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Swegon Operations Belgium

Active
Public limited companyfounded 1986active for 40 yearsChaussée de Tirlemont 102, 5030 Gembloux, BelgiumKBO/BCE: BE 0429.188.970
Summary

Swegon Operations Belgium has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.6m and a net result of €1.6m. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 35% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Swegon Operations BelgiumActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180Wholesale trade NACE 46842
Fastest staff growth in the province of Namur, Wholesale trade sector1 site
Size
€22.8mturnover 2025
Staff
71.3 FTE
Equity
€7.6m
Profit
€1.6m
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
PL GROUPE · 99.99%
Auditor: Ernst & Young Réviseurs d'Entreprise SRL2025 accounts filed 17 days late3 of 24 deeds summarised
Why 94lowers riskFounded in 1986Profit of €1.6m (financial year 2025)Size: turnover €22.8m, 71.3 FTE, total assets €23.7mLegal form: public limited companyShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 46, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 57-43
equity 31.9% of total assets
Liquidity 29-27
short-term debt 67.0% · cash 12.0%
Profitability 72+57
return on assets 6.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.43, compared with 6.01 in 2024, below the usual 1.5; short-term debt: 67% and cash: 12% of total assets), and 68.1% 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 (NACE 46, medium-sized): better than 40% on solvency, 33% on liquidity, 77% on profitability and 46% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €1.6m (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €22.8m, 71.3 FTE, total assets €23.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 filings
Deviation from the deadline
2025
17 days late
2024
27 days early
2023
31 days early
2022
8 days late
2021
16 days late
2020
24 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: ORJE WELLSTAM ANDREAS (director)Appointment: Eva KARLSSON (director) ·…
  3. Back to profitnet €1.6m

Key points

  • Positive: Back in profit in 2025after -€576,365 in 2024 €1.6m View
  • Positive: Fastest staff growth in the province of Namur, Wholesale trade sectorin the Checked rankings No. 1 View
  • Controlled by PL GROUPEultimately: SWEGON GROUP AB 99.99% View
  • Board changedlatest change 01-02-2026 · 3 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€22.8m
Profit
€1.6m
Solvency
31.9%
Turnover▲ 16.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
PL GROUPE · 99.99%
Auditor
Ernst & Young Réviseurs…
  • Eva KARLSSONChair
  • OLIN Mats Carl ChristianDirector
  • ADVISIUMManaging director
Go to Board & ownership

Timeline

Events
46
Since
1988
Next accounts
by 31-07-2027
  1. 04-07-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 30-12-2024Reappointments: ÖRJE WELLSTAM Andreas Sven Olov (director)…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
04-07-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Swegon Operations Belgium

What is the company number of Swegon Operations Belgium?
0429.188.970. In Belgium the VAT number is the company number with BE in front: BE 0429.188.970.
Where is Swegon Operations Belgium based?
The registered office is at Chaussée de Tirlemont 102, 5030 Gembloux.Company details
What does Swegon Operations Belgium do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of Swegon Operations Belgium?
Public limited company (NV).
When was Swegon Operations Belgium founded?
On 04-07-1986.
Is Swegon Operations Belgium still active?
Yes, Swegon Operations Belgium is an active enterprise in the KBO register.
How many employees does Swegon Operations Belgium have?
On average 71.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Swegon Operations Belgium?
€22.8m in financial year 2025, according to the filed annual accounts.
Is Swegon Operations Belgium profitable?
In financial year 2025, Swegon Operations Belgium made a profit of €1.6m.
Where can I find the annual accounts of Swegon Operations Belgium?
Swegon Operations Belgium filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Swegon Operations Belgium due?
By 31-07-2027, for financial year 2026.Timeline

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