Swysen & Partners: 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.
Swysen & Partners
Largest movements
- Receivables within one year -€10,563
down €10,563 (-27.5%), from €38,418 to €27,855
of which Other amounts receivable: -€5,465
- Cash -€631
no longer reported in 2025 (was €631)
mainly Net result for the year (-€19,586) and Trade debts (-€3,762)
- Profit (loss) carried forward -€19,586
down €19,586 (-82.7%), from €23,683 to €4,097
- Short-term financial debts +€14,919
new in 2025: €14,919
- Trade debts -€3,762
down €3,762 (-44.7%), from €8,425 to €4,663
- Tax, wage and social debts -€2,817
down €2,817 (-33.4%), from €8,439 to €5,622
- Gross operating margin -€38,105
down €38,105, from €19,447 to -€18,658
- Taxes -€5,221
down €5,221 (-96.3%), from €5,423 to €202
- Financial income +€635
up €635 (+78.3%), from €811 to €1,447
- Financial charges +€344
up €344 (+20.9%), from €1,646 to €1,990
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 | €40,548 | €29,301 | -€11,247 | -27.7% |
| Current assets | 29/58 | €40,548 | €29,301 | -€11,247 | -27.7% |
| Amounts receivable within one year | 40/41 | €38,418 | €27,855 | -€10,563 | -27.5% |
| Trade receivables | 40 | €5,945 | €847 | -€5,098 | -85.8% |
| Other amounts receivable | 41 | €32,473 | €27,008 | -€5,465 | -16.8% |
| Cash at bank and in hand | 54/58 | €631 | - | -€631 | |
| Deferred charges and accrued income | 490/1 | €1,499 | €1,446 | -€53 | -3.5% |
| Total equity and liabilities | 10/49 | €40,548 | €29,301 | -€11,247 | -27.7% |
| Equity | 10/15 | €23,684 | €4,098 | -€19,586 | -82.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,683 | €4,097 | -€19,586 | -82.7% |
| Amounts payable | 17/49 | €16,864 | €25,203 | +€8,339 | +49.5% |
| Amounts payable within one year | 42/48 | €16,864 | €25,203 | +€8,339 | +49.5% |
| Financial debts | 43 | - | €14,919 | +€14,919 | |
| Credit institutions | 430/8 | - | €14,919 | +€14,919 | |
| Trade debts | 44 | €8,425 | €4,663 | -€3,762 | -44.7% |
| Suppliers | 440/4 | €8,425 | €4,663 | -€3,762 | -44.7% |
| Taxes, remuneration and social security | 45 | €8,439 | €5,622 | -€2,817 | -33.4% |
| Taxes | 450/3 | €8,439 | €5,622 | -€2,817 | -33.4% |
| Other operating charges | 640/8 | €177 | €183 | +€6 | +3.4% |
| Gross operating margin | 9900 | €19,447 | -€18,658 | -€38,105 | |
| Operating profit (loss) | 9901 | €19,270 | -€18,841 | -€38,111 | |
| Financial income | 75/76B | €811 | €1,447 | +€635 | +78.3% |
| Recurring financial income | 75 | €811 | €1,447 | +€635 | +78.3% |
| Financial charges | 65/66B | €1,646 | €1,990 | +€344 | +20.9% |
| Recurring financial charges | 65 | €1,646 | €1,990 | +€344 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €18,436 | -€19,384 | -€37,820 | |
| Income taxes | 67/77 | €5,423 | €202 | -€5,221 | -96.3% |
| Profit (loss) for the period | 9904 | €13,012 | -€19,586 | -€32,598 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,012 | -€19,586 | -€32,598 |
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 22 October 2026 via checked.be.