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SMARTBOUW

Active
Private limited companyfounded 2020active for 6 yearsWolvenstraat 15, 1070 Anderlecht, BelgiumKBO/BCE: BE 0756.825.771

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SMARTBOUW is 13.2% (high). The 2025 annual accounts show negative equity (-€139,308) and a net result of -€130,771. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 21-10-2020 Normal situation
Registered office
13 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
General construction of residential buildings NACE 41001and 38 others
Financial year end
31 December
Peppol
Reachable since 13-10-2025

Board and ownership

Financial position

27 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
13.2%
Annual accounts 2025
Gross margin
-€8,743
▼ 566%
Loss
€130,771
▲ 405%
Equity
-€139,308
▼ 1,532%
Total assets
€1.1m
▲ 5.1%
Turnover not published (micro format)
Filed on 15-10-2026, 76 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.63, cash €1, halvedLast filed accounts filed 76 days late; 1 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)No registered site in the KBOShow the evidence

Checked score

Score 2025
27 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 9% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 12-12
equity -13.0% of total assets
Liquidity 18=
short-term debt 61.3% · cash 0.0%
Profitability 7-24
return on assets -12.2%
Bankruptcy probability within 12 months
13.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 5.9%lowest value 12-2024: 5.9%● unchanged vs 11-2024lowest value 01-2025: 5.9%● unchanged vs 12-2024lowest value 02-2025: 5.9%● unchanged vs 01-2025lowest value 03-2025: 5.9%● unchanged vs 02-2025 04-2025: 6.2%▲ +0.3 percentage points vs 03-2025 05-2025: 6.3%▲ +0.1 percentage points vs 04-2025 06-2025: 6.2%▼ -0.1 percentage points vs 05-2025 07-2025: 6.4%▲ +0.2 percentage points vs 06-2025 08-2025: 7.3%▲ +0.9 percentage points vs 07-2025 09-2025: 7.1%▼ -0.2 percentage points vs 08-2025 10-2025: 7.1%● unchanged vs 09-2025 11-2025: 7.0%▼ -0.1 percentage points vs 10-2025 12-2025: 7.0%● unchanged vs 11-2025 01-2026: 7.0%● unchanged vs 12-2025 02-2026: 6.9%▼ -0.1 percentage points vs 01-2026 03-2026: 6.9%● unchanged vs 02-2026 04-2026: 6.9%● unchanged vs 03-2026 05-2026: 7.1%▲ +0.2 percentage points vs 04-2026 06-2026: 6.8%▼ -0.3 percentage points vs 05-2026 07-2026: 7.0%▲ +0.2 percentage points vs 06-2026 08-2026: 8.0%▲ +1.0 percentage point vs 07-2026 09-2026: 8.2%▲ +0.2 percentage points vs 08-2026 10-2026: 13.2%▲ +5.0 percentage points vs 09-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 1.63 (1.54 in 2024), above the usual 1.5. Short-term debt is 61.3% and cash 0% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 8% of them on solvency, 15% on liquidity, 12% on profitability and 0% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 1.63, cash €1, halved
NBB · annual accounts
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€139,308
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
76 days late
2024
13 days late
2023
57 days early
2022
45 days early
2021
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 9 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€139,308 View
  • Caution: Result fell in 2025from -€25,895 to -€130,771 ▼ 405% View
  • Caution: Lower net result than 95% of companies in construction of buildingssector median €8,543 · 9,370 companies -€130,771 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€130,771 View

Comparable companies

These companies have the same main activity as SMARTBOUW: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €878,000 and €1.1m, founded between 2019 and 2021.

CompanyTotal assetsGross margin
SMARTBOUW Anderlecht€1.1m-€0.009m
STEVIC GROUP Brussel€0.9m-€0.01m
DESA CONSTRUCTION BELGIUM Zaventem€1.1m-€0.6m
123 Construct Gent€1.0m-€0.4m
Lavigne Invest Sint-Truiden€1.0m-€0.04m
HomeQue Kortemark€1.0m-€0.6m
FILIAE CONSTRUCT Zedelgem€1.1m-€0.007m
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SMARTBOUW

What is the company number of SMARTBOUW?
The company number of SMARTBOUW is 0756.825.771. The VAT number is the same number with BE in front: BE 0756.825.771.
Where is SMARTBOUW based?
The registered office is at Wolvenstraat 15, 1070 Anderlecht.Company details
What does SMARTBOUW do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of SMARTBOUW?
The legal form of SMARTBOUW is Private limited company (BV).
When was SMARTBOUW founded?
SMARTBOUW was founded on 21-10-2020.
Is SMARTBOUW still active?
Yes, SMARTBOUW is an active enterprise in the KBO register.
What is the turnover of SMARTBOUW?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is SMARTBOUW profitable?
In financial year 2025, SMARTBOUW made a loss of €130,771.
Where can I find the annual accounts of SMARTBOUW?
SMARTBOUW filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SMARTBOUW due?
SMARTBOUW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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