Skip to content

Smartex

Active
Private limited companyfounded 2014active for 11 yearsRue des Bayards 147, 4000 Liège, BelgiumKBO/BCE: BE 0506.657.625
Summary

The computed 12-month bankruptcy probability of Smartex is 1.9% (moderate). The annual accounts of Smartex for financial year 2025 show a net loss of 85% of the equity at the start of that year. The 2025 annual accounts show equity of €3,208 and a net result of -€18,554. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 19% of 255 sector peers (NACE 13, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-12-2014 Normal situation
Activity
Finishing of textiles NACE 13300and 1 other
Establishment unit
2.248.404.174 4020 Liège, since 01-10-2015
Financial year end
31 March
Peppol
Reachable since 17-12-2025

Board and ownership

Board
  • DEJALLE LoicDirector · since 10-11-2014
  • HENKIN GéraldDirector · since 12-03-2019

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts to 31-03-2025
Gross margin
€111,183
▼ 38.4%
Turnover
≈ €280,000
estimated
Loss
€18,554
▲ 265%
Equity
€3,208
▼ 85.3%
Total assets
€133,647
▼ 41.7%
Employees on 31-03-2025
3
=
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €18,554, the second in a row (financial year 2025)lowers riskSector: Manufacture of textiles (NACE 13)Size: total assets €133,647Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 13% of micro companies in textiles (NACE 13)
Financial strength · tick: 2024
Weak
Solvency 27-7
equity 2.4% of total assets
Liquidity 11-4
short-term debt 76.9% · cash 2.5%
Profitability 24-42
return on assets -13.9%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.3 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%▲ +0.9 percentage points vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.4%▼ -0.1 percentage points vs 07-2026 09-2026: 1.3%▼ -0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.4 percentage points vs 09-2026 11-2026: 1.9%▲ +0.2 percentage points vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.81 (0.95 in 2024), below 1. Short-term debt is 76.9% and cash 2.5% of total assets. 97.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 13, micro). It does better than 14% of them on solvency, 9% on liquidity, 24% on profitability and 4% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Seven signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €18,554, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
lowers risk · Size: total assets €133,647
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€18,554
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 255 sector peers (2025).
NBB · sector comparison
Position among 255 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
not filed
2025
10 days early
2024
on the day
2023
5 days early
2022
73 days early
2021
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 20 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 87% of companies in textilessector median €5,220 · 255 companies -€18,554 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€18,554 View

Recent changes

  1. · Gazette deed Registered office moved within LiègeNew seat: Rue des Bayards, 147-4000 LIEGE · Previous seat: Rue de Liège 141, 4020 LIEGE
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Smartex: finishing of textiles (NACE 13300). They are comparable in size and age: total assets between €92,300 and €297,000, founded between 2007 and 2018.

CompanyTotal assetsGross margin
Smartex Liège€133,647€111,183
CVG Awans€92,281€70,370
Publipand Heist-op-den-Berg€159,436€88,247
PYROMEDIA Kortrijk€116,766€57,522
KAMELEON TEXTILE Mons€197,499€110,986
PS & Partners Solutions & Services Hulshout€296,835€82,701
Advocatenkantoor Jo Dewez Hasselt€145,643€37,206
Full comparison

Key facts about Smartex

What is the company number of Smartex?
The company number of Smartex is 0506.657.625. The VAT number is the same number with BE in front: BE 0506.657.625.
Where is Smartex based?
The registered office is at Rue des Bayards 147, 4000 Liège.Company details
What does Smartex do?
According to the KBO register, the main activity is finishing of textiles (NACE 13300).
What is the legal form of Smartex?
The legal form of Smartex is Private limited company (BV).
When was Smartex founded?
Smartex was founded on 09-12-2014.
Is Smartex still active?
Yes, Smartex is an active enterprise in the KBO register.
How many employees does Smartex have?
Smartex had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Smartex?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €111,183 and 2,215 comparable companies of the same size. It probably lies between €190,000 and €430,000. It is a rough estimate.
Is Smartex profitable?
In financial year 2025, Smartex made a loss of €18,554.
Where can I find the annual accounts of Smartex?
Smartex filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.