SMARTBOUW
ActiveThe computed 12-month bankruptcy probability of SMARTBOUW is 5.4% (elevated). The 2024 annual accounts show negative equity (€-9k) and a net result of €-26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-7
Solvency24▼-4
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.54 against 1.2 in 2023; short-term debt: 60.9% and cash: 0% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-0.8%
Return on assets
-2.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-9k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
57 d early
2022
45 d early
2021
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-9k
2023 · €17k
2021: €16k
2022: €15k
2023: €17k
2021 → 2024
Total assets
€1.02M▲ 50.8%
2023 · €676k
2021: €68k
2022: €582k
2023: €676k
2021 → 2024
Net result
€-26k
2023 · €3k
2021: €-4k
2022: €-1k
2023: €3k
2021 → 2024
Working capital
€337k▲ 223%
2023 · €104k
2021: €16k
2022: €27k
2023: €104k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€16k-€15k▼ 8.8%€17k▲ 18.2%€-9k
Operating result€-4k-€8k€13k▲ 64.5%€-2k
Net result€-4k-€-1k▲ 63.8%€3k€-26k
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 2024: a loss of €2k after €13k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€62k▲ 57.1%
Current assets
€958k▲ 50.5%
Key figures and ratios
Solvency
-0.8%▼
2023 · 2.6%
Current ratio
1.54▲
2023 · 1.20
Quick ratio
0.09▲
2023 · 0.01
ROA
-2.5%▼
2023 · 0.4%
Debt
€1.03M▲
2023 · €658k
Debt ≤ 1 year
€621k▲
2023 · €532k
Debt > 1 year
€407k▲
2023 · €126k
A ratio outside any meaningful range has been withheld (balance sheet total €1.02M, equity €-9k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€676k€1.02M▲
Fixed assets21/28€39k€62k▲
Financial fixed assets28€39k€62k▲
Current assets29/58€637k€958k▲
Stocks and contracts in progress3€633k€899k▲
Stocks30/36€633k€899k▲
Amounts receivable within one year40/41€3k€59k▲
Trade receivables40€3k€59k▲
Other amounts receivable41€77-
Cash at bank and in hand54/58€531€18▼
Equity and liabilities
Total equity and liabilities10/49€676k€1.02M▲
Equity10/15€17k€-9k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-3k€-29k▼
Amounts payable17/49€658k€1.03M▲
Amounts payable after more than one year17€126k€407k▲
Financial debts170/4€126k€407k▲
Amounts payable within one year42/48€532k€621k▲
Trade debts44€4k€36k▲
Suppliers440/4€4k€36k▲
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€529k€574k▲
Income statement
Code20232024
Other operating charges640/8€448€535▲
Gross operating margin9900€13k€-1k▼
Operating profit (loss)9901€13k€-2k▼
Financial income75/76B€779€50▼
Recurring financial income75€779€50▼
Financial charges65/66B€11k€24k▲
Recurring financial charges65€11k€19k▲
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€3k€-26k▼
Profit (loss) for the period9904€3k€-26k▼
Profit (loss) for the period to be appropriated9905€3k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-29k▼
Profit (loss) brought forward from the previous period14P€-5k€-3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Weakest financial yearnet €-26k ▼1067%
Net result drops to €-26k, the lowest in the series.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wolvenstraat 151070 AnderlechtGround area
1,132 m²
Building footprint
839 m²
Volume, LiDAR
5,440 m³
Parcel 21306D0221/00M009, Brussels · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0221/00M009 | Brussels | 1,132 m² | 1 · 839 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46471Wholesale trade
46472Wholesale trade
46473Wholesale trade
46494Wholesale of non-electrical household articles
46620Wholesale of machine tools
46831Wholesale of construction materials, general range
46832Wholesale of timber
46833Wholesale trade
46835Wholesale trade
46836Wholesale trade
46839Wholesale trade
46841Wholesale trade
46842Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47522Retail trade
47523Retail trade
47524Retail trade
47525Retail trade
47526Retail trade
47527Retail trade
47529Retail trade
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47559Retail sale of other household articles
47591Retail trade
47592Retail trade
47599Retail trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47789Other retail sale of new goods
47990Retail trade
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.