SWEET INVOLUTION
ActiveSummary
SWEET INVOLUTION has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-36k) and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+21
Solvency15▲+15
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.63 in 2024; short-term debt: 110.5% and cash: 0.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
-10.5%
Return on assets
11.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 11389 sector peers (2025).
NBB · sector comparisonPosition among 11389 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 7 filingsDeviation from the deadline
2025
27 d late
2024
55 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
12 d early
2019
83 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
€-36k▲ 51.9%
2024 · €-74k
2019: €-26k
2020: €14k▲ +154% vs 2019highest in 7 years
2021: €-12k▼ -185% vs 2020
2022: €-71k▼ -492% vs 2021
2023: €-97k▼ -36.4% vs 2022lowest in 7 years
2024: €-74k▲ +23.3% vs 2023
2025: €-36k▲ +51.9% vs 2024
2019 → 2025
Total assets
€341k▲ 16.7%
2024 · €292k
2019: €445k
2020: €470k▲ +5.6% vs 2019highest in 7 years
2021: €368k▼ -21.6% vs 2020
2022: €332k▼ -9.9% vs 2021
2023: €309k▼ -6.8% vs 2022
2024: €292k▼ -5.7% vs 2023lowest in 7 years
2025: €341k▲ +16.7% vs 2024
2019 → 2025
Net result
€39k▲ 70.6%
2024 · €23k
2019: €-46k
2020: €40k▲ +187% vs 2019highest in 7 years
2021: €-26k▼ -165% vs 2020
2022: €-59k▼ -126% vs 2021lowest in 7 years
2023: €-26k▲ +56.2% vs 2022
2024: €23k▲ +187% vs 2023
2025: €39k▲ +70.6% vs 2024
2019 → 2025
Working capital
€-92k▲ 31.3%
2024 · €-134k
2019: €-107k
2020: €-59k▲ +44.7% vs 2019highest in 7 years
2021: €-79k▼ -33.4% vs 2020
2022: €-139k▼ -74.9% vs 2021
2023: €-167k▼ -20.6% vs 2022lowest in 7 years
2024: €-134k▲ +19.9% vs 2023
2025: €-92k▲ +31.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-71k▼ 492%€-97k▼ 36.4%€-74k▲ 23.3%€-36k▲ 51.9%
2021: €-12khighest in 5 years
2022: €-71k▼ -492% vs 2021
2023: €-97k▼ -36.4% vs 2022lowest in 5 years
2024: €-74k▲ +23.3% vs 2023
2025: €-36k▲ +51.9% vs 2024
Operating result€-20k-€-50k▼ 154%€-9k▲ 81.5%€38k€55k▲ 43.4%
2021: €-20k
2022: €-50k▼ -154% vs 2021lowest in 5 years
2023: €-9k▲ +81.5% vs 2022
2024: €38k▲ +513% vs 2023
2025: €55k▲ +43.4% vs 2024highest in 5 years
Net result€-26k-€-59k▼ 126%€-26k▲ 56.2%€23k€39k▲ 70.6%
2021: €-26k
2022: €-59k▼ -126% vs 2021lowest in 5 years
2023: €-26k▲ +56.2% vs 2022
2024: €23k▲ +187% vs 2023
2025: €39k▲ +70.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341k
Fixed assets
€56k ▼ 5.7%
Current assets
€284k ▲ 22.5%
Key figures and ratios
EBITDA
€67k▲
2024 · €50k
Cash flow
€51k▲
2024 · €35k
Solvency
-10.5%▲
2024 · -25.5%
Current ratio
0.76▲
2024 · 0.63
Quick ratio
0.68▲
2024 · 0.48
Debt to equity
-10.53▼
2024 · -4.93
ROA
11.3%▲
2024 · 7.7%
Interest coverage
5.18▲
2024 · 3.15
Debt
€376k▲
2024 · €366k
Debt ≤ 1 year
€376k▲
2024 · €366k
Income taxes
€3k
Staff costs
€47k▲
2024 · €43k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€292k€341k▲
Fixed assets21/28€60k€56k▼
Intangible fixed assets21€53k€41k▼
Tangible fixed assets22/27€1k€6k▲
Furniture and vehicles24€1k€6k▲
Financial fixed assets28€6k€9k▲
Current assets29/58€232k€284k▲
Stocks and contracts in progress3€55k€28k▼
Stocks30/36€55k€28k▼
Amounts receivable within one year40/41€169k€254k▲
Trade receivables40€149k€237k▲
Other amounts receivable41€20k€17k▼
Cash at bank and in hand54/58€8k€2k▼
Deferred charges and accrued income490/1€531-
Equity and liabilities
Total equity and liabilities10/49€292k€341k▲
Equity10/15€-74k€-36k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-94k€-56k▲
Amounts payable17/49€366k€376k▲
Amounts payable within one year42/48€366k€376k▲
Current portion of amounts payable after more than one year42€1k€187▼
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€232k€234k▲
Suppliers440/4€232k€234k▲
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3€944€8k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€43k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€97k€118k▲
Operating profit (loss)9901€38k€55k▲
Financial income75/76B€272-
Recurring financial income75€272-
Financial charges65/66B€16k€13k▼
Recurring financial charges65€16k€13k▼
Profit (loss) for the period before taxes9903€23k€42k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€23k€39k▲
Profit (loss) for the period to be appropriated9905€23k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-56k▲
Profit (loss) brought forward from the previous period14P€-117k€-94k▲
The notes to these accounts (10 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 | €769 | - | - | €1k | - | - |
| Remuneration, social security and pensions62 | €5k | €7k | €29k | €43k | €47k | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €12k | €12k | €13k | ▲ 5.5% |
| Other operating charges640/8 | €4k | €4k | €5k | €3k | €4k | ▲ 14.0% |
| Gross operating margin9900 | €2k | €-26k | €36k | €97k | €118k | ▲ 22.4% |
| Operating profit (loss)9901 | €-20k | €-50k | €-9k | €38k | €55k | ▲ 43.4% |
| Financial income75/76B | - | €104 | - | €272 | - | - |
| Recurring financial income75 | - | €104 | - | €272 | - | - |
| Financial charges65/66B | €6k | €9k | €17k | €16k | €13k | ▼ 18.3% |
| Recurring financial charges65 | €6k | €9k | €17k | €16k | €13k | ▼ 18.3% |
| Profit (loss) for the period before taxes9903 | €-26k | €-59k | €-26k | €23k | €42k | ▲ 85.2% |
| Income taxes67/77 | - | - | - | - | €3k | - |
| Profit (loss) for the period9904 | €-26k | €-59k | €-26k | €23k | €39k | ▲ 70.6% |
| Profit (loss) for the period to be appropriated9905 | €-26k | €-59k | €-26k | €23k | €39k | ▲ 70.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €368k | €332k | €309k | €292k | €341k | ▲ 16.7% |
| Fixed assets21/28 | €95k | €82k | €72k | €60k | €56k | ▼ 5.7% |
| Intangible fixed assets21 | €87k | €76k | €64k | €53k | €41k | ▼ 21.9% |
| Tangible fixed assets22/27 | €2k | €699 | €2k | €1k | €6k | ▲ 322% |
| Furniture and vehicles24 | €2k | €699 | €2k | €1k | €6k | ▲ 322% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €9k | ▲ 65.9% |
| Current assets29/58 | €273k | €250k | €238k | €232k | €284k | ▲ 22.5% |
| Stocks and contracts in progress3 | €54k | €54k | €54k | €55k | €28k | ▼ 48.4% |
| Stocks30/36 | €54k | €54k | €54k | €55k | €28k | ▼ 48.4% |
| Amounts receivable within one year40/41 | €171k | €178k | €156k | €169k | €254k | ▲ 50.3% |
| Trade receivables40 | €163k | €167k | €133k | €149k | €237k | ▲ 58.7% |
| Other amounts receivable41 | €8k | €12k | €23k | €20k | €17k | ▼ 12.3% |
| Cash at bank and in hand54/58 | €48k | €18k | €28k | €8k | €2k | ▼ 74.2% |
| Deferred charges and accrued income490/1 | €452 | - | - | €531 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €368k | €332k | €309k | €292k | €341k | ▲ 16.7% |
| Equity10/15 | €-12k | €-71k | €-97k | €-74k | €-36k | ▲ 51.9% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €-32k | €-91k | €-117k | €-94k | €-56k | ▲ 40.9% |
| Amounts payable17/49 | €380k | €403k | €406k | €366k | €376k | ▲ 2.8% |
| Amounts payable after more than one year17 | €28k | €14k | €1k | - | - | - |
| Financial debts170/4 | €28k | €14k | €1k | - | - | - |
| Amounts payable within one year42/48 | €353k | €389k | €405k | €366k | €376k | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €13k | €1k | €187 | ▼ 85.9% |
| Financial debts43 | €125k | €125k | €125k | €125k | €125k | = |
| Credit institutions430/8 | €125k | €125k | €125k | €125k | €125k | = |
| Trade debts44 | €142k | €202k | €262k | €232k | €234k | ▲ 0.8% |
| Suppliers440/4 | €142k | €202k | €262k | €232k | €234k | ▲ 0.8% |
| Taxes, remuneration and social security45 | €4k | €603 | €3k | €2k | €12k | ▲ 389% |
| Taxes450/3 | €3k | €294 | €940 | €944 | €8k | ▲ 746% |
| Remuneration and social security454/9 | €2k | €309 | €2k | €2k | €4k | ▲ 165% |
| Other amounts payable47/48 | €68k | €48k | €2k | €5k | €5k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-26k | €-59k | €-26k | €23k | €39k | ▲ 70.6% |
| + Depreciation and write-downs630 | €13k | €13k | €12k | €12k | €13k | ▲ 5.5% |
| Operating cash flow (approximation) | €-13k | €-46k | €-14k | €35k | €51k | ▲ 48.1% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €0 | €-9k | - |
| Change in cash | - | €-30k | €11k | €-21k | €-6k | ▲ 73.0% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zaventem · 1 establishment unit since 2019
Ground area
1.2 ha
Building footprint
2,752 m²
Volume, LiDAR
75,564 m³
2 parcels, Flanders, Wallonia · tallest building 45.7 m, ±14 floors. Linked by address, not a title deed.
215
companies at this address
See who is registered here
1 establishment unit
Sweet Involution
since 20192.289.124.477
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0111/00M002 | Flanders | 8,965 m² | 1 · 1,730 m² | 45.7 m · 14 fl. |
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.289.124.477
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Of 453 companies in sector 46360 we hold annual accounts for 286. 126 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)
Founded05-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46360Wholesale trade
Contact
Phone
081810093Namur
Scores and ratios are computed by Checked and are not a credit decision.