Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 45.9 to 37.8.
Financials
Financial year 2025
SMART FINANCE from Roeselare, company number BE0654944592, closed financial year 2025 with a result of € 330,078 after tax. For that financial year SMART FINANCE recorded a gross margin of € 2.9 million and equity of € 104,911. Compared with financial year 2024, the result moved from € 467,944 to € 330,078. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 104,911
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 330,078
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 348,590
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
91 % of the profit went to the shareholders, mostly to Full House (100 % of the shares). That is where the money ends up.
People and assets in 2025
37.8
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 3% vs 2024
€ 61,600 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.
€ 30,213
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 65,813
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 437,122
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,436,707 | - | - | |
| Gross margin | € 3,351,699 | € 3,747,052 | € 3,088,329 | € 2,913,088 | ▼ 6% |
| Profit after taxes | € -190,102 | € 632,062 | € 467,944 | € 330,078 | ▼ 29% |
| Equity | € 442,663 | € 74,725 | € 74,834 | € 104,911 | ▲ 40% |
| Total debts | € 800,504 | € 1,982,053 | € 1,144,229 | € 862,466 | ▼ 25% |
| Cash | € 289,917 | € 437,396 | € 248,786 | € 348,590 | ▲ 40% |
| Retained profit | € 424,113 | € 56,175 | € 56,284 | € 86,361 | ▲ 53% |
| Dividend | € 0 | € 1,000,000 | € 467,836 | € 300,000 | ▼ 36% |
| Bank debt | € 66,778 | € 315,000 | € 0 | € 0 | |
| Balance sheet total | € 1,243,167 | € 2,056,778 | € 1,219,062 | € 967,377 | ▼ 21% |
| Employees (FTE) | 43.4 | 45.9 | 39.2 | 37.8 | ▼ 1.4 |
Key figures of SMART FINANCE, 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 FINANCE?
What happened at SMART FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 330,078 (▼ 29% vs 2024). Source: NBB ↗
- Baseline BV became a director. NBB
- Vabas Consulting stepped down as director. NBB
- New establishment in Hasselt. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 190,102 loss in 2022 to € 330,078 profit in 2025.
Paid € 624,022 in corporate taxes since 2022.
Best year ever: 2023, with € 632,062 profit.
On average € 77,100 of value added per employee in 2025.
Management
The stake of Full House comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMART FINANCEBehind SMART FINANCE are Baseline BV and Nonics BV. The shares are held by Full House (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kurt SPREUWERS
Also active at: Smart Construct, Smart Services, Full House
since 2025
Director · represented by Brecht DE MEY
Also active at: VIVALDIS CONSTRUCT, VIVALDIS INTERIM, Copus International, SEAL RECRUITMENT, Heads&Hunters, COPUS GROUP, Benton, Segers Smart Truck School +9 more
Director · represented by Andy VANDERHEYDEN
Also active at: Benton, Smart Construct, Smart ICT / Field Services, Smart Experts, COPUS PROJECTSOURCING
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nelekouter 79 box 2.1&2.2
8800 Roeselare
Nelekouter 79 box 2.1-2.2
8800 Roeselare
Active since 24 May 2016
Kempische steenweg 440
3500 Hasselt
Active since 1 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0654.944.592
- VAT number
- BE 0654.944.592
- Registered office
- Nelekouter 79 bus 2.1&2.2, 8800 Roeselare
- Names & denominations
- SMART FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2016
- Peppol
- Active · Active since 22 Jan 2026
- Contact
- smartsolutions.jobs
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren