SUWADA1926: 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.
SUWADA1926
Largest movements
- Stocks and contracts +€31,599
up €31,599 (+27.1%), from €116,813 to €148,412
- Cash +€12,340
up €12,340 (+59.5%), from €20,744 to €33,084
mainly Trade debts (+€56,333) and Contributions, distributions and other (+€13,988)
- Receivables within one year -€4,430
down €4,430 (-80.3%), from €5,516 to €1,087
- Trade debts +€56,333
up €56,333 (+49.7%), from €113,315 to €169,648
- Debts after one year -€14,677
down €14,677 (-17.1%), from €85,701 to €71,024
- Tax, wage and social debts -€5,795
down €5,795 (-40.0%), from €14,481 to €8,686
of which Taxes: -€4,941
- Profit (loss) carried forward +€3,280
up €3,280 (+3.4%), from -€96,030 to -€92,750
- Gross operating margin +€15,668
up €15,668 (+195%), from €8,042 to €23,710
- Staff costs -€15,557
down €15,557 (-39.4%), from €39,439 to €23,882
- Financial income -€3,328
down €3,328 (-96.7%), from €3,440 to €112
- Financial charges -€1,752
down €1,752 (-16.2%), from €10,801 to €9,049
- Other operating charges +€359
up €359 (+321%), from €112 to €472
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 | €149,889 | €188,344 | +€38,455 | +25.7% |
| Fixed assets | 21/28 | €6,815 | €5,689 | -€1,126 | -16.5% |
| Tangible fixed assets | 22/27 | €2,748 | €1,622 | -€1,126 | -41.0% |
| Plant, machinery and equipment | 23 | €806 | €564 | -€243 | -30.1% |
| Furniture and vehicles | 24 | €1,277 | €950 | -€327 | -25.6% |
| Other tangible fixed assets | 26 | €665 | €108 | -€557 | -83.7% |
| Financial fixed assets | 28 | €4,067 | €4,067 | = | 0.0% |
| Current assets | 29/58 | €143,074 | €182,655 | +€39,581 | +27.7% |
| Stocks and contracts in progress | 3 | €116,813 | €148,412 | +€31,599 | +27.1% |
| Stocks | 30/36 | €116,813 | €148,412 | +€31,599 | +27.1% |
| Amounts receivable within one year | 40/41 | €5,516 | €1,087 | -€4,430 | -80.3% |
| Trade receivables | 40 | €5,516 | €1,087 | -€4,430 | -80.3% |
| Cash at bank and in hand | 54/58 | €20,744 | €33,084 | +€12,340 | +59.5% |
| Deferred charges and accrued income | 490/1 | - | €72 | +€72 | |
| Total equity and liabilities | 10/49 | €149,889 | €188,344 | +€38,455 | +25.7% |
| Equity | 10/15 | -€78,030 | -€74,750 | +€3,280 | +4.2% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,030 | -€92,750 | +€3,280 | +3.4% |
| Amounts payable | 17/49 | €227,919 | €263,093 | +€35,174 | +15.4% |
| Amounts payable after more than one year | 17 | €85,701 | €71,024 | -€14,677 | -17.1% |
| Financial debts | 170/4 | €85,701 | €71,024 | -€14,677 | -17.1% |
| Amounts payable within one year | 42/48 | €142,218 | €192,070 | +€49,852 | +35.1% |
| Trade debts | 44 | €113,315 | €169,648 | +€56,333 | +49.7% |
| Suppliers | 440/4 | €113,315 | €169,648 | +€56,333 | +49.7% |
| Taxes, remuneration and social security | 45 | €14,481 | €8,686 | -€5,795 | -40.0% |
| Taxes | 450/3 | €9,709 | €4,768 | -€4,941 | -50.9% |
| Remuneration and social security | 454/9 | €4,773 | €3,918 | -€854 | -17.9% |
| Other amounts payable | 47/48 | €14,422 | €13,736 | -€687 | -4.8% |
| Remuneration, social security and pensions | 62 | €39,439 | €23,882 | -€15,557 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €1,126 | +€25 | +2.2% |
| Other operating charges | 640/8 | €112 | €472 | +€359 | +321% |
| Gross operating margin | 9900 | €8,042 | €23,710 | +€15,668 | +195% |
| Operating profit (loss) | 9901 | -€32,611 | -€1,770 | +€30,841 | +94.6% |
| Financial income | 75/76B | €3,440 | €112 | -€3,328 | -96.7% |
| Recurring financial income | 75 | €3,440 | €112 | -€3,328 | -96.7% |
| Financial charges | 65/66B | €10,801 | €9,049 | -€1,752 | -16.2% |
| Recurring financial charges | 65 | €10,801 | €9,049 | -€1,752 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€39,972 | -€10,707 | +€29,265 | +73.2% |
| Profit (loss) for the period | 9904 | -€39,972 | -€10,707 | +€29,265 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,972 | -€10,707 | +€29,265 | +73.2% |
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 26 October 2026 via checked.be.