SWING COMPANY: 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 COMPANY
Largest movements
- Cash +€18,477
up €18,477 (+479%), from €3,856 to €22,333
mainly Debts after one year (+€43,925) and Net result for the year (+€14,217)
- Receivables within one year +€8,399
up €8,399 (+7.4%), from €113,561 to €121,961
of which Trade receivables: +€4,250
- Tangible fixed assets -€7,532
down €7,532 (-5.0%), from €150,825 to €143,293
of which Land and buildings: -€10,013
- Debts after one year +€43,925
up €43,925 (+51.4%), from €85,468 to €129,393
- Short-term financial debts -€42,918
down €42,918 (-93.6%), from €45,847 to €2,929
- Reserves +€14,217
up €14,217 (+22.2%), from €64,011 to €78,229
of which Distributable reserves: +€14,217
- Current portion of long-term debt +€12,616
up €12,616 (+115%), from €10,948 to €23,564
- Other debts -€4,650
down €4,650 (-52.2%), from €8,900 to €4,250
- Gross operating margin +€6,921
up €6,921 (+18.2%), from €38,125 to €45,046
- Taxes +€5,392
up €5,392 (+98.7%), from €5,462 to €10,854
- Financial charges -€5,020
down €5,020 (-42.4%), from €11,850 to €6,830
- Other operating charges +€2,519
up €2,519 (+767%), from €328 to €2,847
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.
Derived cash bridge
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 | €303,866 | €323,211 | +€19,345 | +6.4% |
| Fixed assets | 21/28 | €150,825 | €143,293 | -€7,532 | -5.0% |
| Tangible fixed assets | 22/27 | €150,825 | €143,293 | -€7,532 | -5.0% |
| Land and buildings | 22 | €150,825 | €140,811 | -€10,013 | -6.6% |
| Furniture and vehicles | 24 | - | €2,482 | +€2,482 | |
| Current assets | 29/58 | €153,042 | €179,918 | +€26,876 | +17.6% |
| Stocks and contracts in progress | 3 | €34,206 | €34,206 | = | 0.0% |
| Stocks | 30/36 | €34,206 | €34,206 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,561 | €121,961 | +€8,399 | +7.4% |
| Trade receivables | 40 | €50,376 | €54,626 | +€4,250 | +8.4% |
| Other amounts receivable | 41 | €63,185 | €67,335 | +€4,149 | +6.6% |
| Cash at bank and in hand | 54/58 | €3,856 | €22,333 | +€18,477 | +479% |
| Deferred charges and accrued income | 490/1 | €1,419 | €1,419 | = | 0.0% |
| Total equity and liabilities | 10/49 | €303,866 | €323,211 | +€19,345 | +6.4% |
| Equity | 10/15 | €76,411 | €90,629 | +€14,217 | +18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,011 | €78,229 | +€14,217 | +22.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,151 | €76,369 | +€14,217 | +22.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €227,455 | €232,582 | +€5,127 | +2.3% |
| Amounts payable after more than one year | 17 | €85,468 | €129,393 | +€43,925 | +51.4% |
| Financial debts | 170/4 | €85,468 | €129,393 | +€43,925 | +51.4% |
| Amounts payable within one year | 42/48 | €141,987 | €103,189 | -€38,798 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €10,948 | €23,564 | +€12,616 | +115% |
| Financial debts | 43 | €45,847 | €2,929 | -€42,918 | -93.6% |
| Credit institutions | 430/8 | €45,847 | €2,929 | -€42,918 | -93.6% |
| Trade debts | 44 | €33,602 | €32,313 | -€1,289 | -3.8% |
| Suppliers | 440/4 | €33,602 | €32,313 | -€1,289 | -3.8% |
| Advances received on contracts in progress | 46 | €16,000 | €16,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,689 | €24,133 | -€2,556 | -9.6% |
| Taxes | 450/3 | €26,689 | €24,133 | -€2,556 | -9.6% |
| Other amounts payable | 47/48 | €8,900 | €4,250 | -€4,650 | -52.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,013 | €10,298 | +€285 | +2.8% |
| Other operating charges | 640/8 | €328 | €2,847 | +€2,519 | +767% |
| Gross operating margin | 9900 | €38,125 | €45,046 | +€6,921 | +18.2% |
| Operating profit (loss) | 9901 | €27,784 | €31,901 | +€4,117 | +14.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,850 | €6,830 | -€5,020 | -42.4% |
| Recurring financial charges | 65 | €11,850 | €6,830 | -€5,020 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €15,934 | €25,072 | +€9,138 | +57.3% |
| Income taxes | 67/77 | €5,462 | €10,854 | +€5,392 | +98.7% |
| Profit (loss) for the period | 9904 | €10,471 | €14,217 | +€3,746 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,471 | €14,217 | +€3,746 | +35.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.