SWILDENS MANAGEMENT: what changed
Two financial 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.
SWILDENS MANAGEMENT
Largest movements
- Tangible fixed assets -€96,607
down €96,607 (-86.7%), from €111,394 to €14,787
of which Land and buildings: -€95,121
- Cash -€4,444
down €4,444 (-51.7%), from €8,589 to €4,145
mainly Debts after one year (-€80,628) and Current portion of long-term debt (-€7,952)
- Receivables within one year +€3,519
new in 2024: €3,519
- Debts after one year -€80,628
no longer reported in 2024 (was €80,628)
- Current portion of long-term debt -€7,952
no longer reported in 2024 (was €7,952)
- Tax, wage and social debts -€3,107
down €3,107 (-33.8%), from €9,183 to €6,075
- Profit (loss) carried forward -€2,608
down €2,608 (-14.8%), from €17,582 to €14,974
- Trade debts -€2,547
down €2,547 (-86.9%), from €2,932 to €385
- Gross operating margin -€22,950
down €22,950 (-76.8%), from €29,883 to €6,933
- Taxes -€3,860
down €3,860 (-77.7%), from €4,967 to €1,108
- Financial charges -€1,815
down €1,815 (-74.1%), from €2,451 to €635
- Other operating charges -€1,041
down €1,041 (-51.9%), from €2,007 to €966
- Depreciation -€504
down €504 (-6.9%), from €7,336 to €6,832
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,983 | €22,951 | -€97,032 | -80.9% |
| Fixed assets | 21/28 | €111,394 | €14,787 | -€96,607 | -86.7% |
| Tangible fixed assets | 22/27 | €111,394 | €14,787 | -€96,607 | -86.7% |
| Land and buildings | 22 | €95,121 | - | -€95,121 | |
| Furniture and vehicles | 24 | €16,273 | €14,787 | -€1,486 | -9.1% |
| Current assets | 29/58 | €8,589 | €8,164 | -€425 | -4.9% |
| Amounts receivable after more than one year | 29 | - | €500 | +€500 | |
| Trade receivables | 290 | - | €500 | +€500 | |
| Amounts receivable within one year | 40/41 | - | €3,519 | +€3,519 | |
| Other amounts receivable | 41 | - | €3,519 | +€3,519 | |
| Cash at bank and in hand | 54/58 | €8,589 | €4,145 | -€4,444 | -51.7% |
| Total equity and liabilities | 10/49 | €119,983 | €22,951 | -€97,032 | -80.9% |
| Equity | 10/15 | €19,082 | €16,474 | -€2,608 | -13.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,582 | €14,974 | -€2,608 | -14.8% |
| Amounts payable | 17/49 | €100,901 | €6,476 | -€94,424 | -93.6% |
| Amounts payable after more than one year | 17 | €80,628 | - | -€80,628 | |
| Financial debts | 170/4 | €80,628 | - | -€80,628 | |
| Amounts payable within one year | 42/48 | €20,272 | €6,476 | -€13,796 | -68.1% |
| Current portion of amounts payable after more than one year | 42 | €7,952 | - | -€7,952 | |
| Trade debts | 44 | €2,932 | €385 | -€2,547 | -86.9% |
| Suppliers | 440/4 | €2,932 | €385 | -€2,547 | -86.9% |
| Taxes, remuneration and social security | 45 | €9,183 | €6,075 | -€3,107 | -33.8% |
| Taxes | 450/3 | €9,183 | €6,075 | -€3,107 | -33.8% |
| Other amounts payable | 47/48 | €206 | €16 | -€190 | -92.3% |
| Non-recurring operating income | 76A | - | €21,772 | +€21,772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,336 | €6,832 | -€504 | -6.9% |
| Other operating charges | 640/8 | €2,007 | €966 | -€1,041 | -51.9% |
| Gross operating margin | 9900 | €29,883 | €6,933 | -€22,950 | -76.8% |
| Operating profit (loss) | 9901 | €20,540 | -€864 | -€21,404 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,451 | €635 | -€1,815 | -74.1% |
| Recurring financial charges | 65 | €2,451 | €635 | -€1,815 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €18,089 | -€1,500 | -€19,589 | |
| Income taxes | 67/77 | €4,967 | €1,108 | -€3,860 | -77.7% |
| Profit (loss) for the period | 9904 | €13,122 | -€2,608 | -€15,729 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,122 | -€2,608 | -€15,729 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.