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Smartware

Active Public limited companyfounded 1991active for 35 yearsReigersdreef 5, 2990 WuustwezelKBO/BCE: BE 0444.479.437 #3 oldest company in Wuustwezel, Telecoms and IT sector

Annual accounts 2025

full format, filed on 30-07-2026, 30 days late
-€1,397
▼ €1,045
-€1,918
▲ €942
-€1,951
▲ €3,103
€124,510
▼ 1.5%
91.2%
▼ 0.1 percentage points
11.37
▼ 0.16

Turnover: not included in this filing.

Balance sheet

balance sheet total €136,520 on 30-11-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

91.2%

Higher than 95% of 1,691 companies in 2025.

11.37

Higher than 95% of 1,658 companies in 2025.

-1.4%

Higher than 30% of 1,673 companies in 2025.

Smartware Middle half of the sector 80% of the sector Full accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 136,520138,472135,737159,605162,115181,297224,850148,114161,567157,503186,312141,504183,576137,419137,902181,831137,244145,100140,608
21/28 --2,0062,006------4962,3175,5024,712-----
22/27 --2,0062,006------4962,3175,5024,712----0
23 --2,0062,006-------1,3254,0142,728-----
24 ----------4969921,4881,983-----
29/58 136,520138,472133,732157,599162,115181,297224,850148,114161,567157,503185,816139,187178,074132,707137,902181,831137,244145,100140,608
3 --------4,33525,535-7,242-------
30/36 --------4,33525,535-7,242-------
40/41 13,54622,77118,76927,31527,31559,799110,27723,30288,17519,71323,35615,88365,75533,85441,20584,356116,92480,626102,205
40 12,78222,00818,04427,31527,31559,799110,27723,30288,17519,71323,31815,77265,65133,73841,16071,486116,50477,457102,205
41 764764725-------371111051154512,8704203,169-
54/58 122,974115,700114,963130,285134,800121,498114,573124,81269,057112,256162,461116,062112,31998,85496,69797,47520,32064,47438,403
Balance sheet: equity and liabilities
10/49 136,520138,472135,737159,605162,115181,297224,850148,114161,567157,503186,312141,504183,576137,419137,902181,831137,244145,100140,608
10/15 124,510126,461131,516134,174135,978138,535135,624128,417137,995140,129140,025128,243130,056125,489124,762122,903117,978104,14381,353
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000--------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
130/1 6,2006,2006,2006,2006,200--------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
14 56,31058,26163,31665,97467,77870,33567,42460,21769,79571,92971,82560,04361,85657,28956,56254,70349,77835,94313,153
17/49 12,01012,0104,22225,43226,13742,76189,22519,69723,57117,37546,28713,26153,52011,93013,14058,92919,26640,95759,255
42/48 12,01012,0104,22225,43226,13742,76189,22519,69723,57117,37546,2878,13449,0288,0759,42156,18316,98238,57457,894
44 12,01012,0104,22213,70014,40530,75978,03610,52615,38911,18631,4637,23647,3147,4409,18156,18316,50337,59148,390
440/4 12,01012,0104,22213,70014,40530,75978,03610,52615,38911,18631,4637,23647,3147,4409,18156,18316,50337,59148,390
45 ---11,73211,73212,00211,1909,1718,1836,18914,8248981,714635240-4799849,504
450/3 ---11,73211,73212,00211,1909,1718,1836,18914,8248981,714635240-4799849,504
492/3 -----------5,1274,4913,8553,7192,7462,2842,3831,361
Income statement
9900 -1,397-351-1,657-1,013-3563,1957,720-8,944-1,18795517,1111,18411,8631,7322,0984,76219,65834,45220,486
630 -2,006-------4961,8213,1853,1851,860-----
631/4 ----------3,723-4,798----250-
640/8 521502957723449446494442440447440438404402402401399401447
9901 -1,918-2,860-2,613-1,737-8052,7497,226-9,386-1,6261311,128-2,4393,477-5291,6974,36119,26033,80120,039
75/76B -----2652094731356976871,1541,320299803275104104
75 -----2652094731356976871,1541,320299803275104104
65/66B 34454568231033920298045436263641598797133138
65 34454568231033920298045436263641598797133138
9903 -1,951-2,905-2,658-1,804-8272,9117,208-9,579-2,13310311,782-1,8134,5677271,8375,07719,43833,77220,005
67/77 -2,150-------------231525,60310,9827,376
9904 -1,951-5,054-2,658-1,804-8272,9117,208-9,579-2,13310311,782-1,8134,5677271,8604,92513,83522,79012,629
9905 -1,951-5,054-2,658-1,804-8272,9117,208-9,579-2,13310311,782-1,8134,5677271,8604,92513,83522,79012,629
Appropriation of the result
9906 56,31058,26163,31665,97467,77870,33567,42460,21769,79571,92971,82560,04361,85657,28956,56254,70349,77835,94317,418
14P 58,26163,31665,97467,77868,605--------------
691/2 ------------------4,265
6920 ------------------4,265
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 30 July 2026, deadline 30 June 2026 (7 months after the close on 30 November 2025, Companies Code art. 3:10). Source: NBB, 2026-00356011.

Financial year Type Filed Reference Document
30-11-2025 full format 30-07-2026 2026-00356011 PDF
30-11-2024 abbreviated format 31-07-2025 2025-00337543 PDF
30-11-2023 abbreviated format 29-07-2024 2024-00294435 PDF
30-11-2022 abbreviated format 29-07-2024 2024-00294403 PDF
30-11-2021 abbreviated format 29-07-2024 2024-00294340 PDF
30-11-2019 abbreviated format 30-06-2020 2020-26600458 PDF
30-11-2018 abbreviated format 31-07-2019 2019-43700441 PDF
30-11-2017 abbreviated format 18-06-2018 2018-20100171 PDF
30-11-2016 abbreviated format 31-07-2017 2017-40400202 PDF
30-11-2015 abbreviated format 31-05-2016 2016-15100476 PDF
30-11-2014 abbreviated format 15-06-2015 2015-17500394 PDF
30-11-2013 abbreviated format 31-07-2014 2014-39300029 PDF
30-11-2012 abbreviated format 30-07-2013 2013-38500301 PDF
30-11-2011 abbreviated format 30-06-2012 2012-25200090 PDF
30-11-2010 abbreviated format 29-07-2011 2011-37300059 PDF
30-11-2009 abbreviated format 31-07-2010 2010-38300335 PDF
30-11-2008 abbreviated format 29-06-2009 2009-32900205 PDF
30-11-2007 abbreviated format 29-06-2008 2008-32100367 PDF
30-11-2006 abbreviated format 13-06-2007 2007-22100290 PDF
30-11-2005 abbreviated format 28-06-2006 2006-34502768 PDF
30-11-2004 abbreviated format 30-06-2005 2005-38603679 PDF
30-11-2003 abbreviated format 28-10-2004 2004-76004683 PDF
30-11-2002 abbreviated format 01-07-2003 2003-36100768 PDF
30-11-2001 abbreviated format 08-08-2002 2002-46504282 PDF
30-11-2000 abbreviated format 08-08-2002 2002-46504269 PDF
30-11-1999 abbreviated format 10-10-2000 2000-63404050 PDF
30-11-1998 abbreviated format 10-10-2000 2000-63404036 PDF
30-11-1997 abbreviated format 18-09-1998 1998-47700607 PDF
30-11-1996 abbreviated format 27-08-1997 1997-39800467 PDF
30-11-1995 abbreviated format 31-10-1996 1996-49701451 PDF
30-11-1994 abbreviated format 25-08-1995 1995-47000086 PDF
30-11-1993 abbreviated format 08-07-1994 1994-28502161 PDF
31-12-1992 abbreviated format 08-09-1993 1993-35003235 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120192018201720162015201420132012201120102009200820072006
--854-------50912,9497476,6621,331-----
--3,048-------59913,6031,3727,7522,587-----
-0-2,006-----0003,9756,572-----
7,274738-15,322-4,515-6,925-10,24055,755-43,199-50,20546,3993,74313,4652,157-77877,155-44,15426,071-
124,510126,461129,510132,168135,978138,535135,624128,417137,995140,129139,529131,054129,045124,633128,481125,649120,262106,52582,714
91.2%91.3%96.9%84.1%83.9%76.4%60.3%86.7%85.4%89.0%75.2%90.6%70.8%91.3%90.5%67.6%86.0%71.8%57.9%
11.3711.5331.686.206.204.242.527.526.859.074.0117.113.6316.4314.643.248.083.762.43
11.3711.5331.686.206.204.242.527.526.677.604.0116.223.6316.4314.643.248.083.762.43
0.100.090.030.190.190.310.660.150.170.120.330.100.410.100.110.480.160.390.73
-1.6%-4.0%-2.0%-1.3%-0.6%2.1%5.3%-7.5%-1.5%0.1%8.4%-1.4%3.5%0.6%1.5%4.0%11.7%21.9%15.5%
-1.4%-3.6%-2.0%-1.1%-0.5%1.6%3.2%-6.5%-1.3%0.1%6.3%-1.3%2.5%0.5%1.3%2.7%10.1%15.7%9.0%
--18.97-----------------

EBIT margin: not included in this filing.

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.

Investments

fixed assets acquired
Item30-11-202530-11-202430-11-202330-11-202230-11-2021
Tangible fixed assets---€2,006-
-€2,006---

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Smartware

The operating result for 2025 is a loss of €1,918, smaller than the loss of €2,860 in 2024.

Debt's share of the balance-sheet total rises from 8.7% to 8.8%. Equity is lower.

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