SWANNIES
ActiveThe computed 12-month bankruptcy probability of SWANNIES is 2.8% (moderate). The 2024 annual accounts show equity of €9k and a net result of €356. Equity is shrinking by ~13% per year across the filed fiscal years. Its solvency ranks better than 28% of 36376 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy▲ +32 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▲+21
Solvency47▲+2
Growth32=
Stability94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.31 in 2023), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
26.9%
Return on assets
1.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
57 d late
2022
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€9k▲ 4.3%
2023 · €8k
2022: €11k
2023: €8k
2022 → 2024
Total assets
€32k▼ 1.6%
2023 · €33k
2022: €25k
2023: €33k
2022 → 2024
Net result
€356
2023 · €-3k
2022: €8k
2023: €-3k
2022 → 2024
Working capital
€6k▼ 20.1%
2023 · €8k
2022: €10k
2023: €8k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€11k-€8k▼ 24.0%€9k▲ 4.3%
Operating result€11k-€-2k€474
Net result€8k-€-3k€356
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €474 after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets
€3k▲ 257%
Current assets
€29k▼ 7.5%
Equity and liabilities €32k
Equity
€9k▲ 4.3%
Debt
€23k▼ 3.6%
The debt ratio falls from 74.7% to 73.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€853▲
2023 · €-2k
Cash flow
€735▲
2023 · €-2k
Solvency
26.9%▲
2023 · 25.3%
Current ratio
1.26▼
2023 · 1.31
Quick ratio
0.42▼
2023 · 1.31
Debt / equity
2.72▼
2023 · 2.95
ROE
4.1%▲
2023 · -31.5%
ROA
1.1%▲
2023 · -8.0%
Interest coverage
6.95▲
2023 · -5.13
Debt
€23k▼
2023 · €24k
Debt ≤ 1 year
€23k▼
2023 · €24k
Staff costs
€18▼
2023 · €685
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€32k▼
Fixed assets21/28€729€3k▲
Tangible fixed assets22/27€729€3k▲
Plant, machinery and equipment23€219€86▼
Furniture and vehicles24€509€3k▲
Current assets29/58€32k€29k▼
Stocks and contracts in progress3-€20k
Contracts in progress37-€20k
Amounts receivable within one year40/41€31k€9k▼
Trade receivables40€29k€9k▼
Other amounts receivable41€3k€354▼
Cash at bank and in hand54/58€641€606▼
Equity and liabilities
Total equity and liabilities10/49€33k€32k▼
Equity10/15€8k€9k▲
Contributions10/11€3k€3k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-3k€-2k▲
Amounts payable17/49€24k€23k▼
Amounts payable within one year42/48€24k€23k▼
Trade debts44€254€343▲
Suppliers440/4€254€343▲
Taxes, remuneration and social security45-€87
Taxes450/3-€87
Other amounts payable47/48€24k€23k▼
Income statement
Code20232024
Remuneration, social security and pensions62€685€18▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€317€379▲
Other operating charges640/8€732€118▼
Gross operating margin9900€-500€989▲
Operating profit (loss)9901€-2k€474▲
Financial income75/76B€5€4▼
Recurring financial income75€5€4▼
Financial charges65/66B€374€123▼
Recurring financial charges65€374€123▼
Profit (loss) for the period before taxes9903€-3k€356▲
Profit (loss) for the period9904€-3k€356▲
Profit (loss) for the period to be appropriated9905€-3k€356▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-2k▲
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Back to profitnet €356
Net result €356 after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼133%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hove
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beekhoekstraat 542540 HoveGround area
2,423 m²
Building footprint
226 m²
Volume, LiDAR
930 m³
Parcel 11021B0064/00F000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0064/00F000 | Flanders | 2,423 m² | 1 · 226 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
DEVILLE
BE 0847.278.964
Châtelet · Eq €9k
Patrick Allemeersch
BE 0735.517.742
Maldegem · Eq €8k
PIOT VLOEREN
BE 0547.574.007
Boutersem · Eq €8k
LES FRERES ASTORINO
BE 0564.971.352
Manage · Eq €9k
ANWA
BE 0878.382.510
Antwerpen · Eq €9k
Of 3,937 companies in sector 43331 we hold annual accounts for 1,777. 993 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2021
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
43310Plastering work
43320Joinery installation
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.