Equity
Equity fell by 51% in 3 years.
Equity fell by 51% in 3 years.
The result rose in 2024 from €21,544 to €171,257.
Of this, €437,385 falls due within a year.
In 2024, 1 person joined and nobody left.
2025 accounts not filed: deadline was 31-07-2026.
Higher net result than 95% of companies in specialised construction. Sector median €9,463 · 36,017 companies.
In July 2024, 5,053 companies had the same profile as SmartTechnics has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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.
| 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €730,000. Estimated: probably between €630,000 and €910,000.
Higher than 23% of 36,050 companies in 2024.
Higher than 34% of 35,438 companies in 2024.
Higher than 82% of 35,625 companies in 2024.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2024, 1 person joined and nobody left.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
727,445 | 633,320 | 692,190 | 747,586 | 379,616 | 222,138 | 155,848 | 148,724 | |
21/28 |
143,736 | 172,397 | 193,250 | 220,759 | 3,930 | 78,738 | 89,229 | 22,092 | |
22/27 |
143,682 | 172,343 | 193,195 | 220,705 | 3,876 | 78,684 | 89,175 | 21,932 | |
22 |
132,532 | 144,061 | 155,589 | 167,118 | - | 71,143 | 77,171 | - | |
23 |
2,530 | 3,543 | 260 | 260 | 260 | 405 | 1,253 | 3,759 | |
24 |
8,620 | 24,739 | 37,346 | 53,327 | 3,616 | 7,136 | 10,751 | 18,174 | |
28 |
54 | 54 | 54 | 54 | 54 | 54 | 54 | 160 | |
29/58 |
583,709 | 460,923 | 498,940 | 526,826 | 375,686 | 143,401 | 66,619 | 126,632 | |
40/41 |
330,749 | 184,579 | 229,900 | 166,023 | 142,714 | 36,367 | 33,813 | 107,393 | |
40 |
285,560 | 181,537 | 197,996 | 131,267 | 99,961 | 18,541 | 17,693 | 86,326 | |
41 |
45,189 | 3,042 | 31,904 | 34,756 | 42,753 | 17,826 | 16,120 | 21,067 | |
50/53 |
48,959 | - | - | - | - | - | - | - | |
54/58 |
203,995 | 275,265 | 269,040 | 322,122 | 232,972 | 107,034 | 32,806 | 19,238 | |
490/1 |
6 | 1,080 | - | 38,681 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
727,445 | 633,320 | 692,190 | 747,586 | 379,616 | 222,138 | 155,848 | 148,724 | |
10/15 |
156,128 | 273,085 | 251,541 | 317,183 | 177,371 | 75,598 | -2,388 | -31,582 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 15,000 | 15,000 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 3,600 | 3,600 | |
13 |
137,360 | 253,860 | 232,860 | 297,860 | 157,860 | 56,860 | - | - | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | 1,860 | - | - | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
137,360 | 253,860 | 231,000 | 296,000 | 156,000 | 55,000 | - | - | |
14 |
168 | 625 | 81 | 723 | 911 | 138 | -17,388 | -46,582 | |
17/49 |
571,317 | 360,234 | 440,648 | 430,403 | 202,245 | 146,541 | 158,236 | 180,306 | |
17 |
126,345 | 146,038 | 165,519 | 184,792 | - | 68,044 | 73,584 | 90,000 | |
170/4 |
126,345 | 146,038 | 165,519 | 184,792 | - | 68,044 | 73,584 | 90,000 | |
42/48 |
437,385 | 212,399 | 273,332 | 242,613 | 199,247 | 77,011 | 84,652 | 90,306 | |
42 |
19,693 | 20,363 | 20,143 | 19,925 | - | 5,540 | 5,433 | - | |
43 |
- | 384 | - | - | - | - | - | - | |
430/8 |
- | 384 | - | - | - | - | - | - | |
44 |
46,537 | 46,394 | 45,771 | 62,404 | 17,327 | 13,086 | 33,148 | 16,569 | |
440/4 |
46,537 | 46,394 | 45,771 | 62,404 | 17,327 | 13,086 | 33,148 | 16,569 | |
46 |
- | - | - | - | - | - | - | 3,155 | |
45 |
20,043 | 20,651 | 41,405 | 76,010 | 95,495 | 19,420 | - | 16,325 | |
450/3 |
9,589 | 13,680 | 32,929 | 65,028 | 71,816 | 15,629 | - | - | |
454/9 |
10,454 | 6,971 | 8,477 | 10,982 | 23,679 | 3,791 | - | 16,325 | |
47/48 |
351,113 | 124,606 | 166,012 | 84,273 | 86,425 | 38,966 | 46,072 | 54,256 | |
492/3 |
7,586 | 1,797 | 1,797 | 2,998 | 2,998 | 1,486 | - | - | |
| Income statement | |||||||||
9900 |
331,302 | 140,403 | 198,586 | 295,454 | 252,614 | 138,089 | 14,833 | -38,802 | |
62 |
62,834 | 54,694 | 64,046 | 79,692 | 35,491 | 22,168 | 195 | - | |
630 |
31,172 | 28,370 | 27,510 | 20,025 | 3,665 | 10,491 | 10,992 | - | |
640/8 |
2,523 | 656 | 2,400 | 22,246 | 13,062 | 3,809 | 3,601 | 149 | |
9901 |
234,772 | 56,683 | 104,631 | 173,491 | 200,396 | 101,621 | 45 | -38,951 | |
75/76B |
921 | 123 | 60 | 251 | 42 | 109 | 776 | 68 | |
75 |
921 | 123 | 60 | 251 | 42 | 109 | 776 | 68 | |
65/66B |
5,723 | 2,415 | 4,422 | 4,050 | 3,181 | 3,144 | 1,705 | 7,699 | |
65 |
5,723 | 2,415 | 4,422 | 4,050 | 3,181 | 3,144 | 1,705 | 7,699 | |
9903 |
229,970 | 54,391 | 100,269 | 169,693 | 197,257 | 98,585 | -884 | -46,582 | |
67/77 |
58,713 | 32,847 | 27,530 | 29,881 | 55,484 | 15,199 | - | - | |
9904 |
171,257 | 21,544 | 72,739 | 139,812 | 141,773 | 83,386 | -884 | -46,582 | |
9905 |
171,257 | 21,544 | 72,739 | 139,812 | 141,773 | 83,386 | -884 | -46,582 | |
| Appropriation of the result | |||||||||
9906 |
171,521 | 21,625 | 73,081 | 140,723 | 141,911 | 56,998 | -17,388 | -46,582 | |
14P |
264 | 81 | 343 | 911 | - | - | - | - | |
791/2 |
- | - | 7,000 | - | - | - | - | - | |
691/2 |
89,000 | 21,000 | - | 140,000 | 101,000 | 56,860 | - | - | |
6920 |
- | - | - | - | - | 1,860 | - | - | |
6921 |
89,000 | 21,000 | - | 140,000 | 101,000 | 55,000 | - | - | |
694/7 |
82,353 | - | 80,000 | - | 40,000 | - | - | - | |
694 |
82,353 | - | 80,000 | - | 40,000 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
2.3 | 1.3 | 1.3 | 1 | 1 | 0.8 | - | - | |
Hours worked1013 |
3,184 | 2,212 | 2,212 | 1,362 | 1,361 | 1,178 | - | - | |
| Document | |||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 31-08-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 31-08-2025 | 2025-00475179 | |
| 31-12-2023 | micro format | 11-10-2024 | 2024-00504248 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00439250 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20421981 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65700171 | |
| 31-12-2019 | micro format | 23-11-2020 | 2020-71300520 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-61900526 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55200079 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,000 | €1,000 |
| 2024 | 1 | €1,000 | €1,000 |
| 2023 | 1 | €937 | €937 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| 265,944 | 85,052 | 132,141 | 193,516 | 204,061 | 112,112 | 11,037 | - | ||
| 202,429 | 49,914 | 100,249 | 159,838 | 145,438 | 93,878 | 10,108 | - | ||
| 2,512 | 7,517 | 0 | 236,855 | -71,143 | 0 | 99 | 22,092 | ||
| -71,269 | 6,224 | -53,082 | 89,150 | 125,938 | 74,228 | 13,568 | - | ||
| 146,323 | 248,524 | 225,608 | 284,214 | 176,439 | 66,390 | -18,034 | 36,326 | ||
| 21.5% | 43.1% | 36.3% | 42.4% | 46.7% | 34.0% | -1.5% | -21.2% | ||
| 1.33 | 2.17 | 1.83 | 2.17 | 1.89 | 1.86 | 0.79 | 1.40 | ||
| 3.66 | 1.32 | 1.75 | 1.36 | 1.14 | 1.94 | - | - | ||
| 109.7% | 7.9% | 28.9% | 44.1% | 79.9% | 110.3% | - | - | ||
| 23.5% | 3.4% | 10.5% | 18.7% | 37.3% | 37.5% | -0.6% | -31.3% | ||
| 46.47 | 35.22 | 29.88 | 47.79 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | - | 2 | 2 |
| full-time | 3 | - | 2 | 1 |
| part-time | - | - | - | 1 |
| in full-time equivalents | 3 | - | 2 | 1.8 |
| 2.3 | 1.3 | 1.3 | 1 | |
| On a permanent contract | 2 | - | 2 | 2 |
| Joined | 1 | - | 1 | 1 |
| Left | 0 | - | 0 | 0 |
Source: social balance sheet in the 2021 to 2024 annual accounts
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €2,512 | €7,517 | - | €236,855 |
| €31,172 | €28,370 | €27,510 | €20,025 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is over 4.1 times that of 2023 and the highest since 2017. It is a recovery after the fall in 2023.
Debt's share of the balance-sheet total rises from 56.9% to 78.5%. Equity is lower and debt is higher.
SmartTechnics has no parent and no holdings in its annual accounts. SmartTechnics shares no director with another company.
| Anne Marie Deruytterre Indigenous Paoples Foundation
registered office since 26-03-2019 |
founded in 2019 0730.697.238 |
| International Forum for Biophilosophy
registered office since 18-01-1989 |
founded in 1989 0436.343.612 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Craenendonck 15 registered office 3000 Leuven | 30-05-2016 | 2.253.795.394 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24505F0567/00L000 | 528 m² | 1 · 237 m² | 17.2 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0655.732.173
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