Smart Home Concept
ActiveThe computed 12-month bankruptcy probability of Smart Home Concept is 2.6% (moderate). The 2025 annual accounts show equity of €29k and a net result of €10k. Its solvency ranks better than 22% of 7760 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency46▲+2
Growth78
Track record82
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.12 in 2024; short-term debt: 78.7% and cash: 21% of total assets), and 78.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 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
21.3%
Return on assets
7.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 2 filingsDeviation from the deadline
2025
14 d late
2024
8 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€29k▲ 53.9%
2024 · €19k
2024: €19k
2024 → 2025
Total assets
€135k▲ 40.6%
2024 · €96k
2024: €96k
2024 → 2025
Net result
€10k▲ 15.9%
2024 · €9k
2024: €9k
2024 → 2025
Working capital
€21k▲ 255%
2024 · €6k
2024: €6k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€19k-€29k▲ 53.9%
Operating result€11k-€14k▲ 26.5%
Net result€9k-€10k▲ 15.9%
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 rises in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€8k▼ 81.4%
Current assets
€128k▲ 130%
Equity and liabilities €135k
Equity
€29k▲ 53.9%
Debt
€106k▲ 37.4%
The debt ratio falls from 80.5% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▲
2024 · €14k
Cash flow
€22k▲
2024 · €11k
Solvency
21.3%▲
2024 · 19.5%
Current ratio
1.20▲
2024 · 1.12
Quick ratio
0.87▼
2024 · 0.90
Debt / equity
3.69▼
2024 · 4.14
ROE
35.0%▼
2024 · 46.6%
ROA
7.5%▼
2024 · 9.1%
Interest coverage
16.83▼
2024 · 505.51
Debt
€106k▲
2024 · €77k
Debt ≤ 1 year
€106k▲
2024 · €49k
Debt > 1 year
€0▼
2024 · €28k
Income taxes
€3k▲
2024 · €2k
Staff costs
€81k▲
2024 · €15k
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€96k€135k▲
Formation expenses20€0€0=
Fixed assets21/28€41k€8k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€41k€8k▼
Land and buildings22-€0
Plant, machinery and equipment23€2k€6k▲
Furniture and vehicles24€39k€1k▼
Leasing and similar rights25-€0
Other tangible fixed assets26-€0
Assets under construction and advance payments27-€0
Financial fixed assets28-€0
Current assets29/58€55k€128k▲
Amounts receivable after more than one year29-€0
Trade receivables290-€0
Other amounts receivable291-€0
Stocks and contracts in progress3€11k€35k▲
Stocks30/36-€13k
Contracts in progress37€11k€23k▲
Amounts receivable within one year40/41€41k€63k▲
Trade receivables40€35k€62k▲
Other amounts receivable41€6k€721▼
Current investments50/53-€0
Cash at bank and in hand54/58€3k€28k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€96k€135k▲
Equity10/15€19k€29k▲
Contributions10/11€10k€10k=
Outside capital11€10k-
Other1109/19€10k-
Revaluation surpluses12-€0
Reserves13-€0
Non-distributable reserves130/1-€0
Reserves not available under the articles1311-€0
Own shares acquired1312-€0
Financial assistance1313-€0
Other1319-€0
Tax-exempt reserves132-€0
Distributable reserves133-€0
Profit (loss) carried forward14€9k€19k▲
Investment grants15-€0
Advance to shareholders on the distribution of net assets19-€0
Provisions and deferred taxes16-€0
Provisions for liabilities and charges160/5-€0
Pensions and similar obligations160-€0
Taxes161-€0
Major repairs and maintenance162-€0
Environmental obligations163-€0
Other liabilities and charges164/5-€0
Deferred taxes168-€0
Amounts payable17/49€77k€106k▲
Amounts payable after more than one year17€28k€0▼
Financial debts170/4€28k€0▼
Trade debts175-€0
Advances received on contracts in progress176-€0
Other amounts payable178/9-€0
Amounts payable within one year42/48€49k€106k▲
Current portion of amounts payable after more than one year42€9k€0▼
Financial debts43-€0
Credit institutions430/8-€0
Other loans439-€0
Trade debts44€4k€32k▲
Suppliers440/4€4k€32k▲
Bills of exchange payable441-€0
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€4k€15k▲
Taxes450/3€2k€8k▲
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€33k€60k▲
Accrued charges and deferred income492/3-€0
Income statement
Code20242025
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€15k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0
Other operating charges640/8€550€548▼
Operating charges capitalised as restructuring costs649-€0
Non-recurring operating charges66A-€0
Gross operating margin9900€29k€107k▲
Operating profit (loss)9901€11k€14k▲
Financial income75/76B€0€678▲
Recurring financial income75€0€678▲
Non-recurring financial income76B-€0
Financial charges65/66B€27€2k▲
Recurring financial charges65€27€2k▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€11k€13k▲
Transfer from deferred taxes780-€0
Transfer to deferred taxes680-€0
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€9k€10k▲
Transfer from tax-exempt reserves789-€0
Transfer to tax-exempt reserves689-€0
Profit (loss) for the period to be appropriated9905€9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€19k▲
Profit (loss) brought forward from the previous period14P-€9k
Transfer from equity791/2-€0
Transfer to equity691/2-€0
To contributions691-€0
To the legal reserve6920-€0
To other reserves6921-€0
Shareholders' contribution to the loss794-€0
Profit to be distributed694/7-€0
Return on contributions (dividend)694-€0
Directors or managers695-€0
Employees696-€0
Other beneficiaries697-€0
Social balance
Average headcount (FTE)9087-1.2
The notes to these accounts (19 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Wavre · 1 establishment unit since 2024
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.
Avenue Lavoisier 91300 WavreGround area
1.2 ha
Building footprint
5,431 m²
Volume, LiDAR
50,026 m³
Parcel 25112C0010/00E000, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SMART HOME CONCEPT
since 20242.357.665.865
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0010/00E000 | Wallonia | 1.2 ha | 1 · 5,431 m² | 12.7 m · 3 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.
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2024
Fiscal year end31-12
Abbreviation FR
SHC
Activities, NACEBEL
43120Site preparation
43211General electrical installation work
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:francois@sh-c.be
Phone:+32473224549