Equity
SMART has made a profit without a break since 2019.
SMART has made a profit without a break since 2019.
Two of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Higher solvency than 87% of companies in financial services. Sector median 51.2% · 10,277 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
| Company | ||||
|---|---|---|---|---|
| SMART Oudsbergen | €431,081 | €145,477 | 89.4% | - |
| TRADING SCHRAEPEN CONSULTING EN MANAGEMENT Diepenbeek | €475,978 | €152,167 | 58.7% | - |
| MANAGEMENT & CHARTER SERVICES GENK-BELGIUM Genk | €561,251 | €134,710 | 54.4% | - |
| Globus Technologies Sint-Martens-Latem | €413,963 | €144,196 | -52.0% | - |
| GAUDENS TRADING INTERNATIONAL Wervik | €433,161 | €160,541 | 86.3% | - |
| FOVAN Wervik | €519,492 | €143,395 | 88.2% | - |
| SAUMAN FINANCE Saint-Josse-ten-Noode | €413,111 | €138,101 | -135.3% | 1 |
These companies have the same main activity as SMART: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €413,000 and €561,000, founded between 1997 and 2002.
SMART files the micro format. That format states no turnover. The gross margin rose from €60,121 in 2006 to €145,477 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Higher than 87% of 10,277 companies in 2025.
Higher than 64% of 10,128 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
431,081 | 345,867 | 297,440 | 217,385 | 288,451 | 251,548 | 344,084 | 319,582 | 369,605 | 469,739 | 411,353 | 393,086 | 412,287 | 339,396 | 348,183 | 307,378 | 300,192 | 431,411 | 341,910 | 305,507 | |
21/28 |
107,764 | 113,555 | 116,999 | 135,783 | 153,999 | 171,843 | 193,733 | 219,013 | 247,851 | 235,373 | 312,357 | 255,577 | 184,529 | 198,284 | 203,416 | 230,256 | 244,757 | 133,542 | 134,468 | 192,268 | |
22/27 |
107,764 | 113,555 | 116,999 | 135,783 | 153,999 | 171,843 | 193,733 | 219,013 | 247,851 | 235,373 | 312,357 | 255,577 | 184,529 | 198,284 | 203,416 | 230,256 | 244,757 | 133,542 | 134,468 | 192,268 | |
22 |
58,129 | 53,022 | 63,858 | 74,693 | 85,529 | 91,652 | 102,950 | 114,248 | 125,545 | 119,861 | 90,837 | 92,261 | 46,707 | 49,505 | 42,537 | 76,350 | 73,535 | 100,103 | 126,876 | 182,959 | |
23 |
4,181 | 5,503 | - | - | - | - | - | 942 | 1,884 | 2,825 | 3,767 | - | - | - | - | - | - | - | - | - | |
24 |
18,108 | 18,922 | 8,271 | 7,457 | 6,076 | 9,034 | 10,864 | 15,142 | 22,979 | 6,481 | 6,928 | 3,135 | 5,331 | 7,526 | 10,864 | 16,330 | 24,885 | 33,440 | 7,592 | 9,309 | |
26 |
27,346 | 36,108 | 44,870 | 53,633 | 62,395 | 71,157 | 79,919 | 88,681 | 97,443 | 106,205 | 114,967 | 123,729 | 132,491 | 141,253 | 150,015 | 137,575 | 146,337 | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | - | 95,857 | 36,452 | - | - | - | - | - | - | - | - | |
29/58 |
323,317 | 232,311 | 180,441 | 81,602 | 134,452 | 79,705 | 150,351 | 100,569 | 121,754 | 234,367 | 98,996 | 137,509 | 227,758 | 141,111 | 144,767 | 77,123 | 55,435 | 297,869 | 207,442 | 113,239 | |
29 |
- | - | - | - | - | - | 12,600 | 12,600 | 12,600 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | 12,600 | 12,600 | 12,600 | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,653 | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,653 | - | |
40/41 |
34,752 | 42,219 | 31,373 | 24,356 | 23,746 | 25,032 | 27,184 | 3,561 | 5,317 | 6,776 | 13,894 | 14,450 | 6,374 | 21,116 | 4,360 | 4,199 | 8,162 | 23,822 | 16,789 | 9,819 | |
40 |
33,671 | 41,573 | 27,198 | 20,181 | 23,212 | 25,032 | 26,678 | 3,195 | 4,391 | 6,776 | 13,894 | 14,450 | 5,825 | 15,279 | 3,751 | 4,199 | 8,162 | 23,822 | 16,139 | 3,751 | |
41 |
1,081 | 646 | 4,175 | 4,175 | 534 | - | 507 | 365 | 927 | - | - | - | 549 | 5,837 | 609 | - | - | - | 650 | 6,068 | |
54/58 |
285,686 | 187,503 | 148,168 | 54,581 | 107,087 | 53,773 | 109,608 | 82,927 | 102,457 | 227,591 | 85,102 | 122,001 | 220,158 | 119,580 | 139,016 | 72,410 | 46,137 | 272,578 | 154,173 | 101,005 | |
490/1 |
2,879 | 2,590 | 900 | 2,666 | 3,619 | 900 | 959 | 1,481 | 1,380 | - | 0 | 1,058 | 1,226 | 415 | 1,391 | 514 | 1,135 | 1,469 | 3,827 | 2,415 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
431,081 | 345,867 | 297,440 | 217,385 | 288,451 | 251,548 | 344,084 | 319,582 | 369,605 | 469,739 | 411,353 | 393,086 | 412,287 | 339,396 | 348,183 | 307,378 | 300,192 | 431,411 | 341,910 | 305,507 | |
10/15 |
385,405 | 324,253 | 257,924 | 190,399 | 152,971 | 214,510 | 322,914 | 308,522 | 343,617 | 415,496 | 388,005 | 360,977 | 339,456 | 331,984 | 319,711 | 301,889 | 286,359 | 379,411 | 328,779 | 301,492 | |
10/11 |
61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 61,500 | 61,500 | 61,500 | 61,500 | 175,000 | 175,000 | 175,000 | |
100 |
- | - | - | - | - | - | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 268,500 | 61,500 | 61,500 | 61,500 | 61,500 | 175,000 | 175,000 | 175,000 | |
13 |
330,252 | 269,252 | 203,252 | 136,252 | 99,252 | 160,996 | 160,996 | 146,996 | 146,996 | 146,996 | 119,505 | 92,477 | 70,956 | 270,484 | 258,211 | 240,389 | 224,859 | 204,411 | 153,779 | 126,492 | |
130 |
- | - | - | - | - | - | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 9,283 | 7,689 | 6,325 | |
132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | - | |
133 |
311,502 | 250,502 | 184,502 | 117,502 | 80,502 | 142,246 | 132,963 | 118,963 | 118,963 | 118,963 | 91,472 | 64,444 | 42,923 | 242,451 | 230,178 | 212,356 | 196,826 | 176,378 | 146,090 | 120,167 | |
14 |
-6,347 | -6,498 | -6,827 | -7,353 | -7,781 | -7,986 | -106,582 | -106,973 | -71,879 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
45,676 | 21,613 | 39,516 | 26,987 | 135,481 | 37,038 | 21,170 | 11,059 | 25,988 | 54,244 | 23,348 | 32,109 | 72,832 | 7,412 | 28,472 | 5,490 | 13,832 | 52,000 | 13,131 | 4,015 | |
42/48 |
45,676 | 21,613 | 39,516 | 26,787 | 135,481 | 37,038 | 20,570 | 11,059 | 25,988 | 54,244 | 23,348 | 32,109 | 72,832 | 7,412 | 9,972 | 5,490 | 13,832 | 48,980 | 13,131 | 4,015 | |
44 |
3,873 | 5,023 | 2,569 | 12,088 | 18,181 | 17,962 | 3,586 | 6,489 | 14,566 | 11,190 | 4,964 | 15,429 | 1,313 | 280 | 3,821 | - | - | 439 | 872 | 759 | |
440/4 |
3,873 | 5,023 | 2,569 | 12,088 | 18,181 | 17,962 | 3,586 | 6,489 | 14,566 | 11,190 | 4,964 | 15,429 | 1,313 | 280 | 3,821 | - | - | 439 | 872 | 759 | |
45 |
27,803 | 16,591 | 34,927 | 14,300 | 20,555 | 18,732 | 14,322 | 1,909 | 9,947 | 41,671 | 16,101 | 14,561 | 11,399 | 5,013 | 3,025 | 5,113 | 13,832 | 45,952 | 12,259 | 3,256 | |
450/3 |
27,803 | 16,591 | 34,927 | 14,300 | 20,555 | 18,732 | 10,752 | 709 | 6,047 | 41,671 | 16,101 | 14,561 | 11,399 | 5,013 | 3,025 | 5,113 | 11,617 | 43,737 | 12,259 | 2,906 | |
454/9 |
- | - | - | - | - | - | 3,570 | 1,200 | 3,900 | - | - | - | - | - | - | - | 2,215 | 2,215 | - | 350 | |
47/48 |
14,000 | - | 2,020 | 398 | 96,744 | 344 | 2,662 | 2,662 | 1,476 | 1,383 | 2,283 | 2,119 | 60,119 | 2,119 | 3,125 | 377 | 0 | 2,589 | - | - | |
492/3 |
- | - | - | 200 | - | - | 600 | - | - | - | - | - | - | - | 18,500 | - | - | 3,020 | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 29,580 | - | - | 4,000 | - | - | - | - | 62,212 | - | - | |
9900 |
145,477 | 117,613 | 119,484 | 76,777 | 81,009 | 147,738 | 44,443 | -520 | -37,838 | 71,936 | 65,097 | 47,398 | 51,815 | 38,588 | 56,309 | 59,284 | 73,231 | 38,303 | 68,425 | 60,121 | |
630 |
36,634 | 22,902 | 20,312 | 20,252 | 23,484 | 23,356 | 25,280 | 28,839 | 30,477 | 29,443 | 14,775 | 17,434 | 13,756 | 23,942 | 30,700 | 35,704 | 44,938 | 35,493 | 32,081 | 31,359 | |
640/8 |
3,350 | 3,156 | 3,691 | 3,009 | 4,830 | 4,377 | 3,691 | 5,798 | 3,538 | 2,332 | 4,066 | 3,495 | 4,003 | 1,840 | 1,245 | 1,518 | 1,246 | 2,629 | 1,336 | 1,255 | |
66A |
96 | - | - | - | - | 12,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
105,396 | 91,556 | 95,481 | 53,515 | 52,694 | 107,405 | 15,471 | -35,156 | -71,854 | 40,161 | 46,256 | 26,468 | 34,056 | 12,806 | 24,364 | 22,062 | 27,047 | 181 | 35,007 | 27,507 | |
75/76B |
1,492 | 1,767 | 276 | - | 23 | 52 | 444 | 465 | 353 | 1,385 | 323 | 690 | 1,351 | 2,344 | 1,648 | 623 | 2,731 | 2,670 | 3,747 | 964 | |
75 |
1,492 | 1,767 | 276 | - | 23 | 52 | 444 | 465 | 353 | 1,385 | 323 | 690 | 1,351 | 2,344 | 1,648 | 623 | 2,731 | 2,670 | 3,747 | 964 | |
65/66B |
162 | 114 | 149 | 266 | 175 | 1,081 | 104 | 403 | 468 | 82 | 71 | 163 | 77 | 537 | 43 | 56 | 298 | 42 | 63 | 30 | |
65 |
162 | 114 | 149 | 266 | 175 | 1,081 | 104 | 403 | 468 | 82 | 71 | 163 | 77 | 537 | 43 | 56 | 298 | 42 | 63 | 30 | |
9903 |
106,727 | 93,209 | 95,608 | 53,249 | 52,543 | 106,376 | 15,811 | -35,094 | -71,969 | 41,464 | 46,508 | 26,995 | 39,330 | 14,614 | 25,969 | 22,629 | 29,480 | 65,021 | 38,691 | 28,442 | |
67/77 |
31,575 | 26,880 | 28,082 | 15,821 | 17,338 | 7,780 | 1,420 | - | -90 | 13,974 | 19,480 | 5,474 | 8,858 | 2,342 | 8,146 | 7,100 | 9,031 | 14,389 | 11,404 | 10,144 | |
9904 |
75,152 | 66,329 | 67,526 | 37,428 | 35,205 | 98,596 | 14,391 | -35,094 | -71,879 | 27,491 | 27,028 | 21,522 | 30,472 | 12,272 | 17,823 | 15,529 | 20,449 | 50,632 | 27,287 | 18,297 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,750 | - | - | |
9905 |
75,152 | 66,329 | 67,526 | 37,428 | 35,205 | 98,596 | 14,391 | -35,094 | -71,879 | 27,491 | 27,028 | 21,522 | 30,472 | 12,272 | 17,823 | 15,529 | 20,449 | 31,882 | 27,287 | 18,297 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
68,653 | 59,502 | 60,173 | 29,647 | 27,219 | -7,986 | -92,582 | -106,973 | -71,879 | 27,491 | 27,028 | 21,522 | 30,472 | 12,272 | 17,823 | 15,529 | 20,449 | 31,882 | 27,287 | 18,297 | |
14P |
-6,498 | -6,827 | -7,353 | -7,781 | -7,986 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
14,000 | - | - | - | 96,744 | 20,000 | - | - | - | - | - | - | 230,000 | - | - | - | - | - | - | - | |
691/2 |
75,000 | 66,000 | 67,000 | 37,000 | 35,000 | 20,000 | 14,000 | - | - | 27,491 | 27,028 | 21,522 | 30,472 | 12,272 | 17,823 | 15,529 | 20,449 | 31,882 | 27,287 | 18,297 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,594 | 1,364 | 915 | |
6921 |
75,000 | 66,000 | 67,000 | 37,000 | 35,000 | 20,000 | 14,000 | - | - | 27,491 | 27,028 | 21,522 | 30,472 | 12,272 | 17,823 | 15,529 | 20,449 | 30,288 | 25,922 | 17,382 | |
694/7 |
14,000 | - | - | - | 96,744 | - | - | - | - | - | - | - | 230,000 | - | - | - | - | - | - | - | |
694 |
14,000 | - | - | - | 96,744 | - | - | - | - | - | - | - | 230,000 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00332986 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00128239 | |
| 31-12-2023 | micro format | 18-06-2024 | 2024-00137594 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00168272 | |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20045022 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-26100443 | |
| 31-12-2019 | micro format | 18-06-2020 | 2020-19200085 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32900098 | |
| 31-12-2017 | micro format | 19-08-2018 | 2018-47200505 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59200386 | |
| 31-12-2015 | abbreviated format | 29-06-2016 | 2016-26100469 | |
| 31-12-2014 | abbreviated format | 13-07-2015 | 2015-30400559 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-55200569 | |
| 31-12-2012 | abbreviated format | 08-07-2013 | 2013-28000321 | |
| 31-12-2011 | abbreviated format | 11-07-2012 | 2012-29400373 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-48200050 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-53500074 | |
| 31-12-2008 | abbreviated format | 24-08-2009 | 2009-63900344 | |
| 31-12-2007 | abbreviated format | 31-08-2008 | 2008-71900142 | |
| 31-12-2006 | abbreviated format | 16-08-2007 | 2007-57700100 | |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-76302895 | |
| 31-12-2004 | abbreviated format | 28-07-2005 | 2005-59005007 | |
| 31-12-2003 | abbreviated format | 07-07-2004 | 2004-41804689 | |
| 31-12-2002 | abbreviated format | 11-06-2003 | 2003-20900212 | |
| 31-12-2001 | abbreviated format | 25-06-2002 | 2002-25600195 | |
| 31-12-2000 | abbreviated format | 25-06-2001 | 2001-25200012 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30,940 | 19,458 | 1,528 | 2,036 | 5,641 | 1,467 | 0 | 0 | 42,956 | 127,879 | 71,555 | 88,482 | 0 | 18,810 | 3,860 | 21,202 | 156,153 | 38,878 | 5,082 | 3,543 | ||
| 98,183 | 39,334 | 93,588 | -52,506 | 53,314 | -55,835 | 26,681 | -19,530 | -125,134 | 142,489 | -36,899 | -98,157 | 100,578 | -19,436 | 66,606 | 26,273 | -226,441 | 118,405 | 53,168 | - | ||
| 89.4% | 93.8% | 86.7% | 87.6% | 53.0% | 85.3% | 93.8% | 96.5% | 93.0% | 88.5% | 94.3% | 91.8% | 82.3% | 97.8% | 91.8% | 98.2% | 95.4% | 87.9% | 96.2% | 98.7% | ||
| 19.5% | 20.5% | 26.2% | 19.7% | 23.0% | 46.0% | 4.5% | -11.4% | -20.9% | 6.6% | 7.0% | 6.0% | 9.0% | 3.7% | 5.6% | 5.1% | 7.1% | 13.3% | 8.3% | 6.1% | ||
| 17.4% | 19.2% | 22.7% | 17.2% | 12.2% | 39.2% | 4.2% | -11.0% | -19.4% | 5.9% | 6.6% | 5.5% | 7.4% | 3.6% | 5.1% | 5.1% | 6.8% | 11.7% | 8.0% | 6.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €30,940 | €19,458 | €1,528 | €2,036 | €5,641 |
| €36,634 | €22,902 | €20,312 | €20,252 | €23,484 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 15% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 6.2% to 10.6%. Equity and debt are higher.
SMART has no parent and no holdings in its annual accounts.
| BOUWWERKEN EERDEKENS
registered office since 14-02-1992 · founded in 1992 |
total assets €2.2m (2025) 0446.235.533 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| SMART NV registered office Weg naar Helchteren 81, 3670 Oudsbergen 68201 Renting and operating of own or leased residential real estate, excluding social housing | 04-07-2000 | 2.097.418.429 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72022C0108/00T000 | 916 m² | 1 · 353 m² | 8.6 m · 2 |
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