG IMMO do?

SMAG IMMO is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 23 April 2008.

What is the address of SMAG IMMO?

The registered office of SMAG IMMO is located at Rue de Glabais 3, 1470 Genappe.

Is SMAG IMMO still active?

Yes. According to the CBE (30 October 2026) SMAG IMMO is active, legal situation “Normale toestand”, started on 23 April 2008.

Is SMAG IMMO registered on Peppol?

Yes, SMAG IMMO is registered on the Peppol network with ID 0208:0897584154.

What is the enterprise number of SMAG IMMO?

The enterprise number of SMAG IMMO is BE0897584154.

When was SMAG IMMO founded?

SMAG IMMO was founded on 23 April 2008.

Who are the directors of SMAG IMMO?

According to the 2025 annual accounts, the directors of SMAG IMMO are: Emmanuel Charles PIRARD.

Is SMAG IMMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 April 2008; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did SMAG IMMO make in 2025?

SMAG IMMO posted a profit after taxes of € 9,341 in financial year 2025.

What is the revenue of SMAG IMMO?

As a small company, SMAG IMMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 92,795.

SMAG IMMO (Public Limited) - Genappe - BE0897584154

Dossier SMAG IMMO, printed on 30 October 2026 from databakkes.be/en/0897584154/smag-immo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SMAG IMMO from Genappe, company number BE0897584154, closed financial year 2025 with a result of € 9,341 after tax. For that financial year SMAG IMMO recorded a gross margin of € 92,795 and equity of € 363,405. Compared with financial year 2024, the result moved from € -106,922 to € 9,341. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.

What it is worth Growing

€ 363,405

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 9,341

▲ still € 106,922 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 193,296

▲ 4% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 83,405.

Debts at end 2025

Bank debt

€ 635,504

▲ € 620,137 vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 45,292

▲ € 45,261 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 86,643 Gross margin 2022: € 86,643 First fiscal year in the series	€ 87,868 Gross margin 2023: € 87,868 ▲ 1% vs 2022 (€ 86,643) Favourable step	€ 94,319 Gross margin 2024: € 94,319 ▲ 7% vs 2023 (€ 87,868) Favourable step	€ 92,795 Gross margin 2025: € 92,795 ▼ 2% vs 2024 (€ 94,319) Unfavourable step	▼ 2%
Profit after taxes	€ 22,126 Profit after taxes 2022: € 22,126 First fiscal year in the series	€ -874 Profit after taxes 2023: € -874 ▼ € 23,000 vs 2022 (€ 22,126) Unfavourable step	€ -106,922 Profit after taxes 2024: € -106,922 ▼ € 106,048 vs 2023 (€ -874) Unfavourable step	€ 9,341 Profit after taxes 2025: € 9,341 ▲ € 116,263 vs 2024 (€ -106,922) Favourable step	▲ € 116,263
Equity	€ 461,859 Equity 2022: € 461,859 First fiscal year in the series	€ 460,986 Equity 2023: € 460,986 Unchanged (€ 461,859) Unfavourable step	€ 354,064 Equity 2024: € 354,064 ▼ 23% vs 2023 (€ 460,986) Unfavourable step	€ 363,405 Equity 2025: € 363,405 ▲ 3% vs 2024 (€ 354,064) Favourable step	▲ 3%
Total debts	€ 217,097 Total debts 2022: € 217,097 First fiscal year in the series	€ 429,567 Total debts 2023: € 429,567 ▲ 98% vs 2022 (€ 217,097) Unfavourable step	€ 430,895 Total debts 2024: € 430,895 Unchanged (€ 429,567) Unfavourable step	€ 1,104,695 Total debts 2025: € 1,104,695 ▲ 156% vs 2024 (€ 430,895) Unfavourable step	▲ 156%
Cash	€ 114,015 Cash 2022: € 114,015 First fiscal year in the series	€ 167,875 Cash 2023: € 167,875 ▲ 47% vs 2022 (€ 114,015) Favourable step	€ 185,929 Cash 2024: € 185,929 ▲ 11% vs 2023 (€ 167,875) Favourable step	€ 193,296 Cash 2025: € 193,296 ▲ 4% vs 2024 (€ 185,929) Favourable step	▲ 4%
Land & buildings	€ 549,554 Land & buildings 2022: € 549,554 First fiscal year in the series	€ 708,393 Land & buildings 2023: € 708,393 ▲ 29% vs 2022 (€ 549,554) Unchanged	€ 568,763 Land & buildings 2024: € 568,763 ▼ 20% vs 2023 (€ 708,393) Unchanged	€ 521,912 Land & buildings 2025: € 521,912 ▼ 8% vs 2024 (€ 568,763) Unchanged	▼ 8%
Retained profit	€ 181,859 Retained profit 2022: € 181,859 First fiscal year in the series	€ 180,986 Retained profit 2023: € 180,986 Unchanged (€ 181,859) Unfavourable step	€ 74,064 Retained profit 2024: € 74,064 ▼ 59% vs 2023 (€ 180,986) Unfavourable step	€ 83,405 Retained profit 2025: € 83,405 ▲ 13% vs 2024 (€ 74,064) Favourable step	▲ 13%
Bank debt	€ 45,546 Bank debt 2022: € 45,546 First fiscal year in the series	€ 30,548 Bank debt 2023: € 30,548 ▼ 33% vs 2022 (€ 45,546) Favourable step	€ 15,367 Bank debt 2024: € 15,367 ▼ 50% vs 2023 (€ 30,548) Favourable step	€ 635,504 Bank debt 2025: € 635,504 ▲ € 620,137 vs 2024 (€ 15,367) Unfavourable step	▲ € 620,137
Balance sheet total	€ 678,956 Balance sheet total 2022: € 678,956 First fiscal year in the series	€ 890,552 Balance sheet total 2023: € 890,552 ▲ 31% vs 2022 (€ 678,956) Unchanged	€ 784,958 Balance sheet total 2024: € 784,958 ▼ 12% vs 2023 (€ 890,552) Unchanged	€ 1,468,100 Balance sheet total 2025: € 1,468,100 ▲ 87% vs 2024 (€ 784,958) Unchanged	▲ 87%

Key figures of SMAG IMMO, 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 SMAG IMMO?

What happened at SMAG IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 15, 2025 New annual accounts for financial year 2025: profit of € 9,341. Source: NBB ↗
Apr 23, 2008 Start of the company according to the CBE. KBO

In short

From € 22,126 profit in 2022 to € 9,341 profit in 2025.

Paid € 7,340 in corporate taxes since 2022.

Best year ever: 2022, with € 22,126 profit.

Original PDFs at the National Bank ↗

Management

Emmanuel Charles PIRARD

SMAG IMMO

Behind SMAG IMMO is Emmanuel Charles PIRARD.

Directors

According to the 2025 annual accounts

Emmanuel Charles PIRARD

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Glabais 3

1470 Genappe

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 →

AP sanT

€ 10,112 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0897.584.154
VAT number: BE 0897.584.154
Registered office: Rue de Glabais 3, 1470 Genappe
Names & denominations: SMAG IMMO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 23 April 2008
Peppol: Active · Active since 10 Mar 2026
Activities · NACE: Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗