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SWECRO

Active
Public limited company· 38 yrs active
Meerkensstraat 61 ·3650 Dilsen-Stokkem, Belgium
KBO/BCE: BE 0433.719.563
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Age38 yrs
Real estate2 parcels · 7,878 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for SWECRO (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show equity of €1.51M and a net result of €313k.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Signals

Insufficient current data: the most recent filed accounts (financial year 2018) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 30-05-2019, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2018, that is 30-04-2019.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2025 30-04-2026 nothing on record not filed -
30-09-2024 30-04-2025 nothing on record not filed -
30-09-2023 30-04-2024 nothing on record not filed -
30-09-2022 30-04-2023 nothing on record not filed -
30-09-2021 30-04-2022 nothing on record not filed -
30-09-2020 30-04-2021 nothing on record not filed -
30-09-2019 30-04-2020 nothing on record not filed -
30-09-2018 30-04-2019 30-05-2019 30 d late 2019-16400490
30-09-2017 30-04-2018 30-05-2019 395 d late 2019-16400487
30-09-2016 30-04-2017 02-05-2017 2 d late 2017-11000242
30-09-2015 30-04-2016 31-05-2016 31 d late 2016-14400215
30-09-2014 30-04-2015 21-04-2015 9 d early 2015-10000347

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€313k
Working capital€1.92M

Annual accounts & ratios

Source: NBB · 2018
Annual accounts filed on 30-05-2019 with the NBB · fiscal year 2018 · verkort
Fiscal year2018
Depositverkort
Revenue-
EBITDA€30k
Net profit€313k
Cash flow€336k
Staff costs-
Income taxes€1k
Dividends-
Total assets€2.44M
Equity€1.51M
Debt€719k
of which ≤ 1y€36k
of which > 1y€683k
Working capital€1.92M
Employees (FTE)-
Ratios (computed)
2018
Current ratio54.70
Quick ratio54.70
Working capital ratio79.0%
Solvency62.0%
Debt / equity0.45
Long-term debt ratio0.45
Interest coverage-
Gross margin-
Net margin-
ROA12.8%
ROE20.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2018
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2018
Balance sheet, Assets
TOTAL ASSETS 20/58€2.44M
Fixed assets 21/28€477k
Tangible fixed assets 22/27€477k
Current assets 29/58€1.96M
Amounts receivable within one year 40/41€906k
Cash & bank 54/58€942
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.44M
Equity 10/15€1.51M
Contributions / capital 10/11€300k
Reserves 13€899k
Accumulated profits (losses) 14€312k
Provisions & deferred taxes 16€208k
Amounts payable 17/49€719k
Amounts payable after one year 17€683k
Amounts payable within one year 42/48€36k
Trade debts payable within one year 44€28k
Income statement
Gross operating margin 9900€82k
Operating result 9901€7k
Financial charges 65€6k
Result before taxes 9903€744
Income taxes 67/77€1k
Net result for the period 9904€6k
Result to be appropriated 9905€20k
Ratios computed by Checked.

Health barometer

FY 2018 · computed
24 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2018 and the legal situation the KBO register itself records. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meerkensstraat 613650 Dilsen-Stokkem

Establishment units

1 location
SWECRO
Dorpsstraat 11, 3690 Zutendaalmanagementsactiviteiten van holdings : het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere
since 19882.037.523.602
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area7,878 m²
Buildings2
Building footprint1,137 m²
Volume (LiDAR)5,789 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71067B1162/00A000 Flanders 5,307 m² 1 · 203 m² 0.3 m
73043B0285/00W002 Flanders 2,571 m² 1 · 934 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health24Profitability100Solvency100Growth-Stability0
56 / 100

Mixed profile: strong on profitability, weaker on stability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 24
Profitability 100
Solvency 100
Growth -
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL SWECRO
Registered office
Meerkensstraat 61
3650 Dilsen-Stokkem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.