Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMAGO - SWOLFS from Antwerpen, company number BE0404321437, closed financial year 2025 with a result of € -35,159 after tax. For that financial year IMAGO - SWOLFS recorded a gross margin of € -470 and equity of € 12,740. Compared with financial year 2024, the result moved from € -23,784 to € -35,159. The company made a loss. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 12,740
▼ 73% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,159
▼ 48 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,464
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,853.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 380
Supplier invoices still open on the last day of the fiscal year.
€ 2,106
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,654 | € 25,283 | € 11,337 | € -470 | ▼ € 11,806 |
| Profit after taxes | € -21,328 | € -10,324 | € -23,784 | € -35,159 | ▼ € 11,375 |
| Equity | € 82,007 | € 71,683 | € 47,898 | € 12,740 | ▼ 73% |
| Total debts | € 478,519 | € 458,195 | € 471,653 | € 456,866 | ▼ 3% |
| Cash | € 11,958 | € 8,100 | € 26,540 | € 3,464 | ▼ 87% |
| Land & buildings | € 548,167 | € 520,354 | € 492,540 | € 464,738 | ▼ 6% |
| Retained profit | € 63,415 | € 53,091 | € 29,306 | € -5,853 | ▼ € 35,159 |
| Bank debt | € 176,411 | € 153,874 | € 130,763 | € 0 | ▼ 100% |
| Balance sheet total | € 560,526 | € 529,878 | € 519,552 | € 469,605 | ▼ 10% |
Key figures of IMAGO - SWOLFS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IMAGO - SWOLFS?
What happened at IMAGO - SWOLFS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,159. filed late Source: NBB ↗
- Sandrine Swolfs became a director. NBB
- Caroline Swolfs became a director. NBB
- Michel Swolfs stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 21,328 loss in 2022 to € 35,159 loss in 2025.
Management
Behind IMAGO - SWOLFS are Sandrine Swolfs and Caroline Swolfs.
Directors
According to the 2025 annual accounts
Sandrine Swolfs
Director
since 2025
Caroline Swolfs
Director
since 2025
Michel Swolfs
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Coremansstraat 22 box 6
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.321.437
- VAT number
- BE 0404.321.437
- Registered office
- Coremansstraat 22 bus 6, 2600 Antwerpen
- Names & denominations
- IMAGO - SWOLFS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1967
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed