Summary
SMARTronics is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €127,338 and a net result of €22,070. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 55% of 9,725 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€223,247total assets 2025
- Equity
- €127,338
- Profit
- €22,070
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2025 accounts 51 days early1 of 2 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
51 days early
2024
34 days early
2023
41 days early
2022
34 days early
2021
16 days early
2020
30 days early
2019
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end25-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €37,209 ▲173%
Financials · financial year 2025, micro format
Equity
€127,338▲ 21.0%
2024 · €105,269
Net result
€22,070▼ 40.7%
2024 · €37,209
Total assets
€223,247▼ 4.9%
2024 · €234,654
Solvency
57.0%▲ 12.2pp
2024 · 44.9%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 36% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€32,297
2025
Net result€22,070
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€223,247
2025
Equity€127,338
2025
Debt€95,909
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€14,748
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)9.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency57.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.24
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€11,067-€26,752▲ 142%€27,439▲ 2.6%€28,439▲ 3.6%€20,867▼ 26.6%€50,396▲ 142%€32,297▼ 35.9%
Net result€5,328-€20,229within the sector's middle half▲ 280%€18,866within the sector's middle half▼ 6.7%€19,261within the sector's middle half▲ 2.1%€13,648within the sector's middle half▼ 29.1%€37,209within the sector's middle half▲ 173%€22,070within the sector's middle half▼ 40.7%
Equity€23,655-€43,884within the sector's middle half▲ 85.5%€62,750within the sector's middle half▲ 43.0%€82,011within the sector's middle half▲ 30.7%€95,659within the sector's middle half▲ 16.6%€105,269within the sector's middle half▲ 10.0%€127,338within the sector's middle half▲ 21.0%
Total assets€64,235-€144,049within the sector's middle half▲ 124%€170,980within the sector's middle half▲ 18.7%€234,435within the sector's middle half▲ 37.1%€228,869within the sector's middle half▼ 2.4%€234,654within the sector's middle half▲ 2.5%€223,247within the sector's middle half▼ 4.9%
Debt€40,580-€100,165▲ 147%€108,230▲ 8.1%€152,424▲ 40.8%€133,210▼ 12.6%€129,386▼ 2.9%€95,909▼ 25.9%
Working capital-€2,678--€4,262within the sector's middle half▼ 59.1%€134within the sector's middle half-€10,169within the sector's middle half-€8,479within the sector's middle half▲ 16.6%-€11,690within the sector's middle half▼ 37.9%€14,748within the sector's middle half
Solvency36.8%-30.5%within the sector's middle half▼ 6.4pp36.7%within the sector's middle half▲ 6.2pp35.0%within the sector's middle half▼ 1.7pp41.8%within the sector's middle half▲ 6.8pp44.9%within the sector's middle half▲ 3.1pp57.0%within the sector's middle half▲ 12.2pp
Current ratio0.91-0.91within the sector's middle half=1.00within the sector's middle half▲ 0.090.87within the sector's middle half▼ 0.130.90within the sector's middle half▲ 0.030.82within the sector's middle half▼ 0.081.24within the sector's middle half▲ 0.42
Return on assets (ROA)8.3%-14.0%within the sector's middle half▲ 5.7pp11.0%within the sector's middle half▼ 3.0pp8.2%within the sector's middle half▼ 2.8pp6.0%within the sector's middle half▼ 2.3pp15.9%within the sector's middle half▲ 9.9pp9.9%within the sector's middle half▼ 6.0pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,247
Fixed assets
€146,272 ▼ 19.4%
Current assets
€76,975 ▲ 44.6%
Equity and liabilities €223,247
Equity
€127,338 ▲ 21.0%
Debt
€95,909 ▼ 25.9%
Debt's share of the balance-sheet total falls from 55.1% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
17.3%▼
2024 · 35.3%
Debt ≤ 1 year
€62,227▼
2024 · €64,912
Debt > 1 year
€33,665▼
2024 · €64,474
Income taxes
€6,911▼
2024 · €9,543
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 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,596 | €17,710 | €16,617 | €24,616 | €28,281 | €36,081 | €41,042 | ▲ 13.8% |
| Other operating charges640/8 | - | - | €306 | €860 | €3,378 | €1,955 | €1,911 | ▼ 2.3% |
| Gross operating margin9900 | €26,530 | €45,812 | €44,362 | €53,915 | €52,526 | €88,431 | €75,250 | ▼ 14.9% |
| Operating profit (loss)9901 | €11,067 | €26,752 | €27,439 | €28,439 | €20,867 | €50,396 | €32,297 | ▼ 35.9% |
| Financial income75/76B | - | - | €3 | €5 | €1 | €8 | €13 | ▲ 60.4% |
| Recurring financial income75 | €0 | €133 | €3 | €5 | €1 | €8 | €13 | ▲ 60.4% |
| Financial charges65/66B | - | - | €2,470 | €2,668 | €2,441 | €3,651 | €3,329 | ▼ 8.8% |
| Recurring financial charges65 | €1,801 | €2,591 | €2,470 | €2,668 | €2,441 | €3,651 | €3,329 | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €9,266 | €24,294 | €24,973 | €25,775 | €18,426 | €46,752 | €28,981 | ▼ 38.0% |
| Income taxes67/77 | €3,938 | €4,065 | €6,107 | €6,514 | €4,778 | €9,543 | €6,911 | ▼ 27.6% |
| Profit (loss) for the period9904 | €5,328 | €20,229 | €18,866 | €19,261 | €13,648 | €37,209 | €22,070 | ▼ 40.7% |
| Profit (loss) for the period to be appropriated9905 | €5,328 | €20,229 | €18,866 | €19,261 | €13,648 | €37,209 | €22,070 | ▼ 40.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €64,235 | €144,049 | €170,980 | €234,435 | €228,869 | €234,654 | €223,247 | ▼ 4.9% |
| Fixed assets21/28 | €36,752 | €101,685 | €117,832 | €163,575 | €148,679 | €181,432 | €146,272 | ▼ 19.4% |
| Tangible fixed assets22/27 | €36,702 | €101,685 | €117,832 | €163,575 | €148,679 | €181,432 | €146,272 | ▼ 19.4% |
| Plant, machinery and equipment23 | - | - | €2,006 | €477 | €1,386 | €1,076 | €6,444 | ▲ 499% |
| Furniture and vehicles24 | - | - | €5,323 | €15,408 | €13,536 | €7,491 | €4,573 | ▼ 38.9% |
| Leasing and similar rights25 | - | - | - | €47,504 | €35,628 | €86,073 | €59,797 | ▼ 30.5% |
| Other tangible fixed assets26 | - | - | €110,503 | €100,187 | €98,128 | €86,793 | €75,458 | ▼ 13.1% |
| Financial fixed assets28 | €50 | - | - | - | - | - | - | - |
| Current assets29/58 | €27,483 | €42,364 | €53,148 | €70,860 | €80,191 | €53,222 | €76,975 | ▲ 44.6% |
| Stocks and contracts in progress3 | €1,000 | €1,000 | €1,587 | €1,207 | €1,102 | €3,267 | €2,359 | ▼ 27.8% |
| Stocks30/36 | - | - | €1,587 | €1,207 | €1,102 | €3,267 | €2,359 | ▼ 27.8% |
| Amounts receivable within one year40/41 | €2,661 | €22,347 | €30,014 | €43,051 | €68,789 | €32,954 | €33,237 | ▲ 0.9% |
| Trade receivables40 | - | - | €30,014 | €42,703 | €59,438 | €29,723 | €24,533 | ▼ 17.5% |
| Other amounts receivable41 | - | - | - | €348 | €9,351 | €3,231 | €8,704 | ▲ 169% |
| Cash at bank and in hand54/58 | €22,189 | €18,075 | €19,002 | €24,971 | €7,291 | €11,368 | €34,626 | ▲ 205% |
| Deferred charges and accrued income490/1 | - | - | €2,544 | €1,631 | €3,009 | €5,632 | €6,753 | ▲ 19.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €64,235 | €144,049 | €170,980 | €234,435 | €228,869 | €234,654 | €223,247 | ▼ 4.9% |
| Equity10/15 | €23,655 | €43,884 | €62,750 | €82,011 | €95,659 | €105,269 | €127,338 | ▲ 21.0% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €11,676 | €11,676 | = |
| Reserves13 | €17,455 | €37,684 | €56,550 | €75,811 | €89,459 | €93,593 | €115,662 | ▲ 23.6% |
| Non-distributable reserves130/1 | - | - | €606 | €606 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €606 | €606 | €0 | - | - | - |
| Distributable reserves133 | - | - | €55,944 | €75,205 | €89,459 | €93,593 | €115,662 | ▲ 23.6% |
| Profit (loss) carried forward14 | - | €11,521 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €40,580 | €100,165 | €108,230 | €152,424 | €133,210 | €129,386 | €95,909 | ▼ 25.9% |
| Amounts payable after more than one year17 | €7,344 | €53,539 | €55,216 | €71,389 | €44,172 | €64,474 | €33,665 | ▼ 47.8% |
| Financial debts170/4 | - | - | €55,216 | €71,389 | €44,172 | €64,474 | €33,665 | ▼ 47.8% |
| Amounts payable within one year42/48 | €30,161 | €46,626 | €53,014 | €81,029 | €88,669 | €64,912 | €62,227 | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | €17,499 | €29,041 | €32,673 | €35,408 | €30,809 | ▼ 13.0% |
| Financial debts43 | - | - | - | - | - | €25 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €25 | €0 | ▼ 100% |
| Trade debts44 | €11,467 | €10,133 | €16,556 | €33,209 | €42,787 | €15,511 | €12,380 | ▼ 20.2% |
| Suppliers440/4 | - | - | €16,556 | €33,209 | €42,787 | €15,511 | €12,380 | ▼ 20.2% |
| Taxes, remuneration and social security45 | - | - | €12,959 | €17,807 | €13,009 | €9,806 | €19,037 | ▲ 94.1% |
| Taxes450/3 | - | - | €12,959 | €17,807 | €13,009 | €9,806 | €19,037 | ▲ 94.1% |
| Other amounts payable47/48 | - | - | €5,999 | €971 | €200 | €4,162 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €6 | €369 | €0 | €17 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,328 | €20,229 | €18,866 | €19,261 | €13,648 | €37,209 | €22,070 | ▼ 40.7% |
| + Depreciation and write-downs630 | €13,596 | €17,710 | €16,617 | €24,616 | €28,281 | €36,081 | €41,042 | ▲ 13.8% |
| Operating cash flow (approximation) | €18,924 | €37,939 | €35,483 | €43,877 | €41,929 | €73,290 | €63,112 | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | -€82,643 | -€32,765 | -€70,359 | -€13,384 | -€68,834 | -€5,882 | ▲ 91.5% |
| Change in cash | - | -€4,114 | €927 | €5,969 | -€17,680 | €4,077 | €23,258 | ▲ 470% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 10-03-2026 | 2026-00051251 |
| 30-09-2024 | micro format | 27-03-2025 | 2025-00057317 |
| 30-09-2023 | micro format | 20-03-2024 | 2024-00049391 |
| 30-09-2022 | micro format | 27-03-2023 | 2023-00049215 |
| 30-09-2021 | micro format | 14-04-2022 | 2022-20005160 |
| 30-09-2020 | micro format | 31-03-2021 | 2021-09600324 |
| 30-09-2019 | micro format | 17-03-2020 | 2020-06900210 |
| 30-09-2018 | micro format | 07-03-2019 | 2019-06600089 |
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Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,994. 13,101 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 · 1 entry · €510 awarded · €510 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
10-03
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
27-03
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-09
Financial
Highest result from 2019 to 2025net €37,209 ▲173%
Operating result €50,396, net result €37,209, both a record.
30-09
Financial
Equity above €100,000equity €105,269 ▲10%
A profit in every financial year since 2019 builds equity to €105,269.
20-03
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
08-08
Gazette deed
Amendment of the articles · Legal-form changeCapital conversion · Power of attorney4 facts ▸
Gazette deed
Amendment of the articles · Legal-form change
Capital conversion · Power of attorney4 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, 2, “van rechtswege en zonder vervulling van enige formaliteit” (deed in Dutch)
- Power of attorney, Angélique Tack (notaris)
27-03
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
14-04
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-03
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
17-03
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
07-03
NBB filing
Annual accounts filed
financial year 2018 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded19-05-2017
Financial year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
E-mail
algemeen@smartronics.beVeurne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675854626
Also
9925:BE0675854626
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Veurne · 1 establishment unit since 2017
Ground area
269 m²
Building footprint
138 m²
Building volume
732 m³
Parcel 38025C0085/00H000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
SMARTronics
since 2017unit no. 2.264.428.277
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 38025C0085/00H000 | Flanders | 269 m² | 1 · 138 m² | 8.1 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “6420011 Managementsactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van…” (deed in Dutch)
38 activities (deed in Dutch)
- 6420011 Managementsactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
- 35110 Productie van elektricíteit
- 41101 Ontwikkeling van residentiële bouwprojecten
- 41201 Algemene bouw van residentiële gebouwen
- 42220 Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- 43211 Elektrotechnische installatiewerken aan gebouwen
- 43221 Loodgieterswerk
- 43222 installatie van verwarming, klimaatregeling en ventilatie
- 43291 Isolatiewerkzaamheden
- 43299 Overige bouwinstallatie, n.e.g.
- 61200 Draadloze telecommunicatie
- 62010 Ontwerpen en programmeren van computerprogramma's
- 62020 Computerconsultancy-activiteiten
- 62030 Beheer van computerfaciliteiten
- 62090 Overige diensten op het gebied van informatietechnologie en computer
- 63110 Gegevensverwerking, webhosting en aanverwante activiteiten
- 68100 Handel in eigen onroerend goed
- 68201 Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen
- 70210 Adviesbureaus op het gebied van public relations en communicatie
- 70220 Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijísvoering
- 71121 Ingenieurs en aanverwante technische adviseurs, exclusief landmeters
- 71209 Overige technische testen en toetsen
- 72190 Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
- 74201 Activiteiten van fotografen, met uitzondering van persfotografen
- 74209 Overige fotografische activiteiten
- 74909 Overige gespecialiseerde wetenschappelijke en technische activiteiten
- 77291 Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers
- 77292 Verhuur en lease van televisietoestellen en andere audio en videoapparatuur
- 82110 Diverse administratieve activiteiten ten behoeve van kantoren
- 82300 Organisatie van congressen en beurzen
- 82990 Overige zakelijke dienstverlening, n.e.g.
- 85592 Beroepsopleiding
- 87302 Serviceflats voor ouderen
- 95110 Reparatie van computers en randapparatuur
- 95120 Reparatie var communicatieapparatuur
- 95210 Reparatie van consumentenelektronica
- 95220 Reparatie van huishoudapparaten en van werktuigen voor gebruik in huis en tuin
- 95290 Reparatie van andere consumentenartikelen
- Name clauseThe name the company operates under according to its articles.
- SMARTronics
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of March at 17:00