ATHLETE-IDENTITY: 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.
ATHLETE-IDENTITY
Largest movements
- Receivables within one year -€16,625
down €16,625 (-67.7%), from €24,545 to €7,920
of which Trade receivables: -€17,217
- Tangible fixed assets -€4,705
down €4,705 (-56.8%), from €8,283 to €3,578
of which Plant, machinery and equipment: -€3,467
- Intangible fixed assets -€3,246
down €3,246 (-12.3%), from €26,437 to €23,191
- Cash -€1,489
down €1,489 (-68.1%), from €2,187 to €698
mainly Net result for the year (-€16,883) and Trade debts (-€10,927)
- Deferred charges and accrued income -€746
down €746 (-67.1%), from €1,111 to €365
- Profit (loss) carried forward -€16,883
down €16,883 (-284%), from -€5,943 to -€22,827
- Trade debts -€10,927
down €10,927 (-39.4%), from €27,726 to €16,799
- Other debts +€3,216
up €3,216 (+15.1%), from €21,232 to €24,447
- Tax, wage and social debts -€2,216
down €2,216 (-84.4%), from €2,627 to €411
- Gross operating margin -€28,362
down €28,362, from €20,564 to -€7,799
- Staff costs -€8,955
no longer reported in 2025 (was €8,955)
- Depreciation -€1,954
down €1,954 (-19.7%), from €9,905 to €7,951
- Financial charges -€486
down €486 (-72.5%), from €670 to €184
- Other operating charges +€330
up €330 (+53.2%), from €620 to €949
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 | €62,563 | €35,752 | -€26,811 | -42.9% |
| Fixed assets | 21/28 | €34,720 | €26,769 | -€7,951 | -22.9% |
| Intangible fixed assets | 21 | €26,437 | €23,191 | -€3,246 | -12.3% |
| Tangible fixed assets | 22/27 | €8,283 | €3,578 | -€4,705 | -56.8% |
| Plant, machinery and equipment | 23 | €7,045 | €3,578 | -€3,467 | -49.2% |
| Furniture and vehicles | 24 | €1,238 | - | -€1,238 | |
| Current assets | 29/58 | €27,843 | €8,983 | -€18,860 | -67.7% |
| Amounts receivable within one year | 40/41 | €24,545 | €7,920 | -€16,625 | -67.7% |
| Trade receivables | 40 | €24,195 | €6,978 | -€17,217 | -71.2% |
| Other amounts receivable | 41 | €350 | €942 | +€592 | +169% |
| Cash at bank and in hand | 54/58 | €2,187 | €698 | -€1,489 | -68.1% |
| Deferred charges and accrued income | 490/1 | €1,111 | €365 | -€746 | -67.1% |
| Total equity and liabilities | 10/49 | €62,563 | €35,752 | -€26,811 | -42.9% |
| Equity | 10/15 | €10,979 | -€5,904 | -€16,883 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,522 | €4,522 | = | 0.0% |
| Distributable reserves | 133 | €4,522 | €4,522 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,943 | -€22,827 | -€16,883 | -284% |
| Amounts payable | 17/49 | €51,584 | €41,656 | -€9,928 | -19.2% |
| Amounts payable within one year | 42/48 | €51,584 | €41,656 | -€9,928 | -19.2% |
| Trade debts | 44 | €27,726 | €16,799 | -€10,927 | -39.4% |
| Suppliers | 440/4 | €27,726 | €16,799 | -€10,927 | -39.4% |
| Taxes, remuneration and social security | 45 | €2,627 | €411 | -€2,216 | -84.4% |
| Taxes | 450/3 | €2,627 | €411 | -€2,216 | -84.4% |
| Other amounts payable | 47/48 | €21,232 | €24,447 | +€3,216 | +15.1% |
| Non-recurring operating income | 76A | - | €2,720 | +€2,720 | |
| Remuneration, social security and pensions | 62 | €8,955 | - | -€8,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,905 | €7,951 | -€1,954 | -19.7% |
| Other operating charges | 640/8 | €620 | €949 | +€330 | +53.2% |
| Gross operating margin | 9900 | €20,564 | -€7,799 | -€28,362 | |
| Operating profit (loss) | 9901 | €1,083 | -€16,699 | -€17,783 | |
| Financial income | 75/76B | €301 | - | -€301 | |
| Recurring financial income | 75 | €301 | - | -€301 | |
| Financial charges | 65/66B | €670 | €184 | -€486 | -72.5% |
| Recurring financial charges | 65 | €670 | €184 | -€486 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €714 | -€16,883 | -€17,597 | |
| Profit (loss) for the period | 9904 | €714 | -€16,883 | -€17,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €714 | -€16,883 | -€17,597 |
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 26 October 2026 via checked.be.