Financials
- Financial year
- 2024
- Total assets
- €2.9m
- Loss
- -€394,123
- Solvency
- 94.5%
Total assets▼ 29.5%
Net result
20182024
SWEAT EQUITY LIMITED
ActiveSummary
The computed 12-month bankruptcy probability of SWEAT EQUITY LIMITED is 2.3% (moderate). The 2024 annual accounts show equity of €2.8m and a net result of -€394,123. Equity remains stable across the filed financial years (±0.2% per year). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€2.9mtotal assets 2024
- Equity
- €2.8m
- Loss
- -€394,123
Turnover not published (micro format)
Structure
- Holdings
- 1
- Elisabeth SOGNYDirector
Auditor: AURIS ADVISORY2025 accounts not filed, 89 days past the deadline4 of 13 deeds summarised
Why 52raises riskLiquidity: current ratio 0.02, cash €1,121Figures for financial year 2024 (filed 27-08-2025)Loss of €394,123, the second in a row (financial year 2024)lowers riskSize: total assets €2.9mShow the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (no NACE code, small)
Financial strength · tick = 2023
Average
Solvency
100=
equity 94.5% of total assets
Liquidity
50+9
short-term debt 5.5% · cash 0.0%
Profitability
4-32
return on assets -13.4%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.4%● unchanged vs 11-2024lowest value
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025
09-2025: 0.7%▼ -0.2 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.7%▼ -0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.6 percentage points vs 07-2026
09-2026: 1.4%▲ +0.1 percentage points vs 08-2026
10-2026: 2.3%▲ +0.9 percentage points vs 09-2026highest value
Credit of up to €140,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.02, compared with 0.0 in 2023, below 1; short-term debt: 5.5% and cash: 0% of total assets), and 5.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 82% on solvency, 45% on liquidity, 2% on profitability and 16% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€394,123
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 27 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 filingsDeviation from the deadline
2025
not filed
2024
27 days late
2023
2 days late
2022
47 days early
2021
36 days early
2020
19 days late
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- RestructuringMerger · Shareholding · Accounting…
- Annual accounts filedfinancial year 2024 · micro…
- MiscellaneousAppointment: AURIS ADVISORY (commissaire aux…
Key points
By topic
Board & ownership
- Board
- 1 member
- Auditor
- AURIS ADVISORY
- Elisabeth SOGNYDirector
Network & group
- Subsidiaries
- 1
- Mergers and asset contributions
- 1
1 subsidiary
Timeline
- Events
- 20
- Since
- 2012
- 31-03-2025Resignation: Nicolas Philippe (director)
- 31-12-2024Weakest financial year
- 02-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 06-05-2011
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 22
- Who signs
- Each director alone
Key facts about SWEAT EQUITY LIMITED
- What is the company number of SWEAT EQUITY LIMITED?
- 0836.077.741. In Belgium the VAT number is the company number with BE in front: BE 0836.077.741.
- Where is SWEAT EQUITY LIMITED based?
- The registered office is at Terkamerenlaan 17, 1000 Brussel.Company details
- What is the legal form of SWEAT EQUITY LIMITED?
- Private limited company (BV).
- When was SWEAT EQUITY LIMITED founded?
- On 06-05-2011.
- Is SWEAT EQUITY LIMITED still active?
- Yes, SWEAT EQUITY LIMITED is an active enterprise in the KBO register.
- What is the turnover of SWEAT EQUITY LIMITED?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SWEAT EQUITY LIMITED profitable?
- In financial year 2024, SWEAT EQUITY LIMITED made a loss of €394,123.
- Where can I find the annual accounts of SWEAT EQUITY LIMITED?
- SWEAT EQUITY LIMITED filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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