Equity
€1.8m ▲ 20.4%
SMART ENERGY has made a profit in every financial year since 2019.
SMART ENERGY
Overview
Lifetime
7 annual accounts with figures on one time axispeak €728,219 (2023)
€653,792▲ 0.9%
peak €431,082 (2021)
€306,442▲ 6.7%
peak €1.8m (2025)
€1.8m▲ 20.4%
€129,859▼ 66.0%
Board6 names since 2018
1 directorFrédéric Thibaut de Maisières
Owners
100%GO4GREEN
Documentsfilings and deeds
25-08-202625 days late
2025financial year
Equity from €1.5m to €1.8mDebts from €382,397 to €129,859Cash from €207,201 to €540,551
Key points
from the 2025 annual accountsTurnover
≈ €1.5m estimated
The accounts state no turnover.
Liquidity
6.62 was 1.50 in 2024
Short-term debts fell from €382,397 to €129,859.
Filings
7 annual accounts 6 late
The 2023 accounts came latest: 58 days after the end of the period.
At the same address
122 companies
Position in the sector
93.3%
Higher solvency than 95% of companies in electricity, gas and steam. Sector median 28.1% · 352 companies.
Checked score
98
Excellent
Financially stronger than 83% of micro companies in electricity, gas and steam (NACE 35)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 542 companies (NACE 35, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 25 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.62, cash €540,551
Size: total assets €1.9m
Equity €1.8m (93.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro). It does better than 88% of them on solvency, 80% on liquidity, 86% on profitability and 79% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as SMART ENERGY has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of SMART ENERGY itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,782 companies, not a prediction for SMART ENERGY. 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
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.62 (1.5 in 2024), above the usual 1.5. Short-term debt is 6.7% and cash 27.9% of total assets. 6.7% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
25 days late
2024
26 days late
2023
58 days late
2022
33 days early
2021
31 days late
2020
31 days late
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
1 director appointed, 2 resignations
Resignations: BDH-Gestion (managing director) and AlterElectra (managing director) · Appointment: Frédéric Thibaut de Maisières (sole director) · Director discharge: BDH-Gestion · General meeting of 06-06-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0716631050
Amendment of the articles
General meeting of 22-12-2023 · Gazette deed
Registered office moved from Watermael-Boistfort to Evere
Transfer of shares to GO4GREEN SA · New registered office: rue Colonel Bourg 127, 1140 EVERE · Previous registered office: Rue des Pêcheries 83 boite 21 à 1170 WATERMAEL-BOISTFORT · General meeting of 30-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SMART ENERGY Evere | €1.9m | €0.7m | 93.3% | - |
| easyPV Woluwe-Saint-Pierre | €2.0m | €0.4m | 15.8% | 0 |
| AGRO ENERGY SERVICES Halle | €1.9m | €0.6m | 14.7% | - |
| VDH DEV Houyet | €1.9m | €1.4m | 94.6% | - |
| MARCHÔVENT Fernelmont | €3.1m | €0.5m | 19.8% | - |
| EOLIENNE DE CHIMAY Tellin | €3.1m | €0.3m | 24.5% | - |
| ENERDEAL SOLAR INVEST Brussels | €1.2m | €0.3m | 16.0% | - |
These companies have the same main activity as SMART ENERGY: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €1.2m and €3.1m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 19-12-2018Normal situation
- Registered office
- 124 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Production of electricity from non-renewable sourcesNACE 35110and 1 other
- Establishment unit
- 2.310.975.8071140 Evere, since 19-12-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 28-02-2025
Annual accounts 2025
- €653,792▲ 0.9%
- €306,442▲ 6.7%
- €1.8m▲ 20.4%
- €1.9m▲ 2.9%
- Filing
- Filed on 25-08-2026
Insights on SMART ENERGY
SMART ENERGY has existed since 2018. The present size dates from 2020. The gross margin rose that year from €56,233 to €384,141.
Solvency rose in 2025 from 79.7% to 93.3% because of the retained profit and lower debts.
GO4GREEN holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 25-08-2026, 25 days late€653,792
▲ 0.9%
€419,864
▲ 0.4%
€306,442
▲ 6.7%
€729,628
▲ 283%
93.3%
▲ 13.6 percentage points
6.62
▲ 5.12
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.5m. Estimated: probably between €930,000 and €2.6m.
Balance sheet
balance sheet total €1.9m on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
93.3%
Higher than 95% of 352 companies in 2025.
6.62
Higher than 91% of 341 companies in 2025.
15.8%
Higher than 91% of 343 companies in 2025.
SMART ENERGY
Middle half of the sector
80% of the sector
Full accounts in electricity, gas and steam (NACE 35)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
1.9m | 1.9m | 2.5m | 2.3m | 2.3m | 1.8m | 661,127 | |
21/28 |
1.1m | 1.3m | 1.5m | 1.7m | 1.9m | 1.5m | 598,300 | |
21 |
40,000 | 50,000 | 60,000 | 70,000 | 80,000 | 90,000 | 100,000 | |
22/27 |
1.0m | 1.3m | 1.4m | 1.6m | 1.8m | 1.4m | 498,300 | |
23 |
1.0m | 1.3m | 1.4m | 1.6m | 1.8m | 1.4m | 498,300 | |
29/58 |
859,487 | 573,062 | 1.0m | 653,510 | 445,948 | 318,342 | 62,827 | |
40/41 |
318,797 | 365,861 | 480,420 | 270,179 | 250,649 | 148,541 | 62,827 | |
40 |
318,797 | 365,861 | 480,420 | 261,012 | 250,649 | 148,541 | 58,790 | |
41 |
- | - | - | 9,167 | - | - | 4,037 | |
54/58 |
540,551 | 207,201 | 542,258 | 382,268 | 191,625 | 169,694 | - | |
490/1 |
139 | - | 5,450 | 1,063 | 3,674 | 107 | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
1.9m | 1.9m | 2.5m | 2.3m | 2.3m | 1.8m | 661,127 | |
10/15 |
1.8m | 1.5m | 1.2m | 857,411 | 671,314 | 240,231 | 84,440 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 1,130 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 1,130 | |
14 |
1.7m | 1.4m | 1.1m | 789,211 | 603,114 | 172,031 | 21,310 | |
17/49 |
129,859 | 382,397 | 1.3m | 1.5m | 1.6m | 1.6m | 576,686 | |
17 |
- | - | - | 124,242 | 455,570 | 455,570 | - | |
170/4 |
- | - | - | 124,242 | 455,570 | 455,570 | - | |
42/48 |
129,859 | 382,397 | 1.2m | 1.4m | 1.2m | 1.1m | 576,686 | |
42 |
- | - | 128,365 | 165,662 | - | 165,662 | - | |
43 |
1,658 | 142,427 | 810,000 | 950,659 | 950,000 | 450,000 | 494,896 | |
430/8 |
- | - | - | - | - | - | 494,896 | |
439 |
1,658 | 142,427 | 810,000 | 950,659 | 950,000 | 450,000 | - | |
44 |
1,791 | 5,668 | 73,991 | 65,479 | 42,010 | 407,427 | 71,490 | |
440/4 |
1,791 | 5,668 | 73,991 | 65,479 | 42,010 | 407,427 | 71,490 | |
45 |
126,410 | 234,302 | 214,810 | 168,477 | 195,161 | 76,351 | 10,300 | |
450/3 |
126,410 | 234,302 | 214,810 | 168,477 | 195,161 | 76,351 | 10,300 | |
492/3 |
- | - | 59,438 | - | 4 | - | - | |
| Income statement | ||||||||
9900 |
653,792 | 647,773 | 728,219 | 517,988 | 722,755 | 384,141 | 56,233 | |
630 |
232,929 | 228,438 | 223,276 | 222,261 | 186,139 | 142,661 | 1,468 | |
640/8 |
998 | 968 | 960 | 868 | 348 | 799 | 348 | |
9901 |
419,864 | 418,368 | 503,983 | 294,859 | 536,269 | 240,682 | 54,418 | |
75/76B |
407 | 7,757 | - | 0 | - | - | 0 | |
75 |
407 | - | - | 0 | - | - | 0 | |
76B |
- | 7,757 | - | - | - | - | - | |
65/66B |
2,278 | 20,701 | 22,157 | 43,982 | 3,370 | 32,882 | 21,678 | |
65 |
2,278 | 20,701 | 22,157 | 43,982 | 3,370 | 32,882 | 21,678 | |
9903 |
417,994 | 405,424 | 481,825 | 250,877 | 532,899 | 207,800 | 32,740 | |
67/77 |
111,552 | 118,251 | 125,794 | 64,780 | 101,816 | 52,009 | 10,300 | |
9904 |
306,442 | 287,173 | 356,032 | 186,097 | 431,082 | 155,791 | 22,440 | |
9905 |
306,442 | 287,173 | 356,032 | 186,097 | 431,082 | 155,791 | 22,440 | |
| Appropriation of the result | ||||||||
9906 |
1.7m | 1.4m | 1.1m | 789,211 | 603,114 | 177,101 | 22,440 | |
14P |
1.4m | 1.1m | 789,211 | 603,114 | 172,031 | - | - | |
691/2 |
- | - | - | - | - | 5,070 | 1,130 | |
6920 |
- | - | - | - | - | 5,070 | 1,130 | |
| Document | ||||||||
The notes to these accounts have 7 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 25-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420269.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-08-2026 | 2026-00420269 | |
| 31-12-2024 | full format | 26-08-2025 | 2025-00402934 | |
| 31-12-2023 | full format | 27-09-2024 | 2024-00474697 | |
| 31-12-2022 | full format | 28-06-2023 | 2023-00166996 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20365265 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63000308 | |
| 31-12-2019 | full format | 24-08-2020 | 2020-44200136 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 652,793 | 646,805 | 727,259 | 517,120 | 722,408 | 383,343 | 55,886 | ||
| 539,371 | 515,611 | 579,307 | 408,359 | 617,222 | 298,452 | 23,908 | ||
| 407 | 78,693 | 16,775 | 32,570 | 577,351 | 1.0m | 598,300 | ||
| 333,350 | -335,057 | 159,990 | 190,643 | 21,931 | - | - | ||
| 729,628 | 190,664 | -199,039 | -696,767 | -741,223 | -781,098 | -513,859 | ||
| 93.3% | 79.7% | 48.5% | 36.8% | 29.0% | 13.4% | 12.8% | ||
| 6.62 | 1.50 | 0.84 | 0.48 | 0.38 | 0.29 | 0.11 | ||
| 0.07 | 0.25 | 1.06 | 1.72 | 2.45 | 6.47 | 6.83 | ||
| 17.0% | 19.1% | 29.3% | 21.7% | 64.2% | 64.9% | 26.6% | ||
| 15.8% | 15.3% | 14.2% | 8.0% | 18.6% | 8.7% | 3.4% | ||
| over 100 | 31.25 | 32.82 | 11.76 | over 100 | - | - |
EBIT margin: not included in this filing.
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 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €78,693 | €16,775 | €32,570 | €577,351 |
| €232,929 | €228,438 | €223,276 | €222,261 | €186,139 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SMART ENERGY
The operating result for 2025 is 0% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 20.3% to 6.7%. Equity is higher and debt is lower.
Large changes and their cause
- 2021 Net result +177% on 2020. The accounts now follow the full format, last year the micro format.
Board & ownership
Board
1 director, no change since 2024Sole director
since 03-06-2024
6-year term from 2024
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 25-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 25-04-2024
Mandates through the years
6 names, the dashed line is todayFrédéric Thibaut de Maisières
Sole director
Sole director
AlterElectra
Managing director
Managing director
BDH - GESTION
Managing director
Managing director
FTH
Director
Director
MASSANGE de COLLOMBS Tangui
Managing director
Managing director
THYS François
Managing director
Managing director
BoardEarlierRest of the term
Mandates as a list
- Frédéric Thibaut de Maisières
- Sole director, from 03-06-2024 to date
- AlterElectra
- Director, appointed by deed of 14-10-2020, until 06-06-2024
- Managing director, appointed by deed of 14-10-2020, until 06-06-2024
- BDH - GESTION
- Director, appointed by deed of 14-10-2020, until 06-06-2024
- Managing director, appointed by deed of 14-10-2020, until 06-06-2024
- FTH
- Director, appointed by deed of 21-12-2018, until 14-10-2020
- MASSANGE de COLLOMBS Tangui
- Director, appointed by deed of 21-12-2018, until 14-10-2020
- Managing director, appointed by deed of 21-12-2018, until 14-10-2020
- THYS François
- Director, appointed by deed of 21-12-2018, until 14-10-2020
- Managing director, appointed by deed of 21-12-2018, until 14-10-2020
Control
Parent
Equity €13.6m
Profit €819,649 in 2025 (profit €1.7m in 2024)
Checked score 93
Source: accounts GO4GREEN 2025
100%
This company
SMART ENERGY
Equity €1.8m
Profit €306,442 in 2025
Capital
- Capital
- €62,000
- Shares
- 1,000
- Contribution per share
- €62
- Equity per share
- €1,807 in 2025
- Source
- deed of 25-04-2024
Owners through the years
as the annual accounts name themOwners as a list
- GO4GREEN
Source: lists of holdings in the owners' accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-04-2024 (in French)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Au moins minimum légal,actionnaires ou non,mandat six ans maximum renouvelable sans limite,fin à tout moment avec ou sans préavis et sans…”“Moitié au moins des membres présents ou représentés, majorité absolue des voix”deed of 25-04-2024 (in French)
- Financial instrumentThe company can also issue securities other than shares, such as bonds or warrants.
- “Autorisation, assemblée générale comme en modification des statuts”deed of 25-04-2024 (in French)
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 October to 30 Septemberdeed of 09-10-2026 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of February at 16:00deed of 09-10-2026 (in French)
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 14-10-2020 ↗
- GO4GREEN SA
Share transfer
deed of 14-10-2020 ↗
- to GO4GREEN SA
Capital over time
- 25-04-2024 Capital stated in the deed · €62,000 · 1,000 shares
Network & group
Group
GO4GREEN has 3 direct subsidiaries (2025 accounts)Source: list of holdings in the 2025 accounts of GO4GREEN. Every holding stands with its own latest accounts.
At the same address
Kolonel Bourgstraat 127, 1140 Evere · 123 other companies| PARKEERAGENTSCHAP VAN HET BRUSSELS HOOFDSTEDELIJK GEWEST
establishment since 01-01-2020 · founded in 2011 |
370 FTE (2025) 0833.260.781 |
| LEMAIRE ELECTRONICS
registered office since 26-05-1994 · founded in 1994 |
total assets €81.3m (2025) 0452.619.420 |
| GO4GREEN
registered office since 06-04-2009 · founded in 2009 |
4.2 FTE (2025) 0810.981.564 |
| BABILOU BELGIUM
establishment since 01-04-2017 · founded in 2013 |
157 FTE (2025) 0537.629.329 |
| GREEN BELGIAN ENVIRONMENTAL SOLUTIONS
registered office since 18-06-2019 · founded in 2019 |
total assets €14.7m (2025) 0728.597.088 |
| ARKIA
registered office since 01-01-2018 · founded in 1996 |
total assets €13.5m (2025) 0459.430.305 |
| BDH - GESTION
registered office since 09-02-2010 · founded in 2010 |
total assets €6.6m (2025) 0823.001.745 |
| MEDIA, ANIMATION, PROMOTION
registered office since 27-10-1989 · founded in 1989 |
total assets €6.3m (2025) 0438.286.085 |
| HANDARY
registered office since 30-07-2009 · founded in 2009 |
total assets €6.1m (2025) 0817.450.771 |
| BBfarm
registered office since 18-05-2016 · founded in 2016 · negative equity (2025) |
total assets €5.4m (2025) 0654.789.689 |
Earlier ties
| ECOGEN via AlterElectra, at SMART ENERGY until 2024 · Director · deed of 21-08-2023 founded in 2021 |
total assets €2.2m (2025) |
| Eren Energy Storage Benelux via AlterElectra, at SMART ENERGY until 2024 · Managing director · deed of 14-02-2025 founded in 2025 |
total assets €1.7m (2025) |
| ABCOGEN via BDH - GESTION (at SMART ENERGY until 2024) and AlterElectra (at SMART ENERGY until 2024) · deed of 31-03-2023 founded in 2019 |
total assets €1.7m (2025) |
| PROMOUVOIR LA SECURITE via BDH - GESTION, at SMART ENERGY until 2024 · Director (not named in the articles) · deed of 03-01-2024 founded in 1979 |
16 FTE (2025) |
| Sky Is The Limit via BDH - GESTION, at SMART ENERGY until 2024 · Director (not named in the articles) · deed of 26-06-2023 founded in 2015 |
total assets €893,993 (2025) |
| L'ETANG DE VIEUSART via Frédéric Thibaut de Maisières, no longer at L'ETANG DE VIEUSART · Manager (not named in the articles) · deed of 30-03-2018 founded in 2018 |
total assets €444,048 (2025) |
Show 4 more earlier ties
| FinStrat via THYS François, at SMART ENERGY until 2020 · Permanent representative · deed of 21-02-2024 founded in 2022 |
total assets €168,905 (2025) |
| GO4GREEN PROJECT FINANCING via BDH - GESTION (at SMART ENERGY until 2024) and AlterElectra (at SMART ENERGY until 2024) · deed of 06-12-2019 No longer active |
total assets €6.5m (2019) |
| COGENBRU via BDH - GESTION (at SMART ENERGY until 2024) and AlterElectra (at SMART ENERGY until 2024) · deed of 06-12-2019 No longer active |
total assets €1.4m (2019) |
| SMARTCOGEN via BDH - GESTION (at SMART ENERGY until 2024) and AlterElectra (at SMART ENERGY until 2024) · Managing director · deed of 13-11-2019 No longer active |
total assets €358,839 (2019) |
Connections & network
2 connected companiesThis company
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Linked via shared directors
SEMOULIN PACKAGING
via Frédéric Thibaut de Maisières · Director · deed of 22-12-2025
Founded in 1977 · 84 FTE (2025)
→
ForABetter Energy & Maintenance
via Frédéric Thibaut de Maisières · Director (not named in the articles) · deed of 13-07-2026
Founded in 2026
→
Timeline
Timeline
19 events since 2018Board
Capital
Filings
Financial
Establishments
Address
Other
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Power of attorney: Alexandra RHODIUSGeneral meeting of 29-09-20262 points ▸
- General meeting, 29-09-2026
- Power of attorney, Alexandra RHODIUS
- The deed holds 1 more point.
1 director appointed, 2 resignationsResignations: BDH-Gestion (managing director) and AlterElectra (managing director) · Appointment: Frédéric Thibaut de Maisières (sole director) · Director discharge: BDH-Gestion · General meeting of 06-06-20246 points ▸
- General meeting, 06-06-2024
- Director resignation, BDH-Gestion (managing director)
- Director discharge, BDH-Gestion
- Director resignation, AlterElectra (managing director)
- Director discharge, AlterElectra
- Director appointment, Frédéric Thibaut de Maisières (sole director)
Annual accounts 2025 filed NBBfull format · 25 days late
2025
Liquidity more than quadruples current ratio 6.62 The current ratio rises from 1.50 to 6.62. Short-term debt falls from €382,397 to €129,859.
Annual accounts 2024 filed PDFfull format · 26 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0716631050
2024
Annual accounts 2023 filed PDFfull format · 58 days late
Amendment of the articlesGeneral meeting of 22-12-20232 points ▸
- General meeting, 22-12-2023
- Capital, €62,000, 1,000 shares
- The deed holds 1 more point.
2023
Equity above €1m equity €1.2m ▲41.5% With a profit in every financial year since 2019, equity grows to €1.2m.
Annual accounts 2022 filed PDFfull format · 33 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 31 days late
2021
Highest result from 2019 to 2025 net €431,082 ▲177% The operating result of €536,269 and the net result of €431,082 are both a record.
Equity above €500,000 equity €671,314 ▲179% With a profit in every financial year since 2019, equity grows to €671,314.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Equity above €200,000 equity €240,231 ▲184% With a profit in every financial year since 2019, equity grows to €240,231.
Registered office moved from Watermael-Boistfort to EvereTransfer of shares to GO4GREEN SA · New registered office: rue Colonel Bourg 127, 1140 EVERE · Previous registered office: Rue des Pêcheries 83 boite 21 à 1170 WATERMAEL-BOISTFORT · General meeting of 30-07-202020 points ▸
- General meeting, 30-07-2020
- Board meeting, 30-07-2020
- Director resignation, FTH
- Director resignation, Tangui MASSANGE DE COLLOMBS
- Director resignation, François THYS
- Director resignation, Tangui MASSANGE DE COLLOMBS (managing director), mentioned twice in the deed
- Director resignation, François THYS (managing director), mentioned twice in the deed
- Director discharge, FTH
- Director discharge, Tangui MASSANGE DE COLLOMBS
- Director discharge, François THYS
- Share transfer, GO4GREEN SA
- GO4GREEN SA is a shareholder
- Director appointment, BdH-GESTION
- Director appointment, AlterElectra
- Permanent representative, Benoît de Hollain
- Permanent representative, Dieter De Schuymer
- Registered office clause, Rue des Pêcheries 83 boite 21 à 1170 WATERMAEL-BOISTFORT
- Registered-office move, rue Colonel Bourg 127, 1140 EVERE
- Director appointment, BdH-GESTION (managing director)
- Director appointment, AlterElectra (managing director)
- The deed holds 3 more points.
Annual accounts 2019 filed PDFfull format · 24 days late
2018
IncorporationFounders: FTH, MASSANGE de COLLOMBS Tangui and THYS François · Founding capital of €62,000, 1,000 shares · Appointments: MASSANGE de COLLOMBS Tangui (managing director), THYS François (managing director) and FTH · published on 21-12-201812 points ▸
- Founder, MASSANGE de COLLOMBS Tangui (comparant)
- Founder, THYS François (comparant)
- Founder, FTH (comparante)
- Founding capital, €62,000, 1,000 shares
- Capital, €62,000, 1,000 shares
- Board rule, 3, 6
- Director appointment, MASSANGE de COLLOMBS Tangui
- Director appointment, THYS François
- Director appointment, FTH
- Permanent representative, THYS François
- Director appointment, MASSANGE de COLLOMBS Tangui (managing director)
- Director appointment, THYS François (managing director)
- The deed holds 3 more points.
First establishment Kolonel Bourgstraat 127, Evere
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SMART ENERGY was incorporated on 19 December 2018.1 The registered office was moved to Evere in 2020.2 Since 2024, Frédéric Thibaut de Maisières has served as sole director.3 Total assets rose from €661,127 in 2019 to €1.9m in 2025.4
Company details
Identity
- Enterprise number
- 0716.631.050
- VAT number
- BE 0716.631.050
- Peppol ID
- 0208:0716631050
- Other Peppol ID
- 9925:BE0716631050
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 19-12-2018
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 October to 30 Septemberdeed of 09-10-2026 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of February at 16:00deed of 09-10-2026 (in French)
- Peppol
- Reachable since 28-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SMART ENERGY in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-04-2024 (in French)
Activities
NACEBEL 202535110
Production of electricity from non-renewable sources main activity
Codes under NACEBEL 2008
35110
Electricity, gas, steam and air conditioning supply main activity
71121
Engineering activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “1. le financement et la réalisation de projets de production d'énergies renouvelables,de cogénérations à haut rendement et d'investissements…”deed of 25-04-2024 (in French)
7 activities
- 1. le financement et la réalisation de projets de production d'énergies renouvelables,de cogénérations à haut rendement et d'investissements économiseurs d'énergie et notamment le financement,la conception,l'installation et l'exploitation de toute installation dans le domaine énergétique ou de l'environnement,y compris d'installations utilisant l'énergie éolienne,solaire,aérothermique,géothermique,hydrothermique,marine et hydroélectrique,la biomasse,le gaz de décharge,le gaz des stations d'épuration d'eaux usées et le biogaz,ainsi que d'installations de cogénération à haut rendement alimentées en gaz naturel ou en biomasse
- 2. toutes opérations se rapportant directement ou indirectement aux installations électriques,à l'automatisation,à l'exploitation,la gestion technique,la surveillance et le maintenance de toutes les installations,appareils,biens et accessoires relevant de son objet,y compris les travaux d'engineering,de consultance,d'étude,de recherche,de construction,de montage et démontage,d'installation,de connexion,de mise en service,d'achat,de vente,de transport et de location,location-vente,de prestations d'entretien et de réparation
- 3. le négoce et la vente des certificats verts,la fourniture d'énergie verte,le développement et la réalisation des solutions de stockage d'énergie,de réseaux intelligents et de gestion de la demande d'énergie,ainsi que la fourniture de matériel ou services innovants dans le domaine énergétique
- 4. L'acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences
- 5. la constitution et la valorisation d'un patrimoine immobilier,tant en immeubles qu'en droits réels immobiliers,notamment l'achat,la vente,l'échange,la négociation,la transaction,la gestion,le leasing,la location meublée ou non tant en qualité de bailleur que de locataire,le lotissement,l'expertise,la revente,le courtage,la promotion,de tous biens immobiliers,situés en Belgique ou à l'étranger
- 6. l'acquisition,la vente ou l'échange de tout droit mobilier et de toute valeur mobilière,en ce compris notamment la constitution et la gestion d'un portefeuille de valeurs mobilières pour son compte propre uniquement
- 7. la prise de participations,directe ou indirecte,dans le capital de toute personne morale belge ou étrangère,existante ou à créer,de quelque manière que ce soit,notamment par voie d'apport,de fusion,de souscription et de commandite
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kolonel Bourgstraat 127 registered office 1140 Evere 3530001 Electricity, gas, steam and air conditioning supply | 19-12-2018 | 2.310.975.807 |
1 former office
- Rue des Pêcheries 83 boite 21, 1170 Watermael-Boistfort until 30-07-2020 · deed of 14-10-2020
Buildings and parcels at the address
- Ground area
- 3,304 m²
- Buildings
- 1,528 m²
- Volume, LiDAR
- 18,106 m³
- Tallest building
- 21.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21372C0123/00R000 | 3,304 m² | 1 · 1,528 m² | 21.8 m · 5 |