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INTERCORD: value indication

Line	Code	2024	2025	Change	%
Total assets	20/58	€7,886,754	€8,671,170	+€784,417	+9.9%
Fixed assets	21/28	€0	€4,358	+€4,358
Tangible fixed assets	22/27	€0	€4,358	+€4,358
Plant, machinery and equipment	23	€0	€4,358	+€4,358
Furniture and vehicles	24	€0	€0	=
Current assets	29/58	€7,886,754	€8,666,812	+€780,058	+9.9%
Stocks and contracts in progress	3	€1,717,617	€1,754,924	+€37,307	+2.2%
Stocks	30/36	€1,717,617	€1,754,924	+€37,307	+2.2%
Goods purchased for resale	34	€1,717,617	€1,754,924	+€37,307	+2.2%
Amounts receivable within one year	40/41	€4,527,176	€3,094,786	-€1.4m	-31.6%
Trade receivables	40	€4,197,569	€3,055,026	-€1.1m	-27.2%
Other amounts receivable	41	€329,607	€39,760	-€289,847	-87.9%
Cash at bank and in hand	54/58	€1,634,024	€3,787,839	+€2.2m	+132%
Deferred charges and accrued income	490/1	€7,936	€29,262	+€21,326	+269%
Total equity and liabilities	10/49	€7,886,754	€8,671,170	+€784,417	+9.9%
Equity	10/15	€7,147,517	€8,389,820	+€1.2m	+17.4%
Contributions	10/11	€62,000	€62,000	=	0.0%
Capital	10	€62,000	€62,000	=	0.0%
Issued capital	100	€62,000	€62,000	=	0.0%
Reserves	13	€7,085,517	€8,327,820	+€1.2m	+17.5%
Non-distributable reserves	130/1	€6,200	€6,200	=	0.0%
Legal reserve	130	€6,200	€6,200	=	0.0%
Tax-exempt reserves	132	€449	€449	=	0.0%
Distributable reserves	133	€7,078,868	€8,321,172	+€1.2m	+17.5%
Amounts payable	17/49	€739,237	€281,350	-€457,887	-61.9%
Amounts payable within one year	42/48	€739,237	€281,350	-€457,887	-61.9%
Financial debts	43	€84,649	-	-€84,649
Credit institutions	430/8	€84,649	-	-€84,649
Trade debts	44	€101,669	€93,608	-€8,061	-7.9%
Suppliers	440/4	€101,669	€93,608	-€8,061	-7.9%
Taxes, remuneration and social security	45	€60,311	€164	-€60,147	-99.7%
Taxes	450/3	€60,311	€164	-€60,147	-99.7%
Other amounts payable	47/48	€492,608	€187,579	-€305,030	-61.9%
Operating income	70/76A	€13,638,468	€11,744,954	-€1.9m	-13.9%
Turnover	70	€13,616,513	€11,671,609	-€1.9m	-14.3%
Other operating income	74	€10,320	€624	-€9,696	-94.0%
Non-recurring operating income	76A	€11,635	€72,721	+€61,086	+525%
Operating charges	60/66A	€12,369,969	€10,282,808	-€2.1m	-16.9%
Goods for resale, raw materials and consumables	60	€11,384,340	€9,569,009	-€1.8m	-15.9%
Purchases	600/8	€10,346,053	€9,606,316	-€739,737	-7.1%
Change in stocks: decrease (increase)	609	€1,038,288	-€37,307	-€1.1m
Services and other goods	61	€960,692	€706,737	-€253,955	-26.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	-	€279	+€279
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)	631/4	€9,552	-€19,258	-€28,810
Other operating charges	640/8	€15,014	€26,001	+€10,987	+73.2%
Non-recurring operating charges	66A	€371	€40	-€331	-89.2%
Operating profit (loss)	9901	€1,268,498	€1,462,146	+€193,648	+15.3%
Financial income	75/76B	€214,179	€216,279	+€2,099	+1.0%
Recurring financial income	75	€214,179	€216,279	+€2,099	+1.0%
Other financial income	752/9	€214,179	€216,279	+€2,099	+1.0%
Financial charges	65/66B	€98,825	€20,886	-€77,940	-78.9%
Recurring financial charges	65	€98,825	€20,886	-€77,940	-78.9%
Debt charges	650	€95,236	€12,969	-€82,267	-86.4%
Other financial charges	652/9	€3,590	€7,917	+€4,328	+121%
Profit (loss) for the period before taxes	9903	€1,383,852	€1,657,539	+€273,686	+19.8%
Income taxes	67/77	€347,669	€415,235	+€67,566	+19.4%
Taxes	670/3	€347,669	€415,235	+€67,566	+19.4%
Profit (loss) for the period	9904	€1,036,183	€1,242,304	+€206,120	+19.9%
Profit (loss) for the period to be appropriated	9905	€1,036,183	€1,242,304	+€206,120	+19.9%

INTERCORD: value indication

INTERCORD: value indication

Position among the sector peers

What moved between 2024 and 2025

Largest movements

Change in the result, 2024 to 2025

Derived cash bridge

Value

Indicative value of the equity

Adjusted equity

Capitalised earnings

Your EBITDA multiple

Limits of the indication

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