Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SW Project M from Malle, company number BE0811790129, closed financial year 2025 with a result of € -3,432 after tax. For that financial year SW Project M recorded a gross margin of € 7,680 and equity of € 28,161. Compared with financial year 2024, the result moved from € 11,327 to € -3,432. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 28,161
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,432
▼ still € 11,327 profit in 2024
Profit after tax over the fiscal year.
€ 86
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8,161.
People and assets in 2025
€ 10,388
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,055
▼ 37% vs 2024
€ 25,571 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,717
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,106
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,169 | € -13,578 | € 30,459 | € 7,680 | ▼ 75% |
| Profit after taxes | € 3,548 | € -26,120 | € 11,327 | € -3,432 | ▼ € 14,759 |
| Equity | € 46,386 | € 20,266 | € 31,594 | € 28,161 | ▼ 11% |
| Total debts | € 65,787 | € 95,194 | € 105,894 | € 62,767 | ▼ 41% |
| Cash | € 25,536 | € 15,636 | € 13,871 | € 86 | ▼ 99% |
| Retained profit | € 26,386 | € 266 | € 11,594 | € 8,161 | ▼ 30% |
| Bank debt | € 58,138 | € 90,931 | € 71,147 | € 45,055 | ▼ 37% |
| Balance sheet total | € 112,173 | € 115,460 | € 137,488 | € 90,929 | ▼ 34% |
Key figures of SW Project M, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SW Project M?
What happened at SW Project M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,432 (▼ € 14,759 vs 2024). filed late Source: NBB ↗
- Swimwise BV became a director. NBB
- Gastronovie BV stepped down as director. NBB
- Gastronovie BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Malle. KBO
In short
From € 3,548 profit in 2022 to € 3,432 loss in 2025.
Paid € 1,276 in corporate taxes since 2022.
Best year ever: 2024, with € 11,327 profit.
A new publication or filing at SW Project M? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by Christophe Lecoque
since 2025
Director · represented by Christophe Lecoque
Also active at: Maturana, ARTEVINO / NWW
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Salphensebaan 6
2390 Malle
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
- 0811.790.129
- VAT number
- BE 0811.790.129
- Registered office
- Salphensebaan 6, 2390 Malle
- Names & denominations
- SW Project M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2009
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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