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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SWITCH ON from Gent, company number BE0727484063, closed financial year 2025 with a result of € -37,843 after tax. For that financial year SWITCH ON recorded a gross margin of € -2,976 and equity of € -81,939. Compared with financial year 2024, the result moved from € -56,531 to € -37,843. 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.
€ -81,939
▼ € 37,843 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,843
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,096
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -378,939.
Debts at end 2025
€ 160,063
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 5,946
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 345
▲ € 320 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 | € -25,618 | € -121,357 | € -20,835 | € -2,976 | ▲ € 17,860 |
| Profit after taxes | € -47,651 | € -155,861 | € -56,531 | € -37,843 | ▲ € 18,688 |
| Equity | € 168,297 | € 12,436 | € -44,096 | € -81,939 | ▼ € 37,843 |
| Total debts | € 162,160 | € 179,076 | € 185,414 | € 170,757 | ▼ 8% |
| Cash | € 211,264 | € 32,492 | € 12,843 | € 2,096 | ▼ 84% |
| Retained profit | € -128,703 | € -284,564 | € -341,096 | € -378,939 | ▼ € 37,843 |
| Bank debt | € 158,000 | € 173,000 | € 168,063 | € 160,063 | ▼ 5% |
| Balance sheet total | € 330,457 | € 191,511 | € 141,319 | € 88,818 | ▼ 37% |
Key figures of SWITCH ON, 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 SWITCH ON?
What happened at SWITCH ON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,843. filed late Source: NBB ↗
- Quentin Laurent became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Lothar De Keyne became a director. NBB
In short
From € 47,651 loss in 2022 to € 37,843 loss in 2025.
Management
The stake of Huis voor veerkracht comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SWITCH ONBehind SWITCH ON are Quentin Laurent and Lothar De Keyne. The shares are held by Huis voor veerkracht (8.7%).
Directors
According to the 2025 annual accounts
Quentin Laurent
Bestuurder
since 2024
Lothar De Keyne
Bestuurder
since 2019
Shareholders
8.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voskenslaan 95 box A
9000 Gent
Voskenslaan 95A
9000 Gent
Active since 24 May 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0727.484.063
- VAT number
- BE 0727.484.063
- Registered office
- Voskenslaan 95 bus A, 9000 Gent
- Names & denominations
- SWITCH ON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2019
- Peppol
- Active · Active since 4 Jan 2026
- Contact
- switchonnow.be [email protected]
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