ACTIVE

SWITCH ON

Financial year 2025 · closed on 31/12/2025
Net result
-37,8 k €
+33.1% YoY
Gross margin
-3 k €
+85.7% YoY
Equity
-81,9 k €
-85.8% YoY

What does SWITCH ON do?

SWITCH ON is a Private limited company incorporated in 2019. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0727.484.063
Incorporation
24/05/2019
Legal form
Private limited company
Registered office
Voskenslaan 95 box A
9000 Gent · FlandreSee on map
Contributed capital
297 000,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-3 k €-20,8 k €-121,4 k €-25,6 k €-48,1 k €
EBITDA-3,5 k €-21,4 k €-121,9 k €-26,5 k €-49,2 k €
Operating result-37,8 k €-56,5 k €-155,9 k €-46,1 k €-67,4 k €
Net result-37,8 k €-56,5 k €-155,9 k €-47,7 k €-67,5 k €
Balance sheet
Equity-81,9 k €-44,1 k €12,4 k €168,3 k €15,9 k €
Total assets88,8 k €141,3 k €191,5 k €330,5 k €157 k €
Cash2,1 k €12,8 k €32,5 k €211,3 k €12 k €
Debts168 k €182,7 k €176,3 k €159,7 k €138,6 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Quentin Laurent

Bestuurder · since 30 juin 2024

Active
Lothar De Keyne

Bestuurder · since 23 mai 2019

Active

Ended mandates

Ingeborg Hoffelinck

Bestuurder · since 30 juin 2023

Ended
Elke Van Hoof

Bestuurder · since 19 décembre 2022 · until 30 juin 2023

Ended
Lemon Companies

Bestuurder · since 27 janvier 2021 · 0634.604.286

Represented by Jeremy Schuermans

Ended
Lemon Companies

Director · since 27 janvier 2021 · 0634.604.286

Represented by Jeremy Schuermans

Ended
At this address

Other companies at this address

CompanyCBE no.
dScribeActive
0770.726.861
0794.979.534
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202124/05/2019
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 months20 months
Filing date31/08/202631/07/202523/07/202431/08/202331/08/202230/08/2021
General meeting28/08/202630/06/202530/06/202430/06/202331/07/202231/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/08/202631/08/2026DutchPDF
Micro model31/12/202430/06/202531/07/2025DutchPDF
Micro model31/12/202330/06/202423/07/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202131/07/202231/08/2022DutchPDF
Micro model31/12/202031/07/202130/08/2021DutchPDF
Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Quentin Laurent

Bestuurder · since 30 juin 2024

Active
Lothar De Keyne

Bestuurder · since 23 mai 2019

Active

Ended mandates

Ingeborg Hoffelinck

Bestuurder · since 30 juin 2023

Ended
Elke Van Hoof

Bestuurder · since 19 décembre 2022 · until 30 juin 2023

Ended
Lemon Companies

Bestuurder · since 27 janvier 2021 · 0634.604.286

Represented by Jeremy Schuermans

Ended
Lemon Companies

Director · since 27 janvier 2021 · 0634.604.286

Represented by Jeremy Schuermans

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-37,8 k €
  2. 2024
    Annual accounts 2024-56,5 k €
  3. 2023
    Annual accounts 2023-155,9 k €
  4. 2022
    Annual accounts 2022-47,7 k €
  5. 2021
    Annual accounts 2021-67,5 k €
  6. 24/05/2019
    IncorporationPrivate limited company