SWEYNBEER: 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.
SWEYNBEER
Largest movements
- Stocks and contracts +€10,130
up €10,130 (+79.8%), from €12,696 to €22,826
- Cash -€9,546
down €9,546 (-74.0%), from €12,906 to €3,360
mainly Investment in fixed assets (net) (-€22,539) and Trade debts (-€15,390)
- Tangible fixed assets +€4,940
up €4,940 (+1.8%), from €281,364 to €286,305
of which Other tangible fixed assets: +€8,788
- Trade debts -€15,390
down €15,390 (-76.4%), from €20,148 to €4,759
- Profit (loss) carried forward +€6,284
up €6,284 (+27.2%), from -€23,118 to -€16,834
- Revaluation surpluses -€5,852
down €5,852 (-5.7%), from €102,661 to €96,809
- Reserves +€5,852
up €5,852 (+40.7%), from €14,370 to €20,222
- Debts after one year +€3,917
up €3,917 (+2.3%), from €173,396 to €177,312
- Gross operating margin +€32,375
up €32,375 (+599.4%), from €5,401 to €37,776
- Financial charges +€5,939
up €5,939 (+161.5%), from €3,678 to €9,617
- Depreciation +€4,877
up €4,877 (+39.9%), from €12,221 to €17,098
- Other operating charges +€3,942
up €3,942 (+329.5%), from €1,196 to €5,139
- Financial income -€823
down €823 (-83.3%), from €988 to €165
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 | €312,458 | €315,250 | +€2,792 | +0.9% |
| Fixed assets | 21/28 | €281,364 | €286,805 | +€5,440 | +1.9% |
| Tangible fixed assets | 22/27 | €281,364 | €286,305 | +€4,940 | +1.8% |
| Plant, machinery and equipment | 23 | €138,762 | €134,568 | -€4,194 | -3.0% |
| Furniture and vehicles | 24 | €878 | €1,225 | +€347 | +39.5% |
| Other tangible fixed assets | 26 | €141,724 | €150,512 | +€8,788 | +6.2% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €31,094 | €28,446 | -€2,648 | -8.5% |
| Stocks and contracts in progress | 3 | €12,696 | €22,826 | +€10,130 | +79.8% |
| Stocks | 30/36 | €12,696 | €22,826 | +€10,130 | +79.8% |
| Amounts receivable within one year | 40/41 | €4,346 | €1,680 | -€2,666 | -61.3% |
| Trade receivables | 40 | €3,219 | €1,680 | -€1,539 | -47.8% |
| Other amounts receivable | 41 | €1,127 | €0 | -€1,127 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,906 | €3,360 | -€9,546 | -74.0% |
| Deferred charges and accrued income | 490/1 | €1,146 | €579 | -€567 | -49.5% |
| Total equity and liabilities | 10/49 | €312,458 | €315,250 | +€2,792 | +0.9% |
| Equity | 10/15 | €108,913 | €115,197 | +€6,284 | +5.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Revaluation surpluses | 12 | €102,661 | €96,809 | -€5,852 | -5.7% |
| Reserves | 13 | €14,370 | €20,222 | +€5,852 | +40.7% |
| Distributable reserves | 133 | €14,370 | €20,222 | +€5,852 | +40.7% |
| Profit (loss) carried forward | 14 | -€23,118 | -€16,834 | +€6,284 | +27.2% |
| Amounts payable | 17/49 | €203,545 | €200,054 | -€3,492 | -1.7% |
| Amounts payable after more than one year | 17 | €173,396 | €177,312 | +€3,917 | +2.3% |
| Financial debts | 170/4 | €173,396 | €177,312 | +€3,917 | +2.3% |
| Amounts payable within one year | 42/48 | €30,150 | €19,413 | -€10,737 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €5,781 | €6,209 | +€428 | +7.4% |
| Trade debts | 44 | €20,148 | €4,759 | -€15,390 | -76.4% |
| Suppliers | 440/4 | €20,148 | €4,759 | -€15,390 | -76.4% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | - | €2,760 | +€2,760 | |
| Taxes | 450/3 | - | €2,760 | +€2,760 | |
| Other amounts payable | 47/48 | €4,221 | €5,185 | +€965 | +22.9% |
| Accrued charges and deferred income | 492/3 | - | €3,329 | +€3,329 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,221 | €17,098 | +€4,877 | +39.9% |
| Other operating charges | 640/8 | €1,196 | €5,139 | +€3,942 | +329.5% |
| Gross operating margin | 9900 | €5,401 | €37,776 | +€32,375 | +599.4% |
| Operating profit (loss) | 9901 | -€8,017 | €15,539 | +€23,556 | |
| Financial income | 75/76B | €988 | €165 | -€823 | -83.3% |
| Recurring financial income | 75 | €988 | €165 | -€823 | -83.3% |
| Financial charges | 65/66B | €3,678 | €9,617 | +€5,939 | +161.5% |
| Recurring financial charges | 65 | €3,678 | €9,617 | +€5,939 | +161.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,707 | €6,087 | +€16,794 | |
| Income taxes | 67/77 | €197 | -€197 | -€394 | |
| Profit (loss) for the period | 9904 | -€10,903 | €6,284 | +€17,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,903 | €6,284 | +€17,187 |
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.