SWEP
ActiveSWEP has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €145k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+16
Solvency52▲+9
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.36 in 2024), and 58.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.1%
Return on assets
5.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
15 d early
2022
11 d early
2021
33 d early
2020
10 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.01M▲ 16.8%
2024 · €860k
2018: €1.22M
2019: €1.52M
2020: €1.55M
2021: €1.74M
2022: €1.76M
2023: €1.08M
2024: €860k
2018 → 2025
Total assets
€2.45M▼ 2.2%
2024 · €2.50M
2018: €2.08M
2019: €2.10M
2020: €2.14M
2021: €2.37M
2022: €2.40M
2023: €2.39M
2024: €2.50M
2018 → 2025
Net result
€145k▲ 49.3%
2024 · €97k
2018: €4k
2019: €311k
2020: €42k
2021: €190k
2022: €104k
2023: €103k
2024: €97k
2018 → 2025
Working capital
€-621k▲ 22.1%
2024 · €-797k
2018: €-20k
2019: €245k
2020: €282k
2021: €243k
2022: €248k
2023: €-630k
2024: €-797k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.74M-€1.76M▲ 1.6%€1.08M▼ 38.9%€860k▼ 20.1%€1.01M▲ 16.8%
Operating result€162k-€23k▼ 85.5%€9k▼ 60.2%€2k▼ 76.3%€67k▲ 2,911%
Net result€190k-€104k▼ 45.4%€103k▼ 0.3%€97k▼ 6.1%€145k▲ 49.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,911% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.45M
Fixed assets
€2.03M▼ 1.5%
Current assets
€420k▼ 5.2%
Equity and liabilities €2.45M
Equity
€1.01M▲ 16.8%
Debt
€1.44M▼ 12.1%
The debt ratio falls from 65.6% to 58.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€98k▲
2024 · €52k
Cash flow
€176k▲
2024 · €147k
Solvency
41.1%▲
2024 · 34.4%
Current ratio
0.40▲
2024 · 0.36
Quick ratio
0.40▲
2024 · 0.36
Debt / equity
1.43▼
2024 · 1.91
ROE
14.4%▲
2024 · 11.3%
ROA
5.9%▲
2024 · 3.9%
Interest coverage
529.60▲
2024 · 50.89
Debt
€1.44M▼
2024 · €1.64M
Debt ≤ 1 year
€1.04M▼
2024 · €1.24M
Debt > 1 year
€400k=
2024 · €400k
Income taxes
€18k▲
2024 · €317
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€2.50M€2.45M▼
Fixed assets21/28€2.06M€2.03M▼
Tangible fixed assets22/27€1.07M€1.03M▼
Land and buildings22€1.07M€1.03M▼
Financial fixed assets28€992k€992k=
Current assets29/58€443k€420k▼
Amounts receivable within one year40/41€80k€61k▼
Trade receivables40€79k€61k▼
Other amounts receivable41€987€0▼
Current investments50/53€169k€169k=
Cash at bank and in hand54/58€194k€191k▼
Equity and liabilities
Total equity and liabilities10/49€2.50M€2.45M▼
Equity10/15€860k€1.01M▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€783k€928k▲
Non-distributable reserves130/1€85k€85k=
Legal reserve130€85k€85k=
Distributable reserves133€698k€843k▲
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€1.64M€1.44M▼
Amounts payable after more than one year17€400k€400k=
Financial debts170/4€400k€400k=
Amounts payable within one year42/48€1.24M€1.04M▼
Trade debts44€3k€0▼
Suppliers440/4€3k€0▼
Taxes, remuneration and social security45€4k€19k▲
Taxes450/3€4k€19k▲
Other amounts payable47/48€1.23M€1.02M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€31k▼
Other operating charges640/8€279€5k▲
Gross operating margin9900€52k€103k▲
Operating profit (loss)9901€2k€67k▲
Financial income75/76B€96k€96k▲
Recurring financial income75€96k€96k▲
Financial charges65/66B€1k€185▼
Recurring financial charges65€1k€185▼
Profit (loss) for the period before taxes9903€97k€163k▲
Income taxes67/77€317€18k▲
Profit (loss) for the period9904€97k€145k▲
Profit (loss) for the period to be appropriated9905€97k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€109k€157k▲
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer from equity791/2€314k€0▼
Transfer to equity691/2€97k€145k▲
To other reserves6921€97k€145k▲
Profit to be distributed694/7€314k€0▼
Return on contributions (dividend)694€314k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €1MEq €1.01M ▲16.8%
8 profitable years in a row build equity to €1.01M.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €311k ▲7566%
Net result €311k, the highest in the series.
30-09
Financial
Liquidity triplescurrent ratio 2.50
Current ratio from 0.95 to 2.50; short-term debt falls from €443k to €164k.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 1992
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.
Brusselsesteenweg 4839230 WetterenGround area
3,300 m²
Building footprint
287 m²
Volume, LiDAR
1,622 m³
Parcel 42024B0622/00F000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 483, 9230 Wetteren
since 19922.055.625.879
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42024B0622/00F000 | Flanders | 3,300 m² | 1 · 287 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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GRASP
BE 0431.995.438
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DE SPIEGELEIRE-BOITS
BE 0865.549.806
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KG Development & Consulting
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 27,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-11-1991
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.