G3 PADEL: 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.
G3 PADEL
Largest movements
- Cash +€21,115
up €21,115 (+60.0%), from €35,203 to €56,318
mainly Receivables within one year (+€8,628) and Trade debts (+€6,673)
- Receivables within one year -€8,628
down €8,628 (-22.2%), from €38,848 to €30,219
of which Trade receivables: -€6,305
- Trade debts +€6,673
up €6,673 (+12.7%), from €52,719 to €59,392
- Profit (loss) carried forward +€4,580
up €4,580 (+29.8%), from €15,350 to €19,931
- Tax, wage and social debts +€1,314
up €1,314 (+11.7%), from €11,279 to €12,593
of which Remuneration and social security: +€2,342
- Gross operating margin +€9,893
up €9,893 (+21.3%), from €46,524 to €56,417
- Taxes +€3,826
up €3,826 (+434%), from €882 to €4,708
- Staff costs -€2,969
down €2,969 (-6.7%), from €44,095 to €41,126
- Financial charges +€1,703
up €1,703 (+66.2%), from €2,574 to €4,277
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 | €81,749 | €94,316 | +€12,567 | +15.4% |
| Fixed assets | 21/28 | €2,248 | €2,329 | +€81 | +3.6% |
| Tangible fixed assets | 22/27 | €2,248 | €2,329 | +€81 | +3.6% |
| Plant, machinery and equipment | 23 | €1,067 | €653 | -€414 | -38.8% |
| Other tangible fixed assets | 26 | €1,180 | €1,676 | +€495 | +42.0% |
| Current assets | 29/58 | €79,501 | €91,987 | +€12,486 | +15.7% |
| Stocks and contracts in progress | 3 | €5,450 | €5,450 | = | 0.0% |
| Stocks | 30/36 | €5,450 | €5,450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,848 | €30,219 | -€8,628 | -22.2% |
| Trade receivables | 40 | €32,988 | €26,683 | -€6,305 | -19.1% |
| Other amounts receivable | 41 | €5,860 | €3,536 | -€2,324 | -39.7% |
| Cash at bank and in hand | 54/58 | €35,203 | €56,318 | +€21,115 | +60.0% |
| Total equity and liabilities | 10/49 | €81,749 | €94,316 | +€12,567 | +15.4% |
| Equity | 10/15 | €17,750 | €22,331 | +€4,580 | +25.8% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,350 | €19,931 | +€4,580 | +29.8% |
| Amounts payable | 17/49 | €63,999 | €71,986 | +€7,987 | +12.5% |
| Amounts payable within one year | 42/48 | €63,999 | €71,986 | +€7,987 | +12.5% |
| Trade debts | 44 | €52,719 | €59,392 | +€6,673 | +12.7% |
| Suppliers | 440/4 | €52,719 | €59,392 | +€6,673 | +12.7% |
| Taxes, remuneration and social security | 45 | €11,279 | €12,593 | +€1,314 | +11.7% |
| Taxes | 450/3 | €6,396 | €5,369 | -€1,028 | -16.1% |
| Remuneration and social security | 454/9 | €4,883 | €7,224 | +€2,342 | +48.0% |
| Remuneration, social security and pensions | 62 | €44,095 | €41,126 | -€2,969 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €1,040 | +€168 | +19.3% |
| Other operating charges | 640/8 | €474 | €749 | +€275 | +58.0% |
| Gross operating margin | 9900 | €46,524 | €56,417 | +€9,893 | +21.3% |
| Operating profit (loss) | 9901 | €1,083 | €13,503 | +€12,419 | +1,146% |
| Financial income | 75/76B | €4 | €62 | +€59 | +1,581% |
| Recurring financial income | 75 | €4 | €62 | +€59 | +1,581% |
| Financial charges | 65/66B | €2,574 | €4,277 | +€1,703 | +66.2% |
| Recurring financial charges | 65 | €2,574 | €4,277 | +€1,703 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,487 | €9,288 | +€10,775 | |
| Income taxes | 67/77 | €882 | €4,708 | +€3,826 | +434% |
| Profit (loss) for the period | 9904 | -€2,369 | €4,580 | +€6,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,369 | €4,580 | +€6,949 |
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 15 October 2026 via checked.be.