BLACK OAK: what changed
Two fiscal 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.
What changed
BLACK OAK
NACE 93.130, Fitness centres
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,726
2024 · €7,510-€10,236
Equity
€97,521
2024 · €127,999-€30,478
Cash
€43,226
2024 · €46,871-€3,645
Balance sheet total
€376,290
2024 · €415,193-€38,902
Largest movements
Assets
- Tangible fixed assets -€38,392
down €38,392 (-11.1%), from €345,743 to €307,351
Equity and liabilities
- Reserves -€27,753
down €27,753 (-22.8%), from €121,799 to €94,047
- Debts after one year -€24,811
down €24,811 (-10.7%), from €232,288 to €207,477
- Other debts +€23,185
up €23,185 (+179.4%), from €12,927 to €36,112
- Tax, wage and social debts -€8,131
down €8,131 (-91.0%), from €8,933 to €802
of which Taxes: -€6,715
Income statement
- Financial charges +€17,105
up €17,105 (+178.4%), from €9,590 to €26,695
- Staff costs -€11,610
down €11,610 (-73.8%), from €15,730 to €4,120
- Gross operating margin -€3,679
down €3,679 (-4.4%), from €83,197 to €79,518
- Taxes +€1,636
up €1,636 (+39.0%), from €4,194 to €5,830
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.
Result 2024
€7,510
Gross operating margin
-€3,679
Staff costs
+€11,610
Depreciation
+€282
Other operating charges
-€106
Financial income
+€398
Financial charges
-€17,105
Taxes
-€1,636
Result 2025
-€2,726
Cash bridge derived
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.
From operations
+€49,638
Investment
-€1,818
Financing
-€51,465
Cash 2024
€46,871
From operations (derived)
+€49,638
Net result for the year
-€2,726
Depreciation
+€41,226
Stocks and contracts
+€2,209
Receivables within one year
-€3,566
Deferred charges and accrued income
-€2,794
Trade debts
+€249
Tax, wage and social debts
-€8,131
Other debts
+€23,185
Accrued charges and deferred income
-€14
Investment (derived)
-€1,818
Investment in fixed assets (net)
-€2,834
Current investments
+€1,016
Financing
-€51,465
Debts after one year
-€24,811
Current portion of long-term debt
+€424
Short-term financial debts
+€675
Contributions, distributions and other
-€27,753
Cash 2025
€43,226
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,193 | €376,290 | -€38,902 | -9.4% |
| Fixed assets | 21/28 | €345,743 | €307,351 | -€38,392 | -11.1% |
| Tangible fixed assets | 22/27 | €345,743 | €307,351 | -€38,392 | -11.1% |
| Land and buildings | 22 | €261,915 | €243,207 | -€18,708 | -7.1% |
| Plant, machinery and equipment | 23 | €13,344 | €11,351 | -€1,993 | -14.9% |
| Furniture and vehicles | 24 | €44,193 | €32,718 | -€11,476 | -26.0% |
| Other tangible fixed assets | 26 | €26,290 | €20,076 | -€6,214 | -23.6% |
| Current assets | 29/58 | €69,450 | €68,939 | -€511 | -0.7% |
| Stocks and contracts in progress | 3 | €6,261 | €4,052 | -€2,209 | -35.3% |
| Stocks | 30/36 | €6,261 | €4,052 | -€2,209 | -35.3% |
| Amounts receivable within one year | 40/41 | €7,572 | €11,137 | +€3,566 | +47.1% |
| Trade receivables | 40 | €1,766 | €4,069 | +€2,303 | +130.4% |
| Other amounts receivable | 41 | €5,806 | €7,068 | +€1,263 | +21.7% |
| Current investments | 50/53 | €8,092 | €7,076 | -€1,016 | -12.6% |
| Cash at bank and in hand | 54/58 | €46,871 | €43,226 | -€3,645 | -7.8% |
| Deferred charges and accrued income | 490/1 | €654 | €3,448 | +€2,794 | +427.3% |
| Total equity and liabilities | 10/49 | €415,193 | €376,290 | -€38,902 | -9.4% |
| Equity | 10/15 | €127,999 | €97,521 | -€30,478 | -23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,799 | €94,047 | -€27,753 | -22.8% |
| Distributable reserves | 133 | €121,799 | €94,047 | -€27,753 | -22.8% |
| Profit (loss) carried forward | 14 | €0 | -€2,726 | -€2,726 | |
| Amounts payable | 17/49 | €287,193 | €278,769 | -€8,424 | -2.9% |
| Amounts payable after more than one year | 17 | €232,288 | €207,477 | -€24,811 | -10.7% |
| Financial debts | 170/4 | €232,288 | €207,477 | -€24,811 | -10.7% |
| Amounts payable within one year | 42/48 | €54,607 | €71,009 | +€16,401 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €24,388 | €24,811 | +€424 | +1.7% |
| Financial debts | 43 | €0 | €675 | +€675 | |
| Credit institutions | 430/8 | €0 | €675 | +€675 | |
| Trade debts | 44 | €8,359 | €8,609 | +€249 | +3.0% |
| Suppliers | 440/4 | €8,359 | €8,609 | +€249 | +3.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,933 | €802 | -€8,131 | -91.0% |
| Taxes | 450/3 | €6,715 | €0 | -€6,715 | -100.0% |
| Remuneration and social security | 454/9 | €2,219 | €802 | -€1,417 | -63.9% |
| Other amounts payable | 47/48 | €12,927 | €36,112 | +€23,185 | +179.4% |
| Accrued charges and deferred income | 492/3 | €298 | €284 | -€14 | -4.6% |
| Non-recurring operating income | 76A | €5,066 | €0 | -€5,066 | -100.0% |
| Remuneration, social security and pensions | 62 | €15,730 | €4,120 | -€11,610 | -73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,507 | €41,226 | -€282 | -0.7% |
| Other operating charges | 640/8 | €4,680 | €4,786 | +€106 | +2.3% |
| Gross operating margin | 9900 | €83,197 | €79,518 | -€3,679 | -4.4% |
| Operating profit (loss) | 9901 | €21,280 | €29,386 | +€8,107 | +38.1% |
| Financial income | 75/76B | €15 | €414 | +€398 | +2603.6% |
| Recurring financial income | 75 | €15 | €414 | +€398 | +2603.6% |
| Financial charges | 65/66B | €9,590 | €26,695 | +€17,105 | +178.4% |
| Recurring financial charges | 65 | €9,590 | €26,695 | +€17,105 | +178.4% |
| Profit (loss) for the period before taxes | 9903 | €11,705 | €3,105 | -€8,600 | -73.5% |
| Income taxes | 67/77 | €4,194 | €5,830 | +€1,636 | +39.0% |
| Profit (loss) for the period | 9904 | €7,510 | -€2,726 | -€10,236 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,510 | -€2,726 | -€10,236 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.