Equity
-€13,861
Debts exceed assets in financial year 2025.
SWITCH
Lifetime
19 annual accounts with figures on one time axispeak €57,554 (2009)
€1,712▲ €9,565
lowest -€25,562 (2011)
-€1,839▲ €13,174
peak €56,695 (2010)
-€13,861▼ €1,839
€158,834▲ 0.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from -€7,854 to €1,712Loss of €1,839Equity from -€12,022 to -€13,861Cash from €1,742 to €5,014
Key points
from the 2025 annual accountsLosses
-€42,927 in five years
Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €7,400 estimated
The micro format states no turnover.
Debts
€158,834 110% of the balance sheet
Filings
19 annual accounts since 2007
Seven of the last ten came late. The 2022 accounts came latest: 91 days after the end of the period.
Position in the sector
-9.6%
Lower solvency than 86% of companies in real estate. Sector median 28.9% · 17,199 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as SWITCH has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,333 companies, not a prediction for SWITCH. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0888510991
Incorporation
published on 16-04-2007 · Gazette deed
First establishment
-, Sint-Annastraat 34, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SWITCH Brussels | €144,973 | €1,712 | -9.6% | - |
| E.V.U.S. Uccle | €117,657 | €1,614 | -111.8% | - |
| VHOME Halle | €159,095 | €1,837 | -187.5% | 0 |
| IMMO CONCEPT EUROPE Wemmel | €147,463 | €1,706 | 51.5% | - |
| ATHEMIS CONSULTING Woluwe-Saint-Pierre | €106,727 | €2,435 | 97.3% | - |
| KLEIN BIJGAARDEN Berchem-Sainte-Agathe | €139,390 | -€4,964 | -181.4% | - |
| MACNASH ASSOCIATES Ganshoren | €108,577 | €2,220 | 45.2% | - |
These companies have the same main activity as SWITCH: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €107,000 and €159,000, founded between 2001 and 2007.
Official details
Source: KBO- Status
- Active since 04-04-2007Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Establishment unit
- 2.163.495.8191000 Brussels, since 04-04-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Insights on SWITCH
SWITCH files the micro format. That format states no turnover. The gross margin fell from €29,173 in 2007 to €1,712 in 2025.
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 SWITCH
- What is the company number of SWITCH?
- The company number of SWITCH is 0888.510.991. The VAT number is the same number with BE in front: BE 0888.510.991.
- Where is SWITCH based?
- The registered office is at Sint-Annastraat 34, 1000 Brussels.Company details
- What does SWITCH do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of SWITCH?
- SWITCH is a private limited company (pre-2019) (BVBA).
- When was SWITCH founded?
- SWITCH was founded on 04-04-2007.
- Is SWITCH still active?
- Yes, SWITCH is an active enterprise in the KBO register.
- What is the turnover of SWITCH?
- The turnover in financial year 2025 is ≈ €7,400. This figure is estimated from the gross margin of €1,712 and 37 comparable companies (NACE 68310). It probably lies between €2,500 and €13,000. It is a rough estimate.Financials
- Is SWITCH profitable?
- In financial year 2025, SWITCH made a loss of €1,839.
- Where can I find the annual accounts of SWITCH?
- SWITCH filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SWITCH due?
- SWITCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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