ACTIVE

SMART

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Financial year 2025 · closed on 31/12/2025

Net result

75,2 k €

+13.3% YoY

Gross margin

145,5 k €

+23.7% YoY

Equity

385,4 k €

+18.9% YoY

What does SMART do?

SMART is a Private limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Oudsbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0468.476.643

Incorporation

16/12/1999

Legal form

Private limited company

Registered office

Weg naar Helchteren 81
3670 Oudsbergen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	145,5 k €	+23.7%	117,6 k €	-1.6%	119,5 k €	+55.6%	76,8 k €	-5.2%	81 k €	-45.2%	147,7 k €	+232%	44,4 k €	+8653%	-519,6 €	+98.6%	-37,8 k €	-153%	71,9 k €	+10.5%	65,1 k €	+37.3%	47,4 k €	-8.5%	51,8 k €	+34.3%	38,6 k €	-31.5%	56,3 k €	-5.0%	59,3 k €	-19.0%	73,2 k €	+91.2%	38,3 k €	-44.0%	68,4 k €	+13.8%	60,1 k €
EBITDA	142 k €	+24.1%	114,5 k €	-1.2%	115,8 k €	+57.0%	73,8 k €	-3.2%	76,2 k €	-41.7%	130,8 k €	+221%	40,8 k €	+745%	-6,3 k €	+84.7%	-41,4 k €	-159%	69,6 k €	+14.0%	61 k €	+39.0%	43,9 k €	-8.2%	47,8 k €	+30.1%	36,7 k €	-33.3%	55,1 k €	-4.7%	57,8 k €	-19.8%	72 k €	+102%	35,7 k €	-46.8%	67,1 k €	+14.0%	58,9 k €
Operating result	105,4 k €	+15.1%	91,6 k €	-4.1%	95,5 k €	+78.4%	53,5 k €	+1.6%	52,7 k €	-50.9%	107,4 k €	+594%	15,5 k €	+144%	-35,2 k €	+51.1%	-71,9 k €	-279%	40,2 k €	-13.2%	46,3 k €	+74.8%	26,5 k €	-22.3%	34,1 k €	+166%	12,8 k €	-47.4%	24,4 k €	+10.4%	22,1 k €	-18.4%	27 k €	+14875%	180,6 €	-99.5%	35 k €	+27.3%	27,5 k €
Net result	75,2 k €	+13.3%	66,3 k €	-1.8%	67,5 k €	+80.4%	37,4 k €	+6.3%	35,2 k €	-64.3%	98,6 k €	+585%	14,4 k €	+141%	-35,1 k €	+51.2%	-71,9 k €	-361%	27,5 k €	+1.7%	27 k €	+25.6%	21,5 k €	-29.4%	30,5 k €	+148%	12,3 k €	-31.1%	17,8 k €	+14.8%	15,5 k €	-24.1%	20,4 k €	-59.6%	50,6 k €	+85.6%	27,3 k €	+49.1%	18,3 k €
Balance sheet
Equity	385,4 k €	+18.9%	324,3 k €	+25.7%	257,9 k €	+35.5%	190,4 k €	+24.5%	153 k €	-28.7%	214,5 k €	-33.6%	322,9 k €	+4.7%	308,5 k €	-10.2%	343,6 k €	-17.3%	415,5 k €	+7.1%	388 k €	+7.5%	361 k €	+6.3%	339,5 k €	+2.3%	332 k €	+3.8%	319,7 k €	+5.9%	301,9 k €	+5.4%	286,4 k €	-24.5%	379,4 k €	+15.4%	328,8 k €	+9.1%	301,5 k €
Total assets	431,1 k €	+24.6%	345,9 k €	+16.3%	297,4 k €	+36.8%	217,4 k €	-24.6%	288,5 k €	+14.7%	251,5 k €	-26.9%	344,1 k €	+7.7%	319,6 k €	-13.5%	369,6 k €	-21.3%	469,7 k €	+14.2%	411,4 k €	+4.6%	393,1 k €	-4.7%	412,3 k €	+21.5%	339,4 k €	-2.5%	348,2 k €	+13.3%	307,4 k €	+2.4%	300,2 k €	-30.4%	431,4 k €	+26.2%	341,9 k €	+11.9%	305,5 k €
Cash	285,7 k €	+52.4%	187,5 k €	+26.5%	148,2 k €	+171%	54,6 k €	-49.0%	107,1 k €	+99.1%	53,8 k €	-50.9%	109,6 k €	+32.2%	82,9 k €	-19.1%	102,5 k €	-55.0%	227,6 k €	+167%	85,1 k €	-30.2%	122 k €	-44.6%	220,2 k €	+84.1%	119,6 k €	-14.0%	139 k €	+92.0%	72,4 k €	+56.9%	46,1 k €	-83.1%	272,6 k €	+76.8%	154,2 k €	+52.6%	101 k €
Debts	45,7 k €	+111%	21,6 k €	-45.3%	39,5 k €	+47.5%	26,8 k €	-80.2%	135,5 k €	+266%	37 k €	+80.1%	20,6 k €	+86.0%	11,1 k €	-57.4%	26 k €	-52.1%	54,2 k €	+132%	23,3 k €	-27.3%	32,1 k €	-55.9%	72,8 k €	+883%	7,4 k €	-25.7%	10 k €	+81.6%	5,5 k €	-60.3%	13,8 k €	-71.8%	49 k €	+273%	13,1 k €	+227%	4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Martine Eerdekens

Mandate

Active

Steven Vanmol

Mandate

Active

Ended mandates

Martine Eerdekens

Managing director · since 01 juin 2017 · until 01 juin 2023

Ended

Steven Vanmol

Director · since 01 juin 2017 · until 01 juin 2023

Ended

Jacobus Eerdekens

Director · since 01 juin 2011 · until 01 juin 2017

Ended

Martine Eerdekens

Managing director · since 01 juin 2011 · until 01 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
BOUWWERKEN EERDEKENS● Active	0446.235.533

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	24/07/2026	10/06/2025	18/06/2024	27/06/2023	03/06/2022	28/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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
Micro model	31/12/2025	03/06/2026	24/07/2026	Dutch	PDF
Micro model	31/12/2024	04/06/2025	10/06/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	18/06/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	27/06/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	03/06/2022	Dutch	PDF
Micro model	31/12/2020	02/06/2021	28/06/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	18/06/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	12/07/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	19/08/2018	Dutch	PDF
Micro model	31/12/2016	07/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	08/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	16/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Martine Eerdekens

Mandate

Active

Steven Vanmol

Mandate

Active

Ended mandates

Martine Eerdekens

Managing director · since 01 juin 2017 · until 01 juin 2023

Ended

Steven Vanmol

Director · since 01 juin 2017 · until 01 juin 2023

Ended

Jacobus Eerdekens

Director · since 01 juin 2011 · until 01 juin 2017

Ended

Martine Eerdekens

Managing director · since 01 juin 2011 · until 01 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/01/2014
KAPITAAL - AANDELEN
PDF
Mandates30/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/12/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/07/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/03/2008
ONTSLAGEN - BENOEMINGEN
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 202575,2 k €↑
2024
Annual accounts 202466,3 k €↓
2023
Annual accounts 202367,5 k €↑
2022
Annual accounts 202237,4 k €↑
2021
Annual accounts 202135,2 k €↓
2020
Annual accounts 202098,6 k €↑
2019
Annual accounts 201914,4 k €↑
2018
Annual accounts 2018-35,1 k €↑
2017
Annual accounts 2017-71,9 k €↓
2016
Annual accounts 201627,5 k €↑
2015
Annual accounts 201527 k €↑
2014
Annual accounts 201421,5 k €↓
2013
Annual accounts 201330,5 k €↑
2012
Annual accounts 201212,3 k €↓
2011
Annual accounts 201117,8 k €↑
2010
Annual accounts 201015,5 k €↓
2009
Annual accounts 200920,4 k €↓
2008
Annual accounts 200850,6 k €↑
2007
Annual accounts 200727,3 k €↑
2006
Annual accounts 200618,3 k €
16/12/1999
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

SMART

Overview

What does SMART do?

Trend over 20 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