ACTIVE

SMARD

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Financial year 2025 · Closed on 31/12/2025

Net result216,9 k €+75,3 %over 1 year
Gross margin329,6 k €+65,8 %over 1 year
Equity751,8 k €+22,4 %over 1 year

Identity

Source · BCE/KBO

SMARD is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0839.426.320
Incorporation
20/09/2011
Legal form
Private limited company
Registered office
Tondelierlaan 17 box 401
9000 Gent · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin329,6 k €198,8 k €204 k €189,9 k €150,9 k €
EBITDA326,4 k €195,3 k €200,5 k €186,5 k €146,8 k €
Operating result304,8 k €174,4 k €181,4 k €162 k €91,1 k €
Net result216,9 k €123,8 k €128,2 k €113,2 k €57,4 k €
Balance sheet
Equity751,8 k €614,2 k €571,5 k €512,4 k €622,1 k €
Total assets867,7 k €670,6 k €608,8 k €555,4 k €1 M €
Cash572,3 k €148 k €251,2 k €301 k €280,4 k €
Debts114,7 k €56,2 k €37,2 k €42,6 k €401,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
An De Mulder
Managersince 15/09/2011Director15/09/2011 → 2023 accountsended

Other companies at this address

Tondelierlaan 17 9000 Gent
CompanyCBE no.
EIGHTYONE● Active
0500.800.112

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/06/202602/07/202501/07/202401/09/202320/07/202231/08/2021
General meeting26/06/202627/06/202514/06/202431/08/202324/06/202204/06/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202427/06/202502/07/2025DutchPDF
Micro model31/12/202314/06/202401/07/2024DutchPDF
Micro model31/12/202231/08/202301/09/2023DutchPDF
Micro model31/12/202124/06/202220/07/2022DutchPDF
Micro model31/12/202004/06/202131/08/2021DutchPDF
Micro model31/12/201905/06/202023/09/2020DutchPDF
Micro model31/12/201807/06/201930/08/2019DutchPDF
Micro model31/12/201701/06/201831/08/2018DutchPDF
Micro model31/12/201623/06/201704/07/2017DutchPDF
Abridged model31/12/201524/06/201604/07/2016DutchPDF
Abridged model31/12/201405/06/201524/08/2015DutchPDF
Abridged model31/12/201306/06/201427/08/2014DutchPDF
Abridged model31/12/201207/06/201327/06/2013DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
An De Mulder
Managersince 15/09/2011Director15/09/2011 → 2023 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/01/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/01/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office07/04/2016
    Zetelverplaatsing
    PDF
  • Other30/09/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
An De Mulder
2011201220132014201520162017201820192020202120222023202420252026
SMARD
Tondelierlaan 17 bte 401, 9000 GentTondelierlaan 17/401, 9000 Gent
ManagerDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Tondelierlaan 17 bte 401, 9000 GentCurrent
accounts 2025
Accounts 2025 · 2026-00220728
Tondelierlaan 17/401, 9000 Gent
accounts 2021 → 2024
Accounts 2024 · 2025-00216570

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SMARDCurrent
accounts 2012 → 2025
Accounts 2025 · 2026-00220728

Events

  1. 2025
    Annual accounts 2025216,9 k €↑
  2. 2024
    Annual accounts 2024123,8 k €↓
  3. 2023
    Annual accounts 2023128,2 k €↑
  4. 2022
    Annual accounts 2022113,2 k €↑
  5. 2021
    Annual accounts 202157,4 k €↓
  6. 2019
    Annual accounts 201979,3 k €↓
  7. 2018
    Annual accounts 201881,1 k €↑
  8. 2017
    Annual accounts 201768,3 k €↓
  9. 2016
    Annual accounts 201693,9 k €↑
  10. 2015
    Annual accounts 201580 k €↑
  11. 2014
    Annual accounts 20143 k €↓
  12. 2013
    Annual accounts 201372,8 k €↑
  13. 2012
    Annual accounts 2012-35,4 k €
  14. 20/09/2011
    IncorporationPrivate limited company