Swinkels Projects
ActiveSwinkels Projects has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €10k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+50
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 4.19 in 2024), and 20% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
80%
Return on assets
11.9%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
3 d early
2023
14 d late
2022
18 d late
2021
30 d late
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▲ 17.5%
2024 · €59k
2018: €20k
2019: €25k
2020: €36k
2021: €43k
2022: €48k
2023: €56k
2024: €59k
2018 → 2025
Total assets
€87k▲ 21.6%
2024 · €71k
2018: €27k
2019: €72k
2020: €79k
2021: €90k
2022: €80k
2023: €75k
2024: €71k
2018 → 2025
Net result
€10k▲ 252%
2024 · €3k
2018: €2k
2019: €5k
2020: €10k
2021: €7k
2022: €6k
2023: €8k
2024: €3k
2018 → 2025
Working capital
€49k▲ 32.8%
2024 · €37k
2018: €11k
2019: €15k
2020: €34k
2021: €28k
2022: €37k
2023: €30k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€48k▲ 13.2%€56k▲ 15.9%€59k▲ 5.3%€69k▲ 17.5%
Operating result€10k-€12k▲ 22.6%€15k▲ 20.2%€7k▼ 51.7%€18k▲ 153%
Net result€7k-€6k▼ 17.7%€8k▲ 36.3%€3k▼ 61.8%€10k▲ 252%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 153% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€23k▲ 1.9%
Current assets
€64k▲ 30.8%
Equity and liabilities €87k
Equity
€69k▲ 17.5%
Debt
€17k▲ 41.4%
The debt ratio rises from 17.2% to 20.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€26k▲
2024 · €17k
Cash flow
€19k▲
2024 · €13k
Solvency
80.0%▼
2024 · 82.8%
Current ratio
4.41▲
2024 · 4.19
Quick ratio
4.41▲
2024 · 4.19
Debt / equity
0.25▲
2024 · 0.21
ROE
14.9%▲
2024 · 5.0%
ROA
11.9%▲
2024 · 4.1%
Interest coverage
370.39▲
2024 · 67.53
Debt
€17k▲
2024 · €12k
Debt ≤ 1 year
€14k▲
2024 · €12k
Income taxes
€4k▲
2024 · €1k
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€71k€87k▲
Fixed assets21/28€23k€23k▲
Tangible fixed assets22/27€23k€23k▲
Land and buildings22-€3k
Plant, machinery and equipment23€2k€6k▲
Furniture and vehicles24€21k€14k▼
Current assets29/58€49k€64k▲
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€9k€19k▲
Other amounts receivable41€5k€60▼
Cash at bank and in hand54/58€34k€44k▲
Deferred charges and accrued income490/1€98€608▲
Equity and liabilities
Total equity and liabilities10/49€71k€87k▲
Equity10/15€59k€69k▲
Contributions10/11€12k€12k=
Reserves13€47k€57k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€55k▲
Amounts payable17/49€12k€17k▲
Amounts payable within one year42/48€12k€14k▲
Trade debts44€1k€684▼
Suppliers440/4€1k€684▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€6k€10k▲
Accrued charges and deferred income492/3€656€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€653€1k▲
Gross operating margin9900€17k€27k▲
Operating profit (loss)9901€7k€18k▲
Financial income75/76B€790€0▼
Recurring financial income75€790€0▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€249€71▼
Non-recurring financial charges66B€3k€3k=
Profit (loss) for the period before taxes9903€4k€14k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€3k€10k▲
Profit (loss) for the period to be appropriated9905€3k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€10k▲
Transfer to equity691/2€3k€10k▲
To other reserves6921€3k€10k▲
The notes to these accounts (5 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €10k ▲106%
Operating result €23k, net result €10k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aarschot · 1 establishment unit since 2014
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.
Spagniestraat 203201 AarschotGround area
8,042 m²
Building footprint
350 m²
Volume, LiDAR
1,846 m³
Parcel 24060A0077/00E000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spagniestraat 20, 3201 Aarschot
since 20142.238.505.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24060A0077/00E000 | Flanders | 8,042 m² | 1 · 350 m² | 10.2 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.
Recognitions · licences · registrations
Legal Entity Identifier
98450005E1B3D90B6875
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,709 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
25110Manufacture of metal structures and parts of structures
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:KEVINSWINKELS@LIVE.BE
Phone:+32496696909