AF Tennis Management: what changed
AF Tennis Management
Largest movements
- Intangible fixed assets -€80,000
down €80,000 (-38.7%), from €206,667 to €126,667
- Receivables within one year -€25,111
down €25,111 (-82.7%), from €30,382 to €5,271
of which Other amounts receivable: -€24,134
- Cash +€20,779
up €20,779 (+20.5%), from €101,460 to €122,239
mainly Depreciation (+€80,744) and Receivables within one year (+€25,111)
- Other debts -€40,099
down €40,099 (-35.4%), from €113,334 to €73,234
- Profit (loss) carried forward -€30,279
down €30,279 (-20.4%), from -€148,118 to -€178,398
- Trade debts -€16,987
down €16,987 (-94.7%), from €17,938 to €951
- Turnover +€29,995
up €29,995 (+10.3%), from €290,874 to €320,869
- Gross operating margin +€29,370
up €29,370 (+124%), from €23,706 to €53,076
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 | €339,253 | €254,177 | -€85,076 | -25.1% |
| Fixed assets | 21/28 | €207,411 | €126,667 | -€80,744 | -38.9% |
| Intangible fixed assets | 21 | €206,667 | €126,667 | -€80,000 | -38.7% |
| Tangible fixed assets | 22/27 | €744 | - | -€744 | |
| Furniture and vehicles | 24 | €744 | - | -€744 | |
| Current assets | 29/58 | €131,843 | €127,510 | -€4,332 | -3.3% |
| Amounts receivable within one year | 40/41 | €30,382 | €5,271 | -€25,111 | -82.7% |
| Trade receivables | 40 | €2,333 | €1,355 | -€978 | -41.9% |
| Other amounts receivable | 41 | €28,050 | €3,916 | -€24,134 | -86.0% |
| Cash at bank and in hand | 54/58 | €101,460 | €122,239 | +€20,779 | +20.5% |
| Total equity and liabilities | 10/49 | €339,253 | €254,177 | -€85,076 | -25.1% |
| Equity | 10/15 | -€48,118 | -€78,398 | -€30,279 | -62.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,118 | -€178,398 | -€30,279 | -20.4% |
| Amounts payable | 17/49 | €387,372 | €332,575 | -€54,797 | -14.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,227 | €79,136 | -€58,092 | -42.3% |
| Trade debts | 44 | €17,938 | €951 | -€16,987 | -94.7% |
| Suppliers | 440/4 | €17,938 | €951 | -€16,987 | -94.7% |
| Taxes, remuneration and social security | 45 | €5,955 | €4,950 | -€1,005 | -16.9% |
| Taxes | 450/3 | €5,955 | €4,950 | -€1,005 | -16.9% |
| Other amounts payable | 47/48 | €113,334 | €73,234 | -€40,099 | -35.4% |
| Accrued charges and deferred income | 492/3 | €150,144 | €153,439 | +€3,295 | +2.2% |
| Turnover | 70 | €290,874 | €320,869 | +€29,995 | +10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €267,168 | €267,793 | +€625 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,500 | €80,744 | -€756 | -0.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €23,706 | €53,076 | +€29,370 | +124% |
| Operating profit (loss) | 9901 | -€58,181 | -€28,068 | +€30,113 | +51.8% |
| Financial income | 75/76B | €46 | €1 | -€46 | -98.3% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +56.0% |
| Non-recurring financial income | 76B | €46 | - | -€46 | |
| Financial charges | 65/66B | €4,071 | €2,212 | -€1,859 | -45.7% |
| Recurring financial charges | 65 | €4,071 | €2,212 | -€1,859 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€62,206 | -€30,279 | +€31,927 | +51.3% |
| Profit (loss) for the period | 9904 | -€62,206 | -€30,279 | +€31,927 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,206 | -€30,279 | +€31,927 | +51.3% |
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.