ENDORPHINE.GYM: 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.
ENDORPHINE.GYM
Largest movements
- Tangible fixed assets +€72,450
up €72,450 (+36.5%), from €198,564 to €271,014
of which Other tangible fixed assets: +€36,867
- Cash -€45,612
down €45,612 (-89.5%), from €50,935 to €5,323
mainly Investment in fixed assets (net) (-€85,040) and Receivables within one year (-€5,675)
- Receivables within one year +€5,675
up €5,675 (+18.9%), from €30,032 to €35,707
of which Trade receivables: +€4,997
- Other debts +€27,164
up €27,164 (+22.4%), from €121,140 to €148,304
- Current portion of long-term debt +€7,758
new in 2025: €7,758
- Profit (loss) carried forward -€4,460
down €4,460 (-42.5%), from -€10,499 to -€14,959
- Turnover +€32,280
up €32,280 (+524%), from €6,158 to €38,437
- Gross operating margin +€18,188
up €18,188, from -€2,219 to €15,969
- Purchases and services +€14,092
up €14,092 (+168%), from €8,377 to €22,469
- Depreciation +€8,953
up €8,953 (+181%), from €4,942 to €13,895
- Financial charges +€3,194
up €3,194 (+97.0%), from €3,293 to €6,487
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 | €282,516 | €315,459 | +€32,943 | +11.7% |
| Formation expenses | 20 | €2,985 | €1,680 | -€1,305 | -43.7% |
| Fixed assets | 21/28 | €198,564 | €271,014 | +€72,450 | +36.5% |
| Tangible fixed assets | 22/27 | €198,564 | €271,014 | +€72,450 | +36.5% |
| Land and buildings | 22 | €2,161 | €1,241 | -€920 | -42.6% |
| Plant, machinery and equipment | 23 | €457 | €36,959 | +€36,503 | +7,989% |
| Other tangible fixed assets | 26 | €195,946 | €232,814 | +€36,867 | +18.8% |
| Current assets | 29/58 | €80,967 | €42,765 | -€38,202 | -47.2% |
| Stocks and contracts in progress | 3 | - | €1,329 | +€1,329 | |
| Stocks | 30/36 | - | €1,329 | +€1,329 | |
| Amounts receivable within one year | 40/41 | €30,032 | €35,707 | +€5,675 | +18.9% |
| Trade receivables | 40 | €700 | €5,696 | +€4,997 | +714% |
| Other amounts receivable | 41 | €29,332 | €30,011 | +€678 | +2.3% |
| Cash at bank and in hand | 54/58 | €50,935 | €5,323 | -€45,612 | -89.5% |
| Deferred charges and accrued income | 490/1 | - | €405 | +€405 | |
| Total equity and liabilities | 10/49 | €282,516 | €315,459 | +€32,943 | +11.7% |
| Equity | 10/15 | €24,501 | €20,041 | -€4,460 | -18.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,499 | -€14,959 | -€4,460 | -42.5% |
| Amounts payable | 17/49 | €258,015 | €295,418 | +€37,403 | +14.5% |
| Amounts payable after more than one year | 17 | €136,875 | €137,231 | +€355 | +0.3% |
| Financial debts | 170/4 | €136,875 | €137,231 | +€355 | +0.3% |
| Amounts payable within one year | 42/48 | €121,140 | €158,187 | +€37,047 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,758 | +€7,758 | |
| Trade debts | 44 | - | €2,124 | +€2,124 | |
| Suppliers | 440/4 | - | €2,124 | +€2,124 | |
| Other amounts payable | 47/48 | €121,140 | €148,304 | +€27,164 | +22.4% |
| Turnover | 70 | €6,158 | €38,437 | +€32,280 | +524% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,377 | €22,469 | +€14,092 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,942 | €13,895 | +€8,953 | +181% |
| Other operating charges | 640/8 | €45 | €47 | +€2 | +3.8% |
| Gross operating margin | 9900 | -€2,219 | €15,969 | +€18,188 | |
| Operating profit (loss) | 9901 | -€7,206 | €2,027 | +€9,233 | |
| Financial charges | 65/66B | €3,293 | €6,487 | +€3,194 | +97.0% |
| Recurring financial charges | 65 | €3,293 | €6,487 | +€3,194 | +97.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,499 | -€4,460 | +€6,039 | +57.5% |
| Profit (loss) for the period | 9904 | -€10,499 | -€4,460 | +€6,039 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,499 | -€4,460 | +€6,039 | +57.5% |
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 21 October 2026 via checked.be.