SWD PROJECTS
ActiveSWD PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €316k and a net result of €23k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 37979 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-37
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.62 against 3.23 in 2023), and 31.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
4 d early
2022
55 d late
2021
29 d late
2020
6 d early
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€432k
EBIT margin
25.4%
Net result
€23k▼ 46.3%
2023 · €43k
2019: €13k
2020: €23k
2021: €33k
2022: €76k
2023: €43k
2019 → 2024
Working capital
€171k▼ 0.8%
2023 · €172k
2019: €61k
2020: €47k
2021: €139k
2022: €140k
2023: €172k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€432k
Equity€141k-€174k▲ 23.4%€250k▲ 44.0%€293k▲ 17.2%€316k▲ 7.9%
Operating result€32k-€51k▲ 60.1%€110k▲ 116%€63k▼ 42.5%€45k▼ 27.9%
Net result€23k-€33k▲ 40.7%€76k▲ 132%€43k▼ 43.6%€23k▼ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €460k
Fixed assets
€242k▲ 65.4%
Current assets
€218k▼ 12.6%
Equity and liabilities €460k
Equity
€316k▲ 7.9%
Debt
€143k▲ 40.3%
The debt ratio rises from 25.8% to 31.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€113k▼
2023 · €114k
Cash flow
€91k▼
2023 · €94k
Solvency
68.9%▼
2023 · 74.2%
Current ratio
4.62▲
2023 · 3.23
Quick ratio
4.62▲
2023 · 3.23
Debt / equity
0.45▲
2023 · 0.35
ROE
7.3%▼
2023 · 14.7%
ROA
5.0%▼
2023 · 10.9%
Interest coverage
20.14▼
2023 · 66.17
Debt
€143k▲
2023 · €102k
Debt ≤ 1 year
€47k▼
2023 · €77k
Debt > 1 year
€96k▲
2023 · €25k
Income taxes
€17k▼
2023 · €19k
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
Total assets20/58€395k€460k▲
Fixed assets21/28€146k€242k▲
Tangible fixed assets22/27€146k€242k▲
Current assets29/58€249k€218k▼
Amounts receivable within one year40/41€60k€58k▼
Cash & bank54/58€182k€152k▼
Total equity & liabilities10/49€395k€460k▲
Equity10/15€293k€316k▲
Contributions / capital10/11€19k€19k=
Reserves13€275k€298k▲
Amounts payable17/49€102k€143k▲
Amounts payable after one year17€25k€96k▲
Amounts payable within one year42/48€77k€47k▼
Trade debts payable within one year44€43k€6k▼
Income statement
Code20232024
Gross operating margin9900€123k€119k▼
Operating result9901€63k€45k▼
Financial income75€507€1▼
Financial charges65€2k€6k▲
Result before taxes9903€62k€40k▼
Income taxes67/77€19k€17k▼
Net result for the period9904€43k€23k▼
Result to be appropriated9905€43k€42k▼
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
31-12
Financial
Highest result since 2019net €76k ▲132%
Operating result €110k, net result €76k, both a record.
31-12
Financial
Equity above €200kEq €250k ▲44%
4 profitable years in a row build equity to €250k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.49
Current ratio from 1.55 to 3.49; short-term debt falls from €86k to €56k.
31-12
Financial
Equity above €150kEq €174k ▲23.4%
3 profitable years in a row build equity to €174k.
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
MONKEY
BE 0453.824.594
Antwerpen · Eq €316k
CVSolutions4U
BE 0800.891.881
Hoegaarden · Eq €316k
SOHO VASTGOED & PROJECTONTWIKKELING
BE 0860.754.640
Antwerpen · Eq €316k
ARTICO SOLUTIONS
BE 0689.601.902
Edegem · Eq €316k
ARTHOLICE
BE 0861.268.146
Oostende · Eq €316k
Of 82,136 companies in sector 70200 we hold annual accounts for 51,754. 37,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47279Other retail sale of food
47299Retail trade
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 06-08-2026. Scores and ratios are computed by Checked and are not a credit decision.