Bankrupt · Opening faillissement (CBE)

SMARTFLATS

BE0849650615

Rechtspersoon Public limited company 50 establishments

SMARTFLATS is a holiday accommodation in Elsene. Public Limited, started on 16 October 2012, 50 establishments.

Louizalaan 251, 1050 Elsene

Start date

16 October 2012

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 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

SMARTFLATS from Elsene, company number BE0849650615, closed financial year 2024 with a result of € -7.9 million after tax. For that financial year SMARTFLATS recorded revenue of € 11 million and equity of € 260,472. Compared with financial year 2023, the result moved from € -204,436 to € -7.9 million. The company made a loss. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2025.

What it is worth Shrank hard

€ 260,472

▼ 92% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7.9 million

▼ 3749 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 54,479

▼ 92% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -9.9 million.

People and assets in 2024

Full-time equivalents

23

▲ 3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▲ 19% vs 2023

€ 56,900 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.

Vehicles and equipment

€ 226,720

▼ 30% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go

€ 6.4 million

▲ € 6.2 million vs 2023

€ 5.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 4.5 million

▲ 48% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.

Taxes and wages

€ 541,918

▼ 30% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue - € 11,066,406 € 14,911,559 € 10,972,320 ▼ 26%
Gross margin € -85,607 - - -
Profit after taxes € -1,710,588 € 591,747 € -204,436 € -7,867,941 ▼ € 7.7 million
Equity € 939,465 € 3,331,493 € 3,127,057 € 260,472 ▼ 92%
Total debts € 6,314,987 € 3,428,635 € 4,093,908 € 12,632,562 ▲ 209%
Cash € 343,985 € 879,730 € 650,049 € 54,479 ▼ 92%
Land & buildings € 2,990,316 € 0 - € 0
Retained profit € -2,427,004 € -1,835,257 € -2,039,693 € -9,907,633 ▼ € 7.9 million
Bank debt € 3,104,001 € 347,964 € 197,619 € 6,362,719 ▲ € 6.2 million
Balance sheet total € 7,254,452 € 6,760,128 € 7,220,965 € 12,893,034 ▲ 79%
Employees (FTE) 13.4 15.2 20 23 ▲ 3

Key figures of SMARTFLATS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to SMARTFLATS?

What happened at SMARTFLATS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

SMARTFLATS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 7.9 million. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO
  • New establishment in Brussel. KBO

In short

From € 1.7 million loss in 2021 to € 7.9 million loss in 2024.

Paid € 59,929 in corporate taxes since 2021.

Best year ever: 2022, with € 591,747 profit.

Pays suppliers within 110 days on average.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 251

1050 Elsene

2.263.710.774

Wolvengracht 11

1000 Brussel

Active since 30 September 2015

2.264.422.636

Waverse Steenweg 2-4

1050 Elsene

Active since 1 June 2017

2.316.391.474

Antoine Dansaertstraat 57

1000 Brussel

Active since 1 March 2021

2.353.083.507

Kolenmarkt 7

1000 Brussel

Active since 1 November 2021

2.359.848.464

Wolvengracht 16

1000 Brussel

Active since 29 May 2024

2.359.850.246

Nieuwstraat 128

1000 Brussel

Active since 29 May 2024

2.359.850.642

Grétrystraat 21

1000 Brussel

Active since 29 May 2024

2.359.850.939

Lombardstraat 47

1000 Brussel

Active since 29 May 2024

2.359.851.038

Waterloolaan 65

1000 Brussel

Active since 29 May 2024

2.359.851.434

Waterloolaan 12

1000 Brussel

Active since 29 May 2024

2.359.851.731

Kolenmarkt 1

1000 Brussel

Active since 29 May 2024

2.359.852.622

Zuidlaan 33

1000 Brussel

Active since 29 May 2024

2.359.852.919

Vlees-en-Broodstraat 1

1000 Brussel

Active since 29 May 2024

2.359.853.315

Anspachlaan 60-62

1000 Brussel

Active since 29 May 2024

2.359.855.293

Wolvengracht 18

1000 Brussel

Active since 29 May 2024

2.359.855.590

Kiekenmarkt 54

1000 Brussel

Active since 29 May 2024

2.359.855.788

Kolenmarkt 41

1000 Brussel

Active since 29 May 2024

2.359.855.986

Kiekenmarkt 45

1000 Brussel

Active since 29 May 2024

2.359.856.184

Grétrystraat 27

1000 Brussel

Active since 29 May 2024

2.359.856.481

Arenbergstraat 52/54

1000 Brussel

Active since 29 May 2024

2.359.857.273

Jozef II straat 128

1000 Brussel

Active since 29 May 2024

2.359.857.570

Jozef II straat 130

1000 Brussel

Active since 29 May 2024

2.359.857.768

Liefdadigheidsstraat 17

1210 Sint-Joost-ten-Node

Active since 29 May 2024

2.359.858.065

Grote Zavel 1

1000 Brussel

Active since 29 May 2024

2.359.858.362

Naamsestraat 89

1000 Brussel

Active since 29 May 2024

2.359.858.560

Jourdanstraat 50

1060 Sint-Gillis (bij-Brussel)

Active since 29 May 2024

2.359.858.857

Lebeaustraat 79

1000 Brussel

Active since 29 May 2024

2.359.858.956

Louizalaan 160

1050 Elsene

Active since 29 May 2024

2.359.859.154

Kapitein Crespelstraat 1/3

1050 Elsene

Active since 29 May 2024

2.359.884.888

Rue de la Cathédrale 97

4000 Liège

Active since 29 May 2024

2.359.885.086

Rue de l'Université 2

4000 Liège

Active since 29 May 2024

2.359.885.185

En Neuvice 3

4000 Liège

Active since 29 May 2024

2.359.885.284

Boulevard de la Sauvenière 128

4000 Liège

Active since 29 May 2024

2.359.885.383

Diestsestraat 48

3000 Leuven

Active since 29 May 2024

2.359.885.482

Okkernootsteeg 11

9000 Gent

Active since 29 May 2024

2.359.885.779

Veldstraat 46

9000 Gent

Active since 29 May 2024

2.359.885.878

Brabantdam 76

9000 Gent

Active since 29 May 2024

2.359.885.977

Sint-Niklaasstraat 38

9000 Gent

Active since 29 May 2024

2.359.886.274

Meir 41

2000 Antwerpen

Active since 29 May 2024

2.359.886.373

De Keyserlei 11

2018 Antwerpen

Active since 29 May 2024

2.359.886.472

Gramayestraat 7

2000 Antwerpen

Active since 29 May 2024

2.359.886.571

Osystraat 26

2060 Antwerpen

Active since 29 May 2024

2.359.886.769

Breydelstraat 30

2018 Antwerpen

Active since 29 May 2024

2.359.886.868

Schuttershofstraat 55

2000 Antwerpen

Active since 29 May 2024

2.359.886.967

Frankrijklei 19

2000 Antwerpen

Active since 29 May 2024

2.359.887.165

Cellebroedersstraat 20

2000 Antwerpen

Active since 29 May 2024

2.359.887.264

Schuttershofstraat 5

2000 Antwerpen

Active since 29 May 2024

2.359.887.660

Meir 6

2000 Antwerpen

Active since 29 May 2024

2.359.888.155

Schuttershofstraat 1

2000 Antwerpen

Active since 29 May 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
0849.650.615
VAT number
BE 0849.650.615
Registered office
Louizalaan 251, 1050 Elsene
Names & denominations
SMARTFLATS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
16 October 2012
Peppol
Not registered
Activities · NACE

Vakantieverblijven en andere accommodatie voor kort verblijf, neg

Frequently asked questions

What does SMARTFLATS do?
SMARTFLATS is a holiday accommodation in Elsene. Public Limited, started on 16 October 2012, 50 establishments.
What is the address of SMARTFLATS?
The registered office of SMARTFLATS is located at Louizalaan 251, 1050 Elsene.
Is SMARTFLATS still active?
No. The CBE lists SMARTFLATS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is SMARTFLATS registered on Peppol?
No, SMARTFLATS is currently not registered on the Peppol network.
What is the enterprise number of SMARTFLATS?
The enterprise number of SMARTFLATS is BE0849650615.
When was SMARTFLATS founded?
SMARTFLATS was founded on 16 October 2012.