ACTIVE

SW+

Financial year 2025 · Closed on 31/12/2025

Net result3,6 M €+851,8 %over 1 year
Revenue24,2 M €+5,6 %over 1 year
Equity67 M €+4,4 %over 1 year
Workforce56,5 ETP-1,2 %over 1 year

Identity

Source · BCE/KBO

SW+ is a Private limited company incorporated in 1923. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Kortrijk. It employs on average 56,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.342.610
Incorporation
17/05/1923
Legal form
Private limited company
Registered office
Damastweversstraat(Kor) 3
8500 Kortrijk · FlandreSee on map
Contributed capital
108 592,00 €
Latest accounts
31/12/2025
Average workforce
56,5 ETP
Joint committees (2)
  • 339
  • 33901
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue24,2 M €22,9 M €22,9 M €15,8 M €20,1 M €
EBITDA12,9 M €9,3 M €8,8 M €4,9 M €6,9 M €
Operating result4,2 M €998,5 k €1,4 M €-352,2 k €1,8 M €
Net result3,6 M €380 k €718 k €-815,8 k €1,1 M €
Balance sheet
Equity67 M €64,1 M €60,9 M €44,5 M €44,9 M €
Total assets401,7 M €392,3 M €361,6 M €256 M €257,7 M €
Cash6,6 M €6,8 M €5,1 M €5,9 M €7,2 M €
Debts329,7 M €323,2 M €295,3 M €206,7 M €207,5 M €
Other
Workforce56,5 ETP57,2 ETP56,6 ETP13,0 ETP12,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

24 active · 32 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alain Cnudde
Director20/05/2025 → 20/05/2030
Anaïs de Bethune
Director20/05/2025 → 20/05/2030
Bram Deltour
Director20/05/2025 → 20/05/2030
Emile Declercq
Director20/05/2025 → 20/05/2030
Jeppe Remy
Director20/05/2025 → 20/05/2030
Liesbeth D'hondt
Director20/05/2025 → 20/05/2030
Marie De Clerck
Director20/05/2025 → 20/05/2030
Mike Verslijpe
Director20/05/2025 → 20/05/2030
Pieter Soens
Director20/05/2025 → 20/05/2030
Tiene Castelein
Director29/06/2017 → 20/05/2030
Christiane Loosvelt
Vice-chairman of the board of directors09/06/2023 → 20/05/2030
Eef Vandenbogaerde
Director09/06/2023 → 15/05/2029
Jeroen David
Director09/06/2023 → 20/05/2030
Luc Lannoy
Director09/06/2023 → 15/05/2029
Mathieu Desmet
Director09/06/2023 → 20/05/2030
Nawal Maghroud
Director09/06/2023 → 15/05/2029
Philippe De Coene
Director29/06/2017 → 15/05/2029
Trui Steenhoudt
Director09/06/2023 → 15/05/2029
Vicky Claeys
Director09/06/2023 → 15/05/2029
Wilfried Vanneste
Director09/06/2023 → 20/05/2030
Koen Byttebier
Director24/06/2019 → 15/05/2029
Maxim Veys
Director30/05/2022 → 15/05/2029Chairman of the board of directors29/06/2017 → 2018 accountsended
Mohamed Ahouna
Director24/06/2019 → 15/05/2029
Veronique Decaluwe
Chairman of the board of directors30/05/2022 → 20/05/2030Director24/06/2019 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Annelies Vandenbussche
Director30/05/2022 → 2023 accounts
Charka Dewaele
Director30/05/2022 → 2023 accounts

Other companies at this address

Damastweversstraat(Kor) 3 8500 Kortrijk
CompanyCBE no.
0432.220.320

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202602/06/202522/07/202428/06/202320/06/202225/11/2021
General meeting19/05/202620/05/202521/05/202430/05/202330/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202629/05/2026DutchPDF
Full model31/12/202420/05/202502/06/2025DutchPDF
Full model31/12/202321/05/202422/07/2024DutchPDF
Full model31/12/202230/05/202328/06/2023DutchPDF
Full model31/12/202130/05/202220/06/2022DutchPDF
Full modelCorrection31/12/202031/05/202125/11/2021DutchPDF
Full model31/12/202031/05/202122/06/2021DutchPDF
Full modelCorrection31/12/201925/06/202030/11/2021DutchPDF
Full model31/12/201925/06/202014/07/2020DutchPDF
Full model31/12/201824/06/201908/07/2019DutchPDF
Full modelCorrection31/12/201712/06/201818/01/2019DutchPDF
Full model31/12/201712/06/201810/07/2018DutchPDF
Full model31/12/201628/03/201726/04/2017DutchPDF
Full model31/12/201531/05/201629/06/2016DutchPDF
Full model31/12/201426/05/201524/06/2015DutchPDF
Full model31/12/201302/06/201430/06/2014DutchPDF
Full model31/12/201213/06/201310/07/2013DutchPDF
Full model31/12/201112/06/201206/07/2012DutchPDF
Full model31/12/201007/06/201106/07/2011DutchPDF
Full model31/12/200915/06/201013/07/2010DutchPDF
Full model31/12/200826/05/200903/06/2009DutchPDF
Full model31/12/200728/05/200819/06/2008DutchPDF
Full model31/12/200614/06/200713/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

24 active · 32 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alain Cnudde
Director20/05/2025 → 20/05/2030
Anaïs de Bethune
Director20/05/2025 → 20/05/2030
Bram Deltour
Director20/05/2025 → 20/05/2030
Emile Declercq
Director20/05/2025 → 20/05/2030
Jeppe Remy
Director20/05/2025 → 20/05/2030
Liesbeth D'hondt
Director20/05/2025 → 20/05/2030
Marie De Clerck
Director20/05/2025 → 20/05/2030
Mike Verslijpe
Director20/05/2025 → 20/05/2030
Pieter Soens
Director20/05/2025 → 20/05/2030
Tiene Castelein
Director29/06/2017 → 20/05/2030
Christiane Loosvelt
Vice-chairman of the board of directors09/06/2023 → 20/05/2030
Eef Vandenbogaerde
Director09/06/2023 → 15/05/2029
Jeroen David
Director09/06/2023 → 20/05/2030
Luc Lannoy
Director09/06/2023 → 15/05/2029
Mathieu Desmet
Director09/06/2023 → 20/05/2030
Nawal Maghroud
Director09/06/2023 → 15/05/2029
Philippe De Coene
Director29/06/2017 → 15/05/2029
Trui Steenhoudt
Director09/06/2023 → 15/05/2029
Vicky Claeys
Director09/06/2023 → 15/05/2029
Wilfried Vanneste
Director09/06/2023 → 20/05/2030
Koen Byttebier
Director24/06/2019 → 15/05/2029
Maxim Veys
Director30/05/2022 → 15/05/2029Chairman of the board of directors29/06/2017 → 2018 accountsended
Mohamed Ahouna
Director24/06/2019 → 15/05/2029
Veronique Decaluwe
Chairman of the board of directors30/05/2022 → 20/05/2030Director24/06/2019 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Annelies Vandenbussche
Director30/05/2022 → 2023 accounts
Charka Dewaele
Director30/05/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/09/2026
    Herbenoeming commissaris
    PDF
  • Other22/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/10/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates15/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring14/07/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares18/06/2025
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Restructuring28/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1923
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Marie De Clerck
Alain Cnudde
Jeppe Remy
Emile Declercq
Liesbeth D'hondt
Pieter Soens
Bram Deltour
Mike Verslijpe
Anaïs de Bethune
Tiene Castelein
Eef Vandenbogaerde
Jeroen David
19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
SW+WONEN REGIO KORTRIJK
Damastweversstraat(Kor) 3, 8500 KortrijkNieuwstraat(Kor) 13, 8500 Kortrijk
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Damastweversstraat(Kor) 3, 8500 KortrijkCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00128816
Nieuwstraat(Kor) 13, 8500 Kortrijk
accounts 2021 → 2022
Accounts 2022 · 2023-00199882

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SW+Current
accounts 2023 → 2025
Accounts 2025 · 2026-00128816
WONEN REGIO KORTRIJK
accounts 2021 → 2022
Accounts 2022 · 2023-00199882

Events

  1. 2025
    Annual accounts 20253,6 M €↑
  2. 01/09/2025
    nominationThomas Raes · algemeen directeur
  3. 30/06/2025
    reduction_capital
  4. 20/05/2025
    reconductionMathieu Desmet · bestuurder
  5. 20/05/2025
    nominationMarie De Clerck · bestuurder
  6. 20/05/2025
    reconductionWilfried Vanneste · bestuurder
  7. 20/05/2025
    reconductionChristiane Loosvelt · Ondervoorzitter
  8. 20/05/2025
    nominationBram Deltour · bestuurder
  9. 20/05/2025
    nominationEmile Declercq · bestuurder
  10. 20/05/2025
    reconductionVeronique Decaluwé · Voorzitter
  11. 20/05/2025
    reconductionJeroen David · bestuurder
  12. 20/05/2025
    nominationPieter Soens · bestuurder
  13. 20/05/2025
    nominationLiesbeth D'hondt · bestuurder
  14. 20/05/2025
    nominationJeppe Remy · bestuurder
  15. 20/05/2025
    nominationAlain Cnudde · bestuurder
  16. 01/01/2025
    split
  17. 2024
    Annual accounts 2024380 k €↓
  18. 2023
    Annual accounts 2023718 k €↑
  19. 2023
    Name changeSW+
  20. 30/06/2023
    cessionHANSON Lutgarde
  21. 30/05/2023
    nominationNV CALLENS VANDELANOTTE · commissaris
  22. 01/01/2023
    split
  23. 2022
    Annual accounts 2022-815,8 k €↓
  24. 01/12/2022
    nominationKarel Maddens · waarnemend directeur
  25. 01/12/2022
    nominationThomas Raes · waarnemend directeur
  26. 30/05/2022
    reconductionAchrifi Hayat
  27. 30/05/2022
    reconductionAhouna Mohamed
  28. 30/05/2022
    reconductionAllijns Wouter
  29. 30/05/2022
    reconductionAslanyan Madien
  30. 30/05/2022
    reconductionByttebier Koen
  31. 30/05/2022
    reconductionCraeynest Mario
  32. 30/05/2022
    reconductionDecaluwé Veronique · voorzitter
  33. 30/05/2022
    reconductionDewaele Charka
  34. 30/05/2022
    reconductionSoens Rik
  35. 30/05/2022
    reconductionVandenbussche Annelies
  36. 30/05/2022
    reconductionVerdin Christian
  37. 30/05/2022
    reconductionVermeersch Matthys
  38. 30/05/2022
    reconductionVeys Maxim
  39. 2021
    Annual accounts 20211,1 M €↑
  40. 2020
    Annual accounts 202055,9 k €↓
  41. 2019
    Annual accounts 2019362,8 k €↓
  42. 2018
    Annual accounts 2018410 k €↑
  43. 2017
    Annual accounts 2017-1,1 M €↓
  44. 2016
    Annual accounts 2016-390,2 k €↓
  45. 2015
    Annual accounts 2015-10,1 k €↓
  46. 2014
    Annual accounts 2014822,2 k €↑
  47. 2013
    Annual accounts 2013749,6 k €↑
  48. 2012
    Annual accounts 2012267,4 k €↓
  49. 2011
    Annual accounts 2011430,3 k €↓
  50. 2010
    Annual accounts 2010745,6 k €↓
  51. 2009
    Annual accounts 2009950,7 k €↑
  52. 2008
    Annual accounts 2008810,1 k €↑
  53. 2007
    Annual accounts 2007222,1 k €↑
  54. 2006
    Annual accounts 2006165,4 k €
  55. 17/05/1923
    IncorporationPrivate limited company