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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Be SMART, move to improve from Torhout, company number BE0649429450, closed financial year 2025 with a result of € 111,705 after tax. For that financial year Be SMART, move to improve recorded a gross margin of € 234,787 and equity of € 324,947. Compared with financial year 2024, the result moved from € 75,435 to € 111,705. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 324,947
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,705
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 57,753
▲ € 51,374 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 234,368 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 23,400
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 201,681
▼ 13% vs 2024
€ 40,032 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,798
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,747
▲ 42% vs 2024
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 | € 141,047 | € 111,941 | € 173,864 | € 234,787 | ▲ 35% |
| Profit after taxes | € 58,329 | € 32,629 | € 75,435 | € 111,705 | ▲ 48% |
| Equity | € 339,546 | € 372,175 | € 447,610 | € 324,947 | ▼ 27% |
| Total debts | € 373,931 | € 321,561 | € 310,575 | € 328,517 | ▲ 6% |
| Cash | € 16,689 | € 6,768 | € 6,379 | € 57,753 | ▲ € 51,374 |
| Land & buildings | € 41,768 | € 34,066 | € 26,364 | € 18,663 | ▼ 29% |
| Retained profit | € 327,146 | € 359,775 | € 435,210 | € 312,547 | ▼ 28% |
| Dividend | € 0 | € 0 | € 0 | € 234,368 | |
| Bank debt | € 320,638 | € 272,094 | € 230,865 | € 201,681 | ▼ 13% |
| Balance sheet total | € 713,477 | € 693,736 | € 758,185 | € 653,464 | ▼ 14% |
Key figures of Be SMART, move to improve, 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 Be SMART, move to improve?
What happened at Be SMART, move to improve in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,705 (▲ 48% vs 2024). filed late Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,329 profit in 2022 to € 111,705 profit in 2025.
Paid € 122,801 in corporate taxes since 2022.
Best year ever: 2025, with € 111,705 profit.
Paid out € 234,368 in dividends to the owners in total.
Management
Behind Be SMART, move to improve is Pascal Van Hove. Pascal Van Hove is also behind Vlaco vzw and Waterleau NewEnergy Ieper.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Hogestraat 27
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0649.429.450
- VAT number
- BE 0649.429.450
- Registered office
- Hogestraat 27, 8820 Torhout
- Names & denominations
- Be SMART, move to improve · Be SMART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2016
- Peppol
- Active · Active since 28 May 2025
- Activities · NACE
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