NORMAL SITUATION

Smooth

Financial year 2022 · closed on 31/12/2022
Net result
59,8 k €
-28.1% YoY
Revenue
1,2 M €
+67.1% YoY
Equity
170,5 k €
+54.0% YoY
Workforce
10,8 ETP
+66.2% YoY

Company — Normal situation.

What does Smooth do?

Smooth is a company registered in Belgium. It employs on average 10,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0698.603.205
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2022
Average workforce
10,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2022202120202019
Income statement
Revenue1,2 M €738,7 k €495,6 k €423,4 k €
EBITDA100,4 k €116,4 k €-24,1 k €1,3 k €
Operating result96,5 k €112,4 k €-27,5 k €-2,4 k €
Net result59,8 k €83,2 k €-31,1 k €-3,4 k €
Balance sheet
Equity170,5 k €110,7 k €27,5 k €58,6 k €
Total assets390,3 k €275,1 k €223,6 k €115,4 k €
Cash6,7 k €25,2 k €11,6 k €10,3 k €
Debts219,8 k €164,4 k €196,2 k €56,8 k €
Other
Workforce10,8 ETP6,5 ETP2,9 ETP1,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 4 active

Active mandates

Phanes

Director · since 01 août 2020 · until 13 juin 2024 · 0836.535.621

Represented by Gunther Van Roey

Active
De Cronos Groep

Director · since 18 juin 2018 · until 13 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 18 juin 2018 · until 13 juin 2024

Active
XGD

Director · since 18 juin 2018 · until 13 juin 2024 · 0557.979.137

Represented by Paul Claes

Active
Annual accounts

Full financial information

2022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202018/06/2018
Closing of the financial year31/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months19 months
Filing date04/09/202319/08/202206/08/202109/07/2020
General meeting08/06/202306/07/202210/06/202111/06/2020
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202208/06/202304/09/2023DutchPDF
Abridged model31/12/202106/07/202219/08/2022DutchPDF
Abridged model31/12/202010/06/202106/08/2021DutchPDF
Abridged model31/12/201911/06/202009/07/2020DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 4 active

Active mandates

Phanes

Director · since 01 août 2020 · until 13 juin 2024 · 0836.535.621

Represented by Gunther Van Roey

Active
De Cronos Groep

Director · since 18 juin 2018 · until 13 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 18 juin 2018 · until 13 juin 2024

Active
XGD

Director · since 18 juin 2018 · until 13 juin 2024 · 0557.979.137

Represented by Paul Claes

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 202259,8 k €
  2. 2021
    Annual accounts 202183,2 k €
  3. 2020
    Annual accounts 2020-31,1 k €
  4. 2019
    Annual accounts 2019-3,4 k €