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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Smart renovaTions from Sint-Katelijne-Waver, company number BE0635598438, closed financial year 2025 with a result of € -5,376 after tax. For that financial year Smart renovaTions recorded a gross margin of € 84,657 and equity of € 342,839. Compared with financial year 2024, the result moved from € 386 to € -5,376. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 342,839
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,376
▼ still € 386 profit in 2024
Profit after tax over the fiscal year.
€ 47,034
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 281,339.
People and assets in 2025
€ 1,126
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 50% vs 2024
€ 87,187 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 20,015
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,500
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,773 | € 182,868 | € 93,632 | € 84,657 | ▼ 10% |
| Profit after taxes | € 12,943 | € 65,770 | € 386 | € -5,376 | ▼ € 5,762 |
| Equity | € 280,559 | € 347,829 | € 348,215 | € 342,839 | ▼ 2% |
| Total debts | € 2,451,511 | € 2,251,050 | € 2,462,162 | € 2,462,146 | |
| Cash | € 37,556 | € 30,939 | € 42,743 | € 47,034 | ▲ 10% |
| Land & buildings | € 751,171 | € 730,616 | € 1,113,925 | € 1,489,128 | ▲ 34% |
| Retained profit | € 220,559 | € 286,329 | € 286,715 | € 281,339 | ▼ 2% |
| Bank debt | € 618,560 | € 996,153 | € 1,230,483 | € 1,840,181 | ▲ 50% |
| Balance sheet total | € 2,732,070 | € 2,598,879 | € 2,810,377 | € 2,804,985 |
Key figures of Smart renovaTions, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Smart renovaTions?
What happened at Smart renovaTions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,376 (▼ € 5,762 vs 2024). Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,943 profit in 2022 to € 5,376 loss in 2025.
Paid € 33,121 in corporate taxes since 2022.
Best year ever: 2023, with € 65,770 profit.
Management
Behind Smart renovaTions are SDC Group NV and TMC NV. It owns 100% of V.EG.A.V. itself.
Directors
According to the 2025 annual accounts
Director · represented by Sven De Coninck
Also active at: REX HEATING, SDC build & projects, De Coninck
Director · represented by Tim Mariën
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 24
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0635.598.438
- VAT number
- BE 0635.598.438
- Registered office
- Antwerpsesteenweg 24, 2860 Sint-Katelijne-Waver
- Names & denominations
- Smart renovaTions
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2015
- Peppol
- Active · Active since 28 Aug 2025
- Activities · NACE
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