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ESTATE SWI

Active
Private limited companyfounded 2017active for 9 yearsDrève du Prophète 58, 7000 Mons, BelgiumKBO/BCE: BE 0682.625.523
Summary

The annual accounts of ESTATE SWI for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €33,445 and a net result of -€42,675. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 22% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-10-2017 Normal situation
Activity
Development of residential building projects NACE 68121and 4 others
Establishment unit
2.269.879.083 7000 Mons, since 06-10-2017
Financial year end
31 December
Peppol
Reachable since 02-05-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€89,504
▲ 46.9%
Turnover
≈ €230,000
estimated
Loss
€42,675
▼ 3.8%
Equity
€33,445
▼ 56.1%
Total assets
€2.8m
▼ 1.5%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 of the last 3 accounts lateLiquidity: current ratio 0.21, cash €17,910lowers riskSize: total assets €2.8mFigures for financial year 2025 (filed on 15-07-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of small companies in real estate (NACE 68)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-2
equity 1.2% of total assets
Liquidity 20=
short-term debt 58.9% · cash 0.6%
Profitability 34+9
return on assets -1.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: 0.7% 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.2 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.4 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.3 percentage points vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.21 (0.33 in 2024), below 1. Short-term debt is 58.9% and cash 0.6% of total assets. 98.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 17% of them on solvency, 16% on liquidity, 27% on profitability and 8% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-07-2026)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.21, cash €17,910
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€42,675
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 17149 sector peers (2025).
NBB · sector comparison
Position among 17149 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
16 days early
2024
7 days early
2023
61 days late
2022
31 days late
2021
22 days late
2020
9 days late
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 90% of companies in real estatesector median €6,030 · 17,139 companies -€42,675 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€42,675 View

Recent changes

  1. · Gazette deed Change of role: WILLEMS Steve, from manager to directorPermanent representative: WILLEMS Steve
  2. · Gazette deed Registered office moved within MonsNew seat: numéro 58 de la Drève du Prophète à 7000 Mons · Previous seat: numéro 18 de la Rue des Prisonniers à 7032 Mons
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as ESTATE SWI: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.5m and €3.3m, founded between 2017 and 2018.

CompanyTotal assetsGross margin
ESTATE SWI Mons€2.8m€0.09m
ALTARIS PROJECTS Sint-Genesius-Rode€2.7m€0.09m
Buchmüller Invest Oostende€2.5m€0.08m
ADAMAS Zoersel€2.9m€0.06m
TESTEREP Mechelen€3.3m€0.1m
Heirbrug Boortmeerbeek€3.2m€0.1m
PAPRI-INVEST Diest€2.5m€0.1m
Full comparison

Key facts about ESTATE SWI

What is the company number of ESTATE SWI?
The company number of ESTATE SWI is 0682.625.523. The VAT number is the same number with BE in front: BE 0682.625.523.
Where is ESTATE SWI based?
The registered office is at Drève du Prophète 58, 7000 Mons.Company details
What does ESTATE SWI do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of ESTATE SWI?
The legal form of ESTATE SWI is Private limited company (BV).
When was ESTATE SWI founded?
ESTATE SWI was founded on 06-10-2017.
Is ESTATE SWI still active?
Yes, ESTATE SWI is an active enterprise in the KBO register.
What is the turnover of ESTATE SWI?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €89,504 and 47 comparable companies (NACE 681). It probably lies between €120,000 and €490,000.Financials
Is ESTATE SWI profitable?
In financial year 2025, ESTATE SWI made a loss of €42,675.
Where can I find the annual accounts of ESTATE SWI?
ESTATE SWI filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ESTATE SWI due?
ESTATE SWI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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