SMART CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 13-07-2026, 18 days before the deadline€106,975
▼ 3.0%
€140,975
▼ 0.2%
-€3,322
▲ €485
75.9%
▼ 2.2 percentage points
-3.1%
▲ 0.3 percentage points
-2.4%
▲ 0.3 percentage points
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €140,975 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
75.9%
Higher than 72% of 7,180 companies in 2025.
-2.4%
Higher than 10% of 7,142 companies in 2025.
SMART CONSTRUCT
Middle half of the sector
80% of the sector
Abbreviated accounts in financial services (NACE 64)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
140,975 | 141,297 | 140,103 | 140,333 | 140,208 | 140,656 | 140,355 | 140,109 | 139,948 | 140,693 | 140,674 | 142,512 | 144,273 | 146,068 | 157,550 | 146,990 | 142,104 | 163,420 | 143,591 | 140,867 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1,257 | |
21/28 |
139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 140,867 | |
28 |
139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | 139,610 | |
29/58 |
1,365 | 1,687 | 493 | 723 | 598 | 1,046 | 745 | 499 | 338 | 1,083 | 1,064 | 2,902 | 4,663 | 6,458 | 17,940 | 7,380 | 2,494 | 23,810 | 3,981 | 0 | |
40/41 |
- | - | - | - | - | - | - | - | - | - | - | 18 | 14 | 49 | 53 | 25 | 25 | - | - | - | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 49 | - | - | - | - | - | - | |
41 |
- | - | - | - | - | - | - | - | - | - | - | 18 | 14 | - | 53 | 25 | 25 | - | - | - | |
54/58 |
1,365 | 1,687 | 493 | 723 | 598 | 1,046 | 745 | 499 | 338 | 1,083 | 1,064 | 2,883 | 4,649 | 6,409 | 17,887 | 7,356 | 2,469 | - | 3,981 | 0 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23,810 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
140,975 | 141,297 | 140,103 | 140,333 | 140,208 | 140,656 | 140,355 | 140,109 | 139,948 | 140,693 | 140,674 | 142,512 | 144,273 | 146,068 | 157,550 | 146,990 | 142,104 | 163,420 | 143,591 | 140,867 | |
10/15 |
106,975 | 110,297 | 114,103 | 117,256 | 120,208 | 122,517 | 124,279 | 126,035 | 127,948 | 129,693 | 131,604 | 133,442 | 135,273 | 137,006 | 139,664 | 129,166 | 106,648 | 108,873 | 88,191 | 75,205 | |
10/11 |
78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | |
10 |
78,000 | 78,000 | 78,000 | 78,000 | 78,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | 78,000 | |
13 |
7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | - | |
130/1 |
7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | - | |
14 |
21,175 | 24,497 | 28,303 | 31,456 | 34,408 | 36,717 | 38,479 | 40,235 | 42,148 | 43,893 | 45,804 | 47,642 | 49,473 | 51,206 | 53,864 | 43,366 | 20,848 | 23,073 | 2,391 | -2,795 | |
17/49 |
34,000 | 31,000 | 26,000 | 23,077 | 20,000 | 18,139 | 16,076 | 14,074 | 12,000 | 11,000 | 9,070 | 9,070 | 9,000 | 9,062 | 17,886 | 17,824 | 35,456 | 54,547 | 55,399 | 65,662 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | 25,000 | 50,000 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | 25,000 | 50,000 | |
42/48 |
34,000 | 31,000 | 26,000 | 23,077 | 20,000 | 18,139 | 16,076 | 14,074 | 12,000 | 11,000 | 9,070 | 9,070 | 9,000 | 9,062 | 17,886 | 17,824 | 35,456 | 42,047 | 30,399 | 15,662 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | 24,214 | 12,500 | 12,500 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | - | - | |
44 |
- | - | 0 | 77 | - | 139 | 76 | 74 | - | - | 70 | 70 | - | 62 | 62 | - | 132 | - | 75 | 0 | |
440/4 |
- | - | 0 | 77 | - | 139 | 76 | 74 | - | - | 70 | 70 | - | 62 | 62 | - | 132 | - | 75 | 0 | |
47/48 |
34,000 | 31,000 | 26,000 | 23,000 | 20,000 | 18,000 | 16,000 | 14,000 | 12,000 | 11,000 | 9,000 | 9,000 | 9,000 | 9,000 | 17,824 | 17,824 | 22,824 | 17,825 | 17,824 | 3,162 | |
| Income statement | |||||||||||||||||||||
9900 |
-2,745 | -3,246 | -2,521 | -2,366 | -1,727 | -1,200 | -1,602 | -1,762 | -1,599 | -1,703 | -1,701 | -1,701 | -1,674 | -2,518 | -1,791 | -673 | -939 | -727 | -716 | -1,447 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 716 | 1,447 | |
630 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,257 | - | |
640/8 |
549 | 534 | 608 | 562 | 560 | 541 | 138 | 136 | 135 | 196 | 132 | 132 | 96 | 361 | 264 | 68 | 132 | 480 | 480 | 348 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
9901 |
-3,294 | -3,780 | -3,130 | -2,928 | -2,286 | -1,741 | -1,740 | -1,898 | -1,734 | -1,899 | -1,833 | -1,833 | -1,770 | -2,879 | -2,055 | -741 | -1,071 | -1,207 | -2,453 | -1,795 | |
75/76B |
3 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 22 | 55 | 235 | 12,572 | 23,974 | 221 | 23,898 | 19,079 | - | |
75 |
3 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 22 | 55 | 235 | 12,572 | 23,974 | 221 | 23,898 | 19,079 | - | |
65/66B |
30 | 29 | 24 | 24 | 23 | 21 | 17 | 15 | 12 | 12 | 9 | 20 | 18 | 15 | 19 | 715 | 1,375 | 2,009 | 3,640 | 1,000 | |
65 |
30 | 29 | 24 | 24 | 23 | 21 | 17 | 15 | 12 | 12 | 9 | 20 | 18 | 15 | 19 | 715 | 1,375 | 2,009 | 3,640 | 1,000 | |
9903 |
-3,322 | -3,807 | -3,152 | -2,952 | -2,309 | -1,762 | -1,756 | -1,913 | -1,745 | -1,911 | -1,837 | -1,832 | -1,733 | -2,658 | 10,498 | 22,518 | -2,225 | 20,682 | 12,986 | -2,795 | |
67/77 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 1 | - | - | - | - | - | - | - | 0 | - | |
9904 |
-3,322 | -3,807 | -3,152 | -2,952 | -2,309 | -1,762 | -1,756 | -1,913 | -1,745 | -1,911 | -1,837 | -1,832 | -1,733 | -2,658 | 10,498 | 22,518 | -2,225 | 20,682 | 12,986 | -2,795 | |
9905 |
-3,322 | -3,807 | -3,152 | -2,952 | -2,309 | -1,762 | -1,756 | -1,913 | -1,745 | -1,911 | -1,837 | -1,832 | -1,733 | -2,658 | 10,498 | 22,518 | -2,225 | 20,682 | 12,986 | -2,795 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
21,175 | 24,497 | 28,303 | 31,456 | 34,408 | 36,717 | 38,479 | 40,235 | 42,148 | 43,893 | 45,804 | 47,642 | 49,473 | 51,206 | 53,864 | 43,366 | 20,848 | 23,073 | 10,191 | -2,795 | |
14P |
24,497 | 28,303 | 31,456 | 34,408 | 36,717 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,800 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,800 | - | |
| Document | |||||||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00283196 | |
| 31-12-2024 | abbreviated format | 01-07-2025 | 2025-00215414 | |
| 31-12-2023 | abbreviated format | 12-06-2024 | 2024-00137041 | |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00228167 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20344328 | |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52500548 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23800552 | |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47500318 | |
| 31-12-2017 | micro format | 26-06-2018 | 2018-23300552 | |
| 31-12-2016 | micro format | 16-06-2017 | 2017-18200461 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-23600061 | |
| 31-12-2014 | abbreviated format | 01-07-2015 | 2015-25400481 | |
| 31-12-2013 | abbreviated format | 04-07-2014 | 2014-27300013 | |
| 31-12-2012 | abbreviated format | 02-07-2013 | 2013-25600348 | |
| 31-12-2011 | abbreviated format | 03-07-2012 | 2012-25300159 | |
| 31-12-2010 | abbreviated format | 29-06-2011 | 2011-22900576 | |
| 31-12-2009 | abbreviated format | 05-07-2010 | 2010-27800150 | |
| 31-12-2008 | abbreviated format | 02-07-2009 | 2009-37400096 | |
| 31-12-2007 | full format | 01-07-2008 | 2008-34400273 | |
| 31-12-2006 | abbreviated format | 05-07-2007 | 2007-34500309 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 139,610 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 139,610 | ||
| -322 | 1,193 | -229 | 125 | -448 | 301 | 246 | 161 | -745 | 19 | -1,819 | -1,766 | -1,759 | -11,478 | 10,531 | 4,887 | - | - | 3,981 | - | ||
| 75.9% | 78.1% | 81.4% | 83.6% | 85.7% | 87.1% | 88.5% | 90.0% | 91.4% | 92.2% | 93.6% | 93.6% | 93.8% | 93.8% | 88.6% | 87.9% | 75.0% | 66.6% | 61.4% | 53.4% | ||
| -3.1% | -3.5% | -2.8% | -2.5% | -1.9% | -1.4% | -1.4% | -1.5% | -1.4% | -1.5% | -1.4% | -1.4% | -1.3% | -1.9% | 7.5% | 17.4% | -2.1% | 19.0% | 14.7% | -3.7% | ||
| -2.4% | -2.7% | -2.2% | -2.1% | -1.6% | -1.3% | -1.3% | -1.4% | -1.2% | -1.4% | -1.3% | -1.3% | -1.2% | -1.8% | 6.7% | 15.3% | -1.6% | 12.7% | 9.0% | -2.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €0 | €0 | €139,610 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SMART CONSTRUCT
The operating result for 2025 is a loss of €3,294, smaller than the loss of €3,780 in 2024.
Debt's share of the balance-sheet total rises from 21.9% to 24.1%. Equity is lower and debt is higher.