Checked.be
Active
BE 0802.583.839Private limited company
SAWA CONNECT
Forumlaan 13 ·1020 Brussel, Belgium· 3 yrs active
Sector: Overige bouwinstallatie
(43240)
Conclusion
The computed 12-month bankruptcy probability of SAWA CONNECT is 5.7% (elevated). The 2024 annual accounts show equity of €7k and a net result of €4k. Its solvency ranks better than 41% of 499 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €7k |
| Net result | €4k |
| Staff (FTE) | 3 |
| Better than sector | 41% |
Financial profile
77
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
78
Profitability
100
Solvency
51
Growth
-
Stability
79
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
78
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-12-2025 with the NBB · fiscal year 2024 · full schema
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.0% | 36.6% | |
| Net result | €4k | €19k | |
| Equity | €7k | €90k | |
| Gross operating margin | €78k | €111k | |
| Staff costs | €62k | €150k |
Figures by fiscal year and ratios
| Fiscal year | 2024 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €9k |
| Net profit | €4k |
| Cash flow | €5k |
| Staff costs | €62k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €22k |
| Equity | €7k |
| Debt | €15k |
| of which ≤ 1y | €15k |
| of which > 1y | - |
| Working capital | €3k |
| Employees (FTE) | 3.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.18 |
| Quick ratio | 1.18 |
| Working capital ratio | 12.3% |
| Solvency | 30.0% |
| Debt / equity | 2.33 |
| Long-term debt ratio | - |
| Interest coverage | 39.49 |
| Gross margin | - |
| Net margin | - |
| ROA | 17.6% |
| ROE | 58.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €22k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Financial fixed assets | 28 | €165 |
| Current assets | 29/58 | €18k |
| Amounts receivable within one year | 40/41 | €10k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €4k |
| Amounts payable | 17/49 | €15k |
| Amounts payable within one year | 42/48 | €15k |
| Trade debts payable within one year | 44 | €643 |
| Income statement | ||
| Gross operating margin | 9900 | €78k |
| Operating result | 9901 | €8k |
| Financial charges | 65 | €238 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
Legal Structure
| NACE primary | Overige bouwinstallatie(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 09-06-2023 |
| Status | Active |
| Postal code | 1020 |
Establishment units
SAWACONNECT
since 20232.347.703.470
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0225/00Z000 | Brussels | 1.1 ha | 1 · 1,147 m² | 48.0 m · 15 fl. |
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.
Updates
2026
09-02-2026 State Gazette act Registered-office change
v3.2
2025
26-12-2025 NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
13-06-2023 State Gazette act Incorporation
oprichting
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
09-02-2026
v3.2
All acts · 2
updated 6 months ago
2026
09-02-2026 Registered office moved from Anderlecht to Laeken
- Rue Bollinckx 15, 1070 Anderlecht → Avenue du Forum 13, 1020 Laeken
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Laeken",
"region": "Brussels",
"street": "Avenue du Forum",
"country": "BE",
"postcode": "1020",
"box_number": "35",
"street_number": "13"
},
"old_address": {
"city": "Anderlecht",
"region": "Brussels",
"street": "Rue Bollinckx",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "15"
},
"effective_date": "2025-12-15",
"evidence_quote": "Article 1- Transfert du si\u00E8ge social Le si\u00E8ge social de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 de: Rue Bollinckx 15. 1070 Anderlecht \u00E0 Avenue du Forum 13, bo\u00EEte 35, 1020 Laeken (Bruxelles)."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0802.583.839",
"name_full": "SAWA CONNECT",
"legal_form": "SRL"
}
}2023
13-06-2023 Incorporation of a new SRL
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "1070 Anderlecht, Rue Bollinckx 15",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "MOUKRIM Abdela\u00E2ziz",
"niss": null,
"address": "1020 Bruxelles, avenue du Forum 13/b035"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "MOUKRIM Abdela\u00E2ziz",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0802.583.839",
"name_full": "SAWA CONNECT",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2023-05-30",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
Algemene elektrotechnische installatiewerken43211Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200
Names & trade names
| Legal nameFR | SAWA CONNECT |
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