SW Project M
ActiveSummary
SW Project M has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,161 and a net result of -€3,432. Equity has been stable since 2019 (±0.6% per year). Its solvency ranks better than 34% of 1,257 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 18-05-2009 Normal situation
- Activity
- Civil engineering NACE 42990and 5 others
- Establishment unit
- 2.178.319.397 2390 Malle, since 14-05-2009
- Financial year end
- 30 September
- Peppol
- Reachable since 14-01-2026
Board and ownership
- SwimwiseDirector · since 22-12-2025 · permanent representative Lecoque,Christophe Maurice Carine
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €7,680
- ▼ 74.8%
- Turnover
- ≈ €59,000
- estimated
- Loss
- €3,432
- Equity
- €28,161
- ▼ 10.9%
- Total assets
- €90,929
- ▼ 33.9%
- 2025 accounts filed 34 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.82, cash €86, halvedLast filed accounts filed 34 days late; 1 of the last 3 accounts lateLoss of €3,432 (financial year 2025)lowers riskFounded in 2009Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 42, micro). It does better than 35% of them on solvency, 18% on liquidity, 18% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from RMCD to SW Project MResignation: Gastronovie (manager) · Appointment: SWIMWISE (director) · Permanent representative: Lecoque,Christophe Maurice Carine
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as SW Project M: civil engineering (NACE 42990). They are comparable in size and age: total assets between €24,300 and €203,000, founded between 2005 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| SW Project M Malle | €90,929 | €7,680 |
| LT&S Geel | €51,864 | €9,073 |
| NP Projects Moorslede | €177,081 | €11,847 |
| Geert zwembaden Beringen | €98,915 | €1,720 |
| GR-ZWEMBADEN Lievegem | €137,034 | €31,895 |
| TEMS ZWEMBADEN Lille | €203,136 | €20,262 |
| E-CONSULTING Dendermonde | €24,339 | €11,398 |
Key facts about SW Project M
- What is the company number of SW Project M?
- The company number of SW Project M is 0811.790.129. The VAT number is the same number with BE in front: BE 0811.790.129.
- Where is SW Project M based?
- The registered office is at Salphensebaan 6, 2390 Malle.Company details
- What does SW Project M do?
- According to the KBO register, the main activity is civil engineering (NACE 42990).
- What is the legal form of SW Project M?
- The legal form of SW Project M is Private limited company (BV).
- When was SW Project M founded?
- SW Project M was founded on 18-05-2009.
- Is SW Project M still active?
- Yes, SW Project M is an active enterprise in the KBO register.
- What is the turnover of SW Project M?
- The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €7,680 and 6,321 comparable companies of the same size. It probably lies between €27,000 and €140,000. It is a rough estimate.Financials
- Is SW Project M profitable?
- In financial year 2025, SW Project M made a loss of €3,432.
- Where can I find the annual accounts of SW Project M?
- SW Project M filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SW Project M due?
- SW Project M must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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