Equity
€459,779 =
SWETEC paid out €272,000 in dividends. That is 100% of the 2025 profit.
SWETEC
Lifetime
12 annual accounts with figures on one time axispeak €445,995 (2025)
€445,995▲ 32.1%
peak €272,018 (2025)
€272,018▲ 24.5%
peak €720,355 (2022)
€459,779unchanged
€912,766▲ 12.1%
peak 0.1 FTE (2014)
0 FTE
Board2 names since 2013
1 director
Owners
100%
Documentsfilings and deeds
12-05-202680 days before the deadline
2025abbreviated format
Gross margin from €337,519 to €445,995Dividend €272,000Cash from €233,253 to €154,558
Key points
from the 2025 annual accountsFilings
12 annual accounts since 2014
Three of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.
Position in the sector
€272,018
Higher net result than 86% of companies in repair and installation of machinery. Sector median €53,509 · 583 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,806 companies had the same profile as SWETEC has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,806 companies, not a prediction for SWETEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 01-08-2023
- 100%score equity €491,360 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535970530
Registered office moved from Waasmunster to Lokeren
New registered office: Beertenstraat 1-9160 Lokeren · Previous registered office: Doornijkstraat 32, 9250 Waasmunster · Resignation: (director) · General meeting of 01-08-2023 · Gazette deed
Incorporation
published on 05-07-2013 · Gazette deed
First establishment
Beertenstraat 1, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SWETEC Lokeren | €1.4m | €445,995 | 33.5% | 0 |
| AGRISMACHINERY Ypres | €1.8m | €431,207 | 37.6% | 1.3 |
| MV SERVICES Anzegem | €1.0m | €178,254 | 40.1% | 0 |
| A.M.R. Belgium Steenokkerzeel | €1.1m | €674,216 | 10.2% | - |
| COMERGO SERVICES Eeklo | €2.3m | €724,994 | 26.5% | - |
| EURO-SKY GRIMBERGEN Grimbergen | €0.4m | €327,217 | 57.5% | 3.2 |
| NORD INVEST Namur | €0.4m | €94,349 | 78.4% | 1.1 |
These companies have the same main activity as SWETEC: repair, maintenance and installation of machinery and equipment (NACE 33170). They are comparable in size and age: total assets between €385,000 and €2.3m, founded between 2004 and 2018.
Official details
Source: KBO- Status
- Active since 26-06-2013Normal situation
- Activity
- Repair, maintenance and installation of machinery and equipmentNACE 33170
- Establishment unit
- 2.220.781.8419160 Lokeren, since 26-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Annual accounts 2025
- ≈ €1.1mestimated
- €1.4m▲ 7.8%
- Filing
- Filed on 12-05-2026, 80 days before the end of the filing period
Insights on SWETEC
SWETEC files the abbreviated format. That format states no turnover. The gross margin rose from €141,526 in 2014 to €445,995 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SWETEC
- What is the company number of SWETEC?
- The company number of SWETEC is 0535.970.530. The VAT number is the same number with BE in front: BE 0535.970.530.
- Where is SWETEC based?
- The registered office is at Beertenstraat 1, 9160 Lokeren.Company details
- What does SWETEC do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33170).
- What is the legal form of SWETEC?
- SWETEC is a private limited company (pre-2019) (BVBA).
- When was SWETEC founded?
- SWETEC was founded on 26-06-2013.
- Is SWETEC still active?
- Yes, SWETEC is an active enterprise in the KBO register.
- What is the turnover of SWETEC?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €445,995 and 2,274 comparable companies of the same size. It probably lies between €630,000 and €1.8m. It is a rough estimate.Financials
- Is SWETEC profitable?
- In financial year 2025, SWETEC made a profit of €272,018.
- Where can I find the annual accounts of SWETEC?
- SWETEC filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SWETEC due?
- SWETEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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