SWIM AT HOME: what changed
What changed
SWIM AT HOME
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€53,825
2024 · €26,196+€27,629
Equity
€89,584
2024 · €35,759+€53,825
Cash
€63,334
2024 · €34,178+€29,156
Balance sheet total
€194,661
2024 · €112,229+€82,432
Largest movements
Assets
- Cash +€29,156
up €29,156 (+85.3%), from €34,178 to €63,334
mainly Net result for the year (+€53,825) and Trade debts (+€25,895)
- Tangible fixed assets +€27,792
up €27,792 (+62.5%), from €44,460 to €72,252
of which Other tangible fixed assets: +€17,691
- Receivables within one year +€26,149
up €26,149 (+98.3%), from €26,599 to €52,747
of which Trade receivables: +€14,749
Equity and liabilities
- Reserves +€53,825
up €53,825 (+175%), from €30,759 to €84,584
- Trade debts +€25,895
up €25,895 (+65.0%), from €39,861 to €65,756
- Tax, wage and social debts +€23,332
up €23,332 (+237%), from €9,849 to €33,181
- Other debts -€9,106
down €9,106 (-92.6%), from €9,831 to €725
- Current portion of long-term debt -€6,463
down €6,463 (-55.3%), from €11,696 to €5,233
Income statement
- Gross operating margin +€41,066
up €41,066 (+88.4%), from €46,460 to €87,526
- Taxes +€17,767
up €17,767 (+533%), from €3,335 to €21,102
- Depreciation +€5,825
up €5,825 (+114%), from €5,108 to €10,933
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
€26,196
Gross operating margin
+€41,066
Depreciation
-€5,825
Write-downs
-€732
Other operating charges
+€457
Other operating items
+€10,025
Financial income
+€35
Financial charges
+€369
Taxes
-€17,767
Result 2025
€53,825
raises the resultlowers the resultnot broken down further in the accounts
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
+€79,577
Investment
-€38,725
Financing
-€11,696
Cash 2024
€34,178
From operations (derived)
+€79,577
Net result for the year
+€53,825
Depreciation
+€10,933
Stocks and contracts
+€82
Receivables within one year
-€26,149
Deferred charges and accrued income
+€583
Trade debts
+€25,895
Tax, wage and social debts
+€23,332
Other debts
-€9,106
Accrued charges and deferred income
+€182
Investment (derived)
-€38,725
Investment in fixed assets (net)
-€38,725
Financing
-€11,696
Debts after one year
-€5,233
Current portion of long-term debt
-€6,463
Cash 2025
€63,334
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,229 | €194,661 | +€82,432 | +73.4% |
| Fixed assets | 21/28 | €44,460 | €72,252 | +€27,792 | +62.5% |
| Tangible fixed assets | 22/27 | €44,460 | €72,252 | +€27,792 | +62.5% |
| Plant, machinery and equipment | 23 | €984 | €667 | -€317 | -32.2% |
| Furniture and vehicles | 24 | €15,429 | €25,848 | +€10,418 | +67.5% |
| Other tangible fixed assets | 26 | €28,047 | €45,737 | +€17,691 | +63.1% |
| Current assets | 29/58 | €67,769 | €122,408 | +€54,640 | +80.6% |
| Stocks and contracts in progress | 3 | €3,716 | €3,634 | -€82 | -2.2% |
| Stocks | 30/36 | €3,716 | €3,634 | -€82 | -2.2% |
| Amounts receivable within one year | 40/41 | €26,599 | €52,747 | +€26,149 | +98.3% |
| Trade receivables | 40 | €16,934 | €31,682 | +€14,749 | +87.1% |
| Other amounts receivable | 41 | €9,665 | €21,065 | +€11,400 | +118% |
| Cash at bank and in hand | 54/58 | €34,178 | €63,334 | +€29,156 | +85.3% |
| Deferred charges and accrued income | 490/1 | €3,276 | €2,693 | -€583 | -17.8% |
| Total equity and liabilities | 10/49 | €112,229 | €194,661 | +€82,432 | +73.4% |
| Equity | 10/15 | €35,759 | €89,584 | +€53,825 | +151% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,759 | €84,584 | +€53,825 | +175% |
| Distributable reserves | 133 | €30,759 | €84,584 | +€53,825 | +175% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,469 | €105,076 | +€28,607 | +37.4% |
| Amounts payable after more than one year | 17 | €5,233 | €0 | -€5,233 | -100% |
| Financial debts | 170/4 | €5,233 | €0 | -€5,233 | -100% |
| Amounts payable within one year | 42/48 | €71,236 | €104,895 | +€33,659 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €11,696 | €5,233 | -€6,463 | -55.3% |
| Trade debts | 44 | €39,861 | €65,756 | +€25,895 | +65.0% |
| Suppliers | 440/4 | €39,861 | €65,756 | +€25,895 | +65.0% |
| Taxes, remuneration and social security | 45 | €9,849 | €33,181 | +€23,332 | +237% |
| Taxes | 450/3 | €9,849 | €33,181 | +€23,332 | +237% |
| Other amounts payable | 47/48 | €9,831 | €725 | -€9,106 | -92.6% |
| Accrued charges and deferred income | 492/3 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,108 | €10,933 | +€5,825 | +114% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€732 | €0 | +€732 | |
| Other operating charges | 640/8 | €1,690 | €1,233 | -€457 | -27.0% |
| Non-recurring operating charges | 66A | €10,025 | €0 | -€10,025 | -100% |
| Gross operating margin | 9900 | €46,460 | €87,526 | +€41,066 | +88.4% |
| Operating profit (loss) | 9901 | €30,369 | €75,360 | +€44,991 | +148% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €837 | €468 | -€369 | -44.1% |
| Recurring financial charges | 65 | €837 | €468 | -€369 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €29,532 | €74,927 | +€45,395 | +154% |
| Income taxes | 67/77 | €3,335 | €21,102 | +€17,767 | +533% |
| Profit (loss) for the period | 9904 | €26,196 | €53,825 | +€27,629 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €26,196 | €53,825 | +€27,629 | +105% |
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 4 November 2026 via checked.be.