J.V. PHYSIOSPORT: 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.
J.V. PHYSIOSPORT
Largest movements
- Cash -€15,760
down €15,760 (-82.6%), from €19,084 to €3,324
mainly Other debts (-€12,925) and Debts after one year (-€8,377)
- Tangible fixed assets -€13,052
down €13,052 (-23.2%), from €56,255 to €43,202
of which Furniture and vehicles: -€10,995
- Receivables within one year +€5,740
up €5,740 (+52.8%), from €10,865 to €16,606
of which Trade receivables: +€3,389
- Other debts -€12,925
down €12,925 (-31.0%), from €41,719 to €28,794
- Debts after one year -€8,377
down €8,377 (-26.0%), from €32,235 to €23,857
- Trade debts -€1,369
down €1,369 (-70.8%), from €1,935 to €566
- Depreciation +€6,596
up €6,596 (+102%), from €6,456 to €13,052
- Gross operating margin -€4,694
down €4,694 (-17.3%), from €27,123 to €22,428
- Taxes -€1,982
down €1,982 (-51.4%), from €3,856 to €1,874
- Financial charges +€576
up €576 (+55.3%), from €1,041 to €1,617
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €87,350 | €64,255 | -€23,095 | -26.4% |
| Fixed assets | 21/28 | €56,255 | €43,202 | -€13,052 | -23.2% |
| Tangible fixed assets | 22/27 | €56,255 | €43,202 | -€13,052 | -23.2% |
| Furniture and vehicles | 24 | €38,483 | €27,488 | -€10,995 | -28.6% |
| Other tangible fixed assets | 26 | €17,772 | €15,715 | -€2,057 | -11.6% |
| Current assets | 29/58 | €31,095 | €21,052 | -€10,043 | -32.3% |
| Amounts receivable within one year | 40/41 | €10,865 | €16,606 | +€5,740 | +52.8% |
| Trade receivables | 40 | €9,947 | €13,335 | +€3,389 | +34.1% |
| Other amounts receivable | 41 | €919 | €3,270 | +€2,352 | +256% |
| Cash at bank and in hand | 54/58 | €19,084 | €3,324 | -€15,760 | -82.6% |
| Deferred charges and accrued income | 490/1 | €1,146 | €1,123 | -€23 | -2.0% |
| Total equity and liabilities | 10/49 | €87,350 | €64,255 | -€23,095 | -26.4% |
| Equity | 10/15 | €2,851 | €2,237 | -€614 | -21.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €851 | €237 | -€614 | -72.2% |
| Amounts payable | 17/49 | €84,499 | €62,018 | -€22,481 | -26.6% |
| Amounts payable after more than one year | 17 | €32,235 | €23,857 | -€8,377 | -26.0% |
| Financial debts | 170/4 | €32,235 | €23,857 | -€8,377 | -26.0% |
| Amounts payable within one year | 42/48 | €52,264 | €38,161 | -€14,104 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €8,461 | €8,801 | +€340 | +4.0% |
| Trade debts | 44 | €1,935 | €566 | -€1,369 | -70.8% |
| Suppliers | 440/4 | €1,935 | €566 | -€1,369 | -70.8% |
| Taxes, remuneration and social security | 45 | €150 | - | -€150 | |
| Remuneration and social security | 454/9 | €150 | - | -€150 | |
| Other amounts payable | 47/48 | €41,719 | €28,794 | -€12,925 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,456 | €13,052 | +€6,596 | +102% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €27,123 | €22,428 | -€4,694 | -17.3% |
| Operating profit (loss) | 9901 | €20,279 | €9,376 | -€10,903 | -53.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,700% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,700% |
| Financial charges | 65/66B | €1,041 | €1,617 | +€576 | +55.3% |
| Recurring financial charges | 65 | €1,041 | €1,617 | +€576 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €19,238 | €7,760 | -€11,479 | -59.7% |
| Income taxes | 67/77 | €3,856 | €1,874 | -€1,982 | -51.4% |
| Profit (loss) for the period | 9904 | €15,382 | €5,886 | -€9,497 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,382 | €5,886 | -€9,497 | -61.7% |
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 31 October 2026 via checked.be.