ACTIVE

Smartfin Capital III

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Financial year 2025 · Closed on 31/12/2025

Net result-1,9 M €-102,6 %over 1 year
Gross margin-1,9 M €-68,3 %over 1 year
Equity61,7 M €+65,1 %over 1 year

Identity

Source · BCE/KBO

Smartfin Capital III is a Limited partnership incorporated in 2023. Its main activity is: Activities of holding companies. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0800.554.064
Incorporation
07/04/2023
Legal form
Limited partnership
Registered office
Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map
Contributed capital
65 000 000,00 €
Latest accounts
31/12/2025
Contacts
3 public details availableLog in to view
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin-1,9 M €-1,1 M €-423,6 k €
EBITDA-1,9 M €-1,1 M €-423,6 k €
Operating result-2 M €-1,2 M €-436,6 k €
Net result-1,9 M €-949,7 k €-429,6 k €
Balance sheet
Equity61,7 M €37,4 M €26 M €
Total assets71,4 M €37,7 M €26,1 M €
Cash10,8 M €58,4 k €124,3 k €
Debts9,7 M €345,9 k €143 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

SMARTFIN MANAGEMENT

Director · since 07 avril 2023 · 0737.561.076

Represented by Bart Luyten

Active

Ended mandates

SMARTFIN MANAGEMENT

Manager · 0737.561.076

Represented by Bart Luyten

Ended
SMARTFIN MANAGEMENT

Manager · 0737.561.076

Represented by Bart Luyten

Ended

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Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202407/04/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months9 months
Filing date03/06/202618/06/202519/06/2024
General meeting27/05/202628/05/202529/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/05/202603/06/2026DutchPDF
Micro model31/12/202428/05/202518/06/2025DutchPDF
Micro model31/12/202329/05/202419/06/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

SMARTFIN MANAGEMENT

Director · since 07 avril 2023 · 0737.561.076

Represented by Bart Luyten

Active

Ended mandates

SMARTFIN MANAGEMENT

Manager · 0737.561.076

Represented by Bart Luyten

Ended
SMARTFIN MANAGEMENT

Manager · 0737.561.076

Represented by Bart Luyten

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other11/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other07/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other12/04/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025-1,9 M €↓
  2. 2024
    Annual accounts 2024-949,7 k €↓
  3. 2024
    Name changeSmartfin Capital III - Private Privak naar Belgisch recht
  4. 2023
    Annual accounts 2023-429,6 k €
  5. 07/04/2023
    IncorporationLimited partnership
  6. 2023
    Name changeSmartfin Capital III