Smartcore
ActiveSummary
Smartcore has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,197 and a net result of €98,997. Its solvency ranks better than 30% of 21,036 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 0.7 FTE
- Equity
- €79,197
- Profit
- €98,997
- BENO-ITDirector · permanent representative Ewout BENOIT
- RayadorDirector · permanent representative Fausto COCO
- Smartcore SolutionsDirector · permanent representative Jurgen DOUTERLUNGNE
Why 94raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.53, cash €106,599Size: total assets €225,010Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 32% on solvency, 49% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: BENO-IT, RAYADOR and SMARTCORE…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €23,989 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,240 |
| Other operating charges640/8 | €915 |
| Gross operating margin9900 | €145,836 |
| Operating profit (loss)9901 | €118,692 |
| Financial income75/76B | €39 |
| Recurring financial income75 | €39 |
| Financial charges65/66B | €88 |
| Recurring financial charges65 | €88 |
| Profit (loss) for the period before taxes9903 | €118,643 |
| Income taxes67/77 | €19,646 |
| Profit (loss) for the period9904 | €98,997 |
| Profit (loss) for the period to be appropriated9905 | €98,997 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €225,010 | |
| Fixed assets21/28 | €2,287 | |
| Tangible fixed assets22/27 | €2,287 | |
| Furniture and vehicles24 | €2,287 | |
| Current assets29/58 | €222,723 | |
| Amounts receivable within one year40/41 | €115,210 | |
| Trade receivables40 | €115,210 | |
| Cash at bank and in hand54/58 | €106,599 | |
| Deferred charges and accrued income490/1 | €914 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €225,010 | |
| Equity10/15 | €79,197 | |
| Contributions10/11 | €1,200 | |
| Reserves13 | €77,997 | |
| Distributable reserves133 | €77,997 | |
| Amounts payable17/49 | €145,813 | |
| Amounts payable within one year42/48 | €145,813 | |
| Trade debts44 | €99,570 | |
| Suppliers440/4 | €99,570 | |
| Taxes, remuneration and social security45 | €9,892 | |
| Taxes450/3 | €9,892 | |
| Other amounts payable47/48 | €36,351 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €98,997 |
| + Depreciation and write-downs630 | €2,240 |
| Operating cash flow (approximation) | €101,237 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00293878 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 3
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BENO-IT |
|
| Rayador |
|
| Smartcore Solutions |
|
Owners and capital
Capital and shareholders
- BENOIT Ewout Sil Senne 400 shares · €400
- DOUTERLUNGNE Jurgen Romain Henri 400 shares · €400
- COCO Fausto Santo 400 shares · €400
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-12
Gazette deed
IncorporationAppointments: BENO-IT, RAYADOR and SMARTCORE SOLUTIONS · Permanent representatives: Ewout BENOIT, Fausto COCO and Jurgen DOUTERLUNGNE · Founder16 facts ▸
- Incorporation, 23-12-2024
- Founder, BENOIT Ewout Sil Senne
- Founder, DOUTERLUNGNE Jurgen Romain Henri
- Founder, COCO Fausto Santo
- Founding capital
- Share issue, 1200, “vergoeding voor de inbrengen” (deed in Dutch)
- Registered office clause, “8500 Kortrijk,President Kennedypark 19D” (deed in Dutch)
- Board rule, 3
- Director appointment, BENO-IT (director (not named in the articles))
- Director appointment, RAYADOR (director (not named in the articles))
- Director appointment, SMARTCORE SOLUTIONS (director (not named in the articles))
- Permanent representative, Ewout BENOIT
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34354D0147/00E000 | Flanders | 1.6 ha | 1 · 2,207 m² | 8.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Smartcore
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 8500 Kortrijk,President Kennedypark 19D” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de vennootschap jegens derden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle handelingen nodig of dienstig voor vereffening conform WVV tenzij akte van benoeming of rechterlijke uitspraak anders” (deed in Dutch)