Skip to content

SMARTBUY

Inactive
KBO/BCE: BE 0634.715.936

SMARTBUY was declared bankrupt on 04-10-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 24-02-2025, published in the Belgian State Gazette on 05-03-2025.

Summary

Inactive; last annual accounts for fiscal year 2019.

Risk analysis Watch Report Compare
SMARTBUYInactive
Risk analysis Report Compare

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-12-2020, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
144 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 144 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SMARTBUY has filed 2 sets of annual accounts, the latest for fiscal year 2019.1 The company was declared bankrupt on 4 October 2021; the bankruptcy was closed on 24 February 2025.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 13-10-2021
  3. 3Belgian State Gazette, 05-03-2025

Financials · fiscal year 2019, micro schema

Equity
€2,255
Total assets
€69,553
Net result
-€6,355
Working capital
€1,715

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €69,553
Equity €2,255
Debt €67,298
Debt finances 96.8% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
-€6,085
Cash flow
-€6,085
Current ratio
1.03
Quick ratio
0.01
ROE
-281.8%
ROA
-9.1%
Debt ≤ 1 year
€67,298
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 19 lines
Balance sheet Code2019
Assets
Total assets20/58€69,553
Formation expenses20€540
Current assets29/58€69,013
Stocks and contracts in progress3€68,200
Amounts receivable within one year40/41€355
Cash at bank and in hand54/58€458
Equity and liabilities
Total equity and liabilities10/49€69,553
Equity10/15€2,255
Contributions10/11€6,200
Profit (loss) carried forward14-€3,945
Amounts payable17/49€67,298
Amounts payable within one year42/48€67,298
Trade debts44€5,738
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270
Gross operating margin9900-€6,085
Operating profit (loss)9901-€6,355
Profit (loss) for the period before taxes9903-€6,355
Profit (loss) for the period9904-€6,355
Profit (loss) for the period to be appropriated9905-€6,355
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270
Gross operating margin9900-€6,085
Operating profit (loss)9901-€6,355
Profit (loss) for the period before taxes9903-€6,355
Profit (loss) for the period9904-€6,355
Profit (loss) for the period to be appropriated9905-€6,355
Line2019
Assets
Total assets20/58€69,553
Formation expenses20€540
Current assets29/58€69,013
Stocks and contracts in progress3€68,200
Amounts receivable within one year40/41€355
Cash at bank and in hand54/58€458
Equity and liabilities
Total equity and liabilities10/49€69,553
Equity10/15€2,255
Contributions10/11€6,200
Profit (loss) carried forward14-€3,945
Amounts payable17/49€67,298
Amounts payable within one year42/48€67,298
Trade debts44€5,738
Line2019
Profit (loss) for the period9904-€6,355
+ Depreciation and write-downs630€270
Operating cash flow (approximation)-€6,085

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
05-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-02-2025
2021
13-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 04-10-2021
2020
22-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 144 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalNBB filing
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator VINCENT VERLAECKT
MGR. STILLEMANS- STRAAT 61/6, 9100 SINT-NIKLAAS- verlaeckt@hoornaert- advocaten.be
 04-10-2021 → 24-02-2025

We would like to set cookies. That happens only with your consent. What we measure