Mokko Padel Project: 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.
Mokko Padel Project
Largest movements
- Tangible fixed assets +€277,503
up €277,503 (+35.8%), from €774,357 to €1.1m
of which Land and buildings: +€272,617
- Cash -€34,760
down €34,760 (-33.3%), from €104,264 to €69,504
mainly Investment in fixed assets (net) (-€411,523) and Trade debts (-€21,950)
- Debts after one year +€181,671
up €181,671 (+38.6%), from €470,294 to €651,965
- Current portion of long-term debt +€74,435
up €74,435 (+171%), from €43,614 to €118,049
- Profit (loss) carried forward +€32,486
up €32,486 (+28.6%), from €113,474 to €145,960
- Trade debts -€21,950
down €21,950 (-66.0%), from €33,236 to €11,286
- Other debts -€16,783
down €16,783 (-63.4%), from €26,482 to €9,699
- Staff costs +€67,361
up €67,361 (+76.5%), from €87,999 to €155,360
- Gross operating margin +€59,073
up €59,073 (+20.3%), from €290,538 to €349,611
- Depreciation +€55,135
up €55,135 (+70.1%), from €78,661 to €133,796
- Financial charges +€8,592
up €8,592 (+39.4%), from €21,790 to €30,382
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 | €898,078 | €1,147,364 | +€249,286 | +27.8% |
| Fixed assets | 21/28 | €779,982 | €1,057,708 | +€277,727 | +35.6% |
| Tangible fixed assets | 22/27 | €774,357 | €1,051,860 | +€277,503 | +35.8% |
| Land and buildings | 22 | €768,270 | €1,040,887 | +€272,617 | +35.5% |
| Plant, machinery and equipment | 23 | €6,086 | €3,199 | -€2,888 | -47.4% |
| Furniture and vehicles | 24 | - | €7,774 | +€7,774 | |
| Financial fixed assets | 28 | €5,625 | €5,849 | +€224 | +4.0% |
| Current assets | 29/58 | €118,096 | €89,656 | -€28,440 | -24.1% |
| Amounts receivable within one year | 40/41 | €10,587 | €14,037 | +€3,450 | +32.6% |
| Trade receivables | 40 | €10,535 | €10,857 | +€322 | +3.1% |
| Other amounts receivable | 41 | €53 | €3,180 | +€3,128 | +5,944% |
| Cash at bank and in hand | 54/58 | €104,264 | €69,504 | -€34,760 | -33.3% |
| Deferred charges and accrued income | 490/1 | €3,245 | €6,115 | +€2,870 | +88.4% |
| Total equity and liabilities | 10/49 | €898,078 | €1,147,364 | +€249,286 | +27.8% |
| Equity | 10/15 | €311,474 | €343,960 | +€32,486 | +10.4% |
| Contributions | 10/11 | €198,000 | €198,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,474 | €145,960 | +€32,486 | +28.6% |
| Amounts payable | 17/49 | €586,604 | €803,404 | +€216,801 | +37.0% |
| Amounts payable after more than one year | 17 | €470,294 | €651,965 | +€181,671 | +38.6% |
| Financial debts | 170/4 | €470,294 | €651,965 | +€181,671 | +38.6% |
| Amounts payable within one year | 42/48 | €116,310 | €151,439 | +€35,129 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €43,614 | €118,049 | +€74,435 | +171% |
| Trade debts | 44 | €33,236 | €11,286 | -€21,950 | -66.0% |
| Suppliers | 440/4 | €33,236 | €11,286 | -€21,950 | -66.0% |
| Taxes, remuneration and social security | 45 | €12,979 | €12,406 | -€573 | -4.4% |
| Taxes | 450/3 | €2,644 | €410 | -€2,234 | -84.5% |
| Remuneration and social security | 454/9 | €10,335 | €11,996 | +€1,661 | +16.1% |
| Other amounts payable | 47/48 | €26,482 | €9,699 | -€16,783 | -63.4% |
| Non-recurring operating income | 76A | €257 | €2,333 | +€2,075 | +807% |
| Remuneration, social security and pensions | 62 | €87,999 | €155,360 | +€67,361 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,661 | €133,796 | +€55,135 | +70.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,042 | -€3,974 | -€2,933 | -282% |
| Other operating charges | 640/8 | €537 | €966 | +€429 | +79.7% |
| Non-recurring operating charges | 66A | - | €434 | +€434 | |
| Gross operating margin | 9900 | €290,538 | €349,611 | +€59,073 | +20.3% |
| Operating profit (loss) | 9901 | €124,382 | €63,030 | -€61,352 | -49.3% |
| Financial income | 75/76B | €3 | €39 | +€36 | +1,069% |
| Recurring financial income | 75 | €3 | €39 | +€36 | +1,069% |
| Financial charges | 65/66B | €21,790 | €30,382 | +€8,592 | +39.4% |
| Recurring financial charges | 65 | €21,790 | €30,382 | +€8,592 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €102,596 | €32,687 | -€69,909 | -68.1% |
| Income taxes | 67/77 | €150 | €201 | +€52 | +34.5% |
| Profit (loss) for the period | 9904 | €102,446 | €32,486 | -€69,961 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €102,446 | €32,486 | -€69,961 | -68.3% |
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 19 October 2026 via checked.be.