SW CONSULTING
ActiveSW CONSULTING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329k and a net result of €-10k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-66
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 4.37 against 39.61 in 2024; short-term debt: 22.7% and cash: 6.2% of total assets), and 23.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 62
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
59 d early
2023
41 d early
2022
on the day
2021
34 d early
2020
59 d early
2019
52 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€329k▼ 24.2%
2024 · €434k
2018: €335k
2019: €290k
2020: €327k
2021: €343k
2022: €360k
2023: €385k
2024: €434k
2018 → 2025
Total assets
€429k▼ 3.5%
2024 · €445k
2018: €367k
2019: €413k
2020: €374k
2021: €381k
2022: €419k
2023: €451k
2024: €445k
2018 → 2025
Net result
€-10k
2024 · €49k
2018: €38k
2019: €46k
2020: €57k
2021: €46k
2022: €62k
2023: €60k
2024: €49k
2018 → 2025
Working capital
€328k▼ 22.4%
2024 · €423k
2018: €334k
2019: €290k
2020: €327k
2021: €315k
2022: €339k
2023: €369k
2024: €423k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€343k-€360k▲ 5.0%€385k▲ 6.9%€434k▲ 12.7%€329k▼ 24.2%
Operating result€57k-€86k▲ 50.6%€84k▼ 2.7%€68k▼ 19.5%€-14k
Net result€46k-€62k▲ 34.6%€60k▼ 3.4%€49k▼ 18.4%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €68k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €429k
Fixed assets
€4k▼ 67.9%
Current assets
€426k▼ 1.8%
Equity and liabilities €429k
Equity
€329k▼ 24.2%
Debt
€100k▲ 815%
The debt ratio rises from 2.5% to 23.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €75k
Cash flow
€-2k▼
2024 · €56k
Solvency
76.7%▼
2024 · 97.5%
Current ratio
4.37▼
2024 · 39.61
Quick ratio
4.37▼
2024 · 39.61
Debt / equity
0.30▲
2024 · 0.03
ROE
-3.0%▼
2024 · 11.3%
ROA
-2.3%▼
2024 · 11.0%
Interest coverage
-143.64▼
2024 · 1363.71
Debt
€100k▲
2024 · €11k
Debt ≤ 1 year
€97k▲
2024 · €11k
Income taxes
€506▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€445k€429k▼
Fixed assets21/28€11k€4k▼
Tangible fixed assets22/27€11k€4k▼
Furniture and vehicles24€11k€4k▼
Current assets29/58€434k€426k▼
Amounts receivable within one year40/41€19k€1k▼
Trade receivables40€18k-
Other amounts receivable41€721€1k▲
Current investments50/53€291k€398k▲
Cash at bank and in hand54/58€124k€27k▼
Equity and liabilities
Total equity and liabilities10/49€445k€429k▼
Equity10/15€434k€329k▼
Contributions10/11€19k€19k=
Reserves13€325k€230k▼
Tax-exempt reserves132-€213k
Distributable reserves133€325k€17k▼
Profit (loss) carried forward14€91k€81k▼
Amounts payable17/49€11k€100k▲
Amounts payable within one year42/48€11k€97k▲
Trade debts44€395€256▼
Suppliers440/4€395€256▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€7k€97k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€76k€-5k▼
Operating profit (loss)9901€68k€-14k▼
Financial income75/76B€833€4k▲
Recurring financial income75€833€4k▲
Financial charges65/66B€55€43▼
Recurring financial charges65€55€43▼
Profit (loss) for the period before taxes9903€68k€-9k▼
Income taxes67/77€20k€506▼
Profit (loss) for the period9904€49k€-10k▼
Transfer from tax-exempt reserves789-€95k
Profit (loss) for the period to be appropriated9905€49k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€140k€176k▲
Profit (loss) brought forward from the previous period14P€91k€91k=
Transfer to equity691/2€49k-
To the legal reserve6920€49k-
Profit to be distributed694/7-€95k
Return on contributions (dividend)694-€95k
The notes to these accounts (6 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
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-10k ▼120%
Net result drops to €-10k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 39.61
Current ratio from 6.61 to 39.61; short-term debt falls from €66k to €11k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €62k ▲34.6%
Operating result €86k, net result €62k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 8.02
Current ratio from 3.37 to 8.02; short-term debt falls from €122k to €47k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Nivelles · 1 establishment unit since 2002
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.
Rue des Poulées 21400 NivellesGround area
196 m²
Building footprint
33 m²
Volume, LiDAR
244 m³
Parcel 25072B0246/00X002, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Poulées 2, 1400 Nivelles
since 20022.114.008.102
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0246/00X002 | Wallonia | 196 m² | 1 · 33 m² | 8.7 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
Ricardo Consulting Services Kwadraat
BE 0693.922.261
Willebroek · Eq €329k
INVOLIS
BE 0647.516.570
Brussel · Eq €329k
ESBEE
BE 0479.439.425
Lubbeek · Eq €329k
MDVM
BE 0798.552.005
Hannut · Eq €329k
NotAnother
BE 0795.709.905
Maasmechelen · Eq €330k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2000
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Vincenzo.Alicandro@icloud.com