SWERTO: what changed
Two fiscal 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.
SWERTO
Largest movements
- Receivables within one year +€5,251
up €5,251 (+21.2%), from €24,751 to €30,002
- Tangible fixed assets -€3,479
down €3,479 (-16.4%), from €21,163 to €17,684
of which Plant, machinery and equipment: -€2,058
- Stocks and contracts -€2,645
down €2,645 (-53.3%), from €4,965 to €2,320
- Cash +€1,106
up €1,106 (+38.4%), from €2,877 to €3,983
mainly Net result for the year (+€5,006) and Depreciation (+€3,480)
- Debts after one year -€8,435
down €8,435 (-17.1%), from €49,184 to €40,749
- Profit (loss) carried forward +€5,006
up €5,006 (+12.6%), from -€39,852 to -€34,846
- Trade debts +€2,835
up €2,835 (+8.9%), from €31,877 to €34,712
- Tax, wage and social debts +€644
up €644 (+31.2%), from €2,066 to €2,710
- Gross operating margin -€13,789
down €13,789 (-44.4%), from €31,087 to €17,298
- Depreciation -€8,407
down €8,407 (-70.7%), from €11,887 to €3,480
- Other operating charges -€4,590
down €4,590 (-40.6%), from €11,310 to €6,720
- Financial charges -€1,639
down €1,639 (-44.8%), from €3,657 to €2,018
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,026 | €54,259 | +€233 | +0.4% |
| Fixed assets | 21/28 | €21,433 | €17,954 | -€3,479 | -16.2% |
| Tangible fixed assets | 22/27 | €21,163 | €17,684 | -€3,479 | -16.4% |
| Land and buildings | 22 | €6,009 | €5,195 | -€814 | -13.5% |
| Plant, machinery and equipment | 23 | €14,547 | €12,489 | -€2,058 | -14.1% |
| Furniture and vehicles | 24 | €607 | - | -€607 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €32,593 | €36,305 | +€3,712 | +11.4% |
| Stocks and contracts in progress | 3 | €4,965 | €2,320 | -€2,645 | -53.3% |
| Stocks | 30/36 | €4,965 | €2,320 | -€2,645 | -53.3% |
| Amounts receivable within one year | 40/41 | €24,751 | €30,002 | +€5,251 | +21.2% |
| Other amounts receivable | 41 | €24,751 | €30,002 | +€5,251 | +21.2% |
| Cash at bank and in hand | 54/58 | €2,877 | €3,983 | +€1,106 | +38.4% |
| Total equity and liabilities | 10/49 | €54,026 | €54,259 | +€233 | +0.4% |
| Equity | 10/15 | -€37,352 | -€32,346 | +€5,006 | +13.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,852 | -€34,846 | +€5,006 | +12.6% |
| Amounts payable | 17/49 | €91,378 | €86,605 | -€4,773 | -5.2% |
| Amounts payable after more than one year | 17 | €49,184 | €40,749 | -€8,435 | -17.1% |
| Financial debts | 170/4 | €49,184 | €40,749 | -€8,435 | -17.1% |
| Amounts payable within one year | 42/48 | €42,194 | €45,856 | +€3,662 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €8,251 | €8,434 | +€183 | +2.2% |
| Trade debts | 44 | €31,877 | €34,712 | +€2,835 | +8.9% |
| Suppliers | 440/4 | €31,877 | €34,712 | +€2,835 | +8.9% |
| Taxes, remuneration and social security | 45 | €2,066 | €2,710 | +€644 | +31.2% |
| Taxes | 450/3 | €2,066 | €2,710 | +€644 | +31.2% |
| Remuneration, social security and pensions | 62 | €269 | - | -€269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,887 | €3,480 | -€8,407 | -70.7% |
| Other operating charges | 640/8 | €11,310 | €6,720 | -€4,590 | -40.6% |
| Non-recurring operating charges | 66A | €62 | - | -€62 | |
| Gross operating margin | 9900 | €31,087 | €17,298 | -€13,789 | -44.4% |
| Operating profit (loss) | 9901 | €7,559 | €7,098 | -€461 | -6.1% |
| Financial charges | 65/66B | €3,657 | €2,018 | -€1,639 | -44.8% |
| Recurring financial charges | 65 | €3,657 | €2,018 | -€1,639 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €3,902 | €5,080 | +€1,178 | +30.2% |
| Income taxes | 67/77 | €307 | €74 | -€233 | -75.9% |
| Profit (loss) for the period | 9904 | €3,595 | €5,006 | +€1,411 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,595 | €5,006 | +€1,411 | +39.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.