SWImmo Eupen: 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.
SWImmo Eupen
Largest movements
- Receivables within one year +€69,355
up €69,355 (+28.1%), from €246,534 to €315,888
of which Other amounts receivable: +€65,987
- Cash +€20,519
up €20,519 (+69.6%), from €29,481 to €50,000
mainly Net result for the year (+€65,381) and Depreciation (+€20,080)
- Tangible fixed assets -€20,080
down €20,080 (-1.5%), from €1.3m to €1.3m
- Profit (loss) carried forward +€65,381
up €65,381 (+30.1%), from €217,007 to €282,388
- Revaluation surpluses -€20,080
down €20,080 (-1.5%), from €1.3m to €1.3m
- Reserves +€20,080
up €20,080 (+50.0%), from €40,160 to €60,240
- Other operating charges +€4,697
up €4,697 (+37.7%), from €12,457 to €17,154
- Taxes +€4,498
up €4,498 (+18.8%), from €23,989 to €28,487
- Financial income +€2,233
up €2,233 (+24.4%), from €9,136 to €11,368
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 | €1,621,854 | €1,691,648 | +€69,794 | +4.3% |
| Fixed assets | 21/28 | €1,345,840 | €1,325,760 | -€20,080 | -1.5% |
| Tangible fixed assets | 22/27 | €1,345,840 | €1,325,760 | -€20,080 | -1.5% |
| Land and buildings | 22 | €1,345,840 | €1,325,760 | -€20,080 | -1.5% |
| Current assets | 29/58 | €276,014 | €365,888 | +€89,874 | +32.6% |
| Amounts receivable within one year | 40/41 | €246,534 | €315,888 | +€69,355 | +28.1% |
| Trade receivables | 40 | €19,306 | €22,673 | +€3,367 | +17.4% |
| Other amounts receivable | 41 | €227,228 | €293,215 | +€65,987 | +29.0% |
| Cash at bank and in hand | 54/58 | €29,481 | €50,000 | +€20,519 | +69.6% |
| Total equity and liabilities | 10/49 | €1,621,854 | €1,691,648 | +€69,794 | +4.3% |
| Equity | 10/15 | €1,619,986 | €1,685,367 | +€65,381 | +4.0% |
| Contributions | 10/11 | €16,979 | €16,979 | = | 0.0% |
| Revaluation surpluses | 12 | €1,345,840 | €1,325,760 | -€20,080 | -1.5% |
| Reserves | 13 | €40,160 | €60,240 | +€20,080 | +50.0% |
| Distributable reserves | 133 | €40,160 | €60,240 | +€20,080 | +50.0% |
| Profit (loss) carried forward | 14 | €217,007 | €282,388 | +€65,381 | +30.1% |
| Amounts payable | 17/49 | €1,868 | €6,281 | +€4,413 | +236.2% |
| Amounts payable within one year | 42/48 | €934 | - | -€934 | |
| Trade debts | 44 | €934 | - | -€934 | |
| Suppliers | 440/4 | €934 | - | -€934 | |
| Accrued charges and deferred income | 492/3 | €934 | €6,281 | +€5,347 | +572.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,080 | €20,080 | = | 0.0% |
| Other operating charges | 640/8 | €12,457 | €17,154 | +€4,697 | +37.7% |
| Gross operating margin | 9900 | €120,389 | €120,663 | +€274 | +0.2% |
| Operating profit (loss) | 9901 | €87,852 | €83,429 | -€4,423 | -5.0% |
| Financial income | 75/76B | €9,136 | €11,368 | +€2,233 | +24.4% |
| Recurring financial income | 75 | €9,136 | €11,368 | +€2,233 | +24.4% |
| Financial charges | 65/66B | €925 | €930 | +€5 | +0.5% |
| Recurring financial charges | 65 | €925 | €930 | +€5 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €96,062 | €93,868 | -€2,195 | -2.3% |
| Income taxes | 67/77 | €23,989 | €28,487 | +€4,498 | +18.8% |
| Profit (loss) for the period | 9904 | €72,073 | €65,381 | -€6,693 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,073 | €65,381 | -€6,693 | -9.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.