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SmartTechnics

Active Private limited companyfounded 2016active for 10 yearsCraenendonck 15, 3000 LeuvenKBO/BCE: BE 0655.732.173

Lifetime

8 annual accounts with figures on one time axis
peak €331,302 (2024)
€331,302▲ 136%
lowest -€46,582 (2017)
€171,257▲ 695%
peak €317,183 (2021)
€156,128▼ 42.8%
€571,317▲ 58.6%
peak 1 FTE (2020)
-not published
Board4 names since 2016
4 directors and 3 others
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from €140,403 to €331,302Result from €21,544 to €171,257Change of role: , from manager to director 25-01Dividend €82,353Equity from €273,085 to €156,128Debts from €360,234 to €571,317

Key points

from the 2024 annual accounts

Equity

€156,128 from €317,183 in 2021

Equity fell by 51% in 3 years.

Result

€171,257 ▲ 695%
€21,5002023€171,0002024

The result rose in 2024 from €21,544 to €171,257.

Debts

€571,317 79% of the balance sheet
Financial debts 22%Suppliers 8%Taxes and wages 4%Other 66%

Of this, €437,385 falls due within a year.

Staff

3 employees on 31-12-2024
102021102022102024

In 2024, 1 person joined and nobody left.

Filings

8 annual accounts 104 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€171,257

Higher net result than 95% of companies in specialised construction. Sector median €9,463 · 36,017 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as SmartTechnics has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 5,053 companies, not a prediction for SmartTechnics. 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

Manager, since 15-03-2016
Director, since 15-03-2016
Director, since 15-03-2016
Director, since 15-03-2016
  • founderdeed of 01-06-2016
  • founderdeed of 01-06-2016
  • founderdeed of 01-06-2016
Board & ownership

Recent changes

Purpose change “Algemene elektriciteitswerken gaande van leggen van leidingen tot het ophangen van allerlei armaturen met…” (deed in Dutch) · General meeting of 13-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0655732173
Change of role: , from manager to director “De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of…” (deed in Dutch) · Gazette deed
Incorporation Founders: , and · Founding capital of €18,600, 100 shares, €15,000 paid up · Appointment: (manager) · published on 01-06-2016 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
SmartTechnics Leuven €727,445 €331,302 21.5% -
EVS HOME Meise €680,970 €293,737 24.7% 4
EVANAC Zulte €751,574 €329,005 56.6% -
ELEKTROTECHNIK LEYENS Raeren €737,544 €303,307 25.6% -
D & S Projects Brakel €758,375 €343,044 78.7% 3.1
BERNARD BOVIJN Ronse €755,987 €372,805 16.5% 3
Lanneau-Mollet Kris Anzegem €721,148 €273,566 74.1% 4.1

These companies have the same main activity as SmartTechnics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €681,000 and €758,000, founded between 2016 and 2017.

Official details

Source: KBO
Status
Active since 30-05-2016Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.253.795.3943000 Leuven, since 30-05-2016
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2024

≈ €730,000estimated
€727,445▲ 14.9%
Employeeson 31-12-2024
3
Filing
Filed on 31-08-2025
Financials

Insights on SmartTechnics

SmartTechnics files the micro format. That format states no turnover. The gross margin rose from -€38,802 in 2017 to €331,302 in 2024.

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 SmartTechnics

What is the company number of SmartTechnics?
The company number of SmartTechnics is 0655.732.173. The VAT number is the same number with BE in front: BE 0655.732.173.
Where is SmartTechnics based?
The registered office is at Craenendonck 15, 3000 Leuven.Company details
What does SmartTechnics do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SmartTechnics?
SmartTechnics is a private limited company (BV).
When was SmartTechnics founded?
SmartTechnics was founded on 30-05-2016.
Is SmartTechnics still active?
Yes, SmartTechnics is an active enterprise in the KBO register.
How many employees does SmartTechnics have?
SmartTechnics had an average of 2.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SmartTechnics?
The turnover in financial year 2024 is ≈ €730,000. This figure is estimated from the gross margin of €331,302 and 35 comparable companies (NACE 43211). It probably lies between €630,000 and €910,000.
Is SmartTechnics profitable?
In financial year 2024, SmartTechnics made a profit of €171,257.
Where can I find the annual accounts of SmartTechnics?
SmartTechnics filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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