SWIGHT: 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.
SWIGHT
Largest movements
- Tangible fixed assets -€11,571
down €11,571 (-4.9%), from €234,855 to €223,283
of which Land and buildings: -€10,784
- Debts after one year -€13,647
down €13,647 (-7.6%), from €179,038 to €165,391
- Reserves -€12,894
down €12,894 (-45.2%), from €28,500 to €15,606
of which Distributable reserves: -€12,894
- Profit (loss) carried forward +€9,469
up €9,469, from -€9,469 to €0
- Trade debts +€6,697
new in 2025: €6,697
- Other debts +€5,943
up €5,943 (+78.7%), from €7,553 to €13,496
- Other operating charges -€17,384
down €17,384 (-57.0%), from €30,476 to €13,092
- Gross operating margin +€15,643
up €15,643 (+30.6%), from €51,110 to €66,753
- Taxes +€4,500
up €4,500 (+53.3%), from €8,436 to €12,936
- Financial charges +€1,982
up €1,982 (+50.0%), from €3,962 to €5,945
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 | €266,283 | €256,643 | -€9,640 | -3.6% |
| Fixed assets | 21/28 | €234,855 | €223,283 | -€11,571 | -4.9% |
| Tangible fixed assets | 22/27 | €234,855 | €223,283 | -€11,571 | -4.9% |
| Land and buildings | 22 | €233,127 | €222,343 | -€10,784 | -4.6% |
| Furniture and vehicles | 24 | €1,728 | €940 | -€788 | -45.6% |
| Current assets | 29/58 | €31,429 | €33,360 | +€1,931 | +6.1% |
| Amounts receivable within one year | 40/41 | €8,881 | €7,429 | -€1,452 | -16.4% |
| Trade receivables | 40 | €4,477 | €7,429 | +€2,952 | +65.9% |
| Other amounts receivable | 41 | €4,404 | €0 | -€4,404 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,512 | €21,487 | +€975 | +4.8% |
| Deferred charges and accrued income | 490/1 | €2,035 | €4,444 | +€2,409 | +118.3% |
| Total equity and liabilities | 10/49 | €266,283 | €256,643 | -€9,640 | -3.6% |
| Equity | 10/15 | €31,431 | €28,006 | -€3,425 | -10.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,500 | €15,606 | -€12,894 | -45.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,640 | €13,746 | -€12,894 | -48.4% |
| Profit (loss) carried forward | 14 | -€9,469 | €0 | +€9,469 | |
| Amounts payable | 17/49 | €234,853 | €228,638 | -€6,215 | -2.6% |
| Amounts payable after more than one year | 17 | €179,038 | €165,391 | -€13,647 | -7.6% |
| Financial debts | 170/4 | €179,038 | €165,391 | -€13,647 | -7.6% |
| Amounts payable within one year | 42/48 | €55,815 | €63,247 | +€7,432 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €13,394 | €13,647 | +€253 | +1.9% |
| Trade debts | 44 | - | €6,697 | +€6,697 | |
| Suppliers | 440/4 | - | €6,697 | +€6,697 | |
| Taxes, remuneration and social security | 45 | €34,868 | €29,406 | -€5,462 | -15.7% |
| Taxes | 450/3 | €34,868 | €27,641 | -€7,227 | -20.7% |
| Remuneration and social security | 454/9 | €0 | €1,766 | +€1,766 | |
| Other amounts payable | 47/48 | €7,553 | €13,496 | +€5,943 | +78.7% |
| Non-recurring operating income | 76A | - | €8,391 | +€8,391 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,657 | €11,571 | -€85 | -0.7% |
| Other operating charges | 640/8 | €30,476 | €13,092 | -€17,384 | -57.0% |
| Gross operating margin | 9900 | €51,110 | €66,753 | +€15,643 | +30.6% |
| Operating profit (loss) | 9901 | €8,978 | €42,090 | +€33,112 | +368.8% |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €3,962 | €5,945 | +€1,982 | +50.0% |
| Recurring financial charges | 65 | €3,962 | €5,945 | +€1,982 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €5,015 | €36,151 | +€31,135 | +620.8% |
| Income taxes | 67/77 | €8,436 | €12,936 | +€4,500 | +53.3% |
| Profit (loss) for the period | 9904 | -€3,420 | €23,215 | +€26,635 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,420 | €23,215 | +€26,635 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.