Financials
Financial year 2025
SWETEC from Lokeren, company number BE0535970530, closed financial year 2025 with a result of € 272,018 after tax. For that financial year SWETEC recorded a gross margin of € 445,995 and equity of € 459,779. Compared with financial year 2024, the result moved from € 218,494 to € 272,018. 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 May 12, 2026.
€ 459,779
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 272,018
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 154,558
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 272,000 paid out
100 % of the profit went to the shareholders, mostly to De Bock Mechaniek (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 96,100
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 203,226
▼ 33% vs 2024
€ 36,767 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 212,627
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,086
▲ 290% vs 2024
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 | € 217,015 | € 284,669 | € 337,519 | € 445,995 | ▲ 32% |
| Profit after taxes | € 141,510 | € 152,324 | € 218,494 | € 272,018 | ▲ 24% |
| Equity | € 720,355 | € 459,266 | € 459,760 | € 459,779 | |
| Total debts | € 421,445 | € 499,779 | € 814,019 | € 912,766 | ▲ 12% |
| Cash | € 341,831 | € 193,164 | € 233,253 | € 154,558 | ▼ 34% |
| Land & buildings | € 334,576 | € 319,473 | € 304,369 | € 289,266 | ▼ 5% |
| Retained profit | € 701,755 | € 440,666 | € 441,160 | € 441,179 | |
| Dividend | € 79,548 | € 413,413 | € 218,000 | € 272,000 | ▲ 25% |
| Bank debt | € 211,663 | € 175,427 | € 301,305 | € 203,226 | ▼ 33% |
| Balance sheet total | € 1,141,800 | € 959,046 | € 1,273,779 | € 1,372,544 | ▲ 8% |
Key figures of SWETEC, 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 SWETEC?
What happened at SWETEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 272,018 (▲ 24% vs 2024). Source: NBB ↗
- De Bock Mechaniek BV became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 141,510 profit in 2022 to € 272,018 profit in 2025.
Paid € 257,756 in corporate taxes since 2022.
Best year ever: 2025, with € 272,018 profit.
Paid out € 982,960 in dividends to the owners in total.
Management
The stake of De Bock Mechaniek comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SWETECBehind SWETEC is De Bock Mechaniek BV. The shares are held by De Bock Mechaniek (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jonathan De Bock
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beertenstraat 1
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0535.970.530
- VAT number
- BE 0535.970.530
- Registered office
- Beertenstraat 1, 9160 Lokeren
- Names & denominations
- SWETEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2013
- Peppol
- Active · Active since 13 Feb 2024
- Activities · NACE
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