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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SWITCH CONCEPT from Braine-l'Alleud, company number BE0842943559, closed financial year 2025 with a result of € 13,410 after tax. For that financial year SWITCH CONCEPT recorded a gross margin of € 89,049 and equity of € -4,576. Compared with financial year 2024, the result moved from € -6,391 to € 13,410. Profitable, and profit is growing. 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 17, 2026.
€ -4,576
▲ € 13,410 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,410
▲ still € 6,391 loss in 2024
Profit after tax over the fiscal year.
€ 3,062
▼ 28% 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 € -23,176.
Debts at end 2025
€ 619,502
▼ 33% vs 2024
€ 59,260 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 10,640
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,700 | - | - | - | |
| Gross margin | € 66,931 | € 44,225 | € 76,553 | € 89,049 | ▲ 16% |
| Profit after taxes | € 6,382 | € -65,268 | € -6,391 | € 13,410 | ▲ € 19,801 |
| Equity | € 53,673 | € -11,595 | € -17,986 | € -4,576 | ▲ € 13,410 |
| Total debts | € 1,021,389 | € 1,034,056 | € 1,077,966 | € 977,994 | ▼ 9% |
| Cash | € 1,598 | € 578 | € 4,254 | € 3,062 | ▼ 28% |
| Land & buildings | € 989,532 | € 953,427 | € 917,322 | € 881,216 | ▼ 4% |
| Retained profit | € 35,073 | € -30,195 | € -36,586 | € -23,176 | ▲ € 13,410 |
| Bank debt | € 993,373 | € 835,143 | € 928,858 | € 619,502 | ▼ 33% |
| Balance sheet total | € 1,075,062 | € 1,022,461 | € 1,059,980 | € 973,418 | ▼ 8% |
| Employees (FTE) | 0.1 | - | - | - |
Key figures of SWITCH CONCEPT, 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 CONCEPT?
What happened at SWITCH CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,410. filed late Source: NBB ↗
- Jeremy Hecht became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Braine-l'Alleud. KBO
In short
From € 6,382 profit in 2022 to € 13,410 profit in 2025.
Paid € 18,890 in corporate taxes since 2022.
Best year ever: 2025, with € 13,410 profit.
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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
Jeremy Hecht
Administrator-manager
since 2012
Establishments
Establishment units
Physical locations of this company
Rue Vallée Bailly 83
1420 Braine-l'Alleud
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
- 0842.943.559
- VAT number
- BE 0842.943.559
- Registered office
- Rue Vallée Bailly 83, 1420 Braine-l'Alleud
- Names & denominations
- SWITCH CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2012
- Peppol
- Active · Active since 27 Mar 2026