SWITCHPOINT HOLDING
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-07-2024, 5 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
5 d early
2022
20 d early
2021
9 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€748k▲ 4.5%
2022 · €716k
2021: €588k
2022: €716k
2021 → 2023
Total assets
€2.32M▼ 6.9%
2022 · €2.49M
2021: €2.41M
2022: €2.49M
2021 → 2023
Net result
€32k▼ 74.8%
2022 · €128k
2021: €-62k
2022: €128k
2021 → 2023
Working capital
€-1.42M▼ 10.0%
2022 · €-1.29M
2021: €-98k
2022: €-1.29M
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€588k-€716k▲ 21.8%€748k▲ 4.5%
Operating result€-94k-€147k€48k▼ 67.7%
Net result€-62k-€128k€32k▼ 74.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 68% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.32M
Fixed assets
€2.32M =
Current assets
€4k ▼ 98.0%
Equity and liabilities €2.32M
Equity
€748k ▲ 4.5%
Debt
€1.57M ▼ 11.4%
Debt's share of the balance-sheet total falls from 71.3% to 67.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.00▼
2022 · 0.12
Debt to equity
2.11▼
2022 · 2.49
ROE
4.3%▼
2022 · 17.9%
ROA
1.4%▼
2022 · 5.1%
Debt ≤ 1 year
€1.42M▼
2022 · €1.47M
Debt > 1 year
€150k▼
2022 · €312k
Income taxes
€16k
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 · 2023 against 2022 · 39 lines
Balance sheet
Code20222023
Assets
Total assets20/58€2.49M€2.32M▼
Fixed assets21/28€2.32M€2.32M=
Financial fixed assets28€2.32M€2.32M=
Current assets29/58€175k€4k▼
Amounts receivable within one year40/41€141k€3k▼
Trade receivables40€108k€0▼
Other amounts receivable41€33k€3k▼
Cash at bank and in hand54/58€34k€786▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.32M▼
Equity10/15€716k€748k▲
Contributions10/11€650k€650k=
Reserves13€66k€66k=
Distributable reserves133€66k€66k=
Profit (loss) carried forward14-€32k
Amounts payable17/49€1.78M€1.57M▼
Amounts payable after more than one year17€312k€150k▼
Financial debts170/4€312k€150k▼
Amounts payable within one year42/48€1.47M€1.42M▼
Current portion of amounts payable after more than one year42€173k€175k▲
Trade debts44€66k€0▼
Suppliers440/4€66k€0▼
Taxes, remuneration and social security45€23k€34k▲
Taxes450/3€23k€34k▲
Other amounts payable47/48€1.20M€1.22M▲
Income statement
Code20222023
Other operating charges640/8€720€960▲
Gross operating margin9900€148k€49k▼
Operating profit (loss)9901€147k€48k▼
Financial income75/76B€43k€6k▼
Recurring financial income75€43k€6k▼
Financial charges65/66B€62k€5k▼
Recurring financial charges65€62k€5k▼
Profit (loss) for the period before taxes9903€128k€48k▼
Income taxes67/77-€16k
Profit (loss) for the period9904€128k€32k▼
Profit (loss) for the period to be appropriated9905€128k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€32k▼
Profit (loss) brought forward from the previous period14P€-62k-
Transfer to equity691/2€66k-
To other reserves6921€66k-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-11
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:EASI SA