Active BE 0730.786.518Private limited companyOpen bankruptcy

SMART ASSE-IT SOLUTIONS

· 7 yrs active

Sector: Computer consultancy and computer facilities management (62200)

Conclusion Checked

A bankruptcy procedure is open for SMART ASSE-IT SOLUTIONS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €29k and a net result of €6k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€29k
Net result	€6k
Better than sector	31%
Active	7 yrs

Financial profile 5 of 5 axes measured · computed by Checked

45 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 18

Profitability 88

Solvency 85

Growth 35

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

53 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags1 events

Address struck

Checked score FY 2023 · computed

18 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

No credit

open bankruptcy

Score history

70 2022

78 2023

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.80 (≥ 1.5) +10

Quick ratio Quick ratio 1.80 (≥ 1.0) +5

Leverage Debt/equity 1.24 (< 2.0) +3

Profitability ROE 20% (≥ 10%) +10

Profit trend Net profit down YoY -3

Equity growth Equity growing YoY +3

Bankruptcy Open bankruptcy -60

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 29-08-2024 with the NBB · fiscal year 2023 · micro schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2023 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	44.6%	61.2%	better than 31% of 5823 sector peers
Net result	€6k	€27k	better than 23% of 5819 sector peers
Equity	€29k	€48k	better than 35% of 5826 sector peers
Gross operating margin	€12k	€45k	better than 20% of 5815 sector peers
Total assets	€66k	€89k	better than 36% of 5824 sector peers

Revenue

€54k

-48.1% 22-23

Net profit

€6k

-61.0% 22-23

Total assets

€66k

-15.9% 22-23

Equity

€29k

+24.2% 22-23

Working capital

€29k

+24.2% 22-23

Staff costs

€205

- 22-23

Income taxes

€6k

+211.5% 22-23

Debt

€36k

-33.2% 22-23

Debt ≤ 1y

€36k

-33.2% 22-23

Current ratio

1.80

+26.0% 22-23

Quick ratio

1.80

+26.0% 22-23

Solvency

44.6%

+47.7% 22-23

Debt / equity

1.24

-46.3% 22-23

ROE

19.5%

-68.6% 22-23

ROA

8.7%

-53.6% 22-23

Net margin

10.6%

-24.8% 22-23

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2023	2022
Deposit	micro schema	micro schema
Revenue	€54k	€104k
EBITDA	-	-
Net profit	€6k	€15k
Cash flow	-	-
Staff costs	-	€205
Income taxes	€6k	€2k
Dividends	-	-
Total assets	€66k	€78k
Equity	€29k	€24k
Debt	€36k	€55k
of which ≤ 1y	€36k	€55k
of which > 1y	-	-
Working capital	€29k	€24k
Employees (FTE)	-	-

Ratios (computed)

	2023	2022
Current ratio	1.80	1.43
Quick ratio	1.80	1.43
Working capital ratio	44.6%	30.2%
Solvency	44.6%	30.2%
Debt / equity	1.24	2.31
Long-term debt ratio	-	-
Interest coverage	-	-
Gross margin	21.7%	16.1%
Net margin	10.6%	14.1%
ROA	8.7%	18.8%
ROE	19.5%	62.1%
EBITDA margin	-	-
Days sales outstanding	405d	257d
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2023

Equity & liabilities

Equity €29k · 44.6% Debt €36k · 55.4%

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€66k	€78k
Current assets	29/58	€66k	€78k
Amounts receivable within one year	40/41	€60k	€73k
Cash & bank	54/58	€6k	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€66k	€78k
Equity	10/15	€29k	€24k
Contributions / capital	10/11	€500	€500
Reserves	13	€1k	€1k
Accumulated profits (losses)	14	€28k	€22k
Amounts payable	17/49	€36k	€55k
Amounts payable within one year	42/48	€36k	€55k
Income statement
Turnover	70	€54k	€104k
Gross operating margin	9900	€12k	€17k
Operating result	9901	€12k	€17k
Result before taxes	9903	€12k	€17k
Income taxes	67/77	€6k	€2k
Net result for the period	9904	€6k	€15k
Result to be appropriated	9905	€6k	€15k

Directors & mandates2 persons

Role	Name	Tenure
Curator	ALAIN G. VANDAMME BOULEVARD BRAND WHIT- LOCK 106, 1200 WOLUWE-SAINT-LAMBERT- alain.vandamme@law- vovan.be	12-05-2025 → present
Curator	SOPHIE VANHOMWEGEN DREVE DES RENARDS 8/7, 1180 UCCLE	29-06-2023 → present

Legal Structure

NACE primary	Computer consultancy and computer facilities management(62200)
Legal form	Private limited company(610)
Incorporation	17-07-2019
Status	Active
Postal code	-
First insolvency signal	07-07-2023
Latest insolvency signal	16-05-2025

Establishment units 1 location

SMART ASSE-IT SOLUTIONS

Computer programming, consultancy and related activities

since 20192.299.135.867

Real-estate footprint Source: CBE × cadastre

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21614E0126/00A002	Brussels	1,616 m²	1 · 1,089 m²	12.7 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 8 events

All 7Signals 4Filings 3

2025

16-05

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL SMART ASSE-IT SOLUTIONS CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · event 12-05-2025

07-01

KBO administration Address struck

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

20-09

Bankruptcy Bankruptcy reversal

Tribunal de l’entreprise francophone de Bruxelles · SMART ASSE-IT SOLUTIONS SRL CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE. déclarée le 29 juin 2023 · event 11-09-2023

07-07

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SMART ASSE-IT SOLUTIONS SRL CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · event 29-06-2023

01-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

05-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 36 days late

SignalNBB filing

Lifecycle & Insolvency Signals4 events

16-05-2025

Bankruptcy Opening

Date: 12-05-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL SMART ASSE-IT SOLUTIONS CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 3 further earlier events in this file, covering 29-06-2023 to 12-05-2025.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

No credit: a bankruptcy procedure is open.

Company registry (CBE) Crossroads Bank

Activities

IT consultancy62020Computer consultancy and computer facilities management62200

Names & trade names

Legal nameFR

SMART ASSE-IT SOLUTIONS

Registration history

07-01-2025 Address struck

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