SW Bouw
ActiveSW Bouw has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €83k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 1193 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+27
Solvency10▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.45 in 2024), and 85.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
14.7%
Return on assets
2.8%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1193 sector peers (2025).
NBB · sector comparisonPosition among 1193 sector peers
Solvency
better than 19%
← 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
on the day
2021
6 d early
2020
18 d early
2019
2 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€437k▲ 23.6%
2024 · €354k
2018: €-11k
2019: €35k
2020: €88k
2021: €165k
2022: €245k
2023: €306k
2024: €354k
2018 → 2025
Total assets
€2.97M▲ 7.7%
2024 · €2.76M
2018: €165k
2019: €423k
2020: €520k
2021: €600k
2022: €2.31M
2023: €2.24M
2024: €2.76M
2018 → 2025
Net result
€83k▲ 73.0%
2024 · €48k
2018: €35k
2019: €46k
2020: €54k
2021: €76k
2022: €81k
2023: €61k
2024: €48k
2018 → 2025
Working capital
€-582k▼ 48.8%
2024 · €-391k
2018: €50k
2019: €37k
2020: €34k
2021: €88k
2022: €-198k
2023: €-194k
2024: €-391k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€245k▲ 48.9%€306k▲ 24.7%€354k▲ 15.8%€437k▲ 23.6%
Operating result€114k-€128k▲ 12.8%€133k▲ 4.0%€134k▲ 0.8%€173k▲ 28.9%
Net result€76k-€81k▲ 5.3%€61k▼ 24.9%€48k▼ 20.3%€83k▲ 73.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 29% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.97M
Fixed assets
€2.61M▲ 7.6%
Current assets
€353k▲ 8.7%
Equity and liabilities €2.97M
Equity
€437k▲ 23.6%
Debt
€2.53M▲ 5.4%
The debt ratio falls from 87.2% to 85.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€291k▲
2024 · €218k
Cash flow
€202k▲
2024 · €132k
Solvency
14.7%▲
2024 · 12.8%
Current ratio
0.38▼
2024 · 0.45
Quick ratio
0.35▼
2024 · 0.43
Debt / equity
5.78▼
2024 · 6.78
ROE
19.1%▲
2024 · 13.6%
ROA
2.8%▲
2024 · 1.8%
Interest coverage
4.50▲
2024 · 3.29
Debt
€2.53M▲
2024 · €2.40M
Debt ≤ 1 year
€935k▲
2024 · €716k
Debt > 1 year
€1.60M▼
2024 · €1.69M
Income taxes
€26k▲
2024 · €21k
Staff costs
€190k▲
2024 · €161k
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€2.76M€2.97M▲
Fixed assets21/28€2.43M€2.61M▲
Tangible fixed assets22/27€2.43M€2.61M▲
Land and buildings22€2.38M€2.54M▲
Plant, machinery and equipment23€40k€39k▼
Furniture and vehicles24€10k€37k▲
Financial fixed assets28€160€160=
Current assets29/58€325k€353k▲
Amounts receivable after more than one year29€26k€26k=
Other amounts receivable291€26k€26k=
Stocks and contracts in progress3€17k€25k▲
Stocks30/36€17k€25k▲
Amounts receivable within one year40/41€277k€282k▲
Trade receivables40€266k€258k▼
Other amounts receivable41€11k€24k▲
Cash at bank and in hand54/58€4k€19k▲
Deferred charges and accrued income490/1€260€800▲
Equity and liabilities
Total equity and liabilities10/49€2.76M€2.97M▲
Equity10/15€354k€437k▲
Contributions10/11€19k€19k=
Reserves13€335k€419k▲
Distributable reserves133€335k€419k▲
Amounts payable17/49€2.40M€2.53M▲
Amounts payable after more than one year17€1.69M€1.60M▼
Financial debts170/4€1.68M€1.58M▼
Other amounts payable178/9€5k€12k▲
Amounts payable within one year42/48€716k€935k▲
Current portion of amounts payable after more than one year42€124k€132k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€494k€628k▲
Suppliers440/4€494k€628k▲
Taxes, remuneration and social security45€49k€65k▲
Taxes450/3€19k€41k▲
Remuneration and social security454/9€29k€24k▼
Other amounts payable47/48-€60k
Income statement
Code20242025
Remuneration, social security and pensions62€161k€190k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€119k▲
Other operating charges640/8€18k€17k▼
Gross operating margin9900€398k€499k▲
Operating profit (loss)9901€134k€173k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€66k€65k▼
Recurring financial charges65€66k€65k▼
Profit (loss) for the period before taxes9903€69k€109k▲
Income taxes67/77€21k€26k▲
Profit (loss) for the period9904€48k€83k▲
Profit (loss) for the period to be appropriated9905€48k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€83k▲
Transfer to equity691/2€48k€83k▲
To other reserves6921€48k€83k▲
Social balance
Average headcount (FTE)90874.14.5▲
The notes to these accounts (9 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €83k ▲73%
Operating result €173k, net result €83k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €245k ▲48.9%
5 profitable years in a row build equity to €245k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €165k ▲86.7%
4 profitable years in a row build equity to €165k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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 2014
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.
Lange Leemstraat 2522018 AntwerpenGround area
1,949 m²
Building footprint
1,285 m²
Volume, LiDAR
7,121 m³
Parcel 11806F1318/00L005, Flanders · tallest building 19.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MINDSPACE
since 20142.232.017.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1318/00L005 | Flanders | 1,949 m² | 1 · 1,285 m² | 19.6 m · 1 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.
Similar companies · same sector, comparable size
GEERT MERTENS SANITAIR, VERWARMING & VENTILATIE
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VAN LOOVEREN JOERI
BE 0696.787.919
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Elvebo Energietechniek
BE 0826.359.133
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VAN HECKE
BE 0418.942.703
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WILLY VAN LAUTEM
BE 0434.768.648
Wemmel · Eq €439k
Of 7,033 companies in sector 43221 we hold annual accounts for 3,468. 2,437 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2014
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
81220Other building cleaning and industrial cleaning
43120Site preparation
43240Other construction installation
43299Specialised construction activities
46831Wholesale of construction materials, general range
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@swbouw.be