ClubTec: 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.
ClubTec
Largest movements
- Receivables within one year +€11,913
up €11,913 (+23.7%), from €50,203 to €62,117
of which Trade receivables: +€8,541
- Cash +€8,420
up €8,420 (+545%), from €1,546 to €9,966
mainly Other debts (+€39,427) and Net result for the year (+€25,789)
- Tangible fixed assets +€7,429
up €7,429 (+84.5%), from €8,787 to €16,217
of which Furniture and vehicles: +€6,528
- Other debts +€39,427
up €39,427 (+798%), from €4,941 to €44,368
- Trade debts +€22,608
up €22,608 (+450%), from €5,028 to €27,635
- Profit (loss) carried forward -€18,578
no longer reported in 2025 (was €18,578)
- Tax, wage and social debts -€11,905
down €11,905 (-51.1%), from €23,321 to €11,415
of which Remuneration and social security: -€19,150
- Debts after one year -€2,913
no longer reported in 2025 (was €2,913)
- Gross operating margin +€26,584
up €26,584 (+153%), from €17,330 to €43,914
- Taxes +€6,570
up €6,570 (+639%), from €1,029 to €7,599
- Depreciation -€4,784
down €4,784 (-41.1%), from €11,637 to €6,853
- Financial charges +€1,945
up €1,945 (+178%), from €1,093 to €3,038
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 | €61,012 | €88,831 | +€27,819 | +45.6% |
| Fixed assets | 21/28 | €8,787 | €16,217 | +€7,429 | +84.5% |
| Tangible fixed assets | 22/27 | €8,787 | €16,217 | +€7,429 | +84.5% |
| Plant, machinery and equipment | 23 | - | €902 | +€902 | |
| Furniture and vehicles | 24 | €8,787 | €15,315 | +€6,528 | +74.3% |
| Current assets | 29/58 | €52,225 | €72,615 | +€20,390 | +39.0% |
| Amounts receivable within one year | 40/41 | €50,203 | €62,117 | +€11,913 | +23.7% |
| Trade receivables | 40 | €44,218 | €52,759 | +€8,541 | +19.3% |
| Other amounts receivable | 41 | €5,985 | €9,358 | +€3,372 | +56.3% |
| Cash at bank and in hand | 54/58 | €1,546 | €9,966 | +€8,420 | +545% |
| Deferred charges and accrued income | 490/1 | €476 | €532 | +€56 | +11.8% |
| Total equity and liabilities | 10/49 | €61,012 | €88,831 | +€27,819 | +45.6% |
| Equity | 10/15 | €21,078 | €2,500 | -€18,578 | -88.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,578 | - | -€18,578 | |
| Amounts payable | 17/49 | €39,934 | €86,331 | +€46,397 | +116% |
| Amounts payable after more than one year | 17 | €2,913 | - | -€2,913 | |
| Financial debts | 170/4 | €2,913 | - | -€2,913 | |
| Amounts payable within one year | 42/48 | €37,021 | €86,331 | +€49,310 | +133% |
| Current portion of amounts payable after more than one year | 42 | €3,732 | €2,913 | -€819 | -21.9% |
| Trade debts | 44 | €5,028 | €27,635 | +€22,608 | +450% |
| Suppliers | 440/4 | €5,028 | €27,635 | +€22,608 | +450% |
| Taxes, remuneration and social security | 45 | €23,321 | €11,415 | -€11,905 | -51.1% |
| Taxes | 450/3 | €4,171 | €11,415 | +€7,245 | +174% |
| Remuneration and social security | 454/9 | €19,150 | - | -€19,150 | |
| Other amounts payable | 47/48 | €4,941 | €44,368 | +€39,427 | +798% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,637 | €6,853 | -€4,784 | -41.1% |
| Other operating charges | 640/8 | €708 | €733 | +€25 | +3.6% |
| Gross operating margin | 9900 | €17,330 | €43,914 | +€26,584 | +153% |
| Operating profit (loss) | 9901 | €4,986 | €36,328 | +€31,342 | +629% |
| Financial income | 75/76B | €8 | €99 | +€91 | +1,178% |
| Recurring financial income | 75 | €8 | €99 | +€91 | +1,178% |
| Financial charges | 65/66B | €1,093 | €3,038 | +€1,945 | +178% |
| Recurring financial charges | 65 | €1,093 | €3,038 | +€1,945 | +178% |
| Profit (loss) for the period before taxes | 9903 | €3,900 | €33,388 | +€29,488 | +756% |
| Income taxes | 67/77 | €1,029 | €7,599 | +€6,570 | +639% |
| Profit (loss) for the period | 9904 | €2,871 | €25,789 | +€22,918 | +798% |
| Profit (loss) for the period to be appropriated | 9905 | €2,871 | €25,789 | +€22,918 | +798% |
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 28 October 2026 via checked.be.