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SW-PROJECTS

Active Private limited companyfounded 2015active for 11 yearsSint-Martinusstraat (Vechm.) 21, 3870 HeersKBO/BCE: BE 0642.839.289

Lifetime

10 annual accounts with figures on one time axis
peak €19,901 (2023)
€19,849▲ 76.9%
lowest -€8,305 (2020)
€11,051▲ 262%
peak €47,137 (2025)
€47,137▲ 30.6%
€96,123▲ 16.2%
Board1 name since 2015
1 director
Documentsfilings and deeds
04-08-20264 days late
2025abbreviated format
Gross margin from €11,221 to €19,849Result from €3,051 to €11,051Equity from €36,085 to €47,137Debts from €82,715 to €96,123

Key points

from the 2025 annual accounts

Equity

€47,137 ▲ 30.6%

SW-PROJECTS has made a profit without a break since 2021.

Filings

10 annual accounts 9 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 53 days after the end of the period.

Position in the sector

€47,137

Less equity than 85% of companies in specialised construction. Sector median €340,458 · 9,273 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as SW-PROJECTS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,691 companies, not a prediction for SW-PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director, since 12-11-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0642839289
Change of role: , from manager to director Director discharge: · Gazette deed
Incorporation Founder: · Founding capital of €18,600, 100 shares, €12,400 paid up · Appointment: (manager) · published on 16-11-2015 · Gazette deed
First establishment Sint-Martinusstraat (Vechm.) 21, Heers
All 17 events

Comparable companies

same main activity, similar in size and age
Company
SW-PROJECTS Heers €143,260 €19,849 32.9% -
Styling Decor Interieur Wevelgem €119,832 €20,170 55.0% -
PRINCEN STIJN Tongeren-Borgloon €115,568 €20,162 76.3% -
ALBA DECOR Ostend €115,035 €19,410 46.0% -
MINEO INVEST CONSTRUCT Ans €141,499 €14,113 37.9% -
H MADE Fontaine-l'Evêque €158,561 €25,473 31.8% -
ELASTISCHE VOEGWERKEN CABRERA Staden €136,589 €28,105 43.4% -

These companies have the same main activity as SW-PROJECTS: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €115,000 and €159,000, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 12-11-2015Normal situation
Activity
Bricklaying and masonry workNACE 43910and 3 others
Establishment unit
2.248.070.6143870 Heers, since 12-11-2015
Financial year end
31 December
Peppol
Reachable since 02-12-2025
Company details

Annual accounts 2025

≈ €290,000estimated
€143,260▲ 20.6%
Filing
Filed on 04-08-2026
Financials

Insights on SW-PROJECTS

SW-PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €7,612 in 2016 to €19,849 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SW-PROJECTS

What is the company number of SW-PROJECTS?
The company number of SW-PROJECTS is 0642.839.289. The VAT number is the same number with BE in front: BE 0642.839.289.
Where is SW-PROJECTS based?
The registered office is at Sint-Martinusstraat (Vechm.) 21, 3870 Heers.Company details
What does SW-PROJECTS do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of SW-PROJECTS?
SW-PROJECTS is a private limited company (BV).
When was SW-PROJECTS founded?
SW-PROJECTS was founded on 12-11-2015.
Is SW-PROJECTS still active?
Yes, SW-PROJECTS is an active enterprise in the KBO register.
What is the turnover of SW-PROJECTS?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €19,849 and 49 comparable companies (NACE 439). It probably lies between €170,000 and €710,000. It is a rough estimate.Financials
Is SW-PROJECTS profitable?
In financial year 2025, SW-PROJECTS made a profit of €11,051.
Where can I find the annual accounts of SW-PROJECTS?
SW-PROJECTS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SW-PROJECTS due?
SW-PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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