SWTECH ENGINEERING: what changed
Two fiscal 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.
SWTECH ENGINEERING
Largest movements
- Cash +€29,245
up €29,245 (+1462.2%), from €2,000 to €31,245
mainly Net result for the year (+€12,063) and Other debts (+€10,086)
- Receivables within one year +€3,283
new in 2025: €3,283
- Deferred charges and accrued income +€2,047
new in 2025: €2,047
- Profit (loss) carried forward +€12,063
up €12,063, from -€3,183 to €8,880
- Other debts +€10,086
new in 2025: €10,086
- Tax, wage and social debts +€9,205
new in 2025: €9,205
of which Taxes: +€6,805
- Trade debts +€3,199
up €3,199 (+100.5%), from €3,183 to €6,382
- Gross operating margin +€21,712
up €21,712, from -€3,183 to €18,529
- Taxes +€4,125
new in 2025: €4,125
- Financial charges +€2,343
new in 2025: €2,343
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 | €2,000 | €36,575 | +€34,575 | +1728.8% |
| Current assets | 29/58 | €2,000 | €36,575 | +€34,575 | +1728.8% |
| Amounts receivable within one year | 40/41 | - | €3,283 | +€3,283 | |
| Trade receivables | 40 | - | €3,283 | +€3,283 | |
| Cash at bank and in hand | 54/58 | €2,000 | €31,245 | +€29,245 | +1462.2% |
| Deferred charges and accrued income | 490/1 | - | €2,047 | +€2,047 | |
| Total equity and liabilities | 10/49 | €2,000 | €36,575 | +€34,575 | +1728.8% |
| Equity | 10/15 | -€1,183 | €10,880 | +€12,063 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,183 | €8,880 | +€12,063 | |
| Amounts payable | 17/49 | €3,183 | €25,695 | +€22,512 | +707.3% |
| Amounts payable within one year | 42/48 | €3,183 | €25,673 | +€22,490 | +706.6% |
| Trade debts | 44 | €3,183 | €6,382 | +€3,199 | +100.5% |
| Suppliers | 440/4 | €3,183 | €6,382 | +€3,199 | +100.5% |
| Taxes, remuneration and social security | 45 | - | €9,205 | +€9,205 | |
| Taxes | 450/3 | - | €6,805 | +€6,805 | |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | - | €10,086 | +€10,086 | |
| Accrued charges and deferred income | 492/3 | - | €22 | +€22 | |
| Gross operating margin | 9900 | -€3,183 | €18,529 | +€21,712 | |
| Operating profit (loss) | 9901 | -€3,183 | €18,529 | +€21,712 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €2,343 | +€2,343 | |
| Recurring financial charges | 65 | - | €2,343 | +€2,343 | |
| Profit (loss) for the period before taxes | 9903 | -€3,183 | €16,189 | +€19,372 | |
| Income taxes | 67/77 | - | €4,125 | +€4,125 | |
| Profit (loss) for the period | 9904 | -€3,183 | €12,063 | +€15,246 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,183 | €12,063 | +€15,246 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.