SUAREZ ALVARO: 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.
SUAREZ ALVARO
Largest movements
- Tangible fixed assets -€19,413
down €19,413 (-41.7%), from €46,507 to €27,093
of which Furniture and vehicles: -€16,532
- Receivables within one year +€12,976
up €12,976 (+67.8%), from €19,137 to €32,112
of which Trade receivables: +€11,082
- Cash -€4,117
down €4,117 (-95.8%), from €4,299 to €182
mainly Tax, wage and social debts (-€15,914) and Receivables within one year (-€12,976)
- Tax, wage and social debts -€15,914
down €15,914 (-82.0%), from €19,412 to €3,498
of which Taxes: -€17,133
- Trade debts +€5,863
up €5,863 (+184%), from €3,185 to €9,049
- Gross operating margin -€20,499
down €20,499 (-51.4%), from €39,886 to €19,387
- Depreciation -€16,293
down €16,293 (-49.9%), from €32,644 to €16,351
- Taxes -€858
down €858 (-41.6%), from €2,066 to €1,207
- Other operating charges -€480
down €480 (-24.2%), from €1,985 to €1,505
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 | €72,722 | €62,826 | -€9,896 | -13.6% |
| Fixed assets | 21/28 | €46,561 | €27,148 | -€19,413 | -41.7% |
| Tangible fixed assets | 22/27 | €46,507 | €27,093 | -€19,413 | -41.7% |
| Plant, machinery and equipment | 23 | €5,070 | €2,189 | -€2,881 | -56.8% |
| Furniture and vehicles | 24 | €41,437 | €24,905 | -€16,532 | -39.9% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €26,160 | €35,678 | +€9,517 | +36.4% |
| Amounts receivable within one year | 40/41 | €19,137 | €32,112 | +€12,976 | +67.8% |
| Trade receivables | 40 | €2,421 | €13,503 | +€11,082 | +458% |
| Other amounts receivable | 41 | €16,716 | €18,609 | +€1,893 | +11.3% |
| Cash at bank and in hand | 54/58 | €4,299 | €182 | -€4,117 | -95.8% |
| Deferred charges and accrued income | 490/1 | €2,725 | €3,383 | +€658 | +24.2% |
| Total equity and liabilities | 10/49 | €72,722 | €62,826 | -€9,896 | -13.6% |
| Equity | 10/15 | €50,124 | €50,084 | -€40 | -0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,682 | €47,682 | = | 0.0% |
| Distributable reserves | 133 | €47,682 | €47,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | €442 | €402 | -€40 | -9.1% |
| Amounts payable | 17/49 | €22,598 | €12,742 | -€9,856 | -43.6% |
| Amounts payable within one year | 42/48 | €22,598 | €12,742 | -€9,856 | -43.6% |
| Trade debts | 44 | €3,185 | €9,049 | +€5,863 | +184% |
| Suppliers | 440/4 | €3,185 | €9,049 | +€5,863 | +184% |
| Taxes, remuneration and social security | 45 | €19,412 | €3,498 | -€15,914 | -82.0% |
| Taxes | 450/3 | €17,582 | €450 | -€17,133 | -97.4% |
| Remuneration and social security | 454/9 | €1,830 | €3,048 | +€1,218 | +66.6% |
| Other amounts payable | 47/48 | - | €195 | +€195 | |
| Non-recurring operating income | 76A | - | €9,938 | +€9,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,644 | €16,351 | -€16,293 | -49.9% |
| Other operating charges | 640/8 | €1,985 | €1,505 | -€480 | -24.2% |
| Gross operating margin | 9900 | €39,886 | €19,387 | -€20,499 | -51.4% |
| Operating profit (loss) | 9901 | €5,257 | €1,531 | -€3,726 | -70.9% |
| Financial income | 75/76B | €47 | €0 | -€47 | -100.0% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100.0% |
| Financial charges | 65/66B | €56 | €364 | +€308 | +555% |
| Recurring financial charges | 65 | €56 | €364 | +€308 | +555% |
| Profit (loss) for the period before taxes | 9903 | €5,248 | €1,167 | -€4,081 | -77.8% |
| Income taxes | 67/77 | €2,066 | €1,207 | -€858 | -41.6% |
| Profit (loss) for the period | 9904 | €3,182 | -€40 | -€3,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,182 | -€40 | -€3,223 |
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 20 October 2026 via checked.be.