SWIM IT: 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.
SWIM IT
Largest movements
- Cash -€10,398
down €10,398 (-90.8%), from €11,456 to €1,058
mainly Net result for the year (-€10,419) and Debts after one year (-€5,078)
- Intangible fixed assets -€1,854
down €1,854 (-23.7%), from €7,827 to €5,973
- Profit (loss) carried forward -€10,419
down €10,419 (-119%), from -€8,769 to -€19,188
- Debts after one year -€5,078
down €5,078 (-59.0%), from €8,603 to €3,525
- Trade debts +€2,359
up €2,359 (+865%), from €273 to €2,632
- Tax, wage and social debts +€516
new in 2025: €516
- Current portion of long-term debt +€242
up €242 (+5.0%), from €4,836 to €5,078
- Gross operating margin -€1,210
down €1,210 (-18.5%), from -€6,539 to -€7,749
- Depreciation +€416
up €416 (+26.7%), from €1,560 to €1,976
- Financial charges +€352
up €352 (+119%), from €295 to €647
- Other operating charges -€311
down €311 (-83.0%), from €375 to €64
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.
Derived cash bridge
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 | €19,943 | €7,564 | -€12,380 | -62.1% |
| Fixed assets | 21/28 | €8,321 | €6,345 | -€1,976 | -23.7% |
| Intangible fixed assets | 21 | €7,827 | €5,973 | -€1,854 | -23.7% |
| Tangible fixed assets | 22/27 | €495 | €372 | -€123 | -24.8% |
| Furniture and vehicles | 24 | €495 | €372 | -€123 | -24.8% |
| Current assets | 29/58 | €11,622 | €1,219 | -€10,403 | -89.5% |
| Amounts receivable within one year | 40/41 | €166 | €161 | -€5 | -3.0% |
| Trade receivables | 40 | - | €65 | +€65 | |
| Other amounts receivable | 41 | €166 | €95 | -€70 | -42.5% |
| Cash at bank and in hand | 54/58 | €11,456 | €1,058 | -€10,398 | -90.8% |
| Total equity and liabilities | 10/49 | €19,943 | €7,564 | -€12,380 | -62.1% |
| Equity | 10/15 | -€3,769 | -€14,188 | -€10,419 | -276% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,769 | -€19,188 | -€10,419 | -119% |
| Amounts payable | 17/49 | €23,712 | €21,751 | -€1,961 | -8.3% |
| Amounts payable after more than one year | 17 | €8,603 | €3,525 | -€5,078 | -59.0% |
| Financial debts | 170/4 | €8,603 | €3,525 | -€5,078 | -59.0% |
| Amounts payable within one year | 42/48 | €15,109 | €18,226 | +€3,117 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €4,836 | €5,078 | +€242 | +5.0% |
| Trade debts | 44 | €273 | €2,632 | +€2,359 | +865% |
| Suppliers | 440/4 | €273 | €2,632 | +€2,359 | +865% |
| Taxes, remuneration and social security | 45 | - | €516 | +€516 | |
| Taxes | 450/3 | - | €516 | +€516 | |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,560 | €1,976 | +€416 | +26.7% |
| Other operating charges | 640/8 | €375 | €64 | -€311 | -83.0% |
| Gross operating margin | 9900 | -€6,539 | -€7,749 | -€1,210 | -18.5% |
| Operating profit (loss) | 9901 | -€8,474 | -€9,789 | -€1,315 | -15.5% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €295 | €647 | +€352 | +119% |
| Recurring financial charges | 65 | €295 | €647 | +€352 | +119% |
| Profit (loss) for the period before taxes | 9903 | -€8,769 | -€10,419 | -€1,649 | -18.8% |
| Profit (loss) for the period | 9904 | -€8,769 | -€10,419 | -€1,649 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,769 | -€10,419 | -€1,649 | -18.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.