SWILLEN Jan: what changed
What changed
SWILLEN Jan
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€5,809
2024 · €5,272+€536
Equity
€135,174
2024 · €129,366+€5,809
Cash
€1,666
2024 · -+€1,666
Balance sheet total
€199,108
2024 · €202,403-€3,295
Largest movements
Assets
- Receivables within one year -€3,938
down €3,938 (-20.4%), from €19,292 to €15,354
of which Trade receivables: -€7,396
Equity and liabilities
- Short-term financial debts -€9,147
down €9,147 (-100%), from €9,147 to €0
- Reserves +€5,809
up €5,809 (+5.0%), from €116,966 to €122,774
- Trade debts +€2,917
up €2,917 (+189%), from €1,543 to €4,460
- Debts after one year -€2,657
down €2,657 (-17.8%), from €14,926 to €12,269
Income statement
- Gross operating margin +€2,253
up €2,253 (+29.9%), from €7,530 to €9,783
- Write-downs +€1,238
new in 2025: €1,238
- Depreciation +€598
up €598 (+158%), from €377 to €975
- Financial charges -€173
down €173 (-12.7%), from €1,363 to €1,191
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
€5,272
Gross operating margin
+€2,253
Depreciation
-€598
Write-downs
-€1,238
Other operating charges
-€54
Financial charges
+€173
Result 2025
€5,809
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
+€13,427
Investment
€0
Financing
-€11,760
Cash 2024
€0
From operations (derived)
+€13,427
Net result for the year
+€5,809
Depreciation
+€975
Receivables within one year
+€3,938
Deferred charges and accrued income
+€48
Trade debts
+€2,917
Tax, wage and social debts
-€20
Other debts
-€240
Financing
-€11,760
Debts after one year
-€2,657
Current portion of long-term debt
+€43
Short-term financial debts
-€9,147
Cash 2025
€1,666
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,403 | €199,108 | -€3,295 | -1.6% |
| Fixed assets | 21/28 | €182,572 | €181,597 | -€975 | -0.5% |
| Tangible fixed assets | 22/27 | €182,572 | €181,597 | -€975 | -0.5% |
| Land and buildings | 22 | €180,760 | €180,760 | = | 0.0% |
| Furniture and vehicles | 24 | €1,812 | €837 | -€975 | -53.8% |
| Current assets | 29/58 | €19,831 | €17,511 | -€2,320 | -11.7% |
| Amounts receivable within one year | 40/41 | €19,292 | €15,354 | -€3,938 | -20.4% |
| Trade receivables | 40 | €17,254 | €9,858 | -€7,396 | -42.9% |
| Other amounts receivable | 41 | €2,038 | €5,496 | +€3,458 | +170% |
| Cash at bank and in hand | 54/58 | - | €1,666 | +€1,666 | |
| Deferred charges and accrued income | 490/1 | €539 | €491 | -€48 | -8.9% |
| Total equity and liabilities | 10/49 | €202,403 | €199,108 | -€3,295 | -1.6% |
| Equity | 10/15 | €129,366 | €135,174 | +€5,809 | +4.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €116,966 | €122,774 | +€5,809 | +5.0% |
| Distributable reserves | 133 | €116,966 | €122,774 | +€5,809 | +5.0% |
| Amounts payable | 17/49 | €73,037 | €63,934 | -€9,103 | -12.5% |
| Amounts payable after more than one year | 17 | €14,926 | €12,269 | -€2,657 | -17.8% |
| Financial debts | 170/4 | €14,926 | €12,269 | -€2,657 | -17.8% |
| Amounts payable within one year | 42/48 | €58,112 | €51,665 | -€6,447 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €2,614 | €2,657 | +€43 | +1.7% |
| Financial debts | 43 | €9,147 | €0 | -€9,147 | -100% |
| Credit institutions | 430/8 | €9,147 | €0 | -€9,147 | -100% |
| Trade debts | 44 | €1,543 | €4,460 | +€2,917 | +189% |
| Suppliers | 440/4 | €1,543 | €4,460 | +€2,917 | +189% |
| Taxes, remuneration and social security | 45 | €20 | €0 | -€20 | -100% |
| Taxes | 450/3 | €20 | €0 | -€20 | -100% |
| Other amounts payable | 47/48 | €44,788 | €44,548 | -€240 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €975 | +€598 | +158% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,238 | +€1,238 | |
| Other operating charges | 640/8 | €517 | €571 | +€54 | +10.4% |
| Gross operating margin | 9900 | €7,530 | €9,783 | +€2,253 | +29.9% |
| Operating profit (loss) | 9901 | €6,635 | €6,999 | +€364 | +5.5% |
| Financial charges | 65/66B | €1,363 | €1,191 | -€173 | -12.7% |
| Recurring financial charges | 65 | €1,363 | €1,191 | -€173 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €5,272 | €5,809 | +€536 | +10.2% |
| Profit (loss) for the period | 9904 | €5,272 | €5,809 | +€536 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,272 | €5,809 | +€536 | +10.2% |
Next steps
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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 7 November 2026 via checked.be.