SMALS
0406.798.006 · rovalta.com · 26/09/2026
ACTIVE
SMALS
Financial year 2025 · Closed on 31/12/2025
Net result0 €
Revenue578,9 M €+0,9 %over 1 year
Workforce2 222,6 ETP+3,9 %over 1 year
Overview
Identity
Source · BCE/KBOSMALS is a Non-profit organization incorporated in 1940. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Saint-Gilles. It employs on average 2 222,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0406.798.006
- Incorporation
- 10/02/1940
- Legal form
- Non-profit organization
- Registered office
- Avenue Fonsny 20
1060 Saint-Gilles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 2 222,6 ETP
Activities (NACE)
Joint committees (2)
- 200
- 337
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 44 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 578,9 M € | +0.9% | 573,6 M € | +11.3% | 515,6 M € | +17.3% | 439,5 M € | +7.8% | 407,7 M € |
| EBITDA | 9,7 M € | +0.2% | 9,7 M € | -17.3% | 11,7 M € | -3.3% | 12,1 M € | -6.9% | 13 M € |
| Operating result | -929,2 k € | +20.5% | -1,2 M € | -3489% | 34,5 k € | -26.1% | 46,7 k € | -13.0% | 53,6 k € |
| Net result | 0 € | 0 € | 0 € | 0 € | – | ||||
| Balance sheet | |||||||||
| Total assets | 288,2 M € | +3.2% | 279,3 M € | +9.5% | 255,1 M € | +8.9% | 234,3 M € | +31.3% | 178,5 M € |
| Cash | 78,9 M € | -17.7% | 95,8 M € | +42.1% | 67,4 M € | -3.3% | 69,7 M € | +6.9% | 65,3 M € |
| Debts | 227 M € | +1.0% | 224,8 M € | +10.7% | 203,1 M € | +3.8% | 195,7 M € | +44.2% | 135,7 M € |
| Other | |||||||||
| Workforce | 2 222,6 ETP | +3.9% | 2 138,5 ETP | +4.4% | 2 048,0 ETP | +2.8% | 1 991,6 ETP | +0.4% | 1 983,4 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202518 active · 153 ended
Active mandates
Anne Vander Stappen
ActiveBart Ketels
ActiveFrederic Kubben
ActiveIlse Waumans
ActiveJohan Van der Bruggen
ActiveKaren De Sutter
ActiveKarine Moykens
ActiveKoen Snyders
ActivePedro Facon
ActiveSteven Janssen
ActiveAnne Kirsch
ActiveChristine Miclotte
ActiveFrancis Vyncke
ActiveFrank Robben
ActiveJean-Marc Vandenbergh
ActivePascale Lambin
ActiveStijn De Wilde
ActiveVincent Mahieu
ActiveEnded mandates
Bart Ketels
EndedFrancis Vyncke
EndedSteven Janssen
EndedVincent Mahieu
EndedOther companies at this address
Avenue Fonsny 20 1060 Saint-Gilles| Company | CBE no. |
|---|---|
| 0419.797.588 |
Financials
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 | 17/06/2026 | 26/06/2025 | 21/06/2024 | 15/06/2023 | 16/06/2022 | 16/06/2021 |
| General meeting | 17/06/2026 | 26/06/2025 | 21/06/2024 | 14/06/2023 | 15/06/2022 | 16/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 44 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 17/06/2026 | 17/06/2026 | French | |
| Full model | 31/12/2025 | 17/06/2026 | 17/06/2026 | Dutch | |
| Full model | 31/12/2024 | 26/06/2025 | 26/06/2025 | Dutch | |
| Full model | 31/12/2024 | 26/06/2025 | 26/06/2025 | French | |
| Full model | 31/12/2023 | 21/06/2024 | 21/06/2024 | Dutch | |
| Full model | 31/12/2023 | 21/06/2024 | 21/06/2024 | French | |
| Full model | 31/12/2022 | 14/06/2023 | 15/06/2023 | Dutch | |
| Full model | 31/12/2022 | 14/06/2023 | 15/06/2023 | French | |
| Full model | 31/12/2021 | 15/06/2022 | 16/06/2022 | Dutch | |
| Full model | 31/12/2021 | 15/06/2022 | 16/06/2022 | French | |
| Full model | 31/12/2020 | 16/06/2021 | 16/06/2021 | French | |
| Full model | 31/12/2020 | 16/06/2021 | 16/06/2021 | Dutch | |
| Full model | 31/12/2019 | 17/06/2020 | 17/06/2020 | Dutch | |
| Full model | 31/12/2019 | 17/06/2020 | 17/06/2020 | French | |
| Full model | 31/12/2018 | 19/06/2019 | 19/06/2019 | Dutch | |
| Full model | 31/12/2018 | 19/06/2019 | 19/06/2019 | French | |
| Full model | 31/12/2017 | 13/06/2018 | 13/06/2018 | Dutch | |
| Full model | 31/12/2017 | 13/06/2018 | 13/06/2018 | French | |
| Full model | 31/12/2016 | 14/06/2017 | 14/06/2017 | Dutch | |
| Full model | 31/12/2016 | 14/06/2017 | 14/06/2017 | French | |
| Full model | 31/12/2015 | 08/06/2016 | 08/06/2016 | Dutch | |
| Full model | 31/12/2015 | 08/06/2016 | 08/06/2016 | French | |
| Full model | 31/12/2014 | 10/06/2015 | 11/06/2015 | Dutch | |
| Full model | 31/12/2014 | 10/06/2015 | 11/06/2015 | French | |
| Full model | 31/12/2013 | 11/06/2014 | 12/06/2014 | French | |
| Full model | 31/12/2013 | 11/06/2014 | 12/06/2014 | Dutch | |
| Full modelCorrection | 31/12/2012 | 19/06/2013 | 02/12/2013 | Dutch | |
| Full modelCorrection | 31/12/2012 | 19/06/2013 | 02/12/2013 | French | |
| Full model | 31/12/2012 | 19/06/2013 | 20/06/2013 | Dutch | |
| Full model | 31/12/2012 | 19/06/2013 | 20/06/2013 | French | |
| Full model | 31/12/2011 | 13/06/2012 | 13/06/2012 | Dutch | |
| Full model | 31/12/2011 | 13/06/2012 | 13/06/2012 | French | |
| Full model | 31/12/2010 | 15/06/2011 | 16/06/2011 | Dutch | |
| Full model | 31/12/2010 | 15/06/2011 | 16/06/2011 | French | |
| Full model | 31/12/2009 | 16/06/2010 | 25/06/2010 | French | |
| Full model | 31/12/2009 | 16/06/2010 | 25/06/2010 | Dutch | |
| Full model | 31/12/2008 | 17/06/2009 | 01/07/2009 | Dutch | |
| Full model | 31/12/2008 | 17/06/2009 | 22/06/2009 | French | |
| Full model | 31/12/2007 | 11/06/2008 | 04/07/2008 | Dutch | |
| Full model | 31/12/2007 | 11/06/2008 | 04/07/2008 | French | |
| Full modelCorrection | 31/12/2006 | 27/06/2007 | 26/11/2007 | Dutch | |
| Full modelCorrection | 31/12/2006 | 27/06/2007 | 26/11/2007 | French | |
| Full model | 31/12/2006 | 27/06/2007 | 04/07/2007 | Dutch | |
| Full model | 31/12/2006 | 27/06/2007 | 04/07/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 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
Board of directors
Source · NBB, accounts to 31/12/202518 active · 153 ended
Active mandates
Anne Vander Stappen
ActiveBart Ketels
ActiveFrederic Kubben
ActiveIlse Waumans
ActiveJohan Van der Bruggen
ActiveKaren De Sutter
ActiveKarine Moykens
ActiveKoen Snyders
ActivePedro Facon
ActiveSteven Janssen
ActiveAnne Kirsch
ActiveChristine Miclotte
ActiveFrancis Vyncke
ActiveFrank Robben
ActiveJean-Marc Vandenbergh
ActivePascale Lambin
ActiveStijn De Wilde
ActiveVincent Mahieu
ActiveEnded mandates
Bart Ketels
EndedFrancis Vyncke
EndedSteven Janssen
EndedVincent Mahieu
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates24/08/2026Ontslag en benoeming van bestuurders
- Mandates24/08/2026Démissions et nominations d'administrateurs
- Mandates21/08/2026Démissions et nominations d'administrateurs
- Mandates21/08/2026Ontslag en benoeming van bestuurders
- Mandates17/10/2025DEMISSIONS, NOMINATIONS
- Mandates17/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates16/07/2025DEMISSIONS, NOMINATIONS
- Mandates16/07/2025ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20250 €↑
- 26/06/2025nominationPascale Lambin — administrateur
- 26/06/2025nominationChristine Miclotte — administrateur
- 26/06/2025nominationFrank Robben — administrateur
- 26/06/2025nominationVincent Mahieu — administrateur
- 26/06/2025nominationJean-Marc Vandenbergh — administrateur
- 26/06/2025nominationStijn De Wilde — administrateur
- 26/06/2025nominationAnne Kirsch — administrateur
- 26/06/2025nominationFrancis Vyncke — administrateur
- 26/06/2025nominationFrederic Kubben — administrateur
- 26/06/2025nominationPascale Lambin — bestuurder
- 26/06/2025nominationChristine Miclotte — bestuurder
- 26/06/2025nominationFrank Robben — bestuurder
- 26/06/2025nominationVincent Mahieu — bestuurder
- 26/06/2025nominationJean-Marc Vandenbergh — bestuurder
- 26/06/2025nominationDe Wilde Stijn — bestuurder
- 26/06/2025nominationAnne Kirsch — bestuurder
- 26/06/2025nominationFrancis Vyncke — bestuurder
- 26/06/2025nominationFrederic Kubben — bestuurder
- 12/02/2025nominationVincent MAHIEU — bestuurder
- 12/02/2025nominationBart KETELS — bestuurder
- 12/02/2025nominationSteven JANSSEN — bestuurder
- 12/02/2025nominationFrancis VYNCKE — bestuurder
- 12/02/2025nominationVincent Mahieu — administrateur
- 12/02/2025nominationBart Ketels — administrateur
- 12/02/2025nominationSteven JANSSEN — administrateur
- 12/02/2025nominationFrancis Vyncke — administrateur
- 2024Annual accounts 20240 €↑
- 21/06/2024nominationGeert Keunen — commissaris
- 21/06/2024nominationGeert Keunen — représentant permanent du commissaire (VRC Réviseurs d'entreprises SCRL)
- 21/02/2024nominationStijn De Wilde — bestuurder
- 21/02/2024nominationStijn De Wilde — administrateur
- 2023Annual accounts 20230 €↑
- 14/06/2023nominationJohan Van der Bruggen — bestuurder
- 14/06/2023nominationJohan Van der Bruggen — administrateur
- 08/02/2023nominationPedro Facon — bestuurder
- 08/02/2023nominationPedro Facon — administrateur
- 2022Annual accounts 20220 €↑
- 09/02/2022nominationKaren De Sutter — bestuurder
- 09/02/2022nominationBenoît Collin — bestuurder
- 09/02/2022nominationIlse Waumans — bestuurder
- 09/02/2022reconductionPierre Vandervorst — bestuurder
- 09/02/2022reconductionThibaut Duvillier — bestuurder
- 09/02/2022reconductionKoen Snyders — bestuurder
- 09/02/2022reconductionJean Moureaux — bestuurder
- 09/02/2022reconductionAlexandre Lesiw — bestuurder
- 09/02/2022reconductionJan Bertels — bestuurder
- 09/02/2022reconductionAnnelies Steeman — bestuurder
- 09/02/2022reconductionAnne Vanderstappen — bestuurder
- 09/02/2022reconductionKarine Moykens — bestuurder
- 09/02/2022nominationKaren De Sutter — administrateur
- 09/02/2022nominationBenoît Collin — administrateur
- 09/02/2022nominationIlse Waumans — administrateur
- 09/02/2022reconductionPierre Vandervorst — administrateur
- 09/02/2022reconductionThibaut Duvillier — administrateur
- 09/02/2022reconductionKoen Snyders — administrateur
- 09/02/2022reconductionJean Moureaux — administrateur
- 09/02/2022reconductionAlexandre Lesiw — administrateur
- 09/02/2022reconductionJan Bertels — administrateur
- 09/02/2022reconductionAnnelies Steeman — administrateur
- 09/02/2022reconductionAnne Vanderstappen — administrateur
- 09/02/2022reconductionKarine Moykens — administrateur
- 2021Annual accounts 2021
- 16/06/2021nominationJocelyne Julémont — bestuurder
- 16/06/2021nominationPascale Lambin — bestuurder
- 16/06/2021nominationChristine Miclotte — bestuurder
- 16/06/2021nominationFrank Robben — bestuurder
- 16/06/2021nominationSarah Scaillet — bestuurder
- 16/06/2021nominationJean-Marc Vandenbergh — bestuurder
- 16/06/2021nominationAnne Kirsch — bestuurder
- 16/06/2021nominationAnne Ottevaere — bestuurder
- 16/06/2021nominationGeert Keunen — commissaris
- 16/06/2021nominationJocelyne Julémont — administrateur
- 16/06/2021nominationPascale Lambin — administrateur
- 16/06/2021nominationChristine Miclotte — administrateur
- 16/06/2021nominationFrank Robben — administrateur
- 16/06/2021nominationSarah Scaillet — administrateur
- 16/06/2021nominationJean-Marc Vandenbergh — administrateur
- 16/06/2021nominationAnne Kirsch — administrateur
- 16/06/2021nominationAnne Ottevaere — administrateur
- 16/06/2021nominationGeert Keunen — représentant permanent du Commissaire
- 10/02/2021nominationJan Bertels — bestuurder
- 10/02/2021nominationAnnelies Steeman — bestuurder
- 10/02/2021nominationJan Bertels — administrateur
- 10/02/2021nominationAnnelies Steeman — administrateur
- 2020Annual accounts 2020
- 2019Annual accounts 20190 €↑
- 2018Annual accounts 20180 €↑
- 2017Annual accounts 2017
- 2016Annual accounts 2016
- 2015Annual accounts 2015
- 2013Annual accounts 20130 €↑
- 2012Annual accounts 20120 €↑
- 2011Annual accounts 20110 €↑
- 2010Annual accounts 20100 €↑
- 2009Annual accounts 20090 €↑
- 2008Annual accounts 20080 €↑
- 2007Annual accounts 20070 €
- 10/02/1940IncorporationNon-profit organization