SWING
0440.949.528 · rovalta.com · 22/09/2026
ACTIVE
SWING
Financial year 2025 · closed on 31/08/2025
Net result
124,2 k €
-19.0% YoY
Gross margin
1,2 M €
-33.7% YoY
Equity
673,6 k €
+22.6% YoY
Workforce
10,6 ETP
+9.3% YoY
Overview
What does SWING do?
SWING is a Private limited company incorporated in 1990. Its registered office is in Merelbeke-Melle. It employs on average 10,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.949.528
Incorporation
06/02/1990
Legal form
Private limited company
Registered office
Hundelgemsesteenweg 328A
9820 Merelbeke-Melle · FlandreSee on map
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/08/2025
Average workforce
10,6 ETP
Joint committees (2)
- 14901
- 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,2 M € | -33.7% | 1,8 M € | +102% | 910,5 k € | +10.1% | 826,8 k € | +216% | 261,8 k € | -68.9% | 842,6 k € | +10.6% | 762 k € | -4.0% | 793,4 k € | -11.6% | 897,9 k € | +0.6% | 892,4 k € | +6.1% | 841,3 k € | +7.5% | 782,3 k € | -3.6% | 811,7 k € | +1.0% | 804 k € | -11.5% | 908,4 k € | +6.9% | 849,4 k € | -1.2% | 859,3 k € | +17.1% | 734,1 k € | +4.0% | 705,7 k € |
| EBITDA | 526 k € | -35.8% | 819,3 k € | +97.6% | 414,6 k € | -10.0% | 460,7 k € | +7609% | -6,1 k € | -102% | 347,3 k € | +9.6% | 316,8 k € | +0.4% | 315,4 k € | -2.6% | 323,8 k € | +2.1% | 317,2 k € | +12.5% | 282,1 k € | +4.2% | 270,8 k € | -16.7% | 325,1 k € | +14.6% | 283,6 k € | -26.2% | 384 k € | -9.5% | 424,3 k € | -3.3% | 438,8 k € | +32.7% | 330,7 k € | -11.3% | 373 k € |
| Operating result | 215,4 k € | -14.7% | 252,4 k € | +856% | -33,4 k € | -112% | 284,1 k € | +228% | -221,7 k € | -303% | 109,1 k € | +209% | 35,3 k € | -28.2% | 49,2 k € | -18.0% | 60 k € | -25.1% | 80,1 k € | +214% | 25,5 k € | -41.6% | 43,7 k € | -53.8% | 94,6 k € | +1815% | -5,5 k € | -111% | 52,4 k € | -68.0% | 163,8 k € | -13.1% | 188,5 k € | +251% | 53,6 k € | -61.0% | 137,6 k € |
| Net result | 124,2 k € | -19.0% | 153,3 k € | +286% | -82,5 k € | -133% | 250,2 k € | +203% | -243,5 k € | -422% | 75,6 k € | +6126% | -1,3 k € | -128% | 4,5 k € | -72.6% | 16,3 k € | -48.2% | 31,4 k € | +256% | -20,1 k € | -100781% | 20 € | -99.9% | 27,5 k € | +139% | -70,5 k € | -15412% | -454,3 € | -101% | 41,4 k € | -53.3% | 88,6 k € | +867% | 9,2 k € | -89.4% | 86,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 673,6 k € | +22.6% | 549,4 k € | +38.7% | 396,1 k € | -17.2% | 478,5 k € | +110% | 228,4 k € | -51.6% | 471,9 k € | +19.1% | 396,2 k € | -0.3% | 397,5 k € | +1.1% | 393 k € | +4.3% | 376,8 k € | +9.1% | 345,3 k € | -5.5% | 365,4 k € | +0.0% | 365,4 k € | +8.1% | 337,9 k € | -17.3% | 408,4 k € | -0.1% | 408,8 k € | +3.7% | 394,1 k € | +18.6% | 332,2 k € | +0.0% | 332 k € |
| Total assets | 5,6 M € | +0.4% | 5,6 M € | +12.1% | 5 M € | +294% | 1,3 M € | -3.1% | 1,3 M € | -14.9% | 1,5 M € | -3.8% | 1,6 M € | -0.7% | 1,6 M € | -11.1% | 1,8 M € | +1.2% | 1,8 M € | -8.4% | 2 M € | +16.4% | 1,7 M € | -9.2% | 1,9 M € | -1.2% | 1,9 M € | -13.0% | 2,2 M € | +37.9% | 1,6 M € | +3.7% | 1,5 M € | -6.0% | 1,6 M € | +17.9% | 1,4 M € |
| Cash | 10,9 k € | -95.7% | 251,5 k € | -14.1% | 292,9 k € | +1088% | 24,6 k € | +14761% | 165,9 € | -99.5% | 33,2 k € | +548% | 5,1 k € | -56.1% | 11,7 k € | -76.1% | 48,9 k € | +373% | 10,3 k € | -80.1% | 51,9 k € | +65.4% | 31,4 k € | +234% | 9,4 k € | – | – | 93,6 k € | +306% | 23 k € | -69.6% | 75,8 k € | +1361% | 5,2 k € | |||
| Debts | 4,9 M € | -1.4% | 5 M € | +9.6% | 4,5 M € | +529% | 722,2 k € | -30.1% | 1 M € | -0.7% | 1 M € | -11.5% | 1,2 M € | -0.7% | 1,2 M € | -14.9% | 1,4 M € | +0.6% | 1,4 M € | -12.6% | 1,6 M € | +22.7% | 1,3 M € | -11.2% | 1,5 M € | -3.2% | 1,5 M € | -12.7% | 1,7 M € | +53.1% | 1,1 M € | +2.8% | 1,1 M € | -12.4% | 1,2 M € | +24.2% | 1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 10,6 ETP | +9.3% | 9,7 ETP | +10.2% | 8,8 ETP | +27.5% | 6,9 ETP | +1.5% | 6,8 ETP | -29.2% | 9,6 ETP | -9.4% | 10,6 ETP | -3.6% | 11,0 ETP | +3.8% | 10,6 ETP | +8.2% | 9,8 ETP | 0.0% | 9,8 ETP | -5.8% | 10,4 ETP | +28.4% | 8,1 ETP | -24.3% | 10,7 ETP | -20.1% | 13,4 ETP | +32.7% | 10,1 ETP | -1.0% | 10,2 ETP | 0.0% | 10,2 ETP | -2.9% | 10,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/08/2025 · 1 active · 1 ended
Active mandates
Dany De Letter
ActiveEnded mandates
Dany De Letter
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/09/2024 | 01/03/2023 | 01/03/2022 | 01/03/2021 | 01/03/2020 | 01/03/2019 |
| Closing of the financial year | 31/08/2025 | 31/08/2024 | 28/02/2023 | 28/02/2022 | 28/02/2021 | 29/02/2020 |
| Length of the financial year | 12 months | 18 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/11/2025 | 30/01/2025 | 04/10/2023 | 25/03/2022 | 04/10/2021 | 11/09/2020 |
| General meeting | 17/11/2025 | 03/01/2025 | 19/08/2023 | 23/03/2022 | 15/08/2021 | 15/08/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/08/2025 | 17/11/2025 | 24/11/2025 | Dutch | |
| Abridged model | 31/08/2024 | 03/01/2025 | 30/01/2025 | Dutch | |
| Abridged model | 28/02/2023 | 19/08/2023 | 04/10/2023 | Dutch | |
| Abridged model | 28/02/2022 | 23/03/2022 | 25/03/2022 | Dutch | |
| Abridged model | 28/02/2021 | 15/08/2021 | 04/10/2021 | Dutch | |
| Abridged model | 29/02/2020 | 15/08/2020 | 11/09/2020 | Dutch | |
| Abridged modelCorrection | 28/02/2019 | 15/08/2019 | 29/06/2020 | Dutch | |
| Abridged model | 28/02/2019 | 15/08/2019 | 11/09/2019 | Dutch | |
| Abridged modelCorrection | 28/02/2018 | 15/08/2018 | 29/06/2020 | Dutch | |
| Abridged model | 28/02/2018 | 15/08/2018 | 10/09/2018 | Dutch | |
| Abridged model | 28/02/2017 | 05/09/2017 | 14/09/2017 | Dutch | |
| Abridged model | 29/02/2016 | 05/09/2016 | 21/09/2016 | Dutch | |
| Abridged model | 28/02/2015 | 05/09/2015 | 09/09/2015 | Dutch | |
| Abridged model | 28/02/2014 | 05/09/2014 | 05/09/2014 | Dutch | |
| Abridged model | 28/02/2013 | 05/09/2013 | 06/09/2013 | Dutch | |
| Abridged model | 29/02/2012 | 15/08/2012 | 10/09/2012 | Dutch | |
| Abridged modelCorrection | 28/02/2011 | 19/06/2012 | 02/07/2012 | Dutch | |
| Abridged model | 28/02/2011 | 15/08/2011 | 12/09/2011 | Dutch | |
| Abridged model | 28/02/2010 | 05/09/2010 | 13/09/2010 | Dutch | |
| Abridged model | 28/02/2009 | 15/08/2009 | 28/08/2009 | Dutch | |
| Abridged model | 29/02/2008 | 05/09/2008 | 08/09/2008 | Dutch | |
| Abridged model | 28/02/2007 | 15/08/2007 | 03/09/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/08/2025 · 1 active · 1 ended
Active mandates
Dany De Letter
ActiveEnded mandates
Dany De Letter
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office11/04/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates12/07/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025124,2 k €↓
- 2024Annual accounts 2024153,3 k €↑
- 2023Annual accounts 2023-82,5 k €↓
- 2022Annual accounts 2022250,2 k €↑
- 2021Annual accounts 2021-243,5 k €↓
- 2020Annual accounts 202075,6 k €↑
- 2019Annual accounts 2019-1,3 k €↓
- 2018Annual accounts 20184,5 k €↓
- 2017Annual accounts 201716,3 k €↓
- 2016Annual accounts 201631,4 k €↑
- 2015Annual accounts 2015-20,1 k €↓
- 2014Annual accounts 201420 €↓
- 2013Annual accounts 201327,5 k €↑
- 2012Annual accounts 2012-70,5 k €↓
- 2011Annual accounts 2011-454,3 €↓
- 2010Annual accounts 201041,4 k €↓
- 2009Annual accounts 200988,6 k €↑
- 2008Annual accounts 20089,2 k €↓
- 2007Annual accounts 200786,8 k €
- 06/02/1990IncorporationPrivate limited company