Smart
ActiveSummary
The computed 12-month bankruptcy probability of Smart is 3.9% (moderate). The 2025 annual accounts show negative equity (-€2,224) and a net result of -€444. Equity has been shrinking by about 64% per year since 2021. Its net result ranks better than 33% of 5,736 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.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-03-2020 Normal situation
- Registered office
- 13 active companies are registered at this address Source: KBO register, as of 5 November 2026.
- Activity
- Beauty care and other beauty treatments NACE 96220and 1 other
- Establishment unit
- 2.301.851.669 6700 Arlon, since 01-04-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
Too few figures to score
Annual accounts 2025
- Loss
- €444
- ▼ 75.2%
- Equity
- -€2,224
- ▼ 24.9%
- Negative equity on 31-12-2025
- 2025 accounts filed 18 days after the deadline
Turnover not published (micro format)
Signalsraises riskFigures for financial year 2024 (filed on 29-07-2025)Founded in 2020Liquiditeit niet neergelegdNegative equity2025 accounts filed 18 days latelowers riskSize: total assets €44Show the evidence
Bankruptcy probability
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Bankruptcy probability within 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.5%▼ -0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025lowest value
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 3.1%▲ +1.5 percentage points vs 07-2025
09-2025: 3.1%● unchanged vs 08-2025
10-2025: 3.2%▲ +0.1 percentage points vs 09-2025
11-2025: 3.2%● unchanged vs 10-2025
12-2025: 3.2%● unchanged vs 11-2025
01-2026: 3.2%● unchanged vs 12-2025
02-2026: 3.1%▼ -0.1 percentage points vs 01-2026
03-2026: 3.1%● unchanged vs 02-2026
04-2026: 3.4%▲ +0.3 percentage points vs 03-2026
05-2026: 3.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.8%▼ -1.7 percentage points vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.7 percentage points vs 07-2026
09-2026: 2.4%▼ -0.2 percentage points vs 08-2026
10-2026: 3.9%▲ +1.5 percentage points vs 09-2026highest value
11-2026: 3.9%● unchanged vs 10-2026highest value
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
212223242425
2021 to 2025 · latest year -€2,224
raises risk · 2025 accounts filed 18 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
18 days late
2024
3 days early
2024
9 days early
2023
27 days late
2022
29 days late
2021
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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.
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 18 days after the deadline 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.
Annual accounts 2025 filed on 18-08-2026 at the NBB all 6 filings
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
Multi-year overview
2021 to 2025, 6 financial yearsOperating result
-€444
▲ 75.2%
2025
20212025
Net result
-€444
▲ 75.2%
2025
middle half of the sector
20212025
Equity
-€2,224
▼ 24.9%
2025
middle half of the sector
20212025
Total assets
no figure
2025
20212025
Debt
€2,224
▲ 21.9%
2025
20212025
Working capital
no figure
2025
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023202420242025
Operating result-€1,205--€1,078▲ 10.6%-€458▲ 57.5%-€909▼ 98.7%-€1,789--€444▲ 75.2%
Net result-€1,214within the sector's middle half--€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€2,786within the sector's middle half-€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€3,198below the sector's middle half-€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-€412=€384€1,825-€2,224▲ 21.9%
Working capital€1,920within the sector's middle half-€1,035within the sector's middle half▼ 46.1%-€200within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
EBITDA
-€400▲
2024 · -€1,625
Cash flow
-€400▲
2024 · -€1,625
Debt ≤ 1 year
€2,224▲
2024 · €1,825
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| 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 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Directors
1 director, last change in 2024
SOCIETE BRUXELLOISE IMMOBILIERE
Current
Owners and capital
Owners
Mandate history
4 people, 1 in office
- Board
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| SOCIETE BRUXELLOISE IMMOBILIERE |
|
| GISHER Mireille |
|
| LEQUEUX Louise |
|
| MOUSTY |
|
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of SmartSmart sits on their board1
Companies at the same address
12 other companies- RMES Registered office · since 09-08-2023Founded in 2023 · total assets €1.7m (2025) 0804.684.581
- S and L Registered office · since 01-08-2023Founded in 2023 1001.087.906
- KALDO Registered office · since 15-12-2022Founded in 2022 · total assets €9.8m (2025) · negative equity 0794.842.447
- Feron de Ghellinck Registered office · since 24-06-2019Founded in 2019 · total assets €251,264 (2025) 0728.792.672
- AGNEAU Registered office · since 28-12-2018Founded in 2018 · total assets €4.0m (2025) · negative equity 0716.951.447
- CAT Registered office · since 28-12-2018Founded in 2018 · total assets €2.5m (2025) · negative equity 0716.951.150
- Association des copropriétaires de l'immeuble sis à 1030 Schaerbeek, rue Aimé Smekens 15 Registered office · since 08-10-2014Founded in 2014 0567.894.913
- BIG DATA INVEST Registered office · since 18-12-2013Founded in 2013 · total assets €852 (2025) · negative equity 0543.405.381
- LEGIA INVEST Registered office · since 18-11-2010Founded in 2010 · total assets €13.7m (2025) 0827.798.097
- LANZY Establishment · since 15-07-2008Founded in 2008 0897.658.487
Connections & network
0 connected companies, 2 earlier tiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Earlier ties
KALDO
via MOUSTY (at Smart, last mentioned in 2024) · Director (not named in the articles) · deed of 19-12-2022
Founded in 2022 · total assets €9.8m (2025) · negative equity
→
PARC GAULOIS
via MOUSTY (at Smart, last mentioned in 2024) · Director · deed of 28-12-2022
No longer active · total assets €621,358 (2023)
→
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
18-08
micro format · 18 days late
2025
28-07
micro format · 3 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€1,789
The net result drops to -€1,789, the lowest from 2021 to 2025. It recovers the following year.
22-10
micro format · 9 days before the deadline
06-05
Gazette deed
Company renamed from Féé Toi Belle to SMARTRegistered office moved from Arlon-Bonnert to Schaerbeek · New registered office: rue Aimé Smekens, numéro 15, 1030 Schaerbeek · Previous registered office: rue du Maitrank, numéro 36, 6700 Arlon-Bonnert10 points ▸
Gazette deed
Company renamed from Féé Toi Belle to SMART
Registered office moved from Arlon-Bonnert to Schaerbeek · New registered office: rue Aimé Smekens, numéro 15, 1030 Schaerbeek · Previous registered office: rue du Maitrank, numéro 36, 6700 Arlon-Bonnert10 points ▸
- General meeting, 22-04-2024
- Director appointment, MOUSTY (sole director)
- Permanent representative, de GHELLINCK d’ELSEGHEM VAERNEWYCK Dominique Marie Alexandre
- Director resignation, LEQUEUX Louise
- Director resignation, GISHER Mireille
- General meeting, 25-04-2024
- Name change, SMART
- Purpose change, “Toutes opérations se rattachant directement ou indirectement à la gérance, la location, l’achat, la vente, le lotissement, la prise en option, la location, la…” (deed in French)
- Registered-office move, rue Aimé Smekens, numéro 15, 1030 Schaerbeek
- Power of attorney, Quentin MARCOTTY
- The deed holds 1 more point.
2023
27-11
micro format · 27 days late
2022
29-11
micro format · 29 days late
2021
06-10
micro format · 25 days before the deadline
2020
11-03
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Smart in French
Former name
Féé Toi Belle until the deed of 06-05-2024
Enterprise number
0744.863.592
Legal form
Private limited company
Status
Active, normal situation
Founded
09-03-2020
Entity type
Legal entity
Registered office and establishments
Registered office
Aimé Smekensstraat 15, 1030 Schaerbeek, Belgium
Establishment unit
Fée Toi Belle, Bonnert, rue du Maitrank 36, 6700 Arlon since 01-04-2020 · unit number 2.301.851.669 1421001 Manufacture of outerwear
E-mail
feetoibelle2@gmail.com establishment in Arlon
Activities
NACEBEL 202596220
Beauty care and other beauty treatments main activity
85599
Other education
Codes under NACEBEL 2008
96022
Beauty treatment main activity
85599
Other education
Invoicing and payment
VAT number
BE 0744.863.592
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of June at 14:00
deed of 06-05-2024 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
711 m²
Building footprint
215 m²
Building volume
1,912 m³
Tallest building: 12.5 m.
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 81006B0183/00K002 | Wallonia | 553 m² | 1 · 124 m² | 9.1 m · 2 |
| 21911C0139/00H011 | Brussels | 158 m² | 1 · 91 m² | 12.5 m · 4 |