Swings on Wings
ActiveSwings on Wings has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €14k. Equity is growing by ~87% per year across the filed fiscal years. Its solvency ranks better than 78% of 1975 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 2.24 in 2024), and 23.2% 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.8%
Return on assets
34.1%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
58 d early
2023
20 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
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 79.7%
2024 · €18k
2023: €1k
2024: €18k
2023 → 2025
Total assets
€42k▲ 59.4%
2024 · €26k
2023: €12k
2024: €26k
2023 → 2025
Net result
€14k▼ 15.4%
2024 · €17k
2023: €-12k
2024: €17k
2023 → 2025
Working capital
€26k▲ 156%
2024 · €10k
2023: €-4k
2024: €10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€1k-€18k▲ 1,637%€32k▲ 79.7%
Operating result€-12k-€18k€19k▲ 2.5%
Net result€-12k-€17k€14k▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 3% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€6k▼ 25.5%
Current assets
€36k▲ 93.5%
Equity and liabilities €42k
Equity
€32k▲ 79.7%
Debt
€10k▲ 16.1%
The debt ratio falls from 31.9% to 23.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€21k▲
2024 · €20k
Cash flow
€16k▼
2024 · €19k
Solvency
76.8%▲
2024 · 68.1%
Current ratio
3.74▲
2024 · 2.24
Quick ratio
3.74▲
2024 · 2.24
Debt / equity
0.30▼
2024 · 0.47
ROE
44.4%▼
2024 · 94.2%
ROA
34.1%▼
2024 · 64.2%
Interest coverage
89.35▲
2024 · 54.68
Debt
€10k▲
2024 · €8k
Debt ≤ 1 year
€10k▲
2024 · €8k
Income taxes
€4k▲
2024 · €1k
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
Total assets
20/58€26k€42k▲
Fixed assets
21/28€7k€6k▼
Intangible fixed assets
21€7k€6k▼
Current assets
29/58€19k€36k▲
Amounts receivable within one year
40/41€2k€11k▲
Cash & bank
54/58€17k€25k▲
Total equity & liabilities
10/49€26k€42k▲
Equity
10/15€18k€32k▲
Contributions / capital
10/11€13k€13k=
Reserves
13€5k€21k▲
Accumulated profits (losses)
14€0€-2k▼
Amounts payable
17/49€8k€10k▲
Amounts payable within one year
42/48€8k€10k▲
Trade debts payable within one year
44€6k€3k▼
Income statement
Code20242025
Gross operating margin
9900€21k€21k▲
Operating result
9901€18k€19k▲
Financial income
75€0€0▲
Financial charges
65€369€233▼
Result before taxes
9903€18k€19k▲
Income taxes
67/77€1k€4k▲
Net result for the period
9904€17k€14k▼
Result to be appropriated
9905€17k€14k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.24
Current ratio from 0.61 to 2.24; short-term debt falls from €11k to €8k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
VD SPORT
BE 0831.579.119
Mons · Eq €32k
MDP SPORTS MANAGEMENT
BE 0776.510.932
Willebroek · Eq €32k
NEW MIND COACHING
BE 0788.382.841
Ham-sur-Heure-Nalinnes · Eq €32k
CENTRE.P
BE 0802.653.125
Antwerpen · Eq €31k
ANTE SCHUERMANS
BE 1017.901.667
Antwerpen · Eq €33k
Of 13,456 companies in sector 85510 we hold annual accounts for 683. 571 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2023
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
47120Other non-specialised retail sale
47910Retail trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-07-2026. Scores and ratios are computed by Checked and are not a credit decision.