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 €681,540 and a net result of €254,340. The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2019, abbreviated format
2020 annual accounts not yet filed, deadline passed on 31 March 2021 Financial year closed on 31 August 2020; filing due at the latest 7 months after the close (Companies Code art. 3:10). 6 financial years without a filing since the last one filed. Source: NBB filings, as of 30 October 2026.
Source amounts without an identifiable currency are assumed to be EUR.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m |
| Gross operating margin9900 | €2.1m |
| Operating profit (loss)9901 | €0.4m |
| Recurring financial income75 | €0.003m |
| Recurring financial charges65 | €0.01m |
| Profit (loss) for the period before taxes9903 | €0.4m |
| Income taxes67/77 | €0.1m |
| Profit (loss) for the period9904 | €0.3m |
| Profit (loss) for the period to be appropriated9905 | €0.2m |
| Line | 2019 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €2.2m | |
| Formation expenses20 | €0 | |
| Fixed assets21/28 | €1.3m | |
| Intangible fixed assets21 | €0.02m | |
| Tangible fixed assets22/27 | €1.3m | |
| Financial fixed assets28 | €0 | |
| Current assets29/58 | €0.9m | |
| Stocks and contracts in progress3 | €0 | |
| Amounts receivable within one year40/41 | €0.5m | |
| Current investments50/53 | €0 | |
| Cash at bank and in hand54/58 | €0.5m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €2.2m | |
| Equity10/15 | €0.7m | |
| Contributions10/11 | €0.6m | |
| Reserves13 | €0.05m | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €1.5m | |
| Amounts payable after more than one year17 | €0.5m | |
| Amounts payable within one year42/48 | €1.0m | |
| Trade debts44 | €0.4m | |
| Line | 2019 |
|---|---|
| Profit (loss) for the period9904 | €254,340 |
| + Depreciation and write-downs630 | €410,035 |
| Operating cash flow (approximation) | €664,375 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-08-2019 | abbreviated format | 19-02-2020 | 2020-05200480 |
| 31-08-2018 | abbreviated format | 28-02-2019 | 2019-05900246 |
| 31-08-2017 | abbreviated format | 12-02-2018 | 2018-04800574 |
| 31-08-2016 | abbreviated format | 28-02-2017 | 2017-05400395 |
| 31-08-2015 | abbreviated format | 25-02-2016 | 2016-05200292 |
| 31-08-2014 | abbreviated format | 24-02-2015 | 2015-04900416 |
| 31-08-2013 | abbreviated format | 28-02-2014 | 2014-05500320 |
| 31-08-2012 | abbreviated format | 28-02-2013 | 2013-05300240 |
| 31-08-2011 | abbreviated format | 28-02-2012 | 2012-05000496 |
| 31-08-2010 | abbreviated format | 28-02-2011 | 2011-04700246 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €75,000 awarded · €75,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €15,000 |
| 2023 | 1 | €0 | €60,000 |
| 2022 | 1 | €75,000 | €0 |
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.