Smartgreen
ActiveSummary
For Smartgreen, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €41,248 and a net result of €969. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 28% of 10636 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
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
Profitability45▲+34
Solvency54▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
29.3%
Return on assets
0.7%
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 deadline30-09-2026 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 12-06-2025, 316 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
316 d late
2022
12 d early
2021
26 d early
2020
5 d late
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 66 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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.
Financials · fiscal year 2023, micro schema
Equity
€41,248▲ 2.4%
2022 · €40,278
Total assets
€140,547▼ 9.9%
2022 · €156,016
Net result
€969
2022 · -€9,903
Working capital
€27,424▲ 18.0%
2022 · €23,235
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€42,592€28,467▼ 33.2%-€7,564-€16,299▼ 115%€4,069
Net result€29,510€19,728within the sector's middle half▼ 33.1%-€7,951below the sector's middle half-€9,903below the sector's middle half▼ 24.5%€969below the sector's middle half
Equity€38,404▲ 332%€58,132within the sector's middle half▲ 51.4%€50,181within the sector's middle half▼ 13.7%€40,278within the sector's middle half▼ 19.7%€41,248within the sector's middle half▲ 2.4%
Total assets€200,301▲ 6.5%€182,684within the sector's middle half▼ 8.8%€105,229within the sector's middle half▼ 42.4%€156,016within the sector's middle half▲ 48.3%€140,547within the sector's middle half▼ 9.9%
Debt€161,897▼ 9.7%€124,552▼ 23.1%€55,048▼ 55.8%€115,737▲ 110%€99,300▼ 14.2%
Working capital€24,304€48,146within the sector's middle half▲ 98.1%€36,252within the sector's middle half▼ 24.7%€23,235within the sector's middle half▼ 35.9%€27,424within the sector's middle half▲ 18.0%
Solvency19.2%▲ 14.4pp31.8%within the sector's middle half▲ 12.6pp47.7%within the sector's middle half▲ 15.9pp25.8%below the sector's middle half▼ 21.9pp29.3%within the sector's middle half▲ 3.5pp
Current ratio1.15▲ 0.241.43within the sector's middle half▲ 0.281.79within the sector's middle half▲ 0.361.26within the sector's middle half▼ 0.531.38within the sector's middle half▲ 0.12
Return on assets (ROA)14.7%▲ 20.4pp10.8%within the sector's middle half▼ 3.9pp-7.6%below the sector's middle half▼ 18.4pp-6.3%below the sector's middle half▲ 1.2pp0.7%below the sector's middle half▲ 7.0pp
Staff (FTE)2.3▼ 41.0%2.1within the sector's middle half▼ 8.7%2▼ 4.8%2=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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: €4,069 after a loss of €16,299 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €140,547
Fixed assets
€41,633 ▼ 4.9%
Current assets
€98,914 ▼ 11.9%
Equity and liabilities €140,547
Equity
€41,248 ▲ 2.4%
Debt
€99,300 ▼ 14.2%
Debt's share of the balance-sheet total falls from 74.2% to 70.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,259▲
2022 · -€6,834
Cash flow
€6,159▲
2022 · -€438
Debt to equity
2.41▼
2022 · 2.87
ROE
2.4%▲
2022 · -24.6%
Interest coverage
2.99▲
2022 · -6.38
Debt ≤ 1 year
€71,490▼
2022 · €88,997
Debt > 1 year
€17,462▼
2022 · €26,393
Staff costs
€168,447▲
2022 · €135,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €113,968 | €135,415 | €168,447 | ▲ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,167 | €4,014 | €5,573 | €9,465 | €5,190 | ▼ 45.2% |
| Other operating charges640/8 | - | - | €1,268 | €3,305 | €1,438 | ▼ 56.5% |
| Gross operating margin9900 | €177,775 | €159,418 | €113,245 | €131,885 | €179,145 | ▲ 35.8% |
| Operating profit (loss)9901 | €42,592 | €28,467 | -€7,564 | -€16,299 | €4,069 | ▲ 125% |
| Financial income75/76B | - | - | €50 | €7,467 | - | - |
| Recurring financial income75 | €7 | €42 | €50 | €138 | - | - |
| Non-recurring financial income76B | - | - | - | €7,329 | - | - |
| Financial charges65/66B | - | - | €438 | €1,070 | €3,100 | ▲ 190% |
| Recurring financial charges65 | €1,023 | €286 | €438 | €1,070 | €3,100 | ▲ 190% |
| Profit (loss) for the period before taxes9903 | €42,297 | €28,223 | -€7,951 | -€9,903 | €969 | ▲ 110% |
| Income taxes67/77 | €12,787 | €8,495 | - | - | - | - |
| Profit (loss) for the period9904 | €29,510 | €19,728 | -€7,951 | -€9,903 | €969 | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | €29,510 | €19,728 | -€7,951 | -€9,903 | €969 | ▲ 110% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200,301 | €182,684 | €105,229 | €156,016 | €140,547 | ▼ 9.9% |
| Fixed assets21/28 | €14,105 | €21,510 | €22,985 | €43,784 | €41,633 | ▼ 4.9% |
| Tangible fixed assets22/27 | €6,969 | €21,327 | €20,462 | €41,261 | €39,111 | ▼ 5.2% |
| Plant, machinery and equipment23 | - | - | €679 | €543 | €407 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | €19,784 | €40,718 | €38,703 | ▼ 4.9% |
| Financial fixed assets28 | €7,137 | €183 | €2,523 | €2,523 | €2,523 | = |
| Current assets29/58 | €186,196 | €161,174 | €82,244 | €112,232 | €98,914 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €185,104 | €112,225 | €69,586 | €55,151 | €94,971 | ▲ 72.2% |
| Trade receivables40 | - | - | €63,226 | €51,792 | €83,787 | ▲ 61.8% |
| Other amounts receivable41 | - | - | €6,360 | €3,359 | €11,184 | ▲ 233% |
| Cash at bank and in hand54/58 | €810 | €38,293 | €8,694 | €47,778 | €3,442 | ▼ 92.8% |
| Deferred charges and accrued income490/1 | - | - | €3,964 | €9,303 | €502 | ▼ 94.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200,301 | €182,684 | €105,229 | €156,016 | €140,547 | ▼ 9.9% |
| Equity10/15 | €38,404 | €58,132 | €50,181 | €40,278 | €41,248 | ▲ 2.4% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €30,344 | €50,072 | €42,121 | €32,218 | €33,188 | ▲ 3.0% |
| Amounts payable17/49 | €161,897 | €124,552 | €55,048 | €115,737 | €99,300 | ▼ 14.2% |
| Amounts payable after more than one year17 | - | €11,524 | €8,632 | €26,393 | €17,462 | ▼ 33.8% |
| Financial debts170/4 | - | - | €8,632 | €26,393 | €17,462 | ▼ 33.8% |
| Amounts payable within one year42/48 | €161,891 | €113,028 | €45,992 | €88,997 | €71,490 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | €2,893 | €8,828 | €12,403 | ▲ 40.5% |
| Financial debts43 | - | - | - | - | €3,087 | - |
| Credit institutions430/8 | - | - | - | - | €3,087 | - |
| Trade debts44 | €131,414 | €56,144 | €15,555 | €53,697 | €8,930 | ▼ 83.4% |
| Suppliers440/4 | - | - | €15,555 | €53,697 | €8,930 | ▼ 83.4% |
| Taxes, remuneration and social security45 | - | - | €22,237 | €26,240 | €46,837 | ▲ 78.5% |
| Taxes450/3 | - | - | €8,495 | €10,340 | €29,278 | ▲ 183% |
| Remuneration and social security454/9 | - | - | €13,742 | €15,901 | €17,559 | ▲ 10.4% |
| Other amounts payable47/48 | - | - | €5,307 | €232 | €232 | = |
| Accrued charges and deferred income492/3 | - | - | €425 | €348 | €10,348 | ▲ 2,878% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,510 | €19,728 | -€7,951 | -€9,903 | €969 | ▲ 110% |
| + Depreciation and write-downs630 | €3,167 | €4,014 | €5,573 | €9,465 | €5,190 | ▼ 45.2% |
| Operating cash flow (approximation) | €32,678 | €23,742 | -€2,378 | -€438 | €6,159 | ▲ 1,507% |
| Investment in fixed assets (approximation) | - | -€11,419 | -€7,048 | -€30,263 | -€3,040 | ▲ 90.0% |
| Change in cash | - | €37,483 | -€29,598 | €39,083 | -€44,336 | ▼ 213% |
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
2026
29-09
State Gazette act
Registered-office move · Board meetingDirector in office3 facts ▸
State Gazette act
Registered-office move · Board meeting
Director in office3 facts ▸
- Registered-office move, Rue du Manège 18, 1301 Bierges (Wavre)
- Board meeting, 17-09-2026
- Director in office, Yves NGOIE KABANGU (director)
29-09
State Gazette act
Court decision · Other statement3 facts ▸
State Gazette act
Court decision · Other statement
3 facts ▸
- Court decision, 14-09-2026
- Other statement, HTVA, honoraires du liquidateur
- Other statement, droit de mise au rôle, 165
03-07
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise du Brabant wallon · liquidator: Ibarrondo Lasa Xavier · event 29-06-2026
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 316 days late
2023
31-12
Financial
Back to profitnet €969
Net result €969 after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Back to profitnet €29,510
Net result €29,510 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
15-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2013
Ground area
6,475 m²
Building footprint
2,501 m²
Volume, LiDAR
17,180 m³
2 parcels, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
SMARTGREEN
since 20132.222.611.478
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006D0182/00H000 | Wallonia | 4,062 m² | 1 · 1,881 m² | 8.9 m · 2 fl. |
| 25744C0093/00A000 | Wallonia | 2,413 m² | 1 · 620 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
ZAFFER RESEARCH and DEVELOPMENT
BE 0823.902.261
Zaventem · Eq €41,261
KT Engineering
BE 0699.544.994
Lier · Eq €41,232
RETAIL BOUW MANAGEMENT
BE 0716.636.394
Brasschaat · Eq €41,273
OoM-project
BE 0785.335.358
Buggenhout · Eq €41,217
MATI
BE 1006.387.272
Rixensart · Eq €41,188
Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 4,731 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
73110Advertising agencies
Contact
E-mail
f.clement@smartgreen.beBraine-l'Alleud
E-invoicing
Reachable via Peppol
Peppol ID
0208:0538842720
Also
9925:BE0538842720
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.