Summary
T & D SMART is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.43M and a net result of €32k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 62% of 5527 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
21 d early
2023
25 d early
2022
24 d early
2021
8 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.43M▲ 2.3%
2024 · €1.40M
2018: €1.25M
2019: €1.34M
2020: €1.43M
2021: €1.52M
2022: €1.31M
2023: €1.40M
2024: €1.40M
2018 → 2025
Net result
€32k▲ 832%
2024 · €3k
2018: €82k
2019: €98k
2020: €82k
2021: €91k
2022: €42k
2023: €97k
2024: €3k
2018 → 2025
Total assets
€2.21M▼ 0.2%
2024 · €2.22M
2018: €1.56M
2019: €1.61M
2020: €2.45M
2021: €2.49M
2022: €2.36M
2023: €2.30M
2024: €2.22M
2018 → 2025
Solvency
64.8%▲ 1.6pp
2024 · 63.3%
2018: 80.1%
2019: 83.3%
2020: 58.3%
2021: 60.9%
2022: 55.6%
2023: 61.0%
2024: 63.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.52M-€1.31M▼ 13.7%€1.40M▲ 6.9%€1.40M▲ 0.2%€1.43M▲ 2.3%
Operating result€146k-€86k▼ 41.0%€143k▲ 65.6%€24k▼ 83.5%€68k▲ 187%
Net result€91k-€42k▼ 53.6%€97k▲ 129%€3k▼ 96.5%€32k▲ 832%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 187% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.21M
Fixed assets
€1.99M ▼ 1.5%
Current assets
€218k ▲ 13.0%
Equity and liabilities €2.21M
Equity
€1.43M ▲ 2.3%
Debt
€778k ▼ 4.6%
Debt's share of the balance-sheet total falls from 36.7% to 35.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.2%▲
2024 · 0.2%
ROA
1.4%▲
2024 · 0.2%
Debt ≤ 1 year
€163k▲
2024 · €138k
Debt > 1 year
€608k▼
2024 · €668k
Income taxes
€10k▲
2024 · €2k
Staff costs
€223k▼
2024 · €267k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.22M€2.21M▼
Fixed assets21/28€2.02M€1.99M▼
Tangible fixed assets22/27€822k€791k▼
Land and buildings22€6k€9k▲
Plant, machinery and equipment23€18k€17k▼
Other tangible fixed assets26€797k€765k▼
Financial fixed assets28€1.20M€1.20M=
Current assets29/58€193k€218k▲
Amounts receivable within one year40/41€168k€201k▲
Trade receivables40€148k€201k▲
Other amounts receivable41€20k-
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.21M▼
Equity10/15€1.40M€1.43M▲
Contributions10/11€63k€63k=
Reserves13€1.33M€1.36M▲
Tax-exempt reserves132€115k€115k=
Distributable reserves133€1.22M€1.25M▲
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€815k€778k▼
Amounts payable after more than one year17€668k€608k▼
Financial debts170/4€576k€527k▼
Other amounts payable178/9€92k€81k▼
Amounts payable within one year42/48€138k€163k▲
Current portion of amounts payable after more than one year42€52k€53k▲
Trade debts44€40k€26k▼
Suppliers440/4€40k€26k▼
Taxes, remuneration and social security45€46k€84k▲
Taxes450/3€9k€48k▲
Remuneration and social security454/9€37k€36k▼
Accrued charges and deferred income492/3€8k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€267k€223k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€329k€330k▲
Operating profit (loss)9901€24k€68k▲
Financial income75/76B€724€26▼
Recurring financial income75€724€26▼
Financial charges65/66B€18k€26k▲
Recurring financial charges65€18k€26k▲
Profit (loss) for the period before taxes9903€6k€42k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€3k€32k▲
Profit (loss) for the period to be appropriated9905€3k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€40k▲
Profit (loss) brought forward from the previous period14P€5k€8k▲
Transfer to equity691/2-€32k
To other reserves6921-€32k
Social balance
Average headcount (FTE)90875.33.9▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €3k ▼96.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €98k ▲19.5%
Operating result €150k, net result €98k, both a record.
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sasboslaan(Bel) 208510 KortrijkGround area
1.0 ha
Building footprint
327 m²
Volume, LiDAR
1,784 m³
Parcel 34005B0213/00V004, Flanders · tallest building 17.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
T&D Smart
since 20072.161.771.296
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005B0213/00V004 | Flanders | 1.0 ha | 1 · 327 m² | 17.2 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Goodlife & Company
BE 0637.947.917
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SONI
BE 0749.555.919
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LEIEKANT
BE 0450.495.615
Gent · Eq €1,435,574
VAJA
BE 0861.834.508
Ternat · Eq €1,433,805
REVOLVE
BE 0889.378.350
Mechelen · Eq €1,435,720
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 11,873 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2007
Fiscal year end30-09
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.