Equity
€215,016 ▲ 56.3%
SMARTKODER has made a profit in every financial year since 2013.
SMARTKODER
Lifetime
13 annual accounts with figures on one time axispeak €130,463 (2025)
€130,463▲ 130%
peak €89,777 (2025)
€89,777▲ 162%
peak €215,016 (2025)
€215,016▲ 56.3%
€65,389▼ 58.7%
Board1 name since 2021
1 directorBRUNEEL Joost
Documentsfilings and deeds
01-04-2026121 days before the deadline
2025micro format
Gross margin from €56,795 to €130,463Result from €34,204 to €89,777Dividend €12,323Equity from €137,562 to €215,016Debts from €158,319 to €65,389Cash from €63,335 to €262,426
Key points
from the 2025 annual accountsResult
€89,777 ▲ 162%
The result rose in 2025: mostly from a one-off income of €75,201.
Investments
€1,437 1.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
4.35 was 1.14 in 2024
Short-term debts fell from €103,258 to €64,189.
Filings
13 annual accounts since 2013
The last five annual accounts were filed 4 to 121 days before the end of the period.
Position in the sector
€89,777
Higher net result than 90% of companies in computing infrastructure and information services. Sector median €19,991 · 2,301 companies.
Checked score
98
Excellent
Financially stronger than 84% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025highest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.35, cash €262,426
Equity €215,016 (76.7% of total assets)
Size: total assets €280,406
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 86% of them on solvency, 83% on liquidity, 85% on profitability and 81% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as SMARTKODER has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of SMARTKODER itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for SMARTKODER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.35 (1.14 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 93.6% of total assets. 23.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
121 days early
2024
34 days early
2023
47 days early
2022
32 days early
2021
4 days early
2020
52 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% 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 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0502924709
Change of role: BRUNEEL Joost, from statutory manager to director
Permanent representative: BRUNEEL Joost · Director discharge: BRUNEEL Joost · BRUNEEL Joost holds all the shares · General meeting of 25-05-2023 · Gazette deed
First establishment
Hoge Landweg 2, Wevelgem
Incorporation
published on 08-02-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SMARTKODER Wevelgem | €280,406 | €130,463 | 76.7% | - |
| MAVARI-IT Oostkamp | €324,758 | €102,909 | 52.3% | - |
| CGC PLUS Antwerp | €290,652 | €119,334 | 7.0% | - |
| NETCOM SOLUTIONS Ghent | €248,713 | €115,563 | -7.5% | 2 |
| Spacefwd Benelux Pont-à-Celles | €281,255 | €107,860 | 1.3% | 1.8 |
| NOVABYTE IT SOLUTIONS Beernem | €279,517 | €85,408 | 74.4% | - |
| M-IT Anzegem | €249,708 | €199,294 | 61.3% | - |
These companies have the same main activity as SMARTKODER: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €249,000 and €325,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 11-01-2013Normal situation
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 4 others
- Establishment unit
- 2.216.353.0978560 Wevelgem, since 12-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- ≈ €330,000estimated
- €280,406▼ 5.2%
- Filing
- Filed on 01-04-2026, 121 days before the end of the filing period
Insights on SMARTKODER
SMARTKODER files the micro format. That format states no turnover. The gross margin rose from €45,212 in 2013 to €130,463 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SMARTKODER
- What is the company number of SMARTKODER?
- The company number of SMARTKODER is 0502.924.709. The VAT number is the same number with BE in front: BE 0502.924.709.
- Where is SMARTKODER based?
- The registered office is at Hoge Landweg 2, 8560 Wevelgem.Company details
- What does SMARTKODER do?
- According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
- What is the legal form of SMARTKODER?
- SMARTKODER is a private limited company (BV).
- When was SMARTKODER founded?
- SMARTKODER was founded on 11-01-2013.
- Is SMARTKODER still active?
- Yes, SMARTKODER is an active enterprise in the KBO register.
- What is the turnover of SMARTKODER?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €130,463 and 2,203 comparable companies of the same size. It probably lies between €220,000 and €510,000. It is a rough estimate.Financials
- Is SMARTKODER profitable?
- In financial year 2025, SMARTKODER made a profit of €89,777.
- Where can I find the annual accounts of SMARTKODER?
- SMARTKODER filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SMARTKODER due?
- SMARTKODER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.