ACTIVE

SMITH-BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
71 k €
-83.9% YoY
Revenue
4,5 M €
-13.5% YoY
Equity
1,2 M €
+6.4% YoY
Workforce
21,6 ETP
+10.8% YoY

What does SMITH-BELGIUM do?

SMITH-BELGIUM is a Public limited company incorporated in 2016. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Stabroek. It employs on average 21,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.665.355
Incorporation
07/01/2016
Legal form
Public limited company
Registered office
Conservenweg 1C
2940 Stabroek · FlandreSee on map
Contributed capital
209 100,00 €
Latest accounts
31/12/2025
Average workforce
21,6 ETP
Activities (NACE)
28250Manufacture of non-domestic cooling and ventilation equipment· main28250Manufacture of non-domestic cooling and ventilation equipment33120Repair of machinery33120Repair of machinery26400Manufacture of consumer electronics26400Manufacture of consumer electronics+2
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue4,5 M €5,2 M €4,3 M €––
EBITDA144,7 k €650,1 k €405,2 k €238,1 k €235,4 k €
Operating result111,5 k €623,1 k €387 k €214,4 k €214,1 k €
Net result71 k €441,7 k €289,4 k €213,6 k €212,7 k €
Balance sheet
Equity1,2 M €1,1 M €689,6 k €425 k €211,4 k €
Total assets1,9 M €1,8 M €1,4 M €1,4 M €1,3 M €
Cash612,1 k €249 k €207,3 k €207,3 k €246,7 k €
Debts508 k €603,2 k €670,8 k €973,4 k €961,5 k €
Other
Workforce21,6 ETP19,5 ETP20,8 ETP19,6 ETP19,1 ETP
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 · 6 ended

Active mandates

Edward Smith

Director · since 30 décembre 2015 · until 14 juin 2027

Active
Willem Leijdekkers

Director · since 30 décembre 2015 · until 14 juin 2027

Active

Ended mandates

Johannes Van Der Kruk

Director · since 31 décembre 2015 · until 01 janvier 2021

Ended
Johannes Van Der Kruk

Director · since 31 décembre 2015 · until 31 décembre 2021

Ended
Edward Smith

Director · since 30 décembre 2015 · until 14 juin 2021

Ended
Edward Smith

Director · since 30 décembre 2015 · until 30 décembre 2021

Ended
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 date18/09/202611/06/202529/07/202429/08/202320/07/202224/08/2021
General meeting08/09/202619/05/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/09/202618/09/2026DutchPDF
Abridged model31/12/202419/05/202511/06/2025DutchPDF
Abridged model31/12/202310/06/202429/07/2024DutchPDF
Abridged model31/12/202212/06/202329/08/2023DutchPDF
Abridged model31/12/202113/06/202220/07/2022DutchPDF
Abridged model31/12/202014/06/202124/08/2021DutchPDF
Abridged model31/12/201908/06/202030/06/2020DutchPDF
Abridged model31/12/201801/06/201927/06/2019DutchPDF
Abridged model31/12/201711/06/201829/06/2018DutchPDF
Abridged model31/12/201612/06/201709/08/2017DutchPDF
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 · 6 ended

Active mandates

Edward Smith

Director · since 30 décembre 2015 · until 14 juin 2027

Active
Willem Leijdekkers

Director · since 30 décembre 2015 · until 14 juin 2027

Active

Ended mandates

Johannes Van Der Kruk

Director · since 31 décembre 2015 · until 01 janvier 2021

Ended
Johannes Van Der Kruk

Director · since 31 décembre 2015 · until 31 décembre 2021

Ended
Edward Smith

Director · since 30 décembre 2015 · until 14 juin 2021

Ended
Edward Smith

Director · since 30 décembre 2015 · until 30 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/08/2016
    KAPITAAL - AANDELEN
    PDF
  • Restructuring16/06/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other11/01/2016
    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 202571 k €↓
  2. 2024
    Annual accounts 2024441,7 k €↑
  3. 2023
    Annual accounts 2023289,4 k €↑
  4. 2022
    Annual accounts 2022213,6 k €↑
  5. 2021
    Annual accounts 2021212,7 k €
  6. 07/01/2016
    IncorporationPublic limited company