SWAPET NV
ActiveSWAPET NV has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.91M and a net result of €133k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 85% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 16.28 against 11.59 in 2024; short-term debt: 5.5% and cash: 0.9% of total assets), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
89.2%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
1 d late
2023
9 d late
2022
6 d early
2021
9 d late
2020
8 d early
2019
66 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.91M▲ 7.5%
2024 · €1.77M
2018: €1.02M
2019: €1.06M
2020: €1.15M
2021: €1.28M
2022: €1.40M
2023: €1.62M
2024: €1.77M
2018 → 2025
Total assets
€2.14M▲ 4.1%
2024 · €2.05M
2018: €1.51M
2019: €1.50M
2020: €1.60M
2021: €1.73M
2022: €1.84M
2023: €1.97M
2024: €2.05M
2018 → 2025
Net result
€133k▼ 10.5%
2024 · €149k
2018: €75k
2019: €93k
2020: €142k
2021: €174k
2022: €176k
2023: €269k
2024: €149k
2018 → 2025
Working capital
€1.81M▲ 7.1%
2024 · €1.69M
2018: €934k
2019: €985k
2020: €1.08M
2021: €1.21M
2022: €1.34M
2023: €1.54M
2024: €1.69M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.28M-€1.40M▲ 9.9%€1.62M▲ 15.6%€1.77M▲ 9.2%€1.91M▲ 7.5%
Operating result€182k-€181k▼ 0.4%€314k▲ 73.6%€135k▼ 57.1%€134k▼ 0.4%
Net result€174k-€176k▲ 1.3%€269k▲ 52.9%€149k▼ 44.8%€133k▼ 10.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 0% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.14M
Fixed assets
€210k▲ 2.6%
Current assets
€1.93M▲ 4.2%
Equity and liabilities €2.14M
Equity
€1.91M▲ 7.5%
Debt
€231k▼ 17.7%
The debt ratio falls from 13.7% to 10.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▼
2024 · €148k
Cash flow
€145k▼
2024 · €161k
Solvency
89.2%▲
2024 · 86.3%
Current ratio
16.28▲
2024 · 11.59
Quick ratio
16.28▲
2024 · 11.59
Debt / equity
0.12▼
2024 · 0.16
ROE
7.0%▼
2024 · 8.4%
ROA
6.2%▼
2024 · 7.2%
Interest coverage
15.34▲
2024 · 13.97
Debt
€231k▼
2024 · €281k
Debt ≤ 1 year
€118k▼
2024 · €159k
Debt > 1 year
€113k▼
2024 · €121k
Income taxes
€42k▼
2024 · €52k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.05M€2.14M▲
Fixed assets21/28€205k€210k▲
Tangible fixed assets22/27€204k€209k▲
Land and buildings22€197k€187k▼
Plant, machinery and equipment23€201€3k▲
Furniture and vehicles24€1k€15k▲
Other tangible fixed assets26€5k€5k=
Financial fixed assets28€860€860=
Current assets29/58€1.85M€1.93M▲
Amounts receivable after more than one year29€1.36M€1.36M=
Other amounts receivable291€1.36M€1.36M=
Amounts receivable within one year40/41€479k€551k▲
Trade receivables40€120k€142k▲
Other amounts receivable41€358k€408k▲
Cash at bank and in hand54/58€13k€19k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.05M€2.14M▲
Equity10/15€1.77M€1.91M▲
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€9k€9k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Profit (loss) carried forward14€1.68M€1.81M▲
Amounts payable17/49€281k€231k▼
Amounts payable after more than one year17€121k€113k▼
Financial debts170/4€121k€113k▼
Amounts payable within one year42/48€159k€118k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€105k€65k▼
Suppliers440/4€105k€65k▼
Taxes, remuneration and social security45€47k€45k▼
Taxes450/3€47k€45k▼
Income statement
Code20242025
Non-recurring operating income76A-€133
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€11k€5k▼
Gross operating margin9900€159k€152k▼
Operating profit (loss)9901€135k€134k▼
Financial income75/76B€76k€51k▼
Recurring financial income75€49k€51k▲
Non-recurring financial income76B€28k-
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€200k€175k▼
Income taxes67/77€52k€42k▼
Profit (loss) for the period9904€149k€133k▼
Profit (loss) for the period to be appropriated9905€149k€133k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.68M€1.81M▲
Profit (loss) brought forward from the previous period14P€1.53M€1.68M▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2018net €269k ▲52.9%
Operating result €314k, net result €269k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 1993
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.
Appelmansstraat 12-142018 AntwerpenGround area
276 m²
Building footprint
268 m²
Volume, LiDAR
5,095 m³
Parcel 11808H1237/00V007, Flanders · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SWAPET NV
since 19932.061.709.165
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1237/00V007 | Flanders | 276 m² | 1 · 267 m² | 24.3 m · 7 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 20,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-02-1993
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.