Limited partnership · founded 2003 · active for 23 yearsHoogstraat 13, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0479.803.174
Summary
SMARTBIT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €798,151 and a net result of €318,304. The computed 12-month bankruptcy probability is 0.3% (very low).
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 2023 days overdue1 of 9 deeds read
Signalsraises riskFigures for financial year 2018 (filed 04-03-2019)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Legal form: limited partnershipLiquidity: current ratio 0.90, cash €366,939neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency61
equity 36.1% of total assets
Liquidity54
short-term debt 45.7% · cash 20.7%
Profitability73
return on assets 14.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.3%Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (1,162 companies, NACE 62, small)
Last 24 months11-2024: 0.3%highest value12-2024: 0.3%● unchanged vs 11-2024highest value01-2025: 0.3%● unchanged vs 12-2024highest value02-2025: 0.3%● unchanged vs 01-2025highest value03-2025: 0.3%● unchanged vs 02-2025highest value04-2025: 0.3%● unchanged vs 03-2025highest value05-2025: 0.3%● unchanged vs 04-2025highest value06-2025: 0.3%● unchanged vs 05-2025highest value07-2025: 0.3%● unchanged vs 06-2025highest value08-2025: 0.3%● unchanged vs 07-2025highest value09-2025: 0.3%● unchanged vs 08-2025highest value10-2025: 0.3%● unchanged vs 09-2025highest value11-2025: 0.3%● unchanged vs 10-2025highest value12-2025: 0.3%● unchanged vs 11-2025highest value01-2026: 0.3%● unchanged vs 12-2025highest value02-2026: 0.3%● unchanged vs 01-2026highest value03-2026: 0.3%● unchanged vs 02-2026highest value04-2026: 0.3%● unchanged vs 03-2026highest value05-2026: 0.3%● unchanged vs 04-2026lowest value06-2026: 0.3%● unchanged vs 05-2026lowest value07-2026: 0.3%● unchanged vs 06-2026lowest value08-2026: 0.3%● unchanged vs 07-2026lowest value09-2026: 0.3%● unchanged vs 08-2026lowest value10-2026: 0.3%● unchanged vs 09-2026lowest value
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 41 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Olaf Janssen and…
Annual accounts filedfinancial year 2019 · abbreviated…
Annual accounts filedfinancial year 2018 · abbreviated…
Key points
Risk: Accounts not fileddeadline was 31-03-20212023 days lateView
Flemish supportawarded from 2022 to 2025€75,000View