SmartLife Concept
ActiveThe computed 12-month bankruptcy probability of SmartLife Concept is 1.9% (moderate). The 2024 annual accounts show equity of €8k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 9982 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency65▲+65
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 0.59 in 2023; short-term debt: 59.8% and cash: 64.7% of total assets), but 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
40.2%
Return on assets
51.7%
Age of the figures
21 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
32 d early
2022
32 d early
2021
9 d early
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k
2023 · €-2k
2018: €31k
2019: €-8k
2020: €-4k
2021: €-6k
2022: €1k
2023: €-2k
2018 → 2024
Total assets
€20k▲ 130%
2023 · €9k
2018: €102k
2019: €20k
2020: €22k
2021: €7k
2022: €12k
2023: €9k
2018 → 2024
Net result
€10k
2023 · €-4k
2018: €47k
2019: €-40k
2020: €2k
2021: €-3k
2022: €8k
2023: €-4k
2018 → 2024
Working capital
€7k
2023 · €-5k
2018: €21k
2019: €-14k
2020: €-8k
2021: €-8k
2022: €669
2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-4k-€-6k▼ 81.9%€1k€-2k€8k
Operating result€2k-€-3k€8k€-3k€11k
Net result€2k-€-3k€8k€-4k€10k
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 2024: €11k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€1k▼ 37.4%
Current assets
€19k▲ 187%
Equity and liabilities €20k
Equity
€8k
Debt
€12k
Debt finances 59.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€12k▲
2023 · €-2k
Cash flow
€11k▲
2023 · €-3k
Solvency
40.2%▲
2023 · -26.5%
Current ratio
1.56▲
2023 · 0.59
Quick ratio
1.56▲
2023 · 0.59
Debt / equity
1.49▲
2023 · -4.78
ROE
128.6%
ROA
51.7%▲
2023 · -42.7%
Interest coverage
50.23▲
2023 · -9.72
Debt
€12k▲
2023 · €11k
Debt ≤ 1 year
€12k▲
2023 · €11k
Income taxes
€140▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9k€20k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€372€372=
Current assets29/58€7k€19k▲
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€6k€5k▼
Other amounts receivable41-€257
Cash at bank and in hand54/58€756€13k▲
Equity and liabilities
Total equity and liabilities10/49€9k€20k▲
Equity10/15€-2k€8k▲
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-16k€-6k▲
Amounts payable17/49€11k€12k▲
Amounts payable within one year42/48€11k€12k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€140-
Other amounts payable47/48€3k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€822▼
Other operating charges640/8-€368
Gross operating margin9900€-2k€12k▲
Operating profit (loss)9901€-3k€11k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€240€230▼
Recurring financial charges65€240€230▼
Profit (loss) for the period before taxes9903€-4k€11k▲
Income taxes67/77€132€140▲
Profit (loss) for the period9904€-4k€10k▲
Profit (loss) for the period to be appropriated9905€-4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-6k▲
Profit (loss) brought forward from the previous period14P€-13k€-16k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.56
Current ratio from 0.59 to 1.56.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.07
Current ratio from 0.42 to 1.07; short-term debt falls from €13k to €10k.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-40k ▼186%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal Henrystraat 1071040 EtterbeekGround area
425 m²
Building footprint
107 m²
Volume, LiDAR
936 m³
Parcel 21362B0072/00X004, Brussels · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SmartLife concept
since 20192.296.120.553
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0072/00X004 | Brussels | 425 m² | 1 · 107 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RS-Technique
BE 1013.535.875
Vilvoorde · Eq €8k
Jacob's Co
BE 0765.439.767
Sint-Niklaas · Eq €8k
CONSTRUCT APREUTESEI BELGIUR
BE 0803.630.845
Sint-Pieters-Leeuw · Eq €8k
Polimat Carrelage
BE 0674.433.476
Beyne-Heusay · Eq €8k
Mike Robberechts
BE 0883.693.457
Kapellen · Eq €8k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 8,415 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
43331Floor and wall tiling
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.