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SWAT Belgium

Active
Private limited companyfounded 2011active for 15 yearsDelorsplein 18, 8930 Menen, BelgiumKBO/BCE: BE 0835.685.088
Summary

SWAT Belgium has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€879,182) and a net result of €41,524. Equity has been shrinking by about 10% per year since 2018. Its solvency ranks better than 5% of 2,874 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 18-04-2011 Normal situation
Activity
Fitness centres NACE 93130and 3 others
Joint committee
314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen · annual accounts 2025
Establishment unit
2.212.657.102 8930 Menen, since 01-05-2011
Financial year end
31 December
Peppol
Reachable since 31-03-2025

Board and ownership

Board
and 1 other

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€117,323
▲ 854%
Turnover
≈ €290,000
estimated
Profit
€41,524
Equity
-€879,182
▲ 4.5%
Total assets
€126,469
▼ 1.8%
Employees on 31-12-2025
0
▼ 100%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 53 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 53 days late; 2 of the last 3 accounts lateNegative equity -€879,182lowers riskSize: total assets €126,469Sector: Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 43% of micro companies in sports and recreation (NACE 93)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -695.2% of total assets
Liquidity 23+11
short-term debt 795.2% · cash 18.2%
Profitability 100+100
return on assets 32.8%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 2.3%highest value 01-2025: 2.3%● unchanged vs 12-2024highest value 02-2025: 2.3%● unchanged vs 01-2025highest value 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 1.1%▼ -1.2 percentage points vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.6%▲ +0.2 percentage points vs 08-2025 10-2025: 2.2%▲ +0.6 percentage points vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.1 percentage points vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.0%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.3%▲ +0.3 percentage points vs 07-2026 09-2026: 2.2%▼ -0.1 percentage points vs 08-2026 10-2026: 0.8%▼ -1.4 percentage points vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1 (0.05 in 2024), below 1. Short-term debt is 795.2% and cash 18.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 9% of them on solvency, 19% on liquidity, 94% on profitability and 52% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 53 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €126,469
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€879,182
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2874 sector peers (2025).
NBB · sector comparison
Position among 2874 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
53 days late
2024
55 days late
2023
12 days late
2022
26 days early
2021
11 days early
2020
26 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€879,182 View
  • Caution: Lower solvency than 95% of companies in sports and recreationsector median 27.8% · 2,874 companies -695.2% View
  • Positive: Back in profit in 2025after a loss of €81,142 in 2024 €41,524 View

Recent changes

  1. · Gazette deed Appointments: Demeulemeester Jurgen (statutory director) and Demeulemeester Logan (statutory director)
  2. · Gazette deed Registered office moved within MenenNew seat: DELORSPLEIN 18, 8930 MENEN · Previous seat: WERVIKSTRAAT 224, 8930 MENEN · Appointment: DYLAN DURY (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as SWAT Belgium: fitness centres (NACE 93130). They are comparable in size and age: total assets between €92,600 and €173,000, founded between 2010 and 2014.

CompanyTotal assetsGross margin
SWAT Belgium Menen€126,469€117,323
FIT-OUT LOCHRISTI Laarne€161,650€137,049
URBAN FITNESS LIEGE Liège€164,293€121,070
CrossFit Arsenal Etterbeek€157,966€103,080
Military Sport Academy Gent€134,410€101,009
MIALHEC Etterbeek€92,565€96,341
Corpus Studios Elsene€173,147€94,207
Full comparison

Key facts about SWAT Belgium

What is the company number of SWAT Belgium?
The company number of SWAT Belgium is 0835.685.088. The VAT number is the same number with BE in front: BE 0835.685.088.
Where is SWAT Belgium based?
The registered office is at Delorsplein 18, 8930 Menen.Company details
What does SWAT Belgium do?
According to the KBO register, the main activity is fitness centres (NACE 93130).
What is the legal form of SWAT Belgium?
The legal form of SWAT Belgium is Private limited company (BV).
When was SWAT Belgium founded?
SWAT Belgium was founded on 18-04-2011.
Is SWAT Belgium still active?
Yes, SWAT Belgium is an active enterprise in the KBO register.
How many employees does SWAT Belgium have?
SWAT Belgium had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SWAT Belgium fall under?
In its 2025 annual accounts, SWAT Belgium states joint committee 314 (Paritair Comité voor het kappersbedrijf en de schoonheidszorgen).
What is the turnover of SWAT Belgium?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €117,323 and 2,215 comparable companies of the same size. It probably lies between €200,000 and €450,000. It is a rough estimate.
Is SWAT Belgium profitable?
In financial year 2025, SWAT Belgium made a profit of €41,524.
Where can I find the annual accounts of SWAT Belgium?
SWAT Belgium filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SWAT Belgium due?
SWAT Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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