SWEET P: 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.
SWEET P
Largest movements
- Stocks and contracts -€29,135
down €29,135 (-37.1%), from €78,520 to €49,385
- Cash +€24,931
up €24,931 (+238%), from €10,467 to €35,398
mainly Stocks and contracts (+€29,135) and Net result for the year (+€20,190)
- Profit (loss) carried forward +€20,190
up €20,190 (+57.8%), from -€34,942 to -€14,752
- Debts after one year -€10,948
down €10,948 (-24.6%), from €44,494 to €33,546
- Tax, wage and social debts -€8,983
down €8,983 (-92.6%), from €9,704 to €720
of which Remuneration and social security: -€5,618
- Trade debts -€4,977
down €4,977 (-36.1%), from €13,791 to €8,813
- Staff costs -€29,426
down €29,426 (-69.3%), from €42,461 to €13,035
- Gross operating margin +€4,364
up €4,364 (+14.0%), from €31,180 to €35,544
- Other operating charges -€1,365
down €1,365 (-70.8%), from €1,928 to €562
- Financial charges -€1,188
down €1,188 (-56.7%), from €2,096 to €908
- Depreciation +€511
up €511 (+151%), from €338 to €849
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 | €92,754 | €88,035 | -€4,719 | -5.1% |
| Fixed assets | 21/28 | €3,487 | €2,638 | -€849 | -24.3% |
| Tangible fixed assets | 22/27 | €3,487 | €2,638 | -€849 | -24.3% |
| Plant, machinery and equipment | 23 | €1,956 | €1,527 | -€430 | -22.0% |
| Furniture and vehicles | 24 | €1,531 | €1,112 | -€419 | -27.4% |
| Current assets | 29/58 | €89,266 | €85,396 | -€3,870 | -4.3% |
| Stocks and contracts in progress | 3 | €78,520 | €49,385 | -€29,135 | -37.1% |
| Stocks | 30/36 | €78,520 | €49,385 | -€29,135 | -37.1% |
| Amounts receivable within one year | 40/41 | €180 | €180 | = | 0.0% |
| Other amounts receivable | 41 | €180 | €180 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,467 | €35,398 | +€24,931 | +238% |
| Deferred charges and accrued income | 490/1 | €99 | €433 | +€334 | +338% |
| Total equity and liabilities | 10/49 | €92,754 | €88,035 | -€4,719 | -5.1% |
| Equity | 10/15 | €24,765 | €44,955 | +€20,190 | +81.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,107 | €41,107 | = | 0.0% |
| 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 | €39,247 | €39,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,942 | -€14,752 | +€20,190 | +57.8% |
| Amounts payable | 17/49 | €67,988 | €43,079 | -€24,909 | -36.6% |
| Amounts payable after more than one year | 17 | €44,494 | €33,546 | -€10,948 | -24.6% |
| Other amounts payable | 178/9 | €44,494 | €33,546 | -€10,948 | -24.6% |
| Amounts payable within one year | 42/48 | €23,494 | €9,534 | -€13,961 | -59.4% |
| Trade debts | 44 | €13,791 | €8,813 | -€4,977 | -36.1% |
| Suppliers | 440/4 | €13,791 | €8,813 | -€4,977 | -36.1% |
| Taxes, remuneration and social security | 45 | €9,704 | €720 | -€8,983 | -92.6% |
| Taxes | 450/3 | €4,085 | €720 | -€3,365 | -82.4% |
| Remuneration and social security | 454/9 | €5,618 | - | -€5,618 | |
| Remuneration, social security and pensions | 62 | €42,461 | €13,035 | -€29,426 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €849 | +€511 | +151% |
| Other operating charges | 640/8 | €1,928 | €562 | -€1,365 | -70.8% |
| Gross operating margin | 9900 | €31,180 | €35,544 | +€4,364 | +14.0% |
| Operating profit (loss) | 9901 | -€13,546 | €21,098 | +€34,644 | |
| Financial charges | 65/66B | €2,096 | €908 | -€1,188 | -56.7% |
| Recurring financial charges | 65 | €2,096 | €908 | -€1,188 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,642 | €20,190 | +€35,832 | |
| Profit (loss) for the period | 9904 | -€15,642 | €20,190 | +€35,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,642 | €20,190 | +€35,832 |
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 19 October 2026 via checked.be.