FISCALIDAD: 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.
FISCALIDAD
Largest movements
- Cash +€51,560
up €51,560 (+92.4%), from €55,787 to €107,347
mainly Provisions (+€23,780) and Net result for the year (+€23,765)
- Receivables within one year +€9,944
up €9,944 (+46.0%), from €21,614 to €31,558
of which Trade receivables: +€8,079
- Current investments -€6,869
down €6,869 (-20.2%), from €33,940 to €27,071
- Tangible fixed assets -€1,986
down €1,986 (-25.2%), from €7,889 to €5,903
- Provisions +€23,780
new in 2025: €23,780
- Reserves +€11,342
up €11,342 (+10.9%), from €104,153 to €115,495
- Other debts +€11,329
up €11,329 (+1035.6%), from €1,094 to €12,423
- Tax, wage and social debts +€6,120
up €6,120 (+70.8%), from €8,647 to €14,767
- Provisions +€23,780
new in 2025: €23,780
- Gross operating margin +€21,698
up €21,698 (+47.5%), from €45,651 to €67,349
- Taxes +€4,173
up €4,173 (+35.5%), from €11,753 to €15,926
- Other operating charges -€1,016
down €1,016 (-59.9%), from €1,696 to €680
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 | €120,527 | €173,112 | +€52,585 | +43.6% |
| Fixed assets | 21/28 | €8,180 | €6,134 | -€2,046 | -25.0% |
| Intangible fixed assets | 21 | €291 | €231 | -€60 | -20.6% |
| Tangible fixed assets | 22/27 | €7,889 | €5,903 | -€1,986 | -25.2% |
| Plant, machinery and equipment | 23 | €1,625 | €1,089 | -€536 | -33.0% |
| Furniture and vehicles | 24 | €1,024 | €562 | -€462 | -45.1% |
| Other tangible fixed assets | 26 | €5,240 | €4,252 | -€988 | -18.9% |
| Current assets | 29/58 | €112,347 | €166,978 | +€54,631 | +48.6% |
| Amounts receivable within one year | 40/41 | €21,614 | €31,558 | +€9,944 | +46.0% |
| Trade receivables | 40 | €19,181 | €27,260 | +€8,079 | +42.1% |
| Other amounts receivable | 41 | €2,433 | €4,298 | +€1,865 | +76.7% |
| Current investments | 50/53 | €33,940 | €27,071 | -€6,869 | -20.2% |
| Cash at bank and in hand | 54/58 | €55,787 | €107,347 | +€51,560 | +92.4% |
| Deferred charges and accrued income | 490/1 | €1,006 | €1,002 | -€4 | -0.4% |
| Total equity and liabilities | 10/49 | €120,527 | €173,112 | +€52,585 | +43.6% |
| Equity | 10/15 | €110,353 | €121,695 | +€11,342 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €104,153 | €115,495 | +€11,342 | +10.9% |
| Distributable reserves | 133 | €104,153 | €115,495 | +€11,342 | +10.9% |
| Provisions and deferred taxes | 16 | - | €23,780 | +€23,780 | |
| Provisions for liabilities and charges | 160/5 | - | €23,780 | +€23,780 | |
| Other liabilities and charges | 164/5 | - | €23,780 | +€23,780 | |
| Amounts payable | 17/49 | €10,174 | €27,637 | +€17,463 | +171.6% |
| Amounts payable within one year | 42/48 | €10,174 | €27,637 | +€17,463 | +171.6% |
| Trade debts | 44 | €433 | €447 | +€14 | +3.2% |
| Suppliers | 440/4 | €433 | €447 | +€14 | +3.2% |
| Taxes, remuneration and social security | 45 | €8,647 | €14,767 | +€6,120 | +70.8% |
| Taxes | 450/3 | €8,647 | €14,767 | +€6,120 | +70.8% |
| Other amounts payable | 47/48 | €1,094 | €12,423 | +€11,329 | +1035.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,762 | €2,811 | +€49 | +1.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €23,780 | +€23,780 | |
| Other operating charges | 640/8 | €1,696 | €680 | -€1,016 | -59.9% |
| Gross operating margin | 9900 | €45,651 | €67,349 | +€21,698 | +47.5% |
| Operating profit (loss) | 9901 | €41,193 | €40,078 | -€1,115 | -2.7% |
| Financial income | 75/76B | €1,347 | €1,431 | +€84 | +6.2% |
| Recurring financial income | 75 | €1,347 | €1,431 | +€84 | +6.2% |
| Financial charges | 65/66B | €1,253 | €1,818 | +€565 | +45.1% |
| Recurring financial charges | 65 | €1,253 | €1,818 | +€565 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | €41,287 | €39,691 | -€1,596 | -3.9% |
| Income taxes | 67/77 | €11,753 | €15,926 | +€4,173 | +35.5% |
| Profit (loss) for the period | 9904 | €29,534 | €23,765 | -€5,769 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,534 | €23,765 | -€5,769 | -19.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.