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.
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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 5 % 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
ETS DE SWART from Braives, company number BE0461293495, closed financial year 2025 with a result of € -486 after tax. For that financial year ETS DE SWART recorded a gross margin of € -325 and equity of € -43,412. Compared with financial year 2024, the result moved from € -1,072 to € -486. The company made a loss. 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 August 31, 2026.
€ -43,412
▼ € 486 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -486
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,084
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,012.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,344
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43
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 | € -1,919 | € -36 | € -539 | € -325 | ▲ € 214 |
| Profit after taxes | € -2,592 | € -567 | € -1,072 | € -486 | ▲ € 587 |
| Equity | € -41,287 | € -41,854 | € -42,926 | € -43,412 | ▼ € 486 |
| Total debts | € 45,780 | € 46,406 | € 46,070 | € 46,083 | |
| Cash | € 3,160 | € 1,228 | € 1,626 | € 1,084 | ▼ 33% |
| Retained profit | € -59,887 | € -60,454 | € -61,526 | € -62,012 | ▼ € 486 |
| Balance sheet total | € 4,494 | € 4,552 | € 3,144 | € 2,671 | ▼ 15% |
Key figures of ETS DE SWART, 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 ETS DE SWART?
What happened at ETS DE SWART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 486. filed late Source: NBB ↗
- New establishment in Braives. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,592 loss in 2022 to € 486 loss in 2025.
Management
Behind ETS DE SWART is Serge DE SWART.
Directors
According to the 2025 annual accounts
Serge DE SWART
Director
Establishments
Establishment units
Physical locations of this company
Rue du Zèé 14 a
4260 Braives
Rue du Zèé 14 box a
4260 Braives
Active since 25 August 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.293.495
- VAT number
- BE 0461.293.495
- Registered office
- Rue du Zèé 14 a, 4260 Braives
- Names & denominations
- ETS DE SWART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 1997
- Peppol
- Not registered
- Activities · NACE
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