Fial Sport: 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.
Fial Sport
Largest movements
- Receivables after one year +€2.1m
up €2.1m (+83.4%), from €2.5m to €4.6m
- Debts after one year +€2.2m
up €2.2m (+19.6%), from €11.0m to €13.1m
- Profit (loss) carried forward -€180,165
down €180,165 (-2.1%), from -€8.6m to -€8.8m
- Accrued charges and deferred income +€176,338
up €176,338 (+50.7%), from €348,146 to €524,484
- Write-downs -€8.5m
no longer reported in 2025 (was €8.5m)
- Financial income -€101,774
down €101,774 (-92.5%), from €110,027 to €8,254
- Financial charges +€31,751
up €31,751 (+21.9%), from €144,933 to €176,684
- Gross operating margin -€6,945
down €6,945 (-191%), from -€3,641 to -€10,586
- Depreciation -€141
down €141 (-62.3%), from €226 to €85
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 | €2,796,989 | €4,944,128 | +€2.1m | +76.8% |
| Formation expenses | 20 | €85 | - | -€85 | |
| Fixed assets | 21/28 | €232,000 | €232,000 | = | 0.0% |
| Financial fixed assets | 28 | €232,000 | €232,000 | = | 0.0% |
| Current assets | 29/58 | €2,564,904 | €4,712,128 | +€2.1m | +83.7% |
| Amounts receivable after more than one year | 29 | €2,526,508 | €4,634,761 | +€2.1m | +83.4% |
| Other amounts receivable | 291 | €2,526,508 | €4,634,761 | +€2.1m | +83.4% |
| Amounts receivable within one year | 40/41 | €2,546 | €82 | -€2,464 | -96.8% |
| Other amounts receivable | 41 | €2,546 | €82 | -€2,464 | -96.8% |
| Cash at bank and in hand | 54/58 | €35,851 | €77,285 | +€41,434 | +116% |
| Total equity and liabilities | 10/49 | €2,796,989 | €4,944,128 | +€2.1m | +76.8% |
| Equity | 10/15 | -€8,511,157 | -€8,691,322 | -€180,165 | -2.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,572,657 | -€8,752,822 | -€180,165 | -2.1% |
| Amounts payable | 17/49 | €11,308,146 | €13,635,450 | +€2.3m | +20.6% |
| Amounts payable after more than one year | 17 | €10,960,000 | €13,110,000 | +€2.2m | +19.6% |
| Other amounts payable | 178/9 | €10,960,000 | €13,110,000 | +€2.2m | +19.6% |
| Amounts payable within one year | 42/48 | - | €966 | +€966 | |
| Trade debts | 44 | - | €966 | +€966 | |
| Suppliers | 440/4 | - | €966 | +€966 | |
| Accrued charges and deferred income | 492/3 | €348,146 | €524,484 | +€176,338 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226 | €85 | -€141 | -62.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,507,584 | - | -€8.5m | |
| Other operating charges | 640/8 | €1,031 | €1,064 | +€32 | +3.1% |
| Gross operating margin | 9900 | -€3,641 | -€10,586 | -€6,945 | -191% |
| Operating profit (loss) | 9901 | -€8,512,482 | -€11,735 | +€8.5m | +99.9% |
| Financial income | 75/76B | €110,027 | €8,254 | -€101,774 | -92.5% |
| Recurring financial income | 75 | €110,027 | €8,254 | -€101,774 | -92.5% |
| Financial charges | 65/66B | €144,933 | €176,684 | +€31,751 | +21.9% |
| Recurring financial charges | 65 | €144,933 | €176,684 | +€31,751 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,547,387 | -€180,165 | +€8.4m | +97.9% |
| Profit (loss) for the period | 9904 | -€8,547,387 | -€180,165 | +€8.4m | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,547,387 | -€180,165 | +€8.4m | +97.9% |
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 31 October 2026 via checked.be.