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SWITCH

Active Private limited company (pre-2019)founded 2007active for 19 yearsSint-Annastraat 34, 1000 BrusselsKBO/BCE: BE 0888.510.991
SWITCH
Financial year 2025
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Annual accounts 2025

micro format, filed on 21-08-2026, 21 days late
€1,712
▲ €9,565
-€1,670
▲ €12,936
€1,712
▲ €12,936
€1,544
▲ €13,174
-9.6%
▼ 1.3 percentage points
0.77
▲ 0.01

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €7,400. Estimated: probably between €2,500 and €13,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €144,973 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-9.6%

Higher than 13% of 17,185 companies in 2025.

0.77

Higher than 37% of 16,482 companies in 2025.

-1.3%

Higher than 29% of 16,861 companies in 2025.

SWITCH Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 144,973145,473148,739131,341152,269127,176141,717120,136114,293113,940113,545113,458112,780113,549123,99779,868202,880474,482293,040
21/28 22,77826,16129,54316,09215,9862002002002002002002002005931,018605777497652
22/27 22,57825,96129,34315,89215,786--------393818405777497652
22 22,57825,96129,34315,89215,786--------------
24 -------------393818405777497652
28 200200200200200200200200200200200200200200200200---
29/58 122,195119,313119,196115,249136,283126,976141,517119,936114,093113,740113,345113,258112,580112,956122,97979,263202,103473,985292,388
3 112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551109,46632,142148,567400,216266,283
30/36 112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551112,551109,46632,142148,567400,216266,283
40/41 4,6304,6304,6301,82019,3933,016----21---900-1,19985-
40 4,6304,6304,6301,82018,995-----------1,114--
41 ----3983,016----21---900-8585-
50/53 ----------------51,22650,482-
54/58 5,0141,7421,5175294,34011,41028,4817,2421,5421,1897737072940512,37047,1211,03722,82126,105
490/1 -390498349--485143------243-73381-
Balance sheet: equity and liabilities
10/49 144,973145,473148,739131,341152,269127,176141,717120,136114,293113,940113,545113,458112,780113,549123,99779,868202,880474,482293,040
10/15 -13,861-12,0222,99112,01324,76429,06727,4856,9561,5701,0201,2732,9365,04312,92731,13356,69553,88518,44034,385
10/11 25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000
100 ------25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000
13 2,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,500
130/1 2,5002,5002,5002,5002,5002,500-------------
130 ------2,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,5002,500
1311 2,5002,5002,5002,5002,5002,500-------------
14 -41,361-39,522-24,509-15,487-2,7361,567-15-20,544-25,930-26,480-26,227-24,564-22,457-14,5733,63329,19526,385-9,0606,885
17/49 158,834157,495145,748119,328127,50598,110114,232113,180112,723112,920112,271110,522107,736100,62292,86423,172148,996456,042258,655
42/48 158,834157,495145,748119,328127,47498,110114,232113,180112,723112,920111,871110,122107,736100,62292,86423,172148,996456,042258,655
43 -------------84,36579,441-126,600450,000188,800
430/8 -------------84,36579,441-126,600450,000188,800
44 2256221,3952,30418,8925,8668391,2299891,0891,0391,0781,7941,9882,7742,7602,3722,38956,872
440/4 2256221,3952,30418,8925,8668391,2299891,0891,0391,0781,7941,9882,7742,7602,3722,38956,872
46 ------------------1,600
45 ---1,2472885817,374--------9,8709,580-5,910
450/3 ---1,247-5817,374--------9,8709,580-5,910
454/9 ----288--------------
47/48 158,609156,873144,353115,777108,29591,663106,020111,951111,734111,831110,832109,044105,94214,26910,64910,54210,4433,6535,473
492/3 ----30-----400400-------
Income statement
70 -----------4,000-------
9900 1,712-7,854-4,405-7,895-934,43523,3438,2133,2722,4321,127934-3,783-11,655-18,4607,25957,554-1,72529,173
60/61 -----------3,246-12,264-----
630 3,3823,3821,9201,829730-------393425765372372155122
640/8 -3,3702,3352,6513,1272,5712,5322,4882,4442,4032,4812,4782,4222,3672,6692,0161,5332,839348
9901 -1,670-14,606-8,660-12,375-3,9501,86420,8115,72482829-1,354-1,544-6,598-14,447-21,8944,87155,649-4,71928,703
75/76B -0--0---------251607391,494133
75 -0--0---------251607391,494133
65/66B 1684073623763532822823382782833085631,2853,7633,7091,91911,20712,88213,531
65 1684073623763532822823382782833085631,2853,7633,7091,91911,20712,88213,531
9903 -1,839-15,013-9,022-12,751-4,3031,58220,5295,386550-254-1,663-2,108-7,883-18,210-25,5793,11245,181-16,10815,305
67/77 --------------4-173019,737-1635,920
9904 -1,839-15,013-9,022-12,751-4,3031,58220,5295,386550-254-1,663-2,108-7,883-18,206-25,5622,81135,444-15,9459,385
9905 -1,839-15,013-9,022-12,751-4,3031,58220,5295,386550-254-1,663-2,108-7,883-18,206-25,5622,81135,444-15,9459,385
Appropriation of the result
9906 -41,361-39,522-24,509-15,487-2,7361,567-15-20,544-25,930-26,480-26,227-24,564-22,457-14,5733,63329,19526,385-9,0609,385
14P -39,522-24,509-15,487-2,7361,567--------------
691/2 ------------------2,500
6920 ------------------2,500
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 21 days after the deadline. Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00419850.

Financial year Type Filed Reference Document
31-12-2025 micro format 21-08-2026 2026-00419850 PDF
31-12-2024 micro format 09-07-2025 2025-00256315 PDF
31-12-2023 micro format 30-08-2024 2024-00434706 PDF
31-12-2022 micro format 30-10-2023 2023-00498141 PDF
31-12-2021 micro format 31-08-2022 2022-20376070 PDF
31-12-2020 micro format 07-07-2021 2021-32000525 PDF
31-12-2019 micro format 18-09-2020 2020-54000022 PDF
31-12-2018 micro format 26-07-2019 2019-39300551 PDF
31-12-2017 micro format 31-08-2018 2018-59700086 PDF
31-12-2016 micro format 22-08-2017 2017-45600191 PDF
31-12-2015 full format 26-07-2016 2016-36300174 PDF
31-12-2014 full format 27-08-2015 2015-53400103 PDF
31-12-2013 full format 13-08-2014 2014-42100206 PDF
31-12-2012 full format 07-08-2013 2013-40500014 PDF
31-12-2011 full format 03-08-2012 2012-38700441 PDF
31-12-2010 full format 29-08-2011 2011-46900372 PDF
31-12-2009 full format 02-08-2010 2010-37900348 PDF
31-12-2008 full format 24-07-2009 2009-49000101 PDF
31-12-2007 full format 25-07-2008 2008-47100397 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
1,712-11,224-6,740-10,546-3,220--------6,205-14,022-21,1295,24356,021-4,56528,825
1,544-11,631-7,102-10,922-3,572--------7,490-17,781-24,7983,18335,816-15,7909,507
0015,3701,93616,516-------001,1782006520774
3,272225988-3,811-7,070-17,07221,2405,70035341666678-376-11,965-34,75146,083-21,784-3,284-
-36,639-38,182-26,551-4,0798,80928,86727,2856,7561,3708201,4733,1364,84312,33430,11556,09153,10817,94333,733
------------38.6%-------
-9.6%-8.3%2.0%9.1%16.3%22.9%19.4%5.8%1.4%0.9%1.1%2.6%4.5%11.4%25.1%71.0%26.6%3.9%11.7%
0.770.760.820.971.071.291.241.061.011.011.011.031.041.121.323.421.361.041.13
0.060.040.050.020.190.150.250.070.010.010.010.010.000.000.152.030.360.160.10
--48.729.935.153.384.1616.2771.82-88.1737.6521.367.782.980.412.7724.737.52
---301.6%-106.1%-17.4%5.4%74.7%77.4%35.0%-24.9%-130.6%-71.8%-156.3%-140.8%-82.1%5.0%65.8%-86.5%27.3%
-1.3%-10.3%-6.1%-9.7%-2.8%1.2%14.5%4.5%0.5%-0.2%-1.5%-1.9%-7.0%-16.0%-20.6%3.5%17.5%-3.4%3.2%
10.17-27.56-18.62-28.02-9.13--------------
-----------121 days-59 days-----

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€15,370€1,936€16,516
€3,382€3,382€1,920€1,829€730

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SWITCH

The operating result for 2025 is a loss of €1,670, smaller than the loss of €14,606 in 2024.

Equity is negative. Debt (€158,834) exceeds the balance-sheet total (€144,973).

Next steps

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