Financials
Financial year 2025
SMARTWATT from Genappe, company number BE0479565327, closed financial year 2025 with a result of € 1,583 after tax. For that financial year SMARTWATT recorded a gross margin of € 168,684 and equity of € 412,860. Compared with financial year 2024, the result moved from € 231,182 to € 1,583. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 11, 2026.
€ 412,860
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,583
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 21,629
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 404,800.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 153,471
▼ 17% vs 2024
€ 76,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,687
▲ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,000
€ 4,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 35,659
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,957
▲ € 4,591 vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,922 | € 109,611 | € 526,013 | € 168,684 | ▼ 68% |
| Profit after taxes | € 19,653 | € 25,860 | € 231,182 | € 1,583 | ▼ 99% |
| Equity | € 154,235 | € 180,095 | € 411,277 | € 412,860 | |
| Total debts | € 5,924 | € 10,872 | € 96,899 | € 57,617 | ▼ 41% |
| Cash | € 56,811 | € 31,457 | € 10,616 | € 21,629 | ▲ 104% |
| Retained profit | € 148,035 | € 172,035 | € 403,217 | € 404,800 | |
| Bank debt | € 0 | € 0 | € 0 | € 17,000 | |
| Balance sheet total | € 160,159 | € 190,968 | € 508,176 | € 470,477 | ▼ 7% |
| Employees (FTE) | 1 | - | - | 2 |
Key figures of SMARTWATT, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SMARTWATT?
What happened at SMARTWATT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,583 (▼ 99% vs 2024). filed late Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,653 profit in 2021 to € 1,583 profit in 2025.
Paid € 79,095 in corporate taxes since 2021.
Best year ever: 2024, with € 231,182 profit.
On average € 84,300 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Chemin des Casses 2
1472 Genappe
Grand'Route 550 box B3
1428 Braine-l'Alleud
Active since 1 June 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.565.327
- VAT number
- BE 0479.565.327
- Registered office
- Chemin des Casses 2, 1472 Genappe
- Names & denominations
- SMARTWATT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2003
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- 0499/239972
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden