ACTIVE

SMG

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
468,2 k €
+26.8% YoY
Gross margin
2,8 M €
+13.4% YoY
Equity
738,5 k €
+19.1% YoY
Workforce
26,4 ETP
+1.5% YoY

What does SMG do?

SMG is a Private limited company incorporated in 2013. Its main activity is: Advertising agencies. Its registered office is in Aalst. It employs on average 26,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0533.858.405
Incorporation
03/05/2013
Legal form
Private limited company
Registered office
Moorselbaan 189
9300 Aalst · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
26,4 ETP
Activities (NACE)
73110Advertising agencies· main73110Advertising agencies
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212019201820172016201520142013
Income statement
Gross margin2,8 M €2,5 M €2 M €1,8 M €1,4 M €846,4 k €583,9 k €450,5 k €352,9 k €217,2 k €76,5 k €26,6 k €
EBITDA936,4 k €602,4 k €267,7 k €376,9 k €244,5 k €167 k €71,2 k €47,9 k €29,3 k €32,8 k €13,4 k €10,6 k €
Operating result643,5 k €466,1 k €181,3 k €285,5 k €171,9 k €95,1 k €32,8 k €23,4 k €14,8 k €26,2 k €9,4 k €7,6 k €
Net result468,2 k €369,2 k €131,8 k €193,3 k €113 k €35,1 k €13,5 k €1,9 k €11,1 k €-10,7 k €9,5 k €7,1 k €
Balance sheet
Equity738,5 k €620,2 k €581,1 k €436,9 k €243,5 k €70,4 k €35,2 k €21,7 k €19,8 k €8,6 k €19,3 k €9,8 k €
Total assets3,2 M €2,7 M €2 M €1,9 M €1,5 M €1,1 M €811,1 k €716 k €740,8 k €486,8 k €187,8 k €87,5 k €
Cash537,3 k €607,9 k €333,9 k €335,5 k €377,5 k €61,1 k €109,5 k €55,4 k €120,8 k €6,9 k €–2,5 k €
Debts2 M €1,6 M €1 M €1,1 M €864,5 k €829,9 k €556,2 k €476,3 k €660,9 k €466,2 k €150 k €44 k €
Other
Workforce26,4 ETP26,0 ETP25,5 ETP21,0 ETP18,4 ETP12,4 ETP11,0 ETP9,2 ETP7,5 ETP6,0 ETP3,0 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

SPOTTS

Director · 0713.551.497

Represented by Olivier STERCKX

Active

Ended mandates

SPOTTS

Director · since 01 juillet 2021 · 0713.551.497

Represented by Olivier STERCKX

Ended
Spotts BV

Bestuurder · since 01 juillet 2021

Represented by Olivier Sterckx

Ended
Natalie Vauterin

Bestuurder · since 30 avril 2013 · until 30 juin 2021

Ended
Natalie Vauterin

Director · since 30 avril 2013

Ended
At this address

Other companies at this address

CompanyCBE no.
KOMPOSIET● Active
0680.516.762
Koninklijke Eendracht Aalst Lede● Active
0803.419.821
LM Holding● Active
1035.517.461
Supporterscollectief ZwartWit● Active
1019.986.276
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date29/04/202629/07/202512/07/202418/07/202326/04/202226/07/2021
General meeting30/03/202630/06/202528/06/202423/06/202331/03/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/03/202629/04/2026DutchPDF
Abridged model31/12/202430/06/202529/07/2025DutchPDF
Abridged model31/12/202328/06/202412/07/2024DutchPDF
Abridged model31/12/202223/06/202318/07/2023DutchPDF
Abridged model31/12/202131/03/202226/04/2022DutchPDF
Abridged model31/12/202030/06/202126/07/2021DutchPDF
Abridged model31/12/201905/06/202008/07/2020DutchPDF
Abridged model31/12/201807/06/201923/07/2019DutchPDF
Abridged model31/12/201701/06/201830/07/2018DutchPDF
Abridged model31/12/201602/06/201710/08/2017DutchPDF
Abridged model31/12/201503/06/201602/08/2016DutchPDF
Abridged model31/12/201405/06/201515/07/2015DutchPDF
Abridged model31/12/201306/06/201423/07/2014DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

SPOTTS

Director · 0713.551.497

Represented by Olivier STERCKX

Active

Ended mandates

SPOTTS

Director · since 01 juillet 2021 · 0713.551.497

Represented by Olivier STERCKX

Ended
Spotts BV

Bestuurder · since 01 juillet 2021

Represented by Olivier Sterckx

Ended
Natalie Vauterin

Bestuurder · since 30 avril 2013 · until 30 juin 2021

Ended
Natalie Vauterin

Director · since 30 avril 2013

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN
    PDF
  • Mandates22/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/11/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/05/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025468,2 k €↑
  2. 2024
    Annual accounts 2024369,2 k €↑
  3. 2023
    Annual accounts 2023131,8 k €↓
  4. 2022
    Annual accounts 2022193,3 k €↑
  5. 2021
    Annual accounts 2021113 k €↑
  6. 2019
    Annual accounts 201935,1 k €↑
  7. 2018
    Annual accounts 201813,5 k €↑
  8. 2017
    Annual accounts 20171,9 k €↓
  9. 2016
    Annual accounts 201611,1 k €↑
  10. 2015
    Annual accounts 2015-10,7 k €↓
  11. 2014
    Annual accounts 20149,5 k €↑
  12. 2013
    Annual accounts 20137,1 k €
  13. 03/05/2013
    IncorporationPrivate limited company