SWM9
ActiveSummary
SWM9 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €308,015. Equity is growing by ~61.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 2737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▲+14
Solvency58▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.41 in 2024; short-term debt: 30.6% and cash: 12.1% of total assets), and 67.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
79 d early
2024
7 d late
2023
54 d early
2022
60 d early
2021
101 d early
2020
58 d early
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 June (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 company by total assets in Turnhout, Telecoms and IT sector#9 company by equity in Turnhout, Telecoms and IT sector
Equity
€1.4m▲ 29.3%
2024 · €1.0m
Total assets
€4.2m▼ 1.6%
2024 · €4.2m
Net result
€308,015▲ 4,085%
2024 · €7,360
Working capital
€294,170▼ 36.4%
2024 · €462,748
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€45,162▲ 82.6%€175,905▲ 289%€200,282▲ 13.9%€101,023▼ 49.6%€159,395▲ 57.8%
Net result€27,571within the sector's middle half▲ 40.6%€94,847above the sector's middle half▲ 244%€127,354above the sector's middle half▲ 34.3%€7,360within the sector's middle half▼ 94.2%€308,015above the sector's middle half▲ 4,085%
Equity€63,755within the sector's middle half▲ 76.2%€414,751above the sector's middle half▲ 551%€1.0mabove the sector's middle half▲ 151%€1.0mabove the sector's middle half▲ 0.7%€1.4mabove the sector's middle half▲ 29.3%
Total assets€756,853above the sector's middle half▲ 1,372%€1.1mabove the sector's middle half▲ 41.1%€1.8mabove the sector's middle half▲ 69.9%€4.2mabove the sector's middle half▲ 133%€4.2mabove the sector's middle half▼ 1.6%
Debt€693,099▲ 4,448%€653,380▼ 5.7%€772,664▲ 18.3%€3.2m▲ 311%€2.8m▼ 11.8%
Working capital€433,215above the sector's middle half▲ 13,726%€877,958above the sector's middle half▲ 103%€1.5mabove the sector's middle half▲ 74.6%€462,748within the sector's middle half▼ 69.8%€294,170within the sector's middle half▼ 36.4%
Solvency8.4%below the sector's middle half▼ 61.9pp38.8%within the sector's middle half▲ 30.4pp57.4%within the sector's middle half▲ 18.6pp24.8%within the sector's middle half▼ 32.6pp32.6%within the sector's middle half▲ 7.8pp
Current ratio2.34within the sector's middle half▲ 1.135.65above the sector's middle half▲ 3.3112.81above the sector's middle half▲ 7.161.41within the sector's middle half▼ 11.411.23within the sector's middle half▼ 0.17
Return on assets (ROA)3.6%below the sector's middle half▼ 34.5pp8.9%within the sector's middle half▲ 5.2pp7.0%within the sector's middle half▼ 1.9pp0.2%within the sector's middle half▼ 6.8pp7.4%within the sector's middle half▲ 7.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -94% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets
€2.6m ▼ 1.2%
Current assets
€1.6m ▼ 2.2%
Equity and liabilities €4.2m
Equity
€1.4m ▲ 29.3%
Debt
€2.8m ▼ 11.8%
Debt's share of the balance-sheet total falls from 75.2% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189,719▲
2024 · €131,786
Cash flow
€338,339▲
2024 · €38,122
Quick ratio
0.49▼
2024 · 0.58
Debt to equity
2.06▼
2024 · 3.03
ROE
22.7%▲
2024 · 0.7%
Interest coverage
1.41▲
2024 · 0.84
Debt ≤ 1 year
€1.3m▲
2024 · €1.1m
Debt > 1 year
€1.5m▼
2024 · €2.0m
Income taxes
€19,293▼
2024 · €33,340
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €376 | €878 | €30,763 | €30,324 | ▼ 1.4% |
| Other operating charges640/8 | €191 | €560 | €2,290 | €1,740 | €23,905 | ▲ 1,274% |
| Gross operating margin9900 | €45,353 | €176,841 | €203,449 | €133,526 | €213,624 | ▲ 60.0% |
| Operating profit (loss)9901 | €45,162 | €175,905 | €200,282 | €101,023 | €159,395 | ▲ 57.8% |
| Financial income75/76B | - | €92 | €41,950 | €95,933 | €302,191 | ▲ 215% |
| Recurring financial income75 | - | €92 | €41,950 | €95,933 | €302,191 | ▲ 215% |
| Financial charges65/66B | €10,328 | €55,487 | €75,624 | €156,256 | €134,278 | ▼ 14.1% |
| Recurring financial charges65 | €10,328 | €55,487 | €75,624 | €156,256 | €134,278 | ▼ 14.1% |
| Profit (loss) for the period before taxes9903 | €34,834 | €120,510 | €166,608 | €40,700 | €327,308 | ▲ 704% |
| Income taxes67/77 | €7,262 | €25,663 | €39,254 | €33,340 | €19,293 | ▼ 42.1% |
| Profit (loss) for the period9904 | €27,571 | €94,847 | €127,354 | €7,360 | €308,015 | ▲ 4,085% |
| Profit (loss) for the period to be appropriated9905 | €27,571 | €94,847 | €127,354 | €7,360 | €308,015 | ▲ 4,085% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €756,853 | €1.1m | €1.8m | €4.2m | €4.2m | ▼ 1.6% |
| Fixed assets21/28 | - | €1,317 | €152,058 | €2.6m | €2.6m | ▼ 1.2% |
| Intangible fixed assets21 | - | - | €151,619 | €121,295 | €90,971 | ▼ 25.0% |
| Tangible fixed assets22/27 | - | €1,317 | €439 | €0 | - | - |
| Furniture and vehicles24 | - | €1,317 | €439 | €0 | - | - |
| Financial fixed assets28 | - | - | - | €2.5m | €2.5m | = |
| Current assets29/58 | €756,853 | €1.1m | €1.7m | €1.6m | €1.6m | ▼ 2.2% |
| Stocks and contracts in progress3 | €553,164 | €950,976 | €946,844 | €946,844 | €946,844 | = |
| Stocks30/36 | €553,164 | €950,976 | €946,844 | €946,844 | €946,844 | = |
| Amounts receivable within one year40/41 | €33,266 | €24,144 | €83,574 | €48,867 | €94,315 | ▲ 93.0% |
| Trade receivables40 | €31,610 | €20,359 | €80,447 | €48,867 | €55,547 | ▲ 13.7% |
| Other amounts receivable41 | €1,656 | €3,785 | €3,127 | €0 | €38,768 | - |
| Current investments50/53 | - | - | - | €300,398 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €163,689 | €90,287 | €631,234 | €305,240 | €504,486 | ▲ 65.3% |
| Deferred charges and accrued income490/1 | €6,734 | €1,408 | €1,059 | €3,775 | €23,522 | ▲ 523% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €756,853 | €1.1m | €1.8m | €4.2m | €4.2m | ▼ 1.6% |
| Equity10/15 | €63,755 | €414,751 | €1.0m | €1.0m | €1.4m | ▲ 29.3% |
| Contributions10/11 | €12,400 | €268,550 | €768,550 | €768,550 | €768,550 | = |
| Reserves13 | €51,355 | €146,201 | €273,555 | €280,915 | €588,930 | ▲ 110% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | €49,500 | €144,346 | €271,700 | €279,060 | €587,075 | ▲ 110% |
| Amounts payable17/49 | €693,099 | €653,380 | €772,664 | €3.2m | €2.8m | ▼ 11.8% |
| Amounts payable after more than one year17 | €369,460 | €464,523 | €642,900 | €2.0m | €1.5m | ▼ 24.9% |
| Financial debts170/4 | €369,460 | €464,523 | €642,900 | €2.0m | €1.5m | ▼ 24.9% |
| Amounts payable within one year42/48 | €323,638 | €188,856 | €129,764 | €1.1m | €1.3m | ▲ 11.6% |
| Current portion of amounts payable after more than one year42 | €47,269 | €67,207 | €69,308 | €268,787 | €282,901 | ▲ 5.3% |
| Financial debts43 | €250,000 | - | - | - | €4,213 | - |
| Credit institutions430/8 | €250,000 | - | - | - | €4,213 | - |
| Trade debts44 | €4,455 | €110,516 | €17,568 | €30,377 | €22,327 | ▼ 26.5% |
| Suppliers440/4 | €4,455 | €110,516 | €17,568 | €30,377 | €22,327 | ▼ 26.5% |
| Advances received on contracts in progress46 | €9,648 | €1,735 | - | - | - | - |
| Taxes, remuneration and social security45 | €12,267 | €8,582 | €40,574 | €46,328 | €10,082 | ▼ 78.2% |
| Taxes450/3 | €12,267 | €8,582 | €40,574 | €46,328 | €10,082 | ▼ 78.2% |
| Other amounts payable47/48 | - | €817 | €2,314 | €796,885 | €955,473 | ▲ 19.9% |
| Accrued charges and deferred income492/3 | - | - | - | €48 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,571 | €94,847 | €127,354 | €7,360 | €308,015 | ▲ 4,085% |
| + Depreciation and write-downs630 | - | €376 | €878 | €30,763 | €30,324 | ▼ 1.4% |
| Operating cash flow (approximation) | €27,571 | €95,223 | €128,231 | €38,122 | €338,339 | ▲ 788% |
| Investment in fixed assets (approximation) | - | - | -€151,619 | -€2.5m | €0 | ▲ 100% |
| Change in cash | - | -€73,402 | €540,947 | -€325,993 | €199,246 | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €308,015 ▲4,085%
Net result €308,015, the highest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 12.81
Current ratio from 5.65 to 12.81; short-term debt falls from €188,856 to €129,764.
31-12
Financial
Equity above €1mEq €1.0m ▲151%
5 profitable years in a row build equity to €1.0m.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.65
Current ratio from 2.34 to 5.65; short-term debt falls from €323,638 to €188,856.
31-12
Financial
Equity above €200,000Eq €414,751 ▲551%
4 profitable years in a row build equity to €414,751.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2019
Ground area
121 m²
Building footprint
121 m²
Volume, LiDAR
1,400 m³
Parcel 13454Q0440/00P000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
SWM9
since 20192.284.586.263
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13454Q0440/00P000 | Flanders | 120 m² | 1 · 120 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of SWM9 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Dataminded
BE 0667.976.246
Leuven · Eq €1,357,061
ACTIA Telematics Services
BE 0473.953.282
Namur · Eq €1,356,136
ODS Belgium
BE 0883.267.944
Essen · Eq €1,352,844
BIT COMPUTERS
BE 0478.975.112
Lievegem · Eq €1,351,558
TELICT
BE 0874.309.894
Rumst · Eq €1,367,298
Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 6,846 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
jacquesglenisson@skynet.beTurnhout
Phone
0470/582056Turnhout
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719482058
Also
9925:BE0719482058
Registered
27-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.