SMART ENERGY TECHNICS
ActiveSMART ENERGY TECHNICS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378k and a net result of €49k. Equity is growing by ~43.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-15
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.72 against 3.94 in 2024; short-term debt: 10.8% and cash: 73.9% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← 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
87.6%
Return on assets
11.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
65 d early
2022
13 d early
2021
52 d early
2020
29 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€378k▲ 10.0%
2024 · €344k
2018: €35k
2019: €43k
2020: €82k
2021: €80k
2022: €127k
2023: €259k
2024: €344k
2018 → 2025
Total assets
€432k▼ 8.5%
2024 · €472k
2018: €53k
2019: €56k
2020: €164k
2021: €91k
2022: €204k
2023: €407k
2024: €472k
2018 → 2025
Net result
€49k▼ 54.4%
2024 · €108k
2018: €4k
2019: €8k
2020: €39k
2021: €18k
2022: €67k
2023: €166k
2024: €108k
2018 → 2025
Working capital
€359k▲ 10.2%
2024 · €326k
2018: €35k
2019: €43k
2020: €81k
2021: €79k
2022: €126k
2023: €255k
2024: €326k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€127k▲ 59.2%€259k▲ 104%€344k▲ 32.6%€378k▲ 10.0%
Operating result€25k-€91k▲ 267%€222k▲ 145%€145k▼ 34.7%€68k▼ 53.2%
Net result€18k-€67k▲ 271%€166k▲ 147%€108k▼ 34.6%€49k▼ 54.4%
Turnover and EBIT margin not published: the 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 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€26k▼ 25.8%
Current assets
€406k▼ 7.1%
Equity and liabilities €432k
Equity
€378k▲ 10.0%
Debt
€53k▼ 58.2%
The debt ratio falls from 27.1% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▼
2024 · €150k
Cash flow
€58k▼
2024 · €114k
Solvency
87.6%▲
2024 · 72.9%
Current ratio
8.72▲
2024 · 3.94
Quick ratio
8.24▲
2024 · 3.76
Debt / equity
0.14▼
2024 · 0.37
ROE
13.1%▼
2024 · 31.6%
ROA
11.5%▼
2024 · 23.0%
Interest coverage
66.08▼
2024 · 135.35
Debt
€53k▼
2024 · €128k
Debt ≤ 1 year
€46k▼
2024 · €111k
Debt > 1 year
€7k▼
2024 · €17k
Income taxes
€17k▼
2024 · €36k
Staff costs
€56k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€472k€432k▼
Fixed assets21/28€35k€26k▼
Tangible fixed assets22/27€35k€26k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€30k€23k▼
Current assets29/58€437k€406k▼
Stocks and contracts in progress3€20k€22k▲
Stocks30/36€20k€22k▲
Amounts receivable within one year40/41€147k€64k▼
Trade receivables40€106k€50k▼
Other amounts receivable41€41k€14k▼
Cash at bank and in hand54/58€269k€319k▲
Deferred charges and accrued income490/1€420€420=
Equity and liabilities
Total equity and liabilities10/49€472k€432k▼
Equity10/15€344k€378k▲
Contributions10/11€6k€6k=
Reserves13€338k€372k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€336k€370k▲
Amounts payable17/49€128k€53k▼
Amounts payable after more than one year17€17k€7k▼
Financial debts170/4€17k€7k▼
Amounts payable within one year42/48€111k€46k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€76k€31k▼
Suppliers440/4€76k€31k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€772-
Other amounts payable47/48€17k-
Income statement
Code20242025
Remuneration, social security and pensions62€31k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€714€849▲
Gross operating margin9900€185k€134k▼
Operating profit (loss)9901€145k€68k▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€144k€67k▼
Income taxes67/77€36k€17k▼
Profit (loss) for the period9904€108k€49k▼
Profit (loss) for the period to be appropriated9905€108k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€49k▼
Transfer from equity791/2€24k-
Transfer to equity691/2€108k€34k▼
To other reserves6921€108k€34k▼
Profit to be distributed694/7€24k€15k▼
Return on contributions (dividend)694€24k€15k▼
The notes to these accounts (5 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 8.72
Current ratio from 3.94 to 8.72; short-term debt falls from €111k to €46k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €166k ▲147%
Operating result €222k, net result €166k, both a record.
31-12
Financial
Equity above €200kEq €259k ▲104%
6 profitable years in a row build equity to €259k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €127k ▲59.2%
5 profitable years in a row build equity to €127k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 7.86
Current ratio from 1.98 to 7.86; short-term debt falls from €82k to €12k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Aalst · 1 establishment unit since 2013
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.
Wijngaardveld 29C9300 AalstGround area
1.8 ha
Building footprint
6,821 m²
Volume, LiDAR
47,850 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMART ENERGY TECHNICS
since 20132.216.829.090
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0161/00E000 | Flanders | 1.5 ha | 1 · 6,592 m² | 11.9 m · 2 fl. |
| 23021B0764/00R002 | Flanders | 3,079 m² | 1 · 228 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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WHITE SWAN
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Of 815 companies in sector 35110 we hold annual accounts for 631. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2013
Fiscal year end31-12
Activities, NACEBEL
35110Production of electricity from non-renewable sources
43211General electrical installation work
71209Other technical testing and analysis
72101Research and development on biotechnology
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.smartenergytechnics.be
E-mail:info@smartenergytechnics.be