ACTIVE

DE SMET

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Financial year 2025 · Closed on 31/12/2025

Net result166,9 k €-55,2 %over 1 year

Gross margin397,7 k €-30,3 %over 1 year

Equity7,8 M €+2,2 %over 1 year

Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

DE SMET is a Public limited company incorporated in 1985. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Lede. It employs on average 3,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.106.332
Incorporation: 09/12/1985
Legal form: Public limited company
Registered office: Molenhoek 131
9340 Lede · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 3,0 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport

Joint committees (3)

124
1240
218

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	397,7 k €	-30.3%	570,6 k €	-24.5%	755,6 k €	-3.0%	779 k €	+51.2%	515,2 k €
EBITDA	240,2 k €	+30.6%	184 k €	-70.9%	632,7 k €	+1.7%	622,3 k €	+79.0%	347,8 k €
Operating result	108 k €	-39.4%	178,1 k €	-71.8%	630,8 k €	+1.5%	621,4 k €	+78.8%	347,5 k €
Net result	166,9 k €	-55.2%	372,8 k €	-29.3%	527,5 k €	-7.1%	567,7 k €	+45.4%	390,4 k €
Balance sheet
Equity	7,8 M €	+2.2%	7,6 M €	+3.7%	7,4 M €	+0.1%	7,4 M €	-2.4%	7,5 M €
Total assets	9,5 M €	-1.2%	9,6 M €	+1.5%	9,5 M €	+5.2%	9 M €	+3.1%	8,7 M €
Cash	5,8 M €	+105%	2,8 M €	+10.5%	2,6 M €	-50.1%	5,1 M €	+8.1%	4,7 M €
Debts	1,7 M €	-14.1%	2 M €	-6.2%	2,1 M €	+27.8%	1,7 M €	+37.7%	1,2 M €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAGO0894.157.678Represented by Geert De Smet	Directorsince 30/06/2022Managing director26/06/2010 → 2024 accountsended
Geertrui De Smet	Director26/06/2010 → 30/06/2028
Veerle De Smet	Director26/06/2010 → 30/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAMILLE DE SMET	Director2008 accounts
GEERT DE SMET	Managing director2008 accounts

Other companies at this address

Molenhoek 131 9340 Lede

Company	CBE no.
CAGO● Active	0894.157.678
GEGEVE● Active	0537.274.090

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	14/09/2026	29/08/2025	07/10/2024	10/10/2023	27/10/2022	29/10/2021
General meeting	30/06/2026	28/08/2025	04/10/2024	05/10/2023	30/06/2022	28/09/2021
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	30/06/2026	14/09/2026	Dutch	PDF
Abridged model	31/12/2024	28/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	04/10/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	05/10/2023	10/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/10/2022	Dutch	PDF
Abridged model	31/12/2020	28/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	29/10/2020	Dutch	PDF
Abridged model	31/12/2018	22/06/2019	09/10/2019	Dutch	PDF
Abridged model	31/12/2017	23/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	03/10/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	07/10/2014	Dutch	PDF
Abridged model	31/12/2012	22/06/2013	25/11/2013	Dutch	PDF
Abridged model	31/12/2011	23/06/2012	30/09/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	13/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	18/08/2008	Dutch	PDF
Abridged model	31/12/2006	23/06/2007	21/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAGO0894.157.678Represented by Geert De Smet	Directorsince 30/06/2022Managing director26/06/2010 → 2024 accountsended
Geertrui De Smet	Director26/06/2010 → 30/06/2028
Veerle De Smet	Director26/06/2010 → 30/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAMILLE DE SMET	Director2008 accounts
GEERT DE SMET	Managing director2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2012
KAPITAAL - AANDELEN
PDF
Mandates05/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/02/2007
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/02/2005
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

CAGO

Geertrui De Smet

Veerle De Smet

GEERT DE SMET

CAMILLE DE SMET

19851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

DE SMET

Molenhoek 131, 9340 Lede

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Molenhoek 131, 9340 LedeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00513254

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DE SMETCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00513254

Events

2025
Annual accounts 2025166,9 k €↓
2024
Annual accounts 2024372,8 k €↓
2023
Annual accounts 2023527,5 k €↓
2022
Annual accounts 2022567,7 k €↑
2021
Annual accounts 2021390,4 k €↑
2020
Annual accounts 2020243 k €↓
2019
Annual accounts 2019288 k €↑
2018
Annual accounts 2018283 k €↑
2017
Annual accounts 2017268 k €↓
2016
Annual accounts 2016321,2 k €↓
2015
Annual accounts 2015339,3 k €↓
2014
Annual accounts 2014372 k €↑
2013
Annual accounts 2013315,5 k €↓
2012
Annual accounts 2012366,8 k €↑
2011
Annual accounts 201194,8 k €↓
2010
Annual accounts 2010449,1 k €↓
2009
Annual accounts 2009542,6 k €↑
2008
Annual accounts 2008417,7 k €↓
2007
Annual accounts 2007457,6 k €↑
2006
Annual accounts 2006411,1 k €
09/12/1985
IncorporationPublic limited company

DE SMET

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

Registered offices

Company names

Events