SmartConnectivity
ActiveSummary
SmartConnectivity has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54k and a net result of €71k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+6
Solvency62▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.16 in 2023; short-term debt: 43.7% and cash: 36% of total assets), but 62.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
27 d early
2022
4 d early
2021
31 d late
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€54k▲ 136%
2023 · €23k
2018: €18klowest in 7 years
2019: €30k▲ +62.7% vs 2018
2020: €22k▼ -27.1% vs 2019
2021: €23k▲ +3.9% vs 2020
2022: €31k▲ +36.1% vs 2021
2023: €23k▼ -26.1% vs 2022
2024: €54k▲ +136% vs 2023highest in 7 years
2018 → 2024
Total assets
€144k▲ 33.7%
2023 · €108k
2018: €88k
2019: €46k▼ -47.6% vs 2018
2020: €28k▼ -38.2% vs 2019lowest in 7 years
2021: €98k▲ +245% vs 2020
2022: €103k▲ +4.8% vs 2021
2023: €108k▲ +4.7% vs 2022
2024: €144k▲ +33.7% vs 2023highest in 7 years
2018 → 2024
Net result
€71k▲ 222%
2023 · €22k
2018: €-4k
2019: €21k▲ +690% vs 2018
2020: €-8k▼ -137% vs 2019lowest in 7 years
2021: €854▲ +111% vs 2020
2022: €20k▲ +2230% vs 2021
2023: €22k▲ +10.5% vs 2022
2024: €71k▲ +222% vs 2023highest in 7 years
2018 → 2024
Working capital
€36k▲ 324%
2023 · €8k
2018: €-17klowest in 7 years
2019: €19k▲ +209% vs 2018
2020: €17k▼ -7.8% vs 2019
2021: €36k▲ +105% vs 2020
2022: €39k▲ +10.3% vs 2021highest in 7 years
2023: €8k▼ -78.6% vs 2022
2024: €36k▲ +324% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€23k▲ 3.9%€31k▲ 36.1%€23k▼ 26.1%€54k▲ 136%
2020: €22klowest in 5 years
2021: €23k▲ +3.9% vs 2020
2022: €31k▲ +36.1% vs 2021
2023: €23k▼ -26.1% vs 2022
2024: €54k▲ +136% vs 2023highest in 5 years
Operating result€-8k-€4k€26k▲ 586%€15k▼ 42.2%€33k▲ 121%
2020: €-8klowest in 5 years
2021: €4k▲ +150% vs 2020
2022: €26k▲ +586% vs 2021
2023: €15k▼ -42.2% vs 2022
2024: €33k▲ +121% vs 2023highest in 5 years
Net result€-8k-€854€20k▲ 2,230%€22k▲ 10.5%€71k▲ 222%
2020: €-8klowest in 5 years
2021: €854▲ +111% vs 2020
2022: €20k▲ +2230% vs 2021
2023: €22k▲ +10.5% vs 2022
2024: €71k▲ +222% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 121% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€45k ▼ 5.2%
Current assets
€99k ▲ 64.8%
Equity and liabilities €144k
Equity
€54k ▲ 136%
Debt
€91k ▲ 6.4%
Debt's share of the balance-sheet total falls from 79.0% to 62.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2023 · €18k
Cash flow
€73k▲
2023 · €25k
Current ratio
1.57▲
2023 · 1.16
Debt to equity
1.69▼
2023 · 3.75
ROE
132.3%▲
2023 · 96.9%
ROA
49.2%▲
2023 · 20.4%
Interest coverage
14.42▲
2023 · 7.40
Debt ≤ 1 year
€63k▲
2023 · €51k
Debt > 1 year
€26k▼
2023 · €32k
Income taxes
€9k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€108k€144k▲
Fixed assets21/28€48k€45k▼
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€40k€40k=
Current assets29/58€60k€99k▲
Amounts receivable after more than one year29€40k€40k=
Other amounts receivable291€40k€40k=
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40€1k€0▼
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€13k€52k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€108k€144k▲
Equity10/15€23k€54k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€2k€33k▲
Amounts payable17/49€85k€91k▲
Amounts payable after more than one year17€32k€26k▼
Financial debts170/4€3k€884▼
Other amounts payable178/9€29k€25k▼
Amounts payable within one year42/48€51k€63k▲
Current portion of amounts payable after more than one year42€3k€8k▲
Trade debts44€2k€252▼
Suppliers440/4€2k€252▼
Taxes, remuneration and social security45€2k€100▼
Taxes450/3€2k€100▼
Other amounts payable47/48€45k€55k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€18k€36k▲
Operating profit (loss)9901€15k€33k▲
Financial income75/76B€13k€49k▲
Recurring financial income75€13k€49k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€26k€80k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€22k€71k▲
Profit (loss) for the period to be appropriated9905€22k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€73k▲
Profit (loss) brought forward from the previous period14P€10k€2k▼
Profit to be distributed694/7€30k€40k▲
Return on contributions (dividend)694€30k€40k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €3k | €2k | ▼ 4.7% |
| Other operating charges640/8 | - | €311 | €976 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €-4k | €6k | €28k | €18k | €36k | ▲ 99.9% |
| Operating profit (loss)9901 | €-8k | €4k | €26k | €15k | €33k | ▲ 121% |
| Financial income75/76B | - | €0 | €2k | €13k | €49k | ▲ 267% |
| Recurring financial income75 | €50 | €0 | €2k | €13k | €49k | ▲ 267% |
| Financial charges65/66B | - | €3k | €3k | €2k | €2k | ▲ 3.7% |
| Recurring financial charges65 | €367 | €3k | €3k | €2k | €2k | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €-8k | €1k | €25k | €26k | €80k | ▲ 207% |
| Income taxes67/77 | €206 | €329 | €5k | €4k | €9k | ▲ 123% |
| Profit (loss) for the period9904 | €-8k | €854 | €20k | €22k | €71k | ▲ 222% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €854 | €20k | €22k | €71k | ▲ 222% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28k | €98k | €103k | €108k | €144k | ▲ 33.7% |
| Fixed assets21/28 | €4k | €42k | €42k | €48k | €45k | ▼ 5.2% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €8k | €6k | ▼ 30.0% |
| Furniture and vehicles24 | - | €3k | €2k | €8k | €6k | ▼ 30.0% |
| Financial fixed assets28 | €160 | €40k | €40k | €40k | €40k | = |
| Current assets29/58 | €24k | €56k | €61k | €60k | €99k | ▲ 64.8% |
| Amounts receivable after more than one year29 | - | €40k | €40k | €40k | €40k | = |
| Other amounts receivable291 | - | €40k | €40k | €40k | €40k | = |
| Amounts receivable within one year40/41 | €17k | €0 | - | €3k | €3k | ▲ 7.7% |
| Trade receivables40 | - | €0 | - | €1k | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1k | €3k | ▲ 107% |
| Cash at bank and in hand54/58 | €5k | €6k | €16k | €13k | €52k | ▲ 287% |
| Deferred charges and accrued income490/1 | - | €10k | €4k | €4k | €4k | ▲ 3.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28k | €98k | €103k | €108k | €144k | ▲ 33.7% |
| Equity10/15 | €22k | €23k | €31k | €23k | €54k | ▲ 136% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €1k | €2k | €10k | €2k | €33k | ▲ 1,395% |
| Amounts payable17/49 | €7k | €76k | €72k | €85k | €91k | ▲ 6.4% |
| Amounts payable after more than one year17 | - | €55k | €50k | €32k | €26k | ▼ 19.6% |
| Financial debts170/4 | - | - | - | €3k | €884 | ▼ 69.8% |
| Other amounts payable178/9 | - | €55k | €50k | €29k | €25k | ▼ 14.5% |
| Amounts payable within one year42/48 | €7k | €20k | €22k | €51k | €63k | ▲ 22.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3k | €8k | ▲ 191% |
| Trade debts44 | €163 | €166 | €498 | €2k | €252 | ▼ 88.6% |
| Suppliers440/4 | - | €166 | €498 | €2k | €252 | ▼ 88.6% |
| Taxes, remuneration and social security45 | - | €3k | €9k | €2k | €100 | ▼ 93.7% |
| Taxes450/3 | - | €3k | €9k | €2k | €100 | ▼ 93.7% |
| Other amounts payable47/48 | - | €17k | €12k | €45k | €55k | ▲ 22.2% |
| Accrued charges and deferred income492/3 | - | €552 | €643 | €2k | €2k | ▲ 10.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €854 | €20k | €22k | €71k | ▲ 222% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €3k | €2k | ▼ 4.7% |
| Operating cash flow (approximation) | €-6k | €3k | €22k | €25k | €73k | ▲ 198% |
| Investment in fixed assets (approximation) | - | €-40k | €-1k | €-8k | €0 | ▲ 100% |
| Change in cash | - | €196 | €11k | €-3k | €38k | ▲ 1,359% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €71k ▲222%
Operating result €33k, net result €71k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €854
Net result €854 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.16
Current ratio from 0.75 to 2.16; short-term debt falls from €70k to €16k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Registered office, Assesse · 1 establishment unit since 2015
Ground area
676 m²
Building footprint
114 m²
Parcel 92006D0232/00L000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Smart Connectivity
since 20152.247.450.408
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006D0232/00L000 | Wallonia | 675 m² | 1 · 114 m² | - |
Linked by address, not proof of ownership
Good to know
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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
ambroise.thirion@smartconnectivity.beAssesse
Scores and ratios are computed by Checked and are not a credit decision.