ACTIVE

Smart Management

Financial year 2025 · closed on 31/12/2025
Net result
712,2 k €
+263.7% YoY
Gross margin
995,8 k €
+195.5% YoY
Equity
-57,1 k €
+92.6% YoY
Workforce
2,9 ETP
-75.6% YoY

What does Smart Management do?

Smart Management is a Private limited company incorporated in 2005. Its registered office is in Antwerpen. It employs on average 2,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0876.340.164
Incorporation
29/09/2005
Legal form
Private limited company
Registered office
Belcrownlaan 18A
2100 Antwerpen · FlandreSee on map
Contributed capital
449 900,00 €
Latest accounts
31/12/2025
Average workforce
2,9 ETP
Joint committees (7)
  • 126
  • 12600
  • 126000
  • 12602
  • 12603
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin995,8 k €336,9 k €890,7 k €685,1 k €542,2 k €387,3 k €232,2 k €369,4 k €218,9 k €250,2 k €97,6 k €-85,8 k €424,9 k €362,9 k €317,4 k €349,3 k €326,7 k €368,3 k €285,3 k €148,4 k €
EBITDA827,1 k €-340,3 k €158,8 k €117,2 k €138,3 k €98 k €-64,7 k €65,3 k €-28,7 k €32,7 k €-140,7 k €-551,9 k €141,5 k €114,1 k €-13 k €116,3 k €127,6 k €45 k €103,6 k €7,2 k €
Operating result819,3 k €-370,2 k €123,3 k €87,7 k €119,1 k €83,9 k €-83,5 k €43,7 k €-50,6 k €-13,8 k €-204,5 k €-630,5 k €59,2 k €15,4 k €-129,7 k €30,7 k €49,5 k €-54,1 k €27,6 k €-13,3 k €
Net result712,2 k €-435,1 k €22,2 k €12,5 k €82,2 k €58,3 k €35,7 k €-10,9 k €-60,8 k €-17,5 k €38,1 k €-662,6 k €10,1 k €128 €-180,4 k €-32,7 k €1,5 k €-67,8 k €10 k €-21,9 k €
Balance sheet
Equity-57,1 k €-769,2 k €-334,1 k €-356,3 k €-368,8 k €-450,9 k €-509,2 k €-544,8 k €-533,9 k €-473,2 k €-455,7 k €-493,8 k €168,8 k €158,6 k €158,5 k €73,6 k €10,3 k €8,9 k €76,7 k €16,7 k €
Total assets1,9 M €1,8 M €1,6 M €1,4 M €1,1 M €740,3 k €632,8 k €654,9 k €464,3 k €315,8 k €258,6 k €383,8 k €766,8 k €756,9 k €917,5 k €888,6 k €741,9 k €770,2 k €771,6 k €347,2 k €
Cash169,6 k €25,8 k €100,6 k €12,8 k €55,8 k €1,8 k €2,2 k €34,1 k €1,8 k €43,4 k €13,7 k €3 k €28,5 k €13,8 k €23,5 k €6,1 k €2,8 k €767 €485 €21 k €
Debts1,9 M €2,5 M €1,9 M €1,8 M €1,4 M €1,1 M €1,1 M €1,1 M €959,3 k €775,3 k €698,5 k €804,6 k €563,9 k €544,2 k €697,5 k €799,2 k €728,4 k €755,2 k €694,9 k €330,5 k €
Other
Workforce2,9 ETP11,9 ETP13,1 ETP11,7 ETP9,2 ETP7,6 ETP5,7 ETP9,5 ETP5,7 ETP5,8 ETP6,9 ETP6,4 ETP5,3 ETP8,5 ETP5,3 ETP3,9 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 · 1 active · 4 ended

Active mandates

Yves Pauwels

Director · since 26 septembre 2005

Active

Ended mandates

Serge PAUWELS

Manager · until 17 mars 2015

Ended
Serge PAUWELS

Manager

Ended
Yves PAUWELS

Director

Ended
Yves PAUWELS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0542.496.155
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 date31/07/202613/10/202511/10/202430/11/202329/08/202231/08/2021
General meeting30/06/202608/10/202503/10/202416/06/202317/06/202218/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202408/10/202513/10/2025DutchPDF
Abridged model31/12/202303/10/202411/10/2024DutchPDF
Abridged model31/12/202216/06/202330/11/2023DutchPDF
Abridged model31/12/202117/06/202229/08/2022DutchPDF
Abridged model31/12/202018/06/202131/08/2021DutchPDF
Micro model31/12/201928/08/202002/12/2020DutchPDF
Micro model31/12/201821/06/201925/11/2019DutchPDF
Micro model31/12/201715/06/201801/10/2018DutchPDF
Micro model31/12/201616/06/201726/09/2017DutchPDF
Abridged model31/12/201517/06/201631/08/2016DutchPDF
Abridged model31/12/201419/06/201531/08/2015DutchPDF
Abridged model31/12/201331/07/201431/08/2014DutchPDF
Abridged model31/12/201206/03/201306/03/2013DutchPDF
Abridged model31/12/201115/06/201225/09/2012DutchPDF
Abridged model31/12/201021/04/201126/04/2011DutchPDF
Abridged model31/12/200910/05/201012/05/2010DutchPDF
Abridged model31/12/200819/06/200920/07/2009DutchPDF
Abridged model31/12/200720/06/200814/08/2008DutchPDF
Abridged model31/12/200615/06/200713/08/2007DutchPDF
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 · 1 active · 4 ended

Active mandates

Yves Pauwels

Director · since 26 septembre 2005

Active

Ended mandates

Serge PAUWELS

Manager · until 17 mars 2015

Ended
Serge PAUWELS

Manager

Ended
Yves PAUWELS

Director

Ended
Yves PAUWELS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL
    PDF
  • Other16/03/2017
    BENAMING
    PDF
  • Mandates30/03/2015
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/04/2011
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares25/01/2010
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares09/10/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office15/01/2007
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/10/2006
    KAPITAAL - AANDELEN - DOEL - 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

Timeline

  1. 2025
    Annual accounts 2025712,2 k €
  2. 2024
    Annual accounts 2024-435,1 k €
  3. 2024
    Name changeSmart Management
  4. 2023
    Annual accounts 202322,2 k €
  5. 2022
    Annual accounts 202212,5 k €
  6. 2021
    Annual accounts 202182,2 k €
  7. 2021
    Name changeSmart Interior
  8. 2020
    Annual accounts 202058,3 k €
  9. 2019
    Annual accounts 201935,7 k €
  10. 2018
    Annual accounts 2018-10,9 k €
  11. 2017
    Annual accounts 2017-60,8 k €
  12. 2016
    Annual accounts 2016-17,5 k €
  13. 2015
    Annual accounts 201538,1 k €
  14. 2014
    Annual accounts 2014-662,6 k €
  15. 2013
    Annual accounts 201310,1 k €
  16. 2012
    Annual accounts 2012128 €
  17. 2011
    Annual accounts 2011-180,4 k €
  18. 2010
    Annual accounts 2010-32,7 k €
  19. 2009
    Annual accounts 20091,5 k €
  20. 2008
    Annual accounts 2008-67,8 k €
  21. 2007
    Annual accounts 200710 k €
  22. 2006
    Annual accounts 2006-21,9 k €
  23. 29/09/2005
    IncorporationPrivate limited company