SWING: 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.
SWING
Largest movements
- Cash -€6,401
no longer reported in 2024 (was €6,401)
mainly Other debts (-€6,400) and Net result for the year (-€1,951)
- Other debts -€6,400
down €6,400 (-17.6%), from €36,371 to €29,971
- Profit (loss) carried forward -€1,951
down €1,951 (-0.5%), from -€393,725 to -€395,676
- Trade debts +€1,951
up €1,951 (+4.4%), from €44,745 to €46,696
- Gross operating margin +€1,500
up €1,500 (+50.0%), from -€3,000 to -€1,500
- Financial charges -€1,198
down €1,198 (-100.0%), from €1,198 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,448 | €64,048 | -€6,401 | -9.1% |
| Current assets | 29/58 | €70,448 | €64,048 | -€6,401 | -9.1% |
| Amounts receivable within one year | 40/41 | €64,048 | €64,048 | = | 0.0% |
| Trade receivables | 40 | €58,287 | €58,287 | = | 0.0% |
| Other amounts receivable | 41 | €5,761 | €5,761 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,401 | - | -€6,401 | |
| Total equity and liabilities | 10/49 | €70,448 | €64,048 | -€6,401 | -9.1% |
| Equity | 10/15 | -€10,668 | -€12,619 | -€1,951 | -18.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €376,859 | €376,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€393,725 | -€395,676 | -€1,951 | -0.5% |
| Amounts payable | 17/49 | €81,116 | €76,667 | -€4,449 | -5.5% |
| Amounts payable within one year | 42/48 | €81,116 | €76,667 | -€4,449 | -5.5% |
| Trade debts | 44 | €44,745 | €46,696 | +€1,951 | +4.4% |
| Suppliers | 440/4 | €44,745 | €46,696 | +€1,951 | +4.4% |
| Other amounts payable | 47/48 | €36,371 | €29,971 | -€6,400 | -17.6% |
| Other operating charges | 640/8 | €448 | €451 | +€3 | +0.7% |
| Gross operating margin | 9900 | -€3,000 | -€1,500 | +€1,500 | +50.0% |
| Operating profit (loss) | 9901 | -€3,448 | -€1,951 | +€1,497 | +43.4% |
| Financial charges | 65/66B | €1,198 | €0 | -€1,198 | -100.0% |
| Recurring financial charges | 65 | €1,198 | €0 | -€1,198 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,646 | -€1,951 | +€2,695 | +58.0% |
| Profit (loss) for the period | 9904 | -€4,646 | -€1,951 | +€2,695 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,646 | -€1,951 | +€2,695 | +58.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.