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Line	Code	2024	2025	Change	%
Total assets	20/58	€1,779,756	€1,948,550	+€168,794	+9.5%
Fixed assets	21/28	€1,672,440	€1,509,458	-€162,982	-9.7%
Tangible fixed assets	22/27	€1,672,440	€1,509,458	-€162,982	-9.7%
Land and buildings	22	€1,572,433	€1,431,202	-€141,231	-9.0%
Plant, machinery and equipment	23	€95,693	€76,099	-€19,594	-20.5%
Furniture and vehicles	24	€4,314	€2,157	-€2,157	-50.0%
Current assets	29/58	€107,317	€439,092	+€331,775	+309%
Amounts receivable within one year	40/41	€33,654	€33,978	+€324	+1.0%
Trade receivables	40	€1,016	€1,525	+€509	+50.0%
Other amounts receivable	41	€32,637	€32,453	-€184	-0.6%
Current investments	50/53	€27,089	€327,089	+€300,000	+1,107%
Cash at bank and in hand	54/58	€46,574	€78,025	+€31,451	+67.5%
Total equity and liabilities	10/49	€1,779,756	€1,948,550	+€168,794	+9.5%
Equity	10/15	€1,060,017	€1,298,638	+€238,621	+22.5%
Contributions	10/11	€18,600	€18,600	=	0.0%
Capital	10	€18,600	-	-€18,600
Issued capital	100	€18,600	-	-€18,600
Reserves	13	€739,265	€977,869	+€238,604	+32.3%
Non-distributable reserves	130/1	€1,860	-	-€1,860
Legal reserve	130	€1,860	-	-€1,860
Tax-exempt reserves	132	€63,150	€126,300	+€63,150	+100%
Distributable reserves	133	€674,255	€851,569	+€177,314	+26.3%
Profit (loss) carried forward	14	€302,153	€302,169	+€16	0.0%
Provisions and deferred taxes	16	€15,000	€15,000	=	0.0%
Provisions for liabilities and charges	160/5	€15,000	€15,000	=	0.0%
Other liabilities and charges	164/5	€15,000	€15,000	=	0.0%
Amounts payable	17/49	€704,739	€634,912	-€69,827	-9.9%
Amounts payable after more than one year	17	€40,889	€19,555	-€21,334	-52.2%
Financial debts	170/4	€40,889	€19,555	-€21,334	-52.2%
Amounts payable within one year	42/48	€659,014	€602,327	-€56,687	-8.6%
Current portion of amounts payable after more than one year	42	€6,809	€3,492	-€3,317	-48.7%
Financial debts	43	€21,333	€21,333	-€0	0.0%
Credit institutions	430/8	€21,333	€21,333	-€0	0.0%
Trade debts	44	€18,354	€1,765	-€16,589	-90.4%
Suppliers	440/4	€18,354	€1,765	-€16,589	-90.4%
Taxes, remuneration and social security	45	€53,861	€26,918	-€26,943	-50.0%
Taxes	450/3	€53,861	€26,918	-€26,943	-50.0%
Other amounts payable	47/48	€558,657	€548,819	-€9,838	-1.8%
Accrued charges and deferred income	492/3	€4,836	€13,030	+€8,194	+169%
Non-recurring operating income	76A	-	€178,537	+€178,537
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€105,392	€92,261	-€13,131	-12.5%
Other operating charges	640/8	€94,455	€8,333	-€86,122	-91.2%
Gross operating margin	9900	€270,527	€447,675	+€177,148	+65.5%
Operating profit (loss)	9901	€70,681	€347,081	+€276,400	+391%
Financial income	75/76B	€1,010	€88	-€922	-91.3%
Recurring financial income	75	€1,010	€88	-€922	-91.3%
Financial charges	65/66B	€11,051	€7,162	-€3,889	-35.2%
Recurring financial charges	65	€11,051	€7,162	-€3,889	-35.2%
Profit (loss) for the period before taxes	9903	€60,640	€340,007	+€279,367	+461%
Income taxes	67/77	€38,254	€101,387	+€63,133	+165%
Profit (loss) for the period	9904	€22,386	€238,620	+€216,234	+966%
Transfer from tax-exempt reserves	789	€195,422	€63,150	-€132,272	-67.7%
Transfer to tax-exempt reserves	689	-	€126,300	+€126,300
Profit (loss) for the period to be appropriated	9905	€217,808	€175,470	-€42,338	-19.4%

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What moved between 2024 and 2025

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Change in the result, 2024 to 2025

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Indicative value of the equity

Adjusted equity

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Your EBITDA multiple

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