SWENTIBOLD: 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.
SWENTIBOLD
Largest movements
- Current investments +€68,031
up €68,031 (+16.5%), from €412,833 to €480,863
- Tangible fixed assets -€37,253
down €37,253 (-19.8%), from €188,048 to €150,796
of which Land and buildings: -€35,419
- Cash +€31,209
up €31,209 (+42.0%), from €74,219 to €105,427
mainly Other debts (+€43,349) and Depreciation (+€37,253)
- Other debts +€43,349
up €43,349 (+14.7%), from €294,333 to €337,682
- Profit (loss) carried forward +€21,760
up €21,760 (+11.0%), from -€197,912 to -€176,152
- Taxes +€13,610
up €13,610, from -€1,118 to €12,492
- Financial charges +€12,368
up €12,368 (+59.8%), from €20,666 to €33,034
- Financial income +€5,651
up €5,651 (+23.3%), from €24,211 to €29,862
- Other operating charges -€2,461
down €2,461 (-30.1%), from €8,183 to €5,722
- Depreciation +€834
up €834 (+2.3%), from €36,419 to €37,253
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 | €680,287 | €740,647 | +€60,360 | +8.9% |
| Fixed assets | 21/28 | €188,048 | €150,796 | -€37,253 | -19.8% |
| Tangible fixed assets | 22/27 | €188,048 | €150,796 | -€37,253 | -19.8% |
| Land and buildings | 22 | €182,157 | €146,738 | -€35,419 | -19.4% |
| Furniture and vehicles | 24 | €2,587 | €1,415 | -€1,172 | -45.3% |
| Other tangible fixed assets | 26 | €3,304 | €2,643 | -€661 | -20.0% |
| Current assets | 29/58 | €492,239 | €589,851 | +€97,612 | +19.8% |
| Amounts receivable within one year | 40/41 | €5,187 | €3,560 | -€1,627 | -31.4% |
| Trade receivables | 40 | €1,446 | €1,446 | = | 0.0% |
| Other amounts receivable | 41 | €3,741 | €2,114 | -€1,627 | -43.5% |
| Current investments | 50/53 | €412,833 | €480,863 | +€68,031 | +16.5% |
| Cash at bank and in hand | 54/58 | €74,219 | €105,427 | +€31,209 | +42.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €680,287 | €740,647 | +€60,360 | +8.9% |
| Equity | 10/15 | €362,906 | €384,666 | +€21,760 | +6.0% |
| Contributions | 10/11 | €545,366 | €545,366 | = | 0.0% |
| Capital | 10 | €545,366 | €545,366 | = | 0.0% |
| Issued capital | 100 | €545,366 | €545,366 | = | 0.0% |
| Reserves | 13 | €15,452 | €15,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,452 | €15,452 | = | 0.0% |
| Legal reserve | 130 | €15,452 | €15,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,912 | -€176,152 | +€21,760 | +11.0% |
| Amounts payable | 17/49 | €317,381 | €355,980 | +€38,599 | +12.2% |
| Amounts payable within one year | 42/48 | €316,361 | €354,960 | +€38,599 | +12.2% |
| Trade debts | 44 | €13,004 | €5,901 | -€7,103 | -54.6% |
| Suppliers | 440/4 | €13,004 | €5,901 | -€7,103 | -54.6% |
| Taxes, remuneration and social security | 45 | €9,024 | €11,377 | +€2,353 | +26.1% |
| Taxes | 450/3 | €9,024 | €11,377 | +€2,353 | +26.1% |
| Other amounts payable | 47/48 | €294,333 | €337,682 | +€43,349 | +14.7% |
| Accrued charges and deferred income | 492/3 | €1,020 | €1,020 | = | 0.0% |
| Non-recurring operating income | 76A | €8,838 | €0 | -€8,838 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,419 | €37,253 | +€834 | +2.3% |
| Other operating charges | 640/8 | €8,183 | €5,722 | -€2,461 | -30.1% |
| Gross operating margin | 9900 | €80,085 | €80,400 | +€315 | +0.4% |
| Operating profit (loss) | 9901 | €35,483 | €37,425 | +€1,942 | +5.5% |
| Financial income | 75/76B | €24,211 | €29,862 | +€5,651 | +23.3% |
| Recurring financial income | 75 | €24,211 | €29,862 | +€5,651 | +23.3% |
| Financial charges | 65/66B | €20,666 | €33,034 | +€12,368 | +59.8% |
| Recurring financial charges | 65 | €20,666 | €33,034 | +€12,368 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | €39,028 | €34,252 | -€4,776 | -12.2% |
| Income taxes | 67/77 | -€1,118 | €12,492 | +€13,610 | |
| Profit (loss) for the period | 9904 | €40,147 | €21,760 | -€18,386 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,147 | €21,760 | -€18,386 | -45.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.