ACTIVE

SMULDERS ROMAIN EN ZONEN

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Financial year 2025 · Closed on 31/12/2025

Net result70,1 k €-22,9 %over 1 year

Gross margin124,3 k €-17,0 %over 1 year

Equity429,2 k €-55,3 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

SMULDERS ROMAIN EN ZONEN is a Public limited company incorporated in 1983. Its registered office is in Beersel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0424.183.572
Incorporation: 30/06/1983
Legal form: Public limited company
Registered office: Alsembergsesteenweg 521
1653 Beersel · FlandreSee on map
Contributed capital: 99 157,41 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	124,3 k €	-17.0%	149,8 k €	+39.2%	107,6 k €	+1.1%	106,5 k €	-15.2%	125,5 k €
EBITDA	102,5 k €	-20.6%	129 k €	+47.8%	87,2 k €	+10.1%	79,3 k €	-10.9%	88,9 k €
Operating result	90,8 k €	-24.8%	120,8 k €	+54.9%	78 k €	+24.8%	62,5 k €	-13.4%	72,2 k €
Net result	70,1 k €	-22.9%	90,9 k €	+47.2%	61,8 k €	+32.2%	46,7 k €	+9.7%	42,6 k €
Balance sheet
Equity	429,2 k €	-55.3%	960,6 k €	+10.5%	869,7 k €	-9.2%	958 k €	-9.7%	1,1 M €
Total assets	451,7 k €	-54.8%	999,4 k €	-5.5%	1,1 M €	+1.9%	1 M €	-29.0%	1,5 M €
Cash	237,5 k €	-50.8%	483 k €	+58.1%	305,5 k €	-12.2%	348 k €	+589%	50,5 k €
Debts	22,6 k €	-41.7%	38,7 k €	-79.4%	187,8 k €	+134%	80,3 k €	-80.0%	401,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Christophe Smulders

Director · since 01 août 2006

Active

H.S.B. SERVICE

Managing director · since 31 mars 1993 · 0449.235.011

Represented by Herman SMULDERS

Active

Ended mandates

H.S.B. SERVICE

Managing director · since 22 juillet 2009 · until 22 juillet 2015 · 0449.235.011

Represented by HERMAN SMULDERS

Ended

H.S.B. SERVICE

Managing director · since 22 juillet 2009 · until 22 juillet 2022 · 0449.235.011

Represented by HERMAN SMULDERS

Ended

HERMAN SMULDERS

Director · since 22 juillet 2009 · until 22 juillet 2015

Ended

CHRISTOPHE SMULDERS

Director · since 29 mai 2009 · until 29 mai 2015

Ended

Other companies at this address

Alsembergsesteenweg 521 1653 Beersel

Company	CBE no.
Christophe SMULDERS● Active	1020.956.276
H.S.B. SERVICE● Active	0449.235.011

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	19/06/2026	17/09/2025	09/07/2024	04/07/2023	03/08/2022	23/08/2021
General meeting	29/05/2026	30/06/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	19/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/09/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	03/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	08/09/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	04/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	18/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	13/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

2 active · 13 ended

Active mandates

Christophe Smulders

Director · since 01 août 2006

Active

H.S.B. SERVICE

Managing director · since 31 mars 1993 · 0449.235.011

Represented by Herman SMULDERS

Active

Ended mandates

H.S.B. SERVICE

Managing director · since 22 juillet 2009 · until 22 juillet 2015 · 0449.235.011

Represented by HERMAN SMULDERS

Ended

H.S.B. SERVICE

Managing director · since 22 juillet 2009 · until 22 juillet 2022 · 0449.235.011

Represented by HERMAN SMULDERS

Ended

HERMAN SMULDERS

Director · since 22 juillet 2009 · until 22 juillet 2015

Ended

CHRISTOPHE SMULDERS

Director · since 29 mai 2009 · until 29 mai 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/08/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2004
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202570,1 k €↓
2024
Annual accounts 202490,9 k €↑
2023
Annual accounts 202361,8 k €↑
2022
Annual accounts 202246,7 k €↑
2022
Name changeSmulders Romain En Zonen
2021
Annual accounts 202142,6 k €↓
2021
Name changeROMAIN SMULDERS & ZONEN
2020
Annual accounts 202076,7 k €↑
2019
Annual accounts 201955,2 k €↓
2018
Annual accounts 201856,1 k €↑
2017
Annual accounts 201742 k €↓
2016
Annual accounts 201678,5 k €↓
2015
Annual accounts 201590 k €↑
2014
Annual accounts 201461,7 k €↓
2013
Annual accounts 201377,7 k €↑
2012
Annual accounts 201251,7 k €↓
2011
Annual accounts 2011122,6 k €↑
2010
Annual accounts 2010106,4 k €↑
2009
Annual accounts 200983,8 k €↓
2008
Annual accounts 200895,2 k €↑
2007
Annual accounts 200781,2 k €↑
2006
Annual accounts 200669,9 k €
30/06/1983
IncorporationPublic limited company

SMULDERS ROMAIN EN ZONEN

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