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smart Belgium

Active
Private limited companyfounded 2021active for 4 yearsTollaan 68, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0778.295.633

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of smart Belgium is 2.8% (moderate). The 2025 annual accounts show equity of €599,825 and a net result of €185,442. Equity has been growing by about 65% per year since 2022. Its solvency ranks better than 24% of 5,036 sector peers (NACE 47, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 06-12-2021 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 3 others
Establishment unit
2.345.676.665 1200 Sint-Lambrechts-Woluwe, since 07-06-2023
Financial year end
31 December
Peppol
Reachable since 15-01-2026

Board and ownership

Board
  • Günther MartinDirector · since 01-03-2022
  • Wattel HenryDirector · since 01-03-2022
  • Wolfgang UferDirector · since 01-03-2026
Auditor
KPMG Bedrijfsrevisoren BV/SRL / KPMG Réviseurs d'Entreprises BV/SRL

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Turnover
€16.9m
▼ 5.2%
Profit
€185,442
▼ 22.7%
Equity
€599,825
▲ 44.8%
Total assets
€4.4m
▼ 74.1%
Employees on 31-12-2025
6
▼ 25.0%
  • 2025 accounts filed 13 days after the deadline
Filed on 13-08-2026
Score breakdownraises riskLiquidity: current ratio 1.62, cash €100,000Founded in 2021Last filed accounts filed 13 days late; 1 of the last 3 accounts lateEquity €599,825 (13.7% of total assets)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 38% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 39+12
equity 13.7% of total assets
Liquidity 21+19
short-term debt 61.7% · cash 2.3%
Profitability 58+1
return on assets 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.9% 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 3.0%▲ +0.1 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 3.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.2%▲ +0.1 percentage points vs 06-2025 08-2025: 3.8%▲ +0.6 percentage points vs 07-2025 09-2025: 4.1%▲ +0.3 percentage points vs 08-2025 10-2025: 5.5%▲ +1.4 percentage points vs 09-2025 11-2025: 4.4%▼ -1.1 percentage points vs 10-2025 12-2025: 4.4%● unchanged vs 11-2025 01-2026: 4.4%● unchanged vs 12-2025 02-2026: 4.3%▼ -0.1 percentage points vs 01-2026 03-2026: 4.2%▼ -0.1 percentage points vs 02-2026 04-2026: 4.2%● unchanged vs 03-2026 05-2026: 4.4%▲ +0.2 percentage points vs 04-2026 06-2026: 4.5%▲ +0.1 percentage points vs 05-2026 07-2026: 4.7%▲ +0.2 percentage points vs 06-2026 08-2026: 5.6%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 2.8%▼ -2.8 percentage points vs 08-2026lowest value 10-2026: 2.8%● unchanged vs 09-2026lowest value 11-2026: 2.8%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (1.13 in 2024), above the usual 1.5. Short-term debt is 61.7% and cash 2.3% of total assets. However, 86.3% 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 47, micro). It does better than 30% of them on solvency, 19% on liquidity, 41% on profitability and 60% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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

Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 1.62, cash €100,000
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 13 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Equity €599,825 (13.7% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 5036 sector peers (2025).
NBB · sector comparison
Position among 5036 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 4 filings
Deviation from the deadline
2025
13 days late
2024
61 days late
2023
6 days early
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 17 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 7 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Equity rose in 2025from €414,382 to €599,825 ▲ 44.8% View
  • Board changedlatest change 04-08-2026 · 3 in office 1 joined · 1 left View

Comparable companies

These companies have the same main activity as smart Belgium: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €5m and €7.9m, founded between 2015 and 2023.

CompanyTotal assetsTurnover
smart Belgium Sint-Lambrechts-Woluwe€4.4m€16.9m
Lampe IC Hooglede€5.8m€25.7m
ELECTRIC CAR COMPANY Liège€5.4m€7.5m
KEOS Zaventem Elsene€7.9m€23.3m
BERNARD MARTIN BRUSSELS Drogenbos€6.5m€19.0m
Kubika Cars Houthalen-Helchteren€7.0m€19.4m
Delvaux Percy Gembloux€5.0m€15.4m
Full comparison

Documents

Annual accounts at the NBB

Articles and registers

Key facts about smart Belgium

What is the company number of smart Belgium?
The company number of smart Belgium is 0778.295.633. The VAT number is the same number with BE in front: BE 0778.295.633.
Where is smart Belgium based?
The registered office is at Tollaan 68, 1200 Sint-Lambrechts-Woluwe.Company details
What does smart Belgium do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of smart Belgium?
The legal form of smart Belgium is Private limited company (BV).
When was smart Belgium founded?
smart Belgium was founded on 06-12-2021.
Is smart Belgium still active?
Yes, smart Belgium is an active enterprise in the KBO register.
How many employees does smart Belgium have?
smart Belgium had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of smart Belgium?
The turnover of smart Belgium was €16.9m in financial year 2025, according to the filed annual accounts.
Is smart Belgium profitable?
In financial year 2025, smart Belgium made a profit of €185,442.
Where can I find the annual accounts of smart Belgium?
smart Belgium filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of smart Belgium due?
smart Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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