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SEBELINE: value indication

Line	Code	31-12-2024	31-12-2025	Change	%
Total assets	20/58	€3,729,244	€3,756,651	+€27,407	+0.7%
Fixed assets	21/28	€881,276	€788,288	-€92,988	-10.6%
Intangible fixed assets	21	€178,279	€119,842	-€58,438	-32.8%
Tangible fixed assets	22/27	€210,996	€159,395	-€51,601	-24.5%
Furniture and vehicles	24	€210,996	€158,322	-€52,674	-25.0%
Assets under construction and advance payments	27	-	€1,074	+€1,074
Financial fixed assets	28	€492,001	€509,051	+€17,050	+3.5%
Current assets	29/58	€2,847,968	€2,968,363	+€120,395	+4.2%
Amounts receivable within one year	40/41	€492,637	€313,389	-€179,248	-36.4%
Trade receivables	40	€245,442	€281,163	+€35,721	+14.6%
Other amounts receivable	41	€247,195	€32,226	-€214,969	-87.0%
Current investments	50/53	€2,152,716	€2,475,569	+€322,854	+15.0%
Cash at bank and in hand	54/58	€148,096	€119,078	-€29,019	-19.6%
Deferred charges and accrued income	490/1	€54,519	€60,327	+€5,808	+10.7%
Total equity and liabilities	10/49	€3,729,244	€3,756,651	+€27,407	+0.7%
Equity	10/15	€3,575,867	€2,800,226	-€775,641	-21.7%
Contributions	10/11	€6,400	€6,400	=	0.0%
Reserves	13	€3,569,467	€2,793,826	-€775,641	-21.7%
Distributable reserves	133	€3,569,467	€2,793,826	-€775,641	-21.7%
Amounts payable	17/49	€153,377	€956,425	+€803,048	+524%
Amounts payable within one year	42/48	€80,509	€904,291	+€823,783	+1,023%
Financial debts	43	€2,059	€3,227	+€1,168	+56.7%
Credit institutions	430/8	€2,059	€3,227	+€1,168	+56.7%
Trade debts	44	€21,070	€548	-€20,521	-97.4%
Suppliers	440/4	€21,070	€548	-€20,521	-97.4%
Taxes, remuneration and social security	45	€15,256	€30,826	+€15,570	+102%
Taxes	450/3	€15,256	€30,826	+€15,570	+102%
Other amounts payable	47/48	€42,124	€869,690	+€827,566	+1,965%
Accrued charges and deferred income	492/3	€72,868	€52,133	-€20,734	-28.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€98,677	€111,112	+€12,434	+12.6%
Other operating charges	640/8	€5,013	€5,664	+€651	+13.0%
Gross operating margin	9900	€950,486	€857,778	-€92,707	-9.8%
Operating profit (loss)	9901	€846,795	€741,002	-€105,793	-12.5%
Financial income	75/76B	€31,666	€350,250	+€318,583	+1,006%
Recurring financial income	75	€31,666	€350,250	+€318,583	+1,006%
Financial charges	65/66B	€0	€104	+€104	+1,037,600%
Recurring financial charges	65	€0	€104	+€104	+1,037,600%
Profit (loss) for the period before taxes	9903	€878,461	€1,091,148	+€212,687	+24.2%
Income taxes	67/77	€280,005	€279,089	-€917	-0.3%
Profit (loss) for the period	9904	€598,456	€812,059	+€213,603	+35.7%
Profit (loss) for the period to be appropriated	9905	€598,456	€812,059	+€213,603	+35.7%

SEBELINE: value indication

SEBELINE: value indication

Position among the sector peers

What moved between 31-12-2024 and 31-12-2025

Largest movements

Change in the result, 31-12-2024 to 31-12-2025

Derived cash bridge

Value

Indicative value of the equity

Adjusted equity

Capitalised earnings

Your EBITDA multiple

Limits of the indication

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