SWANNIES: 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.
SWANNIES
Largest movements
- Receivables within one year -€21,898
down €21,898 (-70.2%), from €31,211 to €9,313
of which Trade receivables: -€19,649
- Stocks and contracts +€19,546
new in 2024: €19,546
- Tangible fixed assets +€1,871
up €1,871 (+257%), from €729 to €2,600
of which Furniture and vehicles: +€2,004
- Other debts -€1,048
down €1,048 (-4.4%), from €24,070 to €23,022
- Profit (loss) carried forward +€356
up €356 (+13.7%), from -€2,603 to -€2,247
- Gross operating margin +€1,489
up €1,489, from -€500 to €989
- Staff costs -€667
down €667 (-97.4%), from €685 to €18
- Other operating charges -€614
down €614 (-83.9%), from €732 to €118
- Financial charges -€251
down €251 (-67.2%), from €374 to €123
- Depreciation +€62
up €62 (+19.5%), from €317 to €379
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.
Derived cash bridge
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 | €32,581 | €32,065 | -€516 | -1.6% |
| Fixed assets | 21/28 | €729 | €2,600 | +€1,871 | +257% |
| Tangible fixed assets | 22/27 | €729 | €2,600 | +€1,871 | +257% |
| Plant, machinery and equipment | 23 | €219 | €86 | -€133 | -60.8% |
| Furniture and vehicles | 24 | €509 | €2,514 | +€2,004 | +393% |
| Current assets | 29/58 | €31,852 | €29,465 | -€2,387 | -7.5% |
| Stocks and contracts in progress | 3 | - | €19,546 | +€19,546 | |
| Contracts in progress | 37 | - | €19,546 | +€19,546 | |
| Amounts receivable within one year | 40/41 | €31,211 | €9,313 | -€21,898 | -70.2% |
| Trade receivables | 40 | €28,609 | €8,959 | -€19,649 | -68.7% |
| Other amounts receivable | 41 | €2,602 | €354 | -€2,248 | -86.4% |
| Cash at bank and in hand | 54/58 | €641 | €606 | -€35 | -5.4% |
| Total equity and liabilities | 10/49 | €32,581 | €32,065 | -€516 | -1.6% |
| Equity | 10/15 | €8,257 | €8,613 | +€356 | +4.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,860 | €7,860 | = | 0.0% |
| Distributable reserves | 133 | €7,860 | €7,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,603 | -€2,247 | +€356 | +13.7% |
| Amounts payable | 17/49 | €24,324 | €23,452 | -€872 | -3.6% |
| Amounts payable within one year | 42/48 | €24,324 | €23,452 | -€872 | -3.6% |
| Trade debts | 44 | €254 | €343 | +€89 | +35.0% |
| Suppliers | 440/4 | €254 | €343 | +€89 | +35.0% |
| Taxes, remuneration and social security | 45 | - | €87 | +€87 | |
| Taxes | 450/3 | - | €87 | +€87 | |
| Other amounts payable | 47/48 | €24,070 | €23,022 | -€1,048 | -4.4% |
| Remuneration, social security and pensions | 62 | €685 | €18 | -€667 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | €379 | +€62 | +19.5% |
| Other operating charges | 640/8 | €732 | €118 | -€614 | -83.9% |
| Gross operating margin | 9900 | -€500 | €989 | +€1,489 | |
| Operating profit (loss) | 9901 | -€2,234 | €474 | +€2,708 | |
| Financial income | 75/76B | €5 | €4 | -€1 | -10.9% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -10.9% |
| Financial charges | 65/66B | €374 | €123 | -€251 | -67.2% |
| Recurring financial charges | 65 | €374 | €123 | -€251 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,603 | €356 | +€2,959 | |
| Profit (loss) for the period | 9904 | -€2,603 | €356 | +€2,959 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,603 | €356 | +€2,959 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.