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Pulsepartner: value indication

Line	Code	2024	2025	Change	%
Total assets	20/58	€974,853	€1,021,893	+€47,040	+4.8%
Fixed assets	21/28	€906,547	€880,443	-€26,103	-2.9%
Tangible fixed assets	22/27	€898,547	€872,443	-€26,103	-2.9%
Land and buildings	22	€4,969	€9,834	+€4,865	+97.9%
Plant, machinery and equipment	23	€893,577	€831,082	-€62,496	-7.0%
Assets under construction and advance payments	27	-	€31,528	+€31,528
Financial fixed assets	28	€8,000	€8,000	=	0.0%
Other financial fixed assets	284/8	€8,000	-	-€8,000
Amounts receivable and cash guarantees	285/8	€8,000	-	-€8,000
Current assets	29/58	€68,306	€141,450	+€73,143	+107%
Amounts receivable within one year	40/41	€64,090	€127,354	+€63,263	+98.7%
Trade receivables	40	€28,689	€127,354	+€98,664	+344%
Other amounts receivable	41	€35,401	-	-€35,401
Cash at bank and in hand	54/58	€4,216	€14,048	+€9,831	+233%
Deferred charges and accrued income	490/1	-	€48	+€48
Total equity and liabilities	10/49	€974,853	€1,021,893	+€47,040	+4.8%
Equity	10/15	-€660	€14,882	+€15,542
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%
Profit (loss) carried forward	14	-€62,660	-€47,118	+€15,542	+24.8%
Amounts payable	17/49	€975,513	€1,007,011	+€31,498	+3.2%
Amounts payable within one year	42/48	€266,794	€251,432	-€15,362	-5.8%
Trade debts	44	€16,925	€15,468	-€1,458	-8.6%
Suppliers	440/4	€16,925	€15,468	-€1,458	-8.6%
Taxes, remuneration and social security	45	-	€20,041	+€20,041
Taxes	450/3	-	€20,041	+€20,041
Other amounts payable	47/48	€249,869	€215,924	-€33,945	-13.6%
Accrued charges and deferred income	492/3	€708,719	€755,579	+€46,860	+6.6%
Operating income	70/76A	€64,858	-	-€64,858
Turnover	70	€62,515	-	-€62,515
Other operating income	74	€2,343	-	-€2,343
Operating charges	60/66A	€72,432	-	-€72,432
Goods for resale, raw materials and consumables	60	€37,657	-	-€37,657
Purchases	600/8	€37,657	-	-€37,657
Services and other goods	61	€12,939	-	-€12,939
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€20,723	€83,520	+€62,796	+303%
Other operating charges	640/8	€1,112	€720	-€393	-35.3%
Gross operating margin	9900	-	€109,785	+€109,785
Operating profit (loss)	9901	-€7,573	€25,546	+€33,119
Financial charges	65/66B	€5,160	€10,004	+€4,844	+93.9%
Recurring financial charges	65	€5,160	€10,004	+€4,844	+93.9%
Debt charges	650	€4,378	-	-€4,378
Other financial charges	652/9	€781	-	-€781
Profit (loss) for the period before taxes	9903	-€12,733	€15,542	+€28,275
Profit (loss) for the period	9904	-€12,733	€15,542	+€28,275
Profit (loss) for the period to be appropriated	9905	-€12,733	€15,542	+€28,275

Pulsepartner: value indication

Pulsepartner: 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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