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SWEYSS: 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.

What changed

SWEYSS

BE 0802.958.773
NACE 14.210, Manufacture of outerwear
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€11,242
2023 · -€4,370-€6,872
Equity
-€12,613
2023 · -€1,370-€11,242
Cash
€763
2023 · €474+€289
Balance sheet total
€31,027
2023 · €26,264+€4,763

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€8,234

    up €8,234 (+1750.9%), from €470 to €8,705

    of which Furniture and vehicles: +€8,333

  • Intangible fixed assets -€4,000

    down €4,000 (-21.1%), from €19,000 to €15,000

Equity and liabilities
  • Other debts +€16,820

    up €16,820 (+83.1%), from €20,251 to €37,071

  • Profit (loss) carried forward -€11,242

    down €11,242 (-257.3%), from -€4,370 to -€15,613

  • Accrued charges and deferred income +€2,338

    up €2,338 (+206.2%), from €1,134 to €3,472

  • Trade debts -€2,163

    down €2,163 (-58.2%), from €3,715 to €1,552

  • Tax, wage and social debts -€1,461

    down €1,461 (-57.7%), from €2,533 to €1,072

    of which Remuneration and social security: -€750

Income statement
  • Depreciation +€4,741

    up €4,741 (+462.6%), from €1,025 to €5,766

  • Gross operating margin -€1,524

    down €1,524 (-57.9%), from -€2,635 to -€4,159

  • Other operating charges +€365

    up €365 (+58.3%), from €626 to €990

  • Financial charges +€185

    up €185 (+218.0%), from €85 to €270

  • Taxes +€86

    new in 2024: €86

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€4,370
Gross operating margin -€1,524
Depreciation -€4,741
Other operating charges -€365
Financial income +€28
Financial charges -€185
Taxes -€86
Result 2024 -€11,242

Cash bridge derived

cash 2023 to 2024

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.

From operations +€10,289
Investment -€10,000
Financing €0
Cash 2023 €474
Net result for the year -€11,242
Depreciation +€5,766
Receivables within one year +€59
Deferred charges and accrued income -€299
Trade debts -€2,163
Tax, wage and social debts -€1,461
Advances received +€472
Other debts +€16,820
Accrued charges and deferred income +€2,338
Investment in fixed assets (net) -€10,000
Cash 2024 €763
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €26,264 €31,027 +€4,763 +18.1%
Fixed assets 21/28 €19,470 €23,705 +€4,234 +21.7%
Intangible fixed assets 21 €19,000 €15,000 -€4,000 -21.1%
Tangible fixed assets 22/27 €470 €8,705 +€8,234 +1750.9%
Plant, machinery and equipment 23 €470 €371 -€99 -21.1%
Furniture and vehicles 24 - €8,333 +€8,333
Current assets 29/58 €6,793 €7,322 +€529 +7.8%
Amounts receivable within one year 40/41 €6,320 €6,261 -€59 -0.9%
Trade receivables 40 €4,368 €4,305 -€63 -1.5%
Other amounts receivable 41 €1,952 €1,956 +€4 +0.2%
Cash at bank and in hand 54/58 €474 €763 +€289 +61.0%
Deferred charges and accrued income 490/1 - €299 +€299
Total equity and liabilities 10/49 €26,264 €31,027 +€4,763 +18.1%
Equity 10/15 -€1,370 -€12,613 -€11,242 -820.6%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€4,370 -€15,613 -€11,242 -257.3%
Amounts payable 17/49 €27,634 €43,640 +€16,006 +57.9%
Amounts payable within one year 42/48 €26,500 €40,168 +€13,668 +51.6%
Trade debts 44 €3,715 €1,552 -€2,163 -58.2%
Suppliers 440/4 €3,715 €1,552 -€2,163 -58.2%
Advances received on contracts in progress 46 - €472 +€472
Taxes, remuneration and social security 45 €2,533 €1,072 -€1,461 -57.7%
Taxes 450/3 €1,783 €1,072 -€711 -39.9%
Remuneration and social security 454/9 €750 - -€750
Other amounts payable 47/48 €20,251 €37,071 +€16,820 +83.1%
Accrued charges and deferred income 492/3 €1,134 €3,472 +€2,338 +206.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,025 €5,766 +€4,741 +462.6%
Other operating charges 640/8 €626 €990 +€365 +58.3%
Gross operating margin 9900 -€2,635 -€4,159 -€1,524 -57.9%
Operating profit (loss) 9901 -€4,285 -€10,915 -€6,630 -154.7%
Financial income 75/76B €0 €28 +€28 +284500.0%
Recurring financial income 75 €0 €28 +€28 +284500.0%
Financial charges 65/66B €85 €270 +€185 +218.0%
Recurring financial charges 65 €85 €270 +€185 +218.0%
Profit (loss) for the period before taxes 9903 -€4,370 -€11,157 -€6,787 -155.3%
Income taxes 67/77 - €86 +€86
Profit (loss) for the period 9904 -€4,370 -€11,242 -€6,872 -157.3%
Profit (loss) for the period to be appropriated 9905 -€4,370 -€11,242 -€6,872 -157.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.