ACTIVE

SMAPPEE SERVICES

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Financial year 2025 · closed on 31/12/2025
Net result
-623,8 k €
-38.9% YoY
Gross margin
249,5 k €
+272.8% YoY
Equity
-991,9 k €
-169.5% YoY
Workforce
3,5 ETP

What does SMAPPEE SERVICES do?

SMAPPEE SERVICES is a Private limited company incorporated in 2011. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Harelbeke. It employs on average 3,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.376.866
Incorporation
07/04/2011
Legal form
Private limited company
Registered office
Evolis 104
8530 Harelbeke · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Average workforce
3,5 ETP
Activities (NACE)
27110Manufacture of electric motors, generators and transformers· main27110Manufacture of electric motors, generators and transformers71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Joint committees (1)
  • 200
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin249,5 k €66,9 k €162,9 k €247,4 k €115,7 k €73 k €-456,3 €-465,4 €28 k €-2,4 k €8,3 k €29,4 k €15,1 k €
EBITDA-20,2 k €-107,6 k €149,7 k €111,5 k €115,5 k €72,5 k €-1,2 k €-1,3 k €20,6 k €-3 k €7,7 k €24,9 k €-88,9 k €
Operating result-414,4 k €-286,1 k €93,2 k €58,8 k €12,1 k €-5,4 k €-1,2 k €-1,3 k €20,6 k €-3 k €7,7 k €19,4 k €-96,9 k €
Net result-623,8 k €-449,2 k €16,3 k €25,4 k €2,9 k €53,6 €339,6 €-717,1 €20,1 k €-4,2 k €79,3 k €14,1 k €-110,8 k €
Balance sheet
Equity-991,9 k €-368 k €81,1 k €64,9 k €39,4 k €28,1 k €28,1 k €27,7 k €28,5 k €8,3 k €12,6 k €-66,8 k €-80,8 k €
Total assets11 M €7,4 M €2,6 M €2,2 M €742,7 k €303,8 k €28,6 k €30,4 k €35,3 k €19,6 k €159,7 k €80,2 k €176,1 k €
Cash326 k €2 M €509,7 k €1,8 M €14,1 k €13,8 k €7,9 k €7,9 k €31,1 k €9,3 k €13,5 k €3,1 k €17,2 k €
Debts12 M €7,8 M €2,6 M €2,1 M €703,3 k €275,2 k €552,1 €2,7 k €6,7 k €11,3 k €147,1 k €147 k €243,1 k €
Other
Workforce3,5 ETP0,0 ETP0,0 ETP–––––––––1,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Smappee Group

Director · since 06 juin 2025 · 1022.538.267

Represented by Stefan Grosjean

Active
XVENT

Director · since 24 septembre 2020 · until 05 juin 2025 · 0478.079.346

Represented by Stefan Grosjean

Active

Ended mandates

XVENT

Director · since 24 septembre 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended
XVENT

Manager · since 07 avril 2011 · 0478.079.346

Represented by Stefan Grosjean

Ended
XVENT

Manager · since 07 avril 2011 · 0478.079.346

Represented by Stefan GROSEJAN

Ended
XVENT

Director · since 07 avril 2011 · 0478.079.346

Represented by Stefan Grosjean

Ended
At this address

Other companies at this address

CompanyCBE no.
Administratiekantoor Smappee● Active
0787.979.993
Get Driven● Active
0873.372.459
Smappee● Active
0849.366.642
Smappee Group● Active
1022.538.267
SNOWBALL● Active
0406.800.974
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 date13/07/202625/06/202514/06/202418/07/202327/07/202230/06/2021
General meeting26/06/202606/06/202507/06/202430/06/202303/06/202204/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202613/07/2026DutchPDF
Abridged model31/12/202406/06/202525/06/2025DutchPDF
Abridged model31/12/202307/06/202414/06/2024DutchPDF
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202103/06/202227/07/2022DutchPDF
Abridged model31/12/202004/06/202130/06/2021DutchPDF
Abridged model31/12/201903/09/202002/10/2020DutchPDF
Abridged model31/12/201807/06/201930/08/2019DutchPDF
Abridged model31/12/201701/06/201824/08/2018DutchPDF
Abridged model31/12/201602/06/201731/08/2017DutchPDF
Abridged model31/12/201503/06/201623/08/2016DutchPDF
Abridged model31/12/201405/06/201521/08/2015DutchPDF
Abridged model31/12/201306/06/201429/08/2014DutchPDF
Abridged model31/12/201207/06/201323/08/2013DutchPDF
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 31/12/2025 · 2 active · 6 ended

Active mandates

Smappee Group

Director · since 06 juin 2025 · 1022.538.267

Represented by Stefan Grosjean

Active
XVENT

Director · since 24 septembre 2020 · until 05 juin 2025 · 0478.079.346

Represented by Stefan Grosjean

Active

Ended mandates

XVENT

Director · since 24 septembre 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended
XVENT

Manager · since 07 avril 2011 · 0478.079.346

Represented by Stefan Grosjean

Ended
XVENT

Manager · since 07 avril 2011 · 0478.079.346

Represented by Stefan GROSEJAN

Ended
XVENT

Director · since 07 avril 2011 · 0478.079.346

Represented by Stefan Grosjean

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/10/2020
    BENAMING - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office26/09/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/02/2013
    MAATSCHAPPELIJKE ZETEL
    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 2025-623,8 k €↓
  2. 2024
    Annual accounts 2024-449,2 k €↓
  3. 2023
    Annual accounts 202316,3 k €↓
  4. 2022
    Annual accounts 202225,4 k €↑
  5. 2021
    Annual accounts 20212,9 k €↑
  6. 2019
    Annual accounts 201953,6 €↓
  7. 2019
    Name changeSmappee Services
  8. 2018
    Annual accounts 2018339,6 €↑
  9. 2017
    Annual accounts 2017-717,1 €↓
  10. 2016
    Annual accounts 201620,1 k €↑
  11. 2015
    Annual accounts 2015-4,2 k €↓
  12. 2014
    Annual accounts 201479,3 k €↑
  13. 2013
    Annual accounts 201314,1 k €↑
  14. 2012
    Annual accounts 2012-110,8 k €
  15. 2012
    Name changeFUTUREPROOFED-ENERGY
  16. 07/04/2011
    IncorporationPrivate limited company