SW MANAGEMENT SOLUTION (0748.805.752): financials and annual accounts

SW MANAGEMENT SOLUTION

Ixelles ·KBO/BCE: BE 0748.805.752

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	28,548	64,797	59,764	117,483	43,941
Formation expenses`20`	-	0	129	558	987
Fixed assets`21/28`	4,965	0	990	1,153	345
Tangible fixed assets`22/27`	4,965	0	-	163	345
Land and buildings`22`	4,965	-	-	-	-
Plant, machinery and equipment`23`	-	-	-	163	345
Other tangible fixed assets`26`	-	0	-	-	-
Financial fixed assets`28`	-	-	990	990	-
Current assets`29/58`	23,583	64,797	58,645	115,772	42,608
Stocks and contracts in progress`3`	10,754	10,754	20,215	21,291	2,151
Stocks`30/36`	10,754	10,754	20,215	21,291	2,151
Amounts receivable within one year`40/41`	10,174	19,210	16,060	39,084	22,466
Trade receivables`40`	146	18,223	8,941	17,953	18,260
Other amounts receivable`41`	10,028	987	7,119	21,131	4,206
Cash at bank and in hand`54/58`	2,655	33,846	19,237	55,397	17,992
Deferred charges and accrued income`490/1`	-	987	3,133	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	28,548	64,797	59,764	117,483	43,941
Equity`10/15`	3,439	-19,734	14,717	55,622	32,026
Contributions`10/11`	8,000	8,000	8,000	8,000	8,000
Capital`10`	-	8,000	8,000	8,000	8,000
Issued capital`100`	-	8,000	8,000	8,000	8,000
Reserves`13`	1,600	1,600	1,600	1,600	800
Non-distributable reserves`130/1`	1,600	1,600	1,600	1,600	800
Legal reserve`130`	-	1,600	1,600	1,600	800
Reserves not available under the articles`1311`	1,600	-	-	-	-
Profit (loss) carried forward`14`	-6,161	-29,334	5,117	46,022	23,226
Amounts payable`17/49`	25,108	84,531	45,047	61,861	11,915
Amounts payable within one year`42/48`	25,108	82,880	45,047	52,698	11,915
Trade debts`44`	3,707	3,818	2,428	19,732	-
Suppliers`440/4`	3,707	3,818	2,428	19,732	-
Taxes, remuneration and social security`45`	21,402	79,062	42,619	32,966	11,915
Taxes`450/3`	21,402	66,732	25,301	17,450	6,131
Remuneration and social security`454/9`	-	12,330	17,318	15,516	5,783
Accrued charges and deferred income`492/3`	-	1,650	-	9,163	-
Income statement
Turnover`70`	192,000	198,000	144,245	215,414	195,562
Non-recurring operating income`76A`	3,703	-	36	-	-
Gross operating margin`9900`	146,836	128,549	136,320	197,164	156,772
Goods, raw materials, services and sundry goods`60/61`	48,867	59,451	7,925	18,250	38,790
Remuneration, social security and pensions`62`	95,709	118,826	110,872	111,075	96,587
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	35	129	163	1,540	1,518
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	1,076	1,076	2,034
Other operating charges`640/8`	1,222	3,281	14,244	26,375	25,456
Operating profit (loss)`9901`	49,871	6,313	9,965	57,098	31,177
Financial charges`65/66B`	1,473	346	280	400	1,019
Recurring financial charges`65`	1,473	346	280	400	1,019
Profit (loss) for the period before taxes`9903`	48,397	5,967	9,685	56,698	30,158
Income taxes`67/77`	25,224	35,301	4,568	9,876	6,131
Profit (loss) for the period`9904`	23,173	-29,334	5,117	46,822	24,026
Transfer to tax-exempt reserves`689`	-	-	-	800	800
Profit (loss) for the period to be appropriated`9905`	23,173	-29,334	5,117	46,022	23,226
Appropriation of the result
Profit (loss) to be appropriated`9906`	-6,161	-29,334	5,117	46,022	23,226
Profit (loss) brought forward from the previous period`14P`	-29,334	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	14-10-2026	2026-00556299	PDF
31-12-2024	abbreviated format	13-10-2026	2026-00555069	PDF
31-12-2024	micro format	01-11-2025	2025-00558573	PDF
31-12-2023	micro format	19-08-2024	2024-00349889	PDF
31-12-2022	micro format	19-08-2024	2024-00349503	PDF
31-12-2021	micro format	13-06-2023	2023-00122211	PDF

Line	2025	2024	2023	2022	2021
EBITDA	49,905	6,442	10,128	58,638	32,695
Cash flow	23,208	-29,205	5,280	48,362	25,544
Investment in fixed assets (approximation)	5,000	-861	0	2,348	535
Change in cash	-31,191	14,609	-36,160	37,405	-
Working capital	-1,526	-18,083	13,598	63,074	30,694
EBIT margin	26.0%	3.2%	6.9%	26.5%	15.9%
Solvency	12.0%	-30.5%	24.6%	47.3%	72.9%
Current ratio	0.94	0.78	1.30	2.20	3.58
Quick ratio	0.51	0.65	0.85	1.79	3.40
Debt to equity	7.30	-	3.06	1.11	0.37
ROE	673.8%	-	34.8%	84.2%	75.0%
ROA	81.2%	-45.3%	8.6%	39.9%	54.7%
Interest coverage	33.87	18.61	36.17	over 100	32.09
Customer credit	0 days	34 days	23 days	30 days	34 days
Supplier credit	28 days	23 days	112 days	395 days	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€5,000	-	-	€1,358	€535
Financial fixed assets	-	-	-	€990	-
Depreciation and write-downs of the year	€35	€129	€163	€1,540	€1,518

SW MANAGEMENT SOLUTION

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency12.0%

Current ratio0.94

Return on assets81.2%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SW MANAGEMENT SOLUTION

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