SWS CARE: 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.
SWS CARE
Largest movements
- Receivables within one year +€40,705
up €40,705 (+2,237%), from €1,819 to €42,524
- Cash +€2,422
up €2,422 (+15.6%), from €15,507 to €17,929
mainly Net result for the year (+€32,510) and Tax, wage and social debts (+€10,617)
- Reserves +€32,500
up €32,500 (+288%), from €11,300 to €43,800
- Tax, wage and social debts +€10,617
up €10,617 (+265%), from €4,005 to €14,622
of which Taxes: +€7,995
- Gross operating margin +€25,536
up €25,536 (+123%), from €20,787 to €46,323
- Taxes +€9,531
up €9,531 (+207%), from €4,614 to €14,145
- Other operating charges -€2,696
down €2,696 (-75.7%), from €3,562 to €866
- Financial income +€1,351
up €1,351 (+2,809%), from €48 to €1,399
- Depreciation -€1,265
no longer reported in 2025 (was €1,265)
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 | €17,326 | €60,453 | +€43,127 | +249% |
| Current assets | 29/58 | €17,326 | €60,453 | +€43,127 | +249% |
| Amounts receivable within one year | 40/41 | €1,819 | €42,524 | +€40,705 | +2,237% |
| Other amounts receivable | 41 | €1,819 | €42,524 | +€40,705 | +2,237% |
| Cash at bank and in hand | 54/58 | €15,507 | €17,929 | +€2,422 | +15.6% |
| Total equity and liabilities | 10/49 | €17,326 | €60,453 | +€43,127 | +249% |
| Equity | 10/15 | €13,321 | €45,831 | +€32,510 | +244% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,300 | €43,800 | +€32,500 | +288% |
| Distributable reserves | 133 | €11,300 | €43,800 | +€32,500 | +288% |
| Profit (loss) carried forward | 14 | €21 | €31 | +€10 | +46.2% |
| Amounts payable | 17/49 | €4,005 | €14,622 | +€10,617 | +265% |
| Amounts payable within one year | 42/48 | €4,005 | €14,622 | +€10,617 | +265% |
| Taxes, remuneration and social security | 45 | €4,005 | €14,622 | +€10,617 | +265% |
| Taxes | 450/3 | €4,005 | €12,000 | +€7,995 | +200% |
| Remuneration and social security | 454/9 | - | €2,622 | +€2,622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | - | -€1,265 | |
| Other operating charges | 640/8 | €3,562 | €866 | -€2,696 | -75.7% |
| Gross operating margin | 9900 | €20,787 | €46,323 | +€25,536 | +123% |
| Operating profit (loss) | 9901 | €15,961 | €45,457 | +€29,497 | +185% |
| Financial income | 75/76B | €48 | €1,399 | +€1,351 | +2,809% |
| Recurring financial income | 75 | €48 | €1,399 | +€1,351 | +2,809% |
| Financial charges | 65/66B | €73 | €201 | +€128 | +174% |
| Recurring financial charges | 65 | €73 | €201 | +€128 | +174% |
| Profit (loss) for the period before taxes | 9903 | €15,935 | €46,655 | +€30,720 | +193% |
| Income taxes | 67/77 | €4,614 | €14,145 | +€9,531 | +207% |
| Profit (loss) for the period | 9904 | €11,321 | €32,510 | +€21,189 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €11,321 | €32,510 | +€21,189 | +187% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.