ACTIVE

Dr. Werner SMITS

Financial year 2025 · Closed on 31/12/2025

Net result210,4 k €+24,1 %over 1 year
Gross margin374,3 k €+19,8 %over 1 year
Equity1 M €-10,3 %over 1 year

Identity

Source · BCE/KBO

Dr. Werner SMITS is a Private limited company incorporated in 1999. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Maaseik.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.602.257
Incorporation
24/11/1999
Legal form
Private limited company
Registered office
Maastrichtersteenweg 64
3680 Maaseik · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin374,3 k €312,4 k €328 k €338 k €367,2 k €
EBITDA331,7 k €269,7 k €255 k €266,9 k €312,3 k €
Operating result304 k €242,6 k €229,8 k €253,9 k €306,5 k €
Net result210,4 k €169,6 k €260 k €158,2 k €176,6 k €
Balance sheet
Equity1 M €1,2 M €1,1 M €901,6 k €853,5 k €
Total assets1,4 M €1,2 M €1,3 M €988,5 k €925,7 k €
Cash883 k €614,1 k €800,7 k €590,1 k €658,6 k €
Debts284,4 k €24,7 k €77 k €28,4 k €13,8 k €
Other
Workforce–––––

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

1 active · 3 ended

Active mandates

Werner Smits

Mandate

Active

Ended mandates

WERNER SMITS

Manager · since 01 janvier 2006 · until 31 décembre 2006

Ended
WERNER SMITS

Director

Ended
WERNER SMITS

Manager

Ended

Other companies at this address

Maastrichtersteenweg 64 3680 Maaseik
CompanyCBE no.
0805.180.370
0466.790.229

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date28/07/202629/08/202521/06/202421/06/202317/06/202222/06/2021
General meeting30/06/202630/07/202523/05/202423/05/202304/06/202223/05/2021
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
Micro model31/12/202530/06/202628/07/2026DutchPDF
Micro model31/12/202430/07/202529/08/2025DutchPDF
Micro model31/12/202323/05/202421/06/2024DutchPDF
Micro model31/12/202223/05/202321/06/2023DutchPDF
Micro model31/12/202104/06/202217/06/2022DutchPDF
Micro model31/12/202023/05/202122/06/2021DutchPDF
Micro model31/12/201930/06/202014/07/2020DutchPDF
Micro model31/12/201830/06/201904/07/2019DutchPDF
Abridged model31/12/201730/06/201827/07/2018DutchPDF
Abridged model31/12/201624/06/201722/07/2017DutchPDF
Abridged model31/12/201526/06/201628/06/2016DutchPDF
Abridged model31/12/201429/06/201529/07/2015DutchPDF
Abridged model31/12/201330/06/201406/08/2014DutchPDF
Abridged model31/12/201230/06/201330/07/2013DutchPDF
Abridged model31/12/201130/06/201228/07/2012DutchPDF
Abridged model31/12/201030/06/201125/07/2011DutchPDF
Abridged model31/12/200920/06/201014/07/2010DutchPDF
Abridged model31/12/200830/06/200904/08/2009DutchPDF
Abridged model31/12/200726/06/200810/07/2008DutchPDF
Abridged model31/12/200626/06/200718/07/2007DutchPDF

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

1 active · 3 ended

Active mandates

Werner Smits

Mandate

Active

Ended mandates

WERNER SMITS

Manager · since 01 janvier 2006 · until 31 décembre 2006

Ended
WERNER SMITS

Director

Ended
WERNER SMITS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/12/2017
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares19/11/2013
    KAPITAAL - AANDELEN
    PDF
  • Mandates28/10/2011
    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 2025210,4 k €↑
  2. 2024
    Annual accounts 2024169,6 k €↓
  3. 2023
    Annual accounts 2023260 k €↑
  4. 2022
    Annual accounts 2022158,2 k €↓
  5. 2021
    Annual accounts 2021176,6 k €↑
  6. 2020
    Annual accounts 2020107,7 k €↓
  7. 2019
    Annual accounts 2019170,3 k €↓
  8. 2018
    Annual accounts 2018236,5 k €↑
  9. 2017
    Annual accounts 201769,2 k €↓
  10. 2016
    Annual accounts 2016129,4 k €↓
  11. 2015
    Annual accounts 2015170,3 k €↑
  12. 2014
    Annual accounts 2014140,7 k €↓
  13. 2013
    Annual accounts 2013151,9 k €↑
  14. 2012
    Annual accounts 2012144,4 k €↑
  15. 2011
    Annual accounts 2011116 k €↑
  16. 2010
    Annual accounts 201050,5 k €↓
  17. 2009
    Annual accounts 200998,5 k €↓
  18. 2008
    Annual accounts 2008164,4 k €↑
  19. 2007
    Annual accounts 200770 k €↑
  20. 2006
    Annual accounts 2006-23,3 k €
  21. 24/11/1999
    IncorporationPrivate limited company