SWIMOVE: 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.
SWIMOVE
Largest movements
- Cash +€49,287
up €49,287 (+50.0%), from €98,572 to €147,860
mainly Receivables after one year (+€34,414) and Deferred charges and accrued income (+€30,804)
- Receivables after one year -€34,414
down €34,414 (-8.1%), from €424,354 to €389,940
- Deferred charges and accrued income -€30,804
down €30,804 (-7.6%), from €404,965 to €374,161
- Debts after one year -€34,414
down €34,414 (-8.1%), from €424,354 to €389,940
- Trade debts +€18,059
up €18,059 (+125%), from €14,460 to €32,519
- Gross operating margin +€5,509
up €5,509 (+156%), from €3,539 to €9,048
- Staff costs -€4,416
down €4,416 (-33.2%), from €13,304 to €8,889
- Financial income -€491
down €491 (-7.1%), from €6,945 to €6,455
- Financial charges -€428
down €428 (-6.0%), from €7,179 to €6,751
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 | €995,233 | €980,916 | -€14,317 | -1.4% |
| Current assets | 29/58 | €995,233 | €980,916 | -€14,317 | -1.4% |
| Amounts receivable after more than one year | 29 | €424,354 | €389,940 | -€34,414 | -8.1% |
| Other amounts receivable | 291 | €424,354 | €389,940 | -€34,414 | -8.1% |
| Amounts receivable within one year | 40/41 | €67,342 | €68,956 | +€1,614 | +2.4% |
| Trade receivables | 40 | - | €625 | +€625 | |
| Other amounts receivable | 41 | €67,342 | €68,330 | +€988 | +1.5% |
| Cash at bank and in hand | 54/58 | €98,572 | €147,860 | +€49,287 | +50.0% |
| Deferred charges and accrued income | 490/1 | €404,965 | €374,161 | -€30,804 | -7.6% |
| Total equity and liabilities | 10/49 | €995,233 | €980,916 | -€14,317 | -1.4% |
| Equity | 10/15 | €482,132 | €480,997 | -€1,135 | -0.2% |
| Contributions | 10/11 | €630,790 | €630,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,658 | -€149,793 | -€1,135 | -0.8% |
| Amounts payable | 17/49 | €513,101 | €499,919 | -€13,183 | -2.6% |
| Amounts payable after more than one year | 17 | €424,354 | €389,940 | -€34,414 | -8.1% |
| Financial debts | 170/4 | €424,354 | €389,940 | -€34,414 | -8.1% |
| Amounts payable within one year | 42/48 | €81,802 | €100,850 | +€19,048 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €67,342 | €68,330 | +€988 | +1.5% |
| Trade debts | 44 | €14,460 | €32,519 | +€18,059 | +125% |
| Suppliers | 440/4 | €14,460 | €32,519 | +€18,059 | +125% |
| Accrued charges and deferred income | 492/3 | €6,945 | €9,129 | +€2,184 | +31.4% |
| Remuneration, social security and pensions | 62 | €13,304 | €8,889 | -€4,416 | -33.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €3,539 | €9,048 | +€5,509 | +156% |
| Operating profit (loss) | 9901 | -€10,732 | -€839 | +€9,893 | +92.2% |
| Financial income | 75/76B | €6,945 | €6,455 | -€491 | -7.1% |
| Recurring financial income | 75 | €6,945 | €6,455 | -€491 | -7.1% |
| Financial charges | 65/66B | €7,179 | €6,751 | -€428 | -6.0% |
| Recurring financial charges | 65 | €7,179 | €6,751 | -€428 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,966 | -€1,135 | +€9,831 | +89.7% |
| Profit (loss) for the period | 9904 | -€10,966 | -€1,135 | +€9,831 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,966 | -€1,135 | +€9,831 | +89.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.