ACTIVE

SMARTBLEACH INTERNATIONAL

Financial year 2025 · closed on 31/12/2025
Net result
-18,2 k €
+76.9% YoY
Gross margin
-17,7 k €
+75.6% YoY
Equity
126,7 k €
-12.6% YoY

What does SMARTBLEACH INTERNATIONAL do?

SMARTBLEACH INTERNATIONAL is a Public limited company incorporated in 2005. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Herzele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.001.339
Incorporation
19/12/2005
Legal form
Public limited company
Registered office
Mutsaardstraat 47
9550 Herzele · FlandreSee on map
Contributed capital
1 200 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-17,7 k €-72,4 k €43,7 k €49,8 k €35 k €-6,5 k €-15,7 k €-16,8 k €-17,9 k €-15,6 k €38 k €46,4 k €-70,6 k €-23,9 k €-138,2 k €-39 k €-42,2 k €-35,9 k €
EBITDA-18,3 k €-73 k €43,1 k €21,7 k €-51,5 k €-521,3 €-534,3 €-7,1 k €-16,3 k €-17,4 k €-18,5 k €-15,1 k €-1,5 k €-53,1 k €-79,8 k €-26,5 k €-153,9 k €-104,9 k €-108,5 k €-36,1 k €
Operating result-18,3 k €-80,7 k €45,1 k €15 k €-42,2 k €-757,8 €-534,3 €22,6 k €-4,5 k €-8,9 k €-122,3 k €-58,4 k €-58,5 k €-108,4 k €-125,6 k €-49,2 k €-167,3 k €-107,9 k €-108,5 k €-39,7 k €
Net result-18,2 k €-78,7 k €45,3 k €10,1 k €-43,2 k €-784,1 €-568,3 €22,6 k €-4,6 k €-9 k €-122,1 k €-120,3 k €-59,3 k €-107,6 k €-126,6 k €-48,9 k €-167 k €-106,4 k €-102,5 k €-35,4 k €
Balance sheet
Equity126,7 k €144,9 k €223,6 k €178,3 k €168,2 k €211,4 k €212,2 k €212,7 k €190,2 k €194,7 k €203,7 k €325,8 k €446,2 k €505,5 k €613,1 k €139,7 k €188,7 k €55,7 k €162,1 k €264,6 k €
Total assets132,5 k €151,5 k €242,3 k €458,6 k €336,6 k €211,4 k €212,2 k €226 k €190,2 k €232,6 k €265 k €379,1 k €511,1 k €690,2 k €784,9 k €394,3 k €400,8 k €308,5 k €292 k €531 k €
Cash128,4 k €131,9 k €134,8 k €150,9 k €151,1 k €211,4 k €211,9 k €148,9 k €146,8 k €169,7 k €164,3 k €169,3 k €80 k €181,7 k €281,6 k €77,3 k €218,1 k €19,9 k €135,6 k €266,4 k €
Debts5,8 k €6,6 k €18,7 k €166,7 k €168,5 k €13,3 k €37,9 k €61,3 k €53,3 k €64,9 k €184,7 k €171,8 k €254,6 k €212,1 k €252,8 k €129,9 k €266,4 k €
Other
Workforce0,5 ETP2,0 ETP0,3 ETP0,1 ETP0,8 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

GLOREN

Director · since 22 avril 2026 · until 26 juin 2032 · 0731.935.967

Represented by DOMINIQUE SOETAERT

Active
Medical Holding

Director · since 22 avril 2026 · until 26 juin 2032 · 1009.219.969

Represented by Filip KNEZ

Active
MicroMatic

Director · since 22 avril 2026 · until 26 juin 2032 · 0661.627.892

Represented by Karel KNEZ

Active

Ended mandates

BORGERS CONSULTING

Director · since 01 mai 2023 · until 07 mai 2029 · 0428.177.992

Represented by CARL BORGERS

Ended
GLOREN

Managing director · since 01 mai 2023 · until 07 mai 2029 · 0731.935.967

Represented by DOMINIQUE SOETAERT

Ended
ROBERT GEERTS

Managing director · since 01 mai 2023 · until 07 mai 2029

Ended
Andrea CANGIOLI

Managing director · since 19 décembre 2005 · until 19 décembre 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
0547.696.741
BeMedicoActive
0432.727.589
Annual accounts

Full financial information

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 date28/08/202623/07/202517/07/202408/08/202309/08/202203/08/2021
General meeting28/08/202630/06/202529/06/202401/05/202328/07/202230/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/08/202628/08/2026DutchPDF
Micro model31/12/202430/06/202523/07/2025DutchPDF
Micro model31/12/202329/06/202417/07/2024DutchPDF
Micro model31/12/202201/05/202308/08/2023DutchPDF
Micro model31/12/202128/07/202209/08/2022DutchPDF
Micro model31/12/202030/06/202103/08/2021DutchPDF
Micro model31/12/201904/05/202006/08/2020DutchPDF
Micro model31/12/201806/05/201911/07/2019DutchPDF
Abridged model31/12/201707/05/201824/08/2018DutchPDF
Abridged model31/12/201602/05/201731/08/2017DutchPDF
Abridged model31/12/201502/05/201601/07/2016DutchPDF
Abridged model31/12/201404/05/201530/07/2015DutchPDF
Abridged model31/12/201305/05/201431/07/2014DutchPDF
Abridged model31/12/201206/05/201327/06/2013DutchPDF
Abridged model31/12/201107/05/201224/08/2012DutchPDF
Abridged model31/12/201002/05/201130/06/2011DutchPDF
Abridged model31/12/200903/05/201030/06/2010DutchPDF
Abridged model31/12/200804/05/200918/05/2009DutchPDF
Abridged model31/12/200705/05/200808/05/2008DutchPDF
Abridged modelCorrection31/12/200607/05/200709/08/2007DutchPDF
Abridged model31/12/200607/05/200730/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 active · 23 ended

Active mandates

GLOREN

Director · since 22 avril 2026 · until 26 juin 2032 · 0731.935.967

Represented by DOMINIQUE SOETAERT

Active
Medical Holding

Director · since 22 avril 2026 · until 26 juin 2032 · 1009.219.969

Represented by Filip KNEZ

Active
MicroMatic

Director · since 22 avril 2026 · until 26 juin 2032 · 0661.627.892

Represented by Karel KNEZ

Active

Ended mandates

BORGERS CONSULTING

Director · since 01 mai 2023 · until 07 mai 2029 · 0428.177.992

Represented by CARL BORGERS

Ended
GLOREN

Managing director · since 01 mai 2023 · until 07 mai 2029 · 0731.935.967

Represented by DOMINIQUE SOETAERT

Ended
ROBERT GEERTS

Managing director · since 01 mai 2023 · until 07 mai 2029

Ended
Andrea CANGIOLI

Managing director · since 19 décembre 2005 · until 19 décembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/07/2026
    PDF
  • Mandates16/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares16/11/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares08/10/2009
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/12/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-18,2 k €
  2. 2024
    Annual accounts 2024-78,7 k €
  3. 2023
    Annual accounts 202345,3 k €
  4. 2022
    Annual accounts 202210,1 k €
  5. 2022
    Name changeSBI
  6. 2021
    Annual accounts 2021-43,2 k €
  7. 2020
    Annual accounts 2020-784,1 €
  8. 2019
    Annual accounts 2019-568,3 €
  9. 2018
    Annual accounts 201822,6 k €
  10. 2017
    Annual accounts 2017-4,6 k €
  11. 2016
    Annual accounts 2016-9 k €
  12. 2015
    Annual accounts 2015-122,1 k €
  13. 2014
    Annual accounts 2014-120,3 k €
  14. 2013
    Annual accounts 2013-59,3 k €
  15. 2012
    Annual accounts 2012-107,6 k €
  16. 2011
    Annual accounts 2011-126,6 k €
  17. 2010
    Annual accounts 2010-48,9 k €
  18. 2009
    Annual accounts 2009-167 k €
  19. 2008
    Annual accounts 2008-106,4 k €
  20. 2007
    Annual accounts 2007-102,5 k €
  21. 2006
    Annual accounts 2006-35,4 k €
  22. 2006
    Name changeSMARTBLEACH INTERNATIONAL
  23. 19/12/2005
    IncorporationPublic limited company