Swaelens-Verschingel: what changed
What changed
Swaelens-Verschingel
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€142,448
2024 · €134,774+€7,674
Equity
€20,460
2024 · €252,442-€231,982
Cash
€104,114
2024 · €214,345-€110,231
Balance sheet total
€474,762
2024 · €599,200-€124,438
Largest movements
Assets
- Cash -€110,231
down €110,231 (-51.4%), from €214,345 to €104,114
mainly Contributions, distributions and other (-€374,430) and Deferred charges and accrued income (-€43,451)
- Deferred charges and accrued income +€43,451
up €43,451 (+54.6%), from €79,596 to €123,047
- Tangible fixed assets -€43,194
down €43,194 (-15.7%), from €275,608 to €232,414
of which Land and buildings: -€27,382
- Receivables within one year -€14,464
down €14,464 (-52.6%), from €27,503 to €13,039
of which Trade receivables: -€20,126
Equity and liabilities
- Other debts +€124,015
up €124,015 (+478%), from €25,918 to €149,933
- Reserves -€120,596
down €120,596 (-98.5%), from €122,456 to €1,860
of which Distributable reserves: -€120,596
- Profit (loss) carried forward -€111,386
down €111,386 (-100%), from €111,386 to €0
- Accrued charges and deferred income -€25,000
down €25,000 (-26.3%), from €95,000 to €70,000
- Trade debts +€22,871
up €22,871 (+116%), from €19,745 to €42,616
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€134,774
Gross operating margin
+€3,436
Staff costs
-€941
Depreciation
+€4,910
Other operating charges
+€1,408
Financial income
+€826
Financial charges
-€2,627
Taxes
+€662
Result 2025
€142,448
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€270,990
Investment
+€3,491
Financing
-€384,712
Cash 2024
€214,345
From operations (derived)
+€270,990
Net result for the year
+€142,448
Depreciation
+€39,703
Receivables within one year
+€14,464
Deferred charges and accrued income
-€43,451
Trade debts
+€22,871
Tax, wage and social debts
-€4,061
Other debts
+€124,015
Accrued charges and deferred income
-€25,000
Investment (derived)
+€3,491
Investment in fixed assets (net)
+€3,491
Financing
-€384,712
Debts after one year
-€10,321
Current portion of long-term debt
+€169
Short-term financial debts
-€130
Contributions, distributions and other
-€374,430
Cash 2025
€104,114
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €599,200 | €474,762 | -€124,438 | -20.8% |
| Fixed assets | 21/28 | €277,757 | €234,563 | -€43,194 | -15.6% |
| Tangible fixed assets | 22/27 | €275,608 | €232,414 | -€43,194 | -15.7% |
| Land and buildings | 22 | €257,257 | €229,875 | -€27,382 | -10.6% |
| Furniture and vehicles | 24 | €18,350 | €2,539 | -€15,812 | -86.2% |
| Financial fixed assets | 28 | €2,149 | €2,149 | = | 0.0% |
| Current assets | 29/58 | €321,443 | €240,200 | -€81,244 | -25.3% |
| Amounts receivable within one year | 40/41 | €27,503 | €13,039 | -€14,464 | -52.6% |
| Trade receivables | 40 | €20,670 | €545 | -€20,126 | -97.4% |
| Other amounts receivable | 41 | €6,833 | €12,494 | +€5,662 | +82.9% |
| Cash at bank and in hand | 54/58 | €214,345 | €104,114 | -€110,231 | -51.4% |
| Deferred charges and accrued income | 490/1 | €79,596 | €123,047 | +€43,451 | +54.6% |
| Total equity and liabilities | 10/49 | €599,200 | €474,762 | -€124,438 | -20.8% |
| Equity | 10/15 | €252,442 | €20,460 | -€231,982 | -91.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,456 | €1,860 | -€120,596 | -98.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,596 | €0 | -€120,596 | -100% |
| Profit (loss) carried forward | 14 | €111,386 | €0 | -€111,386 | -100% |
| Amounts payable | 17/49 | €346,758 | €454,302 | +€107,544 | +31.0% |
| Amounts payable after more than one year | 17 | €134,511 | €124,191 | -€10,321 | -7.7% |
| Financial debts | 170/4 | €134,511 | €124,191 | -€10,321 | -7.7% |
| Amounts payable within one year | 42/48 | €117,247 | €260,112 | +€142,865 | +122% |
| Current portion of amounts payable after more than one year | 42 | €10,152 | €10,321 | +€169 | +1.7% |
| Financial debts | 43 | €130 | €0 | -€130 | -100% |
| Credit institutions | 430/8 | €130 | €0 | -€130 | -100% |
| Trade debts | 44 | €19,745 | €42,616 | +€22,871 | +116% |
| Suppliers | 440/4 | €19,745 | €42,616 | +€22,871 | +116% |
| Taxes, remuneration and social security | 45 | €61,302 | €57,242 | -€4,061 | -6.6% |
| Taxes | 450/3 | €11,974 | €11,498 | -€476 | -4.0% |
| Remuneration and social security | 454/9 | €49,328 | €45,743 | -€3,585 | -7.3% |
| Other amounts payable | 47/48 | €25,918 | €149,933 | +€124,015 | +478% |
| Accrued charges and deferred income | 492/3 | €95,000 | €70,000 | -€25,000 | -26.3% |
| Non-recurring operating income | 76A | €11,472 | €9,400 | -€2,072 | -18.1% |
| Remuneration, social security and pensions | 62 | €371,122 | €372,063 | +€941 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,613 | €39,703 | -€4,910 | -11.0% |
| Other operating charges | 640/8 | €5,222 | €3,813 | -€1,408 | -27.0% |
| Gross operating margin | 9900 | €613,657 | €617,093 | +€3,436 | +0.6% |
| Operating profit (loss) | 9901 | €192,700 | €201,515 | +€8,814 | +4.6% |
| Financial income | 75/76B | €629 | €1,454 | +€826 | +131% |
| Recurring financial income | 75 | €629 | €1,454 | +€826 | +131% |
| Financial charges | 65/66B | €5,388 | €8,015 | +€2,627 | +48.8% |
| Recurring financial charges | 65 | €5,388 | €8,015 | +€2,627 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €187,942 | €194,954 | +€7,013 | +3.7% |
| Income taxes | 67/77 | €53,168 | €52,506 | -€662 | -1.2% |
| Profit (loss) for the period | 9904 | €134,774 | €142,448 | +€7,674 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,774 | €142,448 | +€7,674 | +5.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.