SWING'S
ActiveThe computed 12-month bankruptcy probability of SWING'S is 2.0% (moderate). The 2024 annual accounts show negative equity (€-73k) and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 18939 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▲+45
Solvency14▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.3 in 2023; short-term debt: 111.2% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-11.2%
Return on assets
1.7%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18939 sector peers (2024).
NBB · sector comparisonPosition among 18939 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
51 d late
2022
32 d late
2021
300 d late
2020
90 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-73k▲ 13.2%
2023 · €-84k
2018: €2k
2019: €-3k
2020: €406
2021: €-22k
2022: €-38k
2023: €-84k
2018 → 2024
Total assets
€649k▼ 21.5%
2023 · €827k
2018: €15k
2019: €18k
2020: €35k
2021: €8k
2022: €13k
2023: €827k
2018 → 2024
Net result
€11k
2023 · €-46k
2018: €-23k
2019: €-5k
2020: €3k
2021: €-22k
2022: €-16k
2023: €-46k
2018 → 2024
Working capital
€-608k▲ 4.6%
2023 · €-637k
2018: €863
2019: €-4k
2020: €-613
2021: €-23k
2022: €-39k
2023: €-637k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€406-€-22k€-38k▼ 71.9%€-84k▼ 122%€-73k▲ 13.2%
Operating result€4k-€-22k€-16k▲ 29.7%€-46k▼ 193%€22k
Net result€3k-€-22k€-16k▲ 29.4%€-46k▼ 192%€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €22k after a loss of €46k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €649k
Fixed assets
€535k▼ 3.3%
Current assets
€115k▼ 58.2%
Key figures and ratios
EBITDA
€47k▲
2023 · €-31k
Cash flow
€36k▲
2023 · €-31k
Solvency
-11.2%▼
2023 · -10.2%
Current ratio
0.16▼
2023 · 0.30
Quick ratio
0.02▲
2023 · 0.01
Debt / equity
-9.89▲
2023 · -10.83
ROA
1.7%▲
2023 · -5.6%
Interest coverage
4.38▲
2023 · -80.68
Debt
€723k▼
2023 · €912k
Debt ≤ 1 year
€723k▼
2023 · €912k
Income taxes
€146
Staff costs
€10▼
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€827k€649k▼
Fixed assets21/28€553k€535k▼
Tangible fixed assets22/27€552k€534k▼
Land and buildings22€539k€526k▼
Furniture and vehicles24€13k€8k▼
Financial fixed assets28€700€700=
Current assets29/58€274k€115k▼
Stocks and contracts in progress3€265k€98k▼
Stocks30/36€265k€98k▼
Amounts receivable within one year40/41€9k€16k▲
Trade receivables40€5k€13k▲
Other amounts receivable41€4k€3k▼
Current investments50/53€204€305▲
Cash at bank and in hand54/58€94€1k▲
Equity and liabilities
Total equity and liabilities10/49€827k€649k▼
Equity10/15€-84k€-73k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-92k€-81k▲
Amounts payable17/49€912k€723k▼
Amounts payable within one year42/48€912k€723k▼
Financial debts43€265k€85k▼
Credit institutions430/8€265k€85k▼
Trade debts44€5k€14k▲
Suppliers440/4€5k€14k▲
Taxes, remuneration and social security45€10k€15k▲
Remuneration and social security454/9€10k€15k▲
Other amounts payable47/48€632k€608k▼
Income statement
Code20232024
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€2k€10▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€25k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€-26k€52k▲
Operating profit (loss)9901€-46k€22k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€383€11k▲
Recurring financial charges65€383€11k▲
Profit (loss) for the period before taxes9903€-46k€11k▲
Income taxes67/77-€146
Profit (loss) for the period9904€-46k€11k▲
Profit (loss) for the period to be appropriated9905€-46k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-81k▲
Profit (loss) brought forward from the previous period14P€-46k€-92k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 300 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Villers-la-Ville · 1 establishment unit since 2009
Ground area
738 m²
Building footprint
59 m²
Volume, LiDAR
506 m³
Parcel 25107B0117/00K000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LE CLUB HOUSE DU BERCUIT
since 20092.176.232.711
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107B0117/00K000 | Wallonia | 737 m² | 1 · 59 m² | 10.6 m · 3 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
ALL PAR BELGIUM
BE 0737.918.095
Sint-Gillis (bij-Brussel) · Eq €408
ELM
BE 0727.444.768
Antwerpen · Eq €404
LOKAL
BE 0898.012.637
Antwerpen · Eq €413
RESTAURANT LA CHRYSALIDE
BE 0739.718.733
Etalle · Eq €399
Côté Montagne
BE 1028.671.340
Stavelot · Eq €399
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2009
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:contact@xiavit.be
Phone:+32494367408