SAWIVAN: what changed
Two fiscal 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.
SAWIVAN
Largest movements
- Cash -€2,989
down €2,989 (-26.1%), from €11,474 to €8,485
mainly Net result for the year (-€3,854) and Investment in fixed assets (net) (-€2,610)
- Tangible fixed assets -€301
down €301 (-3.2%), from €9,390 to €9,089
- Profit (loss) carried forward -€3,854
down €3,854, from €0 to -€3,854
- Accrued charges and deferred income +€750
new in 2025: €750
- Tax, wage and social debts -€425
down €425 (-25.1%), from €1,691 to €1,265
- Gross operating margin -€8,741
down €8,741 (-87.8%), from €9,953 to €1,212
- Taxes -€3,953
down €3,953 (-81.4%), from €4,856 to €902
- Depreciation +€1,269
up €1,269 (+77.3%), from €1,642 to €2,911
- Other operating charges +€241
up €241 (+21.6%), from €1,116 to €1,356
- Financial charges -€111
down €111 (-45.2%), from €245 to €134
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.
Cash bridge derived
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 | €28,953 | €25,410 | -€3,544 | -12.2% |
| Fixed assets | 21/28 | €9,390 | €9,089 | -€301 | -3.2% |
| Tangible fixed assets | 22/27 | €9,390 | €9,089 | -€301 | -3.2% |
| Furniture and vehicles | 24 | €9,390 | €9,089 | -€301 | -3.2% |
| Current assets | 29/58 | €19,564 | €16,321 | -€3,243 | -16.6% |
| Amounts receivable within one year | 40/41 | €6,827 | €6,608 | -€220 | -3.2% |
| Trade receivables | 40 | €6,643 | €0 | -€6,643 | -100.0% |
| Other amounts receivable | 41 | €185 | €6,608 | +€6,423 | +3477.0% |
| Cash at bank and in hand | 54/58 | €11,474 | €8,485 | -€2,989 | -26.1% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,229 | -€34 | -2.7% |
| Total equity and liabilities | 10/49 | €28,953 | €25,410 | -€3,544 | -12.2% |
| Equity | 10/15 | €26,865 | €23,011 | -€3,854 | -14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,665 | €20,665 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,205 | €4,205 | = | 0.0% |
| Distributable reserves | 133 | €16,460 | €16,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€3,854 | -€3,854 | |
| Amounts payable | 17/49 | €2,088 | €2,399 | +€310 | +14.9% |
| Amounts payable within one year | 42/48 | €2,088 | €1,649 | -€440 | -21.0% |
| Trade debts | 44 | €255 | €383 | +€128 | +50.3% |
| Suppliers | 440/4 | €255 | €383 | +€128 | +50.3% |
| Taxes, remuneration and social security | 45 | €1,691 | €1,265 | -€425 | -25.1% |
| Taxes | 450/3 | €1,691 | €1,265 | -€425 | -25.1% |
| Other amounts payable | 47/48 | €143 | €0 | -€143 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €2,911 | +€1,269 | +77.3% |
| Other operating charges | 640/8 | €1,116 | €1,356 | +€241 | +21.6% |
| Gross operating margin | 9900 | €9,953 | €1,212 | -€8,741 | -87.8% |
| Operating profit (loss) | 9901 | €7,196 | -€3,055 | -€10,251 | |
| Financial income | 75/76B | €132 | €238 | +€106 | +79.9% |
| Recurring financial income | 75 | €132 | €238 | +€106 | +79.9% |
| Financial charges | 65/66B | €245 | €134 | -€111 | -45.2% |
| Recurring financial charges | 65 | €245 | €134 | -€111 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €7,083 | -€2,952 | -€10,035 | |
| Income taxes | 67/77 | €4,856 | €902 | -€3,953 | -81.4% |
| Profit (loss) for the period | 9904 | €2,227 | -€3,854 | -€6,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,227 | -€3,854 | -€6,082 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.