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SmartEye

Active
Private limited companyfounded 201312 yrs activeTerbekehofdreef 24, 2610 Antwerpen, BelgiumKBO/BCE: BE 0542.740.338

SmartEye has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €789k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
97 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▲+63
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.7 against 1.14 in 2024; short-term debt: 14.4% and cash: 55% of total assets), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.9%
Return on assets
51.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
5 d early
2023
1 d early
2022
3 d early
2021
1 d early
2020
1 d early
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.13M▲ 229%
2024 · €344k
2018: €364k 2019: €645k 2020: €910k 2021: €2.00M 2022: €1.68M 2023: €1.45M 2024: €344k
2018 → 2025
Total assets
€1.53M▼ 51.8%
2024 · €3.18M
2018: €779k 2019: €1.00M 2020: €1.02M 2021: €2.52M 2022: €2.44M 2023: €2.32M 2024: €3.18M
2018 → 2025
Net result
€789k▼ 33.1%
2024 · €1.18M
2018: €137k 2019: €281k 2020: €265k 2021: €1.09M 2022: €718k 2023: €762k 2024: €1.18M
2018 → 2025
Working capital
€1.04M▲ 185%
2024 · €364k
2018: €58k 2019: €417k 2020: €684k 2021: €2.08M 2022: €2.08M 2023: €1.94M 2024: €364k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.00M-€1.68M▼ 15.9%€1.45M▼ 14.2%€344k▼ 76.2%€1.13M▲ 229%
Operating result€1.44M-€974k▼ 32.2%€1.03M▲ 5.4%€1.54M▲ 49.8%€1.04M▼ 32.1%
Net result€1.09M-€718k▼ 34.3%€762k▲ 6.0%€1.18M▲ 54.7%€789k▼ 33.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €1.44M€1.44MNet result 2021: €1.09M€1.09MOperating result 2022: €974k€974kNet result 2022: €718k€718kOperating result 2023: €1.03M€1.03MNet result 2023: €762k€762kOperating result 2024: €1.54M€1.54MNet result 2024: €1.18M€1.18MOperating result 2025: €1.04M€1.04MNet result 2025: €789k€789k20212022202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets €272k▲ 2.1%
Current assets €1.26M▼ 56.7%
Equity and liabilities €1.53M
Equity €1.13M▲ 229%
Provisions €179k▼ 33.7%
Debt €222k▼ 91.4%
The debt ratio falls from 80.7% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.15M
2024 · €1.62M
Cash flow
€898k
2024 · €1.26M
Solvency
73.9%
2024 · 10.8%
Current ratio
5.70
2024 · 1.14
Quick ratio
5.48
2024 · 1.14
Debt / equity
0.20
2024 · 7.46
ROE
69.6%
2024 · 342.8%
ROA
51.4%
2024 · 37.1%
Interest coverage
952.80
2024 · 1767.43
Debt
€222k
2024 · €2.57M
Debt ≤ 1 year
€221k
2024 · €2.55M
Income taxes
€264k
2024 · €380k
Staff costs
€467k
2024 · €568k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.18M€1.53M
Fixed assets21/28€266k€272k
Intangible fixed assets21€0-
Tangible fixed assets22/27€252k€232k
Plant, machinery and equipment23€164k€173k
Furniture and vehicles24€87k€60k
Financial fixed assets28€15k€40k
Current assets29/58€2.91M€1.26M
Stocks and contracts in progress3€0€48k
Stocks30/36€0€48k
Amounts receivable within one year40/41€24k€86k
Trade receivables40€24k€30k
Other amounts receivable41€58€56k
Current investments50/53€2.12M€251k
Cash at bank and in hand54/58€737k€843k
Deferred charges and accrued income490/1€29k€33k
Equity and liabilities
Total equity and liabilities10/49€3.18M€1.53M
Equity10/15€344k€1.13M
Contributions10/11€19k€19k=
Reserves13€325k€1.11M
Tax-exempt reserves132€183k€42k
Distributable reserves133€142k€1.07M
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€270k€179k
Provisions for liabilities and charges160/5€270k€179k
Other liabilities and charges164/5€270k€179k
Amounts payable17/49€2.57M€222k
Amounts payable within one year42/48€2.55M€221k
Trade debts44€42k€138k
Suppliers440/4€42k€138k
Taxes, remuneration and social security45€226k€83k
Taxes450/3€129k€3k
Remuneration and social security454/9€97k€80k
Other amounts payable47/48€2.28M€42
Accrued charges and deferred income492/3€17k€377
Income statement Code20242025
Remuneration, social security and pensions62€568k€467k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€110k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-326k€-91k
Other operating charges640/8€6k€5k
Non-recurring operating charges66A€2k€0
Gross operating margin9900€1.87M€1.53M
Operating profit (loss)9901€1.54M€1.04M
Financial income75/76B€23k€11k
Recurring financial income75€23k€11k
Financial charges65/66B€914€1k
Recurring financial charges65€914€1k
Profit (loss) for the period before taxes9903€1.56M€1.05M
Income taxes67/77€380k€264k
Profit (loss) for the period9904€1.18M€789k
Transfer from tax-exempt reserves789€134k€141k
Profit (loss) for the period to be appropriated9905€1.31M€929k
Appropriation of the result
Profit (loss) to be appropriated9906€2.42M€929k
Profit (loss) brought forward from the previous period14P€1.11M€0
Transfer to equity691/2€140k€929k
To other reserves6921€140k€929k
Profit to be distributed694/7€2.28M€0
Return on contributions (dividend)694€2.28M€0
Social balance
Average headcount (FTE)90879.77.8

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Liquidity times 5current ratio 5.70
Current ratio from 1.14 to 5.70; short-term debt falls from €2.55M to €221k.
30-09
Financial Equity above €1MEq €1.13M ▲229%
8 profitable years in a row build equity to €1.13M.
25-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Highest result since 2018net €1.18M ▲54.7%
Operating result €1.54M, net result €1.18M, both a record.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Equity above €2MEq €2.00M ▲120%
4 profitable years in a row build equity to €2.00M.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Liquidity quadruplescurrent ratio 8.05
Current ratio from 2.29 to 8.05; short-term debt falls from €323k to €97k.
27-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Liquidity doublescurrent ratio 2.29
Current ratio from 1.14 to 2.29; short-term debt falls from €415k to €323k.
30-09
Financial Equity above €500kEq €645k ▲77.2%
2 profitable years in a row build equity to €645k.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Antwerpen · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Terbekehofdreef 242610 Antwerpen
Ground area
3,807 m²
Building footprint
1,011 m²
Volume, LiDAR
6,581 m³
Parcel 11463D0203/00G000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SmartEye
Terbekehofdreef 24, 2610 AntwerpenPrinting and reproduction of recorded media
since 20202.308.396.496
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0203/00G000 Flanders 3,807 m² 1 · 1,011 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 13 entries · 106,754 EUR awarded · 106,622 EUR paid
Year Entries awardedpaid
2025 2 12,436 EUR12,436 EUR
2024 4 35,596 EUR41,224 EUR
2023 4 27,306 EUR34,154 EUR
2022 3 31,416 EUR18,808 EUR
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
3 entries · 58,046 EUR · 58,046 EUR paid · Departement Werk en Sociale Economie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
2 entries · 25,000 EUR · 25,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidies voor internationaal ondernemen
1 entry · 9,000 EUR · 9,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 8,333 EUR · 8,201 EUR paid · Fonds voor Innoveren en Ondernemen
Werkbaarheidscheque (stopgezet)
2 entries · 4,428 EUR · 4,428 EUR paid · Departement Werk en Sociale Economie
Show 1 more
Vlaams opleidingsverlof (VOV)
1 entry · 1,947 EUR · 1,947 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

699400ATMZ1EBJFZC588
live in the LEI register

Similar companies · same sector, comparable size

Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 608 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-11-2013
Fiscal year end30-09
Trade name NL Studenten Internet
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
43211General electrical installation work
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
61300Telecommunications
61900Telecommunications
82100Office administrative and support services
82190Office administrative, office support and other business support activities
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.