SWG
ActiveSummary
SWG has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €258,228 and a net result of €42,283. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+3
Solvency76▲+9
Growth57▲+5
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.82 in 2024; short-term debt: 24.3% and cash: 5% of total assets), and 49.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
50.7%
Return on assets
8.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
3 d late
2023
5 d early
2022
61 d early
2021
54 d early
2020
26 d late
2019
21 d early
← 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 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€244,395▲ 27.3%
2024 · €191,980
EBIT margin
27.1%▲ 8.3pp
2024 · 18.8%
Net result
€42,283▲ 85.4%
2024 · €22,804
Working capital
€4,678
2024 · -€24,730
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€185,105▲ 43.9%€193,879▲ 4.7%€199,500▲ 2.9%€191,980▼ 3.8%€244,395▲ 27.3%
Operating result€40,933€49,948▲ 22.0%€27,715▼ 44.5%€36,131▲ 30.4%€66,217▲ 83.3%
Net result€35,127within the sector's middle half€35,383within the sector's middle half▲ 0.7%€21,924within the sector's middle half▼ 38.0%€22,804within the sector's middle half▲ 4.0%€42,283within the sector's middle half▲ 85.4%
EBIT margin22.1%▲ 32.9pp25.8%▲ 3.6pp13.9%▼ 11.9pp18.8%▲ 4.9pp27.1%▲ 8.3pp
Equity€143,006within the sector's middle half▲ 29.2%€175,579within the sector's middle half▲ 22.8%€196,049within the sector's middle half▲ 11.7%€217,399within the sector's middle half▲ 10.9%€258,228within the sector's middle half▲ 18.8%
Total assets€518,993within the sector's middle half▼ 2.9%€480,292within the sector's middle half▼ 7.5%€550,000within the sector's middle half▲ 14.5%€512,732within the sector's middle half▼ 6.8%€508,908below the sector's middle half▼ 0.7%
Debt€375,987▼ 11.3%€304,713▼ 19.0%€353,951▲ 16.2%€295,333▼ 16.6%€250,680▼ 15.1%
Working capital-€19,196below the sector's middle half▲ 73.3%-€7,313within the sector's middle half▲ 61.9%-€126,114below the sector's middle half▼ 1,625%-€24,730below the sector's middle half▲ 80.4%€4,678below the sector's middle half
Solvency27.6%within the sector's middle half▲ 6.8pp36.6%within the sector's middle half▲ 9.0pp35.6%within the sector's middle half▼ 0.9pp42.4%within the sector's middle half▲ 6.8pp50.7%within the sector's middle half▲ 8.3pp
Current ratio0.85below the sector's middle half▲ 0.380.94within the sector's middle half▲ 0.090.47below the sector's middle half▼ 0.470.82below the sector's middle half▲ 0.351.04below the sector's middle half▲ 0.22
Return on assets (ROA)6.8%within the sector's middle half▲ 10.2pp7.4%within the sector's middle half▲ 0.6pp4.0%within the sector's middle half▼ 3.4pp4.4%within the sector's middle half▲ 0.5pp8.3%within the sector's middle half▲ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €508,908
Fixed assets
€380,786 ▼ 5.3%
Current assets
€128,122 ▲ 15.8%
Equity and liabilities €508,908
Equity
€258,228 ▲ 18.8%
Debt
€250,680 ▼ 15.1%
Debt's share of the balance-sheet total falls from 57.6% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122,345▲
2024 · €103,315
Cash flow
€98,411▲
2024 · €89,988
Quick ratio
1.00▲
2024 · 0.78
Debt to equity
0.97▼
2024 · 1.36
ROE
16.4%▲
2024 · 10.5%
Interest coverage
12.37▲
2024 · 9.28
Debt ≤ 1 year
€123,445▼
2024 · €135,368
Debt > 1 year
€125,783▼
2024 · €158,625
Income taxes
€15,662▲
2024 · €3,679
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €185,105 | €193,879 | €199,500 | €191,980 | €244,395 | ▲ 27.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €100,579 | €115,193 | €87,105 | €116,634 | ▲ 33.9% |
| Remuneration, social security and pensions62 | - | €8 | €15 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,625 | €73,892 | €55,237 | €67,185 | €56,128 | ▼ 16.5% |
| Other operating charges640/8 | - | €3,439 | €2,990 | €4,790 | €5,718 | ▲ 19.4% |
| Non-recurring operating charges66A | - | - | - | €300 | - | - |
| Gross operating margin9900 | €116,329 | €127,286 | €85,956 | €108,406 | €128,063 | ▲ 18.1% |
| Operating profit (loss)9901 | €40,933 | €49,948 | €27,715 | €36,131 | €66,217 | ▲ 83.3% |
| Financial income75/76B | - | €3,089 | €1,995 | €1,484 | €1,616 | ▲ 8.9% |
| Recurring financial income75 | €2,811 | €3,089 | €1,995 | €1,484 | €1,616 | ▲ 8.9% |
| Financial charges65/66B | - | €7,513 | €7,785 | €11,132 | €9,887 | ▼ 11.2% |
| Recurring financial charges65 | €7,640 | €7,513 | €7,785 | €11,132 | €9,887 | ▼ 11.2% |
| Profit (loss) for the period before taxes9903 | €36,104 | €45,523 | €21,924 | €26,482 | €57,945 | ▲ 119% |
| Income taxes67/77 | €977 | €10,140 | - | €3,679 | €15,662 | ▲ 326% |
| Profit (loss) for the period9904 | €35,127 | €35,383 | €21,924 | €22,804 | €42,283 | ▲ 85.4% |
| Profit (loss) for the period to be appropriated9905 | €35,127 | €35,383 | €21,924 | €22,804 | €42,283 | ▲ 85.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €518,993 | €480,292 | €550,000 | €512,732 | €508,908 | ▼ 0.7% |
| Fixed assets21/28 | €413,256 | €363,618 | €438,399 | €402,094 | €380,786 | ▼ 5.3% |
| Tangible fixed assets22/27 | €413,096 | €363,458 | €438,239 | €401,934 | €380,626 | ▼ 5.3% |
| Land and buildings22 | - | €270,207 | €372,669 | €360,938 | €349,584 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €90,667 | €63,900 | €38,706 | €29,626 | ▼ 23.5% |
| Furniture and vehicles24 | - | €2,584 | €1,670 | €2,290 | €1,415 | ▼ 38.2% |
| Financial fixed assets28 | €160 | €160 | €160 | €160 | €160 | = |
| Current assets29/58 | €105,737 | €116,674 | €111,601 | €110,639 | €128,122 | ▲ 15.8% |
| Stocks and contracts in progress3 | €2,925 | €2,781 | €7,556 | €5,102 | €4,872 | ▼ 4.5% |
| Stocks30/36 | - | €2,781 | €7,556 | €5,102 | €4,872 | ▼ 4.5% |
| Amounts receivable within one year40/41 | €62,728 | €62,469 | €70,400 | €83,464 | €96,551 | ▲ 15.7% |
| Trade receivables40 | - | €7,669 | €5,136 | €8,560 | - | - |
| Other amounts receivable41 | - | €54,800 | €65,264 | €74,904 | €96,551 | ▲ 28.9% |
| Cash at bank and in hand54/58 | €40,084 | €43,796 | €32,944 | €21,496 | €25,687 | ▲ 19.5% |
| Deferred charges and accrued income490/1 | - | €7,628 | €701 | €577 | €1,013 | ▲ 75.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €518,993 | €480,292 | €550,000 | €512,732 | €508,908 | ▼ 0.7% |
| Equity10/15 | €143,006 | €175,579 | €196,049 | €217,399 | €258,228 | ▲ 18.8% |
| Contributions10/11 | - | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Non-distributable reserves130/1 | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Reserves not available under the articles1311 | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Profit (loss) carried forward14 | €56,648 | €92,031 | €113,956 | €136,759 | €179,042 | ▲ 30.9% |
| Investment grants15 | - | €12,048 | €10,594 | €9,140 | €7,686 | ▼ 15.9% |
| Amounts payable17/49 | €375,987 | €304,713 | €353,951 | €295,333 | €250,680 | ▼ 15.1% |
| Amounts payable after more than one year17 | €245,432 | €180,341 | €114,441 | €158,625 | €125,783 | ▼ 20.7% |
| Financial debts170/4 | - | €180,341 | €114,441 | €158,625 | €125,783 | ▼ 20.7% |
| Amounts payable within one year42/48 | €124,933 | €123,987 | €237,715 | €135,368 | €123,445 | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | €65,091 | €65,900 | €65,631 | €57,903 | ▼ 11.8% |
| Trade debts44 | €11,671 | €29,276 | €146,597 | €51,858 | €35,321 | ▼ 31.9% |
| Suppliers440/4 | - | €29,276 | €146,597 | €51,858 | €35,321 | ▼ 31.9% |
| Taxes, remuneration and social security45 | - | €18,755 | €11,228 | €14,967 | €30,221 | ▲ 102% |
| Taxes450/3 | - | €18,755 | €11,228 | €14,967 | €30,221 | ▲ 102% |
| Other amounts payable47/48 | - | €10,865 | €13,990 | €2,912 | - | - |
| Accrued charges and deferred income492/3 | - | €385 | €1,795 | €1,340 | €1,453 | ▲ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,127 | €35,383 | €21,924 | €22,804 | €42,283 | ▲ 85.4% |
| + Depreciation and write-downs630 | €72,625 | €73,892 | €55,237 | €67,185 | €56,128 | ▼ 16.5% |
| Operating cash flow (approximation) | €107,751 | €109,275 | €77,161 | €89,988 | €98,411 | ▲ 9.4% |
| Investment in fixed assets (approximation) | - | -€24,254 | -€130,018 | -€30,879 | -€34,820 | ▼ 12.8% |
| Change in cash | - | €3,712 | -€10,852 | -€11,448 | €4,191 | ▲ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €42,283 ▲85.4%
Operating result €66,217, net result €42,283, both a record.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
30-06
Financial
Equity above €200,000Eq €217,399 ▲10.9%
4 profitable years in a row build equity to €217,399.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Equity above €150,000Eq €175,579 ▲22.8%
2 profitable years in a row build equity to €175,579.
2021
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Back to profitnet €35,127
Net result €35,127 after one loss-making year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
30-06
Financial
Weakest financial yearnet -€18,579
Net result drops to -€18,579, the lowest in the series; recovery starts the following year.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Chiny · 1 establishment unit since 2016
Ground area
1,911 m²
Building footprint
144 m²
Volume, LiDAR
1,095 m³
Parcel 85018B0874/00C000, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Gare,Izel 68, 6810 Chiny
since 20162.258.826.924
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85018B0874/00C000 | Wallonia | 1,911 m² | 1 · 144 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,205 companies in sector 95316 we hold annual accounts for 754. 440 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-2016
Fiscal year end30-06
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
41001General construction of residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662716668
Also
9925:BE0662716668
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.