Skip to content

SWAN-C

Active
Private limited company (pre-2019)founded 201510 yrs activeMaldersesteenweg 108, 1840 Londerzeel, BelgiumKBO/BCE: BE 0644.495.615
Summary

For SWAN-C, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €61,657 and a net result of €6,455. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 13857 sector peers (fiscal year 2021). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability78▼-22
Solvency93▲+8
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021
Solvency, return and age of the figures
Solvency
67.6%
Return on assets
7.1%
Age of the figures
60 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline30-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 26-07-2022, 87 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
87 d late
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing

History

On 14 December 2015, SWAN-C was incorporated.1 Total assets went from EUR 219,719 in 2018 to EUR 91,265 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€61,657▲ 11.7%
2020 · €55,202
Total assets
€91,265▼ 0.8%
2020 · €91,977
Net result
€6,455▼ 72.7%
2020 · €23,614
Working capital
€39,123▲ 36.8%
2020 · €28,595
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€25,333-€33,945▲ 34.0%€33,945=€9,284▼ 72.7%
Net result€12,611-€23,614▲ 87.2%€23,614=€6,455within the sector's middle half▼ 72.7%
Equity€28,613-€52,227▲ 82.5%€55,202▲ 5.7%€61,657within the sector's middle half▲ 11.7%
Total assets€219,719-€219,719=€91,977▼ 58.1%€91,265within the sector's middle half▼ 0.8%
Debt€198,717-€191,106▼ 3.8%€36,776▼ 80.8%€29,608▼ 19.5%
Working capital-€165,303--€124,433▲ 24.7%€28,595€39,123within the sector's middle half▲ 36.8%
Solvency13.0%-23.8%▲ 10.7pp60.0%▲ 36.2pp67.6%within the sector's middle half▲ 7.5pp
Current ratio0.16-0.34▲ 0.181.78▲ 1.442.32within the sector's middle half▲ 0.54
Return on assets (ROA)5.7%-10.7%▲ 5.0pp25.7%▲ 14.9pp7.1%within the sector's middle half▼ 18.6pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2018: €25,333€25,333Net result 2018: €12,611€12,611Operating result 2019: €33,945€33,945Net result 2019: €23,614€23,614Operating result 2020: €33,945€33,945Net result 2020: €23,614€23,614Operating result 2021: €9,284€9,284Net result 2021: €6,455€6,4552018201920202021€0€10,000€20,000€30,000Operating result 2019: €33,945€33,900Net result 2019: €23,614€23,600Operating result 2020: €33,945€33,900Net result 2020: €23,614€23,600Operating result 2021: €9,284€9,280Net result 2021: €6,455€6,460201920202021
The operating result falls in 2021; 2021 is 73% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €91,265
Fixed assets €22,534 ▼ 32.8%
Current assets €68,731 ▲ 5.7%
Equity and liabilities €91,265
Equity €61,657 ▲ 11.7%
Debt €29,608 ▼ 19.5%
Debt's share of the balance-sheet total falls from 40.0% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€11,093▼
2020 · €37,913
Cash flow
€8,265▼
2020 · €27,582
Debt to equity
0.48
ROE
10.5%▼
2020 · 42.8%
Interest coverage
19.30
Debt ≤ 1 year
€29,608▼
2020 · €36,428
Income taxes
€2,253▼
2020 · €8,478
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 49 lines
Balance sheet Code20202021
Assets
Total assets20/58€91,977€91,265▼
Formation expenses20€0-
Fixed assets21/28€33,557€22,534▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€33,557€22,534▼
Land and buildings22-€20,398
Plant, machinery and equipment23-€1,458
Furniture and vehicles24-€678
Financial fixed assets28€0-
Current assets29/58€65,023€68,731▲
Stocks and contracts in progress3€27,992-
Amounts receivable within one year40/41€43,160€31,502▼
Trade receivables40-€31,502
Current investments50/53€0-
Cash at bank and in hand54/58€30,829€27,472▼
Deferred charges and accrued income490/1-€9,758
Equity and liabilities
Total equity and liabilities10/49€91,977€91,265▼
Equity10/15€55,202€61,657▲
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Other1109/19-€6,200
Reserves13€10,860€10,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Tax-exempt reserves132-€9,000
Profit (loss) carried forward14€38,142€44,597▲
Amounts payable17/49€36,776€29,608▼
Amounts payable within one year42/48€36,428€29,608▼
Trade debts44€22,217€8,456▼
Suppliers440/4-€8,456
Taxes, remuneration and social security45-€11,433
Taxes450/3-€8,433
Remuneration and social security454/9-€3,000
Other amounts payable47/48-€9,719
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,969€1,810▼
Other operating charges640/8-€521
Non-recurring operating charges66A-€238
Gross operating margin9900€38,690€11,853▼
Operating profit (loss)9901€33,945€9,284▼
Recurring financial income75€0-
Financial charges65/66B-€575
Recurring financial charges65€1,853€575▼
Profit (loss) for the period before taxes9903€32,092€8,709▼
Income taxes67/77€8,478€2,253▼
Profit (loss) for the period9904€23,614€6,455▼
Profit (loss) for the period to be appropriated9905€23,614€6,455▼
Appropriation of the result
Profit (loss) to be appropriated9906-€44,597
Profit (loss) brought forward from the previous period14P-€38,142
Return on contributions (dividend)694€0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,286€3,491€3,969€1,810▼ 54.4%
Other operating charges640/8---€521-
Non-recurring operating charges66A---€238-
Gross operating margin9900€41,961€38,690€38,690€11,853▼ 69.4%
Operating profit (loss)9901€25,333€33,945€33,945€9,284▼ 72.7%
Recurring financial income75€6€6€0--
Financial charges65/66B---€575-
Recurring financial charges65€10,959€10,959€1,853€575▼ 69.0%
Profit (loss) for the period before taxes9903€18,311€32,092€32,092€8,709▼ 72.9%
Income taxes67/77€5,700€8,478€8,478€2,253▼ 73.4%
Profit (loss) for the period9904€12,611€23,614€23,614€6,455▼ 72.7%
Profit (loss) for the period to be appropriated9905€7,611€23,614€23,614€6,455▼ 72.7%
Line2018201920202021Change
Assets
Total assets20/58€219,719€219,719€91,977€91,265▼ 0.8%
Formation expenses20€0€0€0--
Fixed assets21/28€187,880€187,880€33,557€22,534▼ 32.8%
Intangible fixed assets21€0€0€0--
Tangible fixed assets22/27€187,880€187,880€33,557€22,534▼ 32.8%
Land and buildings22---€20,398-
Plant, machinery and equipment23---€1,458-
Furniture and vehicles24---€678-
Financial fixed assets28€0€0€0--
Current assets29/58€32,142€65,023€65,023€68,731▲ 5.7%
Stocks and contracts in progress3€0€27,992€27,992--
Amounts receivable within one year40/41€24,441€17,395€43,160€31,502▼ 27.0%
Trade receivables40---€31,502-
Current investments50/53€0€0€0--
Cash at bank and in hand54/58€14,443€30,829€30,829€27,472▼ 10.9%
Deferred charges and accrued income490/1---€9,758-
Equity and liabilities
Total equity and liabilities10/49€219,719€219,719€91,977€91,265▼ 0.8%
Equity10/15€28,613€52,227€55,202€61,657▲ 11.7%
Contributions10/11€6,200€6,200€6,200€6,200=
Outside capital11---€6,200-
Other1109/19---€6,200-
Reserves13€10,860€10,860€10,860€10,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Tax-exempt reserves132---€9,000-
Profit (loss) carried forward14€11,553€35,167€38,142€44,597▲ 16.9%
Amounts payable17/49€198,717€191,106€36,776€29,608▼ 19.5%
Amounts payable within one year42/48€197,446€189,456€36,428€29,608▼ 18.7%
Trade debts44€7,954€2,740€22,217€8,456▼ 61.9%
Suppliers440/4---€8,456-
Taxes, remuneration and social security45---€11,433-
Taxes450/3---€8,433-
Remuneration and social security454/9---€3,000-
Other amounts payable47/48---€9,719-
Line2018201920202021Change
Profit (loss) for the period9904€12,611€23,614€23,614€6,455▼ 72.7%
+ Depreciation and write-downs630€20,286€3,491€3,969€1,810▼ 54.4%
Operating cash flow (approximation)€32,897€27,105€27,582€8,265▼ 70.0%
Investment in fixed assets (approximation)--€3,491€150,354€9,214▼ 93.9%
Change in cash-€16,386€0-€3,357-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
28-08
KBO administration Late accounts filing
event 18-08-2026
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
30-09
Financial Weakest financial yearnet €6,455 ▼72.7%
Net result drops to €6,455, the lowest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Liquidity times 5current ratio 1.78
Current ratio from 0.34 to 1.78; short-term debt falls from €189,456 to €36,428.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Londerzeel · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,070 m²
Building footprint
181 m²
Volume, LiDAR
984 m³
Parcel 23045A0319/00R000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
0644495615
Maldersesteenweg 108, 1840 LonderzeelNACE 45112
since 20152.248.751.592
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23045A0319/00R000 Flanders 1,070 m² 1 · 181 m² 7.8 m · 2 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.

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,397. 15,476 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 (pre-2019)
Founded14-12-2015
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0644495615
Also 9925:BE0644495615
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.