ACTIVE

SMART FLOW EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-9,8 %over 1 year

Revenue21 M €+8,6 %over 1 year

Equity5,7 M €+30,3 %over 1 year

Workforce26,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SMART FLOW EUROPE is a Public limited company incorporated in 2000. Its main activity is: Manufacture of builders’ ware of plastic. Its registered office is in Mouscron. It employs on average 26,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0472.047.134
Incorporation: 06/06/2000
Legal form: Public limited company
Registered office: Rue du Plavitout 133
7700 Mouscron · WallonieSee on map
Contributed capital: 2 885 833,64 €
Latest accounts: 31/12/2025
Average workforce: 26,9 ETP

Activities (NACE)

22230Manufacture of builders’ ware of plastic· main 22240Manufacture of plastic products 22260Manufacture of plastic products 22290Manufacture of other plastic products 25230Manufacture of tanks, reservoirs and containers of metal 22260Manufacture of plastic products+8

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	21 M €	+8.6%	19,3 M €	+4.1%	18,6 M €	-4.4%	19,5 M €	+17.8%	16,5 M €
EBITDA	3,7 M €	-2.4%	3,8 M €	+38.1%	2,8 M €	+3240%	82,7 k €	-95.0%	1,7 M €
Operating result	2,2 M €	+3.9%	2,2 M €	+142%	892,9 k €	+151%	-1,7 M €	-599%	-249,5 k €
Net result	1,4 M €	-9.8%	1,5 M €	+272%	416,7 k €	+121%	-2 M €	-341%	-457,5 k €
Balance sheet
Equity	5,7 M €	+30.3%	4,3 M €	+52.7%	2,8 M €	+13.0%	2,5 M €	-45.6%	4,6 M €
Total assets	19,2 M €	+5.8%	18,1 M €	-4.7%	19 M €	-14.1%	22,1 M €	+7.5%	20,6 M €
Cash	1,1 M €	-23.4%	1,5 M €	+13.0%	1,3 M €	-35.8%	2 M €	+58.7%	1,3 M €
Debts	13,5 M €	-1.7%	13,7 M €	-14.8%	16,1 M €	-17.6%	19,5 M €	+22.4%	15,9 M €
Other
Workforce	26,9 ETP	0.0%	26,9 ETP	+10.2%	24,4 ETP	+3.0%	23,7 ETP	+9.2%	21,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 39 ended

Active mandates

GLEMYRIUM

Director · since 01 janvier 2025 · 1018.101.904

Represented by Gregory Vandewiele

Active

MIACEEUM

Director · since 01 janvier 2025 · 1018.102.991

Represented by Mikaël Vandewiele

Active

GESEPAR

Director · since 26 décembre 2023 · until 29 mai 2029 · 0668.535.579

Represented by Michaël Cibois

Active

Gregory Vandewiele

Director · since 26 décembre 2023 · until 01 janvier 2025

Active

Jan Vandewiele

Managing director · since 26 décembre 2023 · until 29 mai 2029

Active

Jonathan Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Active

Mikael Vandewiele

Director · since 26 décembre 2023 · until 01 janvier 2025

Active

Pascale Rona

Director · since 26 décembre 2023 · until 29 mai 2029

Active

Ended mandates

Gregory Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Ended

Mikael Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Ended

GESEPAR

Director · since 24 décembre 2016 · until 31 mai 2022 · 0668.535.579

Represented by Michaël Cibois

Ended

GESEPAR

Director · since 23 décembre 2016 · until 31 mai 2022 · 0668.535.579

Represented by Michaël Cibois

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	17/07/2026	30/06/2025	10/09/2024	01/09/2023	29/07/2022	07/07/2021
General meeting	30/06/2026	20/06/2025	25/07/2024	29/08/2023	31/05/2022	25/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	17/07/2026	French	PDF
Full model	31/12/2024	20/06/2025	30/06/2025	French	PDF
Full modelCorrection	31/12/2023	25/07/2024	10/09/2024	French	PDF
Full model	31/12/2023	25/07/2024	12/08/2024	French	PDF
Full model	31/12/2022	29/08/2023	01/09/2023	French	PDF
Full model	31/12/2021	31/05/2022	29/07/2022	French	PDF
Full model	31/12/2020	25/05/2021	07/07/2021	French	PDF
Full model	31/12/2019	15/06/2020	30/06/2020	French	PDF
Full model	31/12/2018	28/05/2019	18/06/2019	French	PDF
Full model	31/12/2017	29/05/2018	29/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	27/06/2017	French	PDF
Full model	31/12/2015	31/05/2016	13/07/2016	French	PDF
Full model	31/12/2014	26/05/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	29/09/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	12/11/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	12/09/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	15/06/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	15/06/2011	French	PDF
Abridged model	31/12/2008	26/05/2009	15/06/2011	French	PDF
Abridged model	31/12/2007	27/05/2008	15/06/2011	French	PDF
Abridged model	31/12/2006	29/05/2007	31/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

8 active · 39 ended

Active mandates

GLEMYRIUM

Director · since 01 janvier 2025 · 1018.101.904

Represented by Gregory Vandewiele

Active

MIACEEUM

Director · since 01 janvier 2025 · 1018.102.991

Represented by Mikaël Vandewiele

Active

GESEPAR

Director · since 26 décembre 2023 · until 29 mai 2029 · 0668.535.579

Represented by Michaël Cibois

Active

Gregory Vandewiele

Director · since 26 décembre 2023 · until 01 janvier 2025

Active

Jan Vandewiele

Managing director · since 26 décembre 2023 · until 29 mai 2029

Active

Jonathan Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Active

Mikael Vandewiele

Director · since 26 décembre 2023 · until 01 janvier 2025

Active

Pascale Rona

Director · since 26 décembre 2023 · until 29 mai 2029

Active

Ended mandates

Gregory Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Ended

Mikael Vandewiele

Director · since 26 décembre 2023 · until 29 mai 2029

Ended

GESEPAR

Director · since 24 décembre 2016 · until 31 mai 2022 · 0668.535.579

Represented by Michaël Cibois

Ended

GESEPAR

Director · since 23 décembre 2016 · until 31 mai 2022 · 0668.535.579

Represented by Michaël Cibois

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates22/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates20/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates22/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates11/08/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2017
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/09/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20251,4 M €↓
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 2023416,7 k €↑
2022
Annual accounts 2022-2 M €↓
2021
Annual accounts 2021-457,5 k €↓
2020
Annual accounts 2020-68,9 k €↓
2019
Annual accounts 201960,6 k €↓
2018
Annual accounts 201897,1 k €↓
2017
Annual accounts 2017139 k €↓
2016
Annual accounts 2016359,2 k €↑
2015
Annual accounts 2015194,1 k €↑
2014
Annual accounts 2014119,2 k €↓
2013
Annual accounts 2013170,4 k €↑
2012
Annual accounts 2012135,2 k €↓
2011
Annual accounts 2011141,2 k €↑
2010
Annual accounts 201077,8 k €↓
2009
Annual accounts 2009343,7 k €↑
2008
Annual accounts 2008-975,1 k €↓
2007
Annual accounts 2007-655,1 k €↓
2006
Annual accounts 20064,3 k €
06/06/2000
IncorporationPublic limited company

SMART FLOW EUROPE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline