Active · per the CBE, 22 September 2026

SWB DEVELOPMENT

BE0784987247

Rechtspersoon Private limited company

SWB DEVELOPMENT is a property company in Oupeye. Private Limited, started on 20 April 2022.

Rue César de Paepe 51, 4683 Oupeye

Behind the company: Saeed BOSTANI.

Active for

4 year, 5 months

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 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

Financials

Financial year 2024

SWB DEVELOPMENT from Oupeye, company number BE0784987247, closed financial year 2024 with a result of € -56,802 after tax. For that financial year SWB DEVELOPMENT recorded a gross margin of € -8,397 and equity of € -85,979. Compared with financial year 2023, the result moved from € -58,249 to € -56,802. 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 July 31, 2025.

What it is worth Caution

€ -85,979

▼ € 56,802 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -56,802

▲ 2 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 376,891

▼ 21% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -135,979.

People and assets in 2024

Vehicles and equipment

€ 111,922

▼ 25% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 875,800

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1,896

▼ 47% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,269

▲ 94% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € -18,867 € -3,135 € -8,397 ▼ € 5,262
Profit after taxes € -20,927 € -58,249 € -56,802 ▲ € 1,447
Equity € 29,073 € -29,176 € -85,979 ▼ € 56,802
Total debts € 334,012 € 880,038 € 878,965
Cash € 306,044 € 478,484 € 376,891 ▼ 21%
Retained profit € -20,927 € -79,176 € -135,979 ▼ € 56,802
Bank debt € 300,000 € 875,800 € 875,800
Balance sheet total € 363,085 € 850,861 € 792,987 ▼ 7%

Key figures of SWB DEVELOPMENT, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to SWB DEVELOPMENT?

What happened at SWB DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: loss of € 56,802. Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 20,927 loss in 2022 to € 56,802 loss in 2024.

Paid € 1,269 in corporate taxes since 2022.

Management

Saeed BOSTANI
SWB DEVELOPMENT

Behind SWB DEVELOPMENT is Saeed BOSTANI.

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Directors

According to the 2024 annual accounts

Saeed BOSTANI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue César de Paepe 51

4683 Oupeye

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
0784.987.247
VAT number
BE 0784.987.247
Registered office
Rue César de Paepe 51, 4683 Oupeye
Names & denominations
SWB DEVELOPMENT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 April 2022
Peppol
Active · Active since 23 Apr 2026
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Frequently asked questions

What does SWB DEVELOPMENT do?
SWB DEVELOPMENT is a property company in Oupeye. Private Limited, started on 20 April 2022.
What is the address of SWB DEVELOPMENT?
The registered office of SWB DEVELOPMENT is located at Rue César de Paepe 51, 4683 Oupeye.
Is SWB DEVELOPMENT still active?
Yes. According to the CBE (22 September 2026) SWB DEVELOPMENT is active, legal situation “Normale toestand”, started on 20 April 2022.
Is SWB DEVELOPMENT registered on Peppol?
Yes, SWB DEVELOPMENT is registered on the Peppol network with ID 0208:0784987247.
What is the enterprise number of SWB DEVELOPMENT?
The enterprise number of SWB DEVELOPMENT is BE0784987247.
When was SWB DEVELOPMENT founded?
SWB DEVELOPMENT was founded on 20 April 2022.