ACTIVE

Smets Houtbedrijf

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Financial year 2025 · Closed on 31/12/2025

Net result-641,2 k €-180,2 %over 1 year

Revenue5,4 M €-21,6 %over 1 year

Equity981,2 k €-39,5 %over 1 year

Workforce41,8 ETP-16,6 %over 1 year

Identity

Source · BCE/KBO

Smets Houtbedrijf is a Public limited company incorporated in 1972. Its registered office is in Zulte. It employs on average 41,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0411.961.473
Incorporation: 01/01/1972
Legal form: Public limited company
Registered office: Karreweg 54
9870 Zulte · FlandreSee on map
Contributed capital: 734 756,41 €
Latest accounts: 31/12/2025
Average workforce: 41,8 ETP

Joint committees (3)

Signals

Solid equityGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5,4 M €	-21.6%	6,9 M €	-37.1%	11 M €	-9.2%	12,1 M €	-1.8%	12,3 M €
EBITDA	-143,3 k €	-191%	156,8 k €	-56.5%	360,7 k €	-21.5%	459,7 k €	-21.2%	583,4 k €
Operating result	-614,3 k €	-303%	-152,6 k €	-243%	106,5 k €	-53.9%	231,1 k €	-31.5%	337,2 k €
Net result	-641,2 k €	-180%	-228,8 k €	-594%	46,3 k €	-72.3%	167,3 k €	-9.2%	184,3 k €
Balance sheet
Equity	981,2 k €	-39.5%	1,6 M €	-12.4%	1,9 M €	+2.6%	1,8 M €	+10.2%	1,6 M €
Total assets	3 M €	-28.7%	4,1 M €	-1.6%	4,2 M €	-9.5%	4,7 M €	-12.5%	5,3 M €
Cash	214,4 k €	-49.8%	427,4 k €	-5.6%	452,8 k €	-5.6%	479,8 k €	+16.2%	413 k €
Debts	2 M €	-21.5%	2,5 M €	+6.9%	2,4 M €	-17.1%	2,8 M €	-20.0%	3,5 M €
Other
Workforce	41,8 ETP	-16.6%	50,1 ETP	-25.3%	67,1 ETP	+45.9%	46,0 ETP	-8.0%	50,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

BIANSA INVEST

Gedelegeerd bestuurder · 0826.239.664

Represented by Pascal Vanhulle

Active

Bieke Desmet

Bestuurder

Active

Ended mandates

BIANSA INVEST

Managing director · since 30 septembre 2019 · 0826.239.664

Represented by PASCAL VAN HULLE

Ended

BIEKE DESMET

Director · since 30 septembre 2019

Ended

Dirk DESMET

Director · since 17 juillet 2015 · until 07 juin 2021

Ended

Dirk DESMET

Managing director · since 17 juillet 2015 · until 07 juin 2021

Ended

Other companies at this address

Karreweg 54 9870 Zulte

Company	CBE no.
BOUWCENTER VANHULLE● Active	0434.187.341
TEGELCENTER VANHULLE● Active	0472.667.736
VANHULLE KRUISHOUTEM● Active	0674.662.417
VANHULLE ZULTE● Active	0669.566.353
Vervoer en Handel Vanhulle en Cie● Active	0407.219.460

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	24/07/2026	22/07/2025	20/06/2024	21/06/2023	15/07/2022	06/07/2021
General meeting	30/06/2026	10/07/2025	14/06/2024	05/06/2023	06/06/2022	30/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Full model	31/12/2024	10/07/2025	22/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	06/06/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	12/07/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	20/08/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	17/07/2015	19/08/2015	Dutch	PDF
Full model	31/12/2013	18/07/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	29/08/2013	30/08/2013	Dutch	PDF
Full model	31/12/2011	28/06/2012	13/07/2012	Dutch	PDF
Full model	31/12/2010	27/06/2011	15/07/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	27/06/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	28/06/2008	07/07/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	27/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 19 ended

Active mandates

BIANSA INVEST

Gedelegeerd bestuurder · 0826.239.664

Represented by Pascal Vanhulle

Active

Bieke Desmet

Bestuurder

Active

Ended mandates

BIANSA INVEST

Managing director · since 30 septembre 2019 · 0826.239.664

Represented by PASCAL VAN HULLE

Ended

BIEKE DESMET

Director · since 30 septembre 2019

Ended

Dirk DESMET

Director · since 17 juillet 2015 · until 07 juin 2021

Ended

Dirk DESMET

Managing director · since 17 juillet 2015 · until 07 juin 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/06/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2016
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-641,2 k €↓
2024
Annual accounts 2024-228,8 k €↓
2023
Annual accounts 202346,3 k €↓
2022
Annual accounts 2022167,3 k €↓
2021
Annual accounts 2021184,3 k €↑
2020
Annual accounts 202024,2 k €↑
2019
Annual accounts 2019-210,4 k €↑
2018
Annual accounts 2018-357,7 k €↓
2017
Annual accounts 2017103,1 k €↓
2016
Annual accounts 2016721,5 k €↑
2015
Annual accounts 2015-568,6 k €↑
2014
Annual accounts 2014-677,3 k €↑
2013
Annual accounts 2013-898,3 k €↓
2012
Annual accounts 201216,9 k €↑
2011
Annual accounts 2011-371,4 k €↓
2010
Annual accounts 2010-186,4 k €↓
2009
Annual accounts 200913,2 k €↓
2008
Annual accounts 2008227,4 k €↑
2007
Annual accounts 2007159,6 k €↑
2006
Annual accounts 200620,1 k €
01/01/1972
IncorporationPublic limited company

Smets Houtbedrijf

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