SW SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets -€13,353
down €13,353 (-63.2%), from €21,125 to €7,772
- Cash +€1,854
up €1,854 (+125%), from €1,483 to €3,337
mainly Investment in fixed assets (net) (+€11,223) and Short-term financial debts (+€8,801)
- Receivables within one year -€1,183
down €1,183 (-5.0%), from €23,597 to €22,414
of which Other amounts receivable: -€8,450
- Deferred charges and accrued income +€781
new in 2025: €781
- Tax, wage and social debts -€19,453
down €19,453 (-76.9%), from €25,298 to €5,845
of which Taxes: -€19,453
- Short-term financial debts +€8,801
new in 2025: €8,801
- Profit (loss) carried forward -€4,078
down €4,078 (-54.8%), from -€7,444 to -€11,522
- Trade debts +€2,830
up €2,830 (+28.6%), from €9,901 to €12,731
- Gross operating margin -€177,347
down €177,347 (-93.3%), from €190,074 to €12,727
- Staff costs -€76,954
down €76,954 (-100.0%), from €76,970 to €16
- Taxes -€32,097
down €32,097 (-88.6%), from €36,213 to €4,116
- Depreciation -€11,134
down €11,134 (-83.9%), from €13,263 to €2,129
- Other operating charges -€4,330
down €4,330 (-80.5%), from €5,376 to €1,047
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 | €46,355 | €34,455 | -€11,900 | -25.7% |
| Fixed assets | 21/28 | €21,275 | €7,922 | -€13,353 | -62.8% |
| Tangible fixed assets | 22/27 | €21,125 | €7,772 | -€13,353 | -63.2% |
| Furniture and vehicles | 24 | €21,125 | €7,772 | -€13,353 | -63.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €25,080 | €26,533 | +€1,453 | +5.8% |
| Amounts receivable within one year | 40/41 | €23,597 | €22,414 | -€1,183 | -5.0% |
| Trade receivables | 40 | €10,088 | €17,355 | +€7,267 | +72.0% |
| Other amounts receivable | 41 | €13,509 | €5,059 | -€8,450 | -62.6% |
| Cash at bank and in hand | 54/58 | €1,483 | €3,337 | +€1,854 | +125% |
| Deferred charges and accrued income | 490/1 | - | €781 | +€781 | |
| Total equity and liabilities | 10/49 | €46,355 | €34,455 | -€11,900 | -25.7% |
| Equity | 10/15 | €11,156 | €7,078 | -€4,078 | -36.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,444 | -€11,522 | -€4,078 | -54.8% |
| Amounts payable | 17/49 | €35,199 | €27,377 | -€7,822 | -22.2% |
| Amounts payable within one year | 42/48 | €35,199 | €27,377 | -€7,822 | -22.2% |
| Financial debts | 43 | - | €8,801 | +€8,801 | |
| Credit institutions | 430/8 | - | €8,801 | +€8,801 | |
| Trade debts | 44 | €9,901 | €12,731 | +€2,830 | +28.6% |
| Suppliers | 440/4 | €9,901 | €12,731 | +€2,830 | +28.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €25,298 | €5,845 | -€19,453 | -76.9% |
| Taxes | 450/3 | €25,298 | €5,845 | -€19,453 | -76.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €76,970 | €16 | -€76,954 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,263 | €2,129 | -€11,134 | -83.9% |
| Other operating charges | 640/8 | €5,376 | €1,047 | -€4,330 | -80.5% |
| Non-recurring operating charges | 66A | €52,120 | €9,573 | -€42,547 | -81.6% |
| Gross operating margin | 9900 | €190,074 | €12,727 | -€177,347 | -93.3% |
| Operating profit (loss) | 9901 | €42,344 | -€38 | -€42,382 | |
| Financial income | 75/76B | €1,143 | €783 | -€360 | -31.5% |
| Recurring financial income | 75 | €1,143 | €783 | -€360 | -31.5% |
| Financial charges | 65/66B | €2,519 | €707 | -€1,812 | -71.9% |
| Recurring financial charges | 65 | €2,519 | €707 | -€1,812 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €40,968 | €38 | -€40,930 | -99.9% |
| Income taxes | 67/77 | €36,213 | €4,116 | -€32,097 | -88.6% |
| Profit (loss) for the period | 9904 | €4,755 | -€4,078 | -€8,833 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,755 | -€4,078 | -€8,833 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.