Smartwork
ActiveSummary
The computed 12-month bankruptcy probability of Smartwork is 9.9% (elevated). For Smartwork, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€190,884) and a net result of -€8,774. Equity is shrinking by ~32.8% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 133 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
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- 2021 Net result +90% on 2020. Cause not known from the registers.
- 2020 Equity -278%, Total assets -82% on 2019. Cause not known from the registers.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €137 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €5,789 | €6,429 | ▲ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,761 | €20,761 | €4,833 | €2,141 | - | - |
| Other operating charges640/8 | - | - | - | €0 | €2,234 | - |
| Gross operating margin9900 | €41,724 | €9,280 | -€2,191 | -€5,789 | -€6,292 | ▼ 8.7% |
| Operating profit (loss)9901 | -€12,525 | -€77,304 | -€121,904 | -€7,930 | -€8,526 | ▼ 7.5% |
| Recurring financial income75 | - | €723 | €374 | - | - | - |
| Financial charges65/66B | - | - | - | €4,883 | €248 | ▼ 94.9% |
| Recurring financial charges65 | €5,942 | €4,730 | €3,008 | €4,883 | €248 | ▼ 94.9% |
| Profit (loss) for the period before taxes9903 | -€18,467 | -€81,311 | -€124,539 | -€12,814 | -€8,774 | ▲ 31.5% |
| Profit (loss) for the period9904 | -€18,467 | -€81,311 | -€124,539 | -€12,814 | -€8,774 | ▲ 31.5% |
| Profit (loss) for the period to be appropriated9905 | -€18,467 | -€81,311 | -€124,539 | -€12,814 | -€8,774 | ▲ 31.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €203,060 | €127,916 | €22,622 | €19,229 | €9,017 | ▼ 53.1% |
| Formation expenses20 | €998 | €499 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €164,448 | €104,187 | €2,266 | €125 | €125 | = |
| Intangible fixed assets21 | €9,904 | €6,023 | €2,141 | €0 | €0 | - |
| Tangible fixed assets22/27 | €114,420 | €98,039 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | €40,125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €37,613 | €23,230 | €20,356 | €19,104 | €8,892 | ▼ 53.5% |
| Amounts receivable within one year40/41 | €10,904 | €1,000 | €2,577 | €0 | - | - |
| Trade receivables40 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €43 | €8 | €0 | €0 | €3 | - |
| Deferred charges and accrued income490/1 | - | - | - | €19,104 | €8,889 | ▼ 53.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €203,060 | €127,916 | €22,622 | €19,229 | €9,017 | ▼ 53.1% |
| Equity10/15 | €14,753 | -€44,758 | -€169,297 | -€182,110 | -€190,884 | ▼ 4.8% |
| Contributions10/11 | €228,200 | €250,000 | - | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | -€213,447 | -€294,758 | -€419,297 | -€432,110 | -€440,884 | ▼ 2.0% |
| Amounts payable17/49 | €188,307 | €172,674 | €191,919 | €201,340 | €199,901 | ▼ 0.7% |
| Amounts payable after more than one year17 | €64,053 | €21,759 | €0 | €0 | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €123,573 | €146,455 | €191,781 | €201,203 | €199,901 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - | - |
| Financial debts43 | - | - | - | €435 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €435 | €0 | ▼ 100% |
| Trade debts44 | €33,538 | €5,965 | €21,049 | €15,199 | €16,082 | ▲ 5.8% |
| Suppliers440/4 | - | - | - | €15,199 | €16,082 | ▲ 5.8% |
| Taxes, remuneration and social security45 | - | - | - | €4,538 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €4,538 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €181,031 | €183,820 | ▲ 1.5% |
| Accrued charges and deferred income492/3 | - | - | - | €137 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,467 | -€81,311 | -€124,539 | -€12,814 | -€8,774 | ▲ 31.5% |
| + Depreciation and write-downs630 | €20,761 | €20,761 | €4,833 | €2,141 | - | - |
| Operating cash flow (approximation) | €2,294 | -€60,550 | -€119,706 | -€10,672 | -€8,774 | ▲ 17.8% |
| Investment in fixed assets (approximation) | - | €39,501 | €97,087 | €0 | €0 | - |
| Change in cash | - | -€35 | -€8 | -€0 | €3 | ▲ 1,137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 ownerOwners 1
-
25.79%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.