MARK SWYSEN PROJECTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MARK SWYSEN PROJECTS
Largest movements
- Tangible fixed assets -€214,309
down €214,309 (-99.5%), from €215,393 to €1,084
of which Land and buildings: -€212,128
- Cash +€43,872
up €43,872 (+10,179%), from €431 to €44,303
mainly Net result for the year (+€258,774) and Investment in fixed assets (net) (+€214,112)
- Profit (loss) carried forward +€258,774
up €258,774, from -€239,246 to €19,528
- Other debts -€219,150
down €219,150 (-96.2%), from €227,721 to €8,571
- Revaluation surpluses -€200,000
down €200,000 (-100%), from €200,000 to €0
- Trade debts -€10,701
down €10,701 (-79.2%), from €13,505 to €2,804
- Gross operating margin +€273,988
up €273,988, from -€12,173 to €261,815
- Purchases and services -€24,172
no longer reported in 2025 (was €24,172)
- Turnover -€11,999
no longer reported in 2025 (was €11,999)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,431 | €52,495 | -€169,936 | -76.4% |
| Fixed assets | 21/28 | €215,393 | €1,084 | -€214,309 | -99.5% |
| Tangible fixed assets | 22/27 | €215,393 | €1,084 | -€214,309 | -99.5% |
| Land and buildings | 22 | €212,128 | €0 | -€212,128 | -100% |
| Plant, machinery and equipment | 23 | €3,265 | €1,084 | -€2,181 | -66.8% |
| Current assets | 29/58 | €7,038 | €51,411 | +€44,373 | +630% |
| Amounts receivable within one year | 40/41 | €6,607 | €6,655 | +€48 | +0.7% |
| Trade receivables | 40 | €5,752 | €6,655 | +€903 | +15.7% |
| Other amounts receivable | 41 | €855 | €0 | -€855 | -100% |
| Cash at bank and in hand | 54/58 | €431 | €44,303 | +€43,872 | +10,179% |
| Deferred charges and accrued income | 490/1 | - | €452 | +€452 | |
| Total equity and liabilities | 10/49 | €222,431 | €52,495 | -€169,936 | -76.4% |
| Equity | 10/15 | -€18,795 | €39,979 | +€58,774 | |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €0 | -€200,000 | -100% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | -€239,246 | €19,528 | +€258,774 | |
| Amounts payable | 17/49 | €241,226 | €12,515 | -€228,711 | -94.8% |
| Amounts payable within one year | 42/48 | €241,226 | €12,515 | -€228,711 | -94.8% |
| Trade debts | 44 | €13,505 | €2,804 | -€10,701 | -79.2% |
| Suppliers | 440/4 | €13,505 | €2,804 | -€10,701 | -79.2% |
| Taxes, remuneration and social security | 45 | - | €1,141 | +€1,141 | |
| Taxes | 450/3 | - | €1,141 | +€1,141 | |
| Other amounts payable | 47/48 | €227,721 | €8,571 | -€219,150 | -96.2% |
| Turnover | 70 | €11,999 | - | -€11,999 | |
| Non-recurring operating income | 76A | - | €317,097 | +€317,097 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,172 | - | -€24,172 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,522 | €197 | -€2,325 | -92.2% |
| Other operating charges | 640/8 | €1,680 | €2,293 | +€613 | +36.5% |
| Non-recurring operating charges | 66A | - | €490 | +€490 | |
| Gross operating margin | 9900 | -€12,173 | €261,815 | +€273,988 | |
| Operating profit (loss) | 9901 | -€16,375 | €258,835 | +€275,210 | |
| Financial income | 75/76B | €6 | €7 | +€1 | +18.5% |
| Recurring financial income | 75 | €6 | €7 | +€1 | +18.5% |
| Financial charges | 65/66B | €42 | €66 | +€24 | +56.5% |
| Recurring financial charges | 65 | €42 | €66 | +€24 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,411 | €258,776 | +€275,187 | |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€16,411 | €258,774 | +€275,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,411 | €258,774 | +€275,185 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.