GYM PASSION: 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.
GYM PASSION
Largest movements
- Cash +€391,709
up €391,709 (+59.9%), from €653,931 to €1.0m
mainly Net result for the year (+€225,127) and Other debts (+€200,000)
- Receivables within one year -€194,642
down €194,642 (-61.4%), from €317,024 to €122,382
- Other debts +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€124,873
down €124,873 (-18.3%), from €681,008 to €556,135
- Trade debts +€80,390
up €80,390 (+45.6%), from €176,410 to €256,801
- Tax, wage and social debts +€55,106
up €55,106 (+44.8%), from €122,940 to €178,047
of which Taxes: +€42,426
- Gross operating margin +€82,961
up €82,961 (+30.9%), from €268,755 to €351,716
- Staff costs +€33,032
up €33,032 (+50.8%), from €65,004 to €98,036
- Financial income +€19,255
up €19,255 (+42.6%), from €45,165 to €64,420
- Write-downs -€15,166
down €15,166 (-96.2%), from €15,765 to €599
- Taxes +€7,069
up €7,069 (+9.3%), from €75,919 to €82,988
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 | €1,036,113 | €1,237,182 | +€201,068 | +19.4% |
| Fixed assets | 21/28 | €11,300 | €7,811 | -€3,489 | -30.9% |
| Tangible fixed assets | 22/27 | €10,850 | €7,361 | -€3,489 | -32.2% |
| Furniture and vehicles | 24 | €1,435 | - | -€1,435 | |
| Other tangible fixed assets | 26 | €9,415 | €7,361 | -€2,054 | -21.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €1,024,813 | €1,229,371 | +€204,558 | +20.0% |
| Stocks and contracts in progress | 3 | €53,340 | €60,895 | +€7,555 | +14.2% |
| Stocks | 30/36 | €53,340 | €60,895 | +€7,555 | +14.2% |
| Amounts receivable within one year | 40/41 | €317,024 | €122,382 | -€194,642 | -61.4% |
| Trade receivables | 40 | €317,024 | €122,382 | -€194,642 | -61.4% |
| Cash at bank and in hand | 54/58 | €653,931 | €1,045,640 | +€391,709 | +59.9% |
| Deferred charges and accrued income | 490/1 | €519 | €455 | -€64 | -12.4% |
| Total equity and liabilities | 10/49 | €1,036,113 | €1,237,182 | +€201,068 | +19.4% |
| Equity | 10/15 | €727,208 | €602,335 | -€124,873 | -17.2% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Reserves | 13 | €4,200 | €4,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,200 | €4,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,200 | €4,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €681,008 | €556,135 | -€124,873 | -18.3% |
| Amounts payable | 17/49 | €308,906 | €634,847 | +€325,941 | +106% |
| Amounts payable within one year | 42/48 | €299,351 | €634,847 | +€335,496 | +112% |
| Trade debts | 44 | €176,410 | €256,801 | +€80,390 | +45.6% |
| Suppliers | 440/4 | €176,410 | €256,801 | +€80,390 | +45.6% |
| Taxes, remuneration and social security | 45 | €122,940 | €178,047 | +€55,106 | +44.8% |
| Taxes | 450/3 | €111,253 | €153,679 | +€42,426 | +38.1% |
| Remuneration and social security | 454/9 | €11,688 | €24,368 | +€12,680 | +108% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Accrued charges and deferred income | 492/3 | €9,555 | - | -€9,555 | |
| Non-recurring operating income | 76A | €5,328 | - | -€5,328 | |
| Remuneration, social security and pensions | 62 | €65,004 | €98,036 | +€33,032 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,712 | €3,489 | -€1,223 | -26.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,765 | €599 | -€15,166 | -96.2% |
| Other operating charges | 640/8 | €2,884 | €569 | -€2,315 | -80.3% |
| Non-recurring operating charges | 66A | - | €5,328 | +€5,328 | |
| Gross operating margin | 9900 | €268,755 | €351,716 | +€82,961 | +30.9% |
| Operating profit (loss) | 9901 | €180,391 | €243,696 | +€63,305 | +35.1% |
| Financial income | 75/76B | €45,165 | €64,420 | +€19,255 | +42.6% |
| Recurring financial income | 75 | €45,165 | €64,420 | +€19,255 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €225,556 | €308,115 | +€82,560 | +36.6% |
| Income taxes | 67/77 | €75,919 | €82,988 | +€7,069 | +9.3% |
| Profit (loss) for the period | 9904 | €149,636 | €225,127 | +€75,491 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €149,636 | €225,127 | +€75,491 | +50.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.