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SMARTECH

Active Private limited company (pre-2019)founded 2016active for 10 yearsBevrijdingslaan 56, 9000 GhentKBO/BCE: BE 0645.825.505
SMARTECH
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Overview

Lifetime

10 annual accounts with figures on one time axis
peak €11,913 (2017)
€692▲ €5,713
lowest -€6,555 (2016)
€547▲ €5,699
peak €13,774 (2020)
€8,187▲ 7.2%
€33,002▲ 0.5%
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from -€5,021 to €692Back to profit: €5471 establishment registeredCash from €3,108 to €1,779

Key points

from the 2025 annual accounts

Debts

€33,002 80% of the balance sheet
Suppliers 15%Taxes and wages 24%Other 60%

Filings

10 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2016 accounts came latest: 1,080 days after the end of the period.

Position in the sector

€8,187

Less equity than 84% of companies in retail trade. Sector median €235,725 · 12,872 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as SMARTECH has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for SMARTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0645825505
New establishment in Ghent Antwerpsesteenweg 55
Incorporation published on 14-01-2016 · Gazette deed
First establishment Bevrijdingslaan 56, Ghent
All 18 events

Comparable companies

same main activity, similar in size and age
Company
SMARTECH Ghent €41,188 €692 19.9% -
SMART TECHNOLOGIES Antwerp €37,841 -€5,542 -129.5% -
UGF Fleurus €42,966 -€8,290 20.1% -
MESBAH TELECOM Molenbeek-Saint-Jean €47,400 €1,242 30.2% -
LUDIX Châtelet €35,290 -€24,213 25.2% -
APICALIS Sprimont €54,849 -€48,849 31.6% -
ALITA STUDIO Rixensart €52,665 -€9,960 39.6% -

These companies have the same main activity as SMARTECH: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €35,300 and €54,800, founded between 2014 and 2017.

Official details

Source: KBO
Status
Active since 12-01-2016Normal situation
Activity
Retail sale of information and communication equipmentNACE 47400
Establishment units
2.300.861.3789000 Ghent, since 12-01-2016
2.371.924.0739000 Ghent, since 05-04-2025
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

€692
≈ €4,900estimated
€547
€8,187▲ 7.2%
€41,188▲ 1.8%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on SMARTECH

SMARTECH files the abbreviated format. That format states no turnover. The gross margin rose from -€6,555 in 2016 to €692 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 24-06-2026, 37 days before the deadline
€692
▲ €5,713
€692
▲ €5,713
-
-
19.9%
▲ 1.0 percentage points
1.25
▲ 0.02

Money flows

no detail for 2025

Balance sheet

balance sheet total €41,188 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

19.9%

Higher than 31% of 12,862 companies in 2025.

1.25

Higher than 38% of 12,652 companies in 2025.

1.3%

Higher than 34% of 12,725 companies in 2025.

SMARTECH Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 41,18840,47737,46124,42219,45713,82927,2118,3816,8642,237
20 ---3336671,0001,0001,0001,0001,000
21/28 ---137273410410---
22/27 ---137273410410---
24 ---137273410410---
29/58 41,18840,47737,46123,95218,51712,41925,8017,3815,8641,237
3 38,23636,19035,11219,07612,050-----
30/36 38,23636,19035,11219,07612,050-----
40/41 332337--4,4618,32225,8017,3815,8641,237
40 332---4741,79820,5864,7343,486-
41 -337--3,9876,5245,2142,6462,3771,237
54/58 1,7793,1081,5074,0351,1643,255----
490/1 842842842842842842----
Balance sheet: equity and liabilities
10/49 41,18840,47737,46124,42219,45713,82927,2118,3816,8642,237
10/15 8,1877,64012,79212,6209,92213,7748,9266,8465,458-6,455
10/11 100100100100100100100100100100
10 100100100100100-----
100 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 18,50018,50018,50018,50018,50018,50018,50018,50018,50018,500
13 101010101010101010-
130/1 10101010101010---
130 101010101010101010-
14 8,0777,53012,68212,5109,81213,6648,8166,7365,348-6,555
17/49 33,00232,83724,66911,8039,5355518,2841,5351,4068,692
42/48 33,00232,83724,66911,8039,5355518,2841,5351,4068,692
44 5,1116,1531,2363,5799,535-13,100-4828,418
440/4 5,1116,1531,2363,5799,535-13,100-4828,418
45 8,0696,9666,467805--5,1291,480869274
450/3 8,0696,9666,467805--5,1291,480869274
47/48 19,82219,71816,9667,420-55555555-
Income statement
70 -----34,51114,5002,91150,355-
9900 692-5,0219733,3611,3874,8482,4281,58211,913-6,555
60/61 -----29,66312,0721,32938,442-6,555
630 --470470470-----
640/8 --58-156-348195--
9901 692-5,0214452,8917624,8482,0811,38711,913-6,555
65/66B 145131272101113-----
65 145131272101113-----
9903 547-5,1521732,7906484,8482,0811,38711,913-6,555
67/77 ---93------
9904 547-5,1521732,6976484,8482,0811,38711,913-6,555
9905 547-5,1521732,6976484,8482,0811,38711,913-6,555
Appropriation of the result
9906 8,0777,53012,68212,5109,81213,6648,8166,7365,358-6,555
14P 7,53012,68212,5109,8129,164-----
691/2 --------10-
6920 --------10-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 24-06-2026 2026-00199906 PDF
31-12-2024 micro format 30-06-2025 2025-00226669 PDF
31-12-2023 micro format 10-06-2024 2024-00121850 PDF
31-12-2022 micro format 22-09-2023 2023-00464871 PDF
31-12-2021 micro format 31-08-2022 2022-20391917 PDF
31-12-2020 abbreviated format 16-06-2021 2021-22200413 PDF
31-12-2019 abbreviated format 16-06-2021 2021-22200455 PDF
31-12-2018 abbreviated format 15-07-2020 2020-31000060 PDF
31-12-2017 abbreviated format 15-07-2020 2020-31000101 PDF
31-12-2016 abbreviated format 15-07-2020 2020-31900102 PDF

Subsidies and aid

Flemish government 2023 to 2025, 2 entries, €4,000 awarded, €4,000 paid

Hinderpremie bij openbare werken
€4,000
Year Entries AwardedPaid
2025 1 €2,000€2,000
2023 1 €2,000€2,000

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
--9153,3611,232-----
--6433,1671,118-----
--333333333-410---
-1,3291,601-2,5282,871-2,091-----
8,1877,64012,79212,1498,98212,3647,5165,8454,458-7,455
-----14.0%14.4%47.7%23.7%-
19.9%18.9%34.1%51.7%51.0%99.6%32.8%81.7%79.5%-
1.251.231.522.031.94-1.414.814.17-
0.090.130.100.410.68-1.414.814.17-
4.034.301.930.940.960.002.050.220.26-
6.7%-67.4%1.3%21.4%6.5%35.2%23.3%20.3%218.3%-
1.3%-12.7%0.5%11.0%3.3%35.1%7.6%16.6%173.6%-
--3.3633.2710.87-----
-----19 days518 days594 days25 days-
------396 days-5 days-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€333€333
--€470€470€470

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SMARTECH

The operating result for 2025 is a profit of €692, after a loss of €5,021 in 2024. It is the highest result since 2022.

Debt's share of the balance-sheet total falls from 81.1% to 80.1%. Equity and debt are higher.

Timeline

Timeline

18 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 37 days before the deadline
2025
Back to profit net €547 The net result is €547, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0645825505
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
New establishment in Ghent Antwerpsesteenweg 55
2024
Annual accounts 2023 filed PDFmicro format · 51 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 53 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2019 filed PDFabbreviated format · 320 days late
Annual accounts 2020 filed PDFabbreviated format · 45 days before the deadline
2020
Liquidity times 160 current ratio 225.79 The current ratio rises from 1.41 to 225.79. Short-term debt falls from €18,284 to €55.
Annual accounts 2016 filed PDFabbreviated format · 1080 days late
Annual accounts 2017 filed PDFabbreviated format · 715 days late
Annual accounts 2018 filed PDFabbreviated format · 350 days late
2017
Back to profit net €11,913 The net result is €11,913, after one loss-making year.
Liquidity more than 29 times current ratio 4.17 The current ratio rises from 0.14 to 4.17. Short-term debt falls from €8,692 to €1,406.
2016
Incorporation PDFpublished on 14-01-2016
First establishment Bevrijdingslaan 56, Ghent

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 12 January 2016, SMARTECH was incorporated.1 Turnover went from €2,911 in 2018 to €34,511 in 2020.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2020

Company details

Identity

Enterprise number
0645.825.505
VAT number
BE 0645.825.505
Peppol ID
0208:0645825505
Other Peppol ID
9925:BE0645825505
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
12-01-2016
Financial year
ends on 31 December
Peppol
Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SMARTECH in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
47400 Retail sale of information and communication equipment main activity
Codes under NACEBEL 2008
47420 Retail trade main activity

Registered office and establishments

2 establishments
Establishment Since Unit number
Bevrijdingslaan 56 registered office 9000 Ghent 12-01-2016 2.300.861.378
Antwerpsesteenweg 55 9000 Ghent 61900 Telecommunications 05-04-2025 2.371.924.073

Buildings and parcels at the addresses

Ground area
524 m²
Buildings
299 m²
Volume, LiDAR
2,506 m³
Tallest building
14.5 m
Buildings to scale, each on its own parcel
243 m², 14.5 m 56 m², 11.4 m 243 m², 14.5 m 56 m², 11.4 m

Location

registered office establishment All 2 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44807G0885/22K000463 m² 1 · 243 m² 14.5 m · 4
44816K0502/00F00562 m² 1 · 56 m² 11.4 m · 3

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