Financials
- Financial year
- 2025
- Turnover
- €315.2m
- Profit
- €32.8m
- Solvency
- 25.7%
Turnover▲ 7.6%
Net result
20182025
SWECO
ActiveSummary
SWECO has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73.8m and a net result of €32.8m. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 33% of 840 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Market research and public opinion polling
NACE 73200Engineering and related technical consultancy, excluding land surveyors NACE 71121
Largest employer in the Brussels-Capital Region, Advertising and market research sector17 sites
Size
€315.2mturnover 2025
- Staff
- 1,951.9 FTE
- Equity
- €73.8m
- Profit
- €32.8m
Net result +57%: mergerStandalone figures, without subsidiaries
Structure
- Parent
- Sweco AB
- Holdings
- 8
- Sweco Holdco BVChair · permanent representative Åsa Bergman
Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 95 days early
Why 92raises risk1 change of registered office in 24 months17 establishment unitslowers riskSize: turnover €315.2m, 1,951.9 FTE, total assets €286.7m, files consolidated accountsLiquidity: current ratio 1.66, cash €54.6mShow the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (all companies)
Financial strength · tick = 2024
Strong
Solvency
51+3
equity 25.7% of total assets
Liquidity
61+27
short-term debt 31.0% · cash 19.1%
Profitability
83+16
return on assets 11.5%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.2 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025highest value
06-2025: 0.3%▼ -0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.2%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €6,750,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.66, compared with 0.84 in 2024, above the usual 1.5; short-term debt: 31% and cash: 19.1% of total assets), but 74.3% of the assets are financed with debt and provisions.
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 (all companies): better than 39% on solvency, 85% on liquidity, 89% on profitability and 62% on growth.
The bankruptcy probability was computed on 27-10-2026 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
Five signals.
lowers riskraises riskneutral
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 27-04-2026, 95 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
95 days early
2024
71 days early
2023
37 days early
2022
70 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 68 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · consolidated
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2025 · unclassified…
Key points
- Positive: Largest employer in the Brussels-Capital Region, Advertising and market research sectorin the Checked rankings No. 1 View
- Positive: 7 years of growth in a rowturnover 2025: €315.2m 7 years View
- 7 restructurings since 2024latest: merger with FUTUREPROOFED 7 View
- Controlled by Sweco ABknown shareholders 100% parent View
- Result rose in 2025merger with FUTUREPROOFED ▲ 57.3% View
- EU supportawarded from 2021 to 2025 €2.2m View
- Active since 1965founded 22-12-1965 60 years View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Board & ownership
- Board
- 1 member
- Parent
- Sweco AB
- Known shareholders
- 100%
- Auditor
- Ernst et Young Reviseurs…
- Sweco Holdco BVChair
Network & group
- Subsidiaries, all levels
- 10
- Direct holdings
- 8
- Connected companies
- 3
- Mergers and asset contributions
- 36
10 subsidiaries
Timeline
- Events
- 113
- Since
- 1979
- Next accounts
- by 31-07-2027
- 02-04-2026Permanent representatives: Peter Vanhoegaerden, Dirk Boydens and…
- 31-12-2025Highest result from 2018 to 2025
- 05-08-2025Restructuring
Company details
- Sites
- 17
- Legal form
- Private limited company
- Activity
- Market research and public opinion pollingNACE 73200
- Founded
- 22-12-1965
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Purpose
- “Conclure et exécuter tous les transactions, qui sont propres aux bureaux de projets, aux…” (deed in French)
Key facts about SWECO
- What is the company number of SWECO?
- 0405.647.664. In Belgium the VAT number is the company number with BE in front: BE 0405.647.664.
- Where is SWECO based?
- The registered office is at Arenbergstraat 11, 1000 Brussel.Company details
- What does SWECO do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of SWECO?
- Private limited company (BV).
- When was SWECO founded?
- On 22-12-1965.
- Is SWECO still active?
- Yes, SWECO is an active enterprise in the KBO register.
- How many employees does SWECO have?
- On average 1,951.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SWECO?
- €315.2m in financial year 2025, according to the filed annual accounts.
- Is SWECO profitable?
- In financial year 2025, SWECO made a profit of €32.8m.
- Where can I find the annual accounts of SWECO?
- SWECO filed 58 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SWECO due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to SWECO
Subsidiaries and holdings
Comparable companies
- IPLAST HOLDINGWaregem
- BDC INTERNATIONALMont-Saint-Guibert
- GROUP DE CLOEDTElsene
- SOPURA INTERNATIONAL SERVICESSeneffe
- CLEAR2PAY BELGIUMMachelen (Brab.)
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