Shareholders
- I&DP10%
From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Smartfin Capital III is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €61.7m and a net result of -€1.9m. Equity is growing by about 48% per year across the filed financial years. Its solvency ranks better than 85% of 9,743 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 07-04-2023 Normal situation
- Legal form
- Limited partnership
- Registered office
- Priester Cuypersstraat 3, 1040 Etterbeek
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.344.552.257 2860 Sint-Katelijne-Waver, since 07-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-04-2025
Who decides
Board
- SMARTFIN MANAGEMENTManager · since 07-04-2023 · permanent representative Bart Luyten
Shareholders
- Holdings
- Shares in 3 companies including MAXFLOW and Incard Group Holding Ltd
How it is doing
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Loss
- €1.9m
- ▲ 103%
- Equity
- €61.7m
- ▲ 65.1%
- Total assets
- €71.4m
- ▲ 89.4%
2025 accounts 58 days early
Filed on 03-06-2026PDF
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
58 days early
2024
43 days early
2023
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 48 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 03-06-2026
- Annual accounts 2024filed on 18-06-2025
- Annual accounts 2023filed on 19-06-2024
Acts in the Belgian Official Gazette
- Amendment of the articlesact of 03-12-2024
- Amendment of the articlesact of 11-07-2024
- Amendment of the articlesact of 22-12-2023
- Amendment of the articlesact of 07-06-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Smartfin Capital III
- What is the company number of Smartfin Capital III?
- 0800.554.064. In Belgium the VAT number is the company number with BE in front: BE 0800.554.064.
- Where is Smartfin Capital III based?
- The registered office is at Priester Cuypersstraat 3, 1040 Etterbeek.Company details
- What does Smartfin Capital III do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Smartfin Capital III?
- Limited partnership (CommV).
- When was Smartfin Capital III founded?
- On 07-04-2023.
- Is Smartfin Capital III still active?
- Yes, Smartfin Capital III is an active enterprise in the KBO register.
- What is the turnover of Smartfin Capital III?
- The annual accounts for financial year 2025 state no turnover: the micro format does not require it.Financials
- Is Smartfin Capital III profitable?
- In financial year 2025, Smartfin Capital III made a loss of €1.9m.
- Where can I find the annual accounts of Smartfin Capital III?
- Smartfin Capital III filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Smartfin Capital III due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Smartfin Capital III
Subsidiaries and holdings
- MAXFLOW23.58%
Comparable companies
- AXI Holdings ServicesMechelen
- ALIZEE INTERNATIONALBrussel
- Hillewaere Group BelgiumTurnhout
- BRIMARALBrussel
- Dana TM4 Electric HoldingsBrugge
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What were this company's board, registered office and name on a given date?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.