SMART SERVICES
ActiveSummary
SMART SERVICES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,420 and a net result of €4,397. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-41
Solvency77▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.19 against 2.46 in 2024; short-term debt: 23.6% and cash: 62.6% of total assets), and 48% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
52%
Return on assets
5.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €41,420
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
16 d early
2022
24 d early
2021
21 d early
2020
3 d late
2019
2 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 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#4 oldest company in Grimbergen, Telecoms and IT sector
Equity
€41,420▲ 11.9%
2024 · €37,023
Total assets
€79,634▼ 20.6%
2024 · €100,291
Net result
€4,397▼ 66.6%
2024 · €13,180
Working capital
€60,014▲ 4.1%
2024 · €57,643
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,245-€38,732▼ 812%€21,535€15,768▼ 26.8%-€2,138
Net result-€8,835below the sector's middle half-€40,535below the sector's middle half▼ 359%€17,772within the sector's middle half€13,180within the sector's middle half▼ 25.8%€4,397below the sector's middle half▼ 66.6%
Equity€63,606within the sector's middle half▼ 12.2%€23,071below the sector's middle half▼ 63.7%€23,843below the sector's middle half▲ 3.3%€37,023within the sector's middle half▲ 55.3%€41,420within the sector's middle half▲ 11.9%
Total assets€132,453within the sector's middle half▼ 10.0%€94,192within the sector's middle half▼ 28.9%€100,218within the sector's middle half▲ 6.4%€100,291within the sector's middle half▲ 0.1%€79,634within the sector's middle half▼ 20.6%
Debt€62,972▼ 7.4%€66,666▲ 5.9%€65,426▼ 1.9%€57,592▼ 12.0%€36,799▼ 36.1%
Working capital€79,615within the sector's middle half▼ 19.3%€37,998within the sector's middle half▼ 52.3%€47,500within the sector's middle half▲ 25.0%€57,643within the sector's middle half▲ 21.4%€60,014within the sector's middle half▲ 4.1%
Solvency48.0%within the sector's middle half▼ 1.2pp24.5%below the sector's middle half▼ 23.5pp23.8%below the sector's middle half▼ 0.7pp36.9%within the sector's middle half▲ 13.1pp52.0%within the sector's middle half▲ 15.1pp
Current ratio2.85within the sector's middle half▼ 0.181.78within the sector's middle half▼ 1.072.00within the sector's middle half▲ 0.222.46within the sector's middle half▲ 0.454.19within the sector's middle half▲ 1.74
Return on assets (ROA)-6.7%below the sector's middle half▼ 19.3pp-43.0%below the sector's middle half▼ 36.4pp17.7%within the sector's middle half▲ 60.8pp13.1%within the sector's middle half▼ 4.6pp5.5%within the sector's middle half▼ 7.6pp
Staff (FTE)1.6▼ 36.0%1.6=1.3▼ 18.8%1.3=1▼ 23.1%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,138 after €15,768 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,634
Fixed assets
€821 ▼ 73.1%
Current assets
€78,813 ▼ 18.9%
Equity and liabilities €79,634
Equity
€41,420 ▲ 11.9%
Provisions
€1,415 ▼ 75.1%
Debt
€36,799 ▼ 36.1%
Debt's share of the balance-sheet total falls from 57.4% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97▼
2024 · €18,004
Cash flow
€6,632▼
2024 · €15,416
Quick ratio
4.02▲
2024 · 2.33
Debt to equity
0.89▼
2024 · 1.56
ROE
10.6%▼
2024 · 35.6%
Interest coverage
0.04▼
2024 · 3.81
Debt ≤ 1 year
€18,799▼
2024 · €39,592
Debt > 1 year
€18,000=
2024 · €18,000
Staff costs
€51,376▲
2024 · €44,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 31,349 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €54,133 | €52,345 | €66,812 | €44,986 | €51,376 | ▲ 14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,415 | €2,236 | €2,236 | €2,236 | €2,236 | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€775 | -€1,421 | €6,495 | -€5,273 | -€4,261 | ▲ 19.2% |
| Other operating charges640/8 | €968 | €1,252 | €1,839 | €1,751 | €1,586 | ▼ 9.5% |
| Gross operating margin9900 | €51,496 | €15,681 | €98,917 | €59,468 | €48,798 | ▼ 17.9% |
| Operating profit (loss)9901 | -€4,245 | -€38,732 | €21,535 | €15,768 | -€2,138 | ▼ 114% |
| Financial income75/76B | €587 | €101 | €1,021 | €2,136 | €8,891 | ▲ 316% |
| Recurring financial income75 | €587 | €101 | €1,021 | €2,136 | €8,891 | ▲ 316% |
| Financial charges65/66B | €5,177 | €1,904 | €4,785 | €4,723 | €2,356 | ▼ 50.1% |
| Recurring financial charges65 | €5,177 | €1,904 | €4,785 | €4,723 | €2,356 | ▼ 50.1% |
| Profit (loss) for the period before taxes9903 | -€8,835 | -€40,535 | €17,772 | €13,180 | €4,397 | ▼ 66.6% |
| Profit (loss) for the period9904 | -€8,835 | -€40,535 | €17,772 | €13,180 | €4,397 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | -€8,835 | -€40,535 | €17,772 | €13,180 | €4,397 | ▼ 66.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €132,453 | €94,192 | €100,218 | €100,291 | €79,634 | ▼ 20.6% |
| Fixed assets21/28 | €9,763 | €7,527 | €5,292 | €3,056 | €821 | ▼ 73.1% |
| Tangible fixed assets22/27 | €9,763 | €7,527 | €5,292 | €3,056 | €821 | ▼ 73.1% |
| Furniture and vehicles24 | €9,763 | €7,527 | €5,292 | €3,056 | €821 | ▼ 73.1% |
| Current assets29/58 | €122,690 | €86,664 | €94,926 | €97,235 | €78,813 | ▼ 18.9% |
| Stocks and contracts in progress3 | €9,324 | €7,916 | €5,844 | €4,851 | €3,311 | ▼ 31.7% |
| Stocks30/36 | €9,324 | €7,916 | €5,844 | €4,851 | €3,311 | ▼ 31.7% |
| Amounts receivable within one year40/41 | €24,344 | €37,138 | €23,493 | €35,080 | €24,855 | ▼ 29.1% |
| Trade receivables40 | €24,309 | €37,103 | €23,458 | €35,038 | €24,813 | ▼ 29.2% |
| Other amounts receivable41 | €35 | €35 | €35 | €42 | €42 | = |
| Cash at bank and in hand54/58 | €89,022 | €41,487 | €65,448 | €55,147 | €49,873 | ▼ 9.6% |
| Deferred charges and accrued income490/1 | - | €123 | €141 | €2,156 | €774 | ▼ 64.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €132,453 | €94,192 | €100,218 | €100,291 | €79,634 | ▼ 20.6% |
| Equity10/15 | €63,606 | €23,071 | €23,843 | €37,023 | €41,420 | ▲ 11.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €45,014 | €4,479 | €5,251 | €18,431 | €22,828 | ▲ 23.9% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | €43,154 | €2,620 | €5,251 | €18,431 | €22,828 | ▲ 23.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | €5,875 | €4,454 | €10,949 | €5,676 | €1,415 | ▼ 75.1% |
| Provisions for liabilities and charges160/5 | €5,875 | €4,454 | €10,949 | €5,676 | €1,415 | ▼ 75.1% |
| Other liabilities and charges164/5 | €5,875 | €4,454 | €10,949 | €5,676 | €1,415 | ▼ 75.1% |
| Amounts payable17/49 | €62,972 | €66,666 | €65,426 | €57,592 | €36,799 | ▼ 36.1% |
| Amounts payable after more than one year17 | €19,898 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Financial debts170/4 | €19,898 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Amounts payable within one year42/48 | €43,075 | €48,666 | €47,426 | €39,592 | €18,799 | ▼ 52.5% |
| Current portion of amounts payable after more than one year42 | €5,263 | €1,898 | €0 | - | - | - |
| Trade debts44 | €6,149 | €7,212 | €361 | €9,599 | €1,752 | ▼ 81.7% |
| Suppliers440/4 | €6,149 | €7,212 | €361 | €9,599 | €1,752 | ▼ 81.7% |
| Taxes, remuneration and social security45 | €11,159 | €18,034 | €11,475 | €9,504 | €12,022 | ▲ 26.5% |
| Taxes450/3 | €2,508 | €9,740 | €2,533 | €1,830 | €4,352 | ▲ 138% |
| Remuneration and social security454/9 | €8,650 | €8,295 | €8,942 | €7,674 | €7,670 | ▼ 0.1% |
| Other amounts payable47/48 | €20,504 | €21,523 | €35,591 | €20,490 | €5,025 | ▼ 75.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,835 | -€40,535 | €17,772 | €13,180 | €4,397 | ▼ 66.6% |
| + Depreciation and write-downs630 | €1,415 | €2,236 | €2,236 | €2,236 | €2,236 | = |
| Operating cash flow (approximation) | -€7,420 | -€38,299 | €20,007 | €15,416 | €6,632 | ▼ 57.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€47,534 | €23,960 | -€10,300 | -€5,275 | ▲ 48.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17,772
Net result €17,772 after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€40,535
Net result drops to -€40,535, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Highest result since 2018net €18,631 ▲112%
Net result €18,631, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Grimbergen · 2 establishment units since 1997
Ground area
7,842 m²
Building footprint
1,860 m²
Volume, LiDAR
14,094 m³
3 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
SMART SERVICES
since 19972.080.455.901
SMART SERVICES
since 20082.168.890.603
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0093/00T000 | Flanders | 6,123 m² | 1 · 1,226 m² | 8.6 m · 2 fl. |
| 23084B0064/00S005 | Flanders | 1,557 m² | 1 · 473 m² | 11.2 m · 3 fl. |
| 23084B0064/00H005 | Flanders | 162 m² | 1 · 162 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 endedPc-technicus (so)
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,315 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
Founded16-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
62900Other information technology and computer services
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459457227
Also
9925:BE0459457227
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.