SWANTRUST: 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.
SWANTRUST
Largest movements
- Financial fixed assets -€514,182
down €514,182 (-100.0%), from €514,182 to €0
- Cash +€11,279
up €11,279 (+1202.6%), from €938 to €12,217
mainly Investment in fixed assets (net) (+€514,182) and Trade debts (+€248)
- Other debts -€472,496
down €472,496 (-53.3%), from €886,717 to €414,221
- Profit (loss) carried forward -€30,655
down €30,655 (-7.1%), from -€434,084 to -€464,739
- Financial charges +€1,068
up €1,068 (+4.0%), from €26,835 to €27,903
- Gross operating margin -€1,058
down €1,058 (-67.2%), from -€1,576 to -€2,634
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 | €515,120 | €12,217 | -€502,903 | -97.6% |
| Fixed assets | 21/28 | €514,182 | €0 | -€514,182 | -100.0% |
| Financial fixed assets | 28 | €514,182 | €0 | -€514,182 | -100.0% |
| Current assets | 29/58 | €938 | €12,217 | +€11,279 | +1202.6% |
| Cash at bank and in hand | 54/58 | €938 | €12,217 | +€11,279 | +1202.6% |
| Total equity and liabilities | 10/49 | €515,120 | €12,217 | -€502,903 | -97.6% |
| Equity | 10/15 | -€372,084 | -€402,739 | -€30,655 | -8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€434,084 | -€464,739 | -€30,655 | -7.1% |
| Amounts payable | 17/49 | €887,204 | €414,956 | -€472,248 | -53.2% |
| Amounts payable within one year | 42/48 | €887,204 | €414,956 | -€472,248 | -53.2% |
| Trade debts | 44 | €487 | €735 | +€248 | +51.0% |
| Suppliers | 440/4 | €487 | €735 | +€248 | +51.0% |
| Other amounts payable | 47/48 | €886,717 | €414,221 | -€472,496 | -53.3% |
| Other operating charges | 640/8 | €102 | €118 | +€16 | +15.7% |
| Gross operating margin | 9900 | -€1,576 | -€2,634 | -€1,058 | -67.2% |
| Operating profit (loss) | 9901 | -€1,678 | -€2,752 | -€1,074 | -64.0% |
| Financial charges | 65/66B | €26,835 | €27,903 | +€1,068 | +4.0% |
| Recurring financial charges | 65 | €26,835 | €27,903 | +€1,068 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,512 | -€30,655 | -€2,142 | -7.5% |
| Profit (loss) for the period | 9904 | -€28,512 | -€30,655 | -€2,142 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,512 | -€30,655 | -€2,142 | -7.5% |
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 30 September 2026 via checked.be.