Equity
€501,259 ▼ 16.7%
LUC SWITTEN paid out €266,357 in dividends. That is 161% of the 2025 profit.
LUC SWITTEN
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €311,343 (2022)
€267,485▲ 8.4%
lowest -€57,311 (2016)
€165,765▲ 116%
peak €601,851 (2024)
€501,259▼ 16.7%
€279,042▲ 118%
peak 0 FTE (2024)
0 FTE
Board1 name since 2021
1 directorSWITTEN Luc
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Result from €76,706 to €165,765Dividend €266,357Equity from €601,851 to €501,259Debts from €127,929 to €279,042Investments €140,415Cash from €54,978 to €160,533
Key points
from the 2025 annual accountsResult
€165,765 ▲ 116%
The result rose in 2025 from €76,706 to €165,765.
Debts
€279,042 ▲ 118%
Debts rose by €151,113 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€140,715 6.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.47 was 4.66 in 2024
Short-term debts rose from €75,972 to €195,779.
Filings
29 annual accounts since 1997
Three of the last ten came late. The 2022 accounts came latest: 32 days after the end of the period.
Checked score
94
Excellent
Financially stronger than 52% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025highest value
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: < 0.1%▼ -1.0 percentage point vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €780,301
Liquidity: current ratio 1.47, cash €160,533
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €501,259 (64.2% of total assets)
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 70, micro). It does better than 59% of them on solvency, 59% on liquidity, 65% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as LUC SWITTEN has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of LUC SWITTEN itself: < 0.1% within 12 months.
Test of the method
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 20,137 companies, not a prediction for LUC SWITTEN. 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.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (4.66 in 2024), below the usual 1.5. Short-term debt is 25.1% and cash 20.6% of total assets. 35.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
29 days early
2023
1 day early
2022
32 days late
2021
31 days late
2020
38 days early
2019
22 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 before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 31 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SL
SWITTEN Luc
Director
Shares in 1 company, Luan Precision Holding BV
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460660423
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: SWITTEN Luc (statutory director) · Board composition: SWITTEN Luc (statutory director) · Gazette deed
First establishment
Eikenenweg 42, Zonhoven
Incorporation
published on 28-05-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LUC SWITTEN Zonhoven | €780,301 | €267,485 | 64.2% | 0 |
| Law-Online Antwerp | €824,741 | €273,893 | 94.1% | 0 |
| FENDER Schoten | €916,489 | €260,037 | 86.3% | 0 |
| ID-PRESTATIONS Rumst | €822,468 | €300,020 | 60.8% | 0 |
| LEX ANTIQUA Wellen | €984,374 | €275,778 | 79.7% | 0 |
| HELRO Maaseik | €551,224 | €241,689 | 96.5% | 0 |
| TOFF Gingelom | €759,444 | €180,639 | 63.0% | 0.1 |
These companies have the same main activity as LUC SWITTEN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €551,000 and €984,000, founded between 1994 and 2002.
Official details
Source: KBO- Status
- Active since 15-05-1997Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.131.834.1283520 Zonhoven, since 09-05-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2025
Annual accounts 2025
- ≈ €410,000estimated
- €780,301▲ 6.9%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on LUC SWITTEN
LUC SWITTEN files the abbreviated format. That format states no turnover. The gross margin rose from €137,572 in 2006 to €267,485 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LUC SWITTEN
- What is the company number of LUC SWITTEN?
- The company number of LUC SWITTEN is 0460.660.423. The VAT number is the same number with BE in front: BE 0460.660.423.
- Where is LUC SWITTEN based?
- The registered office is at Eikenenweg 42, 3520 Zonhoven.Company details
- What does LUC SWITTEN do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of LUC SWITTEN?
- LUC SWITTEN is a private limited company (BV).
- When was LUC SWITTEN founded?
- LUC SWITTEN was founded on 15-05-1997.
- Is LUC SWITTEN still active?
- Yes, LUC SWITTEN is an active enterprise in the KBO register.
- What is the turnover of LUC SWITTEN?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €267,485 and 74 comparable companies (NACE 70200). It probably lies between €320,000 and €740,000.Financials
- Is LUC SWITTEN profitable?
- In financial year 2025, LUC SWITTEN made a profit of €165,765.
- Where can I find the annual accounts of LUC SWITTEN?
- LUC SWITTEN filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUC SWITTEN due?
- LUC SWITTEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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