SMARTFLATS
BankruptcySummary
The KBO register records for SMARTFLATS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €260,472 and a net result of -€7.9m.
Are you a creditor?
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Opened
- 10 July 2025
- Track
- Reorganisation by collective agreement
- Docket number
- 20250097
- Moratorium until
- 5 November 2025 (passed; an extension would be in a later judgment)
- Delegated judge
- Paul Vanderhoeven
- Official Gazette
- 23-07-2025 (pdf) ↗search the document for 2025/131508
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
General information, not legal advice. If in doubt, your lawyer or your accountant can help. Full guide for creditors
Signals
This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €11.5m | €15.3m | €11.8m | ▼ 22.7% |
| Turnover70 | - | - | €11.1m | €14.9m | €11.0m | ▼ 26.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €0 | - |
| Own construction capitalised72 | - | - | - | - | €578,970 | - |
| Other operating income74 | - | - | €90,974 | €415,740 | €297,473 | ▼ 28.4% |
| Non-recurring operating income76A | - | €15,025 | €387,898 | - | - | - |
| Operating charges60/66A | - | - | €10.8m | €15.3m | €18.3m | ▲ 19.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | -€4 | -€26 | ▼ 528% |
| Purchases600/8 | - | - | - | - | €0 | - |
| Change in stocks: decrease (increase)609 | - | - | - | -€4 | -€26 | ▼ 528% |
| Services and other goods61 | - | - | €9.5m | €13.4m | €14.9m | ▲ 11.8% |
| Remuneration, social security and pensions62 | - | €642,689 | €700,932 | €1.1m | €1.3m | ▲ 19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €280,201 | €412,085 | €410,992 | €510,573 | €687,195 | ▲ 34.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€82 | - | -€48,284 | €399,974 | ▲ 928% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €0 | - |
| Other operating charges640/8 | - | €313,488 | €219,275 | €420,599 | €1.0m | ▲ 139% |
| Operating charges capitalised as restructuring costs649 | - | - | -€50,000 | - | €0 | - |
| Non-recurring operating charges66A | - | €18,626 | €54,582 | - | -€27,507 | - |
| Gross operating margin9900 | €384,387 | -€85,607 | - | - | - | - |
| Operating profit (loss)9901 | -€257,192 | -€1.5m | €753,543 | -€14,411 | -€6.5m | ▼ 44,749% |
| Financial income75/76B | - | €182 | €6 | - | €9,210 | - |
| Recurring financial income75 | €2,167 | €182 | €6 | - | €9,210 | - |
| Income from financial fixed assets750 | - | - | - | - | €0 | - |
| Income from current assets751 | - | - | - | - | €9,043 | - |
| Other financial income752/9 | - | - | €6 | - | €167 | - |
| Financial charges65/66B | - | €238,358 | €161,801 | €190,025 | €1.4m | ▲ 612% |
| Recurring financial charges65 | €62,730 | €238,358 | €161,801 | €190,025 | €1.3m | ▲ 586% |
| Debt charges650 | - | - | €160,617 | €16,289 | €198,830 | ▲ 1,121% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €1.0m | - |
| Other financial charges652/9 | - | - | €1,184 | €173,736 | €92,985 | ▼ 46.5% |
| Non-recurring financial charges66B | - | - | - | - | €50,000 | - |
| Profit (loss) for the period before taxes9903 | -€317,756 | -€1.7m | €591,747 | -€204,436 | -€7.8m | ▼ 3,719% |
| Transfer from deferred taxes780 | - | - | - | - | €0 | - |
| Transfer to deferred taxes680 | - | - | - | - | €0 | - |
| Income taxes67/77 | - | - | - | - | €59,929 | - |
| Taxes670/3 | - | - | - | - | €59,929 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | -€317,756 | -€1.7m | €591,747 | -€204,436 | -€7.9m | ▼ 3,749% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €0 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0 | - |
| Profit (loss) for the period to be appropriated9905 | -€317,756 | -€1.7m | €591,747 | -€204,436 | -€7.9m | ▼ 3,749% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €7.3m | €6.8m | €7.2m | €12.9m | ▲ 78.6% |
| Formation expenses20 | €4,849 | €23,402 | €16,831 | €11,249 | €5,651 | ▼ 49.8% |
| Fixed assets21/28 | €1.8m | €5.3m | €2.6m | €3.6m | €9.8m | ▲ 176% |
| Intangible fixed assets21 | €79,544 | €74,321 | €42,728 | €124,568 | €205,441 | ▲ 64.9% |
| Tangible fixed assets22/27 | €1.4m | €5.1m | €2.5m | €3.3m | €4.2m | ▲ 28.7% |
| Land and buildings22 | - | €3.0m | €0 | - | €0 | - |
| Plant, machinery and equipment23 | - | €179,685 | €154,738 | €152,396 | €116,655 | ▼ 23.5% |
| Furniture and vehicles24 | - | €481,050 | €424,419 | €323,908 | €226,720 | ▼ 30.0% |
| Leasing and similar rights25 | - | - | - | - | €0 | - |
| Other tangible fixed assets26 | - | €1.4m | €1.9m | €2.8m | €3.9m | ▲ 38.4% |
| Assets under construction and advance payments27 | - | - | - | - | €0 | - |
| Financial fixed assets28 | €331,332 | €179,581 | €110,103 | €180,636 | €5.4m | ▲ 2,903% |
| Affiliated companies280/1 | - | - | €50,000 | €50,000 | €3.1m | ▲ 6,001% |
| Participating interests280 | - | - | €50,000 | €50,000 | €3.1m | ▲ 6,001% |
| Amounts receivable281 | - | - | €0 | - | €0 | - |
| Companies linked by participating interests282/3 | - | - | - | - | €0 | - |
| Participating interests282 | - | - | - | - | €0 | - |
| Amounts receivable283 | - | - | - | - | €0 | - |
| Other financial fixed assets284/8 | - | - | €60,103 | €130,636 | €2.4m | ▲ 1,718% |
| Shares284 | - | - | - | - | €0 | - |
| Amounts receivable and cash guarantees285/8 | - | - | €60,103 | €130,636 | €2.4m | ▲ 1,718% |
| Current assets29/58 | €389,213 | €1.9m | €4.1m | €3.6m | €3.1m | ▼ 16.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €0 | - |
| Trade receivables290 | - | - | - | - | €0 | - |
| Other amounts receivable291 | - | - | - | - | €0 | - |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Stocks30/36 | - | - | - | - | €0 | - |
| Raw materials and consumables30/31 | - | - | - | - | €0 | - |
| Work in progress32 | - | - | - | - | €0 | - |
| Finished goods33 | - | - | - | - | €0 | - |
| Goods purchased for resale34 | - | - | - | - | €0 | - |
| Property held for sale35 | - | - | - | - | €0 | - |
| Advance payments36 | - | - | - | - | €0 | - |
| Contracts in progress37 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €256,317 | €1.5m | €3.0m | €2.8m | €2.7m | ▼ 1.0% |
| Trade receivables40 | - | €1.4m | €2.9m | €2.7m | €585,488 | ▼ 78.4% |
| Other amounts receivable41 | - | €62,790 | €81,555 | €48,689 | €2.1m | ▲ 4,307% |
| Current investments50/53 | - | - | - | - | €0 | - |
| Own shares50 | - | - | - | - | €0 | - |
| Other investments51/53 | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €37,271 | €343,985 | €879,730 | €650,049 | €54,479 | ▼ 91.6% |
| Deferred charges and accrued income490/1 | - | €109,134 | €215,640 | €232,749 | €272,661 | ▲ 17.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €7.3m | €6.8m | €7.2m | €12.9m | ▲ 78.6% |
| Equity10/15 | €237,291 | €939,465 | €3.3m | €3.1m | €260,472 | ▼ 91.7% |
| Contributions10/11 | €953,706 | €3.4m | €5.2m | €5.2m | €10.2m | ▲ 96.8% |
| Capital10 | - | €3.4m | €5.2m | €5.2m | €10.2m | ▲ 96.8% |
| Issued capital100 | - | €3.4m | €5.2m | €5.2m | €10.2m | ▲ 96.8% |
| Uncalled capital101 | - | - | - | - | €0 | - |
| Outside capital11 | - | - | - | - | €0 | - |
| Share premium1100/10 | - | - | - | - | €0 | - |
| Other1109/19 | - | - | - | - | €0 | - |
| Revaluation surpluses12 | - | - | - | - | €0 | - |
| Reserves13 | €299 | €299 | €299 | €299 | €299 | ▲ 0.1% |
| Non-distributable reserves130/1 | - | €299 | €299 | €299 | €299 | ▲ 0.1% |
| Legal reserve130 | - | €299 | - | €299 | €299 | ▲ 0.1% |
| Reserves not available under the articles1311 | - | - | €299 | - | €0 | - |
| Own shares acquired1312 | - | - | - | - | €0 | - |
| Financial assistance1313 | - | - | - | - | €0 | - |
| Other1319 | - | - | - | - | €0 | - |
| Tax-exempt reserves132 | - | - | - | - | €0 | - |
| Distributable reserves133 | - | - | - | - | €0 | - |
| Profit (loss) carried forward14 | -€716,714 | -€2.4m | -€1.8m | -€2.0m | -€9.9m | ▼ 386% |
| Investment grants15 | - | - | - | - | €0 | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €0 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €0 | - |
| Pensions and similar obligations160 | - | - | - | - | €0 | - |
| Taxes161 | - | - | - | - | €0 | - |
| Major repairs and maintenance162 | - | - | - | - | €0 | - |
| Environmental obligations163 | - | - | - | - | €0 | - |
| Other liabilities and charges164/5 | - | - | - | - | €0 | - |
| Deferred taxes168 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €1.9m | €6.3m | €3.4m | €4.1m | €12.6m | ▲ 209% |
| Amounts payable after more than one year17 | €165,310 | €340,027 | €195,272 | €93,854 | €1.0m | ▲ 980% |
| Financial debts170/4 | - | €340,027 | €192,430 | €93,854 | €1.0m | ▲ 980% |
| Subordinated loans170 | - | - | - | - | €0 | - |
| Unsubordinated bonds171 | - | - | - | - | €0 | - |
| Leasing and similar obligations172 | - | - | - | - | €0 | - |
| Credit institutions173 | - | - | €192,430 | €93,854 | €1.0m | ▲ 980% |
| Other loans174 | - | - | - | - | €0 | - |
| Trade debts175 | - | - | - | - | €0 | - |
| Suppliers1750 | - | - | - | - | €0 | - |
| Bills of exchange payable1751 | - | - | - | - | €0 | - |
| Advances received on contracts in progress176 | - | - | - | - | €0 | - |
| Other amounts payable178/9 | - | - | €2,842 | - | €0 | - |
| Amounts payable within one year42/48 | €1.6m | €5.5m | €3.0m | €3.9m | €11.5m | ▲ 191% |
| Current portion of amounts payable after more than one year42 | - | €2.8m | €155,535 | €103,765 | €5.3m | ▲ 5,055% |
| Financial debts43 | - | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | - | €0 | - |
| Other loans439 | - | - | - | - | €0 | - |
| Trade debts44 | €1.4m | €2.4m | €2.6m | €3.0m | €4.5m | ▲ 48.0% |
| Suppliers440/4 | - | €2.0m | €2.6m | €3.0m | €4.5m | ▲ 48.0% |
| Bills of exchange payable441 | - | €406,247 | - | - | €0 | - |
| Advances received on contracts in progress46 | - | - | - | - | €0 | - |
| Taxes, remuneration and social security45 | - | €313,947 | €216,058 | €777,349 | €541,918 | ▼ 30.3% |
| Taxes450/3 | - | €75,874 | €67,128 | €513,661 | €209,120 | ▼ 59.3% |
| Remuneration and social security454/9 | - | €238,072 | €148,931 | €263,688 | €332,798 | ▲ 26.2% |
| Other amounts payable47/48 | - | - | - | €24,539 | €1.1m | ▲ 4,410% |
| Accrued charges and deferred income492/3 | - | €505,465 | €263,700 | €51,846 | €118,831 | ▲ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€317,756 | -€1.7m | €591,747 | -€204,436 | -€7.9m | ▼ 3,749% |
| + Depreciation and write-downs630 | €280,201 | €412,085 | €410,992 | €510,573 | €687,195 | ▲ 34.6% |
| Operating cash flow (approximation) | -€37,554 | -€1.3m | €1.0m | €306,137 | -€7.2m | ▼ 2,446% |
| Investment in fixed assets (approximation) | - | -€3.9m | €2.3m | -€1.4m | -€6.9m | ▼ 383% |
| Change in cash | - | €306,714 | €535,746 | -€229,681 | -€595,570 | ▼ 159% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
50 establishment units
Show 44 more locations
49 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1794/00Y006 | Brussels | 6,898 m² | 1 · 1,768 m² | 33.8 m · 10 fl. |
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
| 21572B0353/00K000 | Brussels | 1,248 m² | 1 · 857 m² | 29.0 m · 8 fl. |
| 21810L2197/00Y018 | Brussels | 1,036 m² | 1 · 775 m² | 36.8 m · 10 fl. |
| 21009A0376/00C010 | Brussels | 899 m² | 1 · 224 m² | 20.4 m · 5 fl. |
| 21802B0372/00A000 | Brussels | 811 m² | 1 · 146 m² | 27.9 m · 9 fl. |
| 44803C0142/00K000 | Flanders | 808 m² | 1 · 626 m² | 19.4 m · 3 fl. |
| 44803C0179/00M000 | Flanders | 594 m² | 1 · 571 m² | 17.2 m · 2 fl. |
| 62063A0950/00E000 | Wallonia | 476 m² | 1 · 197 m² | 21.3 m · 7 fl. |
| 11803C1446/00F000 | Flanders | 451 m² | 1 · 190 m² | 15.5 m · 4 fl. |
| 21004A0281/00G000 | Brussels | 422 m² | 1 · 220 m² | 16.4 m · 4 fl. |
| 21802B0948/00D000 | Brussels | 391 m² | 1 · 389 m² | 19.9 m · 5 fl. |
| 24502B1189/00A000 | Flanders | 370 m² | 1 · 342 m² | 16.1 m · 4 fl. |
| 21802B1634/00W000 | Brussels | 359 m² | 1 · 331 m² | 25.3 m · 8 fl. |
| 62813E0298/00P000 | Wallonia | 344 m² | 1 · 125 m² | 23.9 m · 6 fl. |
| 21806F0148/00Z000 ProtectedMonumentArt-nouveauhuis |
Brussels | 341 m² | 1 · 184 m² | 20.6 m · 6 fl. |
| 11808H1225/00E000 | Flanders | 341 m² | 1 · 341 m² | 19.4 m · 4 fl. |
| 62063A0904/00B000 | Wallonia | 319 m² | 1 · 46 m² | 20.3 m · 7 fl. |
| 11805E1280/00V007 | Flanders | 290 m² | 1 · 324 m² | - |
| 21004A1297/00L000 | Brussels | 289 m² | 1 · 266 m² | 24.8 m · 8 fl. |
| 21802B1460/00B002 ProtectedMonumentVoormalig Groot Huis van het Witgoed |
Brussels | 289 m² | 1 · 250 m² | 24.8 m · 7 fl. |
| 11808H1243/00Z000 | Flanders | 272 m² | 1 · 272 m² | - |
| 21802B0889/00P000 | Brussels | 272 m² | 1 · 261 m² | 26.6 m · 8 fl. |
| 21808H0973/00G000 | Brussels | 260 m² | 1 · 222 m² | 26.9 m · 8 fl. |
| 44803C1196/00F000 | Flanders | 244 m² | 1 · 107 m² | 18.3 m · 5 fl. |
| 44804D1819/00C000 | Flanders | 241 m² | 1 · 188 m² | 19.5 m · 5 fl. |
| 21802B0078/00K003 | Brussels | 226 m² | 1 · 225 m² | 22.2 m · 6 fl. |
| 11803C1653/00C000 | Flanders | 224 m² | 1 · 239 m² | 20.8 m · 5 fl. |
| 11808H1168/00C003 | Flanders | 222 m² | 1 · 80 m² | 19.6 m · 5 fl. |
| 21004A0633/00F000 | Brussels | 221 m² | 1 · 189 m² | 22.4 m · 7 fl. |
| 11803C1434/00C000 ProtectedMonumentHandels- en kantoorgebouw in art nouveau: gevels, bedaking en winkelinrichtingSource ↗ |
Flanders | 217 m² | 1 · 311 m² | 30.4 m · 4 fl. |
| 62063C1210/00C000 ProtectedMonument |
Wallonia | 215 m² | 1 · 61 m² | 14.5 m · 4 fl. |
| 11803C1192/00D000 | Flanders | 193 m² | 1 · 175 m² | 21.1 m · 6 fl. |
| 21802B1661/00D000 | Brussels | 173 m² | 1 · 168 m² | 29.7 m · 6 fl. |
| 21013B0018/00C003 | Brussels | 165 m² | 1 · 165 m² | 21.0 m · 6 fl. |
| 21004A0607/00B000 | Brussels | 162 m² | 1 · 124 m² | 20.1 m · 6 fl. |
| 21808H1938/00D000 | Brussels | 153 m² | 1 · 240 m² | 18.7 m · 3 fl. |
| 11803C1196/00G000 | Flanders | 142 m² | 1 · 138 m² | 23.9 m · 7 fl. |
| 21807G0088/00W002 | Brussels | 134 m² | 1 · 161 m² | 20.8 m · 6 fl. |
| 11803C1151/00H000 | Flanders | 132 m² | 1 · 132 m² | 19.3 m · 5 fl. |
| 21811M0744/00H000 | Brussels | 124 m² | 1 · 117 m² | 23.3 m · 6 fl. |
| 11803C0190/00H000 | Flanders | 124 m² | 1 · 99 m² | 17.8 m · 5 fl. |
| 21808H1926/02A000 | Brussels | 113 m² | 1 · 101 m² | 18.6 m · 5 fl. |
| 21808H1715/00K000 | Brussels | 113 m² | 1 · 113 m² | 20.9 m · 6 fl. |
| 21802B1058/00K000 | Brussels | 103 m² | 1 · 86 m² | 23.8 m · 7 fl. |
| 21009A0766/00C004 | Brussels | 83 m² | 1 · 83 m² | 16.2 m · 5 fl. |
| 21802B1637/00D000 | Brussels | 80 m² | 1 · 80 m² | 25.5 m · 7 fl. |
| 21004A0603/00A000 | Brussels | 75 m² | 1 · 60 m² | 16.5 m · 5 fl. |
| 21004A0407/00_000 | Brussels | 16 m² | 1 · 17 m² | 17.1 m · 5 fl. |
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Identification & contact
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