Result
The result rose in 2025 from €167,993 to €724,114.
The result rose in 2025 from €167,993 to €724,114.
The accounts state no turnover.
Debts rose by €9.2m in 2025.
Green is investment, beige is depreciation. Machinery stands 258.6% higher than in 2024.
New director. Latest change 01-01-2026 · 2 in office.
Higher net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 46% of them on solvency, 55% on liquidity, 39% on profitability and 71% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 3,984 companies had the same profile as I - PROJECTS has now. Each dot stands for 10 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of I - PROJECTS itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for I - PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 5.38 (8.28 in 2024), above the usual 1.5. Short-term debt is 6.4% and cash 0.6% of total assets. However, 73.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 18 days before 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.
| Company | ||||
|---|---|---|---|---|
| I - PROJECTS Antwerp | €21.5m | €1.0m | 26.9% | 0.8 |
| FREDERIK EN ISABELLE DOSSCHE MANAGEMENT Ghent | €17.6m | €0.6m | 34.1% | 0.8 |
| CONCORDE Wervik | €13.6m | €0.9m | 50.4% | 1 |
| ROX IMMO Theux | €12.8m | €0.7m | 22.2% | 1 |
| NETEBEEMDEN Mol | €21.6m | €1.5m | 40.3% | 1.5 |
| ARCADE Liège | €10.3m | €1.1m | 24.1% | 1 |
| ANMOCAL & CO Waasmunster | €10.9m | €1.3m | 55.8% | 0.7 |
These companies have the same main activity as I - PROJECTS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €10m and €22m, founded between 1982 and 1993.
I - PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €114,077 in 2006 to €967,313 in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
GROEP SWINNEN holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.7m. Estimated: probably between €1.3m and €2.8m.
Higher than 46% of 11,299 companies in 2025.
Higher than 85% of 10,851 companies in 2025.
Higher than 67% of 11,184 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
21.5m | 11.9m | 12.4m | 8.3m | 8.7m | 9.2m | 9.0m | 9.0m | 9.1m | 9.3m | 9.4m | 2.9m | 3.9m | 3.9m | 4.4m | 6.8m | 5.9m | 2.4m | 2.3m | 2.4m | |
21/28 |
14.1m | 5.2m | 5.6m | 1.0m | 1.2m | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.6m | 1.6m | 1.6m | 3.6m | 4.3m | 945,741 | 899,225 | 947,707 | |
22/27 |
14.0m | 4.9m | 4.9m | 292,755 | 315,211 | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.6m | 1.6m | 1.6m | 3.5m | 4.2m | 850,741 | 899,225 | 947,707 | |
22 |
13.9m | 4.9m | 4.9m | 290,744 | 314,464 | 8.5m | 8.2m | 8.3m | 8.3m | 8.3m | 8.4m | 1.5m | 1.5m | 1.6m | 1.6m | 3.5m | 4.1m | 805,383 | 850,378 | 895,370 | |
23 |
52,736 | 14,705 | 14,960 | 1,239 | 746 | - | - | - | - | - | - | - | 110 | 165 | 238 | 535 | 891 | - | - | - | |
24 |
34,702 | 2,592 | 2,327 | 772 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
58,663 | 11,873 | - | - | 0 | 1,745 | 5,234 | 8,723 | 12,212 | 15,701 | 19,190 | 22,679 | 26,168 | 29,657 | 34,891 | 38,380 | 41,869 | 45,358 | 48,847 | 52,337 | |
28 |
16,696 | 270,917 | 664,736 | 714,385 | 837,500 | - | - | - | - | - | - | - | - | - | - | 95,000 | 95,000 | 95,000 | - | - | |
29/58 |
7.4m | 6.7m | 6.8m | 7.2m | 7.5m | 695,298 | 722,174 | 772,551 | 745,265 | 987,918 | 987,776 | 1.4m | 2.3m | 2.3m | 2.8m | 3.2m | 1.6m | 1.5m | 1.4m | 1.4m | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 120,000 | 120,000 | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 120,000 | 120,000 | - | - | - | - | - | - | - | |
40/41 |
1.1m | 858,430 | 835,324 | 736,854 | 765,266 | 653,844 | 721,409 | 769,315 | 742,589 | 985,365 | 987,356 | 1.2m | 2.2m | 2.3m | 2.1m | 3.2m | 1.4m | 1.4m | 1.4m | 1.4m | |
40 |
396,545 | 187,551 | 37,922 | 34,306 | 3,964 | 32,239 | 47,038 | 54,819 | 8,583 | 4,255 | 4,255 | - | 35,760 | 50,160 | - | 14,769 | 14,443 | 80,479 | 14,603 | 1.4m | |
41 |
737,418 | 670,878 | 797,401 | 702,548 | 761,302 | 621,606 | 674,371 | 714,496 | 734,006 | 981,110 | 983,101 | 1.2m | 2.1m | 2.3m | 2.1m | 3.1m | 1.4m | 1.3m | 1.4m | - | |
50/53 |
6.2m | 5.9m | 5.8m | 6.5m | 6.5m | - | - | - | - | - | - | - | - | - | - | - | - | 85,000 | - | - | |
54/58 |
125,056 | 10,005 | 123,520 | 5,222 | 257,585 | 41,454 | 765 | 3,236 | 2,676 | 2,553 | 420 | 2,563 | 2,232 | 3,794 | 666,720 | 11,069 | 150,742 | 14,043 | 8,851 | 10,792 | |
490/1 |
6,016 | 3,876 | 3,998 | 1,618 | 2,140 | - | - | - | - | - | - | - | - | 83 | - | - | - | - | - | 57,712 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
21.5m | 11.9m | 12.4m | 8.3m | 8.7m | 9.2m | 9.0m | 9.0m | 9.1m | 9.3m | 9.4m | 2.9m | 3.9m | 3.9m | 4.4m | 6.8m | 5.9m | 2.4m | 2.3m | 2.4m | |
10/15 |
5.8m | 5.1m | 4.9m | 5.5m | 5.9m | 8.6m | 8.6m | 8.8m | 8.8m | 8.8m | 8.8m | 1.2m | 1.5m | 1.9m | 1.9m | 2.3m | 1.3m | 1.3m | 1.3m | 1.2m | |
10/11 |
179,723 | 179,723 | 179,723 | 179,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | |
10 |
- | - | - | - | 449,723 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 449,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | 179,723 | |
12 |
474,400 | 474,400 | 474,400 | 474,400 | 474,400 | 7.6m | 7.6m | 7.6m | 7.6m | 7.6m | 7.6m | - | - | - | - | - | - | - | - | - | |
13 |
5.1m | 4.9m | 4.9m | 5.0m | 5.0m | 19,144 | 19,144 | 19,144 | 17,972 | 17,972 | 17,972 | 17,972 | 934,591 | 934,591 | 934,591 | 2.0m | 1.0m | 1.0m | 1.0m | 1.0m | |
130/1 |
- | - | - | 0 | 19,144 | 19,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 19,144 | 19,144 | 19,144 | 19,144 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 17,972 | 11,032 | 8,567 | 7,672 | 7,672 | 2,327 | |
1311 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
4.8m | 4.9m | 4.9m | 5.0m | 5.0m | - | - | - | - | - | - | - | 916,619 | 916,619 | 916,619 | 1.9m | 1.0m | 1.0m | 1.0m | 1.0m | |
133 |
380,841 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
0 | -453,817 | -684,862 | -90,955 | 35,088 | 449,957 | 535,784 | 644,429 | 644,429 | 707,391 | 716,740 | 721,077 | 379,673 | 735,808 | 769,639 | 131,662 | 84,872 | 67,871 | 107,044 | 5,476 | |
16 |
1.8m | 2.1m | 2.5m | 2.6m | 2.6m | 250,741 | 203,500 | 213,500 | 210,375 | 210,375 | 280,500 | - | 471,987 | 471,987 | 471,987 | 999,637 | 531,643 | 531,643 | 531,643 | 531,643 | |
160/5 |
175,030 | 481,181 | 875,000 | 955,584 | 961,569 | 250,741 | 203,500 | 213,500 | 210,375 | 210,375 | 280,500 | - | - | - | - | - | - | - | - | - | |
163 |
0 | 481,181 | 875,000 | 955,584 | 961,569 | 250,741 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
175,030 | - | - | - | - | - | 203,500 | 213,500 | 210,375 | 210,375 | - | - | - | - | - | - | - | - | - | - | |
168 |
1.6m | 1.6m | 1.6m | 1.7m | 1.7m | - | - | - | - | - | - | - | 471,987 | 471,987 | 471,987 | 999,637 | 531,643 | 531,643 | 531,643 | 531,643 | |
17/49 |
14.0m | 4.7m | 5.0m | 123,124 | 128,820 | 410,569 | 113,867 | 79,820 | 91,052 | 304,964 | 259,569 | 1.7m | 1.9m | 1.6m | 2.0m | 3.5m | 4.0m | 625,876 | 454,124 | 628,372 | |
17 |
12.6m | 3.9m | 4.3m | 0 | 5,749 | 43,488 | 38,933 | 34,645 | 48,698 | 62,295 | 75,452 | 1.2m | 1.2m | 1.2m | 1.5m | 3.4m | 3.5m | 234,105 | 283,204 | 331,158 | |
170/4 |
12.4m | 3.9m | 4.3m | 0 | 5,749 | 43,488 | 38,933 | 34,645 | 48,698 | 62,295 | 75,452 | 1.2m | 1.2m | 1.2m | 1.5m | 3.4m | 3.5m | 234,105 | 283,204 | 331,158 | |
178/9 |
139,863 | 44,059 | 44,059 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
1.4m | 813,411 | 604,403 | 123,124 | 120,868 | 367,081 | 74,934 | 45,175 | 42,355 | 240,169 | 184,117 | 530,943 | 727,494 | 422,141 | 519,090 | 101,429 | 461,013 | 375,905 | 159,661 | 281,585 | |
42 |
629,147 | 234,211 | 234,211 | 5,749 | 16,869 | 23,931 | 7,955 | 14,052 | 15,792 | 15,308 | 14,035 | 12,022 | 12,498 | 11,106 | 10,465 | 43,973 | 240,317 | 299,098 | 47,955 | 63,537 | |
43 |
150,000 | 250,000 | 210,000 | - | - | - | - | - | - | - | - | 15,277 | - | - | - | - | - | 1,307 | - | - | |
430/8 |
150,000 | 250,000 | 210,000 | - | - | - | - | - | - | - | - | 15,277 | - | - | - | - | - | 1,307 | - | - | |
44 |
393,302 | 306,824 | 77,701 | 113,929 | 100,685 | 338,395 | 63,768 | 22,600 | 14,763 | 113,587 | 49,486 | 49,301 | 25,136 | 18,797 | 30,951 | 39,553 | 74,917 | 36,125 | 73,417 | 203,310 | |
440/4 |
393,302 | 306,824 | 77,701 | 113,929 | 100,685 | 338,395 | 63,768 | 22,600 | 14,763 | 113,587 | 49,486 | 49,301 | 25,136 | 18,797 | 30,951 | 39,553 | 74,917 | 36,125 | 73,417 | 203,310 | |
46 |
164,813 | 7,083 | 56,677 | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 9,908 | - | - | - | - | - | - | 5,355 | |
45 |
47,600 | 15,293 | 25,814 | 3,445 | 3,314 | 4,755 | 3,210 | 8,523 | 6,800 | 106,275 | 115,597 | 112,268 | 39,814 | 4,387 | 230,079 | 17,903 | 27,112 | 39,375 | 38,290 | 4,578 | |
450/3 |
41,700 | 9,080 | 20,561 | - | - | - | - | - | - | 97,815 | 115,597 | 112,268 | 30,399 | 333 | 216,760 | - | 14,562 | 34,674 | 34,674 | - | |
454/9 |
5,899 | 6,213 | 5,253 | 3,445 | 3,314 | 4,755 | 3,210 | 8,523 | 6,800 | 8,459 | - | - | 9,415 | 4,054 | 13,319 | 17,903 | 12,550 | 4,701 | 3,616 | 4,578 | |
47/48 |
- | - | - | - | - | - | - | - | - | - | - | 337,075 | 640,138 | 387,851 | 247,595 | - | 118,667 | - | - | 4,805 | |
492/3 |
- | 0 | 10,114 | 0 | 2,202 | - | - | - | - | 2,500 | - | 30,000 | - | - | - | - | 16,432 | 15,866 | 11,259 | 15,629 | |
| Income statement | |||||||||||||||||||||
76A |
306,151 | 535,464 | 192,387 | 10,000 | 47,241 | 0 | 10,000 | 97,875 | 11,764 | 71,148 | 277,380 | 8,757 | - | 18,513 | 1.6m | 1.4m | - | 7,971 | - | - | |
9900 |
967,313 | 638,625 | 437,145 | -71,976 | 6.5m | 17,389 | 12,988 | 168,006 | 22,839 | 53,267 | -209,167 | 10,136 | 15,678 | 39,761 | -567,781 | 79,508 | 155,603 | 167,181 | 277,193 | 114,077 | |
62 |
52,467 | 50,763 | 43,719 | 28,249 | 28,309 | 18,777 | 26,807 | 23,936 | 24,125 | 21,676 | 24,370 | 24,468 | 28,818 | 41,596 | 49,132 | 45,825 | 43,769 | 32,930 | 22,332 | 21,247 | |
630 |
221,295 | 137,753 | 81,747 | 24,055 | 24,630 | 30,715 | 34,221 | 34,221 | 34,221 | 34,221 | 34,221 | 17,428 | 17,373 | 30,731 | 18,744 | 17,675 | 49,078 | 48,484 | 48,482 | 48,481 | |
631/4 |
0 | 2,465 | - | - | - | - | - | - | - | - | - | - | - | - | 1,881 | -3,647 | - | - | 16,866 | - | |
640/8 |
157,627 | 119,181 | 264,181 | 15,236 | 182,858 | 51,471 | 56,436 | 4,557 | 6,279 | 3,199 | 6,549 | 3,811 | 7,313 | 7,914 | 34,331 | 8,598 | 13,647 | 12,376 | 22,955 | 12,731 | |
66A |
0 | 83,199 | 485 | 4,015 | 60,569 | - | - | 101,000 | 267 | - | - | 889,789 | - | 4,966 | 36,526 | - | - | 100,378 | - | - | |
9901 |
535,923 | 245,264 | 47,014 | -143,530 | 6.2m | -83,574 | -104,476 | 4,292 | -42,054 | -5,830 | -274,308 | -35,572 | -37,827 | -40,480 | -671,869 | 11,057 | 49,109 | 73,391 | 166,558 | 31,618 | |
75/76B |
445,199 | 90,795 | 4,439 | 9 | 24 | - | - | - | 0 | - | 2 | 82 | 214 | 1,642 | 16,056 | 75,151 | 4,411 | 4,601 | 40 | 713 | |
75 |
445,199 | 90,795 | 4,439 | 9 | 24 | - | - | - | 0 | - | 2 | 82 | 214 | 1,642 | 16,056 | 75,151 | 4,411 | 4,601 | 40 | 713 | |
65/66B |
293,856 | 189,084 | 689,201 | 1,666 | 2,194 | 2,252 | 4,169 | 3,120 | 20,909 | 3,519 | 7,410 | 18,392 | 18,478 | 8,293 | 10,101 | 36,036 | 35,520 | 24,757 | 23,870 | 28,745 | |
65 |
281,581 | 189,084 | 112,044 | 1,666 | 2,194 | 2,252 | 4,169 | 3,120 | 20,909 | 3,519 | 7,410 | 18,392 | 18,478 | 8,293 | 10,101 | 36,036 | 35,520 | 24,757 | 23,870 | 28,745 | |
66B |
12,276 | 0 | 577,157 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
687,265 | 146,976 | -637,749 | -145,187 | 6.2m | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | -934,914 | -56,090 | -33,584 | 861,676 | 1.4m | 18,000 | -39,172 | 142,728 | 3,586 | |
780 |
36,848 | 21,017 | 10,961 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | - | - | 0 | 1.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 0 | 112,288 | 45 | 246 | 216,760 | 915 | 104 | 1 | 35,814 | 459 | |
9904 |
724,114 | 167,993 | -626,788 | -145,187 | 4.5m | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | -575,215 | -56,135 | -33,831 | 644,916 | 958,119 | 17,896 | -39,173 | 106,914 | 3,127 | |
789 |
110,544 | 63,052 | 32,882 | - | - | - | - | - | - | - | - | 916,619 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | 0 | 5.0m | - | - | - | - | - | - | - | - | - | - | 908,864 | - | - | - | - | |
9905 |
834,658 | 231,045 | -593,907 | -145,187 | -414,870 | -85,826 | -108,645 | 1,172 | -62,962 | -9,349 | -4,337 | 341,404 | -56,135 | -33,831 | 644,916 | 49,255 | 17,896 | -39,173 | 106,914 | 3,127 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
380,841 | -453,817 | -684,862 | -110,099 | 35,088 | 449,957 | 535,784 | 645,601 | 644,429 | 707,391 | 716,740 | 721,077 | 679,673 | 735,808 | 776,578 | 134,127 | 85,767 | 67,871 | 112,390 | 5,476 | |
14P |
-453,817 | -684,862 | -90,955 | 35,088 | 449,957 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 0 | 19,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
380,841 | - | - | - | - | - | - | 1,172 | - | - | - | - | - | - | 6,939 | 2,465 | 895 | - | 5,346 | - | |
6920 |
- | - | - | - | - | - | - | 1,172 | - | - | - | - | - | - | 6,939 | 2,465 | 895 | - | 5,346 | - | |
6921 |
380,841 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0.8 | 0.8 | 1 | 1 | 1 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.8 | 1.2 | 1.2 | 1.2 | 1 | 0.7 | 0.6 | |
Hours worked1013 |
1,398 | 1,420 | 1,234 | 864 | 588 | 588 | 868 | 867 | 697 | 697 | 885 | 873 | 1,000 | 1,815 | 2,051 | 1,952 | 2,040 | 1,698 | 1,241 | 1,008 | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-07-2026 | 2026-00306671 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00384202 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00204044 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00184143 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20092859 | |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-34200132 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-30800214 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-24000264 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-43100007 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-26200138 | |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-64200201 | |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-63700308 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-50600381 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-51800454 | |
| 30-06-2011 | abbreviated format | 20-12-2011 | 2011-64100429 | |
| 30-06-2010 | abbreviated format | 16-12-2010 | 2010-63600483 | |
| 30-06-2009 | abbreviated format | 27-11-2009 | 2009-87500159 | |
| 30-06-2008 | abbreviated format | 18-12-2008 | 2008-85800217 | |
| 30-06-2007 | abbreviated format | 14-12-2007 | 2007-83300225 | |
| 30-06-2006 | abbreviated format | 18-12-2007 | 2007-83500167 | |
| 30-06-2005 | abbreviated format | 01-12-2005 | 2005-88103379 | |
| 30-06-2004 | abbreviated format | 03-11-2004 | 2004-77501589 | |
| 30-06-2003 | abbreviated format | 13-10-2003 | 2003-74201739 | |
| 30-06-2002 | abbreviated format | 07-11-2002 | 2002-70701803 | |
| 30-06-2001 | abbreviated format | 09-10-2001 | 2001-63003653 | |
| 30-06-2000 | abbreviated format | 24-11-2000 | 2000-73300502 | |
| 30-06-1999 | abbreviated format | 29-10-1999 | 1999-56103604 | |
| 30-06-1998 | abbreviated format | 11-05-1999 | 1999-09605212 | |
| 30-06-1997 | abbreviated format | 08-10-1997 | 1997-47904385 | |
| 30-06-1996 | abbreviated format | 03-10-1996 | 1996-46900911 | |
| 30-06-1995 | abbreviated format | 12-10-1995 | 1995-53702033 | |
| 30-06-1994 | abbreviated format | 04-01-1995 | 1995-00103788 | |
| 30-06-1993 | abbreviated format | 22-09-1993 | 1993-36703549 | |
| 30-06-1992 | abbreviated format | 04-03-1993 | 1993-03101357 | |
| 30-06-1991 | abbreviated format | 10-09-1991 | 1991-24704953 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 757,219 | 383,017 | 128,760 | -119,475 | 6.2m | -52,859 | -70,255 | 38,513 | -7,832 | 28,391 | -240,087 | -18,143 | -20,453 | -9,749 | -653,125 | 28,732 | 98,187 | 121,875 | 215,040 | 80,099 | ||
| 945,409 | 305,746 | -545,042 | -121,132 | 4.6m | -55,111 | -74,424 | 35,393 | -28,741 | 24,872 | 29,884 | -557,786 | -38,762 | -3,100 | 663,660 | 975,794 | 66,974 | 9,311 | 155,395 | 51,608 | ||
| 9.4m | 93,550 | 4.7m | 1,599 | 914,282 | 315,708 | 0 | 0 | 0 | 0 | 138,600 | 0 | 0 | 165 | 24,919 | -623,142 | 3.4m | 95,000 | -0 | - | ||
| 115,051 | -113,514 | 118,298 | -252,363 | 216,132 | 40,688 | -2,471 | 560 | 123 | 2,133 | -2,143 | 331 | -1,562 | -662,926 | 655,651 | -139,673 | 136,699 | 5,192 | -1,941 | - | ||
| 6.1m | 5.9m | 6.2m | 7.1m | 7.4m | 328,217 | 647,240 | 727,376 | 702,910 | 747,749 | 803,659 | 828,380 | 1.6m | 1.9m | 2.2m | 3.1m | 1.1m | 1.1m | 1.3m | 1.2m | ||
| 26.9% | 42.6% | 39.6% | 66.9% | 68.4% | 92.8% | 96.5% | 96.8% | 96.7% | 94.5% | 94.2% | 40.9% | 38.7% | 47.1% | 43.0% | 33.4% | 22.3% | 52.7% | 57.4% | 51.3% | ||
| 5.38 | 8.28 | 11.21 | 58.83 | 62.26 | 1.89 | 9.64 | 17.10 | 17.60 | 4.11 | 5.36 | 2.56 | 3.16 | 5.55 | 5.32 | 31.18 | 3.47 | 3.99 | 8.85 | 5.09 | ||
| 5.38 | 8.28 | 11.21 | 58.83 | 62.26 | 1.89 | 9.64 | 17.10 | 17.60 | 4.11 | 5.36 | 2.33 | 2.99 | 5.55 | 5.32 | 31.18 | 3.47 | 3.99 | 8.85 | 5.09 | ||
| 2.41 | 0.93 | 1.01 | 0.02 | 0.02 | 0.05 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 1.45 | 1.27 | 0.87 | 1.07 | 1.55 | 3.08 | 0.49 | 0.34 | 0.52 | ||
| 12.5% | 3.3% | -12.8% | -2.6% | 76.5% | -1.0% | -1.3% | 0.0% | -0.7% | -0.1% | 0.0% | -48.4% | -3.8% | -1.8% | 34.2% | 42.3% | 1.4% | -3.0% | 8.1% | 0.3% | ||
| 3.4% | 1.4% | -5.1% | -1.8% | 52.3% | -0.9% | -1.2% | 0.0% | -0.7% | -0.1% | 0.0% | -19.8% | -1.5% | -0.9% | 14.7% | 14.1% | 0.3% | -1.6% | 4.6% | 0.1% | ||
| 2.69 | 2.03 | 1.15 | -71.72 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 0 | 0 | 0 | 0 | 0 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.5 | 0.5 |
| 0.8 | 0.8 | 0.8 | 0.5 | 0.5 | |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €13.1m | €4.1m | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9.4m | €93,550 | €4.7m | €1,599 | €76,782 |
| Financial fixed assets | €0 | - | - | - | €837,500 |
| €221,295 | €137,753 | €81,747 | €24,055 | €24,630 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 119% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 39.7% to 64.9%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of GROEP SWINNEN. Every holding stands with its own latest accounts.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| I-PROJECTS registered office Steenstraat 6A, 2180 Antwerp 4100106 General construction of residential buildings | 20-02-1991 | 2.051.589.392 |
| 04-05-2022 | Discontinued | Bouwen of herbouwen submitted 07-04-2022 · project 2022051828 | Antwerpen |
| 04-03-2022 | Discontinued | Bouwen of herbouwen submitted 08-02-2022 · project 2022018124 | Antwerpen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11364F0565/00B002 | 44 m² | 1 · 61 m² | 9.4 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0454.987.309
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