Advocaat Mathias Swevers: what changed
Advocaat Mathias Swevers
Largest movements
- Cash -€63,329
down €63,329 (-47.0%), from €134,832 to €71,503
mainly Contributions, distributions and other (-€97,404) and Investment in fixed assets (net) (-€12,167)
- Tangible fixed assets +€10,379
up €10,379 (+207%), from €5,019 to €15,399
of which Other tangible fixed assets: +€8,661
- Receivables within one year -€6,440
down €6,440 (-38.2%), from €16,858 to €10,419
of which Trade receivables: -€5,094
- Profit (loss) carried forward -€50,382
down €50,382 (-42.7%), from €118,067 to €67,685
- Other debts -€7,333
down €7,333 (-48.8%), from €15,027 to €7,694
- Trade debts +€7,035
up €7,035 (+306%), from €2,297 to €9,331
- Tax, wage and social debts -€6,925
down €6,925 (-34.7%), from €19,966 to €13,041
of which Taxes: -€6,925
- Contributions -€2,500
down €2,500 (-50.0%), from €5,000 to €2,500
- Gross operating margin +€9,368
up €9,368 (+18.5%), from €50,676 to €60,043
- Write-downs -€2,918
down €2,918 (-100%), from €2,918 to €0
- Taxes +€2,495
up €2,495 (+27.1%), from €9,213 to €11,708
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,358 | €100,322 | -€60,035 | -37.4% |
| Fixed assets | 21/28 | €5,019 | €15,399 | +€10,379 | +207% |
| Tangible fixed assets | 22/27 | €5,019 | €15,399 | +€10,379 | +207% |
| Plant, machinery and equipment | 23 | €1,067 | €457 | -€610 | -57.2% |
| Furniture and vehicles | 24 | - | €2,329 | +€2,329 | |
| Other tangible fixed assets | 26 | €3,952 | €12,613 | +€8,661 | +219% |
| Current assets | 29/58 | €155,338 | €84,924 | -€70,415 | -45.3% |
| Amounts receivable within one year | 40/41 | €16,858 | €10,419 | -€6,440 | -38.2% |
| Trade receivables | 40 | €15,459 | €10,365 | -€5,094 | -32.9% |
| Other amounts receivable | 41 | €1,399 | €53 | -€1,346 | -96.2% |
| Cash at bank and in hand | 54/58 | €134,832 | €71,503 | -€63,329 | -47.0% |
| Deferred charges and accrued income | 490/1 | €3,648 | €3,002 | -€646 | -17.7% |
| Total equity and liabilities | 10/49 | €160,358 | €100,322 | -€60,035 | -37.4% |
| Equity | 10/15 | €123,067 | €70,185 | -€52,882 | -43.0% |
| Contributions | 10/11 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Profit (loss) carried forward | 14 | €118,067 | €67,685 | -€50,382 | -42.7% |
| Amounts payable | 17/49 | €37,290 | €30,137 | -€7,153 | -19.2% |
| Amounts payable within one year | 42/48 | €37,290 | €30,067 | -€7,224 | -19.4% |
| Trade debts | 44 | €2,297 | €9,331 | +€7,035 | +306% |
| Suppliers | 440/4 | €2,297 | €9,331 | +€7,035 | +306% |
| Taxes, remuneration and social security | 45 | €19,966 | €13,041 | -€6,925 | -34.7% |
| Taxes | 450/3 | €17,466 | €10,541 | -€6,925 | -39.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €15,027 | €7,694 | -€7,333 | -48.8% |
| Accrued charges and deferred income | 492/3 | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193 | €1,788 | +€594 | +49.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,918 | €0 | -€2,918 | -100% |
| Other operating charges | 640/8 | €1,037 | €1,104 | +€67 | +6.4% |
| Gross operating margin | 9900 | €50,676 | €60,043 | +€9,368 | +18.5% |
| Operating profit (loss) | 9901 | €45,527 | €57,152 | +€11,625 | +25.5% |
| Financial income | 75/76B | €107 | €7 | -€100 | -93.4% |
| Recurring financial income | 75 | €107 | €7 | -€100 | -93.4% |
| Financial charges | 65/66B | €1,187 | €928 | -€259 | -21.8% |
| Recurring financial charges | 65 | €1,187 | €928 | -€259 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €44,447 | €56,231 | +€11,784 | +26.5% |
| Income taxes | 67/77 | €9,213 | €11,708 | +€2,495 | +27.1% |
| Profit (loss) for the period | 9904 | €35,234 | €44,522 | +€9,289 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,234 | €44,522 | +€9,289 | +26.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.