Swennen Laswerken: what changed
Swennen Laswerken
Largest movements
- Cash +€58,831
up €58,831 (+233%), from €25,236 to €84,067
mainly Net result for the year (+€38,242) and Receivables within one year (+€14,052)
- Receivables within one year -€14,052
down €14,052 (-54.8%), from €25,659 to €11,608
of which Trade receivables: -€14,136
- Tangible fixed assets -€9,166
down €9,166 (-35.3%), from €25,969 to €16,803
of which Plant, machinery and equipment: -€7,188
- Stocks and contracts -€4,983
down €4,983 (-28.0%), from €17,820 to €12,837
- Reserves +€38,242
up €38,242 (+118%), from €32,429 to €70,671
- Debts after one year -€11,039
down €11,039 (-22.8%), from €48,322 to €37,283
- Trade debts +€3,155
up €3,155 (+44.0%), from €7,165 to €10,320
- Turnover +€58,394
up €58,394 (+37.1%), from €157,204 to €215,598
- Gross operating margin +€29,830
up €29,830 (+97.1%), from €30,731 to €60,561
- Taxes +€5,412
up €5,412 (+107%), from €5,036 to €10,448
- Purchases and services +€3,007
up €3,007 (+2.1%), from €143,904 to €146,910
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,639 | €125,956 | +€30,318 | +31.7% |
| Fixed assets | 21/28 | €25,969 | €16,803 | -€9,166 | -35.3% |
| Tangible fixed assets | 22/27 | €25,969 | €16,803 | -€9,166 | -35.3% |
| Plant, machinery and equipment | 23 | €15,179 | €7,991 | -€7,188 | -47.4% |
| Furniture and vehicles | 24 | €10,790 | €8,811 | -€1,979 | -18.3% |
| Current assets | 29/58 | €69,670 | €109,154 | +€39,484 | +56.7% |
| Stocks and contracts in progress | 3 | €17,820 | €12,837 | -€4,983 | -28.0% |
| Stocks | 30/36 | €17,820 | €12,837 | -€4,983 | -28.0% |
| Amounts receivable within one year | 40/41 | €25,659 | €11,608 | -€14,052 | -54.8% |
| Trade receivables | 40 | €20,275 | €6,139 | -€14,136 | -69.7% |
| Other amounts receivable | 41 | €5,385 | €5,469 | +€84 | +1.6% |
| Cash at bank and in hand | 54/58 | €25,236 | €84,067 | +€58,831 | +233% |
| Deferred charges and accrued income | 490/1 | €954 | €643 | -€312 | -32.7% |
| Total equity and liabilities | 10/49 | €95,639 | €125,956 | +€30,318 | +31.7% |
| Equity | 10/15 | €34,429 | €72,671 | +€38,242 | +111% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €32,429 | €70,671 | +€38,242 | +118% |
| Distributable reserves | 133 | €32,429 | €70,671 | +€38,242 | +118% |
| Amounts payable | 17/49 | €61,210 | €53,286 | -€7,924 | -12.9% |
| Amounts payable after more than one year | 17 | €48,322 | €37,283 | -€11,039 | -22.8% |
| Other amounts payable | 178/9 | €48,322 | €37,283 | -€11,039 | -22.8% |
| Amounts payable within one year | 42/48 | €12,638 | €15,753 | +€3,115 | +24.6% |
| Trade debts | 44 | €7,165 | €10,320 | +€3,155 | +44.0% |
| Suppliers | 440/4 | €7,165 | €10,320 | +€3,155 | +44.0% |
| Taxes, remuneration and social security | 45 | €5,473 | €5,433 | -€40 | -0.7% |
| Taxes | 450/3 | €5,473 | €5,433 | -€40 | -0.7% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Turnover | 70 | €157,204 | €215,598 | +€58,394 | +37.1% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €143,904 | €146,910 | +€3,007 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,632 | €11,059 | +€427 | +4.0% |
| Other operating charges | 640/8 | €1,356 | €801 | -€554 | -40.9% |
| Gross operating margin | 9900 | €30,731 | €60,561 | +€29,830 | +97.1% |
| Operating profit (loss) | 9901 | €18,743 | €48,700 | +€29,957 | +160% |
| Financial income | 75/76B | €120 | €122 | +€2 | +2.0% |
| Recurring financial income | 75 | €120 | €122 | +€2 | +2.0% |
| Financial charges | 65/66B | €1,683 | €133 | -€1,550 | -92.1% |
| Recurring financial charges | 65 | €1,683 | €133 | -€1,550 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €17,180 | €48,689 | +€31,509 | +183% |
| Income taxes | 67/77 | €5,036 | €10,448 | +€5,412 | +107% |
| Profit (loss) for the period | 9904 | €12,144 | €38,242 | +€26,097 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €12,144 | €38,242 | +€26,097 | +215% |
Next steps
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 3 November 2026 via checked.be.