Skip to content

Line	Code	2025	2026	Change	%
Total assets	20/58	€776,421	€652,717	-€123,704	-15.9%
Fixed assets	21/28	€357,809	€343,473	-€14,336	-4.0%
Tangible fixed assets	22/27	€357,809	€343,473	-€14,336	-4.0%
Land and buildings	22	€332,787	€324,065	-€8,722	-2.6%
Plant, machinery and equipment	23	€3,044	€4,279	+€1,235	+40.6%
Furniture and vehicles	24	€21,979	€15,129	-€6,850	-31.2%
Current assets	29/58	€418,612	€309,244	-€109,368	-26.1%
Amounts receivable within one year	40/41	€12,373	€10,810	-€1,563	-12.6%
Other amounts receivable	41	€12,373	€10,810	-€1,563	-12.6%
Current investments	50/53	€200,000	-	-€200,000
Cash at bank and in hand	54/58	€203,406	€295,003	+€91,597	+45.0%
Deferred charges and accrued income	490/1	€2,832	€3,430	+€598	+21.1%
Total equity and liabilities	10/49	€776,421	€652,717	-€123,704	-15.9%
Equity	10/15	€466,096	€464,979	-€1,117	-0.2%
Contributions	10/11	€12,400	€12,400	=	0.0%
Reserves	13	€453,696	€452,579	-€1,117	-0.2%
Non-distributable reserves	130/1	€25,255	-	-€25,255
Reserves not available under the articles	1311	€25,255	-	-€25,255
Distributable reserves	133	€428,441	€452,579	+€24,138	+5.6%
Provisions and deferred taxes	16	€100,000	€75,000	-€25,000	-25.0%
Provisions for liabilities and charges	160/5	€100,000	€75,000	-€25,000	-25.0%
Environmental obligations	163	€100,000	€75,000	-€25,000	-25.0%
Amounts payable	17/49	€210,325	€112,738	-€97,587	-46.4%
Amounts payable after more than one year	17	€143,826	€59,493	-€84,334	-58.6%
Financial debts	170/4	€9,334	-	-€9,334
Other amounts payable	178/9	€134,493	€59,493	-€75,000	-55.8%
Amounts payable within one year	42/48	€66,463	€52,210	-€14,253	-21.4%
Current portion of amounts payable after more than one year	42	€16,000	€9,334	-€6,666	-41.7%
Trade debts	44	€46,515	€42,376	-€4,139	-8.9%
Suppliers	440/4	€46,515	€42,376	-€4,139	-8.9%
Taxes, remuneration and social security	45	€3,948	-	-€3,948
Taxes	450/3	€3,948	-	-€3,948
Other amounts payable	47/48	-	€500	+€500
Accrued charges and deferred income	492/3	€36	€1,036	+€1,000	+2,813%
Non-recurring operating income	76A	-	€25,000	+€25,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€17,080	€16,817	-€264	-1.5%
Other operating charges	640/8	€8,037	€2,876	-€5,162	-64.2%
Gross operating margin	9900	€137,148	€19,177	-€117,971	-86.0%
Operating profit (loss)	9901	€112,030	-€515	-€112,545
Financial income	75/76B	€36,958	€6,633	-€30,325	-82.1%
Recurring financial income	75	€36,958	€6,633	-€30,325	-82.1%
Financial charges	65/66B	€3,146	€3,246	+€100	+3.2%
Recurring financial charges	65	€3,146	€3,246	+€100	+3.2%
Profit (loss) for the period before taxes	9903	€145,842	€2,871	-€142,971	-98.0%
Income taxes	67/77	€39,641	€3,489	-€36,152	-91.2%
Profit (loss) for the period	9904	€106,201	-€617	-€106,819
Profit (loss) for the period to be appropriated	9905	€106,201	-€617	-€106,819

Box2Box: value indication

Box2Box: value indication

Position among the sector peers

What moved between 2025 and 2026

Largest movements

Change in the result, 2025 to 2026

Derived cash bridge

Value

Indicative value of the equity

Adjusted equity

Capitalised earnings

Your EBITDA multiple

Limits of the indication

Next steps