SMEETS & C°
0404.663.016 · rovalta.com · 24/09/2026
ACTIVE
SMEETS & C°
Financial year 2024 · closed on 31/12/2024
Net result
-141,9 k €
-378.0% YoY
Gross margin
1,5 M €
+8.4% YoY
Equity
4,5 M €
-4.0% YoY
Workforce
14,5 ETP
+10.7% YoY
Overview
What does SMEETS & C° do?
SMEETS & C° is a Public limited company incorporated in 1940. Its main activity is: Manufacture of veneer sheets and wood-based panels. Its registered office is in Wijnegem. It employs on average 14,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0404.663.016
Incorporation
07/12/1940
Legal form
Public limited company
Registered office
Vosveld 1
2110 Wijnegem · FlandreSee on map
2110 Wijnegem · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2024
Average workforce
14,5 ETP
Activities (NACE)
16210Manufacture of veneer sheets and wood-based panels· main16210Manufacture of veneer sheets and wood-based panels20200Manufacture of pesticides and other agrochemical products46732Wholesale of wood, construction materials and sanitary equipment46832Wholesale trade, except of motor vehicles and motorcycles51531Air transport
Joint committees (3)
- 126
- 200
- 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,5 M € | +8.4% | 1,4 M € | -0.4% | 1,4 M € | -48.9% | 2,8 M € | +125% | 1,2 M € | +25.1% | 988,9 k € | -3.1% | 1 M € | -6.9% | 1,1 M € | -3.0% | 1,1 M € | +2.7% | 1,1 M € | – | – | – | – | – | – | – | – | ||||||||
| EBITDA | 594,4 k € | +5.4% | 564,1 k € | -13.5% | 652,5 k € | -66.9% | 2 M € | +263% | 542,1 k € | +67.3% | 324,1 k € | -5.4% | 342,8 k € | -22.4% | 441,4 k € | -6.8% | 473,6 k € | -2.6% | 486,1 k € | -33.8% | 734,3 k € | -7.5% | 794,2 k € | +21.4% | 654 k € | +14.4% | 571,8 k € | -1.8% | 582,1 k € | +114% | 272,4 k € | -6.9% | 292,7 k € | +126% | 129,4 k € |
| Operating result | -34,7 k € | -129% | 121,2 k € | -67.6% | 374 k € | -78.7% | 1,8 M € | +365% | 377,2 k € | +82.8% | 206,4 k € | -20.5% | 259,6 k € | -24.6% | 344,3 k € | +37.5% | 250,5 k € | +26.2% | 198,4 k € | +5.6% | 188 k € | -0.1% | 188,2 k € | +154% | 74,2 k € | +8.3% | 68,5 k € | -51.6% | 141,6 k € | +23.4% | 114,8 k € | -40.1% | 191,6 k € | +1094% | 16,1 k € |
| Net result | -141,9 k € | -378% | 51 k € | -75.5% | 208,2 k € | -76.7% | 893,9 k € | +530% | 141,9 k € | +295% | 35,9 k € | -51.4% | 73,9 k € | -48.0% | 142,1 k € | +49.5% | 95 k € | +20.9% | 78,6 k € | -62.2% | 208 k € | +27.1% | 163,7 k € | +298% | 41,1 k € | -5.3% | 43,4 k € | -54.2% | 94,7 k € | -51.2% | 194,2 k € | -12.6% | 222,1 k € | +193% | 75,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 4,5 M € | -4.0% | 4,6 M € | +0.2% | 4,6 M € | +3.1% | 4,5 M € | +30.0% | 3,5 M € | +3.0% | 3,4 M € | -1.0% | 3,4 M € | +0.1% | 3,4 M € | +2.2% | 3,3 M € | +0.8% | 3,3 M € | +0.3% | 3,3 M € | +4.4% | 3,1 M € | +3.1% | 3 M € | -0.3% | 3,1 M € | -0.8% | 3,1 M € | +0.8% | 3,1 M € | +4.3% | 2,9 M € | +5.5% | 2,8 M € |
| Total assets | 7,7 M € | -5.8% | 8,2 M € | -2.0% | 8,4 M € | -0.7% | 8,4 M € | +16.0% | 7,2 M € | -1.3% | 7,3 M € | +3.9% | 7,1 M € | -3.8% | 7,3 M € | +4.8% | 7 M € | +2.7% | 6,8 M € | +6.1% | 6,4 M € | +3.2% | 6,2 M € | +9.0% | 5,7 M € | +11.1% | 5,1 M € | -14.0% | 6 M € | +4.9% | 5,7 M € | +6.1% | 5,4 M € | +2.4% | 5,3 M € |
| Cash | 509,5 k € | +13.5% | 449 k € | +164% | 170,2 k € | -78.1% | 779,1 k € | -50.5% | 1,6 M € | +1424% | 103,2 k € | +10.1% | 93,8 k € | -30.0% | 133,9 k € | -25.9% | 180,7 k € | +78.2% | 101,4 k € | +60.6% | 63,1 k € | -53.6% | 135,9 k € | +234% | 40,7 k € | -2.3% | 41,7 k € | +273% | 11,2 k € | -82.8% | 64,9 k € | -32.5% | 96,2 k € | +118% | 44,1 k € |
| Debts | 2,9 M € | -9.1% | 3,2 M € | -5.2% | 3,3 M € | -5.5% | 3,5 M € | +3.7% | 3,4 M € | -5.5% | 3,6 M € | +9.3% | 3,3 M € | -7.9% | 3,6 M € | +8.1% | 3,3 M € | +5.3% | 3,1 M € | +17.1% | 2,7 M € | +2.3% | 2,6 M € | +9.7% | 2,4 M € | +21.2% | 2 M € | -28.7% | 2,8 M € | +10.8% | 2,5 M € | +8.2% | 2,3 M € | +11.9% | 2,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 14,5 ETP | +10.7% | 13,1 ETP | 0.0% | 13,1 ETP | -9.7% | 14,5 ETP | +9.8% | 13,2 ETP | +9.1% | 12,1 ETP | -5.5% | 12,8 ETP | -2.3% | 13,1 ETP | +7.4% | 12,2 ETP | -9.6% | 13,5 ETP | 0.0% | 13,5 ETP | -11.8% | 15,3 ETP | -7.8% | 16,6 ETP | -1.2% | 16,8 ETP | -2.9% | 17,3 ETP | -7.0% | 18,6 ETP | -11.8% | 21,1 ETP | +1.4% | 20,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 5 active · 27 ended
Active mandates
Ellen Smeets
ActiveMax Smeets
ActiveSergio Smeets
ActiveErnest Smeets
ActiveInge Smeets
ActiveEnded mandates
Ellen Smeets
EndedMax Smeets
EndedSergio Smeets
EndedErnest SMEETS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Site-G● Active | 0534.916.990 |
STYLIN ART● Active | 0425.163.470 |
STYLIN'ART TOTAAL● Active | 0541.938.307 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 16/07/2025 | 19/06/2024 | 15/06/2023 | 23/06/2022 | 14/07/2021 | 25/06/2020 |
| General meeting | 08/07/2025 | 18/06/2024 | 06/06/2023 | 13/06/2022 | 22/06/2021 | 10/06/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 08/07/2025 | 16/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 18/06/2024 | 19/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 06/06/2023 | 15/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 13/06/2022 | 23/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 22/06/2021 | 14/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 10/06/2020 | 25/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/06/2019 | 21/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 05/06/2018 | 12/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 02/06/2017 | 16/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 03/06/2016 | 20/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/06/2015 | 18/06/2015 | Dutch | |
| Full model | 31/12/2013 | 06/06/2014 | 17/07/2014 | Dutch | |
| Full model | 31/12/2012 | 07/06/2013 | 12/07/2013 | Dutch | |
| Full model | 31/12/2011 | 05/06/2012 | 12/07/2012 | Dutch | |
| Full model | 31/12/2010 | 03/06/2011 | 12/07/2011 | Dutch | |
| Full model | 31/12/2009 | 04/06/2010 | 25/08/2010 | Dutch | |
| Full model | 31/12/2008 | 05/06/2009 | 23/06/2009 | Dutch | |
| Full model | 31/12/2007 | 30/06/2008 | 28/08/2008 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 02/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 5 active · 27 ended
Active mandates
Ellen Smeets
ActiveMax Smeets
ActiveSergio Smeets
ActiveErnest Smeets
ActiveInge Smeets
ActiveEnded mandates
Ellen Smeets
EndedMax Smeets
EndedSergio Smeets
EndedErnest SMEETS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates16/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/01/2021ONTSLAGEN - BENOEMINGEN
- Mandates22/10/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares25/09/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
- Mandates27/11/2013ONTSLAGEN - BENOEMINGEN
- Mandates23/09/2013ONTSLAGEN - BENOEMINGEN
- Mandates08/05/2012ONTSLAGEN - BENOEMINGEN
- Mandates16/07/2010ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-141,9 k €↓
- 2023Annual accounts 202351 k €↓
- 2022Annual accounts 2022208,2 k €↓
- 2021Annual accounts 2021893,9 k €↑
- 2019Annual accounts 2019141,9 k €↑
- 2018Annual accounts 201835,9 k €↓
- 2018Name changeSmeets+C°
- 2017Annual accounts 201773,9 k €↓
- 2016Annual accounts 2016142,1 k €↑
- 2015Annual accounts 201595 k €↑
- 2014Annual accounts 201478,6 k €↓
- 2013Annual accounts 2013208 k €↑
- 2012Annual accounts 2012163,7 k €↑
- 2011Annual accounts 201141,1 k €↓
- 2010Annual accounts 201043,4 k €↓
- 2009Annual accounts 200994,7 k €↓
- 2008Annual accounts 2008194,2 k €↓
- 2007Annual accounts 2007222,1 k €↑
- 2006Annual accounts 200675,8 k €
- 2006Name changeSmeets & Co
- 07/12/1940IncorporationPublic limited company