HOLDING SMETS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
37 d early
2022
40 d early
2021
16 d early
2020
25 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?BIANSA INVEST · 10 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€357,000▼ 47.4%
2022 · €678,452
EBIT margin
25.6%▲ 22.5pp
2022 · 3.1%
Net result
€2.1m▲ 2,308%
2023 · €88,654
Working capital
€4.0m▲ 1,228%
2023 · €299,184
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€692,432€678,452▼ 2.0%€357,000▼ 47.4%
Operating result€573,685€17,000▼ 97.0%€21,144▲ 24.4%€91,482▲ 333%€29,126▼ 68.2%
Net result€492,496€197,536▼ 59.9%€13,598▼ 93.1%€88,654▲ 552%€2.1m▲ 2,308%
EBIT margin2.5%3.1%▲ 0.7pp25.6%▲ 22.5pp
Equity€5.3m▲ 5.8%€5.3m=€5.3m▲ 0.3%€5.4m▲ 1.7%€7.6m▲ 39.4%
Total assets€5.8m▼ 9.6%€5.8m▲ 0.5%€5.6m▼ 2.8%€5.7m▲ 0.3%€7.7m▲ 35.6%
Debt€456,982▼ 66.5%€486,063▲ 6.4%€309,285▼ 36.4%€239,359▼ 22.6%€116,896▼ 51.2%
Working capital€156,057€190,628▲ 22.2%€206,864▲ 8.5%€299,184▲ 44.6%€4.0m▲ 1,228%
Staff (FTE)9.3▼ 11.4%8.9▼ 4.3%8.2▼ 7.9%5.1▼ 37.8%
Why a figure moved sharply
- 2021 Net result -60% on 2020. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 68% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.7m
Fixed assets
€3.6m ▼ 30.2%
Current assets
€4.1m ▲ 669%
Equity and liabilities €7.7m
Equity
€7.6m ▲ 39.4%
Debt
€116,896 ▼ 51.2%
Debt's share of the balance-sheet total falls from 4.2% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
34.99▲
2023 · 2.28
Debt to equity
0.02▼
2023 · 0.04
ROE
28.3%▲
2023 · 1.6%
ROA
27.8%▲
2023 · 1.6%
Debt ≤ 1 year
€116,896▼
2023 · €233,054
Staff costs
-€42,002▼
2023 · €372,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €703,028 | €831,551 | €477,538 | - | - |
| Turnover70 | - | €692,432 | €678,452 | €357,000 | - | - |
| Other operating income74 | - | €10,596 | €153,099 | €5,930 | - | - |
| Non-recurring operating income76A | - | - | - | €114,608 | - | - |
| Operating charges60/66A | - | €686,028 | €810,407 | €386,056 | -€29,126 | ▼ 108% |
| Services and other goods61 | - | €11,421 | €12,439 | €12,144 | €7,231 | ▼ 40.5% |
| Remuneration, social security and pensions62 | - | €673,619 | €796,978 | €372,820 | -€42,002 | ▼ 111% |
| Other operating charges640/8 | - | €988 | €990 | €1,092 | €5,645 | ▲ 417% |
| Gross operating margin9900 | €1.2m | - | - | - | - | - |
| Operating profit (loss)9901 | €573,685 | €17,000 | €21,144 | €91,482 | €29,126 | ▼ 68.2% |
| Financial income75/76B | - | €184,159 | - | €784 | €2.1m | ▲ 268,175% |
| Recurring financial income75 | - | €184,159 | - | €784 | €266,760 | ▲ 33,934% |
| Other financial income752/9 | - | - | - | €784 | €266,760 | ▲ 33,934% |
| Non-recurring financial income76B | - | €184,159 | - | - | €1.8m | - |
| Financial charges65/66B | - | €3,880 | €5,324 | €2,786 | -€2,624 | ▼ 194% |
| Recurring financial charges65 | €80,102 | €3,880 | €5,324 | €2,786 | -€2,624 | ▼ 194% |
| Debt charges650 | - | €3,832 | €5,276 | €2,738 | - | - |
| Other financial charges652/9 | - | €48 | €48 | €48 | -€2,624 | ▼ 5,541% |
| Profit (loss) for the period before taxes9903 | €493,582 | €197,279 | €15,821 | €89,480 | €2.1m | ▲ 2,285% |
| Income taxes67/77 | €1,086 | -€257 | €2,223 | €827 | - | - |
| Taxes670/3 | - | - | €2,223 | €827 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €257 | - | - | - | - |
| Profit (loss) for the period9904 | €492,496 | €197,536 | €13,598 | €88,654 | €2.1m | ▲ 2,308% |
| Profit (loss) for the period to be appropriated9905 | €492,496 | €197,536 | €13,598 | €88,654 | €2.1m | ▲ 2,308% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.8m | €5.8m | €5.6m | €5.7m | €7.7m | ▲ 35.6% |
| Fixed assets21/28 | €5.2m | €5.1m | €5.1m | €5.1m | €3.6m | ▼ 30.2% |
| Financial fixed assets28 | €5.2m | €5.1m | €5.1m | €5.1m | €3.6m | ▼ 30.2% |
| Affiliated companies280/1 | - | €5.1m | €5.1m | €5.1m | €3.6m | ▼ 30.2% |
| Participating interests280 | - | €5.1m | €5.1m | €5.1m | €3.6m | ▼ 30.2% |
| Current assets29/58 | €613,039 | €676,691 | €513,511 | €532,238 | €4.1m | ▲ 669% |
| Amounts receivable within one year40/41 | €489,755 | €663,824 | €487,443 | €439,931 | €4.1m | ▲ 829% |
| Trade receivables40 | - | €267,148 | €182,030 | €142,804 | €142,775 | = |
| Other amounts receivable41 | - | €396,676 | €305,413 | €297,127 | €3.9m | ▲ 1,227% |
| Cash at bank and in hand54/58 | €117,047 | €8,970 | €21,325 | €647 | €3,502 | ▲ 441% |
| Deferred charges and accrued income490/1 | - | €3,897 | €4,742 | €91,661 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.8m | €5.8m | €5.6m | €5.7m | €7.7m | ▲ 35.6% |
| Equity10/15 | €5.3m | €5.3m | €5.3m | €5.4m | €7.6m | ▲ 39.4% |
| Contributions10/11 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Capital10 | - | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Issued capital100 | - | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Reserves13 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Non-distributable reserves130/1 | - | €231,000 | €231,000 | €231,000 | €231,000 | = |
| Legal reserve130 | - | €231,000 | €231,000 | €231,000 | €231,000 | = |
| Tax-exempt reserves132 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Distributable reserves133 | - | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Profit (loss) carried forward14 | €238,740 | €236,276 | €249,874 | €338,527 | €2.5m | ▲ 631% |
| Amounts payable17/49 | €456,982 | €486,063 | €309,285 | €239,359 | €116,896 | ▼ 51.2% |
| Amounts payable within one year42/48 | €456,982 | €486,063 | €306,647 | €233,054 | €116,896 | ▼ 49.8% |
| Trade debts44 | €6,389 | €5,399 | €5,270 | €54,962 | - | - |
| Suppliers440/4 | - | €5,399 | €5,270 | €54,962 | - | - |
| Taxes, remuneration and social security45 | - | €125,472 | €104,504 | €41,196 | - | - |
| Taxes450/3 | - | €42,937 | €37,186 | - | - | - |
| Remuneration and social security454/9 | - | €82,535 | €67,318 | €41,196 | - | - |
| Other amounts payable47/48 | - | €355,192 | €196,873 | €136,896 | €116,896 | ▼ 14.6% |
| Accrued charges and deferred income492/3 | - | - | €2,638 | €6,305 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €492,496 | €197,536 | €13,598 | €88,654 | €2.1m | ▲ 2,308% |
| Operating cash flow (approximation) | €492,496 | €197,536 | €13,598 | €88,654 | €2.1m | ▲ 2,308% |
| Investment in fixed assets (approximation) | - | €37,035 | €0 | €0 | €1.5m | - |
| Change in cash | - | -€108,077 | €12,355 | -€20,678 | €2,855 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €2.1m ▲2,308%
Net result €2.1m, the highest in the series.
31-12
Financial
Liquidity times 15current ratio 34.99
Current ratio from 2.28 to 34.99; short-term debt falls from €233,054 to €116,896.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €492,496
Net result €492,496 after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 1.34
Current ratio from 0.18 to 1.34; short-term debt falls from €1.4m to €456,982.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Part of the group
BIANSA INVEST
10 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- BIANSA INVEST
- HOLDING SMETS
Highest known parent: BIANSA INVEST. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (3)
An older source named these holdings; newer accounts no longer list them.
-
99.77%
-
98.8%
-
49.98%
According to the 2024 annual accounts of HOLDING SMETS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.