SWENNEN LIENE: what changed
SWENNEN LIENE
Largest movements
- Cash +€29,723
up €29,723 (+135%), from €22,092 to €51,815
mainly Other debts (+€38,770) and Net result for the year (+€21,226)
- Tangible fixed assets -€9,702
down €9,702 (-32.3%), from €30,075 to €20,373
of which Leasing and similar rights: -€8,472
- Receivables within one year -€6,447
down €6,447 (-72.8%), from €8,855 to €2,407
of which Trade receivables: -€8,209
- Other debts +€38,770
up €38,770 (+702%), from €5,524 to €44,295
- Reserves -€17,255
no longer reported in 2025 (was €17,255)
- Debts after one year -€8,254
down €8,254 (-34.8%), from €23,699 to €15,444
- Trade debts +€1,183
up €1,183, from €0 to €1,183
- Gross operating margin +€3,933
up €3,933 (+11.4%), from €34,573 to €38,506
- Financial charges -€1,117
down €1,117 (-47.7%), from €2,341 to €1,225
- Taxes +€562
up €562 (+11.8%), from €4,755 to €5,317
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 | €61,021 | €75,346 | +€14,325 | +23.5% |
| Fixed assets | 21/28 | €30,075 | €20,373 | -€9,702 | -32.3% |
| Tangible fixed assets | 22/27 | €30,075 | €20,373 | -€9,702 | -32.3% |
| Leasing and similar rights | 25 | €27,946 | €19,474 | -€8,472 | -30.3% |
| Other tangible fixed assets | 26 | €2,129 | €899 | -€1,230 | -57.8% |
| Current assets | 29/58 | €30,946 | €54,973 | +€24,027 | +77.6% |
| Amounts receivable within one year | 40/41 | €8,855 | €2,407 | -€6,447 | -72.8% |
| Trade receivables | 40 | €8,209 | €0 | -€8,209 | -100% |
| Other amounts receivable | 41 | €645 | €2,407 | +€1,762 | +273% |
| Cash at bank and in hand | 54/58 | €22,092 | €51,815 | +€29,723 | +135% |
| Deferred charges and accrued income | 490/1 | - | €751 | +€751 | |
| Total equity and liabilities | 10/49 | €61,021 | €75,346 | +€14,325 | +23.5% |
| Equity | 10/15 | €19,255 | €2,000 | -€17,255 | -89.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,255 | - | -€17,255 | |
| Distributable reserves | 133 | €17,255 | - | -€17,255 | |
| Amounts payable | 17/49 | €41,766 | €73,346 | +€31,580 | +75.6% |
| Amounts payable after more than one year | 17 | €23,699 | €15,444 | -€8,254 | -34.8% |
| Financial debts | 170/4 | €23,699 | €15,444 | -€8,254 | -34.8% |
| Amounts payable within one year | 42/48 | €18,068 | €57,902 | +€39,834 | +220% |
| Current portion of amounts payable after more than one year | 42 | €8,005 | €8,254 | +€250 | +3.1% |
| Trade debts | 44 | €0 | €1,183 | +€1,183 | |
| Suppliers | 440/4 | €0 | €1,183 | +€1,183 | |
| Advances received on contracts in progress | 46 | - | €149 | +€149 | |
| Taxes, remuneration and social security | 45 | €4,538 | €4,020 | -€518 | -11.4% |
| Taxes | 450/3 | €2,518 | €2,573 | +€54 | +2.2% |
| Remuneration and social security | 454/9 | €2,020 | €1,448 | -€572 | -28.3% |
| Other amounts payable | 47/48 | €5,524 | €44,295 | +€38,770 | +702% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,702 | €9,702 | = | 0.0% |
| Other operating charges | 640/8 | €898 | €1,036 | +€139 | +15.4% |
| Gross operating margin | 9900 | €34,573 | €38,506 | +€3,933 | +11.4% |
| Operating profit (loss) | 9901 | €23,973 | €27,768 | +€3,794 | +15.8% |
| Financial charges | 65/66B | €2,341 | €1,225 | -€1,117 | -47.7% |
| Recurring financial charges | 65 | €2,341 | €1,225 | -€1,117 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €21,632 | €26,543 | +€4,911 | +22.7% |
| Income taxes | 67/77 | €4,755 | €5,317 | +€562 | +11.8% |
| Profit (loss) for the period | 9904 | €16,878 | €21,226 | +€4,349 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,878 | €21,226 | +€4,349 | +25.8% |
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 7 November 2026 via checked.be.