ACTIVE

Smart Metal Works

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result413,4 k €-26,4 %over 1 year
Revenue18,5 M €-3,0 %over 1 year
Equity4,1 M €+11,2 %over 1 year
Workforce74,1 ETP+1,4 %over 1 year

Identity

Source · BCE/KBO

Smart Metal Works is a Public limited company incorporated in 1998. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Evergem. It employs on average 74,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.698.987
Incorporation
30/11/1998
Legal form
Public limited company
Registered office
Jacques Paryslaan 8
9940 Evergem · FlandreSee on map
Contributed capital
1 487 370,50 €
Latest accounts
31/12/2025
Average workforce
74,1 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue18,5 M €19,1 M €20,3 M €19,6 M €15 M €
EBITDA1,1 M €1,3 M €1,1 M €829,7 k €827,8 k €
Operating result586,5 k €879,3 k €976,1 k €702,9 k €698 k €
Net result413,4 k €561,4 k €646 k €386,4 k €529,6 k €
Balance sheet
Equity4,1 M €3,7 M €3,5 M €2,9 M €2,5 M €
Total assets11,7 M €11,7 M €9,1 M €8,7 M €7 M €
Cash957,9 k €1,1 M €1,5 M €408,7 k €637,8 k €
Debts7,6 M €7,8 M €5,3 M €5,8 M €4,5 M €
Other
Workforce74,1 ETP73,1 ETP67,8 ETP64,3 ETP60,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

TEAM INDUSTRIES

Managing director · since 09 mai 2025 · until 10 juin 2031 · 0464.489.646

Represented by Bernhard Weiß

Active
EMRECO

Director · since 28 avril 2025 · until 10 juin 2031 · 0647.855.872

Represented by Sylvie Van Kerrebroek

Active

Ended mandates

TEAM INDUSTRIES

Managing director · since 30 octobre 2024 · until 09 mai 2025 · 0464.489.646

Represented by Lieven Coelus

Ended
TECHNISCH ADVIESBUREAU

Director · since 30 octobre 2024 · until 09 mai 2025 · 0452.305.753

Represented by Geert De Cocker

Ended
CEOACH

Managing director · since 20 janvier 2023 · until 13 juin 2028 · 0895.710.668

Represented by Vincent Pairet

Ended
Matthias Kreye

Director · since 20 janvier 2023 · until 13 juin 2028

Ended

Other companies at this address

Jacques Paryslaan 8 9940 Evergem
CompanyCBE no.
TEAM INDUSTRIES● Active
0464.489.646
Team Industries Belgium Holding● Active
0794.479.983
Team Industries Distribution Center● Active
0428.341.706
Team Industries MP STAK● Active
0797.292.686

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 date22/07/202625/06/202512/06/202420/06/202328/06/202228/06/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202622/07/2026DutchPDF
Full model31/12/202410/06/202525/06/2025DutchPDF
Full model31/12/202311/06/202412/06/2024DutchPDF
Full model31/12/202213/06/202320/06/2023DutchPDF
Full model31/12/202114/06/202228/06/2022DutchPDF
Full model31/12/202008/06/202128/06/2021DutchPDF
Full model31/12/201909/06/202003/07/2020DutchPDF
Full model31/12/201811/06/201930/06/2019DutchPDF
Full model31/12/201712/06/201810/07/2018DutchPDF
Full model31/12/201613/06/201726/06/2017DutchPDF
Full model31/12/201514/06/201604/07/2016DutchPDF
Full model31/12/201409/06/201529/06/2015DutchPDF
Full model31/12/201310/06/201424/06/2014DutchPDF
Full model31/12/201211/06/201325/06/2013DutchPDF
Full model31/12/201112/06/201214/06/2012DutchPDF
Full model31/12/201014/06/201119/07/2011DutchPDF
Full model31/12/200908/06/201014/06/2010DutchPDF
Full model31/12/200809/06/200903/07/2009DutchPDF
Full model31/12/200710/06/200816/06/2008DutchPDF
Full model31/12/200612/06/200727/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

TEAM INDUSTRIES

Managing director · since 09 mai 2025 · until 10 juin 2031 · 0464.489.646

Represented by Bernhard Weiß

Active
EMRECO

Director · since 28 avril 2025 · until 10 juin 2031 · 0647.855.872

Represented by Sylvie Van Kerrebroek

Active

Ended mandates

TEAM INDUSTRIES

Managing director · since 30 octobre 2024 · until 09 mai 2025 · 0464.489.646

Represented by Lieven Coelus

Ended
TECHNISCH ADVIESBUREAU

Director · since 30 octobre 2024 · until 09 mai 2025 · 0452.305.753

Represented by Geert De Cocker

Ended
CEOACH

Managing director · since 20 janvier 2023 · until 13 juin 2028 · 0895.710.668

Represented by Vincent Pairet

Ended
Matthias Kreye

Director · since 20 janvier 2023 · until 13 juin 2028

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2016
    BENAMING - ONTSLAGEN - BENOEMINGEN
    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 2025413,4 k €↓
  2. 2024
    Annual accounts 2024561,4 k €↓
  3. 2023
    Annual accounts 2023646 k €↑
  4. 2022
    Annual accounts 2022386,4 k €↓
  5. 2021
    Annual accounts 2021529,6 k €↑
  6. 2020
    Annual accounts 2020-116,8 k €↑
  7. 2019
    Annual accounts 2019-251,3 k €↓
  8. 2018
    Annual accounts 201867,1 k €↑
  9. 2017
    Annual accounts 201720,5 k €↑
  10. 2016
    Annual accounts 201617,6 k €↑
  11. 2015
    Annual accounts 2015-16,2 k €↑
  12. 2015
    Name changeSmart Metal Works
  13. 2014
    Annual accounts 2014-91,1 k €↓
  14. 2013
    Annual accounts 2013-2,1 k €↑
  15. 2012
    Annual accounts 2012-113,9 k €↓
  16. 2011
    Annual accounts 2011227,7 k €↓
  17. 2010
    Annual accounts 2010385,3 k €↑
  18. 2009
    Annual accounts 2009-74,4 k €↓
  19. 2008
    Annual accounts 2008517,5 k €↓
  20. 2007
    Annual accounts 2007559 k €↓
  21. 2006
    Annual accounts 20061 M €
  22. 2006
    Name changeTEAM LASER PRESS
  23. 30/11/1998
    IncorporationPublic limited company