NORMAL SITUATION

SmartApps

Financial year 2025 · closed on 31/12/2025
Net result
-53,2 k €
+94.4% YoY
Gross margin
-12 k €
-107.0% YoY
Equity
673,9 k €
-7.3% YoY

Company — Normal situation.

What does SmartApps do?

SmartApps is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0675.819.289
Legal form
Public limited company
Contributed capital
652 000,00 €
Latest accounts
31/12/2025
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-12 k €171,5 k €28,3 k €-21 k €-29,6 k €2,3 k €
EBITDA-14,2 k €170 k €-724,1 k €-29,9 k €-31,3 k €-4,5 k €-6,2 k €-13,5 k €
Operating result-14,2 k €169,8 k €-724,3 k €-30,1 k €-31,5 k €-4,7 k €-6,2 k €-15 k €
Net result-53,2 k €-941,7 k €-796,9 k €-111,5 k €1,3 M €-56,5 k €504,8 k €170,9 k €
Balance sheet
Equity673,9 k €727,1 k €1,7 M €2,5 M €2,6 M €1,3 M €1,3 M €232,9 k €
Total assets673,9 k €2,4 M €3,3 M €3,4 M €3,6 M €3,7 M €3,3 M €2,5 M €
Cash2,3 k €4 k €5 k €5 k €10 k €10,3 k €121,2 k €34,2 k €
Debts1,7 M €1,6 M €918,9 k €1 M €2,4 M €2 M €2,3 M €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

De Cronos Groep

Director · since 16 mai 2023 · until 31 décembre 2025 · 0467.132.994

Represented by Dirk Deroost

Active

Ended mandates

De Cronos Groep

Director · since 16 mai 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 14 octobre 2019 · until 17 février 2022

Ended
Josephus de Wit

Director · since 14 octobre 2019 · until 17 mai 2022

Ended
De Cronos Groep

Director · since 18 mai 2017 · until 17 mai 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
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 date05/01/202607/07/202511/07/202403/08/202303/08/202205/07/2021
General meeting31/12/202520/05/202521/05/202416/05/202317/05/202218/05/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/12/202505/01/2026DutchPDF
Abridged model31/12/202420/05/202507/07/2025DutchPDF
Abridged model31/12/202321/05/202411/07/2024DutchPDF
Abridged model31/12/202216/05/202303/08/2023DutchPDF
Abridged model31/12/202117/05/202203/08/2022DutchPDF
Abridged model31/12/202018/05/202105/07/2021DutchPDF
Full model31/12/201919/05/202013/07/2020DutchPDF
Full model31/12/201821/05/201921/06/2019DutchPDF
Estimate

Indicative valuation

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 · 1 active · 10 ended

Active mandates

De Cronos Groep

Director · since 16 mai 2023 · until 31 décembre 2025 · 0467.132.994

Represented by Dirk Deroost

Active

Ended mandates

De Cronos Groep

Director · since 16 mai 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 14 octobre 2019 · until 17 février 2022

Ended
Josephus de Wit

Director · since 14 octobre 2019 · until 17 mai 2022

Ended
De Cronos Groep

Director · since 18 mai 2017 · until 17 mai 2022 · 0467.132.994

Represented by Dirk Deroost

Ended
Shareholders

Ownership and network

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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 2025-53,2 k €
  2. 2024
    Annual accounts 2024-941,7 k €
  3. 2023
    Annual accounts 2023-796,9 k €
  4. 2022
    Annual accounts 2022-111,5 k €
  5. 2021
    Annual accounts 20211,3 M €
  6. 2020
    Annual accounts 2020-56,5 k €
  7. 2019
    Annual accounts 2019504,8 k €
  8. 2018
    Annual accounts 2018170,9 k €