Smeets (0404.319.655): annual accounts, directors and company register

Smeets

Antwerp ·KBO/BCE: BE 0404.319.655

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
Smeets Antwerp	€205,891	€284,283	38.6%	-
THERMOSOLUTIONS Willebroek	€348,448	€274,148	47.4%	-
Antwerp Service Center Kontich	€322,683	€277,481	65.4%	-
MServices Belgium Charleroi	€173,571	€283,494	26.2%	4.8
GETRALUX Forest	€310,887	€407,880	37.1%	7
NETTINDUS Brussels	€140,338	€234,923	73.6%	-
VAN LYSEBETH Aalst	€221,060	€218,795	33.5%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	205,891	112,523	116,126	120,940	102,048	94,660	98,778	152,721	163,380	100,558	141,306	202,706	201,296	206,903	174,228	170,496	176,561	185,987	236,031	398,882
Fixed assets`21/28`	22,960	18,385	23,156	26,596	23,204	12,905	25,414	39,125	40,280	5,985	19,016	28,279	45,925	53,073	23,359	18,575	29,835	45,565	55,873	76,604
Intangible fixed assets`21`	6,062	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	16,898	18,385	23,156	26,596	23,204	12,905	25,414	38,975	40,280	5,985	19,016	28,279	45,925	53,073	23,359	18,575	29,835	45,565	55,873	76,604
Land and buildings`22`	-	-	-	-	-	-	-	-	499	998	1,498	1,997	2,496	2,996	3,495	3,994	4,493	4,993	5,492	5,991
Plant, machinery and equipment`23`	12,410	10,229	9,858	8,938	5,812	2,582	5,704	7,615	1,065	1,671	3,271	4,389	9,468	3,129	9,151	13,235	21,436	30,293	35,331	43,606
Furniture and vehicles`24`	1,994	4,695	8,871	12,265	14,968	10,269	19,603	31,199	38,501	3,047	13,924	21,517	33,532	46,465	10,713	1,346	3,906	10,279	15,050	27,007
Other tangible fixed assets`26`	2,494	3,460	4,427	5,394	2,424	54	107	161	215	269	322	376	430	484	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	0	150	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	182,932	94,138	92,970	94,344	78,844	81,755	73,363	113,595	123,100	94,573	122,290	174,427	155,371	153,830	150,870	151,921	146,725	140,422	180,158	322,278
Stocks and contracts in progress`3`	3,417	6,291	6,647	4,062	6,721	856	2,206	800	800	1,830	-	-	652	-	-	-	-	-	-	-
Stocks`30/36`	3,417	6,291	6,647	4,062	6,721	856	2,206	800	800	1,830	-	-	652	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	89,086	45,912	44,835	41,370	51,349	48,839	49,319	44,353	68,617	45,481	54,648	62,626	78,514	56,791	79,769	87,738	94,543	133,702	152,697	135,085
Trade receivables`40`	54,598	12,281	19,476	19,058	31,200	28,255	23,022	26,056	29,911	30,212	53,236	62,626	75,107	55,865	78,080	87,738	93,283	133,697	148,174	134,861
Other amounts receivable`41`	34,488	33,631	25,359	22,312	20,149	20,584	26,297	18,297	38,705	15,269	1,411	-	3,407	926	1,689	-	1,260	5	4,523	225
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	389	389	389	389	389
Cash at bank and in hand`54/58`	80,231	30,499	35,752	44,329	11,937	26,753	16,336	61,106	51,252	45,704	62,858	107,875	76,109	96,479	68,021	63,794	51,793	5,934	27,072	186,804
Deferred charges and accrued income`490/1`	10,198	11,436	5,735	4,583	8,836	5,306	5,502	7,336	2,431	1,558	4,784	3,926	96	560	3,079	-	-	397	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	205,891	112,523	116,126	120,940	102,048	94,660	98,778	152,721	163,380	100,558	141,306	202,706	201,296	206,903	174,228	170,496	176,561	185,987	236,031	398,882
Equity`10/15`	79,575	66,471	72,558	57,264	29,054	37,002	36,231	82,483	79,601	68,784	79,575	81,237	90,347	93,311	88,259	48,755	24,752	19,380	29,624	35,016
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Reserves`13`	17,575	20,483	20,483	20,483	20,483	20,483	20,483	20,483	17,601	17,575	17,575	19,237	28,347	32,799	32,799	32,799	32,799	32,799	32,799	32,799
Non-distributable reserves`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	4,958	4,958	4,958	4,958	4,958	4,958	4,958	4,958
Tax-exempt reserves`132`	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375	11,375
Distributable reserves`133`	0	2,908	2,908	2,908	2,908	2,908	2,908	2,908	26	-	-	1,661	12,014	16,466	16,466	16,466	16,466	16,466	16,466	16,466
Profit (loss) carried forward`14`	0	-16,012	-9,925	-25,219	-53,429	-45,481	-46,252	-	-	-10,791	-	-	-	-1,488	-6,540	-46,044	-70,047	-75,418	-65,175	-59,783
Amounts payable`17/49`	126,316	46,052	43,568	63,676	72,994	57,657	62,547	70,238	83,779	31,774	61,731	121,469	110,949	113,592	85,970	121,741	151,809	166,607	206,407	363,866
Amounts payable after more than one year`17`	0	883	4,402	7,905	11,391	5,666	14,426	23,057	31,560	-	13,669	33,824	53,059	71,414	50,850	84,652	92,954	100,774	89,608	103,425
Financial debts`170/4`	0	883	4,402	7,905	11,391	5,666	14,426	23,057	31,560	-	13,669	33,824	53,059	71,414	50,850	84,652	92,954	100,774	89,608	103,425
Amounts payable within one year`42/48`	122,467	45,031	39,150	49,059	61,515	51,947	46,866	42,210	52,219	31,774	48,032	85,958	57,392	42,178	35,120	31,039	58,855	65,833	116,799	259,789
Current portion of amounts payable after more than one year`42`	883	3,520	3,503	3,486	9,134	8,760	8,631	8,503	8,378	13,668	20,155	19,235	18,355	17,520	8,802	8,302	7,820	11,334	19,195	14,473
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,640	191,289
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,640	191,289
Trade debts`44`	46,337	27,772	18,839	31,507	38,735	29,840	21,719	8,043	20,638	7,391	16,177	18,603	11,904	11,421	15,954	6,753	20,488	21,213	29,565	33,632
Suppliers`440/4`	46,337	27,772	18,839	31,507	38,735	29,840	21,719	8,043	20,638	7,391	16,177	18,603	11,904	11,421	15,954	6,753	20,488	21,213	29,565	33,632
Advances received on contracts in progress`46`	-	-	-	-	-	0	631	2,492	631	631	631	65	225	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	22,003	13,739	16,809	14,066	13,646	13,347	15,884	21,571	16,572	10,083	10,415	27,798	20,029	13,237	10,364	15,985	9,047	11,785	22,399	20,394
Taxes`450/3`	7,150	3,557	3,586	781	792	940	890	4,994	2,909	216	1,817	7,520	83	860	235	1,898	2,752	2,999	2,752	2,752
Remuneration and social security`454/9`	14,853	10,182	13,223	13,285	12,854	12,407	14,994	16,578	13,663	9,867	8,598	20,278	19,946	12,377	10,129	14,087	6,295	8,786	19,647	17,642
Other amounts payable`47/48`	53,244	-	-	-	-	-	0	1,600	6,000	-	654	20,257	6,879	-	-	-	21,500	21,500	44,000	-
Accrued charges and deferred income`492/3`	3,849	138	15	6,712	88	44	1,255	4,971	-	-	30	1,688	498	-	-	6,049	-	-	-	651
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	207	-	-	-	-	-	-	-	-	791	-	2,679
Gross operating margin`9900`	284,283	121,656	196,428	208,628	180,236	175,129	124,702	159,418	166,058	133,855	182,265	192,142	148,403	142,489	162,489	147,710	117,493	95,281	101,791	106,587
Remuneration, social security and pensions`62`	187,277	117,093	167,126	170,402	166,702	158,566	152,130	134,996	127,722	125,466	146,868	144,406	114,811	104,998	103,068	99,295	89,346	81,277	75,289	124,877
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,529	7,976	8,296	6,086	16,381	13,633	14,771	13,305	14,935	14,979	17,875	18,199	18,853	21,311	13,180	12,039	15,730	15,957	21,144	27,138
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	0	-609	-	-	-	0	1,113	-	-	8,429	5,398	-	408	-	-	-	-	-	-
Other operating charges`640/8`	2,938	2,718	2,542	3,017	3,721	2,556	2,813	2,823	2,810	3,502	3,053	2,835	15,261	6,562	29,609	2,551	2,140	2,535	1,709	2,076
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	544	-	-	143	-	-	-	1,961
Operating profit (loss)`9901`	85,539	-6,132	19,072	29,123	-6,568	374	-45,012	7,181	20,591	-10,093	6,040	21,305	-523	9,211	16,633	33,826	10,276	-4,488	3,650	-47,503
Financial income`75/76B`	230	922	104	190	221	1,889	535	349	480	1,781	797	1,204	2,862	1,217	27,717	262	483	153	248	87
Recurring financial income`75`	230	922	104	190	221	1,889	435	349	408	473	797	1,204	2,862	1,217	27,717	262	483	153	248	87
Non-recurring financial income`76B`	-	-	-	-	-	0	100	-	72	1,309	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	554	510	693	707	1,217	1,100	1,370	1,257	1,351	2,271	4,011	4,550	4,680	5,224	4,846	12,690	5,388	6,700	9,290	9,323
Recurring financial charges`65`	554	510	693	707	1,217	1,100	1,370	1,257	1,351	2,271	4,011	4,550	4,680	5,224	4,846	12,690	5,388	6,700	9,290	9,323
Profit (loss) for the period before taxes`9903`	85,214	-5,719	18,483	28,607	-7,564	1,162	-45,846	6,273	19,721	-10,582	2,826	17,959	-2,885	5,204	39,504	21,255	5,371	-10,244	-5,392	-56,023
Income taxes`67/77`	18,866	368	3,189	397	385	391	406	1,791	2,903	209	2,249	7,070	79	152	-	-2,749	-	-	-	117
Profit (loss) for the period`9904`	66,349	-6,087	15,294	28,210	-7,948	771	-46,252	4,482	16,817	-10,791	577	10,889	-2,964	5,052	39,504	24,003	5,371	-10,244	-5,392	-56,140
Profit (loss) for the period to be appropriated`9905`	66,349	-6,087	15,294	28,210	-7,948	771	-46,252	4,482	16,817	-10,791	577	10,889	-2,964	5,052	39,504	24,003	5,371	-10,244	-5,392	-56,140
Appropriation of the result
Profit (loss) to be appropriated`9906`	50,337	-16,012	-9,925	-25,219	-53,429	-45,481	-46,252	4,482	6,026	-10,791	577	10,889	-4,452	-1,488	-6,540	-46,044	-70,047	-75,418	-65,175	-59,783
Profit (loss) brought forward from the previous period`14P`	-16,012	-9,925	-25,219	-53,429	-45,481	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	2,908	-	-	-	-	-	-	-	-	-	1,661	10,353	4,452	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	0	2,882	26	-	-	1,242	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	1,242	-	-	-	-	-	-	-	-
To other reserves`6921`	-	-	-	-	-	-	0	2,882	26	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	53,244	-	-	-	-	-	0	1,600	6,000	-	2,238	20,000	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	53,244	-	-	-	-	-	0	1,600	-	-	2,238	20,000	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	4	3	3	3	3.1	3	3	2.8	2.9	2.8	3.8	3.8	3	2.5	2.5	2.5	2.3	2.1	1.8	3.5
Hours worked`1013`	5,036	3,282	4,354	4,900	5,087	4,813	4,842	4,794	4,712	4,638	5,843	5,922	4,414	4,195	4,326	4,339	3,674	3,581	2,931	5,015
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	29-07-2026	2026-00378555	PDF
31-12-2024	micro format	14-08-2025	2025-00375847	PDF
31-12-2023	micro format	31-07-2024	2024-00329744	PDF
31-12-2022	micro format	30-06-2023	2023-00195307	PDF
31-12-2021	micro format	30-06-2022	2022-20116257	PDF
31-12-2020	micro format	08-07-2021	2021-32800197	PDF
31-12-2019	micro format	30-10-2020	2020-68400504	PDF
31-12-2018	micro format	29-10-2019	2019-72000192	PDF
31-12-2017	micro format	31-08-2018	2018-57700463	PDF
31-12-2016	micro format	31-08-2017	2017-54800043	PDF
31-12-2015	abbreviated format	29-09-2016	2016-62400255	PDF
31-12-2014	abbreviated format	31-08-2015	2015-55900263	PDF
31-12-2013	abbreviated format	30-09-2014	2014-61500270	PDF
31-12-2012	abbreviated format	29-08-2013	2013-51500249	PDF
31-12-2011	abbreviated format	26-09-2012	2012-58400307	PDF
31-12-2010	abbreviated format	30-08-2011	2011-50700482	PDF
31-12-2009	abbreviated format	16-06-2010	2010-18000546	PDF
31-12-2008	abbreviated format	18-06-2009	2009-24600167	PDF
31-12-2007	abbreviated format	30-06-2008	2008-31300212	PDF
31-12-2006	abbreviated format	22-06-2007	2007-26400056	PDF
31-12-2005	abbreviated format	23-06-2006	2006-30702675	PDF
31-12-2004	abbreviated format	20-06-2005	2005-28802371	PDF
31-12-2003	abbreviated format	18-06-2004	2004-27300448	PDF
31-12-2002	abbreviated format	25-06-2003	2003-30300225	PDF
31-12-2001	abbreviated format	05-07-2002	2002-34504903	PDF
31-12-2000	abbreviated format	19-06-2001	2001-23403932	PDF
31-12-1999	abbreviated format	17-07-2000	2000-42503439	PDF
31-12-1998	abbreviated format	18-06-1999	1999-20202178	PDF
31-12-1997	abbreviated format	23-06-1998	1998-21703985	PDF
31-12-1996	abbreviated format	30-06-1997	1997-23400203	PDF
31-12-1995	abbreviated format	20-06-1996	1996-19203246	PDF
31-12-1994	abbreviated format	21-06-1995	1995-27100630	PDF
31-12-1993	abbreviated format	16-06-1994	1994-15803423	PDF
31-12-1992	abbreviated format	28-06-1993	1993-18203739	PDF
31-12-1991	abbreviated format	14-07-1992	1992-21904809	PDF
31-12-1990	abbreviated format	02-09-1991	1991-23904443	PDF
30-06-1990	abbreviated format	30-11-1990	1990-28603787	PDF
31-12-1989	abbreviated format	17-08-1990	1990-21800019	PDF
31-12-1988	abbreviated format	26-07-1989	1989-18304045	PDF
31-12-1987	abbreviated format	08-07-1988	1988-14901212	PDF
31-12-1986	abbreviated format	07-05-1987	1987-05601847	PDF
31-12-1985	abbreviated format	21-05-1986	1986-07701254	PDF
31-12-1984	full format	29-05-1985	1985-06401115	PDF
31-12-1983	unclassified schema	13-08-1984	1984-12001937	PDF
31-12-1982	unclassified schema	02-06-1983	1983-04201809	PDF
31-12-1981	unclassified schema	27-05-1982	1982-03600447	PDF
31-12-1980	unclassified schema	25-05-1981	1981-03202224	PDF
31-12-1979	unclassified schema	28-05-1980	1980-03401289	PDF
31-12-1978	unclassified schema	28-05-1979	1979-03501899	PDF
31-12-1977	unclassified schema	28-12-1978	1978-09102091	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	94,068	1,844	27,368	35,209	9,813	14,007	-30,240	20,486	35,526	4,887	23,915	39,504	18,330	30,522	29,813	45,865	26,006	11,469	24,794	-20,365
Cash flow	74,878	1,889	23,590	34,296	8,433	14,405	-31,481	17,787	31,752	4,188	18,452	29,088	15,890	26,363	52,684	36,042	21,101	5,713	15,752	-29,002
Investment in fixed assets (approximation)	13,104	3,205	4,856	9,478	26,680	1,124	1,210	12,151	49,231	1,948	8,612	553	11,706	51,025	17,963	779	0	5,649	413	28,402
Change in cash	49,731	-5,253	-8,577	32,392	-14,816	10,416	-44,770	9,854	5,548	-17,154	-45,017	31,766	-20,370	28,458	4,228	12,000	45,860	-21,138	-159,732	-
Working capital	60,464	49,107	53,819	45,285	17,328	29,807	26,498	71,385	70,881	62,799	74,258	88,469	97,978	111,652	115,750	120,881	87,870	74,589	63,359	62,489
Solvency	38.6%	59.1%	62.5%	47.3%	28.5%	39.1%	36.7%	54.0%	48.7%	68.4%	56.3%	40.1%	44.9%	45.1%	50.7%	28.6%	14.0%	10.4%	12.6%	8.8%
Current ratio	1.49	2.09	2.37	1.92	1.28	1.57	1.57	2.69	2.36	2.98	2.55	2.03	2.71	3.65	4.30	4.89	2.49	2.13	1.54	1.24
Quick ratio	1.47	1.95	2.20	1.84	1.17	1.56	1.52	2.67	2.34	2.92	2.55	2.03	2.70	3.65	4.30	4.89	2.49	2.13	1.54	1.24
Debt to equity	1.59	0.69	0.60	1.11	2.51	1.56	1.73	0.85	1.05	0.46	0.78	1.50	1.23	1.22	0.97	2.50	6.13	8.60	6.97	10.39
ROE	83.4%	-9.2%	21.1%	49.3%	-27.4%	2.1%	-127.7%	5.4%	21.1%	-15.7%	0.7%	13.4%	-3.3%	5.4%	44.8%	49.2%	21.7%	-52.9%	-18.2%	-160.3%
ROA	32.2%	-5.4%	13.2%	23.3%	-7.8%	0.8%	-46.8%	2.9%	10.3%	-10.7%	0.4%	5.4%	-1.5%	2.4%	22.7%	14.1%	3.0%	-5.5%	-2.3%	-14.1%
Interest coverage	over 100	3.62	39.50	49.82	8.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	4	3	3	3	3
full-time	4	3	3	3	3
part-time	0	0	0	0	0
in full-time equivalents	4	3	3	3	3
Average over the year, in full-time equivalents	4	3	3	3	3.1
On a permanent contract	4	3	3	3	3
Joined	1	-	-	1	6
Left	0	-	-	1	6
Training hours	-	-	-	-	16

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€6,604	€3,205	€4,856	€9,478	€26,680
Intangible fixed assets	€6,500	-	-	-	-
Depreciation and write-downs of the year	€8,529	€7,976	€8,296	€6,086	€16,381

Overview

Lifetime

Key points

Equity

Result

Debts

Investments

Staff

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on Smeets

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency38.6%

Current ratio1.49

Return on assets32.2%

Staff

Staff cost per FTE€46,819

Joined and left+1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €458 awarded, €435 paid

Key figures and ratios

Social balance sheet

Investments

Insights on Smeets

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment