Swyer
ActiveSummary
Swyer has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €675k and a net result of €77k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 7.05 against 7.36 in 2024; short-term debt: 14.1% and cash: 1.4% of total assets), and 14.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
85.9%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
33 d early
2022
25 d late
2021
109 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€675k▲ 12.8%
2024 · €598k
2018: €207klowest in 8 years
2019: €254k▲ +22.6% vs 2018
2020: €333k▲ +31.2% vs 2019
2021: €396k▲ +19.0% vs 2020
2022: €484k▲ +22.1% vs 2021
2023: €531k▲ +9.8% vs 2022
2024: €598k▲ +12.7% vs 2023
2025: €675k▲ +12.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€786k▲ 13.8%
2024 · €690k
2018: €237klowest in 8 years
2019: €296k▲ +25.0% vs 2018
2020: €388k▲ +31.4% vs 2019
2021: €496k▲ +27.7% vs 2020
2022: €587k▲ +18.5% vs 2021
2023: €634k▲ +8.0% vs 2022
2024: €690k▲ +8.8% vs 2023
2025: €786k▲ +13.8% vs 2024highest in 8 years
2018 → 2025
Net result
€77k▲ 14.2%
2024 · €67k
2018: €40klowest in 8 years
2019: €47k▲ +16.1% vs 2018
2020: €79k▲ +69.1% vs 2019
2021: €63k▼ -20.0% vs 2020
2022: €88k▲ +38.2% vs 2021highest in 8 years
2023: €47k▼ -46.0% vs 2022
2024: €67k▲ +42.5% vs 2023
2025: €77k▲ +14.2% vs 2024
2018 → 2025
Working capital
€669k▲ 14.6%
2024 · €584k
2018: €201klowest in 8 years
2019: €230k▲ +14.8% vs 2018
2020: €316k▲ +37.3% vs 2019
2021: €381k▲ +20.4% vs 2020
2022: €475k▲ +24.6% vs 2021
2023: €506k▲ +6.7% vs 2022
2024: €584k▲ +15.2% vs 2023
2025: €669k▲ +14.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€396k-€484k▲ 22.1%€531k▲ 9.8%€598k▲ 12.7%€675k▲ 12.8%
2021: €396klowest in 5 years
2022: €484k▲ +22.1% vs 2021
2023: €531k▲ +9.8% vs 2022
2024: €598k▲ +12.7% vs 2023
2025: €675k▲ +12.8% vs 2024highest in 5 years
Operating result€94k-€116k▲ 23.3%€67k▼ 42.0%€81k▲ 20.2%€92k▲ 13.9%
2021: €94k
2022: €116k▲ +23.3% vs 2021highest in 5 years
2023: €67k▼ -42.0% vs 2022lowest in 5 years
2024: €81k▲ +20.2% vs 2023
2025: €92k▲ +13.9% vs 2024
Net result€63k-€88k▲ 38.2%€47k▼ 46.0%€67k▲ 42.5%€77k▲ 14.2%
2021: €63k
2022: €88k▲ +38.2% vs 2021highest in 5 years
2023: €47k▼ -46.0% vs 2022lowest in 5 years
2024: €67k▲ +42.5% vs 2023
2025: €77k▲ +14.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €786k
Fixed assets
€7k ▼ 55.0%
Current assets
€779k ▲ 15.4%
Equity and liabilities €786k
Equity
€675k ▲ 12.8%
Debt
€110k ▲ 20.4%
Debt's share of the balance-sheet total rises from 13.3% to 14.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €95k
Cash flow
€89k▲
2024 · €82k
Current ratio
7.05▼
2024 · 7.36
Debt to equity
0.16▲
2024 · 0.15
ROE
11.4%▲
2024 · 11.2%
ROA
9.8%▲
2024 · 9.8%
Interest coverage
50.25▼
2024 · 232.63
Debt ≤ 1 year
€110k▲
2024 · €92k
Income taxes
€39k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€690k€786k▲
Fixed assets21/28€15k€7k▼
Tangible fixed assets22/27€15k€7k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€8k€2k▼
Current assets29/58€675k€779k▲
Amounts receivable after more than one year29€350k€350k=
Other amounts receivable291€350k€350k=
Amounts receivable within one year40/41€322k€418k▲
Trade receivables40€270€17k▲
Other amounts receivable41€322k€401k▲
Cash at bank and in hand54/58€3k€11k▲
Equity and liabilities
Total equity and liabilities10/49€690k€786k▲
Equity10/15€598k€675k▲
Contributions10/11€6k€6k=
Reserves13€591k€668k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€590k€666k▲
Profit (loss) carried forward14€852€852=
Amounts payable17/49€92k€110k▲
Amounts payable within one year42/48€92k€110k▲
Trade debts44€8k€20k▲
Suppliers440/4€8k€20k▲
Taxes, remuneration and social security45€84k€91k▲
Taxes450/3€84k€91k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€3k€195▼
Gross operating margin9900€99k€104k▲
Operating profit (loss)9901€81k€92k▲
Financial income75/76B€23k€26k▲
Recurring financial income75€23k€26k▲
Financial charges65/66B€410€2k▲
Recurring financial charges65€410€2k▲
Profit (loss) for the period before taxes9903€104k€116k▲
Income taxes67/77€36k€39k▲
Profit (loss) for the period9904€67k€77k▲
Profit (loss) for the period to be appropriated9905€67k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€78k▲
Profit (loss) brought forward from the previous period14P€852€852=
Transfer to equity691/2€67k€77k▲
To other reserves6921€67k€77k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €6k | €9k | €15k | €12k | ▼ 17.1% |
| Other operating charges640/8 | €101 | €3k | €1k | €3k | €195 | ▼ 94.1% |
| Gross operating margin9900 | €103k | €125k | €78k | €99k | €104k | ▲ 5.6% |
| Operating profit (loss)9901 | €94k | €116k | €67k | €81k | €92k | ▲ 13.9% |
| Financial income75/76B | €10k | €18k | €8k | €23k | €26k | ▲ 13.0% |
| Recurring financial income75 | €10k | €18k | €8k | €23k | €26k | ▲ 13.0% |
| Financial charges65/66B | €889 | €1k | €4k | €410 | €2k | ▲ 405% |
| Recurring financial charges65 | €889 | €1k | €4k | €410 | €2k | ▲ 405% |
| Profit (loss) for the period before taxes9903 | €103k | €133k | €72k | €104k | €116k | ▲ 12.2% |
| Income taxes67/77 | €39k | €45k | €25k | €36k | €39k | ▲ 8.3% |
| Profit (loss) for the period9904 | €63k | €88k | €47k | €67k | €77k | ▲ 14.2% |
| Profit (loss) for the period to be appropriated9905 | €63k | €88k | €47k | €67k | €77k | ▲ 14.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €496k | €587k | €634k | €690k | €786k | ▲ 13.8% |
| Fixed assets21/28 | €15k | €9k | €25k | €15k | €7k | ▼ 55.0% |
| Tangible fixed assets22/27 | €15k | €9k | €25k | €15k | €7k | ▼ 55.0% |
| Plant, machinery and equipment23 | €11k | €6k | €6k | €7k | €4k | ▼ 36.0% |
| Furniture and vehicles24 | €5k | €3k | €19k | €8k | €2k | ▼ 71.6% |
| Current assets29/58 | €480k | €578k | €610k | €675k | €779k | ▲ 15.4% |
| Amounts receivable after more than one year29 | €350k | €350k | €350k | €350k | €350k | = |
| Other amounts receivable291 | €350k | €350k | €350k | €350k | €350k | = |
| Amounts receivable within one year40/41 | €126k | €227k | €252k | €322k | €418k | ▲ 29.6% |
| Trade receivables40 | €5k | €28k | €8k | €270 | €17k | ▲ 6,214% |
| Other amounts receivable41 | €121k | €200k | €244k | €322k | €401k | ▲ 24.4% |
| Cash at bank and in hand54/58 | €4k | €1k | €7k | €3k | €11k | ▲ 290% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €496k | €587k | €634k | €690k | €786k | ▲ 13.8% |
| Equity10/15 | €396k | €484k | €531k | €598k | €675k | ▲ 12.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €389k | €477k | €524k | €591k | €668k | ▲ 13.0% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €387k | €475k | €522k | €590k | €666k | ▲ 13.0% |
| Profit (loss) carried forward14 | €852 | €852 | €852 | €852 | €852 | = |
| Amounts payable17/49 | €99k | €103k | €103k | €92k | €110k | ▲ 20.4% |
| Amounts payable within one year42/48 | €99k | €103k | €103k | €92k | €110k | ▲ 20.4% |
| Trade debts44 | €6k | €6k | €22k | €8k | €20k | ▲ 149% |
| Suppliers440/4 | €6k | €6k | €22k | €8k | €20k | ▲ 149% |
| Taxes, remuneration and social security45 | €93k | €98k | €81k | €84k | €91k | ▲ 8.2% |
| Taxes450/3 | €87k | €98k | €81k | €84k | €91k | ▲ 8.2% |
| Remuneration and social security454/9 | €6k | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €88k | €47k | €67k | €77k | ▲ 14.2% |
| + Depreciation and write-downs630 | €9k | €6k | €9k | €15k | €12k | ▼ 17.1% |
| Operating cash flow (approximation) | €72k | €94k | €57k | €82k | €89k | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | €0 | €-25k | €-5k | €-4k | ▲ 16.7% |
| Change in cash | - | €-3k | €6k | €-4k | €8k | ▲ 289% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €531k ▲9.8%
6 profitable years in a row build equity to €531k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €88k ▲38.2%
Operating result €116k, net result €88k, both a record.
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
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.
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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, Brasschaat · 1 establishment unit since 2000
Ground area
3,595 m²
Building footprint
308 m²
Volume, LiDAR
1,805 m³
Parcel 11008H0237/00E000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fortsebaan 57, 2930 Brasschaat
since 20002.116.045.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0237/00E000 | Flanders | 3,594 m² | 1 · 308 m² | 9.2 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 10,610 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 (pre-2019)
Founded24-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.