ACTIVE

SMITS

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Financial year 2025 · closed on 31/12/2025

Net result

93,9 k €

-49.6% YoY

Gross margin

1,1 M €

-22.1% YoY

Equity

546,4 k €

-9.3% YoY

Workforce

11,1 ETP

-22.4% YoY

What does SMITS do?

SMITS is a Private limited company incorporated in 1985. Its main activity is: Production of meat and poultry meat products. Its registered office is in Heist-op-den-Berg. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.838.404

Incorporation

01/01/1985

Legal form

Private limited company

Registered office

Industriepark 38
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

142 538,78 €

Latest accounts

31/12/2025

Average workforce

11,1 ETP

Activities (NACE)

10130Production of meat and poultry meat products· main 10130Production of meat and poultry meat products 15131Tanning and dressing of leather; manufacture of luggage, handbags, saddlery and harness; dressing and dyeing of fur 46322Wholesale of meat and meat products 46322Wholesale of meat and meat products

Joint committees (4)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	-22.1%	1,4 M €	-2.4%	1,4 M €	+14.7%	1,3 M €	+4.2%	1,2 M €	-20.4%	1,5 M €	+1012%	136,7 k €	-85.1%	918,4 k €	-19.0%	1,1 M €	+12.4%	1 M €	+6.0%	952,4 k €	+21.8%	782 k €	+108%	375,4 k €	+33.7%	280,8 k €	-13.5%	324,8 k €	+3.4%	314 k €	+5.0%	299,1 k €	+23.4%	242,4 k €	-2.9%	249,7 k €
EBITDA	380,3 k €	-12.3%	433,8 k €	-7.8%	470,5 k €	+10.0%	427,8 k €	+79.5%	238,3 k €	-61.8%	623,5 k €	+192%	-681,4 k €	-520%	162,2 k €	-63.9%	448,9 k €	+210%	145 k €	-46.9%	272,9 k €	+2.3%	266,8 k €	+159%	102,8 k €	+58.2%	65 k €	-15.1%	76,6 k €	-5.0%	80,6 k €	+5.0%	76,8 k €	+31.2%	58,5 k €	-21.8%	74,9 k €
Operating result	175,6 k €	-42.4%	304,9 k €	-21.0%	386,1 k €	+4.2%	370,7 k €	+95.0%	190,1 k €	-67.7%	587,7 k €	+169%	-850,5 k €	-2231%	-36,5 k €	-118%	206,8 k €	+334%	-88,4 k €	-225%	70,6 k €	-57.7%	167 k €	+511%	27,3 k €	+1164%	2,2 k €	-89.1%	19,8 k €	+14.8%	17,2 k €	+12.0%	15,4 k €	+1424%	-1,2 k €	-105%	22,2 k €
Net result	93,9 k €	-49.6%	186,5 k €	-29.2%	263,5 k €	-21.5%	335,8 k €	+70.1%	197,4 k €	-64.0%	547,9 k €	+162%	-878 k €	-1143%	-70,6 k €	-145%	157,9 k €	+236%	-115,9 k €	-571%	24,6 k €	-76.9%	106,8 k €	+285%	27,7 k €	+3987%	-713,2 €	-105%	15,2 k €	+20209%	74,8 €	-99.3%	11,2 k €	+871%	1,1 k €	-93.8%	18,5 k €
Balance sheet
Equity	546,4 k €	-9.3%	602,4 k €	-15.9%	715,9 k €	+29.6%	552,4 k €	+50.7%	366,6 k €	+117%	169,3 k €	+125%	-678,7 k €	-441%	199,3 k €	-26.2%	270 k €	+141%	112,1 k €	-50.8%	228 k €	+12.1%	203,4 k €	+110%	96,6 k €	+40.2%	68,9 k €	-1.0%	69,6 k €	+27.9%	54,5 k €	+0.1%	54,4 k €	+25.8%	43,2 k €	+2.7%	42,1 k €
Total assets	4 M €	+10.1%	3,6 M €	+24.1%	2,9 M €	+26.8%	2,3 M €	+33.9%	1,7 M €	+24.7%	1,4 M €	-19.9%	1,7 M €	-36.4%	2,7 M €	+11.6%	2,4 M €	-6.5%	2,6 M €	-5.0%	2,7 M €	+69.4%	1,6 M €	+115%	751,4 k €	+55.6%	483 k €	+4.2%	463,4 k €	-7.0%	498,5 k €	+7.0%	465,8 k €	-7.9%	505,7 k €	+26.6%	399,6 k €
Cash	569,7 k €	-49.9%	1,1 M €	+72911%	1,6 k €	+361%	337,9 €	-77.7%	1,5 k €	-77.3%	6,7 k €	-81.3%	35,7 k €	-52.9%	75,8 k €	+90.0%	39,9 k €	-53.5%	85,7 k €	-42.1%	148,2 k €	-23.7%	194,1 k €	+136%	82,3 k €	+92.4%	42,7 k €	+61.8%	26,4 k €	+196%	8,9 k €	-74.5%	35 k €	-44.1%	62,6 k €	+422%	12 k €
Debts	3,5 M €	+13.9%	3 M €	+37.1%	2,2 M €	+25.9%	1,8 M €	+29.4%	1,4 M €	+12.2%	1,2 M €	-49.1%	2,4 M €	-5.0%	2,5 M €	+16.0%	2,2 M €	-13.3%	2,5 M €	-0.6%	2,5 M €	+77.0%	1,4 M €	+116%	654,7 k €	+58.1%	414,1 k €	+5.1%	393,8 k €	-11.3%	444 k €	+7.9%	411,4 k €	-11.0%	462,5 k €	+30.6%	354 k €
Other
Workforce	11,1 ETP	-22.4%	14,3 ETP	-4.0%	14,9 ETP	-0.7%	15,0 ETP	+3.4%	14,5 ETP	+10.7%	13,1 ETP	-21.6%	16,7 ETP	-4.6%	17,5 ETP	+3.6%	16,9 ETP	+1.8%	16,6 ETP	-3.5%	17,2 ETP	+29.3%	13,3 ETP	+82.2%	7,3 ETP	+19.7%	6,1 ETP	-12.9%	7,0 ETP	0.0%	7,0 ETP	+2.9%	6,8 ETP	+21.4%	5,6 ETP	-1.8%	5,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

VITALFOODS

Manager · since 24 avril 2016 · 0842.849.430

Represented by Calle Stefan

Active

Ended mandates

BENEFICE

Manager · since 01 décembre 2017 · until 12 mai 2018 · 0841.815.587

Represented by Bénédicte Panis

Ended

BENEFICE

Manager · since 01 décembre 2017 · 0841.815.587

Ended

VITALFOODS

Director · since 24 avril 2016 · 0842.849.430

Represented by Calle STEFAN

Ended

VITALFOODS

Director · since 24 avril 2016 · 0842.849.430

Represented by Calle STEFAN

Ended

Annual accounts

Full financial information

	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	25/08/2026	10/07/2025	31/07/2024	06/07/2023	03/11/2022	10/05/2021
General meeting	15/04/2026	16/04/2025	29/06/2024	19/06/2023	21/10/2022	13/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/04/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/04/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	21/10/2022	03/11/2022	Dutch	PDF
Abridged model	31/12/2020	13/04/2021	10/05/2021	Dutch	PDF
Abridged model	31/12/2019	15/04/2020	16/04/2020	Dutch	PDF
Abridged model	31/12/2018	17/04/2019	16/05/2019	Dutch	PDF
Abridged model	31/12/2017	09/05/2018	08/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/04/2017	25/04/2017	Dutch	PDF
Abridged model	31/12/2015	20/04/2016	19/05/2016	Dutch	PDF
Abridged model	31/12/2014	15/04/2015	16/04/2015	Dutch	PDF
Abridged model	31/12/2013	16/04/2014	17/04/2014	Dutch	PDF
Abridged model	31/12/2012	17/04/2013	30/04/2013	Dutch	PDF
Abridged model	31/12/2011	18/04/2012	19/04/2012	Dutch	PDF
Abridged model	31/12/2010	20/04/2011	21/04/2011	Dutch	PDF
Abridged model	31/12/2009	21/04/2010	21/04/2010	Dutch	PDF
Abridged model	31/12/2008	15/04/2009	21/04/2009	Dutch	PDF
Abridged model	31/12/2007	16/04/2008	17/04/2008	Dutch	PDF
Abridged model	31/12/2006	18/04/2007	24/04/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

VITALFOODS

Manager · since 24 avril 2016 · 0842.849.430

Represented by Calle Stefan

Active

Ended mandates

BENEFICE

Manager · since 01 décembre 2017 · until 12 mai 2018 · 0841.815.587

Represented by Bénédicte Panis

Ended

BENEFICE

Manager · since 01 décembre 2017 · 0841.815.587

Ended

VITALFOODS

Director · since 24 avril 2016 · 0842.849.430

Represented by Calle STEFAN

Ended

VITALFOODS

Director · since 24 avril 2016 · 0842.849.430

Represented by Calle STEFAN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/05/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other06/05/2014
DIVERSEN
PDF
Mandates12/03/2012
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202593,9 k €↓
2024
Annual accounts 2024186,5 k €↓
2023
Annual accounts 2023263,5 k €↓
2022
Annual accounts 2022335,8 k €↑
2021
Annual accounts 2021197,4 k €↓
2020
Annual accounts 2020547,9 k €↑
2018
Annual accounts 2018-878 k €↓
2017
Annual accounts 2017-70,6 k €↓
2016
Annual accounts 2016157,9 k €↑
2015
Annual accounts 2015-115,9 k €↓
2014
Annual accounts 201424,6 k €↓
2013
Annual accounts 2013106,8 k €↑
2012
Annual accounts 201227,7 k €↑
2011
Annual accounts 2011-713,2 €↓
2010
Annual accounts 201015,2 k €↑
2009
Annual accounts 200974,8 €↓
2008
Annual accounts 200811,2 k €↑
2007
Annual accounts 20071,1 k €↓
2006
Annual accounts 200618,5 k €
01/01/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SMITS

Overview

What does SMITS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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