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Smart

Active
Private limited companyfounded 20206 yrs activeAimé Smekensstraat 15, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0744.863.592
Summary

The computed 12-month bankruptcy probability of Smart is 7.2% (elevated). The 2025 annual accounts show negative equity (-€2,224) and a net result of -€444. Equity is shrinking by ~64.4% per year across the filed fiscal years. Its net result ranks better than 33% of 4739 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
212223242425
2021 to 2025 · latest year -€2,224
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
18 d late
2024
3 d early
2024
9 d early
2023
27 d late
2022
29 d late
2021
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 9 March 2020, Smart was incorporated as a Private limited company.1 Total assets went from EUR 3,198 in 2021 to EUR 1,071 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2025, micro schema

Equity
-€2,224▼ 24.9%
2024 · -€1,780
Total assets
€44▼ 88.7%
2024 · €393
Net result
-€444▲ 75.2%
2024 · -€1,789
Working capital
-€200
2022 · €1,035
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420242025
Operating result-€1,078▲ 10.6%-€458▲ 57.5%-€909▼ 98.7%-€1,789--€444▲ 75.2%
Net result-€1,103within the sector's middle half▲ 9.1%-€611within the sector's middle half▲ 44.6%-€1,062within the sector's middle half▼ 73.9%-€1,789within the sector's middle half--€444within the sector's middle half▲ 75.2%
Equity€1,682within the sector's middle half▼ 39.6%€1,071within the sector's middle half▼ 36.3%€9within the sector's middle half▼ 99.2%-€1,780within the sector's middle half--€2,224within the sector's middle half▼ 24.9%
Total assets€2,095below the sector's middle half▼ 34.5%€1,071below the sector's middle half▼ 48.9%€393below the sector's middle half▼ 63.3%€44below the sector's middle half-
Debt€412=€384€1,825-€2,224▲ 21.9%
Working capital€1,035within the sector's middle half▼ 46.1%-€200within the sector's middle half
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2022: -€1,078-€1,078Net result 2022: -€1,103-€1,103Operating result 2023: -€458-€458Net result 2023: -€611-€611Operating result 2024: -€909-€909Net result 2024: -€1,062-€1,062Operating result 2024: -€1,789-€1,789Net result 2024: -€1,789-€1,789Operating result 2025: -€444-€444Net result 2025: -€444-€44420222023202420242025-€2,000-€1,500-€1,000-€500€0Operating result 2024: -€909-€909Net result 2024: -€1,062-€1,060Operating result 2024: -€1,789-€1,790Net result 2024: -€1,789-€1,790Operating result 2025: -€444-€444Net result 2025: -€444-€444202420242025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€400▲
2024 · -€1,625
Cash flow
-€400▲
2024 · -€1,625
Debt to equity
-1.00
Debt ≤ 1 year
€2,224▲
2024 · €1,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 18 lines
Balance sheet Code20242025
Assets
Total assets20/58€44-
Formation expenses20€44-
Equity and liabilities
Total equity and liabilities10/49€44-
Equity10/15-€1,780-€2,224▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€5,780-€6,224▼
Amounts payable17/49€1,825€2,224▲
Amounts payable within one year42/48€1,825€2,224▲
Other amounts payable47/48€1,825€2,224▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164€44▼
Other operating charges640/8€387€400▲
Gross operating margin9900-€1,238-
Operating profit (loss)9901-€1,789-€444▲
Profit (loss) for the period before taxes9903-€1,789-€444▲
Profit (loss) for the period9904-€1,789-€444▲
Profit (loss) for the period to be appropriated9905-€1,789-€444▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,780-€6,224▼
Profit (loss) brought forward from the previous period14P-€3,991-€5,780▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219€219€219€164€44▼ 73.0%
Other operating charges640/8--€384€387€400▲ 3.2%
Gross operating margin9900-€859-€239-€306-€1,238--
Operating profit (loss)9901-€1,078-€458-€909-€1,789-€444▲ 75.2%
Financial charges65/66B€26€153€153---
Recurring financial charges65€26€153€153---
Profit (loss) for the period before taxes9903-€1,103-€611-€1,062-€1,789-€444▲ 75.2%
Profit (loss) for the period9904-€1,103-€611-€1,062-€1,789-€444▲ 75.2%
Profit (loss) for the period to be appropriated9905-€1,103-€611-€1,062-€1,789-€444▲ 75.2%
Line20222023202420242025Change
Assets
Total assets20/58€2,095€1,071€393€44--
Formation expenses20€647€428€209€44--
Current assets29/58€1,448€644€185---
Amounts receivable within one year40/41-€520----
Other amounts receivable41-€520----
Cash at bank and in hand54/58€1,448€124€185---
Equity and liabilities
Total equity and liabilities10/49€2,095€1,071€393€44--
Equity10/15€1,682€1,071€9-€1,780-€2,224▼ 24.9%
Contributions10/11€4,000€4,000€4,000€4,000€4,000=
Profit (loss) carried forward14-€2,318-€2,929-€3,991-€5,780-€6,224▼ 7.7%
Amounts payable17/49€412-€384€1,825€2,224▲ 21.9%
Amounts payable within one year42/48€412-€384€1,825€2,224▲ 21.9%
Trade debts44--€384---
Suppliers440/4--€384---
Other amounts payable47/48€412--€1,825€2,224▲ 21.9%
Line20222023202420242025Change
Profit (loss) for the period9904-€1,103-€611-€1,062-€1,789-€444▲ 75.2%
+ Depreciation and write-downs630€219€219€219€164€44▼ 73.0%
Operating cash flow (approximation)-€884-€392-€843-€1,625-€400▲ 75.4%
Change in cash--€1,324€61---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€1,789
Net result drops to -€1,789, the lowest in the series; recovery starts the following year.
22-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2022
29-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2021
06-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
711 m²
Building footprint
215 m²
Volume, LiDAR
1,912 m³
2 parcels, Brussels, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
Fée Toi Belle
Bonnert, rue du Maitrank 36, 6700 ArlonManufacture of wearing apparel
since 20202.301.851.669
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
81006B0183/00K002 Wallonia 553 m² 1 · 124 m² 9.1 m · 2 fl.
21911C0139/00H011 Brussels 158 m² 1 · 91 m² 12.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. 5 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
85599Other education
Contact
E-mail feetoibelle2@gmail.comArlon
E-invoicing
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