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SWOOSH

Active
Public limited companyfounded 199927 yrs activeAvenue Charbonnage(EVL) 27, 7120 Estinnes, BelgiumKBO/BCE: BE 0465.456.478
Summary

SWOOSH has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€1,870. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability28▼-15
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.04 in 2024), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Return on assets
-3.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · 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 -€1.1m
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
20 d early
2023
30 d early
2022
35 d early
2021
26 d early
2020
30 d late
2019
186 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SWOOSH was incorporated on 15 February 1999.1 Total assets fell from EUR 209,258 in 2018 to EUR 51,565 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,870
2024 · €1,146
Working capital
-€1.1m▼ 0.2%
2024 · -€1.1m
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,045▲ 80.4%€152,821-€19,192-€1,828▲ 90.5%-€1,870▼ 2.3%
Net result€16,514€155,830▲ 844%-€16,740€1,146-€1,870
Equity-€1.3m▲ 1.3%-€1.1m▲ 12.4%-€1.1m▼ 1.5%-€1.1m▲ 0.1%-€1.1m▼ 0.2%
Total assets€93,132▲ 4.4%€96,140▲ 3.2%€81,905▼ 14.8%€51,565▼ 37.0%€51,565=
Debt€1.4m▼ 0.9%€1.2m▼ 11.3%€1.2m▲ 0.2%€1.2m▼ 2.6%€1.2m▲ 0.2%
Working capital-€1.3m▲ 1.2%-€1.2m▲ 11.9%-€1.1m▲ 2.9%-€1.1m▲ 0.1%-€1.1m▼ 0.2%
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€2,045-€2,045Net result 2021: €16,514€16,514Operating result 2022: €152,821€152,821Net result 2022: €155,830€155,830Operating result 2023: -€19,192-€19,192Net result 2023: -€16,740-€16,740Operating result 2024: -€1,828-€1,828Net result 2024: €1,146€1,146Operating result 2025: -€1,870-€1,870Net result 2025: -€1,870-€1,87020212022202320242025-€20,000-€10,000€0Operating result 2023: -€19,192-€19,200Net result 2023: -€16,740-€16,700Operating result 2024: -€1,828-€1,830Net result 2024: €1,146€1,150Operating result 2025: -€1,870-€1,870Net result 2025: -€1,870-€1,870202320242025
The operating result stays negative: a loss of €1,870 in 2025 against €1,828 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.04▼
2024 · 0.04
Debt to equity
-1.05=
2024 · -1.05
ROA
-3.6%▼
2024 · 2.2%
Debt ≤ 1 year
€1.2m▲
2024 · €1.2m
A ratio outside any meaningful range has been withheld (balance sheet total €51,565, equity -€1.1m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€51,565€51,565=
Current assets29/58€51,565€51,565=
Amounts receivable within one year40/41€51,565€51,565=
Other amounts receivable41€51,565€51,565=
Equity and liabilities
Total equity and liabilities10/49€51,565€51,565=
Equity10/15-€1.1m-€1.1m▼
Contributions10/11€2.0m€2.0m=
Outside capital11€2.0m€2.0m=
Other1109/19€2.0m€2.0m=
Reserves13€1,239€1,239=
Non-distributable reserves130/1€1,239€1,239=
Reserves not available under the articles1311€1,239€1,239=
Profit (loss) carried forward14-€3.2m-€3.2m▼
Amounts payable17/49€1.2m€1.2m▲
Amounts payable within one year42/48€1.2m€1.2m▲
Trade debts44€3,744€3,752▲
Suppliers440/4€3,744€3,752▲
Other amounts payable47/48€1.2m€1.2m▲
Income statement Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900-€1,441-€1,470▼
Operating profit (loss)9901-€1,828-€1,870▼
Financial income75/76B€2,974-
Recurring financial income75€2,974-
Profit (loss) for the period before taxes9903€1,146-€1,870▼
Profit (loss) for the period9904€1,146-€1,870▼
Profit (loss) for the period to be appropriated9905€1,146-€1,870▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3.2m-€3.2m▼
Profit (loss) brought forward from the previous period14P-€3.2m-€3.2m=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€348€384€387€400▲ 3.2%
Non-recurring operating charges66A--€16,686---
Gross operating margin9900-€1,697€153,169-€2,121-€1,441-€1,470▼ 2.0%
Operating profit (loss)9901-€2,045€152,821-€19,192-€1,828-€1,870▼ 2.3%
Financial income75/76B€3,900€3,008€2,451€2,974--
Recurring financial income75€3,900€3,008€2,451€2,974--
Financial charges65/66B€17-----
Recurring financial charges65€17-----
Profit (loss) for the period before taxes9903€1,837€155,830-€16,740€1,146-€1,870▼ 263%
Income taxes67/77-€14,677-----
Profit (loss) for the period9904€16,514€155,830-€16,740€1,146-€1,870▼ 263%
Profit (loss) for the period to be appropriated9905€16,514€155,830-€16,740€1,146-€1,870▼ 263%
Line20212022202320242025Change
Assets
Total assets20/58€93,132€96,140€81,905€51,565€51,565=
Fixed assets21/28€50,000€50,000€0---
Financial fixed assets28€50,000€50,000€0---
Current assets29/58€43,131€46,139€81,905€51,565€51,565=
Amounts receivable within one year40/41€43,131€46,139€81,905€51,565€51,565=
Other amounts receivable41€43,131€46,139€81,905€51,565€51,565=
Equity and liabilities
Total equity and liabilities10/49€93,132€96,140€81,905€51,565€51,565=
Equity10/15-€1.3m-€1.1m-€1.1m-€1.1m-€1.1m▼ 0.2%
Contributions10/11€2.0m€2.0m€2.0m€2.0m€2.0m=
Outside capital11€2.0m€2.0m€2.0m€2.0m€2.0m=
Other1109/19€2.0m€2.0m€2.0m€2.0m€2.0m=
Reserves13€1,239€1,239€1,239€1,239€1,239=
Non-distributable reserves130/1€1,239€1,239€1,239€1,239€1,239=
Reserves not available under the articles1311€1,239€1,239€1,239€1,239€1,239=
Profit (loss) carried forward14-€3.3m-€3.1m-€3.2m-€3.2m-€3.2m▼ 0.1%
Amounts payable17/49€1.4m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Amounts payable within one year42/48€1.4m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Trade debts44€370€3,728€3,736€3,744€3,752▲ 0.2%
Suppliers440/4€370€3,728€3,736€3,744€3,752▲ 0.2%
Taxes, remuneration and social security45€0-----
Taxes450/3€0-----
Other amounts payable47/48€1.4m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Line20212022202320242025Change
Profit (loss) for the period9904€16,514€155,830-€16,740€1,146-€1,870▼ 263%
Operating cash flow (approximation)€16,514€155,830-€16,740€1,146-€1,870▼ 263%
Investment in fixed assets (approximation)-€0€50,000---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €1,146
Net result €1,146 after one loss-making year.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €155,830 ▲844%
Operating result €152,821, net result €155,830, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €16,514
Net result €16,514 after 3 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
02-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 186 days late
2020
22-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 449 days late
2019
31-12
Financial Weakest financial yearnet -€85,960
Net result drops to -€85,960, the lowest in the series; recovery starts the following year.
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 56 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Estinnes
exact location from the address register On OpenStreetMap
Ground area
296 m²
Building footprint
81 m²
Volume, LiDAR
507 m³
Parcel 55011D0051/00W008, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55011D0051/00W008 Wallonia 296 m² 1 · 81 m² 6.8 m · 2 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 owner

Chain of control

  1. DODECAGONE 100%
  2. LA PILERIE 88%
  3. SWOOSH

Highest known parent: DODECAGONE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Identification & contact

Identification
Legal formPublic limited company
Founded15-02-1999
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.