SWYGRO: 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.
SWYGRO
Largest movements
- Tangible fixed assets -€73,140
down €73,140 (-17.1%), from €427,273 to €354,133
of which Other tangible fixed assets: -€65,843
- Advances received -€52,054
down €52,054 (-100.0%), from €52,054 to €0
- Current portion of long-term debt -€19,245
down €19,245 (-100.0%), from €19,245 to €0
- Profit (loss) carried forward -€10,717
down €10,717 (-49.9%), from -€21,496 to -€32,213
- Trade debts +€6,637
up €6,637 (+218.4%), from €3,039 to €9,676
- Debts after one year -€6,401
down €6,401 (-3.3%), from €191,446 to €185,044
of which Other amounts payable: -€191,446
- Financial income +€9,710
up €9,710 (+35607.9%), from €27 to €9,738
- Depreciation +€4,773
up €4,773 (+7.0%), from €68,367 to €73,140
- Gross operating margin +€4,376
up €4,376 (+7.4%), from €59,467 to €63,843
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 | €465,415 | €389,783 | -€75,632 | -16.3% |
| Fixed assets | 21/28 | €438,884 | €365,744 | -€73,140 | -16.7% |
| Tangible fixed assets | 22/27 | €427,273 | €354,133 | -€73,140 | -17.1% |
| Land and buildings | 22 | €175,667 | €168,570 | -€7,097 | -4.0% |
| Plant, machinery and equipment | 23 | €200 | €0 | -€200 | -100.0% |
| Other tangible fixed assets | 26 | €251,407 | €185,564 | -€65,843 | -26.2% |
| Financial fixed assets | 28 | €11,611 | €11,611 | = | 0.0% |
| Current assets | 29/58 | €26,531 | €24,039 | -€2,492 | -9.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,219 | €196 | -€4,023 | -95.4% |
| Deferred charges and accrued income | 490/1 | €22,312 | €23,843 | +€1,531 | +6.9% |
| Total equity and liabilities | 10/49 | €465,415 | €389,783 | -€75,632 | -16.3% |
| Equity | 10/15 | €196,773 | €186,056 | -€10,717 | -5.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €187,282 | €187,282 | = | 0.0% |
| Distributable reserves | 133 | €187,282 | €187,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,496 | -€32,213 | -€10,717 | -49.9% |
| Amounts payable | 17/49 | €268,643 | €203,728 | -€64,915 | -24.2% |
| Amounts payable after more than one year | 17 | €191,446 | €185,044 | -€6,401 | -3.3% |
| Financial debts | 170/4 | €0 | €185,044 | +€185,044 | |
| Other amounts payable | 178/9 | €191,446 | - | -€191,446 | |
| Amounts payable within one year | 42/48 | €77,197 | €18,683 | -€58,514 | -75.8% |
| Current portion of amounts payable after more than one year | 42 | €19,245 | €0 | -€19,245 | -100.0% |
| Trade debts | 44 | €3,039 | €9,676 | +€6,637 | +218.4% |
| Suppliers | 440/4 | €3,039 | €9,676 | +€6,637 | +218.4% |
| Advances received on contracts in progress | 46 | €52,054 | €0 | -€52,054 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,859 | €9,007 | +€6,148 | +215.0% |
| Taxes | 450/3 | €2,859 | €9,007 | +€6,148 | +215.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,367 | €73,140 | +€4,773 | +7.0% |
| Other operating charges | 640/8 | €8,322 | €8,692 | +€371 | +4.5% |
| Gross operating margin | 9900 | €59,467 | €63,843 | +€4,376 | +7.4% |
| Operating profit (loss) | 9901 | -€17,222 | -€17,990 | -€767 | -4.5% |
| Financial income | 75/76B | €27 | €9,738 | +€9,710 | +35607.9% |
| Recurring financial income | 75 | €27 | €9,738 | +€9,710 | +35607.9% |
| Financial charges | 65/66B | €2,740 | €2,465 | -€275 | -10.0% |
| Recurring financial charges | 65 | €2,740 | €2,465 | -€275 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,935 | -€10,717 | +€9,218 | +46.2% |
| Profit (loss) for the period | 9904 | -€19,935 | -€10,717 | +€9,218 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,935 | -€10,717 | +€9,218 | +46.2% |
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.