Elite Soccer: 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.
Elite Soccer
Largest movements
- Cash -€27,160
down €27,160 (-19.2%), from €141,125 to €113,966
mainly Investment in fixed assets (net) (-€43,715) and Debts after one year (-€23,444)
- Receivables within one year +€16,031
up €16,031 (+14.4%), from €111,512 to €127,543
of which Other amounts receivable: +€29,174
- Profit (loss) carried forward +€31,073
up €31,073 (+13.2%), from €234,741 to €265,814
- Debts after one year -€23,444
down €23,444 (-32.6%), from €72,000 to €48,556
of which Other amounts payable: -€25,000
- Tax, wage and social debts -€22,356
down €22,356 (-60.7%), from €36,826 to €14,470
of which Taxes: -€19,770
- Current portion of long-term debt +€9,121
new in 2025: €9,121
- Gross operating margin +€58,019
up €58,019 (+30.1%), from €192,518 to €250,537
- Staff costs +€51,374
up €51,374 (+65.7%), from €78,172 to €129,546
- Taxes +€44,830
new in 2025: €44,830
- Depreciation +€12,071
up €12,071 (+40.6%), from €29,752 to €41,823
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 | €367,590 | €358,615 | -€8,975 | -2.4% |
| Fixed assets | 21/28 | €114,952 | €116,845 | +€1,892 | +1.6% |
| Tangible fixed assets | 22/27 | €93,712 | €95,605 | +€1,892 | +2.0% |
| Plant, machinery and equipment | 23 | €72,310 | €49,944 | -€22,367 | -30.9% |
| Furniture and vehicles | 24 | €3,393 | €19,298 | +€15,905 | +469% |
| Other tangible fixed assets | 26 | €18,010 | €26,363 | +€8,354 | +46.4% |
| Financial fixed assets | 28 | €21,240 | €21,240 | = | 0.0% |
| Current assets | 29/58 | €252,637 | €241,770 | -€10,867 | -4.3% |
| Amounts receivable within one year | 40/41 | €111,512 | €127,543 | +€16,031 | +14.4% |
| Trade receivables | 40 | €71,973 | €58,831 | -€13,143 | -18.3% |
| Other amounts receivable | 41 | €39,539 | €68,713 | +€29,174 | +73.8% |
| Cash at bank and in hand | 54/58 | €141,125 | €113,966 | -€27,160 | -19.2% |
| Deferred charges and accrued income | 490/1 | - | €261 | +€261 | |
| Total equity and liabilities | 10/49 | €367,590 | €358,615 | -€8,975 | -2.4% |
| Equity | 10/15 | €254,741 | €285,814 | +€31,073 | +12.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,741 | €265,814 | +€31,073 | +13.2% |
| Amounts payable | 17/49 | €112,848 | €72,801 | -€40,048 | -35.5% |
| Amounts payable after more than one year | 17 | €72,000 | €48,556 | -€23,444 | -32.6% |
| Financial debts | 170/4 | - | €1,556 | +€1,556 | |
| Other amounts payable | 178/9 | €72,000 | €47,000 | -€25,000 | -34.7% |
| Amounts payable within one year | 42/48 | €40,848 | €24,245 | -€16,604 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,121 | +€9,121 | |
| Trade debts | 44 | €4,022 | €654 | -€3,369 | -83.7% |
| Suppliers | 440/4 | €4,022 | €654 | -€3,369 | -83.7% |
| Taxes, remuneration and social security | 45 | €36,826 | €14,470 | -€22,356 | -60.7% |
| Taxes | 450/3 | €20,577 | €807 | -€19,770 | -96.1% |
| Remuneration and social security | 454/9 | €16,249 | €13,663 | -€2,587 | -15.9% |
| Remuneration, social security and pensions | 62 | €78,172 | €129,546 | +€51,374 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,752 | €41,823 | +€12,071 | +40.6% |
| Other operating charges | 640/8 | €1,087 | €2,489 | +€1,402 | +129% |
| Gross operating margin | 9900 | €192,518 | €250,537 | +€58,019 | +30.1% |
| Operating profit (loss) | 9901 | €83,507 | €76,679 | -€6,827 | -8.2% |
| Financial charges | 65/66B | €710 | €777 | +€67 | +9.5% |
| Recurring financial charges | 65 | €710 | €777 | +€67 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €82,797 | €75,902 | -€6,895 | -8.3% |
| Income taxes | 67/77 | - | €44,830 | +€44,830 | |
| Profit (loss) for the period | 9904 | €82,797 | €31,073 | -€51,724 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,797 | €31,073 | -€51,724 | -62.5% |
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 20 October 2026 via checked.be.