SMART ELECTRIC PEETERS
ActiveSummary
The computed 12-month bankruptcy probability of SMART ELECTRIC PEETERS is 2.1% (moderate). The 2025 annual accounts show equity of €428k and a net result of €86k. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 7777 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-16
Solvency85▼-15
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 4.89 in 2024; short-term debt: 15.4% and cash: 34.5% of total assets), and 40.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.9%
Return on assets
12.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
40 d early
2024
32 d early
2023
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€428k▲ 25.2%
2024 · €342k
2023: €201k
2024: €342k
2023 → 2025
Total assets
€715k▲ 67.3%
2024 · €427k
2023: €363k
2024: €427k
2023 → 2025
Net result
€86k▼ 38.8%
2024 · €141k
2023: €198k
2024: €141k
2023 → 2025
Working capital
€281k▼ 14.4%
2024 · €328k
2023: €189k
2024: €328k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€201k-€342k▲ 70.0%€428k▲ 25.2%
Operating result€284k-€210k▼ 26.2%€131k▼ 37.4%
Net result€198k-€141k▼ 29.0%€86k▼ 38.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €715k
Fixed assets
€324k ▲ 2,094%
Current assets
€391k ▼ 5.2%
Equity and liabilities €715k
Equity
€428k ▲ 25.2%
Debt
€287k ▲ 236%
Debt's share of the balance-sheet total rises from 20.0% to 40.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€137k▼
2024 · €213k
Cash flow
€92k▼
2024 · €144k
Current ratio
3.55▼
2024 · 4.89
Quick ratio
3.09▼
2024 · 4.37
Debt to equity
0.67▲
2024 · 0.25
ROE
20.1%▼
2024 · 41.2%
ROA
12.1%▼
2024 · 33.0%
Interest coverage
13.27▼
2024 · 50.94
Debt ≤ 1 year
€110k▲
2024 · €84k
Debt > 1 year
€175k
Income taxes
€41k▼
2024 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€427k€715k▲
Fixed assets21/28€15k€324k▲
Tangible fixed assets22/27€15k€324k▲
Plant, machinery and equipment23€4k€6k▲
Furniture and vehicles24€11k€12k▲
Other tangible fixed assets26-€6k
Assets under construction and advance payments27-€299k
Current assets29/58€413k€391k▼
Stocks and contracts in progress3€44k€51k▲
Stocks30/36€44k€51k▲
Amounts receivable within one year40/41€76k€94k▲
Trade receivables40€75k€57k▼
Other amounts receivable41€1k€37k▲
Cash at bank and in hand54/58€291k€246k▼
Deferred charges and accrued income490/1€1k€406▼
Equity and liabilities
Total equity and liabilities10/49€427k€715k▲
Equity10/15€342k€428k▲
Contributions10/11€3k€3k=
Reserves13€339k€425k▲
Distributable reserves133€339k€425k▲
Amounts payable17/49€85k€287k▲
Amounts payable after more than one year17-€175k
Financial debts170/4-€175k
Amounts payable within one year42/48€84k€110k▲
Current portion of amounts payable after more than one year42-€20k
Trade debts44€33k€65k▲
Suppliers440/4€33k€65k▲
Taxes, remuneration and social security45€50k€24k▼
Taxes450/3€50k€20k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€1k€1k▼
Accrued charges and deferred income492/3€945€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€335€2k▲
Gross operating margin9900€213k€139k▼
Operating profit (loss)9901€210k€131k▼
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€4k€10k▲
Recurring financial charges65€4k€10k▲
Profit (loss) for the period before taxes9903€208k€127k▼
Income taxes67/77€67k€41k▼
Profit (loss) for the period9904€141k€86k▼
Profit (loss) for the period to be appropriated9905€141k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€141k€86k▼
Transfer to equity691/2€141k€86k▼
To other reserves6921€141k€86k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €86k ▼38.8%
Net result drops to €86k, the lowest in the series.
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 4.89
Current ratio from 2.18 to 4.89; short-term debt falls from €161k to €84k.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoutleeuw · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Panisbornestraat 153440 ZoutleeuwGround area
1,502 m²
Building footprint
144 m²
Volume, LiDAR
1,006 m³
Parcel 24017A0442/00E000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMART ELECTRIC PEETERS
since 20222.334.672.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017A0442/00E000 | Flanders | 1,502 m² | 1 · 144 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 live approvalTechnicus gebouwenautomatisering en energiemanagement duaal (so)
Similar companies · same sector, comparable size
SEYNAEVE MARC
BE 0898.939.778
Zwevegem · Eq €428,263
LIEVENS TECHNICS
BE 0474.985.937
Haaltert · Eq €428,055
ALAIN DANIELS
BE 0460.850.661
Brecht · Eq €428,698
SANITAIR DE WINTER
BE 0435.021.442
Brasschaat · Eq €427,780
Firma Robert Arens
BE 0407.925.184
Sankt Vith · Eq €428,863
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,200 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2022
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.