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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SWING from Zoersel, company number BE0471697241, closed financial year 2023 with a result of € -18,444 after tax. For that financial year SWING recorded a gross margin of € 83,850 and equity of € -263,771. Compared with financial year 2022, the result moved from € -47,045 to € -18,444. 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 April 25, 2024.
€ -263,771
▼ € 18,444 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,444
▲ 61 % less loss than in 2022
Profit after tax over the fiscal year.
€ 1,588
▼ 44% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -283,771.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 76,850
▲ 26% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,373
▼ 12% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 8,075
▼ 12% vs 2022
Loans from banks and other lenders, long and short.
€ 27,184
▲ € 25,522 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 13,626
▼ 2% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 21,679 | € 36,597 | € 83,850 | ▲ 129% |
| Profit after taxes | € 6,264 | € -47,045 | € -18,444 | ▲ € 28,601 |
| Equity | € -198,282 | € -245,327 | € -263,771 | ▼ € 18,444 |
| Total debts | € 275,138 | € 310,322 | € 382,487 | ▲ 23% |
| Cash | € 846 | € 2,823 | € 1,588 | ▼ 44% |
| Land & buildings | € 1,121 | € 990 | € 859 | ▼ 13% |
| Retained profit | € -218,282 | € -265,327 | € -283,771 | ▼ € 18,444 |
| Bank debt | € 4,555 | € 9,201 | € 8,075 | ▼ 12% |
| Balance sheet total | € 76,856 | € 64,995 | € 118,716 | ▲ 83% |
Key figures of SWING, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to SWING?
What happened at SWING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SWING is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 18,444. Source: NBB ↗
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,264 profit in 2021 to € 18,444 loss in 2023.
Best year ever: 2021, with € 6,264 profit.
Management
Behind SWING is Walter Peeters.
Directors
According to the 2023 annual accounts
Walter Peeters
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 15 box b2
2980 Zoersel
Antwerpsesteenweg 445
2390 Malle
Active since 11 September 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.697.241
- VAT number
- BE 0471.697.241
- Registered office
- Kerkstraat 15 bus b2, 2980 Zoersel
- Names & denominations
- SWING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 13 April 2000
- Peppol
- Active · Active since 29 Jul 2024
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening
Cafés en bars
Cafés