ZWEDEN04: what changed
What changed
ZWEDEN04
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€4,420
2024 · €854-€5,274
Equity
€487,148
2024 · €491,568-€4,420
Cash
€12,991
2024 · €17,682-€4,691
Balance sheet total
€546,882
2024 · €541,996+€4,886
Largest movements
Assets
- Tangible fixed assets +€33,750
new in 2025: €33,750
- Financial fixed assets -€26,200
down €26,200 (-5.4%), from €482,134 to €455,934
Equity and liabilities
- Tax, wage and social debts +€8,077
new in 2025: €8,077
Income statement
- Financial charges +€7,967
up €7,967 (+491%), from €1,623 to €9,590
of which Non-recurring financial charges: +€6,200
- Gross operating margin +€2,843
up €2,843 (+72.6%), from €3,917 to €6,761
- Other operating charges +€190
up €190 (+25.2%), from €754 to €944
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€854
Gross operating margin
+€2,843
Other operating charges
-€190
Financial charges
-€7,967
Taxes
+€39
Result 2025
-€4,420
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,859
Investment
-€7,550
Financing
€0
Cash 2024
€17,682
From operations (derived)
+€2,859
Net result for the year
-€4,420
Receivables within one year
-€1,999
Deferred charges and accrued income
-€28
Trade debts
-€839
Tax, wage and social debts
+€8,077
Other debts
+€2,067
Investment (derived)
-€7,550
Investment in fixed assets (net)
-€7,550
Cash 2025
€12,991
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,996 | €546,882 | +€4,886 | +0.9% |
| Fixed assets | 21/28 | €482,134 | €489,684 | +€7,550 | +1.6% |
| Tangible fixed assets | 22/27 | - | €33,750 | +€33,750 | |
| Assets under construction and advance payments | 27 | - | €33,750 | +€33,750 | |
| Financial fixed assets | 28 | €482,134 | €455,934 | -€26,200 | -5.4% |
| Current assets | 29/58 | €59,862 | €57,198 | -€2,664 | -4.5% |
| Amounts receivable within one year | 40/41 | €41,561 | €43,560 | +€1,999 | +4.8% |
| Trade receivables | 40 | €30,000 | €43,560 | +€13,560 | +45.2% |
| Other amounts receivable | 41 | €11,561 | - | -€11,561 | |
| Cash at bank and in hand | 54/58 | €17,682 | €12,991 | -€4,691 | -26.5% |
| Deferred charges and accrued income | 490/1 | €619 | €647 | +€28 | +4.5% |
| Total equity and liabilities | 10/49 | €541,996 | €546,882 | +€4,886 | +0.9% |
| Equity | 10/15 | €491,568 | €487,148 | -€4,420 | -0.9% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €141,568 | €141,568 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,003 | €4,003 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,003 | €4,003 | = | 0.0% |
| Distributable reserves | 133 | €137,564 | €137,564 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,420 | -€4,420 | |
| Amounts payable | 17/49 | €50,428 | €59,734 | +€9,306 | +18.5% |
| Amounts payable within one year | 42/48 | €50,428 | €59,734 | +€9,306 | +18.5% |
| Trade debts | 44 | €940 | €101 | -€839 | -89.3% |
| Suppliers | 440/4 | €940 | €101 | -€839 | -89.3% |
| Taxes, remuneration and social security | 45 | - | €8,077 | +€8,077 | |
| Taxes | 450/3 | - | €8,077 | +€8,077 | |
| Other amounts payable | 47/48 | €49,489 | €51,556 | +€2,067 | +4.2% |
| Other operating charges | 640/8 | €754 | €944 | +€190 | +25.2% |
| Gross operating margin | 9900 | €3,917 | €6,761 | +€2,843 | +72.6% |
| Operating profit (loss) | 9901 | €3,163 | €5,817 | +€2,654 | +83.9% |
| Financial charges | 65/66B | €1,623 | €9,590 | +€7,967 | +491% |
| Recurring financial charges | 65 | €1,623 | €3,390 | +€1,767 | +109% |
| Non-recurring financial charges | 66B | - | €6,200 | +€6,200 | |
| Profit (loss) for the period before taxes | 9903 | €1,540 | -€3,773 | -€5,314 | |
| Income taxes | 67/77 | €686 | €647 | -€39 | -5.8% |
| Profit (loss) for the period | 9904 | €854 | -€4,420 | -€5,274 | |
| Profit (loss) for the period to be appropriated | 9905 | €854 | -€4,420 | -€5,274 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.