SWEAGLE: what changed
SWEAGLE
Largest movements
- Cash +€398,121
up €398,121 (+15.9%), from €2.5m to €2.9m
mainly Net result for the year (+€592,791) and Receivables within one year (+€6,373)
- Profit (loss) carried forward +€592,791
up €592,791 (+3.0%), from €19.9m to €20.5m
- Turnover -€75,154
down €75,154 (-100%), from €75,154 to €0
- Financial income -€63,401
down €63,401 (-7.2%), from €882,424 to €819,023
- Goods and materials -€62,856
down €62,856 (-100%), from €62,856 to €0
- Financial charges -€13,915
down €13,915 (-95.1%), from €14,626 to €711
of which Non-recurring financial charges: -€14,091
- Services and other goods -€5,848
down €5,848 (-59.1%), from €9,898 to €4,050
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,298,321 | €24,690,069 | +€391,748 | +1.6% |
| Fixed assets | 21/28 | €30,268 | €30,268 | = | 0.0% |
| Financial fixed assets | 28 | €30,268 | €30,268 | = | 0.0% |
| Affiliated companies | 280/1 | €30,268 | €30,268 | = | 0.0% |
| Participating interests | 280 | €30,268 | €30,268 | = | 0.0% |
| Current assets | 29/58 | €24,268,053 | €24,659,801 | +€391,748 | +1.6% |
| Amounts receivable after more than one year | 29 | €21,573,928 | €21,573,928 | = | 0.0% |
| Trade receivables | 290 | €0 | €21,573,928 | +€21.6m | |
| Other amounts receivable | 291 | €21,573,928 | - | -€21.6m | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €191,566 | €185,193 | -€6,373 | -3.3% |
| Trade receivables | 40 | €190,816 | €185,193 | -€5,623 | -2.9% |
| Other amounts receivable | 41 | €750 | €0 | -€750 | -100% |
| Cash at bank and in hand | 54/58 | €2,502,559 | €2,900,680 | +€398,121 | +15.9% |
| Total equity and liabilities | 10/49 | €24,298,321 | €24,690,069 | +€391,748 | +1.6% |
| Equity | 10/15 | €24,032,399 | €24,625,190 | +€592,791 | +2.5% |
| Contributions | 10/11 | €3,961,917 | €3,961,917 | = | 0.0% |
| Capital | 10 | €1,223,087 | €1,223,087 | = | 0.0% |
| Issued capital | 100 | €1,223,087 | €1,223,087 | = | 0.0% |
| Contributions outside capital | 11 | €2,738,830 | €2,738,830 | = | 0.0% |
| Share premium | 1100/10 | €2,738,830 | €2,738,830 | = | 0.0% |
| Reserves | 13 | €122,309 | €122,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122,309 | €122,309 | = | 0.0% |
| Legal reserve | 130 | €122,309 | €122,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,948,173 | €20,540,964 | +€592,791 | +3.0% |
| Amounts payable | 17/49 | €265,922 | €64,879 | -€201,043 | -75.6% |
| Amounts payable within one year | 42/48 | €265,921 | €64,879 | -€201,042 | -75.6% |
| Trade debts | 44 | €8,551 | €12,600 | +€4,049 | +47.3% |
| Suppliers | 440/4 | €8,551 | €12,600 | +€4,049 | +47.3% |
| Taxes, remuneration and social security | 45 | €12,191 | €13,475 | +€1,284 | +10.5% |
| Taxes | 450/3 | €11,828 | €13,475 | +€1,647 | +13.9% |
| Remuneration and social security | 454/9 | €363 | €0 | -€363 | -100% |
| Other amounts payable | 47/48 | €245,179 | €38,804 | -€206,375 | -84.2% |
| Accrued charges and deferred income | 492/3 | €1 | €0 | -€1 | -100% |
| Operating income | 70/76A | €75,154 | €0 | -€75,154 | -100% |
| Turnover | 70 | €75,154 | €0 | -€75,154 | -100% |
| Operating charges | 60/66A | €73,878 | €4,050 | -€69,828 | -94.5% |
| Goods for resale, raw materials and consumables | 60 | €62,856 | €0 | -€62,856 | -100% |
| Purchases | 600/8 | €62,856 | €0 | -€62,856 | -100% |
| Services and other goods | 61 | €9,898 | €4,050 | -€5,848 | -59.1% |
| Other operating charges | 640/8 | €1,125 | €0 | -€1,125 | -100% |
| Operating profit (loss) | 9901 | €1,276 | -€4,050 | -€5,326 | |
| Financial income | 75/76B | €882,424 | €819,023 | -€63,401 | -7.2% |
| Recurring financial income | 75 | €882,424 | €819,023 | -€63,401 | -7.2% |
| Income from current assets | 751 | €49,666 | €47,949 | -€1,718 | -3.5% |
| Other financial income | 752/9 | €832,758 | €771,074 | -€61,683 | -7.4% |
| Financial charges | 65/66B | €14,626 | €711 | -€13,915 | -95.1% |
| Recurring financial charges | 65 | €535 | €711 | +€176 | +32.9% |
| Debt charges | 650 | €10 | €7 | -€3 | -29.3% |
| Other financial charges | 652/9 | €525 | €704 | +€179 | +34.1% |
| Non-recurring financial charges | 66B | €14,091 | €0 | -€14,091 | -100% |
| Profit (loss) for the period before taxes | 9903 | €869,074 | €814,262 | -€54,813 | -6.3% |
| Income taxes | 67/77 | €217,268 | €221,471 | +€4,203 | +1.9% |
| Taxes | 670/3 | €217,268 | €221,471 | +€4,203 | +1.9% |
| Profit (loss) for the period | 9904 | €651,806 | €592,791 | -€59,015 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €651,806 | €592,791 | -€59,015 | -9.1% |
Next steps
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.