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Generated 01-08-2026
Active BE 0837.171.168Private limited company

SWITCH ON PROD

Brugmannlaan 370 ·1180 Ukkel, Belgium· 15 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of SWITCH ON PROD is 0.4% (very low). The 2024 annual accounts show equity of €269k and a net result of €394k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 12438 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €269k
Net result €394k
Staff (FTE) 1
Better than sector 21%
Snowflake analysis 5 axes · computed by Checked
Health73Profitability100Solvency35Growth78Stability100
77 / 100

Exceptional profile, strong across almost every axis.

Health 73
Profitability 100
Solvency 35
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Higher-failure-rate region +Multiple establishment units +

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 2011, 15 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 27-08-2025 with the NBB · fiscal year 2024 · micro
€-200k€0€200k€400kOperating result 2020: €-77k€-77kNet result 2020: €77k€77kOperating result 2021: €143k€143kNet result 2021: €130k€130kOperating result 2022: €14k€14kNet result 2022: €34k€34kOperating result 2023: €268k€268kNet result 2023: €264k€264kOperating result 2024: €467k€467kNet result 2024: €394k€394k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~12.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k€600k2025: €347k (€325k - €368k)2026: €375k (€354k - €397k)2027: €404k (€382k - €425k)2018: €147k2019: €176k2020: €97k2021: €227k2022: €261k2023: €525k2024: €269k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 22.3% 60.6%
better than 21% of 12438 sector peers
Net result €394k €31k
better than 95% of 12440 sector peers
Equity €269k €63k
better than 90% of 12446 sector peers
Gross operating margin €657k €52k
better than 95% of 12426 sector peers
Staff costs €119k €6k
higher than 92% of 1201 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€507k
+72.3% +32% vs sector
Net profit
€394k
+49.4% +103% vs sector
Cash flow
€434k
+49.8% +80% vs sector
Total assets
€1.20M
+24.8% -4% vs sector
Equity
€269k
-48.8% -65% vs sector
Working capital
€152k
-72.6% -83% vs sector
Employees (FTE)
1
0.0% -80% vs sector
Staff costs
€119k
+10.0% -78% vs sector
Income taxes
€106k
+243.5% +38% vs sector
Dividends
€650k
- far above sector median
Debt
€936k
+112.5% +161% vs sector
Debt ≤ 1y
€936k
+222.4% +299% vs sector
Debt > 1y
€10k
-52.4% -100% vs sector
Current ratio
1.16
-60.1% -78% vs sector
Quick ratio
1.16
-60.1% -78% vs sector
Solvency
22.3%
-59.0% -70% vs sector
Debt / equity
3.48
+314.8% far above sector median
ROE
146.6%
+191.7% far above sector median
ROA
32.7%
+19.7% +212% vs sector
Interest coverage
247.44
+42.4% +243% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€507k
Net profit€394k
Cash flow€434k
Staff costs€119k
Income taxes€106k
Dividends€650k
Total assets€1.20M
Equity€269k
Debt€936k
of which ≤ 1y€936k
of which > 1y-
Working capital€152k
Employees (FTE)1.0
Ratios (computed)
2024
Current ratio1.16
Quick ratio1.16
Working capital ratio12.6%
Solvency22.3%
Debt / equity3.48
Long-term debt ratio-
Interest coverage247.44
Gross margin-
Net margin-
ROA32.7%
ROE146.6%
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€1.20M
Fixed assets 21/28€117k
Tangible fixed assets 22/27€113k
Financial fixed assets 28€4k
Current assets 29/58€1.09M
Amounts receivable within one year 40/41€89k
Cash & bank 54/58€994k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.20M
Equity 10/15€269k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€248k
Amounts payable 17/49€936k
Amounts payable within one year 42/48€936k
Trade debts payable within one year 44€144k
Income statement
Gross operating margin 9900€657k
Operating result 9901€467k
Financial income 75€35k
Financial charges 65€2k
Result before taxes 9903€500k
Income taxes 67/77€106k
Net result for the period 9904€394k
Result to be appropriated 9905€394k
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 Head offices & management consulting(70200)
Legal form Private limited company(610)
Incorporation22-06-2011
StatusActive
Postal code1180
Establishment units 2 locations
SWITCH ON PROD
Tollaan 107B, 1932 ZaventemAdviesbureaus op het gebied van public relations en communicatie
since 20112.202.573.852
Switch On Prod
Brugmannlaan 370, 1180 UkkelHandel in eigen onroerend goed
since 20162.253.093.432
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 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23078C0004/00P000 Flanders 1,456 m² 1 · 578 m² 8.7 m · 3 fl.
21618B0422/00E007 Brussels 200 m² 1 · 103 m² 14.1 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
27-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
25-06-2025
State Gazette act Capital & shares
Géraldine ROLIN JACQUEMYNS
2024
24-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
21-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
16-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
30-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
19-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
13-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
15-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
10-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 1 acts
Capital history · 1
25-06-2025
Capital change
All acts · 1 updated 1 year ago
2025
25-06-2025 Capital increase of €1,739,447 to €1,739,447 Capital & shares·Géraldine ROLIN JACQUEMYNS
  • €0 → €1.739.447
  • Inbreng in natura · Apport en nature
Notary: Géraldine ROLIN JACQUEMYNS · BruxellesFirm: ACTALYS, Notaires associés
Technical details 
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      "kind": "capital_increase",
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  "notary": {
    "name": "G\u00E9raldine ROLIN JACQUEMYNS",
    "firm_city": null,
    "firm_name": "ACTALYS, Notaires associ\u00E9s",
    "office_city": "Bruxelles",
    "is_associated": true
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2025-06-25",
    "filing_date": "2025-06-23",
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  "decision": {
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    "act_date": "2025-05-22",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": {
    "waived": false,
    "firm_kbo": "0681.575.448",
    "firm_name": "L\u0026S R\u00E9viseurs d\u2019Entreprises SRL",
    "ibr_number": null,
    "mission_type": "apport_nature",
    "individual_name": "Abdel Serghini"
  },
  "subject_company": {
    "kbo": "0837.171.168",
    "name_full": "SWITCH ON PROD",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
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  "shareholders_after": [],
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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
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameFR SWITCH ON PROD
Registered office
Brugmannlaan 370
1180 Ukkel, 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