Financials
Financial year 2025
N. De Smet & Partners from Gent, company number BE1006171991, closed financial year 2025 with a result of € 81,752 after tax. For that financial year N. De Smet & Partners recorded a gross margin of € 495,051 and equity of € 2,752. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 2,752
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,752
Profit after tax over the fiscal year.
€ 217,332
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
98 % of the profit went to the shareholders, mostly to Jabolar (100 % of the shares). That is where the money ends up.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 150,165
€ 125,100 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.
€ 32,805
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
€ 122,654 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 24,151
Supplier invoices still open on the last day of the fiscal year.
€ 52,513
Taxes, VAT and social contributions still to pay.
What happened to N. De Smet & Partners?
What happened at N. De Smet & Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,752. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Jabolar became a director. NBB
In short
Paid € 31,479 in corporate taxes since 2025.
On average € 412,500 of value added per employee in 2025.
Paid out € 80,000 in dividends to the owners in total.
Management
The stake of Jabolar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
N. De Smet & PartnersBehind N. De Smet & Partners is Jabolar. The shares are held by Jabolar (100%).
Establishments
Establishment units
Physical locations of this company
Antoon Catriestraat 10
9031 Gent
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.
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 ↗- JABOLAR(oprichter) 100%
Details
- Company number
- 1006.171.991
- VAT number
- BE 1006.171.991
- Registered office
- Antoon Catriestraat 10, 9031 Gent
- Names & denominations
- N. De Smet & Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2024
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars