DIDIER SWAELENS: what changed
DIDIER SWAELENS
Largest movements
- Receivables within one year +€123,313
up €123,313 (+493%), from €25,000 to €148,313
of which Other amounts receivable: +€123,313
- Cash -€46,940
down €46,940 (-39.7%), from €118,175 to €71,235
mainly Receivables within one year (-€123,313) and Tax, wage and social debts (-€6,728)
- Profit (loss) carried forward +€83,343
new in 2025: €83,343
- Tax, wage and social debts -€6,728
down €6,728 (-22.2%), from €30,244 to €23,516
- Taxes -€6,703
down €6,703 (-22.8%), from €29,343 to €22,640
- Gross operating margin +€6,244
up €6,244 (+6.0%), from €104,462 to €110,706
- Financial charges +€1,966
up €1,966 (+90.7%), from €2,167 to €4,133
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 | €159,776 | €235,464 | +€75,688 | +47.4% |
| Fixed assets | 21/28 | €2,645 | €2,076 | -€569 | -21.5% |
| Tangible fixed assets | 22/27 | €2,645 | €2,076 | -€569 | -21.5% |
| Other tangible fixed assets | 26 | €2,645 | €2,076 | -€569 | -21.5% |
| Current assets | 29/58 | €157,130 | €233,388 | +€76,257 | +48.5% |
| Amounts receivable within one year | 40/41 | €25,000 | €148,313 | +€123,313 | +493% |
| Trade receivables | 40 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €123,313 | +€123,313 | |
| Cash at bank and in hand | 54/58 | €118,175 | €71,235 | -€46,940 | -39.7% |
| Deferred charges and accrued income | 490/1 | €13,956 | €13,839 | -€116 | -0.8% |
| Total equity and liabilities | 10/49 | €159,776 | €235,464 | +€75,688 | +47.4% |
| Equity | 10/15 | €126,564 | €209,907 | +€83,343 | +65.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €124,064 | €124,064 | = | 0.0% |
| Distributable reserves | 133 | €124,064 | €124,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €83,343 | +€83,343 | |
| Amounts payable | 17/49 | €33,211 | €25,557 | -€7,655 | -23.0% |
| Amounts payable within one year | 42/48 | €33,211 | €25,557 | -€7,655 | -23.0% |
| Trade debts | 44 | €2,032 | €2,041 | +€9 | +0.4% |
| Suppliers | 440/4 | €2,032 | €2,041 | +€9 | +0.4% |
| Taxes, remuneration and social security | 45 | €30,244 | €23,516 | -€6,728 | -22.2% |
| Taxes | 450/3 | €30,244 | €23,516 | -€6,728 | -22.2% |
| Other amounts payable | 47/48 | €936 | €0 | -€936 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €569 | +€369 | +185% |
| Other operating charges | 640/8 | €393 | €387 | -€6 | -1.4% |
| Gross operating margin | 9900 | €104,462 | €110,706 | +€6,244 | +6.0% |
| Operating profit (loss) | 9901 | €103,870 | €109,750 | +€5,880 | +5.7% |
| Financial income | 75/76B | €0 | €367 | +€367 | |
| Recurring financial income | 75 | €0 | €367 | +€367 | |
| Financial charges | 65/66B | €2,167 | €4,133 | +€1,966 | +90.7% |
| Recurring financial charges | 65 | €2,167 | €4,133 | +€1,966 | +90.7% |
| Profit (loss) for the period before taxes | 9903 | €101,702 | €105,983 | +€4,281 | +4.2% |
| Income taxes | 67/77 | €29,343 | €22,640 | -€6,703 | -22.8% |
| Profit (loss) for the period | 9904 | €72,360 | €83,343 | +€10,983 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,360 | €83,343 | +€10,983 | +15.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.