INTO PADEL: what changed
Two fiscal 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.
INTO PADEL
Largest movements
- Cash -€30,695
down €30,695 (-47.8%), from €64,270 to €33,575
mainly Trade debts (-€90,900) and Investment in fixed assets (net) (-€36,223)
- Tangible fixed assets -€28,583
down €28,583 (-5.8%), from €496,765 to €468,182
of which Other tangible fixed assets: -€57,329
- Receivables within one year -€6,583
down €6,583 (-77.9%), from €8,449 to €1,866
of which Trade receivables: -€6,624
- Trade debts -€90,900
down €90,900 (-98.9%), from €91,882 to €982
- Reserves +€9,111
up €9,111 (+70.6%), from €12,912 to €22,023
- Other debts +€7,784
up €7,784 (+11.9%), from €65,498 to €73,282
- Gross operating margin +€47,340
up €47,340 (+118.9%), from €39,808 to €87,148
- Depreciation +€42,449
up €42,449 (+189.9%), from €22,357 to €64,806
- Financial charges +€1,424
up €1,424 (+60.5%), from €2,352 to €3,777
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.
Cash bridge derived
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 | €569,485 | €503,624 | -€65,861 | -11.6% |
| Fixed assets | 21/28 | €496,765 | €468,182 | -€28,583 | -5.8% |
| Tangible fixed assets | 22/27 | €496,765 | €468,182 | -€28,583 | -5.8% |
| Plant, machinery and equipment | 23 | €8,984 | €7,991 | -€993 | -11.1% |
| Furniture and vehicles | 24 | €294 | €2,550 | +€2,256 | +767.3% |
| Leasing and similar rights | 25 | - | €27,482 | +€27,482 | |
| Other tangible fixed assets | 26 | €487,487 | €430,158 | -€57,329 | -11.8% |
| Current assets | 29/58 | €72,720 | €35,442 | -€37,278 | -51.3% |
| Amounts receivable within one year | 40/41 | €8,449 | €1,866 | -€6,583 | -77.9% |
| Trade receivables | 40 | €8,314 | €1,690 | -€6,624 | -79.7% |
| Other amounts receivable | 41 | €136 | €176 | +€40 | +29.8% |
| Cash at bank and in hand | 54/58 | €64,270 | €33,575 | -€30,695 | -47.8% |
| Total equity and liabilities | 10/49 | €569,485 | €503,624 | -€65,861 | -11.6% |
| Equity | 10/15 | €15,912 | €25,023 | +€9,111 | +57.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,912 | €22,023 | +€9,111 | +70.6% |
| Distributable reserves | 133 | €12,912 | €22,023 | +€9,111 | +70.6% |
| Amounts payable | 17/49 | €553,573 | €478,600 | -€74,972 | -13.5% |
| Amounts payable after more than one year | 17 | €377,736 | €378,562 | +€826 | +0.2% |
| Financial debts | 170/4 | €377,736 | €378,562 | +€826 | +0.2% |
| Amounts payable within one year | 42/48 | €174,321 | €98,523 | -€75,798 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €16,741 | €21,289 | +€4,548 | +27.2% |
| Trade debts | 44 | €91,882 | €982 | -€90,900 | -98.9% |
| Suppliers | 440/4 | €91,882 | €982 | -€90,900 | -98.9% |
| Taxes, remuneration and social security | 45 | €200 | €2,970 | +€2,770 | +1386.9% |
| Taxes | 450/3 | €200 | €2,970 | +€2,770 | +1386.9% |
| Other amounts payable | 47/48 | €65,498 | €73,282 | +€7,784 | +11.9% |
| Accrued charges and deferred income | 492/3 | €1,515 | €1,515 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,357 | €64,806 | +€42,449 | +189.9% |
| Other operating charges | 640/8 | €62 | €311 | +€249 | +402.1% |
| Gross operating margin | 9900 | €39,808 | €87,148 | +€47,340 | +118.9% |
| Operating profit (loss) | 9901 | €17,389 | €22,031 | +€4,641 | +26.7% |
| Financial income | 75/76B | €406 | €105 | -€301 | -74.2% |
| Recurring financial income | 75 | €406 | €105 | -€301 | -74.2% |
| Financial charges | 65/66B | €2,352 | €3,777 | +€1,424 | +60.5% |
| Recurring financial charges | 65 | €2,352 | €3,777 | +€1,424 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €15,442 | €18,359 | +€2,916 | +18.9% |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | €15,442 | €18,354 | +€2,912 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,442 | €18,354 | +€2,912 | +18.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.