ACTIVE

SHM

Financial year 2025 · Closed on 31/12/2025

Net result28,4 k €+284,9 %over 1 year

Revenue420 k €+40,0 %over 1 year

Equity14 M €+101,1 %over 1 year

Identity

Source · BCE/KBO

SHM is a Public limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Dessel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.621.160
Incorporation: 22/10/2002
Legal form: Public limited company
Registered office: Kastelsedijk 64
2480 Dessel · FlandreSee on map
Contributed capital: 12 738 786,00 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 39 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	420 k €	+40.0%	300 k €	0.0%	300 k €	0.0%	300 k €	0.0%	300 k €
EBITDA	38,8 k €	+267%	10,6 k €	+5.2%	10,1 k €	-47.0%	19 k €	-66.0%	55,8 k €
Operating result	38,8 k €	+267%	10,6 k €	+5.2%	10,1 k €	-47.0%	19 k €	-66.0%	55,8 k €
Net result	28,4 k €	+285%	7,4 k €	+19.1%	6,2 k €	-51.1%	12,7 k €	-67.3%	38,8 k €
Balance sheet
Equity	14 M €	+101%	7 M €	+0.1%	7 M €	+0.1%	6,9 M €	+0.2%	6,9 M €
Total assets	14,1 M €	+99.8%	7 M €	+0.1%	7 M €	+0.2%	7 M €	-0.1%	7 M €
Cash	7,9 k €	-32.3%	11,7 k €	+835%	1,3 k €	+3247%	37,4 €	-99.3%	5,3 k €
Debts	71 k €	-14.5%	83,1 k €	+2.1%	81,4 k €	+9.1%	74,6 k €	-20.8%	94,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

Director	Mandates in this company	Period
De Kraey0466.392.925Represented by Willem Smet	Director22/10/2002 → 27/06/2031
Griet Carlier	Director18/12/2025 → 27/06/2031
Lieve Maria Christiane W Van Oosterwyck	Director18/12/2025 → 27/06/2031
MGD0468.743.095Represented by Dirk Smet	Director22/10/2002 → 27/06/2031

Other companies at this address

Kastelsedijk 64 2480 Dessel

Company	CBE no.
SMET - BORING● Active	0416.687.848
SMET-F & C● Active	0432.405.412
smet groep● Active	0898.547.721
SMET GROUP OVERSEAS● Active	0448.902.538
SMET GWT EUROPE● Active	0677.985.755
SMET PILE● Active	0677.627.845
SMET - TUNNELLING● Active	0403.664.312
Tijdelijke maatschap K-Boringen - SMET-TUNNELING● Active	1006.220.095
TM Bredene Gheotermie● Active	1036.636.228
TM GBL7A SMET-FRANKI● Active	1025.196.562
TM Smet-Aertssen-Soetaert● Active	1036.849.628
TM Smet F&C - Franki Foundations● Active	0759.659.062
TM SMET-F&C - SOLETANCHE-BACHY● Active	1028.884.938
TM Smet GWT Europe - IF Tech● Active	0759.751.609
TM Smet GWT Europe - Mourik Technics● Active	0801.789.231

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	24/07/2026	25/08/2025	30/08/2024	28/07/2023	21/07/2022	12/08/2021
General meeting	30/06/2026	31/07/2025	28/08/2024	26/07/2023	30/06/2022	15/07/2021
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, 39 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Full model	31/12/2024	31/07/2025	25/08/2025	Dutch	PDF
Consolidated accounts	31/12/2024	31/07/2025	13/08/2025	Dutch	PDF
Full model	31/12/2023	28/08/2024	30/08/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/08/2024	19/09/2024	Dutch	PDF
Full model	31/12/2022	26/07/2023	28/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	26/07/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	21/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Full model	31/12/2020	15/07/2021	12/08/2021	Dutch	PDF
Consolidated accounts	31/12/2020	15/07/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	15/07/2020	17/08/2020	Dutch	PDF
Consolidated accounts	31/12/2019	15/04/2020	13/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	18/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	28/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	18/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	29/06/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	29/06/2017	10/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	29/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	18/08/2015	Dutch	PDF
Consolidated accounts	31/12/2014	30/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	10/07/2014	Dutch	PDF

View all 39 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

4 active

Active mandates

Director	Mandates in this company	Period
De Kraey0466.392.925Represented by Willem Smet	Director22/10/2002 → 27/06/2031
Griet Carlier	Director18/12/2025 → 27/06/2031
Lieve Maria Christiane W Van Oosterwyck	Director18/12/2025 → 27/06/2031
MGD0468.743.095Represented by Dirk Smet	Director22/10/2002 → 27/06/2031

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/01/2026
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates08/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2014
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

De Kraey

MGD

Griet Carlier

Lieve Maria Christiane W Van Oosterwyck

200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

SHMSMET - HOLDING MAATSCHAPPIJ

Kastelsedijk 64, 2480 Dessel

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kastelsedijk 64, 2480 DesselCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00337066

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SHMCurrent	accounts 2025	Accounts 2025 · 2026-00337066
SMET - HOLDING MAATSCHAPPIJ	accounts 2021 → 2024	Accounts 2024 · 2025-00397635

Events

2025
Annual accounts 202528,4 k €↑
2025
Name changeSHM
2024
Annual accounts 20247,4 k €↑
2023
Annual accounts 20236,2 k €↓
2022
Annual accounts 202212,7 k €↓
2021
Annual accounts 202138,8 k €↑
2020
Annual accounts 20208,4 k €↓
2019
Annual accounts 201944,9 k €↑
2018
Annual accounts 201835,7 k €↓
2017
Annual accounts 201747,6 k €↓
2016
Annual accounts 201657,2 k €↑
2015
Annual accounts 201543,4 k €↓
2014
Annual accounts 201448,7 k €↑
2013
Annual accounts 201330,3 k €↑
2012
Annual accounts 201214,5 k €↑
2011
Annual accounts 20112,5 k €↓
2010
Annual accounts 20103,2 k €↓
2009
Annual accounts 200976,5 k €↓
2008
Annual accounts 200890,4 k €↓
2007
Annual accounts 2007118,4 k €↑
2006
Annual accounts 2006110,6 k €
22/10/2002
IncorporationPublic limited company

SHM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events