Financials
Financial year 2025
SwingLab from Waterloo, company number BE0805765241, closed financial year 2025 with a result of € 21,809 after tax. For that financial year SwingLab recorded a gross margin of € 77,481 and equity of € 13,771. Compared with financial year 2024, the result moved from € -62,038 to € 21,809. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 13,771
▲ € 21,809 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,809
▲ still € 62,038 loss in 2024
Profit after tax over the fiscal year.
€ 40,750
▲ 36% 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 € -40,229.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,925
▲ € 21,356 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 161,011
▲ 19% vs 2024
€ 34,494 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 41,108
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 100,543 | - | |
| Gross margin | € -7,691 | € 77,481 | ▲ € 85,171 |
| Profit after taxes | € -62,038 | € 21,809 | ▲ € 83,847 |
| Equity | € -8,038 | € 13,771 | ▲ € 21,809 |
| Total debts | € 208,861 | € 217,890 | ▲ 4% |
| Cash | € 30,037 | € 40,750 | ▲ 36% |
| Retained profit | € -62,038 | € -40,229 | ▲ € 21,809 |
| Bank debt | € 135,435 | € 161,011 | ▲ 19% |
| Balance sheet total | € 200,823 | € 231,661 | ▲ 15% |
Key figures of SwingLab, fiscal years 2024 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 SwingLab?
What happened at SwingLab in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,809. filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Mathieu Herbay became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 62,038 loss in 2024 to € 21,809 profit in 2025.
Best year ever: 2025, with € 21,809 profit.
Management
Behind SwingLab is Mathieu Herbay.
Directors
According to the 2025 annual accounts
Mathieu Herbay
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 720
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
GoDaddy DNS
Website info
Features
Security
Network
Details
- Company number
- 0805.765.241
- VAT number
- BE 0805.765.241
- Registered office
- Chaussée de Bruxelles 720, 1410 Waterloo
- Names & denominations
- SwingLab
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2023
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- swinglab.be
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