GYM 42: what changed
What changed
GYM 42
NACE 93.130, Fitness centres
filed annual accounts (NBB)
Net result for the year
€8,998
2024 · €44,481-€35,482
Equity
€484,738
2024 · €500,740-€16,002
Cash
€16,830
2024 · €14,833+€1,997
Balance sheet total
€1.8m
2024 · €1.5m+€282,982
Largest movements
Assets
- Tangible fixed assets +€171,510
up €171,510 (+28.3%), from €605,860 to €777,370
of which Leasing and similar rights: +€206,613
- Receivables within one year +€110,407
up €110,407 (+12.4%), from €892,896 to €1.0m
of which Trade receivables: +€159,874
Equity and liabilities
- Trade debts +€124,746
up €124,746 (+18.4%), from €677,755 to €802,501
- Debts after one year +€105,225
up €105,225 (+49.2%), from €213,769 to €318,994
- Current portion of long-term debt +€56,728
up €56,728 (+138%), from €41,007 to €97,736
Income statement
- Staff costs +€50,444
up €50,444 (+32.5%), from €155,330 to €205,773
- Gross operating margin +€44,597
up €44,597 (+11.9%), from €374,152 to €418,749
- Depreciation +€39,758
up €39,758 (+31.6%), from €125,666 to €165,424
- Taxes -€20,175
no longer reported in 2025 (was €20,175)
- Financial charges +€19,274
up €19,274 (+389%), from €4,950 to €24,224
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.
Result 2024
€44,481
Gross operating margin
+€44,597
Staff costs
-€50,444
Depreciation
-€39,758
Other operating charges
+€9,756
Other operating items
-€33
Financial income
-€502
Financial charges
-€19,274
Taxes
+€20,175
Result 2025
€8,998
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€201,977
Investment
-€336,933
Financing
+€136,953
Cash 2024
€14,833
From operations (derived)
+€201,977
Net result for the year
+€8,998
Depreciation
+€165,424
Stocks and contracts
-€52
Receivables within one year
-€110,407
Deferred charges and accrued income
+€984
Trade debts
+€124,746
Tax, wage and social debts
+€3,651
Other debts
+€10,099
Accrued charges and deferred income
-€1,466
Investment (derived)
-€336,933
Investment in fixed assets (net)
-€336,933
Financing
+€136,953
Debts after one year
+€105,225
Current portion of long-term debt
+€56,728
Contributions, distributions and other
-€25,000
Cash 2025
€16,830
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,544,015 | €1,826,997 | +€282,982 | +18.3% |
| Fixed assets | 21/28 | €605,860 | €777,370 | +€171,510 | +28.3% |
| Tangible fixed assets | 22/27 | €605,860 | €777,370 | +€171,510 | +28.3% |
| Plant, machinery and equipment | 23 | €181,685 | €104,097 | -€77,588 | -42.7% |
| Furniture and vehicles | 24 | €4,629 | €8,056 | +€3,426 | +74.0% |
| Leasing and similar rights | 25 | €105,041 | €311,654 | +€206,613 | +197% |
| Other tangible fixed assets | 26 | €314,505 | €353,563 | +€39,058 | +12.4% |
| Current assets | 29/58 | €938,155 | €1,049,627 | +€111,472 | +11.9% |
| Stocks and contracts in progress | 3 | €13,159 | €13,211 | +€52 | +0.4% |
| Stocks | 30/36 | €13,159 | €13,211 | +€52 | +0.4% |
| Amounts receivable within one year | 40/41 | €892,896 | €1,003,302 | +€110,407 | +12.4% |
| Trade receivables | 40 | €55,417 | €215,291 | +€159,874 | +288% |
| Other amounts receivable | 41 | €837,479 | €788,012 | -€49,467 | -5.9% |
| Cash at bank and in hand | 54/58 | €14,833 | €16,830 | +€1,997 | +13.5% |
| Deferred charges and accrued income | 490/1 | €17,268 | €16,284 | -€984 | -5.7% |
| Total equity and liabilities | 10/49 | €1,544,015 | €1,826,997 | +€282,982 | +18.3% |
| Equity | 10/15 | €500,740 | €484,738 | -€16,002 | -3.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,740 | €84,738 | -€16,002 | -15.9% |
| Amounts payable | 17/49 | €1,043,275 | €1,342,258 | +€298,983 | +28.7% |
| Amounts payable after more than one year | 17 | €213,769 | €318,994 | +€105,225 | +49.2% |
| Financial debts | 170/4 | €213,769 | €318,994 | +€105,225 | +49.2% |
| Amounts payable within one year | 42/48 | €828,040 | €1,023,264 | +€195,224 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €41,007 | €97,736 | +€56,728 | +138% |
| Trade debts | 44 | €677,755 | €802,501 | +€124,746 | +18.4% |
| Suppliers | 440/4 | €677,755 | €802,501 | +€124,746 | +18.4% |
| Taxes, remuneration and social security | 45 | €74,182 | €77,833 | +€3,651 | +4.9% |
| Taxes | 450/3 | €38,949 | €33,698 | -€5,251 | -13.5% |
| Remuneration and social security | 454/9 | €35,233 | €44,135 | +€8,902 | +25.3% |
| Other amounts payable | 47/48 | €35,096 | €45,194 | +€10,099 | +28.8% |
| Accrued charges and deferred income | 492/3 | €1,466 | - | -€1,466 | |
| Remuneration, social security and pensions | 62 | €155,330 | €205,773 | +€50,444 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,666 | €165,424 | +€39,758 | +31.6% |
| Other operating charges | 640/8 | €23,843 | €14,087 | -€9,756 | -40.9% |
| Non-recurring operating charges | 66A | €225 | €258 | +€33 | +14.9% |
| Gross operating margin | 9900 | €374,152 | €418,749 | +€44,597 | +11.9% |
| Operating profit (loss) | 9901 | €69,089 | €33,207 | -€35,882 | -51.9% |
| Financial income | 75/76B | €517 | €15 | -€502 | -97.0% |
| Recurring financial income | 75 | €517 | €15 | -€502 | -97.0% |
| Financial charges | 65/66B | €4,950 | €24,224 | +€19,274 | +389% |
| Recurring financial charges | 65 | €4,950 | €24,224 | +€19,274 | +389% |
| Profit (loss) for the period before taxes | 9903 | €64,656 | €8,998 | -€55,658 | -86.1% |
| Income taxes | 67/77 | €20,175 | - | -€20,175 | |
| Profit (loss) for the period | 9904 | €44,481 | €8,998 | -€35,482 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,481 | €8,998 | -€35,482 | -79.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.