Zwalmbeekhoeve: 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.
Zwalmbeekhoeve
Largest movements
- Tangible fixed assets -€7,028
down €7,028 (-24.0%), from €29,313 to €22,285
of which Land and buildings: -€4,276
- Cash +€5,018
up €5,018 (+18.1%), from €27,779 to €32,797
mainly Depreciation (+€7,028) and Receivables within one year (+€1,914)
- Receivables within one year -€1,914
down €1,914 (-41.6%), from €4,599 to €2,686
of which Other amounts receivable: -€1,598
- Trade debts -€3,129
down €3,129 (-86.0%), from €3,640 to €511
- Debts after one year -€2,857
down €2,857 (-44.4%), from €6,428 to €3,571
- Profit (loss) carried forward +€1,094
up €1,094 (+70.7%), from €1,547 to €2,642
- Depreciation -€1,663
down €1,663 (-19.1%), from €8,691 to €7,028
- Taxes +€684
up €684 (+117%), from €586 to €1,270
- Gross operating margin +€609
up €609 (+6.3%), from €9,633 to €10,241
- Other operating charges -€249
down €249 (-63.3%), from €393 to €144
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 | €66,637 | €62,263 | -€4,374 | -6.6% |
| Fixed assets | 21/28 | €29,313 | €22,285 | -€7,028 | -24.0% |
| Tangible fixed assets | 22/27 | €29,313 | €22,285 | -€7,028 | -24.0% |
| Land and buildings | 22 | €23,741 | €19,465 | -€4,276 | -18.0% |
| Plant, machinery and equipment | 23 | €5,520 | €2,819 | -€2,701 | -48.9% |
| Furniture and vehicles | 24 | €51 | €0 | -€51 | -100% |
| Current assets | 29/58 | €37,324 | €39,979 | +€2,654 | +7.1% |
| Stocks and contracts in progress | 3 | €4,946 | €4,496 | -€450 | -9.1% |
| Stocks | 30/36 | €4,946 | €4,496 | -€450 | -9.1% |
| Amounts receivable within one year | 40/41 | €4,599 | €2,686 | -€1,914 | -41.6% |
| Trade receivables | 40 | €2,837 | €2,521 | -€315 | -11.1% |
| Other amounts receivable | 41 | €1,763 | €164 | -€1,598 | -90.7% |
| Cash at bank and in hand | 54/58 | €27,779 | €32,797 | +€5,018 | +18.1% |
| Total equity and liabilities | 10/49 | €66,637 | €62,263 | -€4,374 | -6.6% |
| Equity | 10/15 | €50,747 | €51,842 | +€1,094 | +2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,200 | €29,200 | = | 0.0% |
| Distributable reserves | 133 | €29,200 | €29,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,547 | €2,642 | +€1,094 | +70.7% |
| Amounts payable | 17/49 | €15,890 | €10,422 | -€5,468 | -34.4% |
| Amounts payable after more than one year | 17 | €6,428 | €3,571 | -€2,857 | -44.4% |
| Financial debts | 170/4 | €6,428 | €3,571 | -€2,857 | -44.4% |
| Amounts payable within one year | 42/48 | €9,462 | €6,851 | -€2,611 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €2,857 | €2,857 | = | 0.0% |
| Trade debts | 44 | €3,640 | €511 | -€3,129 | -86.0% |
| Suppliers | 440/4 | €3,640 | €511 | -€3,129 | -86.0% |
| Taxes, remuneration and social security | 45 | €2,965 | €3,482 | +€518 | +17.5% |
| Taxes | 450/3 | €965 | €1,482 | +€518 | +53.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,691 | €7,028 | -€1,663 | -19.1% |
| Other operating charges | 640/8 | €393 | €144 | -€249 | -63.3% |
| Gross operating margin | 9900 | €9,633 | €10,241 | +€609 | +6.3% |
| Operating profit (loss) | 9901 | €161 | €2,669 | +€2,508 | +1,555% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €315 | €306 | -€10 | -3.1% |
| Recurring financial charges | 65 | €315 | €306 | -€10 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€154 | €2,364 | +€2,518 | |
| Income taxes | 67/77 | €586 | €1,270 | +€684 | +117% |
| Profit (loss) for the period | 9904 | -€740 | €1,094 | +€1,834 | |
| Profit (loss) for the period to be appropriated | 9905 | -€740 | €1,094 | +€1,834 |
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 25 October 2026 via checked.be.