SMARTECH
ActiveThe computed 12-month bankruptcy probability of SMARTECH is 3.2% (moderate). For SMARTECH, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €32k and a net result of €22k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 59% of 375 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency74▲+20
Growth75▲+45
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
48.6%
Return on assets
34.1%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-02-2025, 208 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
208 d late
2022
543 d late
2021
261 d late
2020
627 d late
2019
990 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€226k▲ 85.0%
2022 · €122k
2018: €133k
2019: €48k
2020: €79k
2021: €99k
2022: €122k
2018 → 2023
EBIT margin
10.0%▲ 19.2pp
2022 · -9.2%
2018: 15.9%
2019: -26.6%
2020: -4.0%
2021: 9.6%
2022: -9.2%
2018 → 2023
Net result
€22k
2022 · €-11k
2018: €18k
2019: €-14k
2020: €-3k
2021: €9k
2022: €-11k
2018 → 2023
Working capital
€31k▲ 249%
2022 · €9k
2018: €27k
2019: €13k
2020: €11k
2021: €20k
2022: €9k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€48k-€79k▲ 63.5%€99k▲ 25.2%€122k▲ 23.2%€226k▲ 85.0%
Equity€14k-€11k▼ 16.7%€21k▲ 81.9%€9k▼ 54.4%€32k▲ 236%
Operating result€-13k-€-3k▲ 75.2%€10k€-11k€22k
Net result€-14k-€-3k▲ 76.4%€9k€-11k€22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €22k after a loss of €11k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €66k
Fixed assets
€500=
Current assets
€65k▲ 99.1%
Equity and liabilities €66k
Equity
€32k▲ 236%
Debt
€34k▲ 42.2%
The debt ratio falls from 71.4% to 51.4%. Equity and debt are higher.
Key figures and ratios
Solvency
48.6%▲
2022 · 28.6%
Current ratio
1.93▲
2022 · 1.38
Quick ratio
1.81▲
2022 · 1.25
Debt / equity
1.06▼
2022 · 2.50
ROE
70.2%▲
2022 · -119.5%
ROA
34.1%▲
2022 · -34.2%
Debt
€34k▲
2022 · €24k
Debt ≤ 1 year
€34k▲
2022 · €24k
Staff costs
€31k▲
2022 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€33k€66k▲
Fixed assets21/28€500€500=
Financial fixed assets28€500€500=
Current assets29/58€33k€65k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40-€13k
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€26k€42k▲
Deferred charges and accrued income490/1€150-
Equity and liabilities
Total equity and liabilities10/49€33k€66k▲
Equity10/15€9k€32k▲
Contributions10/11€26k€26k=
Outside capital11€26k€26k=
Other1109/19€26k€26k=
Reserves13€379€379=
Non-distributable reserves130/1€379€379=
Legal reserve130€379€379=
Profit (loss) carried forward14€-17k€6k▲
Amounts payable17/49€24k€34k▲
Amounts payable within one year42/48€24k€34k▲
Financial debts43€5k€5k=
Credit institutions430/8€5k€5k=
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€6k€14k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€8k-
Income statement
Code20222023
Turnover70€122k€226k▲
Non-recurring operating income76A-€727
Goods, raw materials, services and sundry goods60/61€74k€155k▲
Remuneration, social security and pensions62€29k€31k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€30k-
Other operating charges640/8-€19k
Gross operating margin9900€48k€72k▲
Operating profit (loss)9901€-11k€22k▲
Financial charges65/66B€109€114▲
Recurring financial charges65€109€114▲
Profit (loss) for the period before taxes9903€-11k€22k▲
Profit (loss) for the period9904€-11k€22k▲
Profit (loss) for the period to be appropriated9905€-11k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€6k▲
Profit (loss) brought forward from the previous period14P€-5k€-17k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 208 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 543 days late
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 627 days late
18-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 261 days late
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 990 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 260 days late
15-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 624 days late
2019
31-12
Financial
Weakest financial yearnet €-14k ▼179%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 140 days late
2016
11-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 195 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-02-2015
Resigned as Managing director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stalingradlaan 521000 BrusselGround area
610 m²
Building footprint
423 m²
Volume, LiDAR
5,124 m³
2 parcels, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SMARTECH
since 20102.183.647.073
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
| 21306D0339/00M007 | Brussels | 275 m² | 1 · 84 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BIZZBONE
BE 0833.697.083
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ARSEN K
BE 0879.435.850
Evere · Eq €32k
SEATEC CONSULT
BE 0456.210.596
Antwerpen · Eq €32k
SD1 - TELECOM
BE 0746.401.637
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ONEFIELD SERVICES
BE 0786.702.068
Nivelles · Eq €31k
Of 1,376 companies in sector 61100 we hold annual accounts for 586. 365 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-12-2009
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
95100Repair and maintenance of computers and communication equipment
95120Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.