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Smart Buildings

Active
Private limited companyfounded 20197 years activeEnergielaan 16, 2950 Kapellen, BelgiumKBO/BCE: BE 0721.821.540
Summary

The computed 12-month bankruptcy probability of Smart Buildings is 5.1% (elevated). The 2024 annual accounts show negative equity (-€142,733) and a net result of €332,879. Equity is shrinking by ~60.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 7,481 sector peers (NACE 43, fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€164,584total assets 2024
Equity
-€142,733
Profit
€332,879
Turnover not published (abridged schema)
Financial health
38 Weak Checked score 2024
Bankruptcy probability, 12 months
5.1%
Structure
Largest shareholder
MANTRACO · 33.33%
Accounts 68 days overdue0 of 4 deeds read
Why 38- Figures for FY 2024 (filed 25-04-2025)- 1 financial year not filed after the legal deadline; 2 of the last 3 late- Founded in 2019+ Size: total assets €164,584Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -86.7% of total assets
Liquidity 1+1
short-term debt 186.7% · cash 1.0%
Profitability 100+100
return on assets 202.3%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 13.0%highest value 12-2024: 13.0%● unchanged vs 11-2024 01-2025: 13.0%● unchanged vs 12-2024 02-2025: 13.0%● unchanged vs 01-2025 03-2025: 13.0%● unchanged vs 02-2025 04-2025: 13.0%● unchanged vs 03-2025 05-2025: 3.5%▼ -9.5 percentage points vs 04-2025 06-2025: 3.1%▼ -0.4 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.0%▼ -0.1 percentage points vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 2.9%▼ -0.1 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 2.8%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 3.6%▲ +0.8 percentage points vs 07-2026 09-2026: 3.8%▲ +0.2 percentage points vs 08-2026 10-2026: 5.1%▲ +1.3 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.54 against 0.31 in 2023; short-term debt: 186.7% and cash: 1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 2% on liquidity, 93% on profitability and 87% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 25-04-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €164,584
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2019
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7481 sector peers (2024).
NBB · sector comparison
Position among 7481 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-04-2025, 97 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
97 days early
2023
268 days late
2022
634 days late
2021
449 days late
2020
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 245 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€142,733 View
  • Caution: Among the weakest 5% on solvencysector median 43.5% · 7,481 companies -86.7% View
  • Positive: Back in profit in 2024after -€433,869 in 2023 €332,879 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€164,584
Profit
€332,879
Solvency
-86.7%
Total assets▼ 22.3%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 31-12-2024Back to profit
  2. 31-12-2023Weakest financial year
  3. 23-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
04-03-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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