Active BE 0433.719.563Public limited company

SWECRO

Meerkensstraat 61 ·3650 Dilsen-Stokkem, Belgium· 38 yrs active

Conclusion Checked

The KBO register records legal situation 050 for SWECRO (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show equity of €1.51M and a net result of €313k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€1.51M
Net result	€313k
Active	38 yrs
Locations	1

Snowflake analysis 4 of 5 axes measured · computed by Checked

56 / 100

Mixed profile: strong on profitability, weaker on stability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 24

Profitability 100

Solvency 100

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2018 · computed

24 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2018 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-05-2019 with the NBB · fiscal year 2018 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	verkort
Revenue	-
EBITDA	€30k
Net profit	€313k
Cash flow	€336k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€2.44M
Equity	€1.51M
Debt	€719k
of which ≤ 1y	€36k
of which > 1y	€683k
Working capital	€1.92M
Employees (FTE)	-

Ratios (computed)

	2018
Current ratio	54.70
Quick ratio	54.70
Working capital ratio	79.0%
Solvency	62.0%
Debt / equity	0.45
Long-term debt ratio	0.45
Interest coverage	-
Gross margin	-
Net margin	-
ROA	12.8%
ROE	20.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €477k · 19.6% Current assets €1.96M · 80.4%

Equity & liabilities

Equity €1.51M · 62.0% Provisions €208k · 8.5% Debt €719k · 29.5%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.44M
Fixed assets	21/28	€477k
Tangible fixed assets	22/27	€477k
Current assets	29/58	€1.96M
Amounts receivable within one year	40/41	€906k
Cash & bank	54/58	€942
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.44M
Equity	10/15	€1.51M
Contributions / capital	10/11	€300k
Reserves	13	€899k
Accumulated profits (losses)	14	€312k
Provisions & deferred taxes	16	€208k
Amounts payable	17/49	€719k
Amounts payable after one year	17	€683k
Amounts payable within one year	42/48	€36k
Trade debts payable within one year	44	€28k
Income statement
Gross operating margin	9900	€82k
Operating result	9901	€7k
Financial charges	65	€6k
Result before taxes	9903	€744
Income taxes	67/77	€1k
Net result for the period	9904	€6k
Result to be appropriated	9905	€20k

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	14-03-1988
Status	Active
Postal code	3650

Establishment units 1 location

SWECRO

Dorpsstraat 11, 3690 Zutendaalmanagementsactiviteiten van holdings : het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere

since 19882.037.523.602

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71067B1162/00A000	Flanders	5,307 m²	1 · 203 m²	0.3 m
73043B0285/00W002	Flanders	2,571 m²	1 · 934 m²	9.2 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2019

30-05-2019