LA PALMA: 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 PALMA
Largest movements
- Receivables within one year +€11,859
up €11,859 (+76.2%), from €15,562 to €27,421
of which Other amounts receivable: +€17,949
- Tangible fixed assets +€8,504
up €8,504 (+63.4%), from €13,423 to €21,927
of which Other tangible fixed assets: +€9,748
- Cash -€6,637
down €6,637 (-30.3%), from €21,933 to €15,297
mainly Investment in fixed assets (net) (-€16,885) and Receivables within one year (-€11,859)
- Financial fixed assets +€4,000
new in 2024: €4,000
- Other debts +€17,928
up €17,928 (+2,048%), from €875 to €18,803
- Trade debts -€5,583
down €5,583 (-90.3%), from €6,179 to €596
- Profit (loss) carried forward +€4,587
up €4,587 (+13.1%), from €34,915 to €39,502
- Gross operating margin +€762
up €762 (+7.4%), from €10,303 to €11,065
- Taxes +€609
up €609 (+93.6%), from €651 to €1,260
- Financial charges +€318
up €318 (+97.4%), from €326 to €644
- Other operating charges -€310
down €310 (-19.8%), from €1,563 to €1,254
- Depreciation +€156
up €156 (+3.7%), from €4,225 to €4,381
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,882 | €78,959 | +€17,078 | +27.6% |
| Fixed assets | 21/28 | €13,423 | €25,927 | +€12,504 | +93.2% |
| Tangible fixed assets | 22/27 | €13,423 | €21,927 | +€8,504 | +63.4% |
| Plant, machinery and equipment | 23 | - | €2,980 | +€2,980 | |
| Furniture and vehicles | 24 | €13,423 | €9,199 | -€4,225 | -31.5% |
| Other tangible fixed assets | 26 | - | €9,748 | +€9,748 | |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €48,458 | €53,032 | +€4,574 | +9.4% |
| Stocks and contracts in progress | 3 | €10,521 | €9,739 | -€781 | -7.4% |
| Stocks | 30/36 | €10,521 | €9,739 | -€781 | -7.4% |
| Amounts receivable within one year | 40/41 | €15,562 | €27,421 | +€11,859 | +76.2% |
| Trade receivables | 40 | €6,090 | - | -€6,090 | |
| Other amounts receivable | 41 | €9,472 | €27,421 | +€17,949 | +189% |
| Cash at bank and in hand | 54/58 | €21,933 | €15,297 | -€6,637 | -30.3% |
| Deferred charges and accrued income | 490/1 | €442 | €575 | +€132 | +29.9% |
| Total equity and liabilities | 10/49 | €61,882 | €78,959 | +€17,078 | +27.6% |
| Equity | 10/15 | €54,177 | €58,763 | +€4,587 | +8.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €669 | €669 | = | 0.0% |
| Non-distributable reserves | 130/1 | €669 | €669 | = | 0.0% |
| Reserves not available under the articles | 1311 | €669 | €669 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,915 | €39,502 | +€4,587 | +13.1% |
| Amounts payable | 17/49 | €7,705 | €20,196 | +€12,491 | +162% |
| Amounts payable within one year | 42/48 | €7,705 | €20,196 | +€12,491 | +162% |
| Trade debts | 44 | €6,179 | €596 | -€5,583 | -90.3% |
| Suppliers | 440/4 | €6,179 | €596 | -€5,583 | -90.3% |
| Taxes, remuneration and social security | 45 | €651 | €797 | +€146 | +22.4% |
| Taxes | 450/3 | €651 | €797 | +€146 | +22.4% |
| Other amounts payable | 47/48 | €875 | €18,803 | +€17,928 | +2,048% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,225 | €4,381 | +€156 | +3.7% |
| Other operating charges | 640/8 | €1,563 | €1,254 | -€310 | -19.8% |
| Gross operating margin | 9900 | €10,303 | €11,065 | +€762 | +7.4% |
| Operating profit (loss) | 9901 | €4,515 | €5,431 | +€916 | +20.3% |
| Financial income | 75/76B | €1,169 | €1,059 | -€110 | -9.4% |
| Recurring financial income | 75 | €1,169 | €1,059 | -€110 | -9.4% |
| Financial charges | 65/66B | €326 | €644 | +€318 | +97.4% |
| Recurring financial charges | 65 | €326 | €644 | +€318 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €5,357 | €5,846 | +€489 | +9.1% |
| Income taxes | 67/77 | €651 | €1,260 | +€609 | +93.6% |
| Profit (loss) for the period | 9904 | €4,707 | €4,587 | -€120 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,707 | €4,587 | -€120 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.