ACTIVE

Smartphoto group

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Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €-45,2 %over 1 year

Revenue35,1 M €-1,9 %over 1 year

Equity67,7 M €-7,5 %over 1 year

Workforce81,8 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

Smartphoto group is a Public limited company incorporated in 1968. Its main activity is: Activities of holding companies. Its registered office is in Wetteren. It employs on average 81,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.706.755
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Kwatrechtsteenweg 160
9230 Wetteren · FlandreSee on map
Contributed capital: 41 381 403,00 €
Latest accounts: 31/12/2025
Average workforce: 81,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities 74209Photographic activities 74209Photographic activities

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	35,1 M €	-1.9%	35,8 M €	+0.1%	35,7 M €	-0.6%	35,9 M €	+3.3%	34,8 M €
EBITDA	-12,3 k €	-100%	3,9 M €	-6.2%	4,1 M €	+1.0%	4,1 M €	+13.4%	3,6 M €
Operating result	-2,9 M €	-337%	1,2 M €	-19.5%	1,5 M €	+8.1%	1,4 M €	+58.3%	887,6 k €
Net result	1,5 M €	-45.2%	2,8 M €	-50.8%	5,7 M €	+51.8%	3,8 M €	-17.3%	4,5 M €
Balance sheet
Equity	67,7 M €	-7.5%	73,1 M €	+4.0%	70,3 M €	+2.9%	68,3 M €	+0.2%	68,2 M €
Total assets	97,3 M €	+2.5%	95 M €	-2.2%	97,1 M €	+2.2%	95,1 M €	+4.4%	91,1 M €
Cash	1,9 M €	-83.6%	11,7 M €	+515%	1,9 M €	-85.1%	12,8 M €	+51.6%	8,4 M €
Debts	29,5 M €	+35.8%	21,7 M €	-18.6%	26,7 M €	+0.1%	26,7 M €	+17.1%	22,8 M €
Other
Workforce	81,8 ETP	+0.9%	81,1 ETP	+1.9%	79,6 ETP	-4.7%	83,5 ETP	+1.0%	82,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEVER CONSULTING0883.695.635Represented by Els Degroote	Director22/10/2025 → 10/05/2028
BVJS0764.944.374Represented by Ben Jansen	Director22/10/2025 → 10/05/2028
Katrien Mattelaer	Director22/10/2025 → 10/05/2028
FOVEA0892.568.165Represented by vaste vertegenwoordiger Degrieck Katya	Director08/05/2013 → 22/10/2025
Pallanza Invest0808.186.578Represented by vaste vertegenwoordiger Vanderstappen Geert	Director13/05/2015 → 22/10/2025
ACORTIS0472.845.009Represented by Stef De corte	Managing director14/11/2017 → 13/05/2026
Alexandra Leunen	Director10/05/2017 → 13/05/2026
ALYCHLO0895.140.645Represented by Marc Coucke	Director10/05/2017 → 13/05/2026
Hans Van Rijckeghem	Director10/05/2017 → 13/05/2026
Philippe VLERICK	Chairman of the board of directors10/05/2017 → 13/05/2026Director28/11/2005 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LMCL0466.335.022Represented by vaste vertegenwoordiger Vansteenkiste Luc	Director13/05/2015 → 2016 accounts
MCM BVBA0458.492.868Represented by vaste vertegenwoordiger Vanderstappen Geert	Director13/05/2015 → 2015 accounts
PATRICK DE GREVE0808.361.673Represented by vaste vertegenwoordiger De Greve Patrick	Director13/05/2015 → 2015 accounts

Other companies at this address

Kwatrechtsteenweg 160 9230 Wetteren

Company	CBE no.
DBM - COLOR● Active	0402.247.617
Filmobel● Active	0408.058.709

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/06/2026	10/06/2025	05/06/2024	23/05/2023	06/02/2023	20/05/2021
General meeting	13/05/2026	14/05/2025	08/05/2024	10/05/2023	11/05/2022	12/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	13/05/2026	05/06/2026	Dutch	PDF
Full model	31/12/2024	14/05/2025	10/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	14/05/2025	20/05/2025	Dutch	PDF
Full model	31/12/2023	08/05/2024	05/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	08/05/2024	05/06/2024	Dutch	PDF
Full model	31/12/2022	10/05/2023	23/05/2023	Dutch	PDF
Consolidated accounts	31/12/2022	10/05/2023	23/05/2023	Dutch	PDF
Full modelCorrection	31/12/2021	11/05/2022	06/02/2023	Dutch	PDF
Full model	31/12/2021	11/05/2022	13/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	11/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	12/05/2021	20/05/2021	Dutch	PDF
Consolidated accounts	31/12/2020	01/01/9999	20/05/2021	Dutch	PDF
Full model	31/12/2019	13/05/2020	20/05/2020	Dutch	PDF
Consolidated accounts	31/12/2019	13/05/2020	19/05/2020	Dutch	PDF
Full model	31/12/2018	08/05/2019	14/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	08/05/2019	14/05/2019	Dutch	PDF
Full model	31/12/2017	09/05/2018	17/05/2018	Dutch	PDF
Consolidated accounts	31/12/2017	09/05/2018	17/05/2018	Dutch	PDF
Full model	31/12/2016	10/05/2017	22/05/2017	Dutch	PDF
Consolidated accounts	31/12/2016	10/05/2017	22/05/2017	Dutch	PDF
Full model	31/12/2015	11/05/2016	13/05/2016	Dutch	PDF
Consolidated accounts	31/12/2015	11/05/2016	13/05/2016	Dutch	PDF
Full model	31/12/2014	13/05/2015	18/05/2015	Dutch	PDF
Consolidated accounts	31/12/2014	13/05/2015	18/05/2015	Dutch	PDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEVER CONSULTING0883.695.635Represented by Els Degroote	Director22/10/2025 → 10/05/2028
BVJS0764.944.374Represented by Ben Jansen	Director22/10/2025 → 10/05/2028
Katrien Mattelaer	Director22/10/2025 → 10/05/2028
FOVEA0892.568.165Represented by vaste vertegenwoordiger Degrieck Katya	Director08/05/2013 → 22/10/2025
Pallanza Invest0808.186.578Represented by vaste vertegenwoordiger Vanderstappen Geert	Director13/05/2015 → 22/10/2025
ACORTIS0472.845.009Represented by Stef De corte	Managing director14/11/2017 → 13/05/2026
Alexandra Leunen	Director10/05/2017 → 13/05/2026
ALYCHLO0895.140.645Represented by Marc Coucke	Director10/05/2017 → 13/05/2026
Hans Van Rijckeghem	Director10/05/2017 → 13/05/2026
Philippe VLERICK	Chairman of the board of directors10/05/2017 → 13/05/2026Director28/11/2005 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LMCL0466.335.022Represented by vaste vertegenwoordiger Vansteenkiste Luc	Director13/05/2015 → 2016 accounts
MCM BVBA0458.492.868Represented by vaste vertegenwoordiger Vanderstappen Geert	Director13/05/2015 → 2015 accounts
PATRICK DE GREVE0808.361.673Represented by vaste vertegenwoordiger De Greve Patrick	Director13/05/2015 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/10/2026
Ontslag en benoeming bestuurder
PDF
Mandates14/09/2026
Benoeming bestuurders en commissaris
PDF
Capital / shares17/07/2026
KAPITAAL, AANDELEN
PDF
Other18/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates07/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/06/2022
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

BVJS

BEVER CONSULTING

Katrien Mattelaer

Pallanza Invest

FOVEA

ACORTIS

ALYCHLO

Alexandra Leunen

Philippe VLERICK

Hans Van Rijckeghem

VIT NV

T.C.L.

Show the 14 other mandates

1968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Smartphoto groupSPECTOR PHOTO GROUP

Kwatrechtsteenweg 160, 9230 Wetteren

Director

Managing director

Director

Chairman of the board of directorsDirector

Director

Chairman of the board of directorsDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kwatrechtsteenweg 160, 9230 WetterenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00148078

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Smartphoto groupCurrent	accounts 2014 → 2025	Accounts 2025 · 2026-00148078
SPECTOR PHOTO GROUP	accounts 2007 → 2011	Accounts 2011 · 2012-14400374

Events

2025
Annual accounts 20251,5 M €↓
22/10/2025
nominationEls Degroote · bestuurder
22/10/2025
nominationBen Jansen · bestuurder
22/10/2025
nominationKatrien Mattelaer · bestuurder
14/05/2025
reconductionPallanza Invest BV · bestuurder
14/05/2025
reconductionFovea BV · bestuurder
2024
Annual accounts 20242,8 M €↓
2023
Annual accounts 20235,7 M €↑
10/05/2023
reconductionPhilippe Vlerick · bestuurder
10/05/2023
reconductionStef De corte · bestuurder
10/05/2023
reconductionGeert Vanderstappen · bestuurder
10/05/2023
reconductionHans Van Rijckeghem · bestuurder
10/05/2023
reconductionMarc Coucke · bestuurder
10/05/2023
reconductionAlexandra Leunen · bestuurder
10/05/2023
reconductionKatya Degrieck · bestuurder
10/05/2023
nominationCharlotte Vanrobaeys · Commissaris
10/05/2023
reconductionStef De corte · gedelegeerd bestuurder
10/05/2023
reconductionPhilippe Vlerick · Voorzitter van de Raad van Bestuur
2022
Annual accounts 20223,8 M €↓
2021
Annual accounts 20214,5 M €↓
2020
Annual accounts 20204,6 M €↑
2019
Annual accounts 20194,5 M €↓
2018
Annual accounts 201812,9 M €↑
2017
Annual accounts 20171,5 M €↑
2016
Annual accounts 2016-926,1 k €↓
2015
Annual accounts 2015-324,3 k €↑
2014
Annual accounts 2014-423,3 k €↑
2014
Name changeSmartphoto group
2013
Annual accounts 2013-18 M €↑
2012
Annual accounts 2012-63,3 M €↓
2011
Annual accounts 2011-2,3 M €↓
2010
Annual accounts 20102,2 M €↑
2009
Annual accounts 20092 M €↑
2008
Annual accounts 20081,8 M €↓
2007
Annual accounts 20073,6 M €↑
2006
Annual accounts 2006-8,8 M €
01/01/1968
IncorporationPublic limited company

Smartphoto group

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events