T & D SMART
ActiveT & D SMART has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43M and a net result of €32k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 62% of 5495 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+10
Solvency85▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.4 in 2024), and 35.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.8%
Return on assets
1.4%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
21 d early
2023
25 d early
2022
24 d early
2021
8 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.43M▲ 2.3%
2024 · €1.40M
2018: €1.25M
2019: €1.34M
2020: €1.43M
2021: €1.52M
2022: €1.31M
2023: €1.40M
2024: €1.40M
2018 → 2025
Total assets
€2.21M▼ 0.2%
2024 · €2.22M
2018: €1.56M
2019: €1.61M
2020: €2.45M
2021: €2.49M
2022: €2.36M
2023: €2.30M
2024: €2.22M
2018 → 2025
Net result
€32k▲ 832%
2024 · €3k
2018: €82k
2019: €98k
2020: €82k
2021: €91k
2022: €42k
2023: €97k
2024: €3k
2018 → 2025
Working capital
€55k▲ 0.8%
2024 · €55k
2018: €17k
2019: €74k
2020: €158k
2021: €266k
2022: €47k
2023: €120k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.52M-€1.31M▼ 13.7%€1.40M▲ 6.9%€1.40M▲ 0.2%€1.43M▲ 2.3%
Operating result€146k-€86k▼ 41.0%€143k▲ 65.6%€24k▼ 83.5%€68k▲ 187%
Net result€91k-€42k▼ 53.6%€97k▲ 129%€3k▼ 96.5%€32k▲ 832%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 187% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.21M
Fixed assets
€1.99M▼ 1.5%
Current assets
€218k▲ 13.0%
Equity and liabilities €2.21M
Equity
€1.43M▲ 2.3%
Debt
€778k▼ 4.6%
The debt ratio falls from 36.7% to 35.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€104k▲
2024 · €58k
Cash flow
€68k▲
2024 · €38k
Solvency
64.8%▲
2024 · 63.3%
Current ratio
1.34▼
2024 · 1.40
Quick ratio
1.34▼
2024 · 1.40
Debt / equity
0.54▼
2024 · 0.58
ROE
2.2%▲
2024 · 0.2%
ROA
1.4%▲
2024 · 0.2%
Interest coverage
4.03▲
2024 · 3.14
Debt
€778k▼
2024 · €815k
Debt ≤ 1 year
€163k▲
2024 · €138k
Debt > 1 year
€608k▼
2024 · €668k
Income taxes
€10k▲
2024 · €2k
Staff costs
€223k▼
2024 · €267k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.22M€2.21M▼
Fixed assets21/28€2.02M€1.99M▼
Tangible fixed assets22/27€822k€791k▼
Land and buildings22€6k€9k▲
Plant, machinery and equipment23€18k€17k▼
Other tangible fixed assets26€797k€765k▼
Financial fixed assets28€1.20M€1.20M=
Current assets29/58€193k€218k▲
Amounts receivable within one year40/41€168k€201k▲
Trade receivables40€148k€201k▲
Other amounts receivable41€20k-
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.21M▼
Equity10/15€1.40M€1.43M▲
Contributions10/11€63k€63k=
Reserves13€1.33M€1.36M▲
Tax-exempt reserves132€115k€115k=
Distributable reserves133€1.22M€1.25M▲
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€815k€778k▼
Amounts payable after more than one year17€668k€608k▼
Financial debts170/4€576k€527k▼
Other amounts payable178/9€92k€81k▼
Amounts payable within one year42/48€138k€163k▲
Current portion of amounts payable after more than one year42€52k€53k▲
Trade debts44€40k€26k▼
Suppliers440/4€40k€26k▼
Taxes, remuneration and social security45€46k€84k▲
Taxes450/3€9k€48k▲
Remuneration and social security454/9€37k€36k▼
Accrued charges and deferred income492/3€8k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€267k€223k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€329k€330k▲
Operating profit (loss)9901€24k€68k▲
Financial income75/76B€724€26▼
Recurring financial income75€724€26▼
Financial charges65/66B€18k€26k▲
Recurring financial charges65€18k€26k▲
Profit (loss) for the period before taxes9903€6k€42k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€3k€32k▲
Profit (loss) for the period to be appropriated9905€3k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€40k▲
Profit (loss) brought forward from the previous period14P€5k€8k▲
Transfer to equity691/2-€32k
To other reserves6921-€32k
Social balance
Average headcount (FTE)90875.33.9▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €3k ▼96.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €98k ▲19.5%
Operating result €150k, net result €98k, both a record.
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sasboslaan(Bel) 208510 KortrijkGround area
1.0 ha
Building footprint
327 m²
Volume, LiDAR
1,784 m³
Parcel 34005B0213/00V004, Flanders · tallest building 17.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
T&D Smart
since 20072.161.771.296
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005B0213/00V004 | Flanders | 1.0 ha | 1 · 327 m² | 17.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELGRO
BE 0887.609.881
Lommel · Eq €1.43M
BEL LIGHTING
BE 0446.960.954
Tubize · Eq €1.43M
Vorwerk BENELUX
BE 1005.465.871
Antwerpen · Eq €1.44M
ELECTRA-BREE
BE 0872.796.397
Bree · Eq €1.46M
BOUWELEK
BE 0633.839.273
Alken · Eq €1.41M
Of 970 companies in sector 46431 we hold annual accounts for 699. 421 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2007
Fiscal year end30-09
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
64200Holdings
64210Activities of holding companies
74151
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.