SWEPTAIL: 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.
SWEPTAIL
Largest movements
- Cash +€120,875
up €120,875 (+1,407%), from €8,590 to €129,464
mainly Other debts (+€83,190) and Stocks and contracts (+€62,546)
- Stocks and contracts -€62,546
down €62,546 (-100%), from €62,546 to €0
- Receivables after one year -€46,755
down €46,755 (-100%), from €46,755 to €0
- Receivables within one year -€5,122
down €5,122 (-29.1%), from €17,624 to €12,501
- Reserves -€90,861
down €90,861 (-86.6%), from €104,861 to €14,000
- Other debts +€83,190
up €83,190 (+14,881%), from €559 to €83,749
- Tax, wage and social debts +€16,004
up €16,004 (+77.1%), from €20,755 to €36,758
of which Taxes: +€20,662
- Trade debts -€2,299
down €2,299 (-52.9%), from €4,344 to €2,045
- Gross operating margin +€42,696
up €42,696 (+213%), from €20,075 to €62,771
- Taxes +€8,680
up €8,680 (+165%), from €5,263 to €13,943
- Financial income +€663
up €663 (+88.5%), from €749 to €1,412
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 | €136,519 | €142,552 | +€6,033 | +4.4% |
| Fixed assets | 21/28 | €1,005 | €587 | -€418 | -41.6% |
| Tangible fixed assets | 22/27 | €1,005 | €587 | -€418 | -41.6% |
| Furniture and vehicles | 24 | €1,005 | €587 | -€418 | -41.6% |
| Current assets | 29/58 | €135,514 | €141,966 | +€6,452 | +4.8% |
| Amounts receivable after more than one year | 29 | €46,755 | €0 | -€46,755 | -100% |
| Other amounts receivable | 291 | €46,755 | €0 | -€46,755 | -100% |
| Stocks and contracts in progress | 3 | €62,546 | €0 | -€62,546 | -100% |
| Stocks | 30/36 | €62,546 | €0 | -€62,546 | -100% |
| Amounts receivable within one year | 40/41 | €17,624 | €12,501 | -€5,122 | -29.1% |
| Trade receivables | 40 | €17,624 | €12,501 | -€5,122 | -29.1% |
| Cash at bank and in hand | 54/58 | €8,590 | €129,464 | +€120,875 | +1,407% |
| Total equity and liabilities | 10/49 | €136,519 | €142,552 | +€6,033 | +4.4% |
| Equity | 10/15 | €110,861 | €20,000 | -€90,861 | -82.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €104,861 | €14,000 | -€90,861 | -86.6% |
| Distributable reserves | 133 | €104,861 | €14,000 | -€90,861 | -86.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,658 | €122,552 | +€96,894 | +378% |
| Amounts payable within one year | 42/48 | €25,658 | €122,552 | +€96,894 | +378% |
| Trade debts | 44 | €4,344 | €2,045 | -€2,299 | -52.9% |
| Suppliers | 440/4 | €4,344 | €2,045 | -€2,299 | -52.9% |
| Taxes, remuneration and social security | 45 | €20,755 | €36,758 | +€16,004 | +77.1% |
| Taxes | 450/3 | €16,096 | €36,758 | +€20,662 | +128% |
| Remuneration and social security | 454/9 | €4,659 | €0 | -€4,659 | -100% |
| Other amounts payable | 47/48 | €559 | €83,749 | +€83,190 | +14,881% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €418 | +€168 | +67.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €20,075 | €62,771 | +€42,696 | +213% |
| Operating profit (loss) | 9901 | €19,707 | €62,232 | +€42,526 | +216% |
| Financial income | 75/76B | €749 | €1,412 | +€663 | +88.5% |
| Recurring financial income | 75 | €749 | €1,412 | +€663 | +88.5% |
| Financial charges | 65/66B | €126 | €125 | -€2 | -1.3% |
| Recurring financial charges | 65 | €126 | €125 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €20,330 | €63,520 | +€43,190 | +212% |
| Income taxes | 67/77 | €5,263 | €13,943 | +€8,680 | +165% |
| Profit (loss) for the period | 9904 | €15,066 | €49,577 | +€34,511 | +229% |
| Profit (loss) for the period to be appropriated | 9905 | €15,066 | €49,577 | +€34,511 | +229% |
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 14 October 2026 via checked.be.