Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
Smart Innovation from Leuven, company number BE0716663516, closed financial year 2026 with a result of € -550,825 after tax. For that financial year Smart Innovation recorded revenue of € 624,859 and equity of € 4 million. Compared with financial year 2025, the result moved from € -1.2 million to € -550,825. The company made a loss. 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 12, 2026.
€ 4 million
▼ 34% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -550,825
▲ 54 % less loss than in 2025
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2026
7.9
▼ 79.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 756,107
▼ 91% vs 2025
€ 95,700 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.
€ 154,946
▲ 239% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 16,652
Loans from banks and other lenders, long and short.
€ 761,975
▼ 60% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 166 days on average.
€ 327,922
▼ 90% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 4,206,737 | € 9,188,934 | € 8,159,793 | € 624,859 | ▼ 92% |
| Profit after taxes | € -1,597,323 | € 758,187 | € -1,209,071 | € -550,825 | ▲ € 658,246 |
| Equity | € 6,431,310 | € 7,189,497 | € 5,980,426 | € 3,957,802 | ▼ 34% |
| Total debts | € 3,612,177 | € 4,441,621 | € 5,122,572 | € 1,108,092 | ▼ 78% |
| Cash | € 3,808,456 | € 4,037,116 | € 2,603,025 | - | |
| Land & buildings | € 55,502 | € 61,773 | € 34,988 | € 160 | ▼ € 34,828 |
| Retained profit | € -1,597,323 | € -839,136 | € -2,048,207 | € -2,044,095 | |
| Bank debt | € 0 | € 0 | € 0 | € 16,652 | |
| Balance sheet total | € 10,043,487 | € 11,631,118 | € 11,102,998 | € 5,065,894 | ▼ 54% |
| Employees (FTE) | 39.6 | 60.4 | 87.2 | 7.9 | ▼ 79.3 |
Key figures of Smart Innovation, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Smart Innovation?
What happened at Smart Innovation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 550,825. Source: NBB ↗
- Peter VANBELLINGEN became a director. NBB
- Stefaan VANDAMME became a director. NBB
- Kris CASTELEIN became a director. NBB
- New establishment in Leuven. KBO
- New establishment in Halle. KBO
- Stefan GOETHART became a director. NBB
- Jo WILLEMYNS became a director. NBB
In short
From € 1.6 million loss in 2023 to € 550,825 loss in 2026.
Paid € 10,668 in corporate taxes since 2023.
Best year ever: 2024, with € 758,187 profit.
Pays suppliers within 166 days on average.
Management
Behind Smart Innovation are Stefan GOETHART, Jo WILLEMYNS, Stefaan VANDAMME, Peter VANBELLINGEN and Kris CASTELEIN. The shares are held by Colruyt Group NV (100%).
Directors
According to the 2026 annual accounts
Stefan GOETHART
Director
since 2022
Jo WILLEMYNS
Director
Also active at: COLIM, DAVYTRANS, Vlevico, FLEETCO, ENCO RETAIL, VISIEBLE, SOLUCIOUS, NORTHLANDT +25 more
since 2022
Stefaan VANDAMME
Director
Also active at: Roelandt, RETAIL PARTNERS COLRUYT GROUP, Vlevico, HEYLEN - ENGELS, ENCO RETAIL, SOLUCIOUS, AB RESTAURATION, PUUR +14 more
since 2024
Peter VANBELLINGEN
Director
Also active at: Avellana, VISIEBLE, EW 738/740, PUUR, GERLI Erasmus, COLRUYT CASH AND CARRY, Colruyt Food Retail, ZEEBOERDERIJ WESTDIEP +3 more
since 2025
Kris CASTELEIN
Director
Also active at: Roelandt, RETAIL PARTNERS COLRUYT GROUP, Vlevico, HEYLEN - ENGELS, SOCIETE AGRICOLE de MEESTER, ENCO RETAIL, SOLUCIOUS, DREAMBABY +16 more
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 17-1 / 17-2
3001 Leuven
Edingensesteenweg 196
1500 Halle
Active since 19 December 2018
Beertsestraat 273
1500 Halle
Active since 1 January 2024
Interleuvenlaan 17 box A
3001 Leuven
Active since 1 February 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0716.663.516
- VAT number
- BE 0716.663.516
- Registered office
- Ambachtenlaan 17-1 / 17-2, 3001 Leuven
- Names & denominations
- Smart Innovation
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 18 Oct 2023
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Beheer van computerfaciliteiten
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)