TARAHUMARA: what changed
TARAHUMARA
Largest movements
- Tangible fixed assets +€28,898
new in 2025: €28,898
of which Plant, machinery and equipment: +€21,466
- Intangible fixed assets +€20,700
new in 2025: €20,700
- Cash +€18,794
up €18,794 (+6,149%), from €306 to €19,099
mainly Debts after one year (+€64,500) and Trade debts (+€19,405)
- Receivables within one year +€7,026
up €7,026 (+254,548%), from €3 to €7,028
of which Trade receivables: +€4,487
- Debts after one year +€64,500
up €64,500 (+341%), from €18,900 to €83,400
- Trade debts +€19,405
new in 2025: €19,405
- Profit (loss) carried forward -€10,092
down €10,092 (-11.8%), from -€85,757 to -€95,849
- Other debts +€1,371
up €1,371 (+50.7%), from €2,703 to €4,074
- Depreciation +€7,971
new in 2025: €7,971
- Financial charges +€1,113
up €1,113 (+208%), from €536 to €1,649
- Gross operating margin +€112
up €112, from €0 to €112
- Financial income -€81
no longer reported in 2025 (was €81)
- Taxes -€39
down €39 (-525%), from -€8 to -€47
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,580 | €77,153 | +€75,573 | +4,782% |
| Fixed assets | 21/28 | - | €49,598 | +€49,598 | |
| Intangible fixed assets | 21 | - | €20,700 | +€20,700 | |
| Tangible fixed assets | 22/27 | - | €28,898 | +€28,898 | |
| Plant, machinery and equipment | 23 | - | €21,466 | +€21,466 | |
| Furniture and vehicles | 24 | - | €7,432 | +€7,432 | |
| Current assets | 29/58 | €1,580 | €27,555 | +€25,975 | +1,644% |
| Amounts receivable within one year | 40/41 | €3 | €7,028 | +€7,026 | +254,548% |
| Trade receivables | 40 | - | €4,487 | +€4,487 | |
| Other amounts receivable | 41 | €3 | €2,541 | +€2,539 | +91,976% |
| Current investments | 50/53 | €1,272 | €1,272 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €306 | €19,099 | +€18,794 | +6,149% |
| Deferred charges and accrued income | 490/1 | - | €156 | +€156 | |
| Total equity and liabilities | 10/49 | €1,580 | €77,153 | +€75,573 | +4,782% |
| Equity | 10/15 | -€20,410 | -€30,502 | -€10,092 | -49.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €3,373 | €3,373 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €873 | €873 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,757 | -€95,849 | -€10,092 | -11.8% |
| Amounts payable | 17/49 | €21,991 | €107,655 | +€85,665 | +390% |
| Amounts payable after more than one year | 17 | €18,900 | €83,400 | +€64,500 | +341% |
| Financial debts | 170/4 | €18,900 | €83,400 | +€64,500 | +341% |
| Amounts payable within one year | 42/48 | €2,703 | €23,656 | +€20,952 | +775% |
| Trade debts | 44 | - | €19,405 | +€19,405 | |
| Suppliers | 440/4 | - | €19,405 | +€19,405 | |
| Taxes, remuneration and social security | 45 | - | €177 | +€177 | |
| Taxes | 450/3 | - | €177 | +€177 | |
| Other amounts payable | 47/48 | €2,703 | €4,074 | +€1,371 | +50.7% |
| Accrued charges and deferred income | 492/3 | €387 | €600 | +€212 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,971 | +€7,971 | |
| Other operating charges | 640/8 | €659 | €632 | -€27 | -4.2% |
| Gross operating margin | 9900 | €0 | €112 | +€112 | |
| Operating profit (loss) | 9901 | -€659 | -€8,490 | -€7,831 | -1,188% |
| Financial income | 75/76B | €81 | - | -€81 | |
| Recurring financial income | 75 | €81 | - | -€81 | |
| Financial charges | 65/66B | €536 | €1,649 | +€1,113 | +208% |
| Recurring financial charges | 65 | €536 | €1,649 | +€1,113 | +208% |
| Profit (loss) for the period before taxes | 9903 | -€1,114 | -€10,139 | -€9,025 | -810% |
| Income taxes | 67/77 | -€8 | -€47 | -€39 | -525% |
| Profit (loss) for the period | 9904 | -€1,106 | -€10,092 | -€8,986 | -812% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,106 | -€10,092 | -€8,986 | -812% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.