SW IMMO: 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.
SW IMMO
Largest movements
- Cash -€15
down €15 (-27.7%), from €54 to €39
mainly Net result for the year (-€2,529) and Trade debts (-€500)
- Other debts +€3,014
up €3,014 (+53.2%), from €5,661 to €8,675
- Profit (loss) carried forward -€2,529
down €2,529 (-38.0%), from -€6,650 to -€9,179
- Trade debts -€500
down €500 (-47.9%), from €1,043 to €543
- Financial charges +€107
up €107 (+22.9%), from €467 to €574
- Other operating charges -€40
down €40 (-9.5%), from €428 to €387
- Gross operating margin -€34
down €34 (-2.2%), from -€1,534 to -€1,568
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 | €54 | €39 | -€15 | -27.7% |
| Current assets | 29/58 | €54 | €39 | -€15 | -27.7% |
| Cash at bank and in hand | 54/58 | €54 | €39 | -€15 | -27.7% |
| Total equity and liabilities | 10/49 | €54 | €39 | -€15 | -27.7% |
| Equity | 10/15 | -€6,650 | -€9,179 | -€2,529 | -38.0% |
| Profit (loss) carried forward | 14 | -€6,650 | -€9,179 | -€2,529 | -38.0% |
| Amounts payable | 17/49 | €6,704 | €9,218 | +€2,514 | +37.5% |
| Amounts payable within one year | 42/48 | €6,704 | €9,218 | +€2,514 | +37.5% |
| Trade debts | 44 | €1,043 | €543 | -€500 | -47.9% |
| Suppliers | 440/4 | €1,043 | €543 | -€500 | -47.9% |
| Other amounts payable | 47/48 | €5,661 | €8,675 | +€3,014 | +53.2% |
| Other operating charges | 640/8 | €428 | €387 | -€40 | -9.5% |
| Gross operating margin | 9900 | -€1,534 | -€1,568 | -€34 | -2.2% |
| Operating profit (loss) | 9901 | -€1,962 | -€1,955 | +€6 | +0.3% |
| Financial charges | 65/66B | €467 | €574 | +€107 | +22.9% |
| Recurring financial charges | 65 | €467 | €574 | +€107 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,428 | -€2,529 | -€100 | -4.1% |
| Profit (loss) for the period | 9904 | -€2,428 | -€2,529 | -€100 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,428 | -€2,529 | -€100 | -4.1% |
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 15 October 2026 via checked.be.