smart Belgium
The computed 12-month bankruptcy probability of smart Belgium is 3.1% (moderate). The 2024 annual accounts show equity of €414k and a net result of €240k. Equity is growing by ~114.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 801 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €414k |
| Net result | €240k |
| Staff (FTE) | 7.8 |
| Better than sector | 25% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.2% | 18.0% | |
| Net result | €712k | €12k | |
| Equity | €174k | €82k | |
| Gross operating margin | €1.43M | €162k | |
| Staff costs | €655k | €187k |
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | €17.84M |
| EBITDA | €475k |
| Net profit | €240k |
| Cash flow | €243k |
| Staff costs | €849k |
| Income taxes | €201k |
| Dividends | - |
| Total assets | €16.91M |
| Equity | €414k |
| Debt | €16.49M |
| of which ≤ 1y | €14.94M |
| of which > 1y | €577k |
| Working capital | €1.96M |
| Employees (FTE) | 7.8 |
| 2024 | |
|---|---|
| Current ratio | 1.13 |
| Quick ratio | 0.90 |
| Working capital ratio | 11.6% |
| Solvency | 2.5% |
| Debt / equity | 39.80 |
| Long-term debt ratio | 1.39 |
| Interest coverage | 16.05 |
| Gross margin | 45.7% |
| Net margin | 1.3% |
| ROA | 1.4% |
| ROE | 57.9% |
| EBITDA margin | 2.7% |
| Days sales outstanding | 263d |
| Days payable outstanding | 556d |
| Inventory turnover | 2.76 |
| Days inventory (DSI) | 132d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €16.91M |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €16.90M |
| Stocks & contracts in progress | 3 | €3.50M |
| Amounts receivable within one year | 40/41 | €13.07M |
| Cash & bank | 54/58 | €100k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16.91M |
| Equity | 10/15 | €414k |
| Contributions / capital | 10/11 | €25k |
| Accumulated profits (losses) | 14 | €389k |
| Amounts payable | 17/49 | €16.49M |
| Amounts payable after one year | 17 | €577k |
| Amounts payable within one year | 42/48 | €14.94M |
| Trade debts payable within one year | 44 | €14.77M |
| Income statement | ||
| Turnover | 70 | €17.84M |
| Operating result | 9901 | €472k |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €441k |
| Income taxes | 67/77 | €201k |
| Net result for the period | 9904 | €240k |
| Result to be appropriated | 9905 | €240k |
-
Current01-03-2026 → present
-
Current01-03-2022 → present
-
Current01-03-2022 → present
Former directors (1)
-
Former- → 04-08-2026
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Réviseurs d'Entreprises SRL Statutory auditor · represented by Tanguy Legein |
- | - → 02-12-2021 |
| NACE primary | Retail trade(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 06-12-2021 |
| Status | Active |
| Postal code | 1200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0004/00B002 | Brussels | 4.3 ha | 1 · 1.7 ha | 24.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-08-2026 Act object · General meeting · Officer resignation · Officer appointment
- Publication: 04/08/2026 · Smart Belgium
- Filing: 28/07/2026 · Smart Belgium
- Act object: DÉMISSION D'UN ADMINISTRATEUR - NOMINATION D'UN ADMINISTRATEUR - PROCURATION SPÉCIALE · Smart Belgium
- General meeting: 07/04/2026 · Smart Belgium
- Officer resignation: role: administrateur · Dirk Adelmann
- Officer appointment: role: administrateur, term: durée indéterminée, start_date: 2026-03-01 · Wolfgang Ufer
- Filing representative: accomplir toutes les formalités et signer tous les documents en vue du dépôt au greffe du Tribunal de l'entreprise ainsi que de la publication dans les Annexes du Moniteur belge · Tamara Zivkovic
- Filing representative: accomplir toutes les formalités et signer tous les documents en vue du dépôt au greffe du Tribunal de l'entreprise ainsi que de la publication dans les Annexes du Moniteur belge · Patrick Rosseau
Technical details
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}10-03-2026 Stefan Deloose appointed as statutory auditor
- Stefan Deloose, Commissaris
Technical details
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}08-08-2023 Tanguy Legein resigns as statutory auditor
- Tanguy Legein, Commissaris
Technical details
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}22-03-2022 2 directors appointed
- Martin Günther, Bestuurder
- Henry Wattel, Bestuurder
Technical details
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}08-12-2021 Incorporation of a new SRL
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | smart Belgium |