SWYVANCO: 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.
SWYVANCO
Largest movements
- Cash +€14,198
up €14,198 (+46.9%), from €30,259 to €44,458
mainly Depreciation (+€42,078) and Net result for the year (+€26,586)
- Tangible fixed assets -€10,153
down €10,153 (-2.9%), from €354,485 to €344,332
- Receivables within one year -€4,105
down €4,105 (-32.3%), from €12,691 to €8,586
of which Trade receivables: -€3,927
- Debts after one year -€26,682
down €26,682 (-17.1%), from €156,414 to €129,731
- Profit (loss) carried forward +€26,586
up €26,586 (+6.2%), from -€427,416 to -€400,830
- Other debts +€24,843
up €24,843 (+5.7%), from €437,902 to €462,745
- Tax, wage and social debts -€17,920
down €17,920 (-50.8%), from €35,253 to €17,334
of which Taxes: -€17,725
- Current portion of long-term debt -€7,205
down €7,205 (-21.3%), from €33,887 to €26,682
- Staff costs +€20,148
up €20,148 (+43.8%), from €45,992 to €66,140
- Depreciation -€16,261
down €16,261 (-27.9%), from €58,338 to €42,078
- Financial charges -€5,450
down €5,450 (-25.6%), from €21,315 to €15,865
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 | €397,762 | €397,623 | -€139 | 0.0% |
| Fixed assets | 21/28 | €354,545 | €344,392 | -€10,153 | -2.9% |
| Tangible fixed assets | 22/27 | €354,485 | €344,332 | -€10,153 | -2.9% |
| Land and buildings | 22 | €203,962 | €201,678 | -€2,284 | -1.1% |
| Plant, machinery and equipment | 23 | €139,643 | €135,162 | -€4,481 | -3.2% |
| Furniture and vehicles | 24 | €10,880 | €7,492 | -€3,388 | -31.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €43,217 | €53,231 | +€10,014 | +23.2% |
| Amounts receivable within one year | 40/41 | €12,691 | €8,586 | -€4,105 | -32.3% |
| Trade receivables | 40 | €12,385 | €8,458 | -€3,927 | -31.7% |
| Other amounts receivable | 41 | €306 | €127 | -€179 | -58.4% |
| Cash at bank and in hand | 54/58 | €30,259 | €44,458 | +€14,198 | +46.9% |
| Deferred charges and accrued income | 490/1 | €267 | €187 | -€80 | -29.8% |
| Total equity and liabilities | 10/49 | €397,762 | €397,623 | -€139 | 0.0% |
| Equity | 10/15 | -€278,042 | -€251,456 | +€26,586 | +9.6% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €637 | €637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €637 | €637 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€427,416 | -€400,830 | +€26,586 | +6.2% |
| Amounts payable | 17/49 | €675,805 | €649,079 | -€26,725 | -4.0% |
| Amounts payable after more than one year | 17 | €156,414 | €129,731 | -€26,682 | -17.1% |
| Financial debts | 170/4 | €156,414 | €129,731 | -€26,682 | -17.1% |
| Amounts payable within one year | 42/48 | €519,391 | €519,348 | -€43 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €33,887 | €26,682 | -€7,205 | -21.3% |
| Trade debts | 44 | €5,559 | €5,115 | -€444 | -8.0% |
| Suppliers | 440/4 | €5,559 | €5,115 | -€444 | -8.0% |
| Advances received on contracts in progress | 46 | €6,789 | €7,472 | +€683 | +10.1% |
| Taxes, remuneration and social security | 45 | €35,253 | €17,334 | -€17,920 | -50.8% |
| Taxes | 450/3 | €30,450 | €12,725 | -€17,725 | -58.2% |
| Remuneration and social security | 454/9 | €4,803 | €4,609 | -€194 | -4.0% |
| Other amounts payable | 47/48 | €437,902 | €462,745 | +€24,843 | +5.7% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €45,992 | €66,140 | +€20,148 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,338 | €42,078 | -€16,261 | -27.9% |
| Other operating charges | 640/8 | €5,479 | €5,829 | +€350 | +6.4% |
| Non-recurring operating charges | 66A | - | €65 | +€65 | |
| Gross operating margin | 9900 | €155,525 | €156,532 | +€1,007 | +0.6% |
| Operating profit (loss) | 9901 | €45,716 | €42,421 | -€3,295 | -7.2% |
| Financial income | 75/76B | €267 | €31 | -€236 | -88.5% |
| Recurring financial income | 75 | €267 | €31 | -€236 | -88.5% |
| Financial charges | 65/66B | €21,315 | €15,865 | -€5,450 | -25.6% |
| Recurring financial charges | 65 | €21,315 | €15,865 | -€5,450 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €24,667 | €26,586 | +€1,919 | +7.8% |
| Profit (loss) for the period | 9904 | €24,667 | €26,586 | +€1,919 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,667 | €26,586 | +€1,919 | +7.8% |
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 4 October 2026 via checked.be.