Biarritz: 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.
Biarritz
Largest movements
- Tangible fixed assets +€22,737
up €22,737 (+400%), from €5,686 to €28,423
of which Leasing and similar rights: +€24,822
- Cash -€17,500
down €17,500 (-25.1%), from €69,804 to €52,304
mainly Investment in fixed assets (net) (-€29,473) and Contributions, distributions and other (-€20,733)
- Receivables after one year +€4,000
up €4,000 (+200%), from €2,000 to €6,000
- Stocks and contracts -€3,915
down €3,915 (-18.3%), from €21,339 to €17,424
- Receivables within one year +€1,750
up €1,750 (+21.3%), from €8,219 to €9,969
of which Other amounts receivable: +€1,476
- Debts after one year +€12,792
new in 2025: €12,792
- Reserves -€12,690
down €12,690 (-20.2%), from €62,910 to €50,220
- Current portion of long-term debt +€9,954
new in 2025: €9,954
- Trade debts -€1,507
down €1,507 (-15.6%), from €9,675 to €8,168
- Depreciation +€4,266
up €4,266 (+173%), from €2,470 to €6,736
- Other operating charges +€1,534
up €1,534 (+46.5%), from €3,301 to €4,835
- Staff costs -€1,523
down €1,523 (-13.1%), from €11,599 to €10,076
- Gross operating margin +€890
up €890 (+2.5%), from €35,375 to €36,265
- Financial charges +€808
up €808 (+74.3%), from €1,087 to €1,896
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 | €110,283 | €118,310 | +€8,027 | +7.3% |
| Fixed assets | 21/28 | €5,814 | €28,551 | +€22,737 | +391% |
| Tangible fixed assets | 22/27 | €5,686 | €28,423 | +€22,737 | +400% |
| Furniture and vehicles | 24 | €3,286 | €1,873 | -€1,413 | -43.0% |
| Leasing and similar rights | 25 | - | €24,822 | +€24,822 | |
| Other tangible fixed assets | 26 | €2,399 | €1,728 | -€671 | -28.0% |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €104,470 | €89,759 | -€14,710 | -14.1% |
| Amounts receivable after more than one year | 29 | €2,000 | €6,000 | +€4,000 | +200% |
| Other amounts receivable | 291 | €2,000 | €6,000 | +€4,000 | +200% |
| Stocks and contracts in progress | 3 | €21,339 | €17,424 | -€3,915 | -18.3% |
| Stocks | 30/36 | €21,339 | €17,424 | -€3,915 | -18.3% |
| Amounts receivable within one year | 40/41 | €8,219 | €9,969 | +€1,750 | +21.3% |
| Trade receivables | 40 | €33 | €307 | +€274 | +842% |
| Other amounts receivable | 41 | €8,186 | €9,662 | +€1,476 | +18.0% |
| Cash at bank and in hand | 54/58 | €69,804 | €52,304 | -€17,500 | -25.1% |
| Deferred charges and accrued income | 490/1 | €3,107 | €4,063 | +€956 | +30.8% |
| Total equity and liabilities | 10/49 | €110,283 | €118,310 | +€8,027 | +7.3% |
| Equity | 10/15 | €81,733 | €69,051 | -€12,682 | -15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,910 | €50,220 | -€12,690 | -20.2% |
| Distributable reserves | 133 | €62,910 | €50,220 | -€12,690 | -20.2% |
| Profit (loss) carried forward | 14 | €12,624 | €12,631 | +€8 | +0.1% |
| Provisions and deferred taxes | 16 | €7,440 | €7,440 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,440 | €7,440 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,440 | €7,440 | = | 0.0% |
| Amounts payable | 17/49 | €21,110 | €41,819 | +€20,709 | +98.1% |
| Amounts payable after more than one year | 17 | - | €12,792 | +€12,792 | |
| Financial debts | 170/4 | - | €12,792 | +€12,792 | |
| Amounts payable within one year | 42/48 | €21,110 | €28,628 | +€7,518 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,954 | +€9,954 | |
| Trade debts | 44 | €9,675 | €8,168 | -€1,507 | -15.6% |
| Suppliers | 440/4 | €9,675 | €8,168 | -€1,507 | -15.6% |
| Taxes, remuneration and social security | 45 | €9,704 | €9,586 | -€118 | -1.2% |
| Taxes | 450/3 | €8,597 | €9,570 | +€974 | +11.3% |
| Remuneration and social security | 454/9 | €1,107 | €15 | -€1,092 | -98.6% |
| Other amounts payable | 47/48 | €1,731 | €920 | -€811 | -46.9% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €11,599 | €10,076 | -€1,523 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,470 | €6,736 | +€4,266 | +173% |
| Other operating charges | 640/8 | €3,301 | €4,835 | +€1,534 | +46.5% |
| Gross operating margin | 9900 | €35,375 | €36,265 | +€890 | +2.5% |
| Operating profit (loss) | 9901 | €18,005 | €14,619 | -€3,387 | -18.8% |
| Financial income | 75/76B | €923 | €504 | -€419 | -45.4% |
| Recurring financial income | 75 | €923 | €504 | -€419 | -45.4% |
| Financial charges | 65/66B | €1,087 | €1,896 | +€808 | +74.3% |
| Recurring financial charges | 65 | €1,087 | €1,896 | +€808 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €17,841 | €13,227 | -€4,614 | -25.9% |
| Income taxes | 67/77 | €5,301 | €5,176 | -€124 | -2.3% |
| Profit (loss) for the period | 9904 | €12,540 | €8,051 | -€4,489 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,540 | €8,051 | -€4,489 | -35.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.