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 1 of the last 4 fiscal years.
Financials
Financial year 2025
SWALLOW SQUARE from Herve, company number BE0644556387, closed financial year 2025 with a result of € 2,081 after tax. For that financial year SWALLOW SQUARE recorded a gross margin of € 14,878 and equity of € -2,955. Compared with financial year 2024, the result moved from € 15,984 to € 2,081. The company is profitable. 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 7, 2026.
€ -2,955
▼ € 35,484 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,081
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 2,231
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 37,564 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,480
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,721
▼ 29% vs 2024
€ 6,802 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,405
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,955
▲ 66% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,477 | € -11,501 | € 29,024 | € 14,878 | ▼ 49% |
| Profit after taxes | € 8,991 | € -27,039 | € 15,984 | € 2,081 | ▼ 87% |
| Equity | € 119,595 | € 58,428 | € 32,529 | € -2,955 | ▼ € 35,484 |
| Total debts | € 16,888 | € 56,281 | € 56,856 | € 76,869 | ▲ 35% |
| Cash | € 125,544 | € 33,878 | € 33,938 | € 2,231 | ▼ 93% |
| Retained profit | € 107,195 | € 46,028 | € 20,129 | € -15,355 | ▼ € 35,484 |
| Dividend | € 29,173 | € 34,128 | € 41,884 | € 37,564 | ▼ 10% |
| Bank debt | € 0 | € 28,488 | € 22,241 | € 15,721 | ▼ 29% |
| Balance sheet total | € 136,483 | € 114,709 | € 89,385 | € 73,914 | ▼ 17% |
Key figures of SWALLOW SQUARE, 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 SWALLOW SQUARE?
What happened at SWALLOW SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,081 (▼ 87% vs 2024). filed late Source: NBB ↗
- New establishment in Herve. KBO
- Vincent COLLARD became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,991 profit in 2022 to € 2,081 profit in 2025.
Paid € 411 in corporate taxes since 2022.
Best year ever: 2024, with € 15,984 profit.
Paid out € 142,749 in dividends to the owners in total.
Management
Behind SWALLOW SQUARE is Vincent COLLARD. It owns 49% of REDWATERUK itself.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Rue des Berlaines 17
4651 Herve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.556.387
- VAT number
- BE 0644.556.387
- Registered office
- Rue des Berlaines 17, 4651 Herve
- Names & denominations
- SWALLOW SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2015
- Peppol
- Active · Active since 8 Jan 2026
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