MARK SWYSEN PROJECTS
ActiveMARK SWYSEN PROJECTS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €259k. Equity is shrinking by ~39% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 75% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+94
Solvency100▲+83
Growth46=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.11 against 0.03 in 2024; short-term debt: 23.8% and cash: 84.4% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.2%
Return on assets
493%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
25 d late
2023
26 d late
2022
9 d late
2021
16 d late
2020
17 d late
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€12k▲ 35.3%
2023 · €9k
2018: €14k
2019: €23k
2020: €19k
2021: €22k
2022: €26k
2023: €9k
2018 → 2024
EBIT margin
-136.5%▲ 54.8pp
2023 · -191.2%
2018: -143.9%
2019: -16.0%
2020: -61.6%
2021: -72.3%
2022: -21.1%
2023: -191.2%
2018 → 2024
Net result
€259k
2024 · €-16k
2018: €-21k
2019: €-4k
2020: €-12k
2021: €-16k
2022: €-6k
2023: €-17k
2024: €-16k
2018 → 2025
Working capital
€39k
2024 · €-234k
2018: €-174k
2019: €-177k
2020: €-189k
2021: €-203k
2022: €-207k
2023: €-220k
2024: €-234k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22k-€26k▲ 20.1%€9k▼ 66.4%€12k▲ 35.3%
Equity€20k-€15k▼ 27.7%€-2k€-19k▼ 688%€40k
Operating result€-16k-€-6k▲ 64.9%€-17k▼ 205%€-16k▲ 3.4%€259k
Net result€-16k-€-6k▲ 64.8%€-17k▼ 203%€-16k▲ 3.4%€259k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €259k after a loss of €16k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€1k▼ 99.5%
Current assets
€51k▲ 630%
Equity and liabilities €52k
Equity
€40k
Debt
€13k
Debt finances 23.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€259k▲
2024 · €-14k
Cash flow
€259k▲
2024 · €-14k
Solvency
76.2%▲
2024 · -8.4%
Current ratio
4.11▲
2024 · 0.03
Quick ratio
4.11▲
2024 · 0.03
Debt / equity
0.31▲
2024 · -12.83
ROE
647.3%
ROA
493.0%▲
2024 · -7.4%
Interest coverage
3940.24▲
2024 · -329.83
Debt
€13k▼
2024 · €241k
Debt ≤ 1 year
€13k▼
2024 · €241k
Income taxes
€2
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€222k€52k▼
Fixed assets21/28€215k€1k▼
Tangible fixed assets22/27€215k€1k▼
Land and buildings22€212k€0▼
Plant, machinery and equipment23€3k€1k▼
Current assets29/58€7k€51k▲
Amounts receivable within one year40/41€7k€7k▲
Trade receivables40€6k€7k▲
Other amounts receivable41€855€0▼
Cash at bank and in hand54/58€431€44k▲
Deferred charges and accrued income490/1-€452
Equity and liabilities
Total equity and liabilities10/49€222k€52k▼
Equity10/15€-19k€40k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€200k€0▼
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311-€2k
Other1319€2k-
Profit (loss) carried forward14€-239k€20k▲
Amounts payable17/49€241k€13k▼
Amounts payable within one year42/48€241k€13k▼
Trade debts44€14k€3k▼
Suppliers440/4€14k€3k▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€228k€9k▼
Income statement
Code20242025
Turnover70€12k-
Non-recurring operating income76A-€317k
Goods, raw materials, services and sundry goods60/61€24k-
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€197▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€490
Gross operating margin9900€-12k€262k▲
Operating profit (loss)9901€-16k€259k▲
Financial income75/76B€6€7▲
Recurring financial income75€6€7▲
Financial charges65/66B€42€66▲
Recurring financial charges65€42€66▲
Profit (loss) for the period before taxes9903€-16k€259k▲
Income taxes67/77-€2
Profit (loss) for the period9904€-16k€259k▲
Profit (loss) for the period to be appropriated9905€-16k€259k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-239k€20k▲
Profit (loss) brought forward from the previous period14P€-223k€-239k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €259k
Net result €259k after 7 loss-making years.
31-12
Financial
Liquidity times 141current ratio 4.11
Current ratio from 0.03 to 4.11; short-term debt falls from €241k to €13k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Filomenastraat 252018 AntwerpenGround area
77 m²
Building footprint
68 m²
Volume, LiDAR
707 m³
Parcel 11806F1277/00K002, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GALERIJ PALJAS
since 19952.036.168.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1277/00K002 | Flanders | 77 m² | 1 · 68 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,660 EUR awarded · 1,660 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,200 EUR | 1,200 EUR |
| 2023 | 1 | 460 EUR | 460 EUR |
Schemes
Professionele kunsten: Tussenkomst in de kosten voor deelname aan een internationaal presentatiemoment (Kunstendecreet 2021)
Similar companies · same sector, comparable size
ATELIER AIMÉE
BE 0742.881.131
Evergem · Eq €40k
SNOKX
BE 0839.410.185
Hechtel-Eksel · Eq €40k
MALUFLO
BE 0826.089.513
Ukkel · Eq €41k
Alles komt wel goed
BE 0680.807.168
Asse · Eq €41k
ON/OFF LAB
BE 0800.911.380
Hannut · Eq €38k
Of 6,654 companies in sector 90111 we hold annual accounts for 384. 307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-02-1988
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.