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Complete company report
Generated 23-07-2026
Active BE 0827.809.381Private limited company

Swinton

Metaalstraat 13 ·2490 Balen, Belgium· 16 yrs active
Sector: Real estate rental (68203)
Conclusion Checked

The computed 12-month bankruptcy probability of Swinton is 0.3% (very low). The 2024 annual accounts show equity of €474k and a net result of €123k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 1682 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €474k
Net result €123k
Staff (FTE) 4
Better than sector 59%
Snowflake analysis 5 axes · computed by Checked
Health73Profitability100Solvency55Growth78Stability100
81 / 100

Exceptional profile, strong across almost every axis.

Health 73
Profitability 100
Solvency 55
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
73 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · verkort
€-400k€-200k€0€200kOperating result 2020: €-307k€-307kNet result 2020: €-283k€-283kOperating result 2021: €23k€23kNet result 2021: €3k€3kOperating result 2022: €190k€190kNet result 2022: €125k€125kOperating result 2023: €207k€207kNet result 2023: €146k€146kOperating result 2024: €187k€187kNet result 2024: €123k€123k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~35% of the level (threshold 35%). We therefore deliberately show no projection line.
€-400k€-200k€0€200k€400k2018: €74k2019: €104k2020: €-207k2021: €79k2022: €205k2023: €351k2024: €474k2018201920202021202220232024
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 22.9% 14.2%
better than 59% of 1682 sector peers
Net result €123k €-205
better than 85% of 1678 sector peers
Equity €474k €107k
better than 70% of 1682 sector peers
Gross operating margin €593k €50k
better than 88% of 1679 sector peers
Staff costs €274k €79k
higher than 81% of 250 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€293k
-5.3% +68% vs sector
Net profit
€123k
-15.6% +44% vs sector
Cash flow
€230k
-7.4% +41% vs sector
Total assets
€2.07M
-2.1% +28% vs sector
Equity
€474k
+35.1% -45% vs sector
Working capital
€517k
+29.5% far above sector median
Employees (FTE)
4
+122.2% +300% vs sector
Staff costs
€274k
+106.2% far above sector median
Income taxes
€44k
-14.4% far above sector median
Debt
€1.60M
-9.5% +151% vs sector
Debt ≤ 1y
€300k
-21.4% -9% vs sector
Debt > 1y
€1.30M
-6.2% far above sector median
Current ratio
2.72
+33.1% +35% vs sector
Quick ratio
2.50
+31.0% +24% vs sector
Solvency
22.9%
+38.0% -62% vs sector
Debt / equity
3.37
-33.0% far above sector median
ROE
26.0%
-37.5% +143% vs sector
ROA
6.0%
-13.8% +21% vs sector
Interest coverage
13.58
-12.9% +91% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€293k
Net profit€123k
Cash flow€230k
Staff costs€274k
Income taxes€44k
Dividends-
Total assets€2.07M
Equity€474k
Debt€1.60M
of which ≤ 1y€300k
of which > 1y€1.30M
Working capital€517k
Employees (FTE)4.0
Ratios (computed)
2024
Current ratio2.72
Quick ratio2.50
Working capital ratio25.0%
Solvency22.9%
Debt / equity3.37
Long-term debt ratio2.73
Interest coverage13.58
Gross margin-
Net margin-
ROA6.0%
ROE26.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.07M
Fixed assets 21/28€1.25M
Intangible fixed assets 21€4k
Tangible fixed assets 22/27€1.25M
Current assets 29/58€817k
Stocks & contracts in progress 3€67k
Amounts receivable within one year 40/41€212k
Cash & bank 54/58€329k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.07M
Equity 10/15€474k
Contributions / capital 10/11€76k
Accumulated profits (losses) 14€398k
Amounts payable 17/49€1.60M
Amounts payable after one year 17€1.30M
Amounts payable within one year 42/48€300k
Trade debts payable within one year 44€72k
Income statement
Gross operating margin 9900€593k
Operating result 9901€187k
Financial income 75€3k
Financial charges 65€22k
Result before taxes 9903€167k
Income taxes 67/77€44k
Net result for the period 9904€123k
Result to be appropriated 9905€123k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Real estate rental(68203)
Legal form Private limited company(610)
Incorporation09-07-2010
StatusActive
Postal code2490
Establishment units 1 location
Swinton
Metaalstraat 13, 2490 BalenVervaardiging van artikelen van beton voor de bouw
since 20102.190.026.903
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13003E0611/00A000 Flanders 5,409 m² 1 · 2,066 m² 9.7 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
20-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
07-02-2024
State Gazette act Director changes
2023
19-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
18-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
02-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
18-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
23-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
23-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
30-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
04-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
07-02-2024 2 directors appointed Director changes
  • Caroline Swinnen, Dagelijks bestuur
  • Frederic Swinnen, Dagelijks bestuur
Technical details 
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  "events": [
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Caroline Swinnen",
        "address": "2490 Balen, Biesakker 62",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De vergadering stelt volgende bijzondere gevolmachtigden - lasthebbers var\u0131 de vennootschap aan met ingang van heden, te weten \u2022mevrouw Caroline Swinnen, wonende te 2490 Balen, Biesakker 62",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
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      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Frederic Swinnen",
        "address": "2490 Balen, Europalaan 8",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "en \u2022de heer Frederic Swinnen, wonende te 2490 Balen, Europalaan 8",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-02-07",
    "filing_date": "2024-01-29",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-01-12",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0827.809.381",
    "name_full": "SWINTON",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Marc Swinnen",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers77221Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers77291
Primary activity highlighted.
Names & trade names
Legal nameNL Swinton
Trade nameNL Swinton
Registered office
Metaalstraat 13
2490 Balen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative