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Smart Fellows

Active
Private limited companyfounded 20232 yrs activeLange Molenstraat 64, 8200 Brugge, BelgiumKBO/BCE: BE 1003.277.235
Summary

Smart Fellows has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,086 and a net result of €91,086. Its solvency ranks better than 68% of 1958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency98
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.05; short-term debt: 26.5% and cash: 60.2% of total assets), and 26.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
73.5%
Return on assets
71.1%
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 09-12-2025, 53 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
53 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 December 2023, Smart Fellows was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€94,086
Total assets
€128,036
Net result
€91,086
Working capital
€69,583

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €128,036
Fixed assets €24,503
Current assets €103,533
Equity and liabilities €128,036
Equity €94,086
Debt €33,950
Debt finances 26.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€128,415
Cash flow
€100,246
Current ratio
3.05
Debt to equity
0.36
ROE
96.8%
ROA
71.1%
Interest coverage
221.33
Debt ≤ 1 year
€33,950
Income taxes
€27,594

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€128,036
Fixed assets21/28€24,503
Tangible fixed assets22/27€24,503
Land and buildings22€17,027
Furniture and vehicles24€7,476
Current assets29/58€103,533
Amounts receivable within one year40/41€25,624
Trade receivables40€25,624
Cash at bank and in hand54/58€77,021
Deferred charges and accrued income490/1€888
Equity and liabilities
Total equity and liabilities10/49€128,036
Equity10/15€94,086
Contributions10/11€3,000
Reserves13€91,086
Distributable reserves133€91,086
Amounts payable17/49€33,950
Amounts payable within one year42/48€33,950
Current portion of amounts payable after more than one year42€1,706
Trade debts44€2,287
Suppliers440/4€2,287
Taxes, remuneration and social security45€28,317
Taxes450/3€28,317
Other amounts payable47/48€1,640
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,160
Other operating charges640/8€5,082
Gross operating margin9900€133,498
Operating profit (loss)9901€119,255
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€580
Recurring financial charges65€580
Profit (loss) for the period before taxes9903€118,680
Income taxes67/77€27,594
Profit (loss) for the period9904€91,086
Profit (loss) for the period to be appropriated9905€91,086
Appropriation of the result
Profit (loss) to be appropriated9906€91,086
Transfer to equity691/2€91,086
To other reserves6921€91,086

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,160
Other operating charges640/8€5,082
Gross operating margin9900€133,498
Operating profit (loss)9901€119,255
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€580
Recurring financial charges65€580
Profit (loss) for the period before taxes9903€118,680
Income taxes67/77€27,594
Profit (loss) for the period9904€91,086
Profit (loss) for the period to be appropriated9905€91,086
Line2025
Assets
Total assets20/58€128,036
Fixed assets21/28€24,503
Tangible fixed assets22/27€24,503
Land and buildings22€17,027
Furniture and vehicles24€7,476
Current assets29/58€103,533
Amounts receivable within one year40/41€25,624
Trade receivables40€25,624
Cash at bank and in hand54/58€77,021
Deferred charges and accrued income490/1€888
Equity and liabilities
Total equity and liabilities10/49€128,036
Equity10/15€94,086
Contributions10/11€3,000
Reserves13€91,086
Distributable reserves133€91,086
Amounts payable17/49€33,950
Amounts payable within one year42/48€33,950
Current portion of amounts payable after more than one year42€1,706
Trade debts44€2,287
Suppliers440/4€2,287
Taxes, remuneration and social security45€28,317
Taxes450/3€28,317
Other amounts payable47/48€1,640
Line2025
Profit (loss) for the period9904€91,086
+ Depreciation and write-downs630€9,160
Operating cash flow (approximation)€100,246

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
09-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
895 m²
Building footprint
154 m²
Volume, LiDAR
653 m³
Parcel 31027D0128/00Y002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Smart Fellows
Lange Molenstraat 64, 8200 BruggeComputer programming, consultancy and related activities
since 20232.353.908.797
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31027D0128/00Y002 Flanders 895 m² 1 · 154 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,723 companies in this sector we hold annual accounts for 1,274. 987 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded12-12-2023
Fiscal year end30-06
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003277235
Also 9925:BE1003277235
Registered 30-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.