SWAG
SWAG has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129k and a net result of €11k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 8976 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
| Equity | €129k |
| Net result | €11k |
| Better than sector | 39% |
| Active | 12 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.2% | 55.2% | |
| Net result | €11k | €14k | |
| Equity | €129k | €63k | |
| Gross operating margin | €46k | €35k | |
| Total assets | €307k | €138k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €0 | €0 | €0 | €0 | €0 |
| EBITDA | €43k | €38k | €-563 | €67k | €73k |
| Net profit | €11k | €-4k | €-22k | €41k | €125k |
| Cash flow | €35k | €12k | €-6k | €52k | €134k |
| Staff costs | - | - | - | - | - |
| Income taxes | €4k | €185 | €142 | €11k | €13k |
| Dividends | €5k | - | - | - | €38k |
| Total assets | €307k | €293k | €326k | €300k | €305k |
| Equity | €129k | €123k | €126k | €149k | €107k |
| Debt | €177k | €171k | €200k | €151k | €198k |
| of which ≤ 1y | €53k | €30k | €80k | €23k | €61k |
| of which > 1y | €124k | €141k | €119k | €128k | €137k |
| Working capital | €25k | €16k | €-22k | €57k | €31k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.46 | 1.53 | 0.72 | 3.44 | 1.51 |
| Quick ratio | 1.46 | 1.53 | 0.72 | 3.44 | 1.51 |
| Working capital ratio | 8.1% | 5.3% | -6.9% | 19.0% | 10.3% |
| Solvency | 42.2% | 41.8% | 38.8% | 49.6% | 35.2% |
| Debt / equity | 1.37 | 1.39 | 1.58 | 1.02 | 1.27 |
| Long-term debt ratio | 0.96 | 1.15 | 0.94 | 0.86 | 1.27 |
| Interest coverage | 8.84 | 7.36 | -0.10 | 17.89 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.6% | -1.2% | -6.9% | 13.8% | 40.8% |
| ROE | 8.6% | -2.9% | -17.8% | 27.8% | 116.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €307k | €293k | €326k | €300k | €305k |
| Fixed assets | 21/28 | €229k | €248k | €268k | €220k | €213k |
| Formation expenses | 20 | €0 | €0 | €0 | €0 | €0 |
| Intangible fixed assets | 21 | - | €0 | €11k | - | - |
| Tangible fixed assets | 22/27 | €229k | €248k | €254k | €220k | €213k |
| Financial fixed assets | 28 | - | €0 | €4k | - | - |
| Current assets | 29/58 | €78k | €45k | €58k | €80k | €92k |
| Amounts receivable within one year | 40/41 | €56k | €40k | €36k | €38k | €23k |
| Cash & bank | 54/58 | €11k | €2k | €21k | €39k | €34k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €307k | €293k | €326k | €300k | €305k |
| Equity | 10/15 | €129k | €123k | €126k | €149k | €107k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €109k | €102k | €106k | €128k | €87k |
| Amounts payable | 17/49 | €177k | €171k | €200k | €151k | €198k |
| Amounts payable after one year | 17 | €124k | €141k | €119k | €128k | €137k |
| Amounts payable within one year | 42/48 | €53k | €30k | €80k | €23k | €61k |
| Trade debts payable within one year | 44 | €18k | €4k | €10k | €6k | €6k |
| Income statement | ||||||
| Turnover | 70 | €0 | €0 | €0 | €0 | €0 |
| Gross operating margin | 9900 | €46k | €51k | €2k | €69k | €75k |
| Operating result | 9901 | €20k | €23k | €-17k | €56k | €64k |
| Financial income | 75 | €253 | €3 | €7 | €421 | €393 |
| Financial charges | 65 | €5k | €5k | €5k | €4k | €4k |
| Result before taxes | 9903 | €15k | €-3k | €-22k | €53k | €60k |
| Income taxes | 67/77 | €4k | €185 | €142 | €11k | €13k |
| Net result for the period | 9904 | €11k | €-4k | €-22k | €41k | €48k |
| Result to be appropriated | 9905 | €11k | €-4k | €-22k | €41k | €48k |
| NACE primary | Public relations and communication consultancy(73300) |
| Legal form | Private limited company(610) |
| Incorporation | 23-05-2014 |
| Status | Active |
| Postal code | 1150 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0180/00P000 | Brussels | 8,392 m² | - | - |
| 21683D0344/00E004 | Brussels | 68 m² | 1 · 49 m² | 12.8 m · 4 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-09-2024 Articles of association amended, translation of the articles, coordination of the articles and change of corporate purpose
Technical details
{
"notary": {
"name": "Sibylle FALLA",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-09-25",
"filing_date": "2024-09-23",
"act_kind_objet": "OBJET, STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-09-19",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"object_change"
],
"scope": "full_restatement",
"trigger": "object_change_consequence",
"language_after": "nl",
"language_before": "fr"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0552.908.215",
"name_full_after": "SWAG",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "SWAG",
"current_zetel_raw": "R. de la Station de Woluwe 149 1150 Woluwe-Saint-Pierre",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "L\u0027article 3 des statuts a \u00E9t\u00E9 r\u00E9\u00E9dit\u00E9 pour mettre en conformit\u00E9 avec la r\u00E9solution modifiant l\u0027objet de la soci\u00E9t\u00E9.",
"new_text": "La soci\u00E9t\u00E9 a pour objet, pour compte propre, pour compte de tiers ou en participation, tant en Belgique qu\u0027\u00E0 l\u0027\u00E9tranger :\n- toutes fonctions de consultance et/ou de services li\u00E9es aux domaines de management, du marketing, de la communication, de la finance, de la strat\u00E9gie et de la gestion ;\n - le conseil en relations publiques et en communication (code Nace-Bel 70210) et les conseils et assistanc",
"change_kind": "restated",
"article_title": "Objet",
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sibylle FALLA",
"org_rep_person_name": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"statuts coordonn\u00E9s"
],
"shareholder_rights": null,
"voorwerp_change_summary": "L\u0027objet de la soci\u00E9t\u00E9 a \u00E9t\u00E9 modifi\u00E9 pour s\u0027adapter \u00E0 l\u0027\u00E9largissement de ses activit\u00E9s, incluant d\u00E9sormais des domaines tels que la gestion, l\u0027administration, la formation, l\u0027expertise technique, la photographie, la boulangerie, la location immobili\u00E8re et les activit\u00E9s de cr\u00E8ches.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}| Legal nameFR | SWAG |