Donostia: what changed
Two fiscal 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.
Donostia
Largest movements
- Current investments -€38,352
down €38,352 (-32.4%), from €118,375 to €80,023
- Cash -€35,592
down €35,592 (-27.2%), from €130,867 to €95,276
mainly Contributions, distributions and other (-€170,000) and Investment in fixed assets (net) (-€7,292)
- Receivables within one year -€34,496
down €34,496 (-89.4%), from €38,601 to €4,104
of which Trade receivables: -€38,601
- Tangible fixed assets +€5,399
up €5,399 (+600.6%), from €899 to €6,298
- Deferred charges and accrued income -€4,588
down €4,588 (-80.4%), from €5,709 to €1,121
- Reserves -€105,703
down €105,703 (-37.6%), from €281,062 to €175,359
- Gross operating margin -€21,496
down €21,496 (-21.1%), from €101,885 to €80,389
- Taxes -€4,060
down €4,060 (-19.2%), from €21,169 to €17,109
- Financial income +€3,524
up €3,524 (+524.2%), from €672 to €4,197
- Depreciation +€1,447
up €1,447 (+324.5%), from €446 to €1,893
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.
Cash bridge derived
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 | €294,451 | €186,823 | -€107,628 | -36.6% |
| Fixed assets | 21/28 | €899 | €6,298 | +€5,399 | +600.6% |
| Tangible fixed assets | 22/27 | €899 | €6,298 | +€5,399 | +600.6% |
| Furniture and vehicles | 24 | €899 | €6,298 | +€5,399 | +600.6% |
| Current assets | 29/58 | €293,552 | €180,524 | -€113,028 | -38.5% |
| Amounts receivable within one year | 40/41 | €38,601 | €4,104 | -€34,496 | -89.4% |
| Trade receivables | 40 | €38,601 | €0 | -€38,601 | -100.0% |
| Other amounts receivable | 41 | €0 | €4,104 | +€4,104 | |
| Current investments | 50/53 | €118,375 | €80,023 | -€38,352 | -32.4% |
| Cash at bank and in hand | 54/58 | €130,867 | €95,276 | -€35,592 | -27.2% |
| Deferred charges and accrued income | 490/1 | €5,709 | €1,121 | -€4,588 | -80.4% |
| Total equity and liabilities | 10/49 | €294,451 | €186,823 | -€107,628 | -36.6% |
| Equity | 10/15 | €286,062 | €180,359 | -€105,703 | -37.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €281,062 | €175,359 | -€105,703 | -37.6% |
| Distributable reserves | 133 | €281,062 | €175,359 | -€105,703 | -37.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,389 | €6,464 | -€1,925 | -22.9% |
| Amounts payable within one year | 42/48 | €7,136 | €6,464 | -€672 | -9.4% |
| Trade debts | 44 | €937 | €1,024 | +€87 | +9.3% |
| Suppliers | 440/4 | €937 | €1,024 | +€87 | +9.3% |
| Taxes, remuneration and social security | 45 | €5,397 | €4,622 | -€774 | -14.3% |
| Taxes | 450/3 | €5,397 | €4,622 | -€774 | -14.3% |
| Other amounts payable | 47/48 | €802 | €817 | +€15 | +1.9% |
| Accrued charges and deferred income | 492/3 | €1,253 | €0 | -€1,253 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €446 | €1,893 | +€1,447 | +324.5% |
| Other operating charges | 640/8 | €959 | €773 | -€186 | -19.4% |
| Gross operating margin | 9900 | €101,885 | €80,389 | -€21,496 | -21.1% |
| Operating profit (loss) | 9901 | €100,480 | €77,723 | -€22,757 | -22.6% |
| Financial income | 75/76B | €672 | €4,197 | +€3,524 | +524.2% |
| Recurring financial income | 75 | €672 | €4,197 | +€3,524 | +524.2% |
| Financial charges | 65/66B | €1,447 | €514 | -€933 | -64.5% |
| Recurring financial charges | 65 | €1,447 | €514 | -€933 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €99,705 | €81,406 | -€18,299 | -18.4% |
| Income taxes | 67/77 | €21,169 | €17,109 | -€4,060 | -19.2% |
| Profit (loss) for the period | 9904 | €78,536 | €64,297 | -€14,239 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €78,536 | €64,297 | -€14,239 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.