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SMARTRONICS

Active Private limited company (pre-2019)founded 2004active for 22 yearsRené Verbeecklaan 14, 2540 HoveKBO/BCE: BE 0863.600.106

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €11,068 (2022)
€1,959▼ 75.4%
lowest -€18,299 (2007)
€529▼ 89.5%
peak €24,438 (2024)
€21,697▼ 11.2%
€13,109▼ 11.3%
Board1 name since 2021
1 director
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €7,969 to €1,959Result from €5,014 to €529Dividend €3,269Investments €2,534

Key points

from the 2025 annual accounts

Equity

€21,697 ▼ 11.2%
24,4382024+529Profit-3,269Dividend21,6972025

SMARTRONICS paid out €3,269 in dividends. That is 619% of the 2025 profit.

Investments

€2,952 4.1 × depreciation

Green is investment, beige is depreciation.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

The last five annual accounts were filed 7 to 47 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as SMARTRONICS has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 17,044 companies, not a prediction for SMARTRONICS. 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0863600106
Incorporation published on 01-03-2004 · Gazette deed
First establishment René Verbeecklaan 14, Hove
All 29 events

Comparable companies

same main activity, similar in size and age
Company
SMARTRONICS Hove €34,806 €1,959 62.3% -
ELECTROPART Courcelles €50,545 -€5,732 -6.7% -
SIM Deinze €36,998 €2,875 -162.9% -
MESA SOLAR ENERGY Tienen €33,888 -€23,544 -7.2% -
Eurad Borgloon €29,246 €771 -84.7% -
EXELIUM Orp-Jauche €72,752 -€6,821 58.2% -
COMMANDER Sint-Niklaas €71,649 -€9,623 -118.1% -

These companies have the same main activity as SMARTRONICS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €29,200 and €72,800, founded between 1998 and 2005.

Official details

Source: KBO
Status
Active since 23-02-2004Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 1 other
Establishment unit
2.136.068.0782540 Hove, since 23-02-2004
Financial year end
31 December
Peppol
Reachable since 07-01-2025
Company details

Annual accounts 2025

≈ €19,000estimated
€34,806▼ 11.2%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on SMARTRONICS

SMARTRONICS files the micro format. That format states no turnover. The gross margin fell from €6,852 in 2006 to €1,959 in 2025.

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 SMARTRONICS

What is the company number of SMARTRONICS?
The company number of SMARTRONICS is 0863.600.106. The VAT number is the same number with BE in front: BE 0863.600.106.
Where is SMARTRONICS based?
The registered office is at René Verbeecklaan 14, 2540 Hove.Company details
What does SMARTRONICS do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of SMARTRONICS?
SMARTRONICS is a private limited company (pre-2019) (BVBA).
When was SMARTRONICS founded?
SMARTRONICS was founded on 23-02-2004.
Is SMARTRONICS still active?
Yes, SMARTRONICS is an active enterprise in the KBO register.
What is the turnover of SMARTRONICS?
The turnover in financial year 2025 is ≈ €19,000. This figure is estimated from the gross margin of €1,959 and 41 comparable companies (NACE 464). It probably lies between €9,900 and €79,000. It is a rough estimate.Financials
Is SMARTRONICS profitable?
In financial year 2025, SMARTRONICS made a profit of €529.
Where can I find the annual accounts of SMARTRONICS?
SMARTRONICS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SMARTRONICS due?
SMARTRONICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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