SW MANAGEMENT SOLUTION: 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.
SW MANAGEMENT SOLUTION
Largest movements
- Cash +€14,609
up €14,609 (+75.9%), from €19,237 to €33,846
mainly Stocks and contracts (+€9,461) and Debts after one year (+€3,818)
- Stocks and contracts -€9,461
down €9,461 (-46.8%), from €20,215 to €10,754
- Receivables within one year +€3,150
up €3,150 (+19.6%), from €16,060 to €19,210
of which Trade receivables: +€9,059
- Deferred charges and accrued income -€2,146
down €2,146 (-68.5%), from €3,133 to €987
- Financial fixed assets -€990
no longer reported in 2024 (was €990)
- Debts after one year +€3,818
new in 2024: €3,818
- Tax, wage and social debts +€3,321
up €3,321 (+7.8%), from €42,619 to €45,940
of which Remuneration and social security: +€3,135
- Trade debts -€2,428
no longer reported in 2024 (was €2,428)
- Other debts +€1,650
new in 2024: €1,650
- Profit (loss) carried forward -€1,328
down €1,328 (-25.9%), from €5,117 to €3,789
- Turnover +€53,755
up €53,755 (+37.3%), from €144,245 to €198,000
- Purchases and services +€51,526
up €51,526 (+650.2%), from €7,925 to €59,451
- Other operating charges -€10,963
down €10,963 (-77.0%), from €14,244 to €3,281
- Staff costs +€7,954
up €7,954 (+7.2%), from €110,872 to €118,826
- Gross operating margin -€7,771
down €7,771 (-5.7%), from €136,320 to €128,549
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,764 | €64,797 | +€5,033 | +8.4% |
| Formation expenses | 20 | €129 | €0 | -€129 | -100.0% |
| Fixed assets | 21/28 | €990 | €0 | -€990 | -100.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €990 | - | -€990 | |
| Current assets | 29/58 | €58,645 | €64,797 | +€6,152 | +10.5% |
| Stocks and contracts in progress | 3 | €20,215 | €10,754 | -€9,461 | -46.8% |
| Stocks | 30/36 | €20,215 | €10,754 | -€9,461 | -46.8% |
| Amounts receivable within one year | 40/41 | €16,060 | €19,210 | +€3,150 | +19.6% |
| Trade receivables | 40 | €8,941 | €18,000 | +€9,059 | +101.3% |
| Other amounts receivable | 41 | €7,119 | €1,210 | -€5,909 | -83.0% |
| Cash at bank and in hand | 54/58 | €19,237 | €33,846 | +€14,609 | +75.9% |
| Deferred charges and accrued income | 490/1 | €3,133 | €987 | -€2,146 | -68.5% |
| Total equity and liabilities | 10/49 | €59,764 | €64,797 | +€5,033 | +8.4% |
| Equity | 10/15 | €14,717 | €13,389 | -€1,328 | -9.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Capital | 10 | €8,000 | €8,000 | = | 0.0% |
| Issued capital | 100 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €1,600 | €1,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,600 | €1,600 | = | 0.0% |
| Legal reserve | 130 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,117 | €3,789 | -€1,328 | -25.9% |
| Amounts payable | 17/49 | €45,047 | €51,408 | +€6,361 | +14.1% |
| Amounts payable after more than one year | 17 | - | €3,818 | +€3,818 | |
| Trade debts | 175 | - | €3,818 | +€3,818 | |
| Amounts payable within one year | 42/48 | €45,047 | €47,590 | +€2,543 | +5.6% |
| Trade debts | 44 | €2,428 | - | -€2,428 | |
| Suppliers | 440/4 | €2,428 | - | -€2,428 | |
| Taxes, remuneration and social security | 45 | €42,619 | €45,940 | +€3,321 | +7.8% |
| Taxes | 450/3 | €25,301 | €25,487 | +€186 | +0.7% |
| Remuneration and social security | 454/9 | €17,318 | €20,453 | +€3,135 | +18.1% |
| Other amounts payable | 47/48 | - | €1,650 | +€1,650 | |
| Turnover | 70 | €144,245 | €198,000 | +€53,755 | +37.3% |
| Non-recurring operating income | 76A | €36 | - | -€36 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,925 | €59,451 | +€51,526 | +650.2% |
| Remuneration, social security and pensions | 62 | €110,872 | €118,826 | +€7,954 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €129 | -€34 | -20.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,076 | - | -€1,076 | |
| Other operating charges | 640/8 | €14,244 | €3,281 | -€10,963 | -77.0% |
| Gross operating margin | 9900 | €136,320 | €128,549 | -€7,771 | -5.7% |
| Operating profit (loss) | 9901 | €9,965 | €6,313 | -€3,652 | -36.7% |
| Financial charges | 65/66B | €280 | €346 | +€66 | +23.5% |
| Recurring financial charges | 65 | €280 | €346 | +€66 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €9,685 | €5,967 | -€3,718 | -38.4% |
| Income taxes | 67/77 | €4,568 | €2,178 | -€2,390 | -52.3% |
| Profit (loss) for the period | 9904 | €5,117 | €3,789 | -€1,328 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,117 | €3,789 | -€1,328 | -25.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.