Smartlux
ActiveThe computed 12-month bankruptcy probability of Smartlux is 1.6% (moderate). The 2025 annual accounts show equity of €282k and a net result of €87k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 1985 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+21
Solvency50▼-14
Growth52=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.81 in 2024), and 73.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.7%
Return on assets
8.3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
35 d early
2022
40 d early
2021
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€282k▼ 12.4%
2024 · €322k
2021: €123k
2022: €195k
2023: €271k
2024: €322k
2021 → 2025
Total assets
€1.06M▼ 2.6%
2024 · €1.08M
2021: €297k
2022: €813k
2023: €1.10M
2024: €1.08M
2021 → 2025
Net result
€87k▲ 70.8%
2024 · €51k
2021: €118k
2022: €73k
2023: €76k
2024: €51k
2021 → 2025
Working capital
€150k▼ 41.8%
2024 · €257k
2021: €113k
2022: €23k
2023: €2k
2024: €257k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€195k▲ 59.4%€271k▲ 38.9%€322k▲ 18.8%€282k▼ 12.4%
Operating result€167k-€80k▼ 52.1%€105k▲ 30.8%€89k▼ 15.0%€131k▲ 47.4%
Net result€118k-€73k▼ 38.1%€76k▲ 4.4%€51k▼ 32.8%€87k▲ 70.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€536k▲ 5.5%
Current assets
€520k▼ 9.7%
Equity and liabilities €1.06M
Equity
€282k▼ 12.4%
Debt
€774k▲ 1.6%
The debt ratio rises from 70.3% to 73.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€167k▲
2024 · €123k
Cash flow
€123k▲
2024 · €85k
Solvency
26.7%▼
2024 · 29.7%
Current ratio
1.40▼
2024 · 1.81
Quick ratio
1.32▼
2024 · 1.63
Debt / equity
2.74▲
2024 · 2.36
ROE
30.9%▲
2024 · 15.8%
ROA
8.3%▲
2024 · 4.7%
Interest coverage
7.54▲
2024 · 5.07
Debt
€774k▲
2024 · €762k
Debt ≤ 1 year
€370k▲
2024 · €319k
Debt > 1 year
€403k▼
2024 · €443k
Income taxes
€22k▲
2024 · €15k
Staff costs
€64k▲
2024 · €64k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.06M▼
Fixed assets21/28€508k€536k▲
Tangible fixed assets22/27€503k€531k▲
Land and buildings22€470k€496k▲
Plant, machinery and equipment23€22k€24k▲
Furniture and vehicles24€11k€10k▼
Financial fixed assets28€6k€6k=
Current assets29/58€575k€520k▼
Stocks and contracts in progress3€55k€31k▼
Stocks30/36€55k€31k▼
Amounts receivable within one year40/41€120k€225k▲
Trade receivables40€115k€207k▲
Other amounts receivable41€5k€18k▲
Cash at bank and in hand54/58€370k€238k▼
Deferred charges and accrued income490/1€31k€27k▼
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.06M▼
Equity10/15€322k€282k▼
Contributions10/11€5k€5k=
Reserves13€190k€190k=
Distributable reserves133€190k€190k=
Profit (loss) carried forward14€127k€87k▼
Amounts payable17/49€762k€774k▲
Amounts payable after more than one year17€443k€403k▼
Financial debts170/4€443k€403k▼
Amounts payable within one year42/48€319k€370k▲
Current portion of amounts payable after more than one year42€41k€40k▼
Trade debts44€92k€86k▼
Suppliers440/4€92k€86k▼
Taxes, remuneration and social security45€65k€65k▼
Taxes450/3€56k€51k▼
Remuneration and social security454/9€9k€14k▲
Other amounts payable47/48€120k€180k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€64k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€13k€2k▼
Gross operating margin9900€199k€233k▲
Operating profit (loss)9901€89k€131k▲
Financial income75/76B€1k€391▼
Recurring financial income75€1k€391▼
Financial charges65/66B€24k€22k▼
Recurring financial charges65€24k€22k▼
Profit (loss) for the period before taxes9903€66k€109k▲
Income taxes67/77€15k€22k▲
Profit (loss) for the period9904€51k€87k▲
Profit (loss) for the period to be appropriated9905€51k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€214k▲
Profit (loss) brought forward from the previous period14P€76k€127k▲
Profit to be distributed694/7-€127k
Return on contributions (dividend)694-€127k
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €51k ▼32.8%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €271k ▲38.9%
3 profitable years in a row build equity to €271k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €195k ▲59.4%
2 profitable years in a row build equity to €195k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herenthout · 2 establishment units since 2020
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.
Kastanjelaan 232270 HerenthoutGround area
3,927 m²
Building footprint
2,054 m²
Volume, LiDAR
3,391 m³
2 parcels, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Smartlux
since 20202.304.281.916
Dikberd(HRT) 42, 2200 Herentals
since 20262.383.207.153
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0745/00D000 | Flanders | 3,501 m² | 1 · 1,944 m² | 12.3 m |
| 13012E0696/00L002 | Flanders | 426 m² | 1 · 110 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 267 companies in sector 46474 we hold annual accounts for 181. 132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2020
Fiscal year end31-12
Activities, NACEBEL
46474Wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.smartlux.be
E-mail:info@smartlux.be