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.
€ 260,472
▼ 92% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.9 million
▼ 3749 % more loss than in 2023
Profit after tax over the fiscal year.
€ 54,479
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.9 million.
People and assets in 2024
23
▲ 3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 226,720
▼ 30% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 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.
€ 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.
€ 541,918
▼ 30% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 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.
A new publication or filing at SMARTFLATS? We notify you, reason included.
Follow SMARTFLATSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Establishments
Establishment units
Physical locations of this company
Louizalaan 251
1050 Elsene
Wolvengracht 11
1000 Brussel
Active since 30 September 2015
Waverse Steenweg 2-4
1050 Elsene
Active since 1 June 2017
Antoine Dansaertstraat 57
1000 Brussel
Active since 1 March 2021
Kolenmarkt 7
1000 Brussel
Active since 1 November 2021
Wolvengracht 16
1000 Brussel
Active since 29 May 2024
Nieuwstraat 128
1000 Brussel
Active since 29 May 2024
Grétrystraat 21
1000 Brussel
Active since 29 May 2024
Lombardstraat 47
1000 Brussel
Active since 29 May 2024
Waterloolaan 65
1000 Brussel
Active since 29 May 2024
Waterloolaan 12
1000 Brussel
Active since 29 May 2024
Kolenmarkt 1
1000 Brussel
Active since 29 May 2024
Zuidlaan 33
1000 Brussel
Active since 29 May 2024
Vlees-en-Broodstraat 1
1000 Brussel
Active since 29 May 2024
Anspachlaan 60-62
1000 Brussel
Active since 29 May 2024
Wolvengracht 18
1000 Brussel
Active since 29 May 2024
Kiekenmarkt 54
1000 Brussel
Active since 29 May 2024
Kolenmarkt 41
1000 Brussel
Active since 29 May 2024
Kiekenmarkt 45
1000 Brussel
Active since 29 May 2024
Grétrystraat 27
1000 Brussel
Active since 29 May 2024
Arenbergstraat 52/54
1000 Brussel
Active since 29 May 2024
Jozef II straat 128
1000 Brussel
Active since 29 May 2024
Jozef II straat 130
1000 Brussel
Active since 29 May 2024
Liefdadigheidsstraat 17
1210 Sint-Joost-ten-Node
Active since 29 May 2024
Grote Zavel 1
1000 Brussel
Active since 29 May 2024
Naamsestraat 89
1000 Brussel
Active since 29 May 2024
Jourdanstraat 50
1060 Sint-Gillis (bij-Brussel)
Active since 29 May 2024
Lebeaustraat 79
1000 Brussel
Active since 29 May 2024
Louizalaan 160
1050 Elsene
Active since 29 May 2024
Kapitein Crespelstraat 1/3
1050 Elsene
Active since 29 May 2024
Rue de la Cathédrale 97
4000 Liège
Active since 29 May 2024
Rue de l'Université 2
4000 Liège
Active since 29 May 2024
En Neuvice 3
4000 Liège
Active since 29 May 2024
Boulevard de la Sauvenière 128
4000 Liège
Active since 29 May 2024
Diestsestraat 48
3000 Leuven
Active since 29 May 2024
Okkernootsteeg 11
9000 Gent
Active since 29 May 2024
Veldstraat 46
9000 Gent
Active since 29 May 2024
Brabantdam 76
9000 Gent
Active since 29 May 2024
Sint-Niklaasstraat 38
9000 Gent
Active since 29 May 2024
Meir 41
2000 Antwerpen
Active since 29 May 2024
De Keyserlei 11
2018 Antwerpen
Active since 29 May 2024
Gramayestraat 7
2000 Antwerpen
Active since 29 May 2024
Osystraat 26
2060 Antwerpen
Active since 29 May 2024
Breydelstraat 30
2018 Antwerpen
Active since 29 May 2024
Schuttershofstraat 55
2000 Antwerpen
Active since 29 May 2024
Frankrijklei 19
2000 Antwerpen
Active since 29 May 2024
Cellebroedersstraat 20
2000 Antwerpen
Active since 29 May 2024
Schuttershofstraat 5
2000 Antwerpen
Active since 29 May 2024
Meir 6
2000 Antwerpen
Active since 29 May 2024
Schuttershofstraat 1
2000 Antwerpen
Active since 29 May 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Agrer
€ 7.1 million revenue · 2025
SETESCO Structural Engineers
€ 498,372 gross margin · 2025
Société de Transactions Immobilières et de Constructions
€ 2.3 million revenue · 2025
Comentri
€ 16,789 gross margin · 2025
SOMIBA
€ 463,349 gross margin · 2025
+3 more
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