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Line	Code	2024	2025	Change	%
Total assets	20/58	€251,085	€338,504	+€87,419	+34.8%
Fixed assets	21/28	€37,604	€27,237	-€10,368	-27.6%
Tangible fixed assets	22/27	€35,877	€25,509	-€10,368	-28.9%
Plant, machinery and equipment	23	€18,139	€12,873	-€5,266	-29.0%
Furniture and vehicles	24	€17,738	€12,637	-€5,102	-28.8%
Financial fixed assets	28	€1,727	€1,727	=	0.0%
Current assets	29/58	€213,480	€311,267	+€97,787	+45.8%
Stocks and contracts in progress	3	€35,251	€44,923	+€9,672	+27.4%
Stocks	30/36	€35,251	€44,923	+€9,672	+27.4%
Amounts receivable within one year	40/41	€111,082	€170,269	+€59,187	+53.3%
Trade receivables	40	€99,753	€169,602	+€69,849	+70.0%
Other amounts receivable	41	€11,329	€667	-€10,662	-94.1%
Cash at bank and in hand	54/58	€64,637	€92,359	+€27,722	+42.9%
Deferred charges and accrued income	490/1	€2,510	€3,716	+€1,206	+48.0%
Total equity and liabilities	10/49	€251,085	€338,504	+€87,419	+34.8%
Equity	10/15	€128,821	€152,200	+€23,378	+18.1%
Contributions	10/11	€5,000	€5,000	=	0.0%
Reserves	13	€74,742	€147,200	+€72,458	+96.9%
Distributable reserves	133	€74,742	€147,200	+€72,458	+96.9%
Profit (loss) carried forward	14	€49,079	-	-€49,079
Amounts payable	17/49	€122,263	€186,304	+€64,041	+52.4%
Amounts payable within one year	42/48	€122,263	€186,246	+€63,983	+52.3%
Trade debts	44	€85,040	€118,025	+€32,986	+38.8%
Suppliers	440/4	€85,040	€118,025	+€32,986	+38.8%
Advances received on contracts in progress	46	€7,190	€7,170	-€20	-0.3%
Taxes, remuneration and social security	45	€13,647	€50,355	+€36,708	+269%
Taxes	450/3	-	€37,338	+€37,338
Remuneration and social security	454/9	€13,647	€13,017	-€630	-4.6%
Other amounts payable	47/48	€16,386	€10,695	-€5,691	-34.7%
Accrued charges and deferred income	492/3	-	€58	+€58
Non-recurring operating income	76A	-	€331	+€331
Remuneration, social security and pensions	62	€89,814	€162,377	+€72,563	+80.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets	630	€6,754	€10,368	+€3,613	+53.5%
Other operating charges	640/8	€1,519	€2,042	+€523	+34.5%
Non-recurring operating charges	66A	€113	-	-€113
Gross operating margin	9900	€152,771	€243,993	+€91,222	+59.7%
Operating profit (loss)	9901	€54,570	€69,206	+€14,635	+26.8%
Financial income	75/76B	€2,732	€1,282	-€1,450	-53.1%
Recurring financial income	75	€2,732	€1,282	-€1,450	-53.1%
Financial charges	65/66B	€5,224	€6,823	+€1,599	+30.6%
Recurring financial charges	65	€5,224	€6,782	+€1,558	+29.8%
Non-recurring financial charges	66B	-	€41	+€41
Profit (loss) for the period before taxes	9903	€52,078	€63,664	+€11,586	+22.2%
Income taxes	67/77	€8,697	€29,591	+€20,894	+240%
Profit (loss) for the period	9904	€43,381	€34,073	-€9,308	-21.5%
Profit (loss) for the period to be appropriated	9905	€43,381	€34,073	-€9,308	-21.5%

WIN UP: value indication

WIN UP: value indication

Position among the sector peers

What moved between 2024 and 2025

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Change in the result, 2024 to 2025

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Value

Indicative value of the equity

Adjusted equity

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Your EBITDA multiple

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