LAMADRID DE PABLO: 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.
LAMADRID DE PABLO
Largest movements
- Receivables within one year -€435,127
down €435,127 (-89.9%), from €483,949 to €48,822
of which Trade receivables: -€475,573
- Cash +€121,456
up €121,456 (+101%), from €120,784 to €242,239
mainly Receivables within one year (+€435,127) and Net result for the year (+€131,383)
- Tangible fixed assets -€38,118
down €38,118 (-4.7%), from €817,513 to €779,396
of which Land and buildings: -€22,588
- Other debts -€399,676
no longer reported in 2025 (was €399,676)
- Reserves +€131,383
up €131,383 (+34.7%), from €378,511 to €509,894
of which Distributable reserves: +€131,383
- Debts after one year -€64,869
down €64,869 (-15.4%), from €421,029 to €356,160
- Tax, wage and social debts -€24,511
down €24,511 (-17.1%), from €143,180 to €118,669
- Gross operating margin -€595,697
down €595,697 (-70.0%), from €851,292 to €255,595
- Taxes -€172,821
down €172,821 (-74.0%), from €233,669 to €60,848
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 | €1,428,856 | €1,074,095 | -€354,761 | -24.8% |
| Fixed assets | 21/28 | €817,513 | €779,396 | -€38,118 | -4.7% |
| Tangible fixed assets | 22/27 | €817,513 | €779,396 | -€38,118 | -4.7% |
| Land and buildings | 22 | €547,194 | €524,606 | -€22,588 | -4.1% |
| Furniture and vehicles | 24 | €61,672 | €44,401 | -€17,271 | -28.0% |
| Other tangible fixed assets | 26 | €208,648 | €210,389 | +€1,741 | +0.8% |
| Current assets | 29/58 | €611,343 | €294,700 | -€316,643 | -51.8% |
| Amounts receivable within one year | 40/41 | €483,949 | €48,822 | -€435,127 | -89.9% |
| Trade receivables | 40 | €483,949 | €8,376 | -€475,573 | -98.3% |
| Other amounts receivable | 41 | - | €40,446 | +€40,446 | |
| Cash at bank and in hand | 54/58 | €120,784 | €242,239 | +€121,456 | +101% |
| Deferred charges and accrued income | 490/1 | €6,610 | €3,638 | -€2,972 | -45.0% |
| Total equity and liabilities | 10/49 | €1,428,856 | €1,074,095 | -€354,761 | -24.8% |
| Equity | 10/15 | €397,111 | €528,494 | +€131,383 | +33.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €378,511 | €509,894 | +€131,383 | +34.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €376,651 | €508,034 | +€131,383 | +34.9% |
| Amounts payable | 17/49 | €1,031,745 | €545,601 | -€486,144 | -47.1% |
| Amounts payable after more than one year | 17 | €421,029 | €356,160 | -€64,869 | -15.4% |
| Financial debts | 170/4 | €421,029 | €356,160 | -€64,869 | -15.4% |
| Amounts payable within one year | 42/48 | €610,716 | €189,441 | -€421,275 | -69.0% |
| Current portion of amounts payable after more than one year | 42 | €67,328 | €68,358 | +€1,030 | +1.5% |
| Trade debts | 44 | €533 | €2,415 | +€1,882 | +353% |
| Suppliers | 440/4 | €533 | €2,415 | +€1,882 | +353% |
| Taxes, remuneration and social security | 45 | €143,180 | €118,669 | -€24,511 | -17.1% |
| Taxes | 450/3 | €143,180 | €118,669 | -€24,511 | -17.1% |
| Other amounts payable | 47/48 | €399,676 | - | -€399,676 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,322 | €58,848 | +€526 | +0.9% |
| Other operating charges | 640/8 | €6,488 | €3,615 | -€2,873 | -44.3% |
| Gross operating margin | 9900 | €851,292 | €255,595 | -€595,697 | -70.0% |
| Operating profit (loss) | 9901 | €786,482 | €193,131 | -€593,351 | -75.4% |
| Financial income | 75/76B | - | €6,826 | +€6,826 | |
| Recurring financial income | 75 | - | €6,826 | +€6,826 | |
| Financial charges | 65/66B | €8,348 | €7,726 | -€622 | -7.4% |
| Recurring financial charges | 65 | €8,348 | €7,726 | -€622 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €778,134 | €192,231 | -€585,903 | -75.3% |
| Income taxes | 67/77 | €233,669 | €60,848 | -€172,821 | -74.0% |
| Profit (loss) for the period | 9904 | €544,465 | €131,383 | -€413,082 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €544,465 | €131,383 | -€413,082 | -75.9% |
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.