ACTIVE

SMITS

Financial year 2025 · closed on 30/09/2025
Net result
-26 k €
-15871.0% YoY
Gross margin
45,5 k €
-11.9% YoY
Equity
50 k €
-34.2% YoY

What does SMITS do?

SMITS is a Public limited company incorporated in 1990. Its registered office is in Wommelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.834.604
Incorporation
14/11/1990
Legal form
Public limited company
Registered office
Nijverheidsstraat 72 box unit 25
2160 Wommelgem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420112009200820072006
Income statement
Gross margin45,5 k €51,7 k €73,8 k €77,6 k €49,3 k €36,5 k €77,1 k €88,9 k €136,9 k €110,7 k €78,8 k €121,6 k €239,5 k €129,7 k €138,1 k €122,5 k €94,2 k €
EBITDA-7,7 k €47,4 k €35,6 k €73,5 k €43,8 k €32,5 k €57 k €81,6 k €130,7 k €56 k €71,1 k €113 k €167,8 k €89,7 k €125,3 k €54,4 k €81,3 k €
Operating result-17,2 k €20,1 k €3 k €40,9 k €11,1 k €-9,3 k €15,2 k €46,2 k €78 k €10,8 k €26,3 k €66,3 k €46,4 k €32,7 k €77,4 k €-4,3 k €38,4 k €
Net result-26 k €165 €-15,8 k €18,8 k €-14,6 k €-37,3 k €-56,2 k €9,3 k €39,7 k €-38,8 k €-14,6 k €83,8 k €-24,8 k €-10,2 k €135,4 k €-30,6 k €15,5 k €
Balance sheet
Equity50 k €76 k €75,8 k €144,2 k €125,4 k €131,4 k €168,7 k €215 k €205,7 k €166 k €211,8 k €262 k €89,7 k €114,5 k €124,7 k €-10,8 k €19,9 k €
Total assets691,8 k €535,2 k €583,9 k €725,7 k €779,7 k €862,3 k €939,6 k €1,1 M €1,2 M €1,4 M €1,5 M €1,5 M €1,5 M €1,1 M €1,1 M €951,1 k €569,1 k €
Cash156,8 k €9,7 k €28,1 k €41,7 k €49,3 k €102,1 k €143,4 k €229,7 k €86,9 k €199,1 k €83 k €234,2 k €17,2 k €74,1 k €255,4 k €19,7 k €18,3 k €
Debts320,4 k €416,7 k €460,8 k €529,4 k €597,5 k €660,7 k €708,2 k €822,3 k €917,4 k €1,1 M €1,2 M €1,1 M €1,4 M €938,5 k €926,3 k €961,9 k €549,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Smits Immo

Director · 0452.496.783

Represented by Ludwig Anna-Maria Smits

Active

Ended mandates

IMMOTRON

Director · 0453.240.913

Represented by Ludwig Smits

Ended
Ludwig Smits

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202629/04/202526/03/202414/03/202308/03/202204/03/2021
General meeting02/03/202603/03/202504/03/202406/03/202307/03/202201/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202502/03/202629/04/2026DutchPDF
Abridged model30/09/202403/03/202529/04/2025DutchPDF
Abridged model30/09/202304/03/202426/03/2024DutchPDF
Abridged model30/09/202206/03/202314/03/2023DutchPDF
Abridged model30/09/202107/03/202208/03/2022DutchPDF
Abridged model30/09/202001/03/202104/03/2021DutchPDF
Abridged model30/09/201902/03/202017/03/2020DutchPDF
Abridged model30/09/201804/03/201906/03/2019DutchPDF
Abridged model30/09/201705/03/201825/04/2018DutchPDF
Abridged model30/09/201606/03/201728/04/2017DutchPDF
Abridged model30/09/201507/03/201623/03/2016DutchPDF
Abridged model30/09/201402/03/201512/03/2015DutchPDF
Abridged model30/09/201303/03/201426/05/2014DutchPDF
Abridged model30/09/201105/03/201207/06/2012DutchPDF
Abridged model31/12/200930/06/201010/08/2010DutchPDF
Abridged model31/12/200802/06/200926/06/2009DutchPDF
Abridged model31/12/200702/06/200810/06/2008DutchPDF
Abridged model31/12/200601/06/200718/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 1 active · 2 ended

Active mandates

Smits Immo

Director · 0452.496.783

Represented by Ludwig Anna-Maria Smits

Active

Ended mandates

IMMOTRON

Director · 0453.240.913

Represented by Ludwig Smits

Ended
Ludwig Smits

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/04/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office08/08/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/10/2013
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/08/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-26 k €
  2. 2024
    Annual accounts 2024165 €
  3. 2023
    Annual accounts 2023-15,8 k €
  4. 2022
    Annual accounts 202218,8 k €
  5. 2021
    Annual accounts 2021-14,6 k €
  6. 2020
    Annual accounts 2020-37,3 k €
  7. 2019
    Annual accounts 2019-56,2 k €
  8. 2018
    Annual accounts 20189,3 k €
  9. 2017
    Annual accounts 201739,7 k €
  10. 2016
    Annual accounts 2016-38,8 k €
  11. 2015
    Annual accounts 2015-14,6 k €
  12. 2014
    Annual accounts 201483,8 k €
  13. 2011
    Annual accounts 2011-24,8 k €
  14. 2009
    Annual accounts 2009-10,2 k €
  15. 2008
    Annual accounts 2008135,4 k €
  16. 2007
    Annual accounts 2007-30,6 k €
  17. 2006
    Annual accounts 200615,5 k €
  18. 14/11/1990
    IncorporationPublic limited company