SWTECH ENGINEERING
ActiveSummary
SWTECH ENGINEERING has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,880 and a net result of €12,063. Its solvency ranks better than 46% of 22,158 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Financials · fiscal year 2025, micro schema
2024 to 2025, 2 fiscal years
The operating result returns to profit in 2025: €18,529 after a loss of €3,183 in 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same schema, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 2,390 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€3,183 | €18,529 | ▲ 682% |
| Operating profit (loss)9901 | -€3,183 | €18,529 | ▲ 682% |
| Financial income75/76B | - | €3 | - |
| Recurring financial income75 | - | €3 | - |
| Financial charges65/66B | - | €2,343 | - |
| Recurring financial charges65 | - | €2,343 | - |
| Profit (loss) for the period before taxes9903 | -€3,183 | €16,189 | ▲ 609% |
| Income taxes67/77 | - | €4,125 | - |
| Profit (loss) for the period9904 | -€3,183 | €12,063 | ▲ 479% |
| Profit (loss) for the period to be appropriated9905 | -€3,183 | €12,063 | ▲ 479% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,000 | €36,575 | ▲ 1,729% |
| Current assets29/58 | €2,000 | €36,575 | ▲ 1,729% |
| Amounts receivable within one year40/41 | - | €3,283 | - |
| Trade receivables40 | - | €3,283 | - |
| Cash at bank and in hand54/58 | €2,000 | €31,245 | ▲ 1,462% |
| Deferred charges and accrued income490/1 | - | €2,047 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,000 | €36,575 | ▲ 1,729% |
| Equity10/15 | -€1,183 | €10,880 | ▲ 1,020% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€3,183 | €8,880 | ▲ 379% |
| Amounts payable17/49 | €3,183 | €25,695 | ▲ 707% |
| Amounts payable within one year42/48 | €3,183 | €25,673 | ▲ 707% |
| Trade debts44 | €3,183 | €6,382 | ▲ 101% |
| Suppliers440/4 | €3,183 | €6,382 | ▲ 101% |
| Taxes, remuneration and social security45 | - | €9,205 | - |
| Taxes450/3 | - | €6,805 | - |
| Remuneration and social security454/9 | - | €2,400 | - |
| Other amounts payable47/48 | - | €10,086 | - |
| Accrued charges and deferred income492/3 | - | €22 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,183 | €12,063 | ▲ 479% |
| Operating cash flow (approximation) | -€3,183 | €12,063 | ▲ 479% |
| Change in cash | - | €29,245 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.