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SW Innovation

Active
Private limited companyfounded 2016active for 10 yearsKerselarenweg 1, 3020 Herent, BelgiumKBO/BCE: BE 0656.759.086
Summary

SW Innovation has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €274,625 and a net result of €64,518. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 51% of 37,585 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-06-2016 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.254.595.051 3001 Leuven, since 21-06-2016
Financial year end
31 December
Peppol
Reachable since 10-01-2026

Board and ownership

Board
  • Shi XiaopingDirector
  • Wu MingDirector

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2024
Gross margin
€92,351
▲ 29.3%
Turnover
≈ €190,000
estimated
Profit
€64,518
▲ 100%
Equity
€274,625
▲ 30.7%
Total assets
€466,295
▲ 28.6%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 08-10-2025
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 15-10-2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.03, cash €216,643Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 63% of micro companies in head offices and management consultancy (NACE 70)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 84+1
equity 58.9% of total assets
Liquidity 81+1
short-term debt 41.1% · cash 46.5%
Profitability 86+25
return on assets 13.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.2 percentage points 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%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.03 (2.02 in 2023), above the usual 1.5. Short-term debt is 41.1% and cash 46.5% of total assets. 41.1% of the assets are financed with debt and provisions.
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 54% of them on solvency, 72% on liquidity, 55% on profitability and 73% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 15-10-2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 2.03, cash €216,643
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 69 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
69 days late
2023
61 days late
2022
59 days late
2021
23 days early
2020
6 days late
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 27 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €64,518 7 years View
  • Positive: Equity rose in 2024from €210,107 to €274,625 ▲ 30.7% View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SW Innovation: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €411,000 and €484,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
SW Innovation Herent€466,295€92,351
BE 4 DIFFUSION Grimbergen€442,585€91,389
NLW CONSULT Aarschot€458,983€94,834
STVH CONSULTANCY Keerbergen€483,876€91,455
BSN Consulting Tienen€411,094€96,162
BraSMan Rotselaar€411,465€107,014
NGO CONSULT Overijse€424,821€108,796
Full comparison

Key facts about SW Innovation

What is the company number of SW Innovation?
The company number of SW Innovation is 0656.759.086. The VAT number is the same number with BE in front: BE 0656.759.086.
Where is SW Innovation based?
The registered office is at Kerselarenweg 1, 3020 Herent.Company details
What does SW Innovation do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of SW Innovation?
The legal form of SW Innovation is Private limited company (BV).
When was SW Innovation founded?
SW Innovation was founded on 17-06-2016.
Is SW Innovation still active?
Yes, SW Innovation is an active enterprise in the KBO register.
What is the turnover of SW Innovation?
The turnover in financial year 2024 is ≈ €190,000. This figure is estimated from the gross margin of €92,351 and 119 comparable companies (NACE 70200). It probably lies between €140,000 and €240,000.Financials
Is SW Innovation profitable?
In financial year 2024, SW Innovation made a profit of €64,518.
Where can I find the annual accounts of SW Innovation?
SW Innovation filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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