Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE SWING KING from Oudenaarde, company number BE0478524259, closed financial year 2025 with a result of € -44,764 after tax. For that financial year THE SWING KING recorded a gross margin of € 9,536 and equity of € -145,150. Compared with financial year 2024, the result moved from € -31,289 to € -44,764. 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 March 29, 2026.
€ -145,150
▼ € 44,764 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,764
▼ 43 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,162
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -163,750.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 11
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 1,364
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,851
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,929 | € -23,963 | € -14,979 | € 9,536 | ▲ € 24,516 |
| Profit after taxes | € -9,721 | € -46,993 | € -31,289 | € -44,764 | ▼ € 13,475 |
| Equity | € -22,104 | € -69,097 | € -100,386 | € -145,150 | ▼ € 44,764 |
| Total debts | € 142,362 | € 196,793 | € 206,543 | € 182,465 | ▼ 12% |
| Cash | € 18,657 | € 7,870 | € 14,902 | € 13,162 | ▼ 12% |
| Retained profit | € -40,704 | € -87,697 | € -118,986 | € -163,750 | ▼ € 44,764 |
| Bank debt | € 622 | € 0 | € 14 | € 11 | ▼ 24% |
| Balance sheet total | € 120,259 | € 127,696 | € 106,157 | € 37,315 | ▼ 65% |
Key figures of THE SWING KING, 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 THE SWING KING?
What happened at THE SWING KING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,764. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,721 loss in 2022 to € 44,764 loss in 2025.
Management
Behind THE SWING KING is Matthias Aper.
Directors
According to the 2025 annual accounts
Matthias Aper
Director
Establishments
Establishment units
Physical locations of this company
Hoogstraat 18 box 301
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0478.524.259
- VAT number
- BE 0478.524.259
- Registered office
- Hoogstraat 18 bus 301, 9700 Oudenaarde
- Names & denominations
- THE SWING KING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2002
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg