ACTIVE

Smappee

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Financial year 2025 · closed on 31/12/2025

Net result

-3,3 M €

-275.2% YoY

Revenue

31,1 M €

-13.1% YoY

Equity

14,6 M €

-18.3% YoY

Workforce

95,5 ETP

+25.8% YoY

What does Smappee do?

Smappee is a Public limited company incorporated in 2012. Its registered office is in Harelbeke. It employs on average 95,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0849.366.642

Incorporation

05/10/2012

Legal form

Public limited company

Registered office

Evolis 104
8530 Harelbeke · FlandreSee on map

Contributed capital

12 500 000,00 €

Latest accounts

31/12/2025

Average workforce

95,5 ETP

Joint committees (4)

100
14901
200
218

Contacts

3 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	31,1 M €	-13.1%	35,8 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	2,4 M €	-52.7%	5,1 M €	-39.4%	8,4 M €	+28.5%	6,6 M €	+494%	1,1 M €	+204%	363 k €	-78.1%	1,7 M €	+320%	-754,8 k €	-231%	577 k €	+6401%	8,9 k €	+113%	-67,4 k €	+92.0%	-841,4 k €
Operating result	-1,8 M €	-179%	2,2 M €	-66.4%	6,7 M €	+29.6%	5,1 M €	+353572%	1,5 k €	+100%	-867 k €	-320%	394,7 k €	+120%	-2 M €	-125%	-884,7 k €	+14.9%	-1 M €	-68.3%	-617,7 k €	+28.8%	-867,6 k €
Net result	-3,3 M €	-275%	1,9 M €	-67.1%	5,7 M €	+25.6%	4,5 M €	+11674%	38,4 k €	+106%	-672,8 k €	-308%	323,7 k €	+115%	-2,1 M €	-119%	-957,4 k €	+19.8%	-1,2 M €	-88.3%	-633,8 k €	+27.0%	-868,1 k €
Balance sheet
Equity	14,6 M €	-18.3%	17,9 M €	+11.7%	16 M €	+55.0%	10,3 M €	+77.9%	5,8 M €	-9.3%	6,4 M €	-9.5%	7,1 M €	+305%	1,7 M €	+29.6%	1,3 M €	-41.5%	2,3 M €	+131%	998,1 k €	+657%	131,9 k €
Total assets	28,6 M €	-3.6%	29,7 M €	+8.6%	27,3 M €	+20.8%	22,6 M €	+107%	10,9 M €	+60.3%	6,8 M €	-19.9%	8,5 M €	+122%	3,8 M €	+52.9%	2,5 M €	-3.8%	2,6 M €	+57.1%	1,7 M €	+586%	241,7 k €
Cash	3 M €	+85.7%	1,6 M €	-42.9%	2,8 M €	+126%	1,2 M €	+395%	251,3 k €	+6.5%	236 k €	-85.4%	1,6 M €	+211%	519,1 k €	+243%	151,1 k €	-68.5%	480,3 k €	+140%	200 k €	+521%	32,2 k €
Debts	13,1 M €	+25.9%	10,4 M €	-4.1%	10,8 M €	-8.1%	11,8 M €	+131%	5,1 M €	+1367%	347,4 k €	-75.9%	1,4 M €	-29.4%	2 M €	+75.7%	1,2 M €	+285%	301,7 k €	-54.3%	659,7 k €	+501%	109,8 k €
Other
Workforce	95,5 ETP	+25.8%	75,9 ETP	+52.7%	49,7 ETP	+48.8%	33,4 ETP	+42.7%	23,4 ETP	+14.7%	20,4 ETP	-2.9%	21,0 ETP	+41.9%	14,8 ETP	+143%	6,1 ETP	+74.3%	3,5 ETP	+20.7%	2,9 ETP	+93.3%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Smappee Group

Director · since 01 janvier 2026 · 1022.538.267

Represented by Stefan Grosjean

Active

XVENT

Director · since 22 septembre 2020 · until 01 janvier 2026 · 0478.079.346

Represented by Stefan Grosjean

Active

Ended mandates

XVENT

Director · since 28 août 2020 · until 06 mai 2025 · 0478.079.346

Represented by Grosjean STEFAN

Ended

XVENT

Director · since 28 août 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended

XVENT

Director · since 28 août 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended

CONSULTHINK

Director · since 05 octobre 2012 · until 02 mai 2018 · 0848.260.941

Represented by Hans Delabie

Ended

At this address

Other companies at this address

Company	CBE no.
Administratiekantoor Smappee● Active	0787.979.993
Get Driven● Active	0873.372.459
Smappee Group● Active	1022.538.267
SMAPPEE SERVICES● Active	0835.376.866
SNOWBALL● Active	0406.800.974

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2026	14/07/2025	07/06/2024	18/07/2023	09/08/2022	28/06/2021
General meeting	09/07/2026	14/07/2025	07/05/2024	16/06/2023	15/06/2022	04/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/07/2026	10/07/2026	Dutch	PDF
Full model	31/12/2024	14/07/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/05/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	09/08/2022	Dutch	PDF
Abridged model	31/12/2020	04/05/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	01/09/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	07/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/05/2015	11/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/05/2014	29/08/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 16 ended

Active mandates

Smappee Group

Director · since 01 janvier 2026 · 1022.538.267

Represented by Stefan Grosjean

Active

XVENT

Director · since 22 septembre 2020 · until 01 janvier 2026 · 0478.079.346

Represented by Stefan Grosjean

Active

Ended mandates

XVENT

Director · since 28 août 2020 · until 06 mai 2025 · 0478.079.346

Represented by Grosjean STEFAN

Ended

XVENT

Director · since 28 août 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended

XVENT

Director · since 28 août 2020 · 0478.079.346

Represented by Grosjean STEFAN

Ended

CONSULTHINK

Director · since 05 octobre 2012 · until 02 mai 2018 · 0848.260.941

Represented by Hans Delabie

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/07/2022
KAPITAAL - AANDELEN
PDF
Mandates01/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-3,3 M €↓
2024
Annual accounts 20241,9 M €↓
2023
Annual accounts 20235,7 M €↑
2022
Annual accounts 20224,5 M €↑
2021
Annual accounts 202138,4 k €↑
2019
Annual accounts 2019-672,8 k €↓
2018
Annual accounts 2018323,7 k €↑
2017
Annual accounts 2017-2,1 M €↓
2016
Annual accounts 2016-957,4 k €↑
2015
Annual accounts 2015-1,2 M €↓
2014
Annual accounts 2014-633,8 k €↑
2013
Annual accounts 2013-868,1 k €
05/10/2012
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Smappee

Overview

What does Smappee do?

Trend over 12 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline