SWEY Consulting: 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.
SWEY Consulting
Largest movements
- Receivables within one year -€189,243
down €189,243 (-85.6%), from €221,196 to €31,953
of which Other amounts receivable: -€192,047
- Cash +€92,147
up €92,147 (+216.7%), from €42,524 to €134,671
mainly Net result for the year (+€223,298) and Receivables within one year (+€189,243)
- Receivables after one year -€59,000
no longer reported in 2025 (was €59,000)
- Tangible fixed assets -€17,842
down €17,842 (-5.8%), from €305,402 to €287,560
of which Land and buildings: -€13,892
- Other debts -€86,994
down €86,994 (-57.9%), from €150,300 to €63,306
- Reserves -€80,916
down €80,916 (-77.9%), from €103,916 to €23,000
- Debts after one year -€26,037
down €26,037 (-7.9%), from €328,157 to €302,120
- Tax, wage and social debts +€8,749
up €8,749 (+23.5%), from €37,219 to €45,969
- Gross operating margin +€271,780
up €271,780 (+639.4%), from €42,506 to €314,286
- Taxes +€65,252
up €65,252 (+866.2%), from €7,533 to €72,785
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.
Cash bridge derived
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 | €645,016 | €468,023 | -€176,993 | -27.4% |
| Fixed assets | 21/28 | €305,802 | €287,960 | -€17,842 | -5.8% |
| Tangible fixed assets | 22/27 | €305,402 | €287,560 | -€17,842 | -5.8% |
| Land and buildings | 22 | €282,429 | €268,537 | -€13,892 | -4.9% |
| Furniture and vehicles | 24 | €22,973 | €19,024 | -€3,949 | -17.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €339,214 | €180,063 | -€159,151 | -46.9% |
| Amounts receivable after more than one year | 29 | €59,000 | - | -€59,000 | |
| Other amounts receivable | 291 | €59,000 | - | -€59,000 | |
| Amounts receivable within one year | 40/41 | €221,196 | €31,953 | -€189,243 | -85.6% |
| Trade receivables | 40 | €28,188 | €30,992 | +€2,803 | +9.9% |
| Other amounts receivable | 41 | €193,008 | €961 | -€192,047 | -99.5% |
| Cash at bank and in hand | 54/58 | €42,524 | €134,671 | +€92,147 | +216.7% |
| Deferred charges and accrued income | 490/1 | €16,494 | €13,439 | -€3,055 | -18.5% |
| Total equity and liabilities | 10/49 | €645,016 | €468,023 | -€176,993 | -27.4% |
| Equity | 10/15 | €106,916 | €26,298 | -€80,618 | -75.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €103,916 | €23,000 | -€80,916 | -77.9% |
| Distributable reserves | 133 | €103,916 | €23,000 | -€80,916 | -77.9% |
| Profit (loss) carried forward | 14 | - | €298 | +€298 | |
| Amounts payable | 17/49 | €538,101 | €441,725 | -€96,375 | -17.9% |
| Amounts payable after more than one year | 17 | €328,157 | €302,120 | -€26,037 | -7.9% |
| Financial debts | 170/4 | €328,157 | €302,120 | -€26,037 | -7.9% |
| Amounts payable within one year | 42/48 | €209,944 | €139,245 | -€70,698 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €20,701 | €26,037 | +€5,335 | +25.8% |
| Trade debts | 44 | €1,723 | €3,934 | +€2,211 | +128.3% |
| Suppliers | 440/4 | €1,723 | €3,934 | +€2,211 | +128.3% |
| Taxes, remuneration and social security | 45 | €37,219 | €45,969 | +€8,749 | +23.5% |
| Taxes | 450/3 | €37,219 | €45,969 | +€8,749 | +23.5% |
| Other amounts payable | 47/48 | €150,300 | €63,306 | -€86,994 | -57.9% |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Non-recurring operating income | 76A | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,166 | €22,443 | -€723 | -3.1% |
| Other operating charges | 640/8 | €1,025 | €1,383 | +€358 | +34.9% |
| Non-recurring operating charges | 66A | €166 | €21 | -€145 | -87.4% |
| Gross operating margin | 9900 | €42,506 | €314,286 | +€271,780 | +639.4% |
| Operating profit (loss) | 9901 | €18,149 | €290,440 | +€272,291 | +1500.3% |
| Financial income | 75/76B | €14,275 | €11,240 | -€3,034 | -21.3% |
| Recurring financial income | 75 | €14,275 | €11,240 | -€3,034 | -21.3% |
| Financial charges | 65/66B | €5,754 | €5,597 | -€157 | -2.7% |
| Recurring financial charges | 65 | €5,754 | €5,597 | -€157 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €26,670 | €296,083 | +€269,413 | +1010.2% |
| Income taxes | 67/77 | €7,533 | €72,785 | +€65,252 | +866.2% |
| Profit (loss) for the period | 9904 | €19,137 | €223,298 | +€204,161 | +1066.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,137 | €223,298 | +€204,161 | +1066.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.