ACTIVE

Smart Retail Development

Financial year 2025 · closed on 31/03/2025
Net result
306 k €
+4.3% YoY
Gross margin
1,5 M €
-1.7% YoY
Equity
1,2 M €
+9.1% YoY
Workforce
19,7 ETP
+4.8% YoY

What does Smart Retail Development do?

Smart Retail Development is a Public limited company incorporated in 2007. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Zandhoven. It employs on average 19,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0886.754.303
Incorporation
23/01/2007
Legal form
Public limited company
Registered office
Voort 1
2240 Zandhoven · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
31/03/2025
Average workforce
19,7 ETP
Joint committees (2)
  • 1190
  • 20201
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222020201920182017201620152014201320122011201020092008
Income statement
Gross margin1,5 M €1,5 M €1,2 M €1,3 M €138,1 k €80,3 k €96,2 k €72,9 k €90,3 k €75 k €85,1 k €102,4 k €108,6 k €90,1 k €79,4 k €23,1 k €47,1 k €
EBITDA637,8 k €729,7 k €368,8 k €630,1 k €137 k €79,6 k €96 k €72 k €89,2 k €73,8 k €83,9 k €100,7 k €107 k €88,7 k €76,7 k €22,3 k €45,4 k €
Operating result283,1 k €374,7 k €49 k €459,7 k €128,9 k €71,4 k €43,8 k €20,1 k €35,8 k €21,3 k €22,7 k €39,1 k €45,9 k €23,1 k €17,4 k €15,1 k €32,8 k €
Net result306 k €293,3 k €18,5 k €355,4 k €86,3 k €44,7 k €23,7 k €8,1 k €15,9 k €6,9 k €6,1 k €13,1 k €16,1 k €-399,8 €-2 k €7,6 k €17,9 k €
Balance sheet
Equity1,2 M €1,1 M €1 M €999,3 k €256,5 k €170,1 k €125,5 k €101,8 k €93,8 k €77,9 k €71 k €64,9 k €51,8 k €35,6 k €36 k €38 k €30,4 k €
Total assets5,3 M €5,5 M €5,8 M €5,6 M €310,5 k €259,7 k €208,8 k €210,5 k €259,9 k €275,9 k €319,9 k €374,3 k €423,7 k €446,8 k €510,5 k €72,9 k €68,5 k €
Cash2,1 M €380,7 k €1,2 M €1 M €232,2 k €171,5 k €164,4 k €113,1 k €94,8 k €89,3 k €50,5 k €72,9 k €51,4 k €18,8 k €66,4 k €25,3 k €47,2 k €
Debts3,6 M €3,8 M €4,1 M €4,6 M €53,2 k €85,8 k €68,3 k €103,1 k €158,8 k €193,2 k €244,7 k €305,1 k €368 k €407,3 k €474,5 k €34,8 k €38,1 k €
Other
Workforce19,7 ETP18,8 ETP18,7 ETP15,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/03/2025 · 1 active · 7 ended

Active mandates

TABEMARI

Administrator - manager · since 31 octobre 2024 · 0896.414.810

Represented by Nele VERSTRAETE

Active

Ended mandates

Augesco

Director · since 24 juin 2021 · until 24 juin 2027 · 0889.637.181

Represented by Verstraete NELE

Ended
Augesco

Managing director · since 24 juin 2021 · until 23 juin 2027 · 0889.637.181

Represented by Nele Verstraete

Ended
Nele Verstraete

Director · since 01 octobre 2020 · until 24 juin 2021

Ended
Nele Verstraete

Manager · since 23 janvier 2007

Ended
At this address

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Annual accounts

Full financial information

202520242023202220202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/10/202001/10/201901/10/2018
Closing of the financial year31/03/202531/03/202431/03/202331/03/202230/09/202030/09/2019
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date28/11/202530/10/202430/10/202321/11/202230/04/202130/04/2020
General meeting20/09/202521/09/202416/09/202317/09/202220/03/202121/03/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202520/09/202528/11/2025DutchPDF
Abridged model31/03/202421/09/202430/10/2024DutchPDF
Abridged model31/03/202316/09/202330/10/2023DutchPDF
Abridged model31/03/202217/09/202221/11/2022DutchPDF
Abridged model30/09/202020/03/202130/04/2021DutchPDF
Abridged model30/09/201921/03/202030/04/2020DutchPDF
Abridged model30/09/201816/03/201930/04/2019DutchPDF
Abridged model30/09/201717/03/201830/04/2018DutchPDF
Abridged model30/09/201618/03/201729/04/2017DutchPDF
Abridged model30/09/201519/03/201631/03/2016DutchPDF
Abridged model30/09/201421/03/201530/04/2015DutchPDF
Abridged model30/09/201315/03/201429/04/2014DutchPDF
Abridged model30/09/201216/03/201308/05/2013DutchPDF
Abridged model30/09/201117/03/201224/05/2012DutchPDF
Abridged model30/09/201019/03/201131/05/2011DutchPDF
Abridged model30/09/200920/03/201030/04/2010DutchPDF
Abridged model30/09/200821/03/200927/04/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2025 · 1 active · 7 ended

Active mandates

TABEMARI

Administrator - manager · since 31 octobre 2024 · 0896.414.810

Represented by Nele VERSTRAETE

Active

Ended mandates

Augesco

Director · since 24 juin 2021 · until 24 juin 2027 · 0889.637.181

Represented by Verstraete NELE

Ended
Augesco

Managing director · since 24 juin 2021 · until 23 juin 2027 · 0889.637.181

Represented by Nele Verstraete

Ended
Nele Verstraete

Director · since 01 octobre 2020 · until 24 juin 2021

Ended
Nele Verstraete

Manager · since 23 janvier 2007

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office29/05/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/02/2007
    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 2025306 k €
  2. 2024
    Annual accounts 2024293,3 k €
  3. 2023
    Annual accounts 202318,5 k €
  4. 2022
    Annual accounts 2022355,4 k €
  5. 2020
    Annual accounts 202086,3 k €
  6. 2019
    Annual accounts 201944,7 k €
  7. 2018
    Annual accounts 201823,7 k €
  8. 2017
    Annual accounts 20178,1 k €
  9. 2016
    Annual accounts 201615,9 k €
  10. 2015
    Annual accounts 20156,9 k €
  11. 2014
    Annual accounts 20146,1 k €
  12. 2013
    Annual accounts 201313,1 k €
  13. 2012
    Annual accounts 201216,1 k €
  14. 2011
    Annual accounts 2011-399,8 €
  15. 2010
    Annual accounts 2010-2 k €
  16. 2009
    Annual accounts 20097,6 k €
  17. 2008
    Annual accounts 200817,9 k €
  18. 23/01/2007
    IncorporationPublic limited company