Skip to content

Smart Retail Evolution

Active
Private limited companyfounded 20232 yrs activeAlexander Franckstraat 6, 2530 Boechout, BelgiumKBO/BCE: BE 1000.790.669
Summary

The computed 12-month bankruptcy probability of Smart Retail Evolution is 1.7% (moderate). The 2025 annual accounts show equity of €619,598 and a net result of €319,598. Its solvency ranks better than 25% of 10485 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability79
Solvency40
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.66; short-term debt: 26.2% and cash: 21.4% of total assets), but 84.5% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
15.5%
Return on assets
8%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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 · 1 filing
Deviation from the deadline
2025
28 d late
← 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 5 October 2023, Smart Retail Evolution 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

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€619,598
Total assets
€4.0m
Net result
€319,598
Working capital
€1.7m

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

Balance-sheet composition
Assets €4.0m
Fixed assets €1.2m
Current assets €2.8m
Equity and liabilities €4.0m
Equity €619,598
Debt €3.4m
Debt finances 84.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€613,543
Cash flow
€472,389
Current ratio
2.66
Quick ratio
1.74
Debt to equity
5.47
ROE
51.6%
ROA
8.0%
Interest coverage
7.44
Debt ≤ 1 year
€1.0m
Debt > 1 year
€2.3m
Income taxes
€64,822
Staff costs
€3.3m

Peer companies

Historical observation

Of the 1,602 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.1% went bankrupt
0.9% stopped otherwise
97% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 1,602 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 · 55 lines
Balance sheet Code2025
Assets
Total assets20/58€4.0m
Formation expenses20€1,964
Fixed assets21/28€1.2m
Intangible fixed assets21€806,650
Tangible fixed assets22/27€406,822
Plant, machinery and equipment23€365,006
Furniture and vehicles24€3,123
Other tangible fixed assets26€38,693
Financial fixed assets28€330
Current assets29/58€2.8m
Stocks and contracts in progress3€971,472
Stocks30/36€971,472
Amounts receivable within one year40/41€250,436
Trade receivables40€238,076
Other amounts receivable41€12,360
Current investments50/53€701,867
Cash at bank and in hand54/58€857,621
Deferred charges and accrued income490/1€9,820
Equity and liabilities
Total equity and liabilities10/49€4.0m
Equity10/15€619,598
Contributions10/11€500,000
Reserves13€119,598
Distributable reserves133€119,598
Profit (loss) carried forward14€0
Amounts payable17/49€3.4m
Amounts payable after more than one year17€2.3m
Financial debts170/4€648,560
Trade debts175€1.7m
Amounts payable within one year42/48€1.0m
Current portion of amounts payable after more than one year42€124,792
Trade debts44€268,202
Suppliers440/4€268,202
Taxes, remuneration and social security45€455,410
Taxes450/3€63,110
Remuneration and social security454/9€392,300
Other amounts payable47/48€200,000
Income statement Code2025
Remuneration, social security and pensions62€3.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152,791
Other operating charges640/8€3,962
Gross operating margin9900€3.9m
Operating profit (loss)9901€460,752
Financial income75/76B€6,164
Recurring financial income75€6,164
Financial charges65/66B€82,496
Recurring financial charges65€82,496
Profit (loss) for the period before taxes9903€384,420
Income taxes67/77€64,822
Profit (loss) for the period9904€319,598
Profit (loss) for the period to be appropriated9905€319,598
Appropriation of the result
Profit (loss) to be appropriated9906€319,598
Transfer to equity691/2€119,598
To other reserves6921€119,598
Profit to be distributed694/7€200,000
Directors or managers695€200,000
Social balance
Average headcount (FTE)908748.4

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€3.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152,791
Other operating charges640/8€3,962
Gross operating margin9900€3.9m
Operating profit (loss)9901€460,752
Financial income75/76B€6,164
Recurring financial income75€6,164
Financial charges65/66B€82,496
Recurring financial charges65€82,496
Profit (loss) for the period before taxes9903€384,420
Income taxes67/77€64,822
Profit (loss) for the period9904€319,598
Profit (loss) for the period to be appropriated9905€319,598
Line2025
Assets
Total assets20/58€4.0m
Formation expenses20€1,964
Fixed assets21/28€1.2m
Intangible fixed assets21€806,650
Tangible fixed assets22/27€406,822
Plant, machinery and equipment23€365,006
Furniture and vehicles24€3,123
Other tangible fixed assets26€38,693
Financial fixed assets28€330
Current assets29/58€2.8m
Stocks and contracts in progress3€971,472
Stocks30/36€971,472
Amounts receivable within one year40/41€250,436
Trade receivables40€238,076
Other amounts receivable41€12,360
Current investments50/53€701,867
Cash at bank and in hand54/58€857,621
Deferred charges and accrued income490/1€9,820
Equity and liabilities
Total equity and liabilities10/49€4.0m
Equity10/15€619,598
Contributions10/11€500,000
Reserves13€119,598
Distributable reserves133€119,598
Profit (loss) carried forward14€0
Amounts payable17/49€3.4m
Amounts payable after more than one year17€2.3m
Financial debts170/4€648,560
Trade debts175€1.7m
Amounts payable within one year42/48€1.0m
Current portion of amounts payable after more than one year42€124,792
Trade debts44€268,202
Suppliers440/4€268,202
Taxes, remuneration and social security45€455,410
Taxes450/3€63,110
Remuneration and social security454/9€392,300
Other amounts payable47/48€200,000
Line2025
Profit (loss) for the period9904€319,598
+ Depreciation and write-downs630€152,791
Operating cash flow (approximation)€472,389

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
28-07
State Gazette act Algemene Vergadering - Boekjaar
Statutes amendment · Power of attorney3 facts ▸
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, Meesters Accountants
2025
28-11
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
State Gazette actNBB filing
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
582 m²
Volume, LiDAR
5,831 m³
Parcel 11004D0169/00L002, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Smart Retail Evolution
Alexander Franckstraat 6, 2530 BoechoutSupermarkets
since 20242.356.754.857
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11004D0169/00L002 Flanders 1.3 ha 1 · 582 m² 13.8 m · 4 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 441 EUR awarded · 441 EUR paid
Year Entries awardedpaid
2024 1 441 EUR441 EUR
Schemes
1 entry · 441 EUR · 441 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Boechout2.356.754.857
2 permissions
Toelating · Bakkerij · since 28-03-2024
Toelating · Detailhandel met verwerking · since 28-03-2024

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 2,864 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-10-2023
Fiscal year end31-03
Abbreviation NL SRE
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000790669
Also 9925:BE1000790669
Registered 25-06-2026

Register as of 27 September 2026 · Peppol Directory

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