Equity
-€30,909
Debts exceed assets in financial year 2025.
SW2
Lifetime
2 annual accounts with figures on one time axispeak -€1,248 (2024)
-€25,359▼ €24,111
lowest -€32,447 (2025)
-€32,447▼ €30,986
peak €1,539 (2024)
-€30,909▼ €32,447
€205,255▲ 23×
Board2 names since 2023
2 directorsSTALPORT Benoit Philippe France and 1 other
Documentsfilings and deeds
10-11-202510 days late
2025micro format
Gross margin from -€1,248 to -€25,359Loss of €32,447Equity from €1,539 to -€30,909Debts from €9,043 to €205,255Investments €130,700Cash from €1,697 to €7,877
Key points
from the 2025 annual accountsLosses
-€33,909 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€205,255 118% of the balance sheet
Financial debts 53%Suppliers 19%Taxes and wages 0%Other 27%
Of this, €96,412 falls due within a year.
Investments
€130,187 22.3 × depreciation
Green is investment, beige is depreciation.
Starting capital
€3,000 150 shares
Position in the sector
-€32,447
Lower net result than 90% of companies in sports and recreation. Sector median €3,711 · 2,877 companies.
2026 accounts not filed, 10 days past the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 13% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.3%lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.6%▲ +0.2 percentage points vs 10-2025
12-2025: 1.0%▲ +0.4 percentage points vs 11-2025
01-2026: 1.1%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.0%▼ -0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.3%▲ +0.2 percentage points vs 09-2026
11-2026: 1.6%▲ +0.3 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Figures for financial year 2025 (filed on 13-11-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 10 days late
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Size: total assets €174,346
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 93, micro). It does better than 19% of them on solvency, 23% on liquidity, 7% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as SW2 has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SW2 itself is lower: 1.6% within 12 months. It rests on far more data about SW2 than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for SW2. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.43 (0.2 in 2024), below 1. Short-term debt is 55.3% and cash 4.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€30,909
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 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 · 2 filingsDeviation from the deadline
2026
not filed
2025
10 days late
2024
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 4 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- STALPORT Benoit Philippe France 50 sharesdeed of 18-12-2023
- WEIJENBERG Raphaël Jean Marie 50 sharesdeed of 18-12-2023
- WEIJENBERG Stéphanie Carine Frédérique 50 sharesdeed of 18-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003389378
Incorporation
Founding capital of €3,000, 150 shares · Founders: STALPORT Benoit Philippe France, WEIJENBERG Raphaël Jean Marie and WEIJENBERG Stéphanie Carine Frédérique · Appointments: STALPORT Benoit Philippe France (director) and WEIJENBERG Stéphanie Carine Frédérique (director) · published on 18-12-2023 · Gazette deed
First establishment
Rue du Pot-d'Or 30, Liège
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SW2 Liège | €174,346 | -€25,359 | -17.7% | - |
| MOB G Amay | €140,732 | -€6,244 | 67.0% | - |
| SIMULATRIX Beveren-Kruibeke-Zwijndrecht | €161,853 | €559 | -63.9% | - |
| Jupiter games Genk | €231,990 | -€60,015 | 4.2% | 2.5 |
| CharleGames Charleroi | €123,995 | -€1,719 | -24.0% | - |
| M&N's 84 Mons | €182,558 | -€607 | 16.0% | - |
| AMIGEAU Aalst | €108,547 | -€7,508 | 30.6% | - |
These companies have the same main activity as SW2: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €109,000 and €232,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 14-12-2023Normal situation
- Activity
- Other amusement and recreation activitiesNACE 93299and 2 others
- Establishment unit
- 2.356.667.3594000 Liège, since 14-12-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 21-12-2025
Insights on SW2
The computed 12-month bankruptcy probability of SW2 is 1.6% (moderate). The 2025 annual accounts show negative equity (-€30,909) and a net result of -€32,447.
Its solvency ranks better than 20% of 2,882 sector peers (NACE 93, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 SW2
- What is the company number of SW2?
- The company number of SW2 is 1003.389.378. The VAT number is the same number with BE in front: BE 1003.389.378.
- Where is SW2 based?
- The registered office is at Rue Lambert-le-Bègue 19, 4000 Liège.Company details
- What does SW2 do?
- According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
- What is the legal form of SW2?
- SW2 is a private limited company (BV).
- When was SW2 founded?
- SW2 was founded on 14-12-2023.
- Is SW2 still active?
- Yes, SW2 is an active enterprise in the KBO register.
- What is the turnover of SW2?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SW2 profitable?
- In financial year 2025, SW2 made a loss of €32,447.
- Where can I find the annual accounts of SW2?
- SW2 filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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