LA TABLE DES CHAMPIONS: what changed
LA TABLE DES CHAMPIONS
Largest movements
- Tangible fixed assets -€128,367
no longer reported in 2025 (was €128,367)
of which Land and buildings: -€116,252
- Profit (loss) carried forward -€55,279
down €55,279 (-66.3%), from -€83,345 to -€138,623
- Debts after one year -€34,188
no longer reported in 2025 (was €34,188)
- Current portion of long-term debt -€33,229
down €33,229 (-95.7%), from €34,708 to €1,479
- Other debts -€6,100
down €6,100 (-9.7%), from €62,721 to €56,621
- Other operating charges +€48,062
up €48,062 (+2,056%), from €2,338 to €50,399
- Depreciation -€10,950
no longer reported in 2025 (was €10,950)
- Gross operating margin -€9,794
down €9,794 (-73.8%), from €13,278 to €3,484
- Financial charges +€7,550
up €7,550 (+928%), from €813 to €8,363
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,550 | €45,360 | -€129,189 | -74.0% |
| Fixed assets | 21/28 | €128,457 | €90 | -€128,367 | -99.9% |
| Tangible fixed assets | 22/27 | €128,367 | - | -€128,367 | |
| Land and buildings | 22 | €116,252 | - | -€116,252 | |
| Plant, machinery and equipment | 23 | €12,115 | - | -€12,115 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €46,092 | €45,270 | -€822 | -1.8% |
| Amounts receivable within one year | 40/41 | €46,092 | €45,257 | -€836 | -1.8% |
| Trade receivables | 40 | €45,727 | €45,257 | -€470 | -1.0% |
| Other amounts receivable | 41 | €366 | - | -€366 | |
| Cash at bank and in hand | 54/58 | - | €14 | +€14 | |
| Total equity and liabilities | 10/49 | €174,550 | €45,360 | -€129,189 | -74.0% |
| Equity | 10/15 | -€53,345 | -€108,623 | -€55,279 | -104% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,345 | -€138,623 | -€55,279 | -66.3% |
| Amounts payable | 17/49 | €227,894 | €153,984 | -€73,911 | -32.4% |
| Amounts payable after more than one year | 17 | €34,188 | - | -€34,188 | |
| Financial debts | 170/4 | €34,188 | - | -€34,188 | |
| Amounts payable within one year | 42/48 | €193,706 | €153,984 | -€39,722 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €34,708 | €1,479 | -€33,229 | -95.7% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €96,274 | €95,884 | -€390 | -0.4% |
| Suppliers | 440/4 | €96,274 | €95,884 | -€390 | -0.4% |
| Other amounts payable | 47/48 | €62,721 | €56,621 | -€6,100 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,950 | - | -€10,950 | |
| Other operating charges | 640/8 | €2,338 | €50,399 | +€48,062 | +2,056% |
| Gross operating margin | 9900 | €13,278 | €3,484 | -€9,794 | -73.8% |
| Operating profit (loss) | 9901 | -€10 | -€46,916 | -€46,906 | -478,142% |
| Financial charges | 65/66B | €813 | €8,363 | +€7,550 | +928% |
| Recurring financial charges | 65 | €813 | €8,363 | +€7,550 | +928% |
| Profit (loss) for the period before taxes | 9903 | -€823 | -€55,279 | -€54,456 | -6,617% |
| Profit (loss) for the period | 9904 | -€823 | -€55,279 | -€54,456 | -6,617% |
| Profit (loss) for the period to be appropriated | 9905 | -€823 | -€55,279 | -€54,456 | -6,617% |
Next steps
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.