OPENING OF BANKRUPTCY

SMARTFLATS

Financial year 2024 · closed on 31/12/2024
Net result
-7,9 M €
-3748.6% YoY
Revenue
11 M €
-26.4% YoY
Equity
260,5 k €
-91.7% YoY
Workforce
23,0 ETP
+15.0% YoY

Company — Opening of bankruptcy.

What does SMARTFLATS do?

SMARTFLATS is a Public limited company incorporated in 2012. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Ixelles. It employs on average 23,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0849.650.615
Incorporation
16/10/2012
Legal form
Public limited company
Registered office
Avenue Louise 251
1050 Ixelles · BruxellesSee on map
Contributed capital
10 168 105,00 €
Latest accounts
31/12/2024
Average workforce
23,0 ETP
Joint committees (2)
  • 302
  • 323
Signals
High revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212020201920182017201620152014
Income statement
Revenue11 M €14,9 M €11,1 M €1,4 M €
EBITDA-5,4 M €447,9 k €1,2 M €-1,1 M €23 k €583,8 k €236,1 k €290,4 k €-277,8 k €151,5 k €11,6 k €
Operating result-6,5 M €-14,4 k €753,5 k €-1,5 M €-257,2 k €289,2 k €-51,5 k €90 k €-396,2 k €77,9 k €-15,1 k €
Net result-7,9 M €-204,4 k €591,7 k €-1,7 M €-317,8 k €176,2 k €-160,1 k €-26,2 k €-394,5 k €52,7 k €-26 k €
Balance sheet
Equity260,5 k €3,1 M €3,3 M €939,5 k €237,3 k €539 k €47,3 k €37,9 k €-235,9 k €116,7 k €909,4 €
Total assets12,9 M €7,2 M €6,8 M €7,3 M €2,2 M €2,3 M €2,2 M €2,2 M €1,5 M €816,2 k €269,4 k €
Cash54,5 k €650 k €879,7 k €344 k €37,3 k €125,3 k €88,8 k €73,1 k €53,2 k €30,1 k €50 €
Debts12,5 M €4 M €3,2 M €5,8 M €1,8 M €1,2 M €1,5 M €1,7 M €1,5 M €699,5 k €265,2 k €
Other
Workforce23,0 ETP20,0 ETP15,2 ETP13,4 ETP12,0 ETP12,1 ETP15,4 ETP11,4 ETP7,7 ETP6,1 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 34 ended

Active mandates

Alexandre Szmaj Investment

Mandate · 0832.048.479

Represented by Alexandre Szmaj

Active
AXIAL INVEST

Mandate · 0440.532.131

Represented by Frederic Dawans

Active
EAGLESTONE

Mandate · 0830.621.292

Represented by Nicolas Orts

Active
NICDO

Mandate · 0473.107.008

Represented by Alexander Dochy

Active
Stélina Invest

Mandate · 0739.524.931

Represented by Stéphane Verbeeck

Active
Steven Verrept

Mandate

Active
THECLUBDEAL FUND II

Mandate · 0768.875.448

Represented by Jean-Marc Legrand

Active

Ended mandates

EAGLESTONE

Director · since 22 mars 2022 · until 01 juillet 2025 · 0830.621.292

Represented by Nicolas Orts

Ended
EAGLESTONE

Director · since 22 mars 2022 · until 01 juillet 2025 · 0830.621.292

Represented by NICOLAS ORTS

Ended
Alexandre Szmaj Investment

Director · since 30 juin 2021 · until 01 juillet 2025 · 0832.048.479

Represented by Alexandre Szmaj

Ended
Alexandre Szmaj Investment

Director · since 30 juin 2021 · until 01 juillet 2025 · 0832.048.479

Represented by ALEXANDRE SZMAJ

Ended
At this address

Other companies at this address

CompanyCBE no.
0799.774.205
AAC-SNCActive
0844.390.047
ACTION EUROPEActive
0644.409.404
0795.278.749
AGRECOActive
0446.816.741
AgrerActive
0400.501.419
AIRWINDSSActive
0766.567.838
Alexandre Szmaj InvestmentJudicial reorganisation
0832.048.479
All FinancesActive
0447.483.764
ALTERNATIVEActive
0899.280.466
ALT INVESTActive
0752.740.883
1010.597.864
AMG TRANSPORTBankrupt
0688.942.696
0686.777.222
AMY INVESTActive
0794.550.952
ANTWERP SRActive
0682.639.181
0841.140.646
AREKActive
0703.875.451
ARTDEAActive
1003.394.031
AS LeisureActive
0786.486.886
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/10/202001/10/201901/10/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months15 months12 months12 months
Filing date12/08/202527/08/202413/06/202306/01/202331/05/202117/04/2020
General meeting31/07/202513/06/202408/06/202314/12/202211/03/202112/03/2020
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
Full model31/12/202431/07/202512/08/2025DutchPDF
Full model31/12/202313/06/202427/08/2024FrenchPDF
Full model31/12/202208/06/202313/06/2023FrenchPDF
Abridged model31/12/202114/12/202206/01/2023FrenchPDF
Abridged model30/09/202011/03/202131/05/2021FrenchPDF
Abridged model30/09/201912/03/202017/04/2020FrenchPDF
Abridged model30/09/201829/04/201930/04/2019FrenchPDF
Abridged model30/09/201730/03/201827/04/2018FrenchPDF
Abridged model30/09/201606/03/201709/03/2017FrenchPDF
Abridged model30/09/201514/01/201622/01/2016FrenchPDF
Abridged model30/09/201413/03/201513/03/2015FrenchPDF
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 31/12/2024 · 7 active · 34 ended

Active mandates

Alexandre Szmaj Investment

Mandate · 0832.048.479

Represented by Alexandre Szmaj

Active
AXIAL INVEST

Mandate · 0440.532.131

Represented by Frederic Dawans

Active
EAGLESTONE

Mandate · 0830.621.292

Represented by Nicolas Orts

Active
NICDO

Mandate · 0473.107.008

Represented by Alexander Dochy

Active
Stélina Invest

Mandate · 0739.524.931

Represented by Stéphane Verbeeck

Active
Steven Verrept

Mandate

Active
THECLUBDEAL FUND II

Mandate · 0768.875.448

Represented by Jean-Marc Legrand

Active

Ended mandates

EAGLESTONE

Director · since 22 mars 2022 · until 01 juillet 2025 · 0830.621.292

Represented by Nicolas Orts

Ended
EAGLESTONE

Director · since 22 mars 2022 · until 01 juillet 2025 · 0830.621.292

Represented by NICOLAS ORTS

Ended
Alexandre Szmaj Investment

Director · since 30 juin 2021 · until 01 juillet 2025 · 0832.048.479

Represented by Alexandre Szmaj

Ended
Alexandre Szmaj Investment

Director · since 30 juin 2021 · until 01 juillet 2025 · 0832.048.479

Represented by ALEXANDRE SZMAJ

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/09/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office24/08/2023
    SIEGE SOCIAL
    PDF
  • Mandates29/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares16/03/2022
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares27/10/2021
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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. 2024
    Annual accounts 2024-7,9 M €
  2. 2023
    Annual accounts 2023-204,4 k €
  3. 2022
    Annual accounts 2022591,7 k €
  4. 2021
    Annual accounts 2021-1,7 M €
  5. 2020
    Annual accounts 2020-317,8 k €
  6. 2019
    Annual accounts 2019176,2 k €
  7. 2018
    Annual accounts 2018-160,1 k €
  8. 2017
    Annual accounts 2017-26,2 k €
  9. 2016
    Annual accounts 2016-394,5 k €
  10. 2015
    Annual accounts 201552,7 k €
  11. 2014
    Annual accounts 2014-26 k €
  12. 16/10/2012
    IncorporationPublic limited company