SWAKARA
ActiveSummary
SWAKARA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340k and a net result of €53k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84=
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.33 against 3.47 in 2024; short-term debt: 21.9% and cash: 31.4% of total assets), and 23.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.5%
Return on assets
11.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
1 d early
2021
on the day
2020
1 d late
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
€451k
EBIT margin
15.5%
Net result
€53k▲ 8.8%
2024 · €48k
Working capital
€325k▲ 23.2%
2024 · €264k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€451k
Operating result€48k▲ 11.2%€70k▲ 44.4%€60k▼ 14.6%€71k▲ 19.7%€80k▲ 12.4%
Net result€37k▲ 14.3%€45k▲ 21.8%€42k▼ 5.8%€48k▲ 14.1%€53k▲ 8.8%
EBIT margin15.5%
Equity€245k▲ 13.4%€290k▲ 18.4%€328k▲ 12.9%€288k▼ 12.2%€340k▲ 18.3%
Total assets€363k▲ 5.5%€382k▲ 5.3%€401k▲ 4.8%€407k▲ 1.7%€445k▲ 9.2%
Debt€118k▼ 8.0%€92k▼ 21.8%€73k▼ 20.9%€120k▲ 64.0%€105k▼ 12.7%
Working capital€234k▲ 13.5%€275k▲ 17.3%€297k▲ 8.1%€264k▼ 11.2%€325k▲ 23.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets
€23k ▼ 39.0%
Current assets
€422k ▲ 14.1%
Equity and liabilities €445k
Equity
€340k ▲ 18.3%
Debt
€105k ▼ 12.7%
Debt's share of the balance-sheet total falls from 29.4% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▲
2024 · €88k
Cash flow
€68k▲
2024 · €65k
Current ratio
4.33▲
2024 · 3.47
Quick ratio
1.52▲
2024 · 0.48
Debt to equity
0.31▼
2024 · 0.42
ROE
15.5%▼
2024 · 16.8%
ROA
11.9%▼
2024 · 11.9%
Interest coverage
192.24▲
2024 · 27.77
Debt ≤ 1 year
€97k▼
2024 · €107k
Debt > 1 year
€2k▼
2024 · €12k
Income taxes
€27k▲
2024 · €19k
Staff costs
€7k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €451k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €373k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €9k | €7k | €8k | €7k | ▼ 22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €9k | €16k | €16k | €15k | ▼ 7.6% |
| Other operating charges640/8 | - | €942 | €911 | €1k | €1k | ▲ 19.1% |
| Gross operating margin9900 | €62k | €89k | €84k | €97k | €103k | ▲ 6.0% |
| Operating profit (loss)9901 | €48k | €70k | €60k | €71k | €80k | ▲ 12.4% |
| Financial income75/76B | - | - | €35 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €35 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €2k | €2k | €4k | €496 | ▼ 85.9% |
| Recurring financial charges65 | €3k | €2k | €2k | €3k | €496 | ▼ 84.3% |
| Non-recurring financial charges66B | - | - | - | €365 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €45k | €68k | €58k | €68k | €80k | ▲ 17.5% |
| Income taxes67/77 | €8k | €23k | €16k | €19k | €27k | ▲ 39.1% |
| Profit (loss) for the period9904 | €37k | €45k | €42k | €48k | €53k | ▲ 8.8% |
| Profit (loss) for the period to be appropriated9905 | €38k | €45k | €42k | €48k | €53k | ▲ 8.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363k | €382k | €401k | €407k | €445k | ▲ 9.2% |
| Fixed assets21/28 | €22k | €20k | €54k | €37k | €23k | ▼ 39.0% |
| Intangible fixed assets21 | €10 | €10 | €10 | €10 | €10 | = |
| Tangible fixed assets22/27 | €22k | €20k | €54k | €37k | €23k | ▼ 39.1% |
| Plant, machinery and equipment23 | - | €17k | €11k | €6k | €2k | ▼ 75.3% |
| Furniture and vehicles24 | - | €3k | €43k | €31k | €21k | ▼ 31.9% |
| Current assets29/58 | €341k | €362k | €346k | €370k | €422k | ▲ 14.1% |
| Stocks and contracts in progress3 | €293k | €288k | €303k | €319k | €274k | ▼ 14.0% |
| Stocks30/36 | - | €288k | €303k | €319k | €274k | ▼ 14.0% |
| Amounts receivable within one year40/41 | €176 | - | €676 | €2k | €8k | ▲ 303% |
| Trade receivables40 | - | - | €676 | €2k | €8k | ▲ 303% |
| Other amounts receivable41 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €48k | €74k | €42k | €49k | €140k | ▲ 187% |
| Deferred charges and accrued income490/1 | - | - | €378 | €253 | €385 | ▲ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363k | €382k | €401k | €407k | €445k | ▲ 9.2% |
| Equity10/15 | €245k | €290k | €328k | €288k | €340k | ▲ 18.3% |
| Contributions10/11 | - | €107k | €107k | €19k | €19k | = |
| Reserves13 | €138k | €183k | €221k | €269k | €322k | ▲ 19.6% |
| Non-distributable reserves130/1 | - | €4k | €4k | €0 | - | - |
| Reserves not available under the articles1311 | - | €4k | €4k | €0 | - | - |
| Distributable reserves133 | - | €179k | €217k | €269k | €322k | ▲ 19.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €118k | €92k | €73k | €120k | €105k | ▼ 12.7% |
| Amounts payable after more than one year17 | €11k | €5k | €22k | €12k | €2k | ▼ 85.5% |
| Financial debts170/4 | - | €5k | €22k | €12k | €2k | ▼ 85.5% |
| Amounts payable within one year42/48 | €107k | €87k | €50k | €107k | €97k | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | - | €6k | €15k | €10k | €10k | ▲ 2.5% |
| Trade debts44 | €14k | €22k | €5k | €5k | €3k | ▼ 27.1% |
| Suppliers440/4 | - | €22k | €5k | €5k | €3k | ▼ 27.1% |
| Taxes, remuneration and social security45 | - | €30k | €19k | €22k | €25k | ▲ 14.1% |
| Taxes450/3 | - | €30k | €19k | €22k | €25k | ▲ 14.1% |
| Other amounts payable47/48 | - | €29k | €11k | €70k | €58k | ▼ 16.2% |
| Accrued charges and deferred income492/3 | - | €113 | €1k | €1k | €5k | ▲ 384% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €45k | €42k | €48k | €53k | ▲ 8.8% |
| + Depreciation and write-downs630 | €8k | €9k | €16k | €16k | €15k | ▼ 7.6% |
| Operating cash flow (approximation) | €45k | €55k | €58k | €65k | €68k | ▲ 4.7% |
| Investment in fixed assets (approximation) | - | €-8k | €-50k | €365 | €-590 | ▼ 262% |
| Change in cash | - | €26k | €-32k | €6k | €91k | ▲ 1,304% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €53k ▲8.8%
Operating result €80k, net result €53k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Equity above €200kEq €216k ▲12.4%
2 profitable years in a row build equity to €216k.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nieuwpoort · 1 establishment unit since 2008
Ground area
808 m²
Building footprint
477 m²
Volume, LiDAR
6,503 m³
Parcel 38402D0051/00Y000, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
SWAKARA
since 20082.172.008.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0051/00Y000 | Flanders | 808 m² | 1 · 477 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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100% SISTERS
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Of 2,213 companies in sector 47711 we hold annual accounts for 887. 574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-07-2008
Fiscal year end30-06
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47712Retail trade
47715Retail trade
47722Retail trade
Contact
Phone
058/620438Nieuwpoort
Scores and ratios are computed by Checked and are not a credit decision.