SWITCH

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

SWITCH

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Overview

Lifetime

19 annual accounts with figures on one time axis

Compare with

peak €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 directorPiers de Raverschoot Tanguy

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 accounts

Equity

-€13,861

Debts exceed assets in financial year 2025.

Losses

-€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.

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% · 17,185 companies.

Checked score

Fair

Financially stronger than 24% of micro companies in real estate (NACE 68)

Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months 0.5% Low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.1%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.1%▼ -0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value

Financial strength

Weak

15-2equity -9.6% of total assets

4+3short-term debt 109.6% · cash 3.5%

67+61return on assets -1.3%

Score breakdown

raises risk

Capped at 59: negative equity

Negative equity -€13,861

Liquidity: current ratio 0.77, cash €5,014

lowers risk

Size: total assets €144,973

Sector: Real estate activities (NACE 68)

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 13% of them on solvency, 7% on liquidity, 53% on profitability and 24% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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.

90.5%

were still trading

5.8%

stopped another way

2.8%

went bankrupt

Micro
10 to 20 years old
negative equity
a small loss

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SWITCH itself is lower: 0.5% within 12 months. It rests on far more data about SWITCH than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.77 (0.76 in 2024), below 1. Short-term debt is 109.6% and cash 3.5% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.

lowers riskraises risk

Size: total assets €144,973

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Negative equity -€13,861

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Liquidity: current ratio 0.77, cash €5,014

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€13,861

2025 accounts filed 21 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

21 days late

2024

22 days early

2023

30 days late

2022

91 days late

2021

31 days late

2020

24 days early

2019

49 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 53 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

09-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Piers de Raverschoot Tanguy

Director

Board & ownership

Recent changes

15-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0888510991

04-04-2007

Incorporation published on 16-04-2007 · Gazette deed

04-04-2007

First establishment -, Sint-Annastraat 34, Brussels

All 26 events

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

Company details

Annual accounts 2025

: €1,712
: €1,839▼ 87.8%
: -€13,861▼ 15.3%
: €144,973▼ 0.3%
Filing: Filed on 21-08-2026

Financials

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.

Financials

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

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	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	144,973	145,473	148,739	131,341	152,269	127,176	141,717	120,136	114,293	113,940	113,545	113,458	112,780	113,549	123,997	79,868	202,880	474,482	293,040
`21/28`	22,778	26,161	29,543	16,092	15,986	200	200	200	200	200	200	200	200	593	1,018	605	777	497	652
`22/27`	22,578	25,961	29,343	15,892	15,786	-	-	-	-	-	-	-	-	393	818	405	777	497	652
`22`	22,578	25,961	29,343	15,892	15,786	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`24`	-	-	-	-	-	-	-	-	-	-	-	-	-	393	818	405	777	497	652
`28`	200	200	200	200	200	200	200	200	200	200	200	200	200	200	200	200	-	-	-
`29/58`	122,195	119,313	119,196	115,249	136,283	126,976	141,517	119,936	114,093	113,740	113,345	113,258	112,580	112,956	122,979	79,263	202,103	473,985	292,388
`3`	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	109,466	32,142	148,567	400,216	266,283
`30/36`	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	112,551	109,466	32,142	148,567	400,216	266,283
`40/41`	4,630	4,630	4,630	1,820	19,393	3,016	-	-	-	-	21	-	-	-	900	-	1,199	85	-
`40`	4,630	4,630	4,630	1,820	18,995	-	-	-	-	-	-	-	-	-	-	-	1,114	-	-
`41`	-	-	-	-	398	3,016	-	-	-	-	21	-	-	-	900	-	85	85	-
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,226	50,482	-
`54/58`	5,014	1,742	1,517	529	4,340	11,410	28,481	7,242	1,542	1,189	773	707	29	405	12,370	47,121	1,037	22,821	26,105
`490/1`	-	390	498	349	-	-	485	143	-	-	-	-	-	-	243	-	73	381	-
Balance sheet: equity and liabilities
`10/49`	144,973	145,473	148,739	131,341	152,269	127,176	141,717	120,136	114,293	113,940	113,545	113,458	112,780	113,549	123,997	79,868	202,880	474,482	293,040
`10/15`	-13,861	-12,022	2,991	12,013	24,764	29,067	27,485	6,956	1,570	1,020	1,273	2,936	5,043	12,927	31,133	56,695	53,885	18,440	34,385
`10/11`	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`100`	-	-	-	-	-	-	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`13`	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500
`130/1`	2,500	2,500	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500
`1311`	2,500	2,500	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	-41,361	-39,522	-24,509	-15,487	-2,736	1,567	-15	-20,544	-25,930	-26,480	-26,227	-24,564	-22,457	-14,573	3,633	29,195	26,385	-9,060	6,885
`17/49`	158,834	157,495	145,748	119,328	127,505	98,110	114,232	113,180	112,723	112,920	112,271	110,522	107,736	100,622	92,864	23,172	148,996	456,042	258,655
`42/48`	158,834	157,495	145,748	119,328	127,474	98,110	114,232	113,180	112,723	112,920	111,871	110,122	107,736	100,622	92,864	23,172	148,996	456,042	258,655
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	84,365	79,441	-	126,600	450,000	188,800
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	84,365	79,441	-	126,600	450,000	188,800
`44`	225	622	1,395	2,304	18,892	5,866	839	1,229	989	1,089	1,039	1,078	1,794	1,988	2,774	2,760	2,372	2,389	56,872
`440/4`	225	622	1,395	2,304	18,892	5,866	839	1,229	989	1,089	1,039	1,078	1,794	1,988	2,774	2,760	2,372	2,389	56,872
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600
`45`	-	-	-	1,247	288	581	7,374	-	-	-	-	-	-	-	-	9,870	9,580	-	5,910
`450/3`	-	-	-	1,247	-	581	7,374	-	-	-	-	-	-	-	-	9,870	9,580	-	5,910
`454/9`	-	-	-	-	288	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`47/48`	158,609	156,873	144,353	115,777	108,295	91,663	106,020	111,951	111,734	111,831	110,832	109,044	105,942	14,269	10,649	10,542	10,443	3,653	5,473
`492/3`	-	-	-	-	30	-	-	-	-	-	400	400	-	-	-	-	-	-	-
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	4,000	-	-	-	-	-	-	-
`9900`	1,712	-7,854	-4,405	-7,895	-93	4,435	23,343	8,213	3,272	2,432	1,127	934	-3,783	-11,655	-18,460	7,259	57,554	-1,725	29,173
`60/61`	-	-	-	-	-	-	-	-	-	-	-	3,246	-	12,264	-	-	-	-	-
`630`	3,382	3,382	1,920	1,829	730	-	-	-	-	-	-	-	393	425	765	372	372	155	122
`640/8`	-	3,370	2,335	2,651	3,127	2,571	2,532	2,488	2,444	2,403	2,481	2,478	2,422	2,367	2,669	2,016	1,533	2,839	348
`9901`	-1,670	-14,606	-8,660	-12,375	-3,950	1,864	20,811	5,724	828	29	-1,354	-1,544	-6,598	-14,447	-21,894	4,871	55,649	-4,719	28,703
`75/76B`	-	0	-	-	0	-	-	-	-	-	-	-	-	-	25	160	739	1,494	133
`75`	-	0	-	-	0	-	-	-	-	-	-	-	-	-	25	160	739	1,494	133
`65/66B`	168	407	362	376	353	282	282	338	278	283	308	563	1,285	3,763	3,709	1,919	11,207	12,882	13,531
`65`	168	407	362	376	353	282	282	338	278	283	308	563	1,285	3,763	3,709	1,919	11,207	12,882	13,531
`9903`	-1,839	-15,013	-9,022	-12,751	-4,303	1,582	20,529	5,386	550	-254	-1,663	-2,108	-7,883	-18,210	-25,579	3,112	45,181	-16,108	15,305
`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	-17	301	9,737	-163	5,920
`9904`	-1,839	-15,013	-9,022	-12,751	-4,303	1,582	20,529	5,386	550	-254	-1,663	-2,108	-7,883	-18,206	-25,562	2,811	35,444	-15,945	9,385
`9905`	-1,839	-15,013	-9,022	-12,751	-4,303	1,582	20,529	5,386	550	-254	-1,663	-2,108	-7,883	-18,206	-25,562	2,811	35,444	-15,945	9,385
Appropriation of the result
`9906`	-41,361	-39,522	-24,509	-15,487	-2,736	1,567	-15	-20,544	-25,930	-26,480	-26,227	-24,564	-22,457	-14,573	3,633	29,195	26,385	-9,060	9,385
`14P`	-39,522	-24,509	-15,487	-2,736	1,567	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,500
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

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

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1,712	-11,224	-6,740	-10,546	-3,220	-	-	-	-	-	-	-	-6,205	-14,022	-21,129	5,243	56,021	-4,565	28,825
1,544	-11,631	-7,102	-10,922	-3,572	-	-	-	-	-	-	-	-7,490	-17,781	-24,798	3,183	35,816	-15,790	9,507
0	0	15,370	1,936	16,516	-	-	-	-	-	-	-	0	0	1,178	200	652	0	774
3,272	225	988	-3,811	-7,070	-17,072	21,240	5,700	353	416	66	678	-376	-11,965	-34,751	46,083	-21,784	-3,284	-
-36,639	-38,182	-26,551	-4,079	8,809	28,867	27,285	6,756	1,370	820	1,473	3,136	4,843	12,334	30,115	56,091	53,108	17,943	33,733
-	-	-	-	-	-	-	-	-	-	-	-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%
0.77	0.76	0.82	0.97	1.07	1.29	1.24	1.06	1.01	1.01	1.01	1.03	1.04	1.12	1.32	3.42	1.36	1.04	1.13
0.06	0.04	0.05	0.02	0.19	0.15	0.25	0.07	0.01	0.01	0.01	0.01	0.00	0.00	0.15	2.03	0.36	0.16	0.10
-	-	48.72	9.93	5.15	3.38	4.16	16.27	71.82	-	88.17	37.65	21.36	7.78	2.98	0.41	2.77	24.73	7.52
-	-	-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

Item	2025	2024	2023	2022	2021
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).

Board & ownership

Board

1 director

Piers de Raverschoot Tanguy

Director

listed in the 2025 annual accounts, filed on 21-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Piers de Raverschoot Tanguy
Director

Boardmandate already running before its first mention

Mandates as a list

Piers de Raverschoot Tanguy
- Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €25,000
Source: 2025 annual accounts

Network & group

No group

SWITCH has no parent and no holdings in its annual accounts. Piers de Raverschoot Tanguy is the only director. SWITCH shares no director with another company.

At the same address

Sint-Annastraat 34, 1000 Brussels · 3 other companies

Karaoké Sablon establishment since 26-10-2021 · founded in 2021	total assets €81,508 (2025) 0776.518.652
HIGH LEVEL BELGIUM registered office since 14-04-2011	founded in 2011 0835.509.005
AMAZONIA registered office since 13-09-1991	founded in 1991 0445.001.752

Timeline

26 events since 2007

Filings

Financial

Establishments

2008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

21-08-2026

Annual accounts 2025 filed NBBmicro format · 21 days late

15-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0888510991

2025

09-07-2025

Annual accounts 2024 filed PDFmicro format · 22 days before the deadline

2024

30-08-2024

Annual accounts 2023 filed PDFmicro format · 30 days late

2023

30-10-2023

Annual accounts 2022 filed PDFmicro format · 91 days late

2022

31-08-2022

Annual accounts 2021 filed PDFmicro format · 31 days late

2021

07-07-2021

Annual accounts 2020 filed PDFmicro format · 24 days before the deadline

2020

18-09-2020

Annual accounts 2019 filed PDFmicro format · 49 days late

2019

26-07-2019

Annual accounts 2018 filed PDFmicro format · 5 days before the deadline

2018

31-08-2018

Annual accounts 2017 filed PDFmicro format · 31 days late

2017

31-12-2017

Back to profit net €550 The net result is €550, after 6 loss-making years.

22-08-2017

Annual accounts 2016 filed PDFmicro format · 22 days late

2016

26-07-2016

Annual accounts 2015 filed PDFfull format · 5 days before the deadline

2015

27-08-2015

Annual accounts 2014 filed PDFfull format · 27 days late

2014

13-08-2014

Annual accounts 2013 filed PDFfull format · 13 days late

2013

07-08-2013

Annual accounts 2012 filed PDFfull format · 7 days late

2012

03-08-2012

Annual accounts 2011 filed PDFfull format · 3 days late

2011

31-12-2011

Weakest financial year net -€25,562 The net result drops to -€25,562, the lowest from 2007 to 2025. It recovers the following year.

29-08-2011

Annual accounts 2010 filed PDFfull format · 29 days late

2010

31-12-2010

Liquidity more than doubled current ratio 3.42 The current ratio rises from 1.36 to 3.42. Short-term debt falls from €148,996 to €23,172.

02-08-2010

Annual accounts 2009 filed PDFfull format · 2 days late

2009

31-12-2009

Back to profit net €35,444 The net result is €35,444, after one loss-making year.

24-07-2009

Annual accounts 2008 filed PDFfull format · 7 days before the deadline

2008

25-07-2008

Annual accounts 2007 filed PDFfull format · 6 days before the deadline

2007

04-04-2007

Incorporation PDFpublished on 16-04-2007

04-04-2007

First establishment -, Sint-Annastraat 34, Brussels

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

SWITCH was incorporated on 4 April 2007.¹ Total assets rose from €120,136 in 2018 to €144,973 in 2025.²

Company details

Identity

Enterprise number: 0888.510.991
VAT number: BE 0888.510.991
Peppol ID: 0208:0888510991
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 04-04-2007
Financial year: ends on 31 December
Peppol: Reachable since 15-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: SWITCH in French
Entity type: Legal entity

Activities

NACEBEL 2025

68310 Real estate agency activities main activity

Codes under NACEBEL 2008

68311 Real estate activities main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
- registered office Sint-Annastraat 34, 1000 Brussels 43120 Site preparation	04-04-2007	2.163.495.819

Buildings and parcels at the address

Ground area: 81 m²
Buildings: 54 m²
Volume, LiDAR: 667 m³
Tallest building: 16.1 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

4 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21808H1662/00A000	81 m²	1 · 54 m²	16.1 m · 4

Contact

Phone +32 496 23 10 26 establishment in Brussel

Overview

Lifetime

Key points

Equity

Losses

Turnover

Debts

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SWITCH

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-9.6%

Current ratio0.77

Return on assets-1.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SWITCH

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Contact

in euro

in euro

-9.6%

0.77

-1.3%