ACTIVE

SMART GRID FRIENDLY

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Financial year 2025 · closed on 31/12/2025

Net result

-6,9 k €

-756.8% YoY

Gross margin

-2,7 k €

-122.0% YoY

Equity

34,7 k €

-16.6% YoY

What does SMART GRID FRIENDLY do?

SMART GRID FRIENDLY is a Private limited company incorporated in 1986. Its main activity is: Electrical installation. Its registered office is in Frameries.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.876.284

Incorporation

28/11/1986

Legal form

Private limited company

Registered office

Av.du Parc d'Avent.Scientifiques 15
7080 Frameries · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (3)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-2,7 k €	-122%	12,1 k €	-88.8%	107,9 k €	-12.9%	123,8 k €	-43.6%	219,6 k €	+27.4%	172,4 k €	-15.1%	203,1 k €	+39.3%	145,8 k €	-19.0%	180,1 k €	-11.0%	202,5 k €	+28.3%	157,8 k €	-3.0%	162,7 k €	-7.8%	176,4 k €	-28.7%	247,4 k €	+7.0%	231,2 k €	-2.6%	237,4 k €	-2.3%	243,1 k €	+27.9%	190,1 k €	+9.3%	173,9 k €	-0.8%	175,2 k €
EBITDA	-6,6 k €	-316%	3,1 k €	-97.2%	110,7 k €	+3251%	-3,5 k €	-366%	1,3 k €	+107%	-19,7 k €	-395%	6,7 k €	-46.8%	12,5 k €	-34.0%	19 k €	+77.0%	10,7 k €	+92.2%	5,6 k €	+239%	1,6 k €	-83.3%	9,9 k €	-70.2%	33,2 k €	+46.5%	22,7 k €	+53.1%	14,8 k €	-36.8%	23,4 k €	+411%	-7,5 k €	-169%	11 k €	-15.9%	13,1 k €
Operating result	-5,4 k €	-275%	3,1 k €	-97.2%	110,7 k €	+3108%	-3,7 k €	-419%	1,2 k €	+106%	-17,8 k €	-667%	3,1 k €	-77.3%	13,8 k €	+41.7%	9,8 k €	+181%	3,5 k €	+372%	737,5 €	-85.4%	5,1 k €	+139%	2,1 k €	-86.0%	15,1 k €	+90.3%	7,9 k €	+40.7%	5,6 k €	-58.8%	13,6 k €	+197%	-14,1 k €	-516%	3,4 k €	-78.5%	15,8 k €
Net result	-6,9 k €	-757%	1,1 k €	-98.7%	82,4 k €	+1560%	-5,6 k €	-220%	-1,8 k €	+91.0%	-19,6 k €	-4354%	460,8 €	-95.5%	10,3 k €	+13.2%	9,1 k €	+534%	1,4 k €	+237%	-1,1 k €	-200%	1,1 k €	+163%	-1,7 k €	-117%	9,7 k €	+275%	2,6 k €	+300%	646,3 €	-94.6%	11,9 k €	+173%	-16,3 k €	-2303%	739,3 €	-93.6%	11,5 k €
Balance sheet
Equity	34,7 k €	-16.6%	41,6 k €	+2.6%	40,6 k €	+6.2%	38,2 k €	-12.9%	43,8 k €	-3.9%	45,6 k €	-30.1%	65,2 k €	+0.7%	64,7 k €	+18.9%	54,4 k €	+20.1%	45,3 k €	+3.3%	43,9 k €	-2.3%	44,9 k €	+2.4%	43,9 k €	-3.7%	45,6 k €	+27.0%	35,9 k €	+7.8%	33,3 k €	+2.0%	32,7 k €	+57.5%	20,7 k €	-44.0%	37 k €	+2.0%	36,3 k €
Total assets	213,3 k €	+48.9%	143,2 k €	-44.9%	260 k €	+106%	126,3 k €	+34.4%	94 k €	-18.7%	115,5 k €	-8.7%	126,5 k €	+6.4%	119 k €	+13.4%	104,9 k €	-16.0%	124,8 k €	+11.3%	112,1 k €	-2.3%	114,8 k €	+0.1%	114,7 k €	-8.6%	125,6 k €	-9.0%	137,9 k €	-8.6%	151 k €	+6.0%	142,4 k €	+8.6%	131,2 k €	-13.5%	151,6 k €	-13.0%	174,3 k €
Cash	–		4,7 k €	-81.6%	25,4 k €		–		1,9 k €	-67.6%	5,9 k €		–		57,6 k €	+11.2%	51,8 k €	-31.5%	75,7 k €	+133%	32,5 k €	-10.8%	36,4 k €	+18.9%	30,6 k €	-32.1%	45,1 k €	+50.6%	29,9 k €	-20.0%	37,4 k €	-23.7%	49,1 k €	+2728%	1,7 k €	-96.5%	49 k €	-4.5%	51,4 k €
Debts	178,6 k €	+75.8%	101,6 k €	-53.7%	219,4 k €	+150%	87,8 k €	+75.3%	50,1 k €	-28.3%	69,9 k €	+13.9%	61,3 k €	+22.2%	50,2 k €	+8.2%	46,4 k €	-37.1%	73,7 k €	+15.0%	64,1 k €	+18.7%	54 k €	-16.2%	64,4 k €	-3.9%	67 k €	-21.4%	85,2 k €	-20.2%	106,8 k €	+8.2%	98,6 k €	-4.3%	103,1 k €	-2.7%	105,9 k €	-10.1%	117,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		4,7 ETP	0.0%	4,7 ETP	0.0%	4,7 ETP	-13.0%	5,4 ETP	-5.3%	5,7 ETP	0.0%	5,7 ETP	0.0%	5,7 ETP	-5.0%	6,0 ETP	+13.2%	5,3 ETP	+10.4%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

D-Carré

Director · since 20 juin 2023 · 0651.789.025

Active

Frédéric DELLIS

Director · since 20 juin 2023

Active

OUTDOOR AND STYLE

Director · since 20 juin 2023 · 0696.634.303

Active

Ended mandates

Frédéric DELLIS

Director · since 16 avril 2019

Ended

Alain Urbain

Manager · since 20 décembre 1986

Ended

Alain URBAIN

Director · since 20 décembre 1986 · until 28 juin 2019

Ended

Alain URBAIN

Manager · since 20 décembre 1986 · until 28 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
ELECTRICITE LAMBERT● Active	0435.712.914
ODS UNIT● Active	0715.796.157
OUTDOOR AND STYLE● Active	0696.634.303

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2026	09/07/2025	29/05/2024	07/07/2023	09/08/2022	23/06/2021
General meeting	04/05/2026	19/04/2025	12/04/2024	15/04/2023	15/04/2022	17/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	21/05/2026	French	PDF
Abridged model	31/12/2024	19/04/2025	09/07/2025	French	PDF
Abridged model	31/12/2023	12/04/2024	29/05/2024	French	PDF
Micro model	31/12/2022	15/04/2023	07/07/2023	French	PDF
Micro model	31/12/2021	15/04/2022	09/08/2022	French	PDF
Micro model	31/12/2020	17/04/2021	23/06/2021	French	PDF
Micro model	31/12/2019	18/04/2020	17/07/2020	French	PDF
Micro model	31/12/2018	20/04/2019	13/05/2019	French	PDF
Micro model	31/12/2017	21/04/2018	13/06/2018	French	PDF
Micro model	31/12/2016	15/05/2017	14/06/2017	French	PDF
Abridged model	31/12/2015	16/04/2016	27/06/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	16/07/2015	French	PDF
Abridged model	31/12/2013	31/05/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	23/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	16/04/2011	03/06/2011	French	PDF
Abridged model	31/12/2009	17/04/2010	22/04/2010	French	PDF
Abridged model	31/12/2008	30/10/2009	30/11/2009	French	PDF
Abridged model	31/12/2007	15/11/2008	28/11/2008	French	PDF
Abridged model	31/12/2006	14/04/2007	28/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

D-Carré

Director · since 20 juin 2023 · 0651.789.025

Active

Frédéric DELLIS

Director · since 20 juin 2023

Active

OUTDOOR AND STYLE

Director · since 20 juin 2023 · 0696.634.303

Active

Ended mandates

Frédéric DELLIS

Director · since 16 avril 2019

Ended

Alain Urbain

Manager · since 20 décembre 1986

Ended

Alain URBAIN

Director · since 20 décembre 1986 · until 28 juin 2019

Ended

Alain URBAIN

Manager · since 20 décembre 1986 · until 28 juin 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/10/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates26/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office25/09/2019
SIEGE SOCIAL
PDF
Mandates09/05/2019
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares28/07/2004
CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-6,9 k €↓
2024
Annual accounts 20241,1 k €↓
2024
Name changeSMART GRID FRIENDLY
2023
Annual accounts 202382,4 k €↑
2023
Name changeSOCIETE DE TRAVAUX ELECTRIQUES
2022
Annual accounts 2022-5,6 k €↓
2021
Annual accounts 2021-1,8 k €↑
2021
Name changeSTE - SOCIÉTÉ DE TRAVAUX ÉLECTRIQUES
2020
Annual accounts 2020-19,6 k €↓
2019
Annual accounts 2019460,8 €↓
2018
Annual accounts 201810,3 k €↑
2017
Annual accounts 20179,1 k €↑
2016
Annual accounts 20161,4 k €↑
2015
Annual accounts 2015-1,1 k €↓
2014
Annual accounts 20141,1 k €↑
2013
Annual accounts 2013-1,7 k €↓
2012
Annual accounts 20129,7 k €↑
2011
Annual accounts 20112,6 k €↑
2010
Annual accounts 2010646,3 €↓
2009
Annual accounts 200911,9 k €↑
2008
Annual accounts 2008-16,3 k €↓
2007
Annual accounts 2007739,3 €↓
2006
Annual accounts 200611,5 k €
28/11/1986
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SMART GRID FRIENDLY

Overview

What does SMART GRID FRIENDLY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline