ACTIVE

SMART DOCUMENT SOLUTIONS

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 k €

-47.7% YoY

Gross margin

-512,3 €

+72.6% YoY

Equity

273,2 k €

+0.4% YoY

What does SMART DOCUMENT SOLUTIONS do?

SMART DOCUMENT SOLUTIONS is a Private company with limited liability incorporated in 2004. Its registered office is in Brecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.729.759

Incorporation

15/04/2004

Legal form

Private company with limited liability

Registered office

Beukenlei 17
2960 Brecht · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-512,3 €	+72.6%	-1,9 k €	-456%	-335,7 €	-387%	-68,9 €	+90.8%	-747,7 €	+80.4%	-3,8 k €	-10.8%	-3,4 k €	-5.9%	-3,3 k €	-27.4%	-2,6 k €	+30.7%	-3,7 k €	+57.0%	-8,6 k €	-41.1%	-6,1 k €	-119%	31,2 k €	+22.0%	25,5 k €	+50.7%	17 k €	-15.8%	20,1 k €	-61.9%	52,9 k €	+17.5%	45 k €
EBITDA	-2,9 k €	-44.5%	-2 k €	-358%	-444,7 €	-160%	-170,9 €	+79.9%	-848,7 €	+88.9%	-7,7 k €	-78.0%	-4,3 k €	-4.9%	-4,1 k €	-12.1%	-3,7 k €	+16.2%	-4,4 k €	+56.5%	-10 k €	-40.9%	-7,1 k €	-124%	29,3 k €	+154%	11,5 k €	-20.6%	14,5 k €	-9.4%	16 k €	-1.6%	16,3 k €	+244%	4,7 k €
Operating result	-2,9 k €	-44.5%	-2 k €	-358%	-444,7 €	-160%	-170,9 €	+79.9%	-848,7 €	+88.9%	-7,7 k €	-78.0%	-4,3 k €	-4.9%	-4,1 k €	-12.1%	-3,7 k €	+16.2%	-4,4 k €	+56.5%	-10 k €	-40.9%	-7,1 k €	-124%	29,3 k €	+156%	11,4 k €	-18.4%	14 k €	-9.1%	15,4 k €	+5.5%	14,6 k €	+758%	1,7 k €
Net result	1,2 k €	-47.7%	2,3 k €	-28.8%	3,2 k €	-24.2%	4,3 k €	+46.1%	2,9 k €	-94.1%	49,2 k €	+14.0%	43,1 k €	+745%	-6,7 k €	-125%	27,1 k €	+45.0%	18,7 k €	+130%	8,1 k €	+169%	-11,7 k €	-165%	18,1 k €	+151%	7,2 k €	-25.7%	9,7 k €	+69.8%	5,7 k €	+72.9%	3,3 k €	+572%	490,3 €
Balance sheet
Equity	273,2 k €	+0.4%	272 k €	+0.9%	269,7 k €	+1.2%	266,5 k €	+1.6%	262,3 k €	+35.3%	193,8 k €	+34.0%	144,7 k €	+181%	51,6 k €	-11.5%	58,3 k €	+44.8%	40,2 k €	+87.0%	21,5 k €	+60.9%	13,4 k €	-46.7%	25,1 k €	+13.3%	22,1 k €	-1.4%	22,5 k €	+3.1%	21,8 k €	-13.2%	25,1 k €	+15.1%	21,8 k €
Total assets	273,2 k €	+0.4%	272 k €	+0.8%	270 k €	+1.3%	266,5 k €	+1.6%	262,3 k €	+14.3%	229,5 k €	+6.8%	214,8 k €	+7.6%	199,6 k €	+6.1%	188,1 k €	-12.8%	215,8 k €	+0.9%	213,9 k €	+441%	39,6 k €	-79.3%	190,7 k €	+7.4%	177,6 k €	+22.8%	144,6 k €	-1.4%	146,6 k €	+17.0%	125,3 k €	+2.3%	122,6 k €
Cash	12 €	-98.0%	602,7 €	-73.3%	2,3 k €	-58.3%	5,4 k €	-1.3%	5,5 k €	+1402%	364,6 €	-94.2%	6,3 k €	+2454%	245,4 €	-14.4%	286,8 €	-87.1%	2,2 k €	+243%	650,5 €	+18.8%	547,8 €	-87.2%	4,3 k €	-10.0%	4,7 k €		–		–		–		–
Debts	–		–		266,8 €		–		–		35,7 k €	-49.2%	70,2 k €	-52.6%	148,1 k €	+14.1%	129,8 k €	-26.0%	175,5 k €	-8.8%	192,4 k €	+634%	26,2 k €	-84.2%	165,6 k €	+6.5%	155,5 k €	+27.3%	122,2 k €	-2.1%	124,8 k €	+24.6%	100,1 k €	-0.3%	100,5 k €
Other
Workforce	–		–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	-28.6%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Koen Coppens

Director · since 24 mars 2005

Active

Michel Elyakim

Director · since 02 avril 2004

Active

Ended mandates

Koen Coppens

Manager · since 02 avril 2004

Ended

Misel Elyakim

Director · since 02 avril 2004

Ended

Misel Elyakim

Manager · since 02 avril 2004

Ended

Géry LAMBRECHTS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ALFACOM● Active	0479.202.269

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	31/08/2024	12/06/2024	18/10/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	15/02/2024	05/10/2022	31/08/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/02/2024	12/06/2024	Dutch	PDF
Micro model	31/12/2021	05/10/2022	18/10/2022	Dutch	PDF
Micro model	31/12/2020	31/08/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2018	01/06/2019	30/09/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	01/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	01/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	13/10/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	08/10/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	10/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 9 ended

Active mandates

Koen Coppens

Director · since 24 mars 2005

Active

Michel Elyakim

Director · since 02 avril 2004

Active

Ended mandates

Koen Coppens

Manager · since 02 avril 2004

Ended

Misel Elyakim

Director · since 02 avril 2004

Ended

Misel Elyakim

Manager · since 02 avril 2004

Ended

Géry LAMBRECHTS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/09/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office27/10/2006
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/11/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other26/04/2004
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

2025
Annual accounts 20251,2 k €↓
2024
Annual accounts 20242,3 k €↓
2023
Annual accounts 20233,2 k €↓
2022
Annual accounts 20224,3 k €↑
2021
Annual accounts 20212,9 k €↓
2018
Annual accounts 201849,2 k €↑
2017
Annual accounts 201743,1 k €↑
2016
Annual accounts 2016-6,7 k €↓
2015
Annual accounts 201527,1 k €↑
2014
Annual accounts 201418,7 k €↑
2013
Annual accounts 20138,1 k €↑
2012
Annual accounts 2012-11,7 k €↓
2011
Annual accounts 201118,1 k €↑
2010
Annual accounts 20107,2 k €↓
2009
Annual accounts 20099,7 k €↑
2008
Annual accounts 20085,7 k €↑
2007
Annual accounts 20073,3 k €↑
2006
Annual accounts 2006490,3 €
15/04/2004
IncorporationPrivate company with limited liability

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 DOCUMENT SOLUTIONS

Overview

What does SMART DOCUMENT SOLUTIONS do?

Trend over 18 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