Financials
Financial year 2025
SWABEL from Sint-Lievens-Houtem, company number BE0453504395, closed financial year 2025 with a result of € 12,870 after tax. For that financial year SWABEL recorded a gross margin of € 125,245 and equity of € 60,714. Compared with financial year 2024, the result moved from € 4,830 to € 12,870. 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 January 16, 2026.
€ 60,714
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,870
▲ 166% vs 2024
Profit after tax over the fiscal year.
€ 132,081
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1,286.
Debts at end 2025
€ 92,960
Loans from banks and other lenders, long and short.
€ 4,340
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 | € 118,217 | € 129,533 | € 136,428 | € 125,245 | ▼ 8% |
| Profit after taxes | € 3,964 | € 6,624 | € 4,830 | € 12,870 | ▲ 166% |
| Equity | € 36,390 | € 43,014 | € 47,844 | € 60,714 | ▲ 27% |
| Total debts | € 296,742 | € 215,498 | € 220,172 | € 211,701 | ▼ 4% |
| Cash | € 169,061 | € 107,624 | € 126,926 | € 132,081 | ▲ 4% |
| Land & buildings | € 162,317 | € 148,575 | € 135,672 | € 135,116 | |
| Retained profit | € -25,610 | € -18,986 | € -14,156 | € -1,286 | ▲ € 12,870 |
| Bank debt | € 189,960 | € 92,960 | € 92,960 | € 92,960 | |
| Balance sheet total | € 337,251 | € 259,546 | € 268,016 | € 272,415 | ▲ 2% |
Key figures of SWABEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to SWABEL?
What happened at SWABEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VDR Holdimo NV stepped down as director. NBB
- Service Partners NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12,870 (▲ 166% vs 2024). Source: NBB ↗
- VDR Holdimo NV became a director. NBB
- Service Partners NV became a director. NBB
- New establishment in Sint-Lievens-Houtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,964 profit in 2022 to € 12,870 profit in 2025.
Paid € 7,683 in corporate taxes since 2022.
Best year ever: 2025, with € 12,870 profit.
Management
The stake of V.D.R. - HOLDIMO, SERVICE PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SWABELThe shares are held by V.D.R. - HOLDIMO (50%) and SERVICE PARTNERS (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by Germaan VAN DEN RIJSE
Also active at: COMBI-WONINGBOUW
since 2023 · until 2030
Managing director · represented by Robert BAEYENS
Also active at: COMBI-WONINGBOUW, NRX
since 2023 · until 2030
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kattenbos 15
9520 Sint-Lievens-Houtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.504.395
- VAT number
- BE 0453.504.395
- Registered office
- Kattenbos 15, 9520 Sint-Lievens-Houtem
- Names & denominations
- SWABEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1994
- Peppol
- Active · Active since 21 Oct 2026