Losses
-€34,463 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
SWS PROJECTS
Lifetime
8 annual accounts with figures on one time axispeak €30,038 (2021)
-€20,443▼ €23,292
lowest -€32,408 (2025)
-€32,408▼ €30,353
peak €38,023 (2023)
€3,560▼ 90.1%
€10,924▼ 31.7%
peak 0 FTE (2024)
0 FTE
Board2 names since 2017
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €2,849 to -€20,443Loss of €32,408Registered office moved from Lede to Aalst 06-06Equity from €35,968 to €3,560Debts from €15,983 to €10,924Cash from €5,302 to €3,684
Key points
from the 2025 annual accountsDebts
€10,924 75% of the balance sheet
Suppliers 64%Taxes and wages 34%Other 3%
Of this, €10,610 falls due within a year.
Liquidity
1.33 was 3.01 in 2024
Short-term debts fell from €11,963 to €10,610.
Filings
8 annual accounts 2 late
The 2019 accounts came latest: 91 days after the end of the period.
Starting capital
€100 100 shares
Position in the sector
€3,560
Less equity than 93% of companies in specialised construction. Sector median €340,458 · 9,273 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,134 companies had the same profile as SWS PROJECTS has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,134 companies, not a prediction for SWS PROJECTS. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0684752001
Registered office moved from Lede to Aalst
New registered office: Binnenstraat 245, 9300 Aalst · Previous registered office: Bellaertstraat 71, 9340 Lede · Board meeting of 26-05-2025 · Gazette deed
Resignation: (director)
General meeting of 26-07-2024 · Gazette deed
Appointment: (director)
General meeting of 25-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SWS PROJECTS Aalst | €14,484 | -€20,443 | 24.6% | 0 |
| POL COKELAERE Ledegem | €22,306 | -€6,280 | 62.5% | - |
| FEVER Staden | €12,209 | -€627 | 91.1% | - |
| Schilderwerken Matheus Deckers Heist-op-den-Berg | €32,879 | -€3,237 | 74.7% | - |
| JADY-RENOLUX Attert | €28,758 | -€8,606 | 13.2% | - |
| MAR-BRU Schaerbeek | €23,070 | €3,346 | 20.0% | - |
| TONNA FLOORING SOLUTIONS Grez-Doiceau | €36,052 | -€1,965 | 30.6% | - |
These companies have the same main activity as SWS PROJECTS: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €12,200 and €36,100, founded between 2011 and 2022.
Official details
Source: KBO- Status
- Active since 16-11-2017Normal situation
- Activity
- Wallpapering and laying of floor and wall coverings in other materialsNACE 43333
- Establishment unit
- 2.271.216.5949300 Aalst, since 16-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2025
Annual accounts 2025
- €14,484▼ 72.1%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on SWS PROJECTS
SWS PROJECTS files the abbreviated format. That format states no turnover. The gross margin fell from €5,559 in 2018 to -€20,443 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SWS PROJECTS
- What is the company number of SWS PROJECTS?
- The company number of SWS PROJECTS is 0684.752.001. The VAT number is the same number with BE in front: BE 0684.752.001.
- Where is SWS PROJECTS based?
- The registered office is at Binnenstraat 245, 9300 Aalst.Company details
- What does SWS PROJECTS do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of SWS PROJECTS?
- SWS PROJECTS is a private limited company (BV).
- When was SWS PROJECTS founded?
- SWS PROJECTS was founded on 16-11-2017.
- Is SWS PROJECTS still active?
- Yes, SWS PROJECTS is an active enterprise in the KBO register.
- What is the turnover of SWS PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is SWS PROJECTS profitable?
- In financial year 2025, SWS PROJECTS made a loss of €32,408.
- Where can I find the annual accounts of SWS PROJECTS?
- SWS PROJECTS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SWS PROJECTS due?
- SWS PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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