ACTIVE

SMARTEL

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Financial year 2025 · closed on 31/12/2025

Net result

75,4 k €

-12.7% YoY

Gross margin

107,2 k €

-15.6% YoY

Equity

298,5 k €

+17.9% YoY

What does SMARTEL do?

SMARTEL is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.941.519

Incorporation

19/06/2006

Legal form

Private limited company

Registered office

Rue des Chardonnerets(BU) 39
5004 Namur · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	107,2 k €	-15.6%	127 k €	+26.4%	100,4 k €	-4.5%	105,2 k €	+414%	20,5 k €	+218%	-17,3 k €	+34.8%	-26,6 k €	-152%	51,2 k €	+15.0%	44,5 k €	+95.8%	22,7 k €	+448%	-6,5 k €	+13.6%	-7,6 k €	-112%	61,1 k €	-38.3%	99 k €	-8.6%	108,3 k €	-22.2%	139,2 k €	+611%	19,6 k €	+231%	-14,9 k €	-177%	19,5 k €
EBITDA	106,3 k €	-15.7%	126,1 k €	+26.6%	99,6 k €	-4.7%	104,5 k €	+431%	19,7 k €	+208%	-18,2 k €	+32.5%	-27 k €	-153%	50,7 k €	+15.7%	43,9 k €	+95.8%	22,4 k €	+268%	-13,3 k €	-54.1%	-8,6 k €	-114%	59,9 k €	-37.8%	96,3 k €	-9.7%	106,7 k €	-23.1%	138,8 k €	+613%	19,5 k €	+230%	-15 k €	-178%	19,4 k €
Operating result	101,1 k €	-15.5%	119,6 k €	+27.3%	93,9 k €	-5.8%	99,7 k €	+619%	13,9 k €	+162%	-22,3 k €	+25.0%	-29,7 k €	-163%	47,3 k €	+15.7%	40,9 k €	+104%	20 k €	+192%	-21,7 k €	+30.0%	-31 k €	-176%	40,6 k €	-51.9%	84,4 k €	-13.2%	97,3 k €	-28.6%	136,2 k €	+684%	17,4 k €	+201%	-17,1 k €	-204%	16,5 k €
Net result	75,4 k €	-12.7%	86,3 k €	+28.6%	67,1 k €	-15.8%	79,7 k €	+488%	13,6 k €	+186%	-15,7 k €	+38.3%	-25,5 k €	-184%	30,4 k €	-2.9%	31,3 k €	+66.3%	18,8 k €	+179%	-23,8 k €	+33.1%	-35,6 k €	-247%	24,2 k €	-59.4%	59,5 k €	-8.5%	65 k €	-23.8%	85,4 k €	+524%	13,7 k €	+173%	-18,7 k €	-267%	11,2 k €
Balance sheet
Equity	298,5 k €	+17.9%	253,1 k €	+31.3%	192,8 k €	+53.4%	125,7 k €	+162%	47,9 k €	+39.5%	34,4 k €	-31.4%	50,1 k €	-33.7%	75,6 k €	+67.1%	45,2 k €	+116%	21 k €	+872%	2,2 k €	-91.7%	26 k €	-57.8%	61,6 k €	+64.7%	37,4 k €	-52.0%	77,8 k €	+508%	12,8 k €	+3.1%	12,4 k €	+1077%	-1,3 k €	-107%	17,4 k €
Total assets	322,3 k €	+12.8%	285,7 k €	+32.9%	214,9 k €	+33.1%	161,5 k €	+131%	69,9 k €	+63.9%	42,7 k €	-32.0%	62,8 k €	-28.9%	88,3 k €	+48.6%	59,5 k €	-10.1%	66,1 k €	-19.6%	82,3 k €	-54.1%	179,4 k €	-7.8%	194,6 k €	-1.8%	198 k €	+66.6%	118,8 k €	-10.8%	133,3 k €	+121%	60,4 k €	+7.6%	56,2 k €	+1.3%	55,4 k €
Cash	109,1 k €	+131%	47,2 k €	+21.9%	38,7 k €	-6.1%	41,3 k €	+62.1%	25,5 k €	+164%	9,6 k €	+135%	4,1 k €	-85.8%	29 k €	+12.1%	25,8 k €	+34.7%	19,2 k €	+7.2%	17,9 k €	+201%	5,9 k €	-86.2%	43,2 k €	+0.2%	43,1 k €	+135%	18,3 k €	-78.8%	86,2 k €	+352%	19,1 k €	-36.6%	30,1 k €		–
Debts	23,8 k €	-27.1%	32,6 k €	+47.3%	22,2 k €	-37.9%	35,7 k €	+62.0%	22 k €	+165%	8,3 k €	-34.6%	12,7 k €	-0.3%	12,7 k €	-10.5%	14,2 k €	-68.5%	45,2 k €	-43.6%	80,1 k €	-47.8%	153,4 k €	+15.3%	133 k €	-17.2%	160,7 k €	+292%	41 k €	-66.0%	120,5 k €	+151%	48 k €	-16.4%	57,4 k €	+51.2%	38 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Laurent VERSCHAEVE

Director

Active

Ended mandates

Sophie RAES

Mandate · since 06 décembre 2012 · until 15 novembre 2015

Ended

Sophie RAES

Mandate · since 06 décembre 2012

Ended

Laurent VERSCHAEVE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ça Bouge au jardin● Active	0802.768.436

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/08/2026	31/08/2025	29/12/2024	30/12/2023	17/08/2022	31/08/2021
General meeting	25/05/2026	26/05/2025	27/05/2024	29/05/2023	09/05/2022	10/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/05/2026	30/08/2026	French	PDF
Micro model	31/12/2024	26/05/2025	31/08/2025	French	PDF
Micro model	31/12/2023	27/05/2024	29/12/2024	French	PDF
Micro model	31/12/2022	29/05/2023	30/12/2023	French	PDF
Micro model	31/12/2021	09/05/2022	17/08/2022	French	PDF
Micro model	31/12/2020	10/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	07/12/2020	11/12/2020	French	PDF
Abridged model	31/12/2018	13/05/2019	29/07/2019	French	PDF
Abridged model	31/12/2017	14/05/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	29/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	French	PDF
Abridged model	31/12/2014	11/05/2015	11/06/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	09/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	17/06/2011	French	PDF
Abridged model	31/12/2009	10/05/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	11/05/2009	04/06/2009	French	PDF
Abridged model	31/12/2007	12/05/2008	03/06/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 ended

Active mandates

Laurent VERSCHAEVE

Director

Active

Ended mandates

Sophie RAES

Mandate · since 06 décembre 2012 · until 15 novembre 2015

Ended

Sophie RAES

Mandate · since 06 décembre 2012

Ended

Laurent VERSCHAEVE

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/09/2022
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office10/04/2017
SIEGE SOCIAL
PDF
Mandates13/01/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office01/06/2015
SIEGE SOCIAL
PDF
Mandates28/01/2014
DEMISSIONS, NOMINATIONS
PDF
Other19/12/2012
OBJET
PDF
Registered office15/10/2007
SIEGE SOCIAL
PDF
Other28/06/2006
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202575,4 k €↓
2024
Annual accounts 202486,3 k €↑
2023
Annual accounts 202367,1 k €↓
2022
Annual accounts 202279,7 k €↑
2021
Annual accounts 202113,6 k €↑
2020
Annual accounts 2020-15,7 k €↑
2019
Annual accounts 2019-25,5 k €↓
2018
Annual accounts 201830,4 k €↓
2017
Annual accounts 201731,3 k €↑
2016
Annual accounts 201618,8 k €↑
2015
Annual accounts 2015-23,8 k €↑
2014
Annual accounts 2014-35,6 k €↓
2013
Annual accounts 201324,2 k €↓
2012
Annual accounts 201259,5 k €↓
2011
Annual accounts 201165 k €↓
2010
Annual accounts 201085,4 k €↑
2009
Annual accounts 200913,7 k €↑
2008
Annual accounts 2008-18,7 k €↓
2007
Annual accounts 200711,2 k €
19/06/2006
IncorporationPrivate 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

SMARTEL

Overview

What does SMARTEL do?

Trend over 19 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