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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SMART REALTY from Incourt, company number BE0688845696, closed financial year 2025 with a result of € -16,988 after tax. For that financial year SMART REALTY recorded a gross margin of € 42,469 and equity of € -102,623. Compared with financial year 2024, the result moved from € 2,409 to € -16,988. 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 August 26, 2026.
€ -102,623
▼ € 16,988 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,988
▼ still € 2,409 profit in 2024
Profit after tax over the fiscal year.
€ 9,386
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -108,823.
Debts at end 2025
€ 307,147
▲ 38% vs 2024
€ 29,119 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,571 | € 40,966 | € 30,640 | € 42,469 | ▲ 39% |
| Profit after taxes | € -10,552 | € 149 | € 2,409 | € -16,988 | ▼ € 19,397 |
| Equity | € -88,193 | € -88,044 | € -85,635 | € -102,623 | ▼ € 16,988 |
| Total debts | € 365,950 | € 541,003 | € 626,967 | € 1,123,475 | ▲ 79% |
| Cash | € 4,330 | € 86,838 | € 29,697 | € 9,386 | ▼ 68% |
| Land & buildings | € 256,458 | € 352,729 | € 499,551 | € 979,951 | ▲ 96% |
| Retained profit | € -94,393 | € -94,244 | € -91,835 | € -108,823 | ▼ € 16,988 |
| Bank debt | € 256,353 | € 239,284 | € 221,941 | € 307,147 | ▲ 38% |
| Balance sheet total | € 277,757 | € 452,959 | € 541,332 | € 1,020,852 | ▲ 89% |
| Employees (FTE) | 0.9 | 0.3 | - | - |
Key figures of SMART REALTY, 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 REALTY?
What happened at SMART REALTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,988 (▼ € 19,397 vs 2024). filed late Source: NBB ↗
- LOIC MEURISSE became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,552 loss in 2022 to € 16,988 loss in 2025.
Paid € 243 in corporate taxes since 2022.
Best year ever: 2024, with € 2,409 profit.
Management
Behind SMART REALTY is LOIC MEURISSE.
Directors
According to the 2025 annual accounts
LOIC MEURISSE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Fond du Village 17 box A
1315 Incourt
Rue Charles Dubois 75
1342 Ottignies-Louvain-la-Neuve
Active since 24 January 2018
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
- 0688.845.696
- VAT number
- BE 0688.845.696
- Registered office
- Rue Fond du Village 17 bus A, 1315 Incourt
- Names & denominations
- SMART REALTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2018
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Algemene elektrotechnische installatiewerken