FORWARD SPORTS: what changed
FORWARD SPORTS
Largest movements
- Receivables within one year +€23,334
up €23,334 (+36.5%), from €63,998 to €87,332
of which Trade receivables: +€18,389
- Tangible fixed assets -€10,190
down €10,190 (-12.3%), from €82,794 to €72,604
of which Other tangible fixed assets: -€10,626
- Other debts +€28,394
up €28,394 (+51.1%), from €55,580 to €83,975
- Profit (loss) carried forward -€8,682
down €8,682 (-36.6%), from -€23,711 to -€32,394
- Debts after one year -€8,205
down €8,205 (-12.5%), from €65,578 to €57,373
- Current portion of long-term debt +€3,033
up €3,033 (+19.8%), from €15,286 to €18,319
- Trade debts -€2,111
down €2,111 (-22.1%), from €9,541 to €7,430
- Other operating charges -€16,349
down €16,349 (-99.3%), from €16,469 to €120
- Financial income -€4,483
down €4,483 (-100.0%), from €4,483 to €0
- Gross operating margin +€1,079
up €1,079 (+20.1%), from €5,362 to €6,441
- Depreciation -€1,075
down €1,075 (-8.3%), from €12,871 to €11,796
- Taxes -€524
no longer reported in 2025 (was €524)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,350 | €163,779 | +€12,429 | +8.2% |
| Fixed assets | 21/28 | €84,038 | €73,848 | -€10,190 | -12.1% |
| Tangible fixed assets | 22/27 | €82,794 | €72,604 | -€10,190 | -12.3% |
| Furniture and vehicles | 24 | €1,401 | €1,837 | +€436 | +31.1% |
| Other tangible fixed assets | 26 | €81,393 | €70,767 | -€10,626 | -13.1% |
| Financial fixed assets | 28 | €1,244 | €1,244 | = | 0.0% |
| Current assets | 29/58 | €67,312 | €89,930 | +€22,619 | +33.6% |
| Amounts receivable within one year | 40/41 | €63,998 | €87,332 | +€23,334 | +36.5% |
| Trade receivables | 40 | €61,870 | €80,258 | +€18,389 | +29.7% |
| Other amounts receivable | 41 | €2,128 | €7,073 | +€4,945 | +232% |
| Cash at bank and in hand | 54/58 | €3,314 | €2,511 | -€803 | -24.2% |
| Deferred charges and accrued income | 490/1 | - | €88 | +€88 | |
| Total equity and liabilities | 10/49 | €151,350 | €163,779 | +€12,429 | +8.2% |
| Equity | 10/15 | -€17,511 | -€26,194 | -€8,682 | -49.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,711 | -€32,394 | -€8,682 | -36.6% |
| Amounts payable | 17/49 | €168,861 | €189,972 | +€21,111 | +12.5% |
| Amounts payable after more than one year | 17 | €65,578 | €57,373 | -€8,205 | -12.5% |
| Financial debts | 170/4 | €65,578 | €57,373 | -€8,205 | -12.5% |
| Amounts payable within one year | 42/48 | €103,283 | €132,599 | +€29,316 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €15,286 | €18,319 | +€3,033 | +19.8% |
| Trade debts | 44 | €9,541 | €7,430 | -€2,111 | -22.1% |
| Suppliers | 440/4 | €9,541 | €7,430 | -€2,111 | -22.1% |
| Taxes, remuneration and social security | 45 | €22,875 | €22,875 | = | 0.0% |
| Taxes | 450/3 | €22,875 | €22,875 | = | 0.0% |
| Other amounts payable | 47/48 | €55,580 | €83,975 | +€28,394 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,871 | €11,796 | -€1,075 | -8.3% |
| Other operating charges | 640/8 | €16,469 | €120 | -€16,349 | -99.3% |
| Gross operating margin | 9900 | €5,362 | €6,441 | +€1,079 | +20.1% |
| Operating profit (loss) | 9901 | -€23,978 | -€5,476 | +€18,503 | +77.2% |
| Financial income | 75/76B | €4,483 | €0 | -€4,483 | -100.0% |
| Recurring financial income | 75 | €4,483 | €0 | -€4,483 | -100.0% |
| Financial charges | 65/66B | €3,035 | €3,207 | +€171 | +5.6% |
| Recurring financial charges | 65 | €3,035 | €3,207 | +€171 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,531 | -€8,682 | +€13,849 | +61.5% |
| Income taxes | 67/77 | €524 | - | -€524 | |
| Profit (loss) for the period | 9904 | -€23,055 | -€8,682 | +€14,373 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,055 | -€8,682 | +€14,373 | +62.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.