ACTIVE

SMET-JET

Financial year 2025 · Closed on 31/12/2025

Net result
-118,5 k €
-247,4 %over 1 year
Revenue
15,9 M €
+1,6 %over 1 year
Equity
396,4 k €
-23,0 %over 1 year
Workforce
138,6 ETP
+2,4 %over 1 year

Identity

Source · BCE/KBO

SMET-JET is a Public limited company incorporated in 1974. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Westerlo. It employs on average 138,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.321.345
Incorporation
19/06/1974
Legal form
Public limited company
Registered office
Nijverheidsstraat 3
2260 Westerlo · FlandreSee on map
Contributed capital
2 952 000,00 €
Latest accounts
31/12/2025
Average workforce
138,6 ETP
Joint committees (3)
  • 121
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue15,9 M €15,7 M €15,8 M €14,6 M €14,5 M €
EBITDA1,3 M €1,4 M €1,3 M €1,1 M €668,2 k €
Operating result125 k €352,1 k €290,6 k €143,1 k €-239,9 k €
Net result-118,5 k €80,4 k €97,6 k €-12,5 k €-382,1 k €
Balance sheet
Equity396,4 k €514,9 k €434,5 k €336,9 k €353,7 k €
Total assets10,7 M €10,4 M €8,9 M €10,6 M €11 M €
Cash126,3 k €263 k €99,6 k €1,1 M €531,4 k €
Debts10,3 M €9,8 M €8,3 M €10,2 M €10,6 M €
Other
Workforce138,6 ETP135,3 ETP145,8 ETP149,0 ETP169,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

Annick Reynders

Director · since 22 août 2022 · until 26 juin 2028

Active
James Smet

Director · since 22 août 2022 · until 26 juin 2028

Active
MANAGEMENT & INVESTMENT COMPANY

Managing director · since 22 août 2022 · until 26 juin 2028 · 0477.667.590

Represented by Philip Smet

Active

Ended mandates

Benedicte Smet

Director · since 25 mai 2020 · until 22 août 2022

Ended
Benedicte Smet

Director · since 25 mai 2020 · until 29 juin 2026

Ended
MANAGEMENT & INVESTMENT COMPANY

Director · since 25 mai 2020 · until 29 juin 2026 · 0477.667.590

Represented by Annick Reynders

Ended
VAN HECK

Managing director · since 25 mai 2020 · until 22 août 2022 · 0422.212.987

Represented by Philip Smet

Ended

Other companies at this address

Nijverheidsstraat 3 2260 Westerlo
CompanyCBE no.
ATOX● Active
0419.803.429
BN● Active
0739.755.256
CH● Active
0739.823.255
CPPBC● Active
1009.332.015
0433.966.518
PT2● Active
0739.825.334
0437.575.413
0403.806.248
VAN HECK● Active
0422.212.987

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/08/202631/07/202531/07/202426/07/202328/07/202226/07/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202605/08/2026DutchPDF
Full model31/12/202430/06/202531/07/2025DutchPDF
Full model31/12/202324/06/202431/07/2024DutchPDF
Full model31/12/202226/06/202326/07/2023DutchPDF
Full model31/12/202127/06/202228/07/2022DutchPDF
Full model31/12/202028/06/202126/07/2021DutchPDF
Full model31/12/201925/05/202016/06/2020DutchPDF
Full model31/12/201824/06/201929/07/2019DutchPDF
Full model31/12/201725/06/201831/07/2018DutchPDF
Full model31/12/201626/04/201702/05/2017DutchPDF
Full model31/12/201527/06/201601/08/2016DutchPDF
Full model31/12/201429/06/201523/07/2015DutchPDF
Full model31/12/201330/06/201430/06/2014DutchPDF
Full model31/12/201224/06/201308/07/2013DutchPDF
Full model31/12/201125/06/201226/06/2012DutchPDF
Full model31/12/201029/06/201106/07/2011DutchPDF
Full model31/12/200928/06/201013/07/2010DutchPDF
Full model31/12/200829/06/200930/07/2009DutchPDF
Full model31/12/200705/05/200803/06/2008DutchPDF
Full model31/12/200607/05/200724/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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

3 active · 24 ended

Active mandates

Annick Reynders

Director · since 22 août 2022 · until 26 juin 2028

Active
James Smet

Director · since 22 août 2022 · until 26 juin 2028

Active
MANAGEMENT & INVESTMENT COMPANY

Managing director · since 22 août 2022 · until 26 juin 2028 · 0477.667.590

Represented by Philip Smet

Active

Ended mandates

Benedicte Smet

Director · since 25 mai 2020 · until 22 août 2022

Ended
Benedicte Smet

Director · since 25 mai 2020 · until 29 juin 2026

Ended
MANAGEMENT & INVESTMENT COMPANY

Director · since 25 mai 2020 · until 29 juin 2026 · 0477.667.590

Represented by Annick Reynders

Ended
VAN HECK

Managing director · since 25 mai 2020 · until 22 août 2022 · 0422.212.987

Represented by Philip Smet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/05/2026
    KAPITAAL - AANDELEN
    PDF
  • Other05/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates02/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-118,5 k €↓
  2. 2024
    Annual accounts 202480,4 k €↓
  3. 2023
    Annual accounts 202397,6 k €↑
  4. 2022
    Annual accounts 2022-12,5 k €↑
  5. 2021
    Annual accounts 2021-382,1 k €↓
  6. 2020
    Annual accounts 2020105,5 k €↑
  7. 2019
    Annual accounts 201972,7 k €↓
  8. 2018
    Annual accounts 2018391,7 k €↑
  9. 2017
    Annual accounts 2017-698,6 k €↓
  10. 2016
    Annual accounts 2016403,8 k €↑
  11. 2015
    Annual accounts 2015-1,4 M €↓
  12. 2014
    Annual accounts 2014-1,1 M €↑
  13. 2013
    Annual accounts 2013-1,1 M €↓
  14. 2012
    Annual accounts 2012-394,4 k €↓
  15. 2011
    Annual accounts 201175,5 k €↑
  16. 2010
    Annual accounts 2010-57,8 k €↓
  17. 2009
    Annual accounts 2009-2,8 k €↓
  18. 2008
    Annual accounts 200849,7 k €↓
  19. 2007
    Annual accounts 200768,5 k €↑
  20. 2006
    Annual accounts 2006-43,7 k €
  21. 19/06/1974
    IncorporationPublic limited company