SWTECH ENGINEERING
ActiveSummary
SWTECH ENGINEERING has been active since 2024 and the Belgian Official 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 47% of 22,153 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €10,880
- Profit
- €12,063
Why 72raises riskFounded in 2024Size: total assets €36,575Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.42, cash €31,245Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 45% on solvency, 69% on liquidity, 96% on profitability and 99% on growth.
The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 34 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €12,063
- Liquidity more than doubledcurrent ratio 1.42
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €18,529 after a loss of €3,183 in 2024.
What the company sold each financial 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 format, 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 96.6% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% 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 497,474 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 74.5% 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 | - |
| Operating profit (loss)9901 | -€3,183 | €18,529 | - |
| 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 | - |
| Income taxes67/77 | - | €4,125 | - |
| Profit (loss) for the period9904 | -€3,183 | €12,063 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,183 | €12,063 | - |
| 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 | - |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€3,183 | €8,880 | - |
| 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 | - |
| Operating cash flow (approximation) | -€3,183 | €12,063 | - |
| 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.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00282490 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00161333 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
16-12
Gazette deed
IncorporationAppointment: SELMI Wajdi (director) · Founder · Founding capital14 facts ▸
- Incorporation, “SWTECH ENGINEERING” (deed in French)
- Founder, SELMI Wajdi
- Founding capital, €2,000
- Other provision, “plan financier, remis au notaire avant constitution,les capitaux propres de départ s'y trouvent justifiés” (deed in French)
- Other provision, “responsabilité des fondateurs, attention attirée sur responsabilité en cas de faillite dans les trois ans de la constitution” (deed in French)
- Shareholding, 100, EUR
- Bank account, 2000, “compte spécial ouvert au nom de la société en formation pour dépôt des apports” (deed in French)
- Other provision, “arrêt des statuts, déclare arrêter les statuts de la société” (deed in French)
- Capital
- Other provision, “première assemblée générale ordinaire, premier lundi du mois de mai de l'année 2025” (deed in French)
- Registered office clause, “1082 Berchem-Sainte-Agathe,Rue Jean-Baptiste Vanderdriesch 12” (deed in French)
- Board rule, 1, “actionnaire unique” (deed in French)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21003A0133/00A003 | Brussels | 815 m² | 1 · 406 m² | 14.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SWTECH ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, peut établir sièges administratifs,agences,ateliers,dépôts et succursales en Belgique et à l'étranger par…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires peuvent prendre connaissance relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, actions dont cession proposée” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Émission entièrement souscrite ou plus aucun actionnaire ne se prévale, ouverture de la souscription” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale délibérant dans formes modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée de désigner liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment que ce soit” (deed in French)