Smart
ActiveSummary
The computed 12-month bankruptcy probability of Smart is 3.8% (moderate). The 2025 annual accounts show negative equity (-€2,224) and a net result of -€444. Equity is shrinking by about 64% per year across the filed financial years. Its net result ranks better than 33% of 5,679 sector peers (NACE 96, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2025 annual accounts filed late (18 days) Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403661.
2022 to 2025, 5 financial years 2021 to 2025, 6 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €230 | €219 | €219 | €219 | €164 | €44 | ▼ 73.0% |
| Other operating charges640/8 | - | - | - | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€975 | -€859 | -€239 | -€306 | -€1,238 | - | - |
| Operating profit (loss)9901 | -€1,205 | -€1,078 | -€458 | -€909 | -€1,789 | -€444 | ▲ 75.2% |
| Financial charges65/66B | - | €26 | €153 | €153 | - | - | - |
| Recurring financial charges65 | €9 | €26 | €153 | €153 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,214 | -€1,103 | -€611 | -€1,062 | -€1,789 | -€444 | ▲ 75.2% |
| Profit (loss) for the period9904 | -€1,214 | -€1,103 | -€611 | -€1,062 | -€1,789 | -€444 | ▲ 75.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,214 | -€1,103 | -€611 | -€1,062 | -€1,789 | -€444 | ▲ 75.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €3,198 | €2,095 | €1,071 | €393 | €44 | - | - |
| Formation expenses20 | €866 | €647 | €428 | €209 | €44 | - | - |
| Current assets29/58 | €2,332 | €1,448 | €644 | €185 | - | - | - |
| Amounts receivable within one year40/41 | €224 | - | €520 | - | - | - | - |
| Other amounts receivable41 | - | - | €520 | - | - | - | - |
| Cash at bank and in hand54/58 | €2,108 | €1,448 | €124 | €185 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €3,198 | €2,095 | €1,071 | €393 | €44 | - | - |
| Equity10/15 | €2,786 | €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 | -€1,214 | -€2,318 | -€2,929 | -€3,991 | -€5,780 | -€6,224 | ▼ 7.7% |
| Amounts payable17/49 | €412 | €412 | - | €384 | €1,825 | €2,224 | ▲ 21.9% |
| Amounts payable within one year42/48 | €412 | €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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,214 | -€1,103 | -€611 | -€1,062 | -€1,789 | -€444 | ▲ 75.2% |
| + Depreciation and write-downs630 | €230 | €219 | €219 | €219 | €164 | €44 | ▼ 73.0% |
| Operating cash flow (approximation) | -€985 | -€884 | -€392 | -€843 | -€1,625 | -€400 | ▲ 75.4% |
| Change in cash | - | -€660 | -€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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00403661 |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00325350 |
| 31-03-2024 | micro format | 22-10-2024 | 2024-00511039 |
| 31-03-2023 | micro format | 27-11-2023 | 2023-00518551 |
| 31-03-2022 | micro format | 29-11-2022 | 2022-20526763 |
| 31-03-2021 | micro format | 06-10-2021 | 2021-70800136 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.