SWARMS ENTERTAINMENT: 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.
"SWARMS ENTERTAINMENT"
Largest movements
- Intangible fixed assets -€13,565
down €13,565 (-17.4%), from €77,999 to €64,434
- Current portion of long-term debt -€31,523
down €31,523 (-100%), from €31,523 to €0
- Debts after one year +€31,523
up €31,523 (+45.2%), from €69,672 to €101,195
- Profit (loss) carried forward -€20,378
down €20,378 (-306%), from -€6,667 to -€27,045
- Financial charges +€2,998
up €2,998 (+116%), from €2,591 to €5,589
- Gross operating margin -€1,618
down €1,618, from €394 to -€1,224
- Taxes -€139
down €139 (-100%), from €139 to €0
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 | €819,892 | €796,638 | -€23,254 | -2.8% |
| Fixed assets | 21/28 | €77,999 | €64,434 | -€13,565 | -17.4% |
| Intangible fixed assets | 21 | €77,999 | €64,434 | -€13,565 | -17.4% |
| Current assets | 29/58 | €741,893 | €732,204 | -€9,689 | -1.3% |
| Stocks and contracts in progress | 3 | €731,405 | €731,405 | = | 0.0% |
| Stocks | 30/36 | - | €731,405 | +€731,405 | |
| Contracts in progress | 37 | €731,405 | - | -€731,405 | |
| Amounts receivable within one year | 40/41 | €2,756 | €0 | -€2,756 | -100% |
| Trade receivables | 40 | €2,756 | €0 | -€2,756 | -100% |
| Cash at bank and in hand | 54/58 | €7,732 | €799 | -€6,933 | -89.7% |
| Total equity and liabilities | 10/49 | €819,892 | €796,638 | -€23,254 | -2.8% |
| Equity | 10/15 | €649,503 | €629,125 | -€20,378 | -3.1% |
| Contributions | 10/11 | €656,066 | €656,066 | = | 0.0% |
| Capital | 10 | €593,745 | €593,745 | = | 0.0% |
| Issued capital | 100 | €593,745 | €593,745 | = | 0.0% |
| Contributions outside capital | 11 | €62,321 | €62,321 | = | 0.0% |
| Share premium | 1100/10 | €62,321 | €62,321 | = | 0.0% |
| Reserves | 13 | €104 | €104 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104 | €104 | = | 0.0% |
| Legal reserve | 130 | €104 | €104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,667 | -€27,045 | -€20,378 | -306% |
| Amounts payable | 17/49 | €170,389 | €167,513 | -€2,876 | -1.7% |
| Amounts payable after more than one year | 17 | €69,672 | €101,195 | +€31,523 | +45.2% |
| Financial debts | 170/4 | €69,672 | €101,195 | +€31,523 | +45.2% |
| Amounts payable within one year | 42/48 | €94,912 | €65,610 | -€29,302 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €31,523 | €0 | -€31,523 | -100% |
| Trade debts | 44 | €26,540 | €24,634 | -€1,906 | -7.2% |
| Suppliers | 440/4 | €26,540 | €24,634 | -€1,906 | -7.2% |
| Taxes, remuneration and social security | 45 | €178 | €44 | -€134 | -75.5% |
| Taxes | 450/3 | €178 | €44 | -€134 | -75.5% |
| Other amounts payable | 47/48 | €36,671 | €40,932 | +€4,261 | +11.6% |
| Accrued charges and deferred income | 492/3 | €5,805 | €708 | -€5,097 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,565 | €13,565 | = | 0.0% |
| Gross operating margin | 9900 | €394 | -€1,224 | -€1,618 | |
| Operating profit (loss) | 9901 | -€13,171 | -€14,789 | -€1,618 | -12.3% |
| Financial charges | 65/66B | €2,591 | €5,589 | +€2,998 | +116% |
| Recurring financial charges | 65 | €2,591 | €5,589 | +€2,998 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€15,762 | -€20,378 | -€4,616 | -29.3% |
| Income taxes | 67/77 | €139 | €0 | -€139 | -100% |
| Profit (loss) for the period | 9904 | -€15,901 | -€20,378 | -€4,477 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,901 | -€20,378 | -€4,477 | -28.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.