SWIFT AGENCY: what changed
What changed
SWIFT AGENCY
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€67,544
2024 · €1,844+€65,701
Equity
€173,977
2024 · €106,432+€67,544
Cash
€24,133
2024 · €20,757+€3,376
Balance sheet total
€349,641
2024 · €430,475-€80,835
Largest movements
Assets
- Receivables within one year -€62,283
down €62,283 (-43.1%), from €144,418 to €82,134
of which Trade receivables: -€53,759
- Tangible fixed assets -€21,698
down €21,698 (-8.2%), from €264,177 to €242,479
of which Land and buildings: -€10,855
Equity and liabilities
- Trade debts -€96,701
down €96,701 (-72.1%), from €134,135 to €37,433
- Reserves +€67,544
up €67,544 (+64.1%), from €105,432 to €172,977
- Debts after one year -€31,648
down €31,648 (-24.6%), from €128,575 to €96,927
- Tax, wage and social debts -€24,518
down €24,518 (-92.5%), from €26,508 to €1,990
Income statement
- Gross operating margin +€83,802
up €83,802 (+34.3%), from €244,396 to €328,198
- Taxes +€21,474
up €21,474 (+723%), from €2,970 to €24,444
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,844
Gross operating margin
+€83,802
Staff costs
+€923
Depreciation
+€1,841
Other operating charges
+€99
Financial income
+€69
Financial charges
+€439
Taxes
-€21,474
Result 2025
€67,544
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€34,661
Investment
-€2,338
Financing
-€28,947
Cash 2024
€20,757
From operations (derived)
+€34,661
Net result for the year
+€67,544
Depreciation
+€24,035
Receivables within one year
+€62,283
Deferred charges and accrued income
+€230
Trade debts
-€96,701
Tax, wage and social debts
-€24,518
Other debts
+€1,787
Investment (derived)
-€2,338
Investment in fixed assets (net)
-€2,338
Financing
-€28,947
Debts after one year
-€31,648
Current portion of long-term debt
+€2,701
Cash 2025
€24,133
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €430,475 | €349,641 | -€80,835 | -18.8% |
| Fixed assets | 21/28 | €264,177 | €242,479 | -€21,698 | -8.2% |
| Tangible fixed assets | 22/27 | €264,177 | €242,479 | -€21,698 | -8.2% |
| Land and buildings | 22 | €229,369 | €218,513 | -€10,855 | -4.7% |
| Plant, machinery and equipment | 23 | €9,567 | €6,392 | -€3,175 | -33.2% |
| Furniture and vehicles | 24 | €25,241 | €17,573 | -€7,668 | -30.4% |
| Current assets | 29/58 | €166,299 | €107,162 | -€59,137 | -35.6% |
| Amounts receivable within one year | 40/41 | €144,418 | €82,134 | -€62,283 | -43.1% |
| Trade receivables | 40 | €130,159 | €76,400 | -€53,759 | -41.3% |
| Other amounts receivable | 41 | €14,259 | €5,735 | -€8,525 | -59.8% |
| Cash at bank and in hand | 54/58 | €20,757 | €24,133 | +€3,376 | +16.3% |
| Deferred charges and accrued income | 490/1 | €1,124 | €895 | -€230 | -20.4% |
| Total equity and liabilities | 10/49 | €430,475 | €349,641 | -€80,835 | -18.8% |
| Equity | 10/15 | €106,432 | €173,977 | +€67,544 | +63.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €105,432 | €172,977 | +€67,544 | +64.1% |
| Distributable reserves | 133 | €105,432 | €172,977 | +€67,544 | +64.1% |
| Amounts payable | 17/49 | €324,043 | €175,664 | -€148,379 | -45.8% |
| Amounts payable after more than one year | 17 | €128,575 | €96,927 | -€31,648 | -24.6% |
| Financial debts | 170/4 | €128,575 | €96,927 | -€31,648 | -24.6% |
| Amounts payable within one year | 42/48 | €195,468 | €78,737 | -€116,731 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €30,844 | €33,545 | +€2,701 | +8.8% |
| Trade debts | 44 | €134,135 | €37,433 | -€96,701 | -72.1% |
| Suppliers | 440/4 | €134,135 | €37,433 | -€96,701 | -72.1% |
| Taxes, remuneration and social security | 45 | €26,508 | €1,990 | -€24,518 | -92.5% |
| Taxes | 450/3 | €26,508 | €1,990 | -€24,518 | -92.5% |
| Other amounts payable | 47/48 | €3,981 | €5,768 | +€1,787 | +44.9% |
| Remuneration, social security and pensions | 62 | €206,417 | €205,494 | -€923 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,876 | €24,035 | -€1,841 | -7.1% |
| Other operating charges | 640/8 | €2,699 | €2,600 | -€99 | -3.7% |
| Gross operating margin | 9900 | €244,396 | €328,198 | +€83,802 | +34.3% |
| Operating profit (loss) | 9901 | €9,403 | €96,069 | +€86,666 | +922% |
| Financial income | 75/76B | €305 | €374 | +€69 | +22.7% |
| Recurring financial income | 75 | €305 | €374 | +€69 | +22.7% |
| Financial charges | 65/66B | €4,894 | €4,454 | -€439 | -9.0% |
| Recurring financial charges | 65 | €4,894 | €4,454 | -€439 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €4,814 | €91,988 | +€87,174 | +1,811% |
| Income taxes | 67/77 | €2,970 | €24,444 | +€21,474 | +723% |
| Profit (loss) for the period | 9904 | €1,844 | €67,544 | +€65,701 | +3,563% |
| Profit (loss) for the period to be appropriated | 9905 | €1,844 | €67,544 | +€65,701 | +3,563% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.