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SMARTBIT

Active Risk: very low
Limited partnershipfounded 2003active 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).

Overview

Activity
Computer programming
NACE 62100
2 sites
Size
€2.2mtotal assets 2019
Staff
20.2 FTE
Equity
€798,151
Profit
€318,304
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.3%
2019 figures too old to score
Structure
  • Utmerke BVDirector
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
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
Strong
Solvency 61
equity 36.1% of total assets
Liquidity 54
short-term debt 45.7% · cash 20.7%
Profitability 73
return on assets 14.4%
Bankruptcy probability, 12 months
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 months 11-2024: 0.3%highest value 12-2024: 0.3%● unchanged vs 11-2024highest value 01-2025: 0.3%● unchanged vs 12-2024highest value 02-2025: 0.3%● unchanged vs 01-2025highest value 03-2025: 0.3%● unchanged vs 02-2025highest value 04-2025: 0.3%● unchanged vs 03-2025highest value 05-2025: 0.3%● unchanged vs 04-2025highest value 06-2025: 0.3%● unchanged vs 05-2025highest value 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: 0.3%● unchanged vs 07-2025highest value 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.3%● unchanged vs 09-2025highest value 11-2025: 0.3%● unchanged vs 10-2025highest value 12-2025: 0.3%● unchanged vs 11-2025highest value 01-2026: 0.3%● unchanged vs 12-2025highest value 02-2026: 0.3%● unchanged vs 01-2026highest value 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2018 (filed 04-03-2019)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Legal form: limited partnership
KBO
lowers risk · Liquidity: current ratio 0.90, cash €366,939
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-08-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-08-2020 year end31-03-2021 deadline14-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2019 was due by 31-03-2020 and was filed on 19-02-2020, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
41 days early
← before the deadline after the deadline →
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
  1. Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Olaf Janssen and…
  2. Annual accounts filedfinancial year 2019 · abbreviated…
  3. Annual accounts filedfinancial year 2018 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-03-2021 2023 days late View
  • Flemish supportawarded from 2022 to 2025 €75,000 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2019
Total assets
€2.2m
Profit
€318,304
Solvency
36.1%
Go to Financials

Timeline

Events
16
Since
2005
  1. 12-02-2018Annual accounts filed
  2. 28-02-2017Annual accounts filed
  3. 25-02-2016Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Limited partnership
Activity
Computer programmingNACE 62100
Founded
19-03-2003
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

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