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Smarthy

Active
Private limited companyfounded 2025active for 1 yearVan Putlei 37, 2018 Antwerpen, BelgiumKBO/BCE: BE 1024.328.512
Summary

Smarthy has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,360 and a net result of €10,860. Its solvency ranks better than 38% of 15,515 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€13,360
Total assets
€30,352
Net result
€10,860
Working capital
€12,592

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €30,352
Fixed assets €768
Current assets €29,584
Equity and liabilities €30,352
Equity €13,360
Debt €16,992
Debt finances 56.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,689
Cash flow
€11,031
Current ratio
1.74
Debt to equity
1.27
ROE
81.3%
ROA
35.8%
Interest coverage
26.34
Debt ≤ 1 year
€16,992
Income taxes
€4,199

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€30,352
Fixed assets21/28€768
Tangible fixed assets22/27€768
Plant, machinery and equipment23€768
Current assets29/58€29,584
Amounts receivable within one year40/41€14,020
Trade receivables40€5,500
Other amounts receivable41€8,520
Cash at bank and in hand54/58€12,485
Deferred charges and accrued income490/1€3,079
Equity and liabilities
Total equity and liabilities10/49€30,352
Equity10/15€13,360
Contributions10/11€2,500
Profit (loss) carried forward14€10,860
Amounts payable17/49€16,992
Amounts payable within one year42/48€16,992
Trade debts44€9,983
Suppliers440/4€9,983
Taxes, remuneration and social security45€7,009
Taxes450/3€7,009
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171
Other operating charges640/8€462
Gross operating margin9900€16,151
Operating profit (loss)9901€15,519
Financial income75/76B€136
Recurring financial income75€136
Financial charges65/66B€596
Recurring financial charges65€596
Profit (loss) for the period before taxes9903€15,059
Income taxes67/77€4,199
Profit (loss) for the period9904€10,860
Profit (loss) for the period to be appropriated9905€10,860
Appropriation of the result
Profit (loss) to be appropriated9906€10,860

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171
Other operating charges640/8€462
Gross operating margin9900€16,151
Operating profit (loss)9901€15,519
Financial income75/76B€136
Recurring financial income75€136
Financial charges65/66B€596
Recurring financial charges65€596
Profit (loss) for the period before taxes9903€15,059
Income taxes67/77€4,199
Profit (loss) for the period9904€10,860
Profit (loss) for the period to be appropriated9905€10,860
Line2025
Assets
Total assets20/58€30,352
Fixed assets21/28€768
Tangible fixed assets22/27€768
Plant, machinery and equipment23€768
Current assets29/58€29,584
Amounts receivable within one year40/41€14,020
Trade receivables40€5,500
Other amounts receivable41€8,520
Cash at bank and in hand54/58€12,485
Deferred charges and accrued income490/1€3,079
Equity and liabilities
Total equity and liabilities10/49€30,352
Equity10/15€13,360
Contributions10/11€2,500
Profit (loss) carried forward14€10,860
Amounts payable17/49€16,992
Amounts payable within one year42/48€16,992
Trade debts44€9,983
Suppliers440/4€9,983
Taxes, remuneration and social security45€7,009
Taxes450/3€7,009
Line2025
Profit (loss) for the period9904€10,860
+ Depreciation and write-downs630€171
Operating cash flow (approximation)€11,031

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00324719

Similar companies · same sector, comparable size

Of the 22,285 active companies whose main activity is activities of lawyers (NACE 69101), figures are known for 9,350. 5,606 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.