ACTIVE

DE SMET S.A. - ENGINEERS & CONTRACTORS

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Financial year 2025 · Closed on 31/12/2025

Net result646,6 k €+178,4 %over 1 year
Revenue31,8 M €-24,6 %over 1 year
Equity5,5 M €-48,6 %over 1 year
Workforce87,9 ETP-0,1 %over 1 year

Identity

Source · BCE/KBO

DE SMET S.A. - ENGINEERS & CONTRACTORS is a Public limited company incorporated in 1989. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Mont-Saint-Guibert. It employs on average 87,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.987.752
Incorporation
27/11/1989
Legal form
Public limited company
Registered office
Rue Granbonpré 11 box 8
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
4 500 000,00 €
Latest accounts
31/12/2025
Average workforce
87,9 ETP
Joint committees (1)
  • 209
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue31,8 M €42,2 M €32,8 M €32 M €24,1 M €
EBITDA725,9 k €4 M €3 M €2,5 M €1,5 M €
Operating result185,8 k €2,5 M €3,1 M €1,9 M €1,3 M €
Net result646,6 k €-824,5 k €3,8 M €1,5 M €1,1 M €
Balance sheet
Equity5,5 M €10,7 M €15,6 M €14,3 M €14,2 M €
Total assets18 M €31,8 M €29,4 M €33 M €30,8 M €
Cash5,1 M €7,3 M €2,2 M €2,9 M €2 M €
Debts12,3 M €20,8 M €13,7 M €18,4 M €15,9 M €
Other
Workforce87,9 ETP88,0 ETP80,2 ETP75,5 ETP68,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 75 ended

Active mandates

Engineering and Finance Partners SAS

Director · since 18 juillet 2025

Represented by Johann CHARRIER

Active
Olivier Carli

Director · since 24 octobre 2024 · until 18 juillet 2025

Active
Thierry Rolland

Director · since 06 juin 2024 · until 18 juillet 2025

Active
AUDANE INVEST

Director · since 19 avril 2023 · until 18 juillet 2025 · 0816.921.429

Represented by Olivier Riffaut

Active
GENPHAS

Managing director · since 19 avril 2023 · until 18 juillet 2025 · 0807.953.679

Represented by Dimitri de Suraÿ

Active
SPARAXIS

Director · since 19 avril 2023 · until 18 juillet 2025 · 0452.116.307

Represented by Yves Meurice

Active
Olivier Dambricourt

Chairman of the board of directors · since 10 décembre 2021 · until 18 juillet 2025

Active
Wallonie Entreprendre

Director · since 29 juin 2020 · until 18 juillet 2025 · 0793.630.244

Represented by Valérie Potier

Active

Ended mandates

Olivier CARLI

Director · since 24 octobre 2024 · until 16 avril 2026

Ended
Thierry ROLLAND

Director · since 06 juin 2024 · until 16 avril 2026

Ended
AUDANE INVEST

Director · since 19 avril 2023 · until 16 avril 2026 · 0816.921.429

Represented by Olivier Riffaut

Ended
GENPHAS

Managing director · since 19 avril 2023 · until 16 avril 2026 · 0807.953.679

Represented by Dimitri de Suraÿ

Ended

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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 date07/04/202616/05/202524/06/202405/06/202322/06/202212/05/2021
General meeting19/03/202609/05/202506/06/202410/05/202307/06/202229/04/2021
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 model31/12/202519/03/202607/04/2026FrenchPDF
Full model31/12/202409/05/202516/05/2025FrenchPDF
Full model31/12/202306/06/202424/06/2024FrenchPDF
Full model31/12/202210/05/202305/06/2023FrenchPDF
Full model31/12/202107/06/202222/06/2022FrenchPDF
Full model31/12/202029/04/202112/05/2021FrenchPDF
Full model31/12/201916/04/202002/06/2020FrenchPDF
Full model31/12/201818/04/201924/05/2019FrenchPDF
Full model31/12/201719/04/201807/05/2018FrenchPDF
Full model31/12/201620/04/201723/06/2017FrenchPDF
Full model31/12/201521/04/201613/05/2016FrenchPDF
Full model31/12/201426/06/201506/07/2015FrenchPDF
Full model31/12/201315/05/201402/06/2014FrenchPDF
Full model31/12/201218/04/201314/05/2013FrenchPDF
Full model31/12/201119/04/201208/05/2012FrenchPDF
Full model31/12/201029/06/201127/07/2011FrenchPDF
Full model31/12/200907/05/201031/05/2010FrenchPDF
Full model31/12/200829/06/200916/07/2009FrenchPDF
Full model31/12/200704/06/200824/07/2008FrenchPDF
Full model31/12/200619/04/200718/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

8 active · 75 ended

Active mandates

Engineering and Finance Partners SAS

Director · since 18 juillet 2025

Represented by Johann CHARRIER

Active
Olivier Carli

Director · since 24 octobre 2024 · until 18 juillet 2025

Active
Thierry Rolland

Director · since 06 juin 2024 · until 18 juillet 2025

Active
AUDANE INVEST

Director · since 19 avril 2023 · until 18 juillet 2025 · 0816.921.429

Represented by Olivier Riffaut

Active
GENPHAS

Managing director · since 19 avril 2023 · until 18 juillet 2025 · 0807.953.679

Represented by Dimitri de Suraÿ

Active
SPARAXIS

Director · since 19 avril 2023 · until 18 juillet 2025 · 0452.116.307

Represented by Yves Meurice

Active
Olivier Dambricourt

Chairman of the board of directors · since 10 décembre 2021 · until 18 juillet 2025

Active
Wallonie Entreprendre

Director · since 29 juin 2020 · until 18 juillet 2025 · 0793.630.244

Represented by Valérie Potier

Active

Ended mandates

Olivier CARLI

Director · since 24 octobre 2024 · until 16 avril 2026

Ended
Thierry ROLLAND

Director · since 06 juin 2024 · until 16 avril 2026

Ended
AUDANE INVEST

Director · since 19 avril 2023 · until 16 avril 2026 · 0816.921.429

Represented by Olivier Riffaut

Ended
GENPHAS

Managing director · since 19 avril 2023 · until 16 avril 2026 · 0807.953.679

Represented by Dimitri de Suraÿ

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2025
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates22/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares12/08/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates04/08/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares31/07/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates30/05/2025
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Capital / shares16/05/2025
    CAPITAL, ACTIONS
    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 2025646,6 k €↑
  2. 2024
    Annual accounts 2024-824,5 k €↓
  3. 2023
    Annual accounts 20233,8 M €↑
  4. 2022
    Annual accounts 20221,5 M €↑
  5. 2021
    Annual accounts 20211,1 M €↑
  6. 2020
    Annual accounts 2020-1,6 M €↓
  7. 2019
    Annual accounts 2019196 k €↑
  8. 2018
    Annual accounts 2018168,6 k €↑
  9. 2017
    Annual accounts 201774 k €↓
  10. 2016
    Annual accounts 20163,6 M €↑
  11. 2015
    Annual accounts 2015341,6 k €↓
  12. 2014
    Annual accounts 20142,1 M €↓
  13. 2013
    Annual accounts 20133,4 M €↑
  14. 2012
    Annual accounts 20122,6 M €↓
  15. 2011
    Annual accounts 20115,5 M €
  16. 27/11/1989
    IncorporationPublic limited company