ACTIVE

SHM

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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
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 39 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue420 k €300 k €300 k €300 k €300 k €
EBITDA38,8 k €10,6 k €10,1 k €19 k €55,8 k €
Operating result38,8 k €10,6 k €10,1 k €19 k €55,8 k €
Net result28,4 k €7,4 k €6,2 k €12,7 k €38,8 k €
Balance sheet
Equity14 M €7 M €7 M €6,9 M €6,9 M €
Total assets14,1 M €7 M €7 M €7 M €7 M €
Cash7,9 k €11,7 k €1,3 k €37,4 €5,3 k €
Debts71 k €83,1 k €81,4 k €74,6 k €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 · 17 ended

Active mandates

De Kraey

Director · since 18 décembre 2025 · until 27 juin 2031 · 0466.392.925

Represented by Willem Smet

Active
Griet Carlier

Director · since 18 décembre 2025 · until 27 juin 2031

Active
Lieve Maria Christiane W Van Oosterwyck

Director · since 18 décembre 2025 · until 27 juin 2031

Active
MGD

Director · since 18 décembre 2025 · until 27 juin 2031 · 0468.743.095

Represented by Dirk Smet

Active

Ended mandates

De Kraey

Director · since 15 juillet 2020 · until 25 juin 2026 · 0466.392.925

Represented by Willem Smet

Ended
De Kraey

Director · since 15 juillet 2020 · until 26 juin 2026 · 0466.392.925

Represented by Willem Smet

Ended
MGD

Director · since 15 juillet 2020 · until 25 juin 2026 · 0468.743.095

Represented by Dirk Smet

Ended
De Kraey

Director · since 28 juin 2014 · until 26 juin 2020 · 0466.392.925

Represented by Willem SMET

Ended

Other companies at this address

Kastelsedijk 64 2480 Dessel
CompanyCBE 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
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TM Smet GWT Europe - IF Tech● Active
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TM Smet GWT Europe - Mourik Technics● Active
0801.789.231

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 date24/07/202625/08/202530/08/202428/07/202321/07/202212/08/2021
General meeting30/06/202631/07/202528/08/202426/07/202330/06/202215/07/2021
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, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202624/07/2026DutchPDF
Full model31/12/202431/07/202525/08/2025DutchPDF
Consolidated accounts31/12/202431/07/202513/08/2025DutchPDF
Full model31/12/202328/08/202430/08/2024DutchPDF
Consolidated accounts31/12/202328/08/202419/09/2024DutchPDF
Full model31/12/202226/07/202328/07/2023DutchPDF
Consolidated accounts31/12/202226/07/202331/07/2023DutchPDF
Full model31/12/202130/06/202221/07/2022DutchPDF
Consolidated accounts31/12/202130/06/202227/07/2022DutchPDF
Full model31/12/202015/07/202112/08/2021DutchPDF
Consolidated accounts31/12/202015/07/202120/07/2021DutchPDF
Full model31/12/201915/07/202017/08/2020DutchPDF
Consolidated accounts31/12/201915/04/202013/08/2020DutchPDF
Full model31/12/201828/06/201918/07/2019DutchPDF
Consolidated accounts31/12/201828/06/201930/07/2019DutchPDF
Full model31/12/201729/06/201818/07/2018DutchPDF
Consolidated accounts31/12/201729/06/201827/07/2018DutchPDF
Full model31/12/201629/06/201710/07/2017DutchPDF
Consolidated accounts31/12/201629/06/201713/07/2017DutchPDF
Full model31/12/201530/06/201611/07/2016DutchPDF
Consolidated accounts31/12/201530/06/201611/07/2016DutchPDF
Full model31/12/201426/06/201518/08/2015DutchPDF
Consolidated accounts31/12/201430/06/201506/07/2015DutchPDF
Full model31/12/201327/06/201410/07/2014DutchPDF
Consolidated accounts31/12/201327/06/201409/07/2014DutchPDF
Full model31/12/201228/06/201318/07/2013DutchPDF
Consolidated accounts31/12/201224/06/201303/07/2013DutchPDF
Full model31/12/201129/06/201229/06/2012DutchPDF
Consolidated accounts31/12/201129/06/201229/06/2012DutchPDF
Full model31/12/201006/06/201111/07/2011DutchPDF
Consolidated accounts31/12/201024/06/201127/06/2011DutchPDF
Full model31/12/200917/05/201025/06/2010DutchPDF
Consolidated accounts31/12/200917/05/201019/05/2010DutchPDF
Full model31/12/200808/05/200925/06/2009DutchPDF
Consolidated accounts31/12/200808/05/200910/06/2009DutchPDF
Full model31/12/200729/05/200827/06/2008DutchPDF
Consolidated accounts31/12/200729/05/200825/06/2008DutchPDF
Full model31/12/200629/06/200720/07/2007DutchPDF
Consolidated accounts31/12/200631/05/200729/06/2007DutchPDF

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 · 17 ended

Active mandates

De Kraey

Director · since 18 décembre 2025 · until 27 juin 2031 · 0466.392.925

Represented by Willem Smet

Active
Griet Carlier

Director · since 18 décembre 2025 · until 27 juin 2031

Active
Lieve Maria Christiane W Van Oosterwyck

Director · since 18 décembre 2025 · until 27 juin 2031

Active
MGD

Director · since 18 décembre 2025 · until 27 juin 2031 · 0468.743.095

Represented by Dirk Smet

Active

Ended mandates

De Kraey

Director · since 15 juillet 2020 · until 25 juin 2026 · 0466.392.925

Represented by Willem Smet

Ended
De Kraey

Director · since 15 juillet 2020 · until 26 juin 2026 · 0466.392.925

Represented by Willem Smet

Ended
MGD

Director · since 15 juillet 2020 · until 25 juin 2026 · 0468.743.095

Represented by Dirk Smet

Ended
De Kraey

Director · since 28 juin 2014 · until 26 juin 2020 · 0466.392.925

Represented by Willem SMET

Ended

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

  1. 2025
    Annual accounts 202528,4 k €↑
  2. 2025
    Name changeSHM
  3. 2024
    Annual accounts 20247,4 k €↑
  4. 2023
    Annual accounts 20236,2 k €↓
  5. 2022
    Annual accounts 202212,7 k €↓
  6. 2021
    Annual accounts 202138,8 k €↑
  7. 2021
    Name changeSMET - HOLDING MAATSCHAPPIJ
  8. 2020
    Annual accounts 20208,4 k €↓
  9. 2019
    Annual accounts 201944,9 k €↑
  10. 2018
    Annual accounts 201835,7 k €↓
  11. 2017
    Annual accounts 201747,6 k €↓
  12. 2016
    Annual accounts 201657,2 k €↑
  13. 2015
    Annual accounts 201543,4 k €↓
  14. 2014
    Annual accounts 201448,7 k €↑
  15. 2013
    Annual accounts 201330,3 k €↑
  16. 2012
    Annual accounts 201214,5 k €↑
  17. 2011
    Annual accounts 20112,5 k €↓
  18. 2010
    Annual accounts 20103,2 k €↓
  19. 2009
    Annual accounts 200976,5 k €↓
  20. 2008
    Annual accounts 200890,4 k €↓
  21. 2007
    Annual accounts 2007118,4 k €↑
  22. 2006
    Annual accounts 2006110,6 k €
  23. 22/10/2002
    IncorporationPublic limited company