Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2026
Smart Papaya from Bredene, company number BE0627817454, closed financial year 2026 with a result of € -52,953 after tax. For that financial year Smart Papaya recorded a gross margin of € 29,203 and equity of € -4,246. Compared with financial year 2025, the result moved from € 20,860 to € -52,953. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2026.
€ -4,246
▼ € 52,953 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,953
▼ still € 20,860 profit in 2025
Profit after tax over the fiscal year.
€ 2,643
▼ 60% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,846.
Debts at end 2026
€ 35,735
▲ 1% vs 2025
Loans from banks and other lenders, long and short.
€ 8,635
▲ 50% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,988
▲ 43% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -13,577 | € 4,219 | € 31,316 | € 29,203 | ▼ 7% |
| Profit after taxes | € -16,519 | € -196 | € 20,860 | € -52,953 | ▼ € 73,813 |
| Equity | € 36,045 | € 35,848 | € 48,708 | € -4,246 | ▼ € 52,953 |
| Total debts | € 87,157 | € 79,646 | € 61,083 | € 54,487 | ▼ 11% |
| Cash | € 10,988 | € 97 | € 6,548 | € 2,643 | ▼ 60% |
| Retained profit | € 17,445 | € 17,248 | € 30,108 | € -22,846 | ▼ € 52,953 |
| Dividend | € 0 | € 0 | € 8,000 | € 0 | ▼ 100% |
| Bank debt | € 35,000 | € 35,368 | € 35,368 | € 35,735 | ▲ 1% |
| Balance sheet total | € 123,201 | € 115,494 | € 109,791 | € 50,241 | ▼ 54% |
Key figures of Smart Papaya, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Smart Papaya?
What happened at Smart Papaya in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 52,953 (▼ € 73,813 vs 2025). Source: NBB ↗
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,519 loss in 2023 to € 52,953 loss in 2026.
Paid € 10,765 in corporate taxes since 2023.
Best year ever: 2025, with € 20,860 profit.
Paid out € 8,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Paaphoek 30
8450 Bredene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0627.817.454
- VAT number
- BE 0627.817.454
- Registered office
- Paaphoek 30, 8450 Bredene
- Names & denominations
- Smart Papaya
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2015
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
Holdings
Activiteiten van holdings
Beheer van computerfaciliteiten
Computerconsultancy-activiteiten
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