Sainz TopCo: 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.
Sainz TopCo
Largest movements
- Receivables within one year +€11.4m
up €11.4m (+312%), from €3.7m to €15.1m
- Cash -€4.3m
down €4.3m (-89.0%), from €4.8m to €529,475
mainly Receivables within one year (-€11.4m)
- Financial fixed assets -€3.3m
down €3.3m (-1.6%), from €205.0m to €201.7m
- Other debts +€2.8m
up €2.8m (+32.9%), from €8.4m to €11.2m
No income-statement line moved by more than 1% of the activity.
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 | €213,456,163 | €217,295,742 | +€3.8m | +1.8% |
| Fixed assets | 21/28 | €204,965,000 | €201,694,569 | -€3.3m | -1.6% |
| Financial fixed assets | 28 | €204,965,000 | €201,694,569 | -€3.3m | -1.6% |
| Affiliated companies | 280/1 | €204,965,000 | €201,694,569 | -€3.3m | -1.6% |
| Participating interests | 280 | €204,965,000 | €201,694,569 | -€3.3m | -1.6% |
| Current assets | 29/58 | €8,491,163 | €15,601,172 | +€7.1m | +83.7% |
| Amounts receivable within one year | 40/41 | €3,654,345 | €15,071,648 | +€11.4m | +312% |
| Other amounts receivable | 41 | €3,654,345 | €15,071,648 | +€11.4m | +312% |
| Cash at bank and in hand | 54/58 | €4,821,845 | €529,475 | -€4.3m | -89.0% |
| Deferred charges and accrued income | 490/1 | €14,974 | €49 | -€14,925 | -99.7% |
| Total equity and liabilities | 10/49 | €213,456,163 | €217,295,742 | +€3.8m | +1.8% |
| Equity | 10/15 | €205,022,391 | €206,082,486 | +€1.1m | +0.5% |
| Contributions | 10/11 | €205,000,001 | €206,044,106 | +€1.0m | +0.5% |
| Profit (loss) carried forward | 14 | €22,391 | €38,380 | +€15,989 | +71.4% |
| Amounts payable | 17/49 | €8,433,772 | €11,213,256 | +€2.8m | +33.0% |
| Amounts payable within one year | 42/48 | €8,433,772 | €11,209,389 | +€2.8m | +32.9% |
| Trade debts | 44 | €7,563 | €9,389 | +€1,826 | +24.1% |
| Suppliers | 440/4 | €7,563 | €9,389 | +€1,826 | +24.1% |
| Other amounts payable | 47/48 | €8,426,210 | €11,200,000 | +€2.8m | +32.9% |
| Accrued charges and deferred income | 492/3 | - | €3,867 | +€3,867 | |
| Operating charges | 60/66A | €54,091 | €41,158 | -€12,933 | -23.9% |
| Services and other goods | 61 | €9,211 | €40,564 | +€31,353 | +340% |
| Other operating charges | 640/8 | - | €594 | +€594 | |
| Non-recurring operating charges | 66A | €44,880 | - | -€44,880 | |
| Operating profit (loss) | 9901 | -€54,091 | -€41,158 | +€12,933 | +23.9% |
| Financial income | 75/76B | €110,310 | €60,584 | -€49,725 | -45.1% |
| Recurring financial income | 75 | €110,310 | €60,584 | -€49,725 | -45.1% |
| Income from current assets | 751 | €110,310 | €60,584 | -€49,725 | -45.1% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €735 | €4,484 | +€3,749 | +510% |
| Recurring financial charges | 65 | €735 | €4,484 | +€3,749 | +510% |
| Debt charges | 650 | - | €3,867 | +€3,867 | |
| Other financial charges | 652/9 | €735 | €617 | -€118 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €55,484 | €14,942 | -€40,542 | -73.1% |
| Income taxes | 67/77 | €33,093 | -€1,047 | -€34,140 | |
| Taxes | 670/3 | €33,093 | €18,175 | -€14,918 | -45.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €19,222 | +€19,222 | |
| Profit (loss) for the period | 9904 | €22,391 | €15,989 | -€6,402 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,391 | €15,989 | -€6,402 | -28.6% |
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 29 October 2026 via checked.be.