SMART DEV
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €140,000 and €210,000.
Balance sheet
balance sheet total €117,896 on 31-12-2025in euro
in euro
Position in the sector
48.0%
Higher than 40% of 21,217 companies in 2025.
1.96
Higher than 42% of 20,581 companies in 2025.
18.8%
Higher than 51% of 20,756 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€25,704
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
117,896 | 99,186 | |
21/28 |
37,836 | 47,226 | |
22/27 |
37,836 | 47,226 | |
23 |
478 | - | |
24 |
930 | 1,178 | |
25 |
36,429 | 46,048 | |
29/58 |
80,060 | 51,960 | |
40/41 |
36,478 | 13,167 | |
40 |
13,653 | 13,167 | |
41 |
22,824 | - | |
54/58 |
43,582 | 37,168 | |
490/1 |
- | 1,625 | |
| Balance sheet: equity and liabilities | |||
10/49 |
117,896 | 99,186 | |
10/15 |
56,645 | 34,490 | |
10/11 |
2,500 | 2,500 | |
14 |
54,145 | 31,990 | |
17/49 |
61,251 | 64,695 | |
17 |
20,404 | 31,290 | |
170/4 |
20,404 | 31,290 | |
42/48 |
40,847 | 33,405 | |
42 |
10,886 | 9,681 | |
44 |
781 | 2,053 | |
440/4 |
781 | 2,053 | |
45 |
27,848 | 19,058 | |
450/3 |
24,179 | 16,637 | |
454/9 |
3,669 | 2,421 | |
47/48 |
1,332 | 2,614 | |
| Income statement | |||
9900 |
71,208 | 67,084 | |
62 |
25,704 | 17,365 | |
630 |
10,014 | 2,112 | |
640/8 |
3,327 | 45 | |
9901 |
32,163 | 47,562 | |
75/76B |
825 | 0 | |
75 |
825 | 0 | |
65/66B |
2,921 | 909 | |
65 |
2,921 | 909 | |
9903 |
30,067 | 46,652 | |
67/77 |
7,912 | 9,698 | |
9904 |
22,155 | 36,954 | |
9905 |
22,155 | 36,954 | |
| Appropriation of the result | |||
9906 |
54,145 | 32,823 | |
14P |
31,990 | -4,131 | |
694/7 |
- | 833 | |
694 |
- | 833 | |
| Social balance sheet | |||
9087 |
1 | 1 | |
Hours worked1013 |
- | 798 | |
| Document | |||
The accounts for financial year 2023 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 6 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 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 42,177 | 49,674 | ||
| 32,169 | 39,066 | ||
| 625 | 49,338 | ||
| 6,414 | - | ||
| 39,213 | 18,554 | ||
| 48.0% | 34.8% | ||
| 1.96 | 1.56 | ||
| 1.08 | 1.88 | ||
| 39.1% | 107.1% | ||
| 18.8% | 37.3% | ||
| 14.44 | 54.62 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| - | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €625 | €49,338 |
| €10,014 | €2,112 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on SMART DEV
The operating result for 2025 is 32% lower than in 2024.
Debt's share of the balance-sheet total falls from 65.2% to 52.0%. Equity is higher and debt is lower.