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SMART NETWORKS

Active
Private limited companyfounded 201610 yrs activeAllée des Bruyères(Thy) 5, 5651 Walcourt, BelgiumKBO/BCE: BE 0655.774.537
Summary

SMART NETWORKS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1 and a net result of €22,307. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 33926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
SMART NETWORKSActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211NACE 74300Translation services NACE 74301
1 site
Size
€200,889total assets 2025
Staff
0.9 FTE
Equity
€1
Profit
€22,307
Financial health
67 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts 64 d early0 of 2 deeds read
Why 67- Sector Specialised construction activities (NACE 43)- Equity €1 (0.0% of total assets)+ Liquidity: current ratio 0.74, cash €54,096+ Size: total assets €200,889Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 24% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 25-17
equity 0.0% of total assets
Liquidity 34-9
short-term debt 100.0% · cash 26.9%
Profitability 83-5
return on assets 11.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%▲ +3.1% vs 11-2024 01-2025: 1.7%▲ +14.0% vs 12-2024highest value 02-2025: 0.5%▼ -68.4% vs 01-2025 03-2025: 0.5%● 0.0% vs 02-2025 04-2025: 0.5%● 0.0% vs 03-2025 05-2025: 0.5%● 0.0% vs 04-2025 06-2025: 0.5%● 0.0% vs 05-2025 07-2025: 0.5%▼ -2.6% vs 06-2025lowest value 08-2025: 0.5%● 0.0% vs 07-2025lowest value 09-2025: 0.5%● 0.0% vs 08-2025lowest value 10-2025: 0.6%▲ +16.9% vs 09-2025 11-2025: 0.6%▼ -4.0% vs 10-2025 12-2025: 0.6%▼ -2.5% vs 11-2025 01-2026: 0.6%▲ +11.2% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%● 0.0% vs 02-2026 04-2026: 0.6%● 0.0% vs 03-2026 05-2026: 0.6%● 0.0% vs 04-2026 06-2026: 0.6%● 0.0% vs 05-2026 07-2026: 0.6%▼ -1.1% vs 06-2026 08-2026: 0.6%● 0.0% vs 07-2026 09-2026: 0.6%● 0.0% vs 08-2026 10-2026: 0.7%▲ +9.2% vs 09-2026
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Equity €1 (0.0% of total assets) raises the probability
  • Liquidity: current ratio 0.74, cash €54,096 lowers the probability
  • Size: total assets €200,889 lowers the probability for this profile
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 8%, liquidity 22%, profitability 65%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Equity €1 (0.0% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.74, cash €54,096
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €200,889
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 33926 sector peers (2025).
NBB · sector comparison
Position among 33926 sector peers
Solvency
better than 9%
← weakest strongest →
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 28-11-2025, 64 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
64 d early
2024
25 d early
2023
54 d early
2022
98 d early
2021
on the day
2020
2 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 8 December (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Among the weakest 10% on equitysector median €57,687 · 33,938 companies €1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €22,307 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€200,889
Profit
€22,307
Solvency
0.0%
Total assets▲ 41.6%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2018
Next accounts
by 31-01-2027
  1. 28-11-2025Annual accounts filed
  2. 06-01-2025Annual accounts filed
  3. 08-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
31-05-2016
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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