Antwerp Padel: 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.
Antwerp Padel
Largest movements
- Tangible fixed assets +€74,425
up €74,425 (+39.6%), from €187,802 to €262,227
of which Land and buildings: +€74,915
- Receivables within one year +€37,512
up €37,512 (+121%), from €31,056 to €68,568
of which Trade receivables: +€23,861
- Intangible fixed assets +€15,104
up €15,104 (+61.4%), from €24,608 to €39,712
- Cash +€11,253
up €11,253 (+7.0%), from €161,631 to €172,884
mainly Net result for the year (+€112,795) and Depreciation (+€21,790)
- Profit (loss) carried forward +€112,795
up €112,795 (+70.9%), from €159,149 to €271,945
- Current portion of long-term debt +€17,467
up €17,467 (+55.8%), from €31,311 to €48,778
- Tax, wage and social debts +€11,388
up €11,388 (+74.8%), from €15,226 to €26,615
- Trade debts +€6,043
up €6,043 (+212%), from €2,844 to €8,887
- Gross operating margin +€111,677
up €111,677 (+140%), from €79,750 to €191,427
- Taxes +€23,010
up €23,010 (+173%), from €13,338 to €36,348
- Depreciation +€12,837
up €12,837 (+143%), from €8,953 to €21,790
- Other operating charges +€4,934
up €4,934 (+554%), from €891 to €5,825
- Financial charges +€4,584
up €4,584 (+45.5%), from €10,084 to €14,668
of which Financial charges: +€3,084
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 | €438,731 | €578,809 | +€140,078 | +31.9% |
| Fixed assets | 21/28 | €213,910 | €301,939 | +€88,029 | +41.2% |
| Intangible fixed assets | 21 | €24,608 | €39,712 | +€15,104 | +61.4% |
| Tangible fixed assets | 22/27 | €187,802 | €262,227 | +€74,425 | +39.6% |
| Land and buildings | 22 | €183,608 | €258,523 | +€74,915 | +40.8% |
| Plant, machinery and equipment | 23 | €960 | €833 | -€127 | -13.2% |
| Furniture and vehicles | 24 | €3,233 | €2,871 | -€362 | -11.2% |
| Financial fixed assets | 28 | €1,500 | €0 | -€1,500 | -100% |
| Current assets | 29/58 | €224,821 | €276,870 | +€52,049 | +23.2% |
| Amounts receivable after more than one year | 29 | €17,500 | €17,500 | = | 0.0% |
| Other amounts receivable | 291 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,056 | €68,568 | +€37,512 | +121% |
| Trade receivables | 40 | €9,876 | €33,737 | +€23,861 | +242% |
| Other amounts receivable | 41 | €21,180 | €34,830 | +€13,651 | +64.5% |
| Current investments | 50/53 | €14,634 | €13,777 | -€857 | -5.9% |
| Cash at bank and in hand | 54/58 | €161,631 | €172,884 | +€11,253 | +7.0% |
| Deferred charges and accrued income | 490/1 | - | €4,142 | +€4,142 | |
| Total equity and liabilities | 10/49 | €438,731 | €578,809 | +€140,078 | +31.9% |
| Equity | 10/15 | €161,149 | €273,945 | +€112,795 | +70.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,149 | €271,945 | +€112,795 | +70.9% |
| Amounts payable | 17/49 | €277,581 | €304,865 | +€27,283 | +9.8% |
| Amounts payable after more than one year | 17 | €182,434 | €177,468 | -€4,966 | -2.7% |
| Financial debts | 170/4 | €182,434 | €177,468 | -€4,966 | -2.7% |
| Amounts payable within one year | 42/48 | €95,148 | €127,397 | +€32,249 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €31,311 | €48,778 | +€17,467 | +55.8% |
| Trade debts | 44 | €2,844 | €8,887 | +€6,043 | +212% |
| Suppliers | 440/4 | €2,844 | €8,887 | +€6,043 | +212% |
| Advances received on contracts in progress | 46 | €3,483 | €0 | -€3,483 | -100% |
| Taxes, remuneration and social security | 45 | €15,226 | €26,615 | +€11,388 | +74.8% |
| Taxes | 450/3 | €15,226 | €26,615 | +€11,388 | +74.8% |
| Other amounts payable | 47/48 | €42,283 | €43,117 | +€834 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,953 | €21,790 | +€12,837 | +143% |
| Other operating charges | 640/8 | €891 | €5,825 | +€4,934 | +554% |
| Gross operating margin | 9900 | €79,750 | €191,427 | +€111,677 | +140% |
| Operating profit (loss) | 9901 | €69,905 | €163,811 | +€93,905 | +134% |
| Financial income | 75/76B | €643 | €0 | -€643 | -100.0% |
| Recurring financial income | 75 | €643 | €0 | -€643 | -100.0% |
| Financial charges | 65/66B | €10,084 | €14,668 | +€4,584 | +45.5% |
| Recurring financial charges | 65 | €10,084 | €13,168 | +€3,084 | +30.6% |
| Non-recurring financial charges | 66B | - | €1,500 | +€1,500 | |
| Profit (loss) for the period before taxes | 9903 | €60,465 | €149,143 | +€88,679 | +147% |
| Income taxes | 67/77 | €13,338 | €36,348 | +€23,010 | +173% |
| Profit (loss) for the period | 9904 | €47,127 | €112,795 | +€65,669 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €47,127 | €112,795 | +€65,669 | +139% |
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 30 October 2026 via checked.be.