Equity
€61,061 from €264,325 in 2015
Equity fell by 77% in 10 years.
SMART CONCEPT
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €157,725 (2009)
-€10,988▼ €4,297
lowest -€53,417 (2011)
-€9,425▼ €4,268
peak €264,325 (2015)
€61,061▼ 13.4%
€5,697▲ 23.5%
peak 1 FTE (2010)
-not published
Board1 name since 2007
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€6,691 to -€10,988Loss of €9,425Equity from €70,486 to €61,061Debts from €4,611 to €5,697Cash from €226 to €3,359
Key points
from the 2025 annual accountsLosses
-€18,672 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Position in the sector
-€9,425
Lower net result than 90% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as SMART CONCEPT has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for SMART CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451351391
First establishment
Louizalaan 226, Brussels
Incorporation
published on 22-12-1993 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SMART CONCEPT Forest | €66,758 | -€10,988 | 91.5% | - |
| REDWOOD S.L. Uccle | €72,970 | -€66,992 | 12.9% | - |
| THORIMAR Niel | €67,286 | -€5,776 | 98.1% | - |
| Elektro Bedrijf Paulussen Ranst | €71,767 | €926 | 100.0% | - |
| DATACAP Kortrijk | €73,919 | €1,060 | 94.4% | - |
| CHEMEXPER Profondeville | €58,826 | -€5,661 | 94.4% | - |
| ANAITIS Liège | €57,938 | -€10,380 | 95.9% | - |
These companies have the same main activity as SMART CONCEPT: computer programming (NACE 62100). They are comparable in size and age: total assets between €57,900 and €73,900, founded between 1991 and 1995.
Official details
Source: KBO- Status
- Active since 26-11-1993Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.064.611.9401050 Brussels, since 13-12-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on SMART CONCEPT
SMART CONCEPT files the micro format. That format states no turnover. The gross margin fell from €13,682 in 2007 to -€10,988 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SMART CONCEPT
- What is the company number of SMART CONCEPT?
- The company number of SMART CONCEPT is 0451.351.391. The VAT number is the same number with BE in front: BE 0451.351.391.
- Where is SMART CONCEPT based?
- The registered office is at Van Volxemlaan 262, 1190 Forest.Company details
- What does SMART CONCEPT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of SMART CONCEPT?
- SMART CONCEPT is a private limited company (pre-2019) (BVBA).
- When was SMART CONCEPT founded?
- SMART CONCEPT was founded on 26-11-1993.
- Is SMART CONCEPT still active?
- Yes, SMART CONCEPT is an active enterprise in the KBO register.
- What is the turnover of SMART CONCEPT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SMART CONCEPT profitable?
- In financial year 2025, SMART CONCEPT made a loss of €9,425.
- Where can I find the annual accounts of SMART CONCEPT?
- SMART CONCEPT filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SMART CONCEPT due?
- SMART CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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