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SMARTMAT

Active
Public limited companyfounded 201114 yrs activeDok-Noord 6, 9000 Gent, BelgiumKBO/BCE: BE 0841.142.626
Summary

The computed 12-month bankruptcy probability of SMARTMAT is 1.5% (moderate). The 2024 annual accounts show equity of €9.02M and a net result of €1.96M. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 76% of 6537 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-3
Solvency84▲+7
Growth85▲+4
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.29 in 2023; short-term debt: 34.1% and cash: 38.9% of total assets), and 41.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
58.7%
Return on assets
12.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
35 d early
2022
28 d early
2021
13 d early
2020
11 d early
2019
25 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€50.38M▲ 36.7%
2023 · €36.87M
2021: €27.36M 2022: €29.66M 2023: €36.87M
2021 → 2024
EBIT margin
6.2%▼ 0.6pp
2023 · 6.7%
2021: 11.0% 2022: -3.9% 2023: 6.7%
2021 → 2024
Net result
€1.96M▲ 11.5%
2023 · €1.76M
2018: €-893k 2019: €-1.10M 2020: €1.30M 2021: €2.04M 2022: €-1.54M 2023: €1.76M
2018 → 2024
Working capital
€4.46M▲ 197%
2023 · €1.50M
2018: €622k 2019: €-311k 2020: €1.52M 2021: €244k 2022: €447k 2023: €1.50M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€27.36M€29.66M▲ 8.4%€36.87M▲ 24.3%€50.38M▲ 36.7%
Equity€4.84M-€6.88M▲ 42.1%€5.34M▼ 22.4%€7.10M▲ 33.0%€9.02M▲ 27.1%
Operating result€1.52M-€3.00M▲ 98.0%€-1.15M€2.49M€3.11M▲ 24.9%
Net result€1.30M-€2.04M▲ 56.8%€-1.54M€1.76M€1.96M▲ 11.5%
Result per fiscal year
Operating resultNet result
€-2.00M€0€2.00M€4.00MOperating result 2020: €1.52M€1.52MNet result 2020: €1.30M€1.30MOperating result 2021: €3.00M€3.00MNet result 2021: €2.04M€2.04MOperating result 2022: €-1.15M€-1.15MNet result 2022: €-1.54M€-1.54MOperating result 2023: €2.49M€2.49MNet result 2023: €1.76M€1.76MOperating result 2024: €3.11M€3.11MNet result 2024: €1.96M€1.96M20202021202220232024€-2M€0€2M€4MOperating result 2022: €-1.15M€-1.2MNet result 2022: €-1.54M€-1.5MOperating result 2023: €2.49M€2.5MNet result 2023: €1.76M€1.8MOperating result 2024: €3.11M€3.1MNet result 2024: €1.96M€2M202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15.37M
Fixed assets €5.66M ▼ 19.1%
Current assets €9.70M ▲ 44.5%
Equity and liabilities €15.37M
Equity €9.02M ▲ 27.1%
Provisions €200k
Debt €6.15M ▼ 7.1%
Debt's share of the balance-sheet total falls from 48.2% to 40.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4.98M
2023 · €4.43M
Cash flow
€3.84M
2023 · €3.70M
Current ratio
1.85
2023 · 1.29
Quick ratio
1.83
2023 · 1.27
Debt to equity
0.68
2023 · 0.93
ROE
21.7%
2023 · 24.8%
ROA
12.8%
2023 · 12.8%
Interest coverage
166.35
2023 · 90.69
Debt ≤ 1 year
€5.24M
2023 · €5.21M
Debt > 1 year
€451k
2023 · €636k
Income taxes
€956k
2023 · €485k
Staff costs
€2.53M
2023 · €2.42M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 89 lines
Balance sheet Code20232024
Assets
Total assets20/58€13.71M€15.37M
Fixed assets21/28€7.00M€5.66M
Intangible fixed assets21€4.80M€3.46M
Tangible fixed assets22/27€2.19M€2.20M
Plant, machinery and equipment23€45k€48k
Furniture and vehicles24€1.19M€1.48M
Leasing and similar rights25€698k€464k
Other tangible fixed assets26€254k€208k
Financial fixed assets28€10k€4k
Other financial fixed assets284/8€10k€4k
Amounts receivable and cash guarantees285/8€10k€4k
Current assets29/58€6.71M€9.70M
Stocks and contracts in progress3€90k€85k
Stocks30/36€90k€85k
Goods purchased for resale34€90k€85k
Amounts receivable within one year40/41€1.23M€957k
Trade receivables40€691k€245k
Other amounts receivable41€541k€712k
Current investments50/53€1.35M€2.54M
Other investments51/53€1.35M€2.54M
Cash at bank and in hand54/58€3.88M€5.98M
Deferred charges and accrued income490/1€164k€148k
Equity and liabilities
Total equity and liabilities10/49€13.71M€15.37M
Equity10/15€7.10M€9.02M
Contributions10/11€5.94M€5.94M=
Capital10€5.94M€5.94M=
Issued capital100€5.94M€5.94M=
Reserves13€109k€207k
Non-distributable reserves130/1€109k€207k
Legal reserve130€109k€207k
Profit (loss) carried forward14€1.04M€2.87M
Provisions and deferred taxes16-€200k
Provisions for liabilities and charges160/5-€200k
Other liabilities and charges164/5-€200k
Amounts payable17/49€6.62M€6.15M
Amounts payable after more than one year17€636k€451k
Financial debts170/4€636k€451k
Leasing and similar obligations172€636k€451k
Credit institutions173€0-
Amounts payable within one year42/48€5.21M€5.24M
Current portion of amounts payable after more than one year42€646k€184k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€4.31M€4.21M
Suppliers440/4€4.31M€4.21M
Advances received on contracts in progress46-€513k
Taxes, remuneration and social security45€256k€300k
Taxes450/3€4k€30k
Remuneration and social security454/9€252k€270k
Other amounts payable47/48-€41k
Accrued charges and deferred income492/3€767k€452k
Income statement Code20232024
Operating income70/76A€37.07M€50.53M
Turnover70€36.87M€50.38M
Other operating income74€179k€131k
Non-recurring operating income76A€20k€16k
Operating charges60/66A€34.58M€47.42M
Goods for resale, raw materials and consumables60€19.21M€25.69M
Purchases600/8€19.16M€25.69M
Change in stocks: decrease (increase)609€49k€5k
Services and other goods61€10.54M€15.81M
Remuneration, social security and pensions62€2.42M€2.53M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.94M€1.87M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€81k€217k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€200k
Other operating charges640/8€21k€23k
Non-recurring operating charges66A€365k€1.08M
Operating profit (loss)9901€2.49M€3.11M
Financial income75/76B€2k€66k
Recurring financial income75€2k€66k
Income from current assets751€1k€64k
Other financial income752/9€879€2k
Financial charges65/66B€243k€255k
Recurring financial charges65€243k€255k
Debt charges650€49k€30k
Other financial charges652/9€195k€225k
Profit (loss) for the period before taxes9903€2.24M€2.92M
Income taxes67/77€485k€956k
Taxes670/3€485k€956k
Profit (loss) for the period9904€1.76M€1.96M
Profit (loss) for the period to be appropriated9905€1.76M€1.96M
Appropriation of the result
Profit (loss) to be appropriated9906€1.10M€3.01M
Profit (loss) brought forward from the previous period14P€-660k€1.04M
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€55k€98k
To the legal reserve6920€55k€98k
Profit to be distributed694/7-€38k
Employees696-€38k
Social balance
Average headcount (FTE)908748.242.1

The notes to these accounts (88 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
03-06
State Gazette act Resignations: Jessie Maras (director) and Fasten Belts (director)
Reappointment: Jessie Maras (director) · Director discharge · Power of attorney8 facts ▸
  • General meeting, 30-04-2026
  • Director resignation, Jessie Maras (director)
  • Director resignation, Fasten Belts (director)
  • Director discharge, Fasten Belts (director)
  • Director reappointment, Jessie Maras (director)
  • Power of attorney, Karine Wauters
  • Power of attorney, Lowie Dekrem
  • Power of attorney, Juna Jacquemin
2025
16-10
State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Eef Naessens3 facts ▸
  • General meeting, 20-06-2025
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Eef Naessens
22-07
State Gazette act Resignations: SLOWGOOSE BV, KORYS INVESTMENTS NV and 2 others
Permanent representatives: Anders Åsarby, Vincent DeSmet and 2 others · Appointments: FASTEN BELTS BV (director) and Jessie Maras (director) · Director discharge19 facts ▸
  • General meeting, 22-04-2025
  • Director resignation, SLOWGOOSE BV (director)
  • Permanent representative, Anders Åsarby
  • Director resignation, KORYS INVESTMENTS NV (director)
  • Permanent representative, Vincent DeSmet
  • Director resignation, KORYS MANAGEMENT NV (director)
  • Permanent representative, Katti Van'Oosterwijck
  • Director resignation, FASTEN BELTS BV (director)
  • Permanent representative, Stéphane Ronse
  • Director discharge, SLOWGOOSE BV
  • Director discharge, KORYS INVESTMENTS NV
  • Director discharge, KORYS MANAGEMENT NV
  • +7 further facts in this act
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
15-05
State Gazette act Statutes amendment
Capital7 facts ▸
  • General meeting, 08-05-2025
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Capital, €5.942.541,79
  • General meeting, 2026-09-02 14:30 (gewone algemene vergadering over jaarrekening afgesloten per 31/3/2026)
12-02
State Gazette act Purpose · Statutes amendment
Purpose change · Statutes amendment · Power of attorney5 facts ▸
  • General meeting, 30-01-2025
  • Board meeting, 21-01-2025
  • Purpose change, De vennootschap heeft tot voorwerp: 1. Alle activiteiten van management en consultancy... 10. Door middel van haar bedrijfsvoering en activiteiten een reële pos…
  • Statutes amendment
  • Power of attorney, Bv Persona Accountants
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
23-01
State Gazette act Permanent representative: Stéphane Ronse
Registered-office move3 facts ▸
  • Board meeting, 29-09-2023
  • Registered-office move, Dok-Noord 6, 9000 Gent
  • Permanent representative, Stéphane Ronse
2023
31-12
Financial Back to profitnet €1.76M
Net result €1.76M after one loss-making year.
01-12
State Gazette act Permanent representatives: Hennie Herijgers and Marlies Poifliet
2 facts ▸
  • Permanent representative, Hennie Herijgers
  • Permanent representative, Marlies Poifliet
03-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-1.54M ▼176%
Net result drops to €-1.54M, the lowest in the series; recovery starts the following year.
Show earlier events
05-10
State Gazette act Appointment: BDO Bedrijfsrevisoren (statutory auditor)
Permanent representative: Hennie Herijgers3 facts ▸
  • General meeting, 13-07-2022
  • Auditor appointment, BDO Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Hennie Herijgers
09-08
State Gazette act Registered office · Purpose · Restructuring
Merger · Dissolution · Power of attorney6 facts ▸
  • General meeting, 29-06-2022
  • Merger, fusion par absorption, 29-06-2022
  • Dissolution, 29-06-2022
  • Power of attorney, PERSONA ACCOUNTANTS bv
  • Purpose change, toevoeging van een 9de punt in artikel 3 van de statuten: "9. De verkoop van bier en alle alcoholische dranken en aanverwante artikelen."
  • Registered-office move, 9000 Gent, Dok-Noord 4 E
18-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
27-05
State Gazette act Restructuring · Miscellaneous
Merger · Accounting effect2 facts ▸
  • Merger, geruisloze fusie door overneming
  • Accounting effect, 02-06-2022
19-04
State Gazette act Resignation: Thomas De Kempeneer (permanent representative)
Appointment: Katti Van Oosterwijck (permanent representative) · Permanent representative: Katti Van Oosterwijck4 facts ▸
  • Board meeting, 22-03-2022
  • Director resignation, Thomas De Kempeneer (permanent representative)
  • Director appointment, Katti Van Oosterwijck (permanent representative)
  • Permanent representative, Katti Van Oosterwijck
14-02
State Gazette act Resignations: SLOWFOX, GELDOF PHILIPPE and 4 others
Appointments: Fasten Belts, SLOWFOX and 4 others · Purpose change · Statutes amendment28 facts ▸
  • General meeting, 03-02-2022
  • Purpose change, Alle activiteiten van management en consultancy, waaronder het uitoefenen van managementactiviteiten voor andere personen, hetzij rechtspersonen, dan wel natuur…
  • Statutes amendment
  • Capital, €5.942.541,79
  • Director resignation, SLOWFOX (director)
  • Director resignation, GELDOF PHILIPPE (director)
  • Director resignation, Fasten Belts (director)
  • Director resignation, Korys Management (director)
  • Director resignation, Korys Investments (director)
  • Director resignation, Korys Business Services I (director)
  • Director discharge, SLOWFOX
  • Director discharge, GELDOF PHILIPPE
  • +16 further facts in this act
2021
31-12
Financial Highest result since 2018net €2.04M ▲56.8%
Net result €2.04M, the highest in the series.
31-12
Financial Equity above €5MEq €6.88M ▲42.1%
2 profitable years in a row build equity to €6.88M.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
08-02
State Gazette act Resignation: SLOWFOX (managing director)
Permanent representatives: Anders Asarby and Stéphane Ronse · Appointment: Fasten Belts (managing director)6 facts ▸
  • Board meeting, 16-12-2020
  • Director resignation, SLOWFOX (managing director)
  • Permanent representative, Anders Asarby
  • Board composition, SLOWFOX (director)
  • Permanent representative, Stéphane Ronse
  • Director appointment, Fasten Belts (managing director)
2020
31-12
Financial Back to profitnet €1.30M
Net result €1.30M after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.63
Current ratio from 0.78 to 1.63.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
07-02
State Gazette act Permanent representative: Katti Van Oosterwijck
Resignation: Thomas De Kempeneer (permanent representative)2 facts ▸
  • Permanent representative, Katti Van Oosterwijck
  • Director resignation, Thomas De Kempeneer (permanent representative)
2019
30-08
State Gazette act Restructuring
Permanent representatives: LIEKENS Cedric Paul Glenn Camille Jeff and DE SMET Vincent Camille · Merger · Dissolution7 facts ▸
  • General meeting, 09-08-2019
  • Merger, fusion by absorption, vereniging van alle aandelen in één hand
  • Dissolution, 09-08-2019
  • Accounting effect, 01-01-2019
  • Power of attorney, RONSE Stéphane
  • Permanent representative, LIEKENS Cedric Paul Glenn Camille Jeff
  • Permanent representative, DE SMET Vincent Camille
05-07
State Gazette act Restructuring
Merger · Accounting effect2 facts ▸
  • Merger, absorption
  • Accounting effect, 01-01-2019
04-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-08
State Gazette act Appointments: Slowfox BVBA, Fasten Belts VOF and Korys Investments NV
Permanent representatives: Anders Åsarby, Stéphane Ronse and Cedric Liekens7 facts ▸
  • Board meeting, 12-07-2018
  • Director appointment, Slowfox BVBA (managing director)
  • Permanent representative, Anders Åsarby
  • Director appointment, Fasten Belts VOF (managing director)
  • Permanent representative, Stéphane Ronse
  • Director appointment, Korys Investments NV (chair of the board)
  • Permanent representative, Cedric Liekens
20-07
State Gazette act Resignations: KORYS MANAGEMENT, KORYS INVESTMENTS and 2 others
Appointments: KORYS MANAGEMENT, KORYS INVESTMENTS and 4 others · Permanent representatives: DE KEMPENEER Thomas Jan François Germaine, LIEKENS Cedric Paul Glenn Camille Jeff and 3 others · Statutes amendment25 facts ▸
  • General meeting, 12-07-2018
  • Statutes amendment
  • Capital increase, €2.375.340
  • Capital, €4.745.340
  • Capital increase, €1.197.201,79
  • Capital, €5.942.541,79
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment, 28
  • Director resignation, KORYS MANAGEMENT (director)
  • Director resignation, KORYS INVESTMENTS (director)
  • Director resignation, SLOWFOX (director)
  • +13 further facts in this act
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
06-07
State Gazette act Permanent representative: Anders Asarby
Registered-office move3 facts ▸
  • Board meeting, 15-05-2017
  • Registered-office move, Regine Beerplein 1 bus 207, 2018 Antwerpen
  • Permanent representative, Anders Asarby
2016
05-12
State Gazette act Restructuring
Merger · Dissolution · Accounting effect8 facts ▸
  • General meeting, 17-11-2016
  • Merger, fusion by association of all shares in one hand, 19-08-2016
  • Dissolution, 01-01-2017
  • Accounting effect, 01-01-2017
  • Name change, SMARTMAT
  • Power of attorney, KALUZA Vicki
  • Power of attorney, VAN ISTERDAEL Jenna
  • Power of attorney
30-09
State Gazette act Restructuring
Appointments: Dham NV (chair of the board) and Slowfox BVBA (managing director) · Permanent representatives: Cedric Liekens and Anders Åsarby · Merger8 facts ▸
  • Board meeting, 19-08-2016
  • Merger, 19-08-2016
  • Share transfer, Dinnerpeace International AB → DA MANAGEMENT
  • Accounting effect, 01-01-2016
  • Director appointment, Dham NV (chair of the board)
  • Permanent representative, Cedric Liekens
  • Director appointment, Slowfox BVBA (managing director)
  • Permanent representative, Anders Åsarby
28-09
State Gazette act Resignations: SLOWFOX (manager) and GELDOF PHILIPPE (manager)
Appointments: Korys Management, DHAM and 2 others · Permanent representatives: DE KEMPENEER Thomas Jan François Germaine, LIEKENS Cedric Paul Glenn Camille Jeff and 2 others · Capital increase22 facts ▸
  • General meeting, 19-08-2016
  • Capital increase, €72.000
  • Capital increase, €2.178.000
  • Capital, €2.370.000
  • Legal-form conversion, naamloze vennootschap
  • Net-asset statement, 30-06-2016
  • Director resignation, SLOWFOX (manager)
  • Director resignation, GELDOF PHILIPPE (manager)
  • Registered-office move, 2000 Antwerpen, Timmerwerfstraat 40
  • Statutes amendment
  • Director appointment, Korys Management (klasse c bestuurder)
  • Permanent representative, DE KEMPENEER Thomas Jan François Germaine
  • +10 further facts in this act
15-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-01
State Gazette act Resignation: Dirk De Maeyer (manager)
Appointments: SLOWFOX BVBA (manager) and GELDOF PHILIPPE BVBA (manager) · Permanent representatives: Anders Asarby and Philippe Geldof · Registered-office move7 facts ▸
  • General meeting, 18-12-2014
  • Director resignation, Dirk De Maeyer (manager)
  • Director appointment, SLOWFOX BVBA (manager)
  • Permanent representative, Anders Asarby
  • Director appointment, GELDOF PHILIPPE BVBA (manager)
  • Permanent representative, Philippe Geldof
  • Registered-office move, Verbrandendijk 24 - 2070 Zwijndrecht
2011
30-11
State Gazette act Incorporation
Appointment: DE MAEYER Dirk Urbanus Elisa (statutory manager) · Permanent representative: ASARBY Anders · Founder9 facts ▸
  • Incorporation, 15-11-2011
  • Founder, ASARBY Anders
  • Founder, DE MAEYER Dirk Urbanus Elisa
  • Founding capital, €120.000
  • Director appointment, DE MAEYER Dirk Urbanus Elisa (statutory manager)
  • Mandate compensation, DE MAEYER Dirk Urbanus Elisa
  • Permanent representative, ASARBY Anders
  • Power of attorney, ANSOMS ACCOUNTING
  • Capital contribution declaration, Intekening geschiedt met gelden die hem eigen zijn ingevolge de terugwerkende kracht van de thans hangende echtscheiding tussen hem en zijn echtgenote; verklari…
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
16 directors, no change since 2026
Jessie Maras
Director · since 31-03-2026
Current
FASTEN BELTS BV
Director · since 22-04-2025 · Legal entity · perm. rep.: Stéphane Ronse
Current
Fasten Belts
Director · since 03-02-2022 · Legal entity · perm. rep.: Stéphane Ronse
Current
Korys Investments
Class B director · since 03-02-2022 · Legal entity
Current
Korys Management
Class B director · since 03-02-2022 · Legal entity
Current
Pieter-Jan Vandevelde
C bestuurder · since 03-02-2022
Current
10 other directors
SLOWFOX
Class A director · since 03-02-2022 · Legal entity
Current
Tom De Prater
C bestuurder · since 03-02-2022
Current
Fasten Belts VOF
Managing director · since 12-07-2018 · Legal entity · perm. rep.: Stéphane Ronse
Not recently confirmed
Slowfox BVBA
Managing director · since 19-08-2016 · Legal entity · perm. rep.: Anders Åsarby
Not recently confirmed
GELDOF PHILIPPE
Class A director · since 12-07-2018 · Private limited company · perm. rep.: GELDOF Philippe Maria Robert
Not recently confirmed
KORYS BUSINESS SERVICES I NV
Class B director · since 12-07-2018 · Legal entity · perm. rep.: DE KEMPENEER Thomas Jan François Germaine
Not recently confirmed
KORYS INVESTMENTS
Class B director · since 12-07-2018 · Public limited company · perm. rep.: LIEKENS Cedric Paul Glenn Camille Jeff
Not recently confirmed
KORYS MANAGEMENT
Class B director · since 12-07-2018 · Public limited company · perm. rep.: DE KEMPENEER Thomas Jan François Germaine
Not recently confirmed
DHAM NV
Chair of the board · since 19-08-2016 · Legal entity · perm. rep.: Cedric Liekens
Not recently confirmed
DE MAEYER Dirk Urbanus Elisa
Statutory manager · since 15-11-2011
Not recently confirmed
31-03-2026 Jessie Maras: Reappointed as Director
31-03-2026 Fasten Belts: Resigned as Director
22-04-2025 Jessie Maras: Appointed as Director
22-04-2025 Jessie Maras: Appointed as Managing director
22-04-2025 FASTEN BELTS BV: Reappointed as Director
Full history in the Timeline (49 changes) →
Location & real-estate footprint
Registered office, Gent · 8 establishment units since 2011
establishment approximate 7 of 8 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dok-Noord 69000 Gent
Ground area
23.0 ha
Building footprint
7.9 ha
Volume, LiDAR
450,959 m³
7 parcels, Flanders · tallest building 23.8 m, ±3 floors. Linked by address, not a title deed.
8 establishment units
SMARTMAT
Regine Beerplein 1, 2018 AntwerpenAgents in the wholesale of food, beverages and tobacco
since 20112.205.855.818
SMARTMAT
Dok-Noord 6, 9000 GentRetail trade
since 20192.290.641.538
Kielsbroek 4C/2, 2020 Antwerpen
Retail trade
since 20222.334.307.176
Foodbag
Beersbrugstraat 74, 1602 Sint-Pieters-LeeuwAgents in the wholesale of food, beverages and tobacco
since 20242.364.078.852
HUB - Antwerpen
Kielsbroek 29, 2020 AntwerpenAgents in the wholesale of food, beverages and tobacco
since 20242.373.146.669
HUB - Gent
Ottergemsesteenweg-Zuid 717, 9000 GentRetail trade
since 20242.373.148.550
Show 2 more locations
HUB - Menen
Industrielaan 31, 8930 MenenRetail trade
since 20242.373.151.025
HUB - Sint Truiden
Montenakenweg 800, 3800 Sint-TruidenAgents in the wholesale of food, beverages and tobacco
since 20252.375.759.830
7 parcels
Flanders 7 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2651/00V000 Flanders 9.7 ha 1 · 1.3 ha 10.7 m
71353E0402/00G005 Flanders 5.1 ha 1 · 2.3 ha 14.3 m · 3 fl.
34027F0491/00E000 Flanders 2.8 ha 1 · 1.4 ha 10.5 m · 1 fl.
44021A2735/00X002 Flanders 2.2 ha 1 · 1.6 ha 23.8 m
44808H0602/00G004 Flanders 1.7 ha 1 · 8,661 m² 10.0 m · 3 fl.
11809I2652/00E002 Flanders 7,659 m² 1 · 3,960 m² 15.2 m · 3 fl.
23037C0182/00B000 Flanders 7,418 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
Ernst et Young Reviseurs d'EntreprisesCurrent
Statutory auditor · represented by Eef Naessens
01-04-2025 → present
Show 1 earlier auditors
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Statutory auditor · represented by Hennie Herijgers
succeeded by Ernst et Young Reviseurs d'Entreprises in 2025
13-07-2022 → 01-04-2025

Articles of association

Purpose
Alle activiteiten van management en consultancy, beheersassistentie, raad en bijstand, ontwikkeling/handel van voeding, bereiding/levering van voedingsmiddelen, schrijven/uitgeven…
Full purpose

Alle activiteiten van management en consultancy, beheersassistentie, raad en bijstand, ontwikkeling/handel van voeding, bereiding/levering van voedingsmiddelen, schrijven/uitgeven van kookboeken, uitbating onlinewinkel, diensten/ondersteuning, verkoop bier/alcohol, positieve impact op samenleving/milieu.

Structure & network

Connections & network

12 connected companies

Acquisitions and mergers

3 transactions
Took over:15GRAM
BE 0448.142.473merger by absorption · State Gazette act of 09-08-2022 (2 acts) · effective 29-06-2022
Took over:FOODBAG
BE 0643.804.044merger by absorption · State Gazette act of 30-08-2019 (2 acts)
Took over:SMARTMAT
BE 0841.553.885fusion by association of all shares in one hand · State Gazette act of 05-12-2016 (2 acts) · effective 01-01-2017

Capital and shareholders

Shareholders according to the acts
At incorporation act of 30-11-2011 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 15-05-2025 Capital stated in 2 acts · 5,942,541.79 EUR · 3,375 shares
  2. 20-07-2018 Capital increase of 2,375,340 EUR · 1,180 new shares · in cash
  3. 20-07-2018 Capital increase of 1,197,201.79 EUR · 595 new shares · in kind
  4. 28-09-2016 Capital increase of 72,000 EUR · 600 new shares
  5. 28-09-2016 Capital increase of 2,178,000 EUR · no new shares · from reserves
  6. 30-11-2011 Incorporation · 120,000 EUR · 1,000 shares

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 3,430 EUR awarded · 3,430 EUR paid
Year Entries awardedpaid
2024 1 2,663 EUR2,663 EUR
2023 1 767 EUR767 EUR
Schemes
Vlaams opleidingsverlof (VOV)
2 entries · 3,430 EUR · 3,430 EUR paid · Departement Werk en Sociale Economie

European Union, budget

2024 · 1 entry · 106,314 EUR in total
Year Entries awarded
2024 1 106,314 EUR
Projects
DIETWISE - DIETWISE: SYSTEMIC SOLUTIONS TO ENHANCE HEALTHY AND SUSTAINABLE FOOD PROVISION AND COOKING AT HOME
Horizon Europe · 01-11-2024 to 31-10-2027 · 106,314 EUR

European research

1 project · 106,313 EUR EU contribution
Programmes
Horizon Europe
1 entry · 106,313 EUR
Projects
DietWise: Systemic Solutions to Enhance Healthy and Sustainable Food Provision and Cooking at Home
Horizon Europe · participant · 01-11-2024 to 31-10-2027 · 106,313 EUR · DietWise

Recognitions · licences · registrations

Food safety, FASFC

6 sites
Antwerpen2.334.307.176
2 permissions
Toelating · Detailhandel · since 15-04-2025
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 01-01-2023
Antwerpen2.373.146.669
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 28-05-2025
Gent2.373.148.550
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 25-05-2025
Menen2.373.151.025
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 26-05-2025
Show 2 more sites
Sint-Pieters-Leeuw2.364.078.852
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 06-09-2024
Sint-Truiden2.375.759.830
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 14-04-2026

Legal Entity Identifier

6488D8WJ7OZ24Z07Y038
live in the LEI register

Similar companies · same sector, comparable size

Of 12,958 companies in sector 47120 we hold annual accounts for 2,190. 255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.