Financials
Financial year 2025
SWINNEN from Balen, company number BE0436881169, closed financial year 2025 with a result of € 459,983 after tax. For that financial year SWINNEN recorded revenue of € 9.1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 311,522 to € 459,983. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.
€ 1.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 459,983
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ € 1.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
87 % of the profit went to the shareholders, mostly to SWINNEN HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
17
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 5% vs 2024
€ 61,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,863
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 117% vs 2024
€ 14,923 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 2.4 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 160,423
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,839,631 | € 12,489,635 | € 10,923,485 | € 9,102,470 | ▼ 17% |
| Profit after taxes | € 168,058 | € 175,769 | € 311,522 | € 459,983 | ▲ 48% |
| Equity | € 1,751,144 | € 1,776,913 | € 1,788,435 | € 1,848,418 | ▲ 3% |
| Total debts | € 4,260,901 | € 4,182,124 | € 3,185,909 | € 4,214,893 | ▲ 32% |
| Cash | € 109,387 | € 153,073 | € 108,520 | € 1,520,219 | ▲ € 1.4 million |
| Retained profit | € 1,441,144 | € 1,466,913 | € 1,478,435 | € 1,538,418 | ▲ 4% |
| Dividend | € 150,000 | € 150,000 | € 300,000 | € 400,000 | ▲ 33% |
| Bank debt | € 1,916,019 | € 1,843,531 | € 526,620 | € 1,142,654 | ▲ 117% |
| Balance sheet total | € 6,012,045 | € 6,000,037 | € 5,015,344 | € 6,104,311 | ▲ 22% |
| Employees (FTE) | 21.3 | 18.6 | 17.1 | 17 | ▼ 0.1 |
Key figures of SWINNEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SWINNEN?
What happened at SWINNEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SWINNEN HOLDING stepped down as director. NBB
- CMS SOLUTIONS BV stepped down as director. NBB
- JVR SOLUTIONS stepped down as director. NBB
- Nilda Lekhrajmal Lopes stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 459,983 (▲ 48% vs 2024). Source: NBB ↗
- Nilda Lekhrajmal Lopes became a director. NBB
- SWINNEN HOLDING became a director. NBB
- CMS SOLUTIONS BV became a director. NBB
In short
From € 168,058 profit in 2022 to € 459,983 profit in 2025.
Paid € 349,353 in corporate taxes since 2022.
Best year ever: 2025, with € 459,983 profit.
Paid out € 1 million in dividends to the owners in total.
Management
The stake of SWINNEN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SWINNENThe shares are held by SWINNEN HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Jan Swinnen
Also active at: J.S.-INVEST, SWINNEN WOONPROJECTEN, SWINNEN BOUWPROJECTEN
since 2023 · until 2028
Director · represented by Christina Swinnen
Also active at: SWINNEN WOONPROJECTEN, SWINNEN HOLDING, SWINNEN BOUWPROJECTEN
since 2023 · until 2028
Director · represented by Jan Victor Swinnen
Also active at: SWINNEN WOONPROJECTEN, SWINNEN HOLDING, SWINNEN BOUWPROJECTEN
since 2023 · until 2028
Nilda Lekhrajmal Lopes
Director
Also active at: SWINNEN WOONPROJECTEN, SWINNEN HOLDING, SWINNEN BOUWPROJECTEN
since 2023 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
KMO-straat 9
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →J.S.-INVEST same network
€ 518,183 gross margin · 2025
GROEP SWINNEN
SWINNEN WOONPROJECTEN same network
€ 320,317 gross margin · 2025
SWINNEN HOLDING same network
€ -8,937 gross margin · 2025
SWINNEN BOUWPROJECTEN same network
€ 210,583 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.881.169
- VAT number
- BE 0436.881.169
- Registered office
- KMO-straat 9, 2490 Balen
- Names & denominations
- SWINNEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1989
- Peppol
- Active · Active since 31 Mar 2025
- Activities · NACE
Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.
Algemene bouw van andere niet-residentiële gebouwen
Bouwen van individuele huizen
Algemene bouw van kantoorgebouwen
Algemene bouw van residentiële gebouwen
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten