BELSPORTSHOP: what changed
BELSPORTSHOP
Largest movements
- Cash -€17,284
down €17,284 (-84.5%), from €20,448 to €3,164
mainly Net result for the year (-€101,701) and Receivables within one year (-€13,780)
- Receivables within one year +€13,780
up €13,780 (+88.0%), from €15,655 to €29,435
of which Trade receivables: +€11,831
- Stocks and contracts +€12,500
up €12,500 (+38.2%), from €32,746 to €45,246
- Tangible fixed assets -€5,530
down €5,530 (-24.9%), from €22,185 to €16,655
of which Furniture and vehicles: -€5,041
- Profit (loss) carried forward -€101,701
down €101,701, from €12,244 to -€89,457
- Other debts +€72,785
up €72,785 (+216%), from €33,752 to €106,537
- Trade debts +€18,216
up €18,216 (+2,076%), from €878 to €19,094
- Tax, wage and social debts +€17,554
up €17,554 (+168%), from €10,468 to €28,023
of which Remuneration and social security: +€21,722
- Debts after one year -€4,251
down €4,251 (-27.7%), from €15,359 to €11,108
- Gross operating margin -€62,010
down €62,010, from €23,016 to -€38,994
- Staff costs -€19,140
down €19,140 (-26.1%), from €73,229 to €54,090
- Depreciation +€1,950
up €1,950 (+54.5%), from €3,580 to €5,530
- Financial charges +€1,084
up €1,084 (+80.8%), from €1,343 to €2,427
- Other operating charges -€555
down €555 (-51.8%), from €1,071 to €516
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,454 | €100,015 | +€2,561 | +2.6% |
| Fixed assets | 21/28 | €27,404 | €21,874 | -€5,530 | -20.2% |
| Tangible fixed assets | 22/27 | €22,185 | €16,655 | -€5,530 | -24.9% |
| Plant, machinery and equipment | 23 | €823 | €425 | -€398 | -48.3% |
| Furniture and vehicles | 24 | €21,180 | €16,139 | -€5,041 | -23.8% |
| Other tangible fixed assets | 26 | €182 | €91 | -€91 | -50.0% |
| Financial fixed assets | 28 | €5,219 | €5,219 | = | 0.0% |
| Current assets | 29/58 | €70,050 | €78,141 | +€8,091 | +11.6% |
| Stocks and contracts in progress | 3 | €32,746 | €45,246 | +€12,500 | +38.2% |
| Stocks | 30/36 | €32,746 | €45,246 | +€12,500 | +38.2% |
| Amounts receivable within one year | 40/41 | €15,655 | €29,435 | +€13,780 | +88.0% |
| Trade receivables | 40 | €13,683 | €25,514 | +€11,831 | +86.5% |
| Other amounts receivable | 41 | €1,972 | €3,921 | +€1,949 | +98.8% |
| Cash at bank and in hand | 54/58 | €20,448 | €3,164 | -€17,284 | -84.5% |
| Deferred charges and accrued income | 490/1 | €1,200 | €296 | -€905 | -75.4% |
| Total equity and liabilities | 10/49 | €97,454 | €100,015 | +€2,561 | +2.6% |
| Equity | 10/15 | €32,704 | -€68,997 | -€101,701 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,244 | -€89,457 | -€101,701 | |
| Amounts payable | 17/49 | €64,750 | €169,012 | +€104,263 | +161% |
| Amounts payable after more than one year | 17 | €15,359 | €11,108 | -€4,251 | -27.7% |
| Financial debts | 170/4 | €15,359 | €11,108 | -€4,251 | -27.7% |
| Amounts payable within one year | 42/48 | €49,391 | €157,904 | +€108,513 | +220% |
| Current portion of amounts payable after more than one year | 42 | €4,293 | €4,251 | -€42 | -1.0% |
| Trade debts | 44 | €878 | €19,094 | +€18,216 | +2,076% |
| Suppliers | 440/4 | €878 | €19,094 | +€18,216 | +2,076% |
| Taxes, remuneration and social security | 45 | €10,468 | €28,023 | +€17,554 | +168% |
| Taxes | 450/3 | €5,153 | €985 | -€4,168 | -80.9% |
| Remuneration and social security | 454/9 | €5,315 | €27,037 | +€21,722 | +409% |
| Other amounts payable | 47/48 | €33,752 | €106,537 | +€72,785 | +216% |
| Non-recurring operating income | 76A | €5,702 | - | -€5,702 | |
| Remuneration, social security and pensions | 62 | €73,229 | €54,090 | -€19,140 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €5,530 | +€1,950 | +54.5% |
| Other operating charges | 640/8 | €1,071 | €516 | -€555 | -51.8% |
| Non-recurring operating charges | 66A | €86 | €145 | +€59 | +68.6% |
| Gross operating margin | 9900 | €23,016 | -€38,994 | -€62,010 | |
| Operating profit (loss) | 9901 | -€54,951 | -€99,275 | -€44,324 | -80.7% |
| Financial charges | 65/66B | €1,343 | €2,427 | +€1,084 | +80.8% |
| Recurring financial charges | 65 | €1,343 | €2,427 | +€1,084 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,293 | -€101,701 | -€45,408 | -80.7% |
| Profit (loss) for the period | 9904 | -€56,293 | -€101,701 | -€45,408 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,293 | -€101,701 | -€45,408 | -80.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.