Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SMART NETWORKS from Walcourt, company number BE0655774537, closed financial year 2025 with a result of € 22,307 after tax. For that financial year SMART NETWORKS recorded a gross margin of € 119,020 and equity of € 1. Compared with financial year 2024, the result moved from € 21,771 to € 22,307. Profitable, and profit is growing. The buffer shrank hard: equity is 100 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 1
▼ € 24,459 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,307
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 54,096
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46,766 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 64,321
▼ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,257
▲ 1% 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.
€ 74,702
▲ € 74,505 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,878
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 146,562 | € 103,518 | € 131,926 | € 119,020 | ▼ 10% |
| Profit after taxes | € 47,856 | € 15,391 | € 21,771 | € 22,307 | ▲ 2% |
| Equity | € 30,766 | € 31,485 | € 24,460 | € 1 | ▼ € 24,459 |
| Total debts | € 87,347 | € 121,561 | € 117,416 | € 200,888 | ▲ 71% |
| Cash | € 48,987 | € 5,312 | € 43,428 | € 54,096 | ▲ 25% |
| Retained profit | € 12,166 | € 12,885 | € 5,860 | € 0 | ▼ 100% |
| Dividend | € 56,439 | € 14,672 | € 28,797 | € 46,766 | ▲ 62% |
| Bank debt | € 1,044 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 118,113 | € 153,046 | € 141,876 | € 200,889 | ▲ 42% |
| Employees (FTE) | 1 | 1 | - | - |
Key figures of SMART NETWORKS, fiscal years 2022 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 SMART NETWORKS?
What happened at SMART NETWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,307 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Walcourt. KBO
- Miguel Angel RODRIGUEZ-GARCIA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 47,856 profit in 2022 to € 22,307 profit in 2025.
Paid € 46,737 in corporate taxes since 2022.
Best year ever: 2022, with € 47,856 profit.
On average € 103,500 of value added per employee in 2023.
A new publication or filing at SMART NETWORKS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SMART NETWORKS is Miguel Angel RODRIGUEZ-GARCIA.
Directors
According to the 2025 annual accounts
Miguel Angel RODRIGUEZ-GARCIA
Manager
since 2016
Establishments
Establishment units
Physical locations of this company
Allée des Bruyères(Thy) 5
5651 Walcourt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0655.774.537
- VAT number
- BE 0655.774.537
- Registered office
- Allée des Bruyères(Thy) 5, 5651 Walcourt
- Names & denominations
- SMART NETWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2016
- Peppol
- Active · Active since 15 Jul 2025
- Activities · NACE
Activiteiten van vertalers
Algemene elektrotechnische installatiewerken
Vertalers en tolken
Reparatie en onderhoud van consumentenelektronica
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Reparatie en onderhoud van elektrische apparatuur
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Groothandel in informatie- en communicatieapparatuur
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