Sweater

Active

Public limited companyfounded 20197 yrs activeVeldkant 33 A, 2550 Kontich, BelgiumKBO/BCE: BE 0719.279.744

Sweater has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-81k) and a net result of €-59k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

0 / 100

Critical▼ -17 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability33▼-67

Solvency33=

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.13 against 0.29 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-574.4%

Return on assets

-418.1%

Age of the figures

8 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year -€81k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

3 d early

2024

24 d early

2023

14 d late

2022

4 d late

2021

4 d late

2020

19 d early

← before the deadline after the deadline →

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 months

Position in the running window

07-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€49k▼ 84.9%

2020 · €327k

2020: €327k

2020 → 2025

EBIT margin

-108.5%▼ 59.5pp

2020 · -49.0%

2020: -49.0%

2020 → 2025

Net result

€-59k▼ 366%

2024 · €-13k

2020: €-167k 2021: €-8k 2022: €-10k 2023: €-11k 2024: €-13k

2020 → 2025

Working capital

€-83k▼ 276%

2024 · €-22k

2020: €-105k 2021: €-113k 2022: €1k 2023: €-9k 2024: €-22k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€49k

Equity€-113k-€1k€-9k€-22k▼ 135%€-81k▼ 268%

Operating result€-2k-€-4k▼ 103%€-9k▼ 109%€-10k▼ 10.6%€-54k▼ 429%

Net result€-8k-€-10k▼ 28.4%€-11k▼ 4.4%€-13k▼ 18.7%€-59k▼ 366%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €54k in 2025 against €10k in 2024; the loss grows and 2025 is the lowest year so far.

Balance-sheet composition

Assets €14k

13.8%

86.2%

Fixed assets €2k

Current assets €12k

Key figures and ratios

2025 value · change against 2024

EBITDA

€-54k

Cash flow

€-59k

Solvency

-574.4%▼

2024 · -239.3%

Current ratio

0.13▼

2024 · 0.29

Quick ratio

0.13▼

2024 · 0.29

Debt / equity

-1.17▲

2024 · -1.42

ROE

72.8%▲

2024 · 57.4%

ROA

-418.1%▼

2024 · -137.3%

Interest coverage

-10.92

Debt

€95k▲

2024 · €31k

Debt ≤ 1 year

€95k▲

2024 · €31k

Income taxes

€111

Staff costs

€70k

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€9k€14k▲

Fixed assets21/28-€2k

Tangible fixed assets22/27-€2k

Plant, machinery and equipment23-€2k

Current assets29/58€9k€12k▲

Amounts receivable within one year40/41€5k€7k▲

Trade receivables40-€6k

Other amounts receivable41€5k€183▼

Cash at bank and in hand54/58€4k€5k▲

Deferred charges and accrued income490/1-€958

Equity and liabilities

Total equity and liabilities10/49€9k€14k▲

Equity10/15€-22k€-81k▼

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Profit (loss) carried forward14€-84k€-143k▼

Amounts payable17/49€31k€95k▲

Amounts payable within one year42/48€31k€95k▲

Trade debts44€4k€6k▲

Suppliers440/4€4k€6k▲

Taxes, remuneration and social security45-€7k

Taxes450/3-€111

Remuneration and social security454/9-€7k

Other amounts payable47/48€27k€81k▲

Income statement Code20242025

Turnover70-€49k

Goods, raw materials, services and sundry goods60/61€9k€33k▲

Remuneration, social security and pensions62-€70k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€116

Other operating charges640/8€778€3k▲

Gross operating margin9900€-9k€19k▲

Operating profit (loss)9901€-10k€-54k▼

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€-13k€-59k▼

Income taxes67/77-€111

Profit (loss) for the period9904€-13k€-59k▼

Profit (loss) for the period to be appropriated9905€-13k€-59k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-84k€-143k▼

Profit (loss) brought forward from the previous period14P€-71k€-84k▼

Social balance

Average headcount (FTE)9087-0.4

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

14-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 14 days late

2023

04-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 4 days late

2022

31-12

Financial Liquidity times 14current ratio 1.22

Current ratio from 0.09 to 1.22; short-term debt falls from €124k to €6k.

04-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 4 days late

2021

12-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 9 acts read

About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 directors, last change in 2025

BAMBUST Sam Hendrik Marcel

Director · since 18-08-2025

Current

De Cronos Groep NV

Director · since 12-06-2024 · Legal entity · perm. rep.: Dirk Deroost

Current

Diliviri NV

Director · since 12-06-2024 · Legal entity · perm. rep.: Matthias Doomaert

Current

Josephus de Wit

Director · since 25-04-2022

Current

W Abe

Director · since 25-04-2022

Current

18-08-2025 BAMBUST Sam Hendrik Marcel: Appointed as Director

01-09-2024 De Cronos Groep NV: Appointed as Director

01-09-2024 Josephus de Wit: Appointed as Director

12-06-2024 De Cronos Groep NV: Appointed as Director

12-06-2024 Diliviri NV: Appointed as Director

12-06-2024 Josephus de Wit: Appointed as Director

25-04-2022 Josephus de Wit: Appointed as Director

25-04-2022 W Abe: Appointed as Director

Not every act has been read: a resignation may be missing here

9 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Kontich · 1 establishment unit since 2019

approximate (street level) On OpenStreetMap

Ground area

3,333 m²

Building footprint

933 m²

Volume, LiDAR

7,846 m³

Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Sweater