ACTIVE

Dr. Pascal De Smet

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Financial year 2025 · closed on 31/12/2025

Net result

121,5 k €

+59.6% YoY

Gross margin

178,9 k €

+42.3% YoY

Equity

1,3 M €

+10.4% YoY

Workforce

9 651,5 ETP

What does Dr. Pascal De Smet do?

Dr. Pascal De Smet is a Private limited company incorporated in 1995. Its main activity is: Pre-primary education. Its registered office is in Aalst. It employs on average 9 651,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.549.117

Incorporation

03/07/1995

Legal form

Private limited company

Registered office

Maaldreef 51 box 1
9320 Aalst · FlandreSee on map

Contributed capital

186 205,32 €

Latest accounts

31/12/2025

Average workforce

9 651,5 ETP

Activities (NACE)

85120Pre-primary education· main 86210General medical practice activities 86210General medical practice activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	178,9 k €	+42.3%	125,7 k €	-5.0%	132,3 k €	-30.5%	190,3 k €	-13.7%	220,5 k €	+16.2%	189,7 k €	-4.7%	199,1 k €	+3.8%	191,9 k €	+6.2%	180,7 k €	-6.0%	192,2 k €	+8.6%	177 k €	+23.5%	143,2 k €	-0.8%	144,3 k €	+22.5%	117,8 k €	-10.7%	131,9 k €	+87.6%	70,3 k €	-29.9%	100,4 k €	-3.5%	104,1 k €	-22.1%	133,6 k €
EBITDA	165 k €	+69.8%	97,2 k €	+14.0%	85,2 k €	-35.2%	131,4 k €	-31.6%	192,3 k €	+17.7%	163,4 k €	+0.6%	162,5 k €	+27.6%	127,3 k €	+0.0%	127,2 k €	-8.2%	138,6 k €	+35.4%	102,4 k €	+4.5%	97,9 k €	-7.6%	106 k €	+41.8%	74,7 k €	-19.8%	93,2 k €	+162%	35,6 k €	-48.5%	69,1 k €	-6.9%	74,2 k €	-30.8%	107,2 k €
Operating result	142,6 k €	+76.9%	80,6 k €	+36.3%	59,1 k €	-42.7%	103,2 k €	-37.2%	164,3 k €	+30.8%	125,6 k €	+3.5%	121,4 k €	+21.8%	99,7 k €	-9.1%	109,6 k €	-10.2%	122,1 k €	+48.0%	82,5 k €	+7.5%	76,7 k €	+6.7%	71,9 k €	+60.2%	44,9 k €	-27.9%	62,3 k €	+1359%	4,3 k €	-91.1%	47,8 k €	+19.3%	40,1 k €	-44.6%	72,3 k €
Net result	121,5 k €	+59.6%	76,1 k €	+23.4%	61,7 k €	-37.7%	99 k €	-11.6%	112 k €	+12.9%	99,2 k €	+15.2%	86,1 k €	+15.5%	74,5 k €	+7.4%	69,4 k €	-0.7%	69,9 k €	+41.9%	49,2 k €	+40.6%	35 k €	-49.4%	69,2 k €	+111%	32,7 k €	+60.1%	20,4 k €	+2.2%	20 k €	-52.0%	41,7 k €	+4.8%	39,8 k €	-25.8%	53,7 k €
Balance sheet
Equity	1,3 M €	+10.4%	1,2 M €	+7.0%	1,1 M €	+6.0%	1 M €	+10.7%	929,2 k €	+4.6%	888,2 k €	+12.6%	789 k €	+12.3%	702,8 k €	+11.9%	628,3 k €	+12.4%	558,9 k €	+14.3%	489 k €	+11.2%	439,8 k €	-8.0%	478,1 k €	+3.4%	462,2 k €	+7.6%	429,5 k €	+5.0%	409,1 k €	+5.1%	389,1 k €	+12.0%	347,4 k €	+12.9%	307,6 k €
Total assets	1,4 M €	+10.9%	1,3 M €	+6.4%	1,2 M €	+1.9%	1,2 M €	+8.5%	1,1 M €	+0.2%	1,1 M €	+7.0%	1 M €	+4.7%	975,3 k €	+11.7%	873,2 k €	+10.6%	789,2 k €	+21.3%	650,8 k €	+8.7%	598,4 k €	+1.4%	590,4 k €	-2.0%	602,7 k €	-1.1%	609,3 k €	+5.6%	576,7 k €	+11.4%	517,5 k €	+3.7%	499,2 k €	+0.9%	494,6 k €
Cash	–		7,8 k €	-57.1%	18,1 k €	+341%	4,1 k €	-67.1%	12,5 k €	-50.4%	25,1 k €	-80.7%	130 k €	+3420%	3,7 k €	-91.4%	42,8 k €	+81.2%	23,6 k €	+152%	9,4 k €	-5.4%	9,9 k €	-42.3%	17,2 k €	-52.8%	36,5 k €	+104%	17,9 k €	-22.7%	23,2 k €	-19.4%	28,8 k €	+62.3%	17,7 k €	-24.4%	23,5 k €
Debts	142,4 k €	+15.4%	123,4 k €	+2.3%	120,6 k €	-24.3%	159,3 k €	-3.4%	165 k €	-18.9%	203,4 k €	-12.0%	231,2 k €	-14.7%	271,1 k €	+11.5%	243,2 k €	+7.0%	227,3 k €	+41.8%	160,2 k €	+1.0%	158,7 k €	+41.2%	112,4 k €	-20.0%	140,5 k €	-21.9%	179,8 k €	+7.5%	167,3 k €	+30.2%	128,5 k €	-15.4%	151,9 k €	-18.8%	187 k €
Other
Workforce	9 651,5 ETP		–		–		–		–		–		–		–		–		–		–		–		–		1,1 ETP		–		1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

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

Active mandates

Pascal De Smet

Director

Active

Ended mandates

PASCAL DE SMET

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Dokter Karine Debaene, arbeidsarts● Active	0847.131.484

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	31/08/2025	14/10/2024	09/10/2023	20/10/2022	29/09/2021
General meeting	30/07/2026	01/08/2025	30/09/2024	23/09/2023	23/09/2022	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

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	30/07/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	01/08/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/09/2024	14/10/2024	Dutch	PDF
Abridged model	31/12/2022	23/09/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	23/09/2022	20/10/2022	Dutch	PDF
Abridged model	31/12/2020	28/09/2021	29/09/2021	Dutch	PDF
Abridged model	31/12/2019	25/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/09/2019	01/10/2019	Dutch	PDF
Abridged model	31/12/2017	27/09/2018	17/10/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	02/08/2016	02/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/08/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/08/2013	09/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/08/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	15/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	05/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

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

Active mandates

Pascal De Smet

Director

Active

Ended mandates

PASCAL DE SMET

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/04/2014
KAPITAAL - AANDELEN
PDF
Mandates14/07/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/06/2004
MAATSCHAPPELIJKE ZETEL
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 2025121,5 k €↑
2024
Annual accounts 202476,1 k €↑
2023
Annual accounts 202361,7 k €↓
2022
Annual accounts 202299 k €↓
2021
Annual accounts 2021112 k €↑
2020
Annual accounts 202099,2 k €↑
2019
Annual accounts 201986,1 k €↑
2018
Annual accounts 201874,5 k €↑
2017
Annual accounts 201769,4 k €↓
2016
Annual accounts 201669,9 k €↑
2015
Annual accounts 201549,2 k €↑
2014
Annual accounts 201435 k €↓
2013
Annual accounts 201369,2 k €↑
2012
Annual accounts 201232,7 k €↑
2011
Annual accounts 201120,4 k €↑
2010
Annual accounts 201020 k €↓
2009
Annual accounts 200941,7 k €↑
2008
Annual accounts 200839,8 k €↓
2007
Annual accounts 200753,7 k €
03/07/1995
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

Dr. Pascal De Smet

Overview

What does Dr. Pascal De Smet do?

Trend over 19 financial years

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