ALHAMBRA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ALHAMBRA
Largest movements
- Stocks and contracts -€165,578
down €165,578 (-45.4%), from €364,974 to €199,396
- Cash +€89,212
up €89,212 (+989%), from €9,018 to €98,230
mainly Stocks and contracts (+€165,578) and Depreciation (+€41,667)
- Tangible fixed assets -€48,725
down €48,725 (-7.0%), from €693,337 to €644,611
of which Land and buildings: -€41,002
- Receivables within one year -€13,224
down €13,224 (-39.4%), from €33,551 to €20,326
of which Trade receivables: -€10,927
- Trade debts -€107,721
down €107,721 (-61.0%), from €176,505 to €68,784
- Debts after one year -€31,689
down €31,689 (-7.2%), from €442,715 to €411,026
- Tax, wage and social debts -€21,860
down €21,860 (-86.5%), from €25,263 to €3,403
of which Taxes: -€13,631
- Current portion of long-term debt +€21,791
up €21,791 (+43.0%), from €50,678 to €72,470
- Gross operating margin -€41,230
down €41,230 (-28.7%), from €143,676 to €102,446
- Staff costs -€18,991
down €18,991 (-71.0%), from €26,736 to €7,746
- Other operating charges -€6,942
down €6,942 (-29.0%), from €23,903 to €16,962
- Depreciation -€5,911
down €5,911 (-12.4%), from €47,578 to €41,667
- Taxes -€4,822
down €4,822 (-92.7%), from €5,203 to €380
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,110,200 | €966,833 | -€143,367 | -12.9% |
| Fixed assets | 21/28 | €693,582 | €644,857 | -€48,725 | -7.0% |
| Tangible fixed assets | 22/27 | €693,337 | €644,611 | -€48,725 | -7.0% |
| Land and buildings | 22 | €681,403 | €640,401 | -€41,002 | -6.0% |
| Plant, machinery and equipment | 23 | €0 | €1,626 | +€1,626 | |
| Furniture and vehicles | 24 | €11,934 | €2,585 | -€9,349 | -78.3% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €416,618 | €321,977 | -€94,641 | -22.7% |
| Stocks and contracts in progress | 3 | €364,974 | €199,396 | -€165,578 | -45.4% |
| Stocks | 30/36 | €364,974 | €199,396 | -€165,578 | -45.4% |
| Amounts receivable within one year | 40/41 | €33,551 | €20,326 | -€13,224 | -39.4% |
| Trade receivables | 40 | €31,253 | €20,326 | -€10,927 | -35.0% |
| Other amounts receivable | 41 | €2,297 | €0 | -€2,297 | -100% |
| Cash at bank and in hand | 54/58 | €9,018 | €98,230 | +€89,212 | +989% |
| Deferred charges and accrued income | 490/1 | €9,075 | €4,025 | -€5,050 | -55.7% |
| Total equity and liabilities | 10/49 | €1,110,200 | €966,833 | -€143,367 | -12.9% |
| Equity | 10/15 | €402,796 | €405,780 | +€2,984 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €293,502 | €293,502 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €291,643 | €291,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,298 | -€6,314 | +€2,984 | +32.1% |
| Amounts payable | 17/49 | €707,404 | €561,053 | -€146,351 | -20.7% |
| Amounts payable after more than one year | 17 | €442,715 | €411,026 | -€31,689 | -7.2% |
| Financial debts | 170/4 | €442,715 | €411,026 | -€31,689 | -7.2% |
| Amounts payable within one year | 42/48 | €264,689 | €149,943 | -€114,746 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €50,678 | €72,470 | +€21,791 | +43.0% |
| Financial debts | 43 | €4,816 | €0 | -€4,816 | -100% |
| Credit institutions | 430/8 | €4,816 | €0 | -€4,816 | -100% |
| Trade debts | 44 | €176,505 | €68,784 | -€107,721 | -61.0% |
| Suppliers | 440/4 | €176,505 | €68,784 | -€107,721 | -61.0% |
| Taxes, remuneration and social security | 45 | €25,263 | €3,403 | -€21,860 | -86.5% |
| Taxes | 450/3 | €16,626 | €2,995 | -€13,631 | -82.0% |
| Remuneration and social security | 454/9 | €8,637 | €408 | -€8,229 | -95.3% |
| Other amounts payable | 47/48 | €7,427 | €5,286 | -€2,141 | -28.8% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Remuneration, social security and pensions | 62 | €26,736 | €7,746 | -€18,991 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,578 | €41,667 | -€5,911 | -12.4% |
| Other operating charges | 640/8 | €23,903 | €16,962 | -€6,942 | -29.0% |
| Gross operating margin | 9900 | €143,676 | €102,446 | -€41,230 | -28.7% |
| Operating profit (loss) | 9901 | €45,458 | €36,071 | -€9,387 | -20.7% |
| Financial income | 75/76B | €1,211 | €994 | -€216 | -17.8% |
| Recurring financial income | 75 | €1,211 | €994 | -€216 | -17.8% |
| Financial charges | 65/66B | €30,460 | €33,701 | +€3,241 | +10.6% |
| Recurring financial charges | 65 | €30,460 | €33,701 | +€3,241 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €16,209 | €3,365 | -€12,844 | -79.2% |
| Income taxes | 67/77 | €5,203 | €380 | -€4,822 | -92.7% |
| Profit (loss) for the period | 9904 | €11,006 | €2,984 | -€8,022 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,006 | €2,984 | -€8,022 | -72.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.