SWINK SOLUTIONS: 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.
SWINK SOLUTIONS
Largest movements
- Cash +€31,004
up €31,004 (+22.4%), from €138,545 to €169,550
mainly Net result for the year (+€14,058) and Depreciation (+€12,501)
- Tangible fixed assets -€12,501
down €12,501 (-25.2%), from €49,590 to €37,089
- Reserves +€13,221
up €13,221 (+5.5%), from €239,015 to €252,235
- Gross operating margin -€7,407
down €7,407 (-15.5%), from €47,940 to €40,533
- Depreciation +€4,306
up €4,306 (+52.5%), from €8,195 to €12,501
- Taxes -€2,971
down €2,971 (-36.6%), from €8,116 to €5,145
- Financial income -€1,197
down €1,197 (-29.3%), from €4,085 to €2,888
- Financial charges -€1,107
down €1,107 (-9.1%), from €12,168 to €11,060
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 | €421,171 | €437,155 | +€15,985 | +3.8% |
| Fixed assets | 21/28 | €49,590 | €37,089 | -€12,501 | -25.2% |
| Tangible fixed assets | 22/27 | €49,590 | €37,089 | -€12,501 | -25.2% |
| Furniture and vehicles | 24 | €49,590 | €37,089 | -€12,501 | -25.2% |
| Current assets | 29/58 | €371,581 | €400,066 | +€28,485 | +7.7% |
| Amounts receivable within one year | 40/41 | €31,824 | €31,413 | -€411 | -1.3% |
| Trade receivables | 40 | €24,684 | €24,273 | -€411 | -1.7% |
| Other amounts receivable | 41 | €7,140 | €7,140 | +€0 | 0.0% |
| Current investments | 50/53 | €200,000 | €197,830 | -€2,170 | -1.1% |
| Cash at bank and in hand | 54/58 | €138,545 | €169,550 | +€31,004 | +22.4% |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,274 | +€62 | +5.1% |
| Total equity and liabilities | 10/49 | €421,171 | €437,155 | +€15,985 | +3.8% |
| Equity | 10/15 | €245,265 | €258,485 | +€13,221 | +5.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €239,015 | €252,235 | +€13,221 | +5.5% |
| Distributable reserves | 133 | €239,015 | €252,235 | +€13,221 | +5.5% |
| Amounts payable | 17/49 | €175,906 | €178,670 | +€2,764 | +1.6% |
| Amounts payable within one year | 42/48 | €175,906 | €178,642 | +€2,736 | +1.6% |
| Trade debts | 44 | €4,481 | €4,110 | -€371 | -8.3% |
| Suppliers | 440/4 | €4,481 | €4,110 | -€371 | -8.3% |
| Taxes, remuneration and social security | 45 | €10,710 | €10,215 | -€495 | -4.6% |
| Taxes | 450/3 | €8,160 | €7,665 | -€495 | -6.1% |
| Remuneration and social security | 454/9 | €2,550 | €2,550 | = | 0.0% |
| Other amounts payable | 47/48 | €160,715 | €164,317 | +€3,602 | +2.2% |
| Accrued charges and deferred income | 492/3 | - | €28 | +€28 | |
| Non-recurring operating income | 76A | €5,500 | - | -€5,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,195 | €12,501 | +€4,306 | +52.5% |
| Other operating charges | 640/8 | €875 | €657 | -€217 | -24.8% |
| Gross operating margin | 9900 | €47,940 | €40,533 | -€7,407 | -15.5% |
| Operating profit (loss) | 9901 | €38,870 | €27,375 | -€11,495 | -29.6% |
| Financial income | 75/76B | €4,085 | €2,888 | -€1,197 | -29.3% |
| Recurring financial income | 75 | €4,085 | €2,888 | -€1,197 | -29.3% |
| Financial charges | 65/66B | €12,168 | €11,060 | -€1,107 | -9.1% |
| Recurring financial charges | 65 | €12,168 | €11,060 | -€1,107 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €30,788 | €19,203 | -€11,585 | -37.6% |
| Income taxes | 67/77 | €8,116 | €5,145 | -€2,971 | -36.6% |
| Profit (loss) for the period | 9904 | €22,672 | €14,058 | -€8,614 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,672 | €14,058 | -€8,614 | -38.0% |
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 10 October 2026 via checked.be.