Skip to content

Be SMART, move to improve

Active
Private limited companyfounded 2016active for 10 yearsHogestraat 27, 8820 Torhout, BelgiumKBO/BCE: BE 0649.429.450
Summary

Be SMART, move to improve has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324,947 and a net result of €111,705. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 53% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-02-2016 Normal situation
Activity
General electrical installation work NACE 43211and 5 others
Establishment unit
2.251.136.309 8820 Torhout, since 26-02-2016
Financial year end
31 December
Peppol
Reachable since 28-05-2025

Board and ownership

Board
  • Van Hove PascalDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€234,787
▲ 35.0%
Turnover
≈ €700,000
estimated
Profit
€111,705
▲ 48.1%
Equity
€324,947
▼ 27.4%
Total assets
€653,464
▼ 13.8%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €653,464Founded in 2016Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 75-9
equity 49.7% of total assets
Liquidity 50+3
short-term debt 27.1% · cash 8.8%
Profitability 90+9
return on assets 17.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (1.43 in 2024), below 1. Short-term debt is 27.1% and cash 8.8% of total assets. 50.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 54% of them on solvency, 44% on liquidity, 76% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €653,464
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2016
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
14 days early
2023
16 days early
2022
75 days early
2021
17 days early
2020
57 days early
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,221 · 34,941 companies €111,705 View
  • Caution: Equity fell in 2025from €447,610 to €324,947 ▼ 27.4% View

Recent changes

  1. · Gazette deed Capital & shares · Amendment of the articles · Legal-form change · Name · Resignations & appointments · Miscellaneous
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Be SMART, move to improve: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €609,000 and €755,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
Be SMART, move to improve Torhout€653,464€234,787
JORNE DESMET Torhout€694,783€212,925
MARCUS ELEKTRIEK De Haan€608,999€244,127
STICKER H&T Poperinge€688,429€209,754
VOLTAM Roeselare€645,702€201,844
TALPE NICOLAS Zonnebeke€755,045€213,611
Lanneau-Mollet Kris Anzegem€721,148€273,566
Full comparison

Key facts about Be SMART, move to improve

What is the company number of Be SMART, move to improve?
The company number of Be SMART, move to improve is 0649.429.450. The VAT number is the same number with BE in front: BE 0649.429.450.
Where is Be SMART, move to improve based?
The registered office is at Hogestraat 27, 8820 Torhout.Company details
What does Be SMART, move to improve do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Be SMART, move to improve?
The legal form of Be SMART, move to improve is Private limited company (BV).
When was Be SMART, move to improve founded?
Be SMART, move to improve was founded on 24-02-2016.
Is Be SMART, move to improve still active?
Yes, Be SMART, move to improve is an active enterprise in the KBO register.
What is the turnover of Be SMART, move to improve?
The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €234,787 and 38 comparable companies (NACE 43211). It probably lies between €470,000 and €860,000.Financials
Is Be SMART, move to improve profitable?
In financial year 2025, Be SMART, move to improve made a profit of €111,705.
Where can I find the annual accounts of Be SMART, move to improve?
Be SMART, move to improve filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Be SMART, move to improve due?
Be SMART, move to improve must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.