Financials
Financial year 2025
Swell Connect from Gent, company number BE0801765277, closed financial year 2025 with a result of € 145,199 after tax. For that financial year Swell Connect recorded a gross margin of € 187,856 and equity of € 389,946. Compared with financial year 2024, the result moved from € 134,149 to € 145,199. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 389,946
▲ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 145,199
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 124,794
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 384,946.
People and assets in 2025
€ 181
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,869
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,560
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 137,853 | € 174,136 | € 187,856 | ▲ 8% |
| Profit after taxes | € 105,597 | € 134,149 | € 145,199 | ▲ 8% |
| Equity | € 110,597 | € 244,747 | € 389,946 | ▲ 59% |
| Total debts | € 22,728 | € 18,349 | € 19,043 | ▲ 4% |
| Cash | € 107,466 | € 60,210 | € 124,794 | ▲ 107% |
| Land & buildings | - | - | € 4,442 | |
| Retained profit | € 105,597 | € 239,747 | € 384,946 | ▲ 61% |
| Balance sheet total | € 133,325 | € 263,095 | € 408,990 | ▲ 55% |
Key figures of Swell Connect, fiscal years 2023 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 Swell Connect?
What happened at Swell Connect in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 145,199 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Frank Erfurt became a director. NBB
In short
From € 105,597 profit in 2023 to € 145,199 profit in 2025.
Paid € 111,153 in corporate taxes since 2023.
Best year ever: 2025, with € 145,199 profit.
Management
Behind Swell Connect is Frank Erfurt.
Directors
According to the 2025 annual accounts
Frank Erfurt
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Orchideestraat 93
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.765.277
- VAT number
- BE 0801.765.277
- Registered office
- Orchideestraat 93, 9041 Gent
- Names & denominations
- Swell Connect
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2023
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van bedrijfs- en werkgeversorganisaties
Verhuur en lease van sport- en recreatieartikelen
Organisatie van congressen en beurzen
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Detailhandel in overige sportartikelen
Overige detailhandel, niet in winkels en exclusief markt- en straathandel
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