LOUIS SWERTS
ActiveSummary
LOUIS SWERTS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €-21k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 50% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+7
Solvency69=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.78 in 2024; short-term debt: 56% and cash: 53.4% of total assets), but 56% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
44%
Return on assets
-5.1%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-21k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
52 d early
2023
50 d early
2022
40 d early
2021
49 d early
2020
45 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€180k▼ 10.5%
2024 · €201k
2019: €189k
2020: €200k
2021: €230k
2022: €236k
2023: €237k
2024: €201k
2019 → 2025
Total assets
€408k▼ 10.7%
2024 · €457k
2019: €773k
2020: €514k
2021: €540k
2022: €528k
2023: €509k
2024: €457k
2019 → 2025
Net result
€-21k▲ 42.0%
2024 · €-36k
2019: €32k
2020: €11k
2021: €30k
2022: €7k
2023: €237
2024: €-36k
2019 → 2025
Working capital
€180k▼ 10.5%
2024 · €201k
2019: €142k
2020: €172k
2021: €216k
2022: €236k
2023: €237k
2024: €201k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€230k-€236k▲ 2.9%€237k▲ 0.1%€201k▼ 15.3%€180k▼ 10.5%
Operating result€59k-€24k▼ 59.3%€14k▼ 43.3%€-18k€-4k▲ 79.8%
Net result€30k-€7k▼ 77.6%€237▼ 96.4%€-36k€-21k▲ 42.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €18k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €408k
Equity
€180k ▼ 10.5%
Debt
€228k ▼ 10.8%
Debt's share of the balance-sheet total falls from 56.1% to 56.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.79▲
2024 · 1.78
Quick ratio
1.75▲
2024 · 1.75
Debt to equity
1.27▼
2024 · 1.28
ROE
-11.7%▲
2024 · -18.0%
ROA
-5.1%▲
2024 · -7.9%
Debt ≤ 1 year
€228k▼
2024 · €256k
Income taxes
€629▼
2024 · €758
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€457k€408k▼
Current assets29/58€457k€408k▼
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€42k€17k▼
Trade receivables40€41k€15k▼
Other amounts receivable41€1k€2k▲
Current investments50/53€160k€161k▲
Cash at bank and in hand54/58€243k€218k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€457k€408k▼
Equity10/15€201k€180k▼
Contributions10/11€20k€20k=
Reserves13€116k€116k=
Distributable reserves133€116k€116k=
Profit (loss) carried forward14€65k€44k▼
Amounts payable17/49€256k€228k▼
Amounts payable within one year42/48€256k€228k▼
Trade debts44€408€1k▲
Suppliers440/4€408€1k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€250k€221k▼
Income statement
Code20242025
Other operating charges640/8€2k€6k▲
Gross operating margin9900€-16k€3k▲
Operating profit (loss)9901€-18k€-4k▲
Financial income75/76B€286€1k▲
Recurring financial income75€286€1k▲
Financial charges65/66B€18k€18k▲
Recurring financial charges65€18k€18k▲
Profit (loss) for the period before taxes9903€-35k€-20k▲
Income taxes67/77€758€629▼
Profit (loss) for the period9904€-36k€-21k▲
Profit (loss) for the period to be appropriated9905€-36k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€44k▼
Profit (loss) brought forward from the previous period14P€101k€65k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-36k ▼15386%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €200kEq €200k ▲5.6%
2 profitable years in a row build equity to €200k.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mol · 1 establishment unit since 1969
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ginderbuiten 1172400 MolGround area
138 m²
Building footprint
102 m²
Volume, LiDAR
614 m³
Parcel 13025G0252/00D000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ginderbuiten 117, 2400 Mol
since 19692.002.268.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0252/00D000 | Flanders | 138 m² | 1 · 102 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VD-Tech Installatietechnieken
BE 0784.313.789
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BART TIMMERMAN
BE 0890.490.979
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Bart D'hondt
BE 0887.373.123
Sint-Niklaas · Eq €179,327
DEMEESTER JONAS
BE 0791.234.245
Brakel · Eq €179,856
VAN DYCK
BE 0452.681.875
Grobbendonk · Eq €178,988
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,931 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1968
Fiscal year end30-06
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.