ACTIVE

SMARTLOG

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Financial year 2025 · closed on 31/12/2025
Net result
61,6 k €
-38.9% YoY
Gross margin
91,8 k €
-30.3% YoY
Equity
807,1 k €
+8.3% YoY
Workforce
0,0 ETP

What does SMARTLOG do?

SMARTLOG is a Public limited company incorporated in 2013. Its main activity is: Computer programming activities. Its registered office is in Bilzen-Hoeselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0543.520.001
Incorporation
21/12/2013
Legal form
Public limited company
Registered office
Kieleberg 1
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
1 150 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin91,8 k €131,7 k €273,4 k €302,9 k €306,3 k €192,7 k €82,1 k €187,2 k €360,6 k €252 k €26,7 k €
EBITDA90,2 k €130,3 k €271,3 k €294,3 k €299,4 k €103,9 k €-31 k €20,4 k €31,1 k €53,8 k €-81,5 k €
Operating result62,2 k €101,3 k €188,7 k €210,4 k €183,6 k €-6,7 k €-138,8 k €-246,5 k €-339,4 k €-90,6 k €-197,1 k €
Net result61,6 k €100,7 k €183,1 k €208 k €180,7 k €-11,3 k €-145,9 k €-254,6 k €-354,1 k €-101,9 k €-209,1 k €
Balance sheet
Equity807,1 k €745,5 k €644,8 k €461,7 k €253,7 k €73,1 k €84,4 k €-719,7 k €-465,1 k €-111 k €-9,1 k €
Total assets904,1 k €769,6 k €714,2 k €763,8 k €725 k €583,8 k €548,9 k €653 k €1 M €711 k €489,5 k €
Cash685,1 k €569,9 k €399,4 k €334,4 k €108,3 k €10,9 k €3,4 k €1,2 k €38,4 k €3,7 k €3,6 k €
Debts97 k €24 k €69,4 k €302,1 k €471,3 k €509,7 k €464,5 k €1,4 M €1,5 M €822 k €498,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP–1,0 ETP1,0 ETP2,1 ETP2,5 ETP3,1 ETP1,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Joro - Invest

Managing director · since 01 octobre 2024 · until 01 octobre 2030 · 0465.250.897

Represented by Jo Nelissen

Active
Rosaline Wijnen

Director · since 01 octobre 2024 · until 01 octobre 2030

Active

Ended mandates

Jo Nelissen

Director · since 02 juillet 2019 · until 02 juillet 2024

Ended
Jo Nelissen

Director · since 02 juillet 2019 · until 31 juillet 2024

Ended
Jo Nelissen

Director · since 02 juillet 2019 · until 02 juillet 2025

Ended
Joro - Invest

Managing director · since 02 juillet 2019 · until 31 juillet 2024 · 0465.250.897

Represented by Nelissen JO

Ended
At this address

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0458.405.865
I-PLACE● Active
0835.360.634
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202612/08/202527/08/202420/07/202329/08/202227/08/2021
General meeting05/06/202630/06/202531/07/202430/06/202330/07/202230/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202625/06/2026DutchPDF
Abridged model31/12/202430/06/202512/08/2025DutchPDF
Abridged model31/12/202331/07/202427/08/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202130/07/202229/08/2022DutchPDF
Abridged model31/12/202030/07/202127/08/2021DutchPDF
Abridged model31/12/201908/09/202028/10/2020DutchPDF
Abridged model31/12/201807/06/201929/07/2019DutchPDF
Abridged model31/12/201701/06/201803/07/2018DutchPDF
Abridged model30/06/201603/12/201623/12/2016DutchPDF
Abridged model30/06/201503/12/201523/12/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 2 active · 19 ended

Active mandates

Joro - Invest

Managing director · since 01 octobre 2024 · until 01 octobre 2030 · 0465.250.897

Represented by Jo Nelissen

Active
Rosaline Wijnen

Director · since 01 octobre 2024 · until 01 octobre 2030

Active

Ended mandates

Jo Nelissen

Director · since 02 juillet 2019 · until 02 juillet 2024

Ended
Jo Nelissen

Director · since 02 juillet 2019 · until 31 juillet 2024

Ended
Jo Nelissen

Director · since 02 juillet 2019 · until 02 juillet 2025

Ended
Joro - Invest

Managing director · since 02 juillet 2019 · until 31 juillet 2024 · 0465.250.897

Represented by Nelissen JO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/12/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other27/12/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202561,6 k €↓
  2. 2024
    Annual accounts 2024100,7 k €↓
  3. 2023
    Annual accounts 2023183,1 k €↓
  4. 2022
    Annual accounts 2022208 k €↑
  5. 2021
    Annual accounts 2021180,7 k €↑
  6. 2020
    Annual accounts 2020-11,3 k €↑
  7. 2019
    Annual accounts 2019-145,9 k €↑
  8. 2018
    Annual accounts 2018-254,6 k €↑
  9. 2017
    Annual accounts 2017-354,1 k €↓
  10. 2016
    Annual accounts 2016-101,9 k €↑
  11. 2015
    Annual accounts 2015-209,1 k €
  12. 21/12/2013
    IncorporationPublic limited company