SMART CONSTRUCT

Active Risk: not assessed Public limited companyfounded 2006active for 20 yearsDriekruisenstraat 105, 3700 TongerenKBO/BCE: BE 0880.859.770

SMART CONSTRUCT

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Overview

Lifetime

20 annual accounts with figures on one time axis

Compare with

peak -€673 (2010)

-€2,745▲ €501

lowest -€3,807 (2024)

-€3,322▲ €485

peak €139,664 (2011)

€106,975▼ 3.0%

€34,000▲ 9.7%

Board2 names since 2018

2 directors and 1 other

Documentsfilings and deeds

13-07-202618 days before the deadline

2025abbreviated format

Gross margin from -€3,246 to -€2,745Loss of €3,322

Key points

from the 2025 annual accounts

Losses

-€32,689 in 14 years

Every financial year from 2012 to 2025 closed with a loss. 2024 was the heaviest.

Filings

20 annual accounts since 2006

Three of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.

Position in the sector

€106,975

Less equity than 81% of companies in financial services. Sector median €681,414 · 7,180 companies.

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director

Shares in 1 company,

Board & ownership

Recent changes

03-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0880859770

16-07-2018

Reappointments: (managing director) and (director) General meeting of 01-06-2018 · Gazette deed

27-06-2006

First establishment Driekruisenstraat 105, Tongeren-Borgloon

03-04-2006

Incorporation published on 03-05-2006 · Gazette deed

All 29 events

Comparable companies

same main activity, similar in size and age

Company
SMART CONSTRUCT Tongeren	€140,975	-€2,745	75.9%	-
EASY CONSTRUCT Tongeren	€140,963	-€2,745	75.9%	-
T & K Tongeren-Borgloon	€113,070	-€2,072	97.3%	-
ERNO Hamont-Achel	€164,508	-€21,118	-80.9%	-
JED Houthalen-Helchteren	€137,338	-€6,232	96.7%	-
LASSUP Alken	€122,908	-€32,200	45.3%	-
CONTENT-IT Hove	€152,403	-€38,242	74.3%	-

These companies have the same main activity as SMART CONSTRUCT: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €113,000 and €165,000, founded between 2004 and 2009.

Official details

Source: KBO

Status: Active since 03-04-2006Normal situation
Activity: Activities of holding companiesNACE 64210
Establishment unit: 2.154.698.6123700 Tongeren-Borgloon, since 27-06-2006
Financial year end: 31 December
Peppol: Reachable since 03-12-2025

Company details

Annual accounts 2025

: €3,322▼ 12.7%
: €106,975▼ 3.0%
: €140,975▼ 0.2%
Filing: Filed on 13-07-2026, 18 days before the end of the filing period

Financials

Insights on SMART CONSTRUCT

SMART CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from -€1,447 in 2006 to -€2,745 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

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 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with 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	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	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

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.

Download as CSV

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	PDF
31-12-2024	abbreviated format	01-07-2025	2025-00215414	PDF
31-12-2023	abbreviated format	12-06-2024	2024-00137041	PDF
31-12-2022	abbreviated format	10-07-2023	2023-00228167	PDF
31-12-2021	abbreviated format	30-08-2022	2022-20344328	PDF
31-12-2020	abbreviated format	23-08-2021	2021-52500548	PDF
31-12-2019	micro format	30-06-2020	2020-23800552	PDF
31-12-2018	micro format	19-08-2019	2019-47500318	PDF
31-12-2017	micro format	26-06-2018	2018-23300552	PDF
31-12-2016	micro format	16-06-2017	2017-18200461	PDF
31-12-2015	abbreviated format	28-06-2016	2016-23600061	PDF
31-12-2014	abbreviated format	01-07-2015	2015-25400481	PDF
31-12-2013	abbreviated format	04-07-2014	2014-27300013	PDF
31-12-2012	abbreviated format	02-07-2013	2013-25600348	PDF
31-12-2011	abbreviated format	03-07-2012	2012-25300159	PDF
31-12-2010	abbreviated format	29-06-2011	2011-22900576	PDF
31-12-2009	abbreviated format	05-07-2010	2010-27800150	PDF
31-12-2008	abbreviated format	02-07-2009	2009-37400096	PDF
31-12-2007	full format	01-07-2008	2008-34400273	PDF
31-12-2006	abbreviated format	05-07-2007	2007-34500309	PDF

Key figures and ratios

per financial year, computed from the annual accounts

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.

Board & ownership

Board

2 directors

Managing director

in office according to the deed of 16-07-2018

listed in the 2025 annual accounts, filed on 13-07-2026

Director

in office according to the deed of 16-07-2018

listed in the 2025 annual accounts, filed on 13-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Managing director

Director

BoardEarliermandate already running before its first mentionend not dated

Mandates as a list

- Managing director, from 01-06-2018 to date
- Managing director, from before 16-07-2018, last mentioned in 2018
- Director, from 01-06-2018 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital: €78,000
Source: 2025 annual accounts

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros

This companySMART CONSTRUCT1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

BE 47.62% €290,233 result -€7,372

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

At the same address

Driekruisenstraat 105, 3700 Tongeren-Borgloon · 3 other companies

Bouwfirma Houbrechts - Construction Houbrechts registered office since 07-02-2011 · founded in 2010	5 FTE (2025) 0831.496.074
EUROPA 2000 registered office since 30-08-1989 · founded in 1989	0.8 FTE (2025) 0438.147.416
EASY CONSTRUCT registered office since 27-06-2006 · founded in 2006	total assets €140,963 (2025) 0880.858.582

Holdings and subsidiaries

1 holding

Share, source and own figures per holding (1)

Equity €290,233 Loss of €7,372 in 2025 (loss of €7,482 in 2024) Checked score
Sourceown accounts 2025

47.62%

Holdings through the years 2006 to 2025

Holdings through the years
Name	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
2006 to 2022: 48% 2023 to 2025: 47.62%	48%																	47.62%

Source: list of holdings in its own accounts

Connections & network

2 current directors

Depth

The network starts from the directors of SMART CONSTRUCT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

29 events since 2006

Board

Filings

Financial

Establishments

20062008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

13-07-2026

Annual accounts 2025 filed NBBabbreviated format · 18 days before the deadline

2025

03-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0880859770

01-07-2025

Annual accounts 2024 filed PDFabbreviated format · 30 days before the deadline

2024

31-12-2024

Weakest financial year net -€3,807 The net result drops to -€3,807, the lowest from 2006 to 2025. It recovers the following year.

12-06-2024

Annual accounts 2023 filed PDFabbreviated format · 49 days before the deadline

2023

10-07-2023

Annual accounts 2022 filed PDFabbreviated format · 21 days before the deadline

2022

30-08-2022

Annual accounts 2021 filed PDFabbreviated format · 30 days late

2021

23-08-2021

Annual accounts 2020 filed PDFabbreviated format · 23 days late

2020

30-06-2020

Annual accounts 2019 filed PDFmicro format · 31 days before the deadline

2019

19-08-2019

Annual accounts 2018 filed PDFmicro format · 19 days late

2018

16-07-2018

Reappointments: (managing director) and (director)General meeting of 01-06-20183 points ▸

General meeting, 01-06-2018
Director reappointment, (managing director)
Director reappointment,

Open the deed in the Belgian Official Gazette

26-06-2018

Annual accounts 2017 filed PDFmicro format · 35 days before the deadline

2017

16-06-2017

Annual accounts 2016 filed PDFmicro format · 45 days before the deadline

2016

28-06-2016

Annual accounts 2015 filed PDFabbreviated format · 33 days before the deadline

2015

01-07-2015

Annual accounts 2014 filed PDFabbreviated format · 30 days before the deadline

2014

04-07-2014

Annual accounts 2013 filed PDFabbreviated format · 27 days before the deadline

2013

02-07-2013

Annual accounts 2012 filed PDFabbreviated format · 29 days before the deadline

2012

03-07-2012

Annual accounts 2011 filed PDFabbreviated format · 28 days before the deadline

2011

31-12-2011

Liquidity more than doubled current ratio 1.00 The current ratio rises from 0.41 to 1.00.

29-06-2011

Annual accounts 2010 filed PDFabbreviated format · 32 days before the deadline

2010

31-12-2010

Back to profit net €22,518 The net result is €22,518, after one loss-making year.

05-07-2010

Annual accounts 2009 filed PDFabbreviated format · 26 days before the deadline

2009

02-07-2009

Annual accounts 2008 filed PDFabbreviated format · 29 days before the deadline

2008

31-12-2008

Equity above €100,000 equity €108,873 ▲23.5% After 2 profitable years in a row, equity reaches €108,873.

01-07-2008

Annual accounts 2007 filed PDFfull format · 30 days before the deadline

2007

31-12-2007

Back to profit net €12,986 The net result is €12,986, after one loss-making year.

05-07-2007

Annual accounts 2006 filed PDFabbreviated format · 26 days before the deadline

2006

27-06-2006

First establishment Driekruisenstraat 105, Tongeren-Borgloon

03-04-2006

Incorporation PDFpublished on 03-05-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 3 April 2006, SMART CONSTRUCT was incorporated.¹ Total assets went from €140,109 in 2018 to €140,975 in 2025.²

Company details

Identity

Enterprise number: 0880.859.770
VAT number: BE 0880.859.770
Peppol ID: 0208:0880859770
Legal form: Public limited company
Status: Active, normal situation
Founded: 03-04-2006
Financial year: ends on 31 December
Peppol: Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: SMART CONSTRUCT in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

64210 Activities of holding companies main activity

Codes under NACEBEL 2008

64200 Holdings main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Driekruisenstraat 105 registered office 3700 Tongeren-Borgloon 4100101 General construction of residential buildings	27-06-2006	2.154.698.612

Buildings and parcels at the address

Ground area: 477 m²
Buildings: 146 m²
Volume, LiDAR: 1,070 m³
Tallest building: 13.1 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

4 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
73347A0410/00C003	477 m²	1 · 146 m²	13.1 m · 2

Overview

Lifetime

Key points

Losses

Filings

Position in the sector

Checked score

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SMART CONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency75.9%

Return on assets-2.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SMART CONSTRUCT

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

Holdings

Belgium 1 Equity Result

At the same address

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

75.9%

-2.4%