Equity
-€144,917
Debts exceed assets in financial year 2025.
SWB DEVELOPMENT
Lifetime
4 annual accounts with figures on one time axispeak -€3,135 (2023)
-€6,699▲ €1,698
lowest -€58,939 (2025)
-€58,939▼ €2,137
peak €29,073 (2022)
-€144,917▼ €58,939
€537,935▼ 38.8%
Board1 name since 2022
1 director
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from -€8,397 to -€6,699Loss of €58,939Equity from -€85,979 to -€144,917Debts from €878,965 to €537,935Cash from €376,891 to €862
Key points
from the 2025 annual accountsLosses
-€194,917 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€537,935 137% of the balance sheet
Financial debts 100%Suppliers 0%Taxes and wages 0%
Of this, €2,135 falls due within a year.
Filings
4 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Starting capital
€50,000 1,000 shares
Position in the sector
-€144,917
Less equity than 95% of companies in real estate. Sector median €86,489 · 19,823 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,637 companies had the same profile as SWB DEVELOPMENT has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,637 companies, not a prediction for SWB DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0784987247
Incorporation
Founding capital of €50,000, 1,000 shares · Appointment: (director) · published on 22-04-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SWB DEVELOPMENT Oupeye | €393,018 | -€6,699 | -36.9% | - |
| CAYDEN INVEST Grâce-Hollogne | €378,337 | -€1,709 | -9.4% | - |
| VEROPHIE Wavre | €402,715 | -€14,037 | 91.0% | - |
| Brizzofi Lier | €428,925 | -€1,484 | 53.3% | - |
| BELARES Landen | €366,557 | -€7,133 | -7.3% | - |
| GIULOREA Ixelles | €371,496 | -€4,935 | -1.6% | - |
| ROYAL GROUP BOURKHA IMMO Morlanwelz | €384,386 | -€7,157 | -4.2% | - |
These companies have the same main activity as SWB DEVELOPMENT: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €367,000 and €429,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 20-04-2022Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 23-04-2026
Insights on SWB DEVELOPMENT
SWB DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from -€18,867 in 2022 to -€6,699 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SWB DEVELOPMENT
- What is the company number of SWB DEVELOPMENT?
- The company number of SWB DEVELOPMENT is 0784.987.247. The VAT number is the same number with BE in front: BE 0784.987.247.
- Where is SWB DEVELOPMENT based?
- The registered office is at Rue César de Paepe 51, 4683 Oupeye.Company details
- What does SWB DEVELOPMENT do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of SWB DEVELOPMENT?
- SWB DEVELOPMENT is a private limited company (BV).
- When was SWB DEVELOPMENT founded?
- SWB DEVELOPMENT was founded on 20-04-2022.
- Is SWB DEVELOPMENT still active?
- Yes, SWB DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of SWB DEVELOPMENT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SWB DEVELOPMENT profitable?
- In financial year 2025, SWB DEVELOPMENT made a loss of €58,939.
- Where can I find the annual accounts of SWB DEVELOPMENT?
- SWB DEVELOPMENT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SWB DEVELOPMENT due?
- SWB DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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