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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2024
SWINNEN from Houthalen-Helchteren, company number BE0438136231, closed financial year 2024 with a result of € 203,737 after tax. For that financial year SWINNEN recorded a gross margin of € 303,485 and equity of € -24,211. Compared with financial year 2023, the result moved from € -83,901 to € 203,737. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ -24,211
▲ € 203,737 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 203,737
▲ still € 83,901 loss in 2023
Profit after tax over the fiscal year.
€ 1,367
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -86,211.
People and assets in 2024
2
Average over the fiscal year, from the social balance sheet.
€ 94,432
▲ 52% vs 2023
€ 47,200 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 60,625
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 63,486
▲ 24% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 63,410 | € 25,618 | € -17,071 | € 303,485 | ▲ € 320,556 |
| Profit after taxes | € -29,011 | € -50,357 | € -83,901 | € 203,737 | ▲ € 287,638 |
| Equity | € -93,691 | € -144,048 | € -227,948 | € -24,211 | ▲ € 203,737 |
| Total debts | € 244,929 | € 296,499 | € 314,381 | € 210,092 | ▼ 33% |
| Cash | € 1,011 | € 648 | € 0 | € 1,367 | |
| Retained profit | € -155,691 | € -206,048 | € -289,948 | € -86,211 | ▲ € 203,737 |
| Bank debt | € 59,486 | € 60,581 | € 63,611 | € 0 | ▼ 100% |
| Balance sheet total | € 151,238 | € 152,452 | € 86,433 | € 185,880 | ▲ 115% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of SWINNEN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SWINNEN?
What happened at SWINNEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 203,737. filed late Source: NBB ↗
- Johannes Swinnen became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,011 loss in 2021 to € 203,737 profit in 2024.
Best year ever: 2024, with € 203,737 profit.
On average € 151,700 of value added per employee in 2024.
Management
Behind SWINNEN is Johannes Swinnen. Johannes Swinnen is also behind GRONDWERKEN SWINNEN JAN and COMFORT INTERIEUR.
Directors
According to the 2024 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Europark 1066
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0438.136.231
- VAT number
- BE 0438.136.231
- Registered office
- Europark 1066, 3530 Houthalen-Helchteren
- Names & denominations
- SWINNEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1989
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Terugwinning van materialen uit afval
Bouwrijp maken van terreinen
Grondverzet
Terugwinning van metaalafval
Landschapsverzorging
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken