LA MANCHA: 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.
LA MANCHA
Largest movements
- Tangible fixed assets +€44,547
up €44,547 (+9.8%), from €454,048 to €498,595
of which Land and buildings: +€39,873
- Receivables within one year +€19,058
up €19,058 (+179%), from €10,631 to €29,690
of which Trade receivables: +€13,516
- Profit (loss) carried forward -€78,877
down €78,877 (-46.2%), from -€170,547 to -€249,423
- Debts after one year +€58,494
up €58,494 (+16.7%), from €351,104 to €409,598
- Trade debts +€42,714
up €42,714 (+10,307%), from €414 to €43,129
- Other debts +€36,346
up €36,346 (+19.9%), from €182,963 to €219,309
- Gross operating margin -€37,319
down €37,319, from €5,665 to -€31,654
- Depreciation +€3,875
up €3,875 (+13.4%), from €28,922 to €32,798
- Financial charges +€2,912
up €2,912 (+32.6%), from €8,927 to €11,839
- Other operating charges +€401
up €401 (+18.3%), from €2,186 to €2,587
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 | €472,414 | €532,932 | +€60,517 | +12.8% |
| Fixed assets | 21/28 | €454,048 | €498,595 | +€44,547 | +9.8% |
| Tangible fixed assets | 22/27 | €454,048 | €498,595 | +€44,547 | +9.8% |
| Land and buildings | 22 | €431,730 | €471,604 | +€39,873 | +9.2% |
| Plant, machinery and equipment | 23 | €18,290 | €12,937 | -€5,353 | -29.3% |
| Furniture and vehicles | 24 | €4,028 | €14,054 | +€10,027 | +249% |
| Current assets | 29/58 | €18,366 | €34,337 | +€15,971 | +87.0% |
| Amounts receivable within one year | 40/41 | €10,631 | €29,690 | +€19,058 | +179% |
| Trade receivables | 40 | €10,600 | €24,115 | +€13,516 | +128% |
| Other amounts receivable | 41 | €32 | €5,574 | +€5,543 | +17,529% |
| Cash at bank and in hand | 54/58 | €5,763 | €2,497 | -€3,266 | -56.7% |
| Deferred charges and accrued income | 490/1 | €1,972 | €2,150 | +€178 | +9.0% |
| Total equity and liabilities | 10/49 | €472,414 | €532,932 | +€60,517 | +12.8% |
| Equity | 10/15 | -€86,455 | -€165,331 | -€78,877 | -91.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €77,892 | €77,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €77,892 | €77,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,547 | -€249,423 | -€78,877 | -46.2% |
| Amounts payable | 17/49 | €558,869 | €698,263 | +€139,394 | +24.9% |
| Amounts payable after more than one year | 17 | €351,104 | €409,598 | +€58,494 | +16.7% |
| Financial debts | 170/4 | €351,104 | €409,598 | +€58,494 | +16.7% |
| Amounts payable within one year | 42/48 | €204,735 | €285,520 | +€80,785 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €18,625 | €23,082 | +€4,457 | +23.9% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €414 | €43,129 | +€42,714 | +10,307% |
| Suppliers | 440/4 | €414 | €43,129 | +€42,714 | +10,307% |
| Taxes, remuneration and social security | 45 | €2,733 | €0 | -€2,733 | -100% |
| Taxes | 450/3 | €2,733 | €0 | -€2,733 | -100% |
| Other amounts payable | 47/48 | €182,963 | €219,309 | +€36,346 | +19.9% |
| Accrued charges and deferred income | 492/3 | €3,030 | €3,145 | +€115 | +3.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,922 | €32,798 | +€3,875 | +13.4% |
| Other operating charges | 640/8 | €2,186 | €2,587 | +€401 | +18.3% |
| Gross operating margin | 9900 | €5,665 | -€31,654 | -€37,319 | |
| Operating profit (loss) | 9901 | -€25,443 | -€67,038 | -€41,595 | -163% |
| Financial income | 75/76B | €8 | €1 | -€7 | -91.2% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -91.2% |
| Financial charges | 65/66B | €8,927 | €11,839 | +€2,912 | +32.6% |
| Recurring financial charges | 65 | €8,927 | €11,839 | +€2,912 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,362 | -€78,877 | -€44,515 | -130% |
| Profit (loss) for the period | 9904 | -€34,362 | -€78,877 | -€44,515 | -130% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,362 | -€78,877 | -€44,515 | -130% |
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 14 October 2026 via checked.be.