Padel 2000: 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.
Padel 2000
Largest movements
- Tangible fixed assets -€21,441
down €21,441 (-9.7%), from €222,098 to €200,657
of which Land and buildings: -€11,493
- Cash +€20,950
up €20,950 (+54.7%), from €38,327 to €59,277
mainly Net result for the year (+€29,368) and Depreciation (+€21,441)
- Receivables within one year +€3,769
up €3,769 (+7.2%), from €52,079 to €55,848
of which Trade receivables: +€2,670
- Reserves +€29,368
up €29,368 (+32.9%), from €89,350 to €118,718
- Debts after one year -€28,391
down €28,391 (-25.4%), from €111,686 to €83,295
- Gross operating margin +€18,513
up €18,513 (+46.0%), from €40,243 to €58,757
- Other operating charges -€3,410
down €3,410 (-72.1%), from €4,727 to €1,317
- Taxes +€1,798
up €1,798, from €0 to €1,798
- Depreciation -€1,447
down €1,447 (-6.3%), from €22,888 to €21,441
- Financial charges -€1,003
down €1,003 (-17.8%), from €5,636 to €4,632
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 | €312,503 | €315,782 | +€3,279 | +1.0% |
| Fixed assets | 21/28 | €222,098 | €200,657 | -€21,441 | -9.7% |
| Tangible fixed assets | 22/27 | €222,098 | €200,657 | -€21,441 | -9.7% |
| Land and buildings | 22 | €165,163 | €153,670 | -€11,493 | -7.0% |
| Plant, machinery and equipment | 23 | €56,935 | €46,987 | -€9,948 | -17.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €90,406 | €115,126 | +€24,720 | +27.3% |
| Amounts receivable within one year | 40/41 | €52,079 | €55,848 | +€3,769 | +7.2% |
| Trade receivables | 40 | €2,034 | €4,703 | +€2,670 | +131% |
| Other amounts receivable | 41 | €50,045 | €51,145 | +€1,100 | +2.2% |
| Cash at bank and in hand | 54/58 | €38,327 | €59,277 | +€20,950 | +54.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €312,503 | €315,782 | +€3,279 | +1.0% |
| Equity | 10/15 | €109,350 | €138,718 | +€29,368 | +26.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €89,350 | €118,718 | +€29,368 | +32.9% |
| Distributable reserves | 133 | €89,350 | €118,718 | +€29,368 | +32.9% |
| Amounts payable | 17/49 | €203,153 | €177,064 | -€26,089 | -12.8% |
| Amounts payable after more than one year | 17 | €111,686 | €83,295 | -€28,391 | -25.4% |
| Financial debts | 170/4 | €111,686 | €83,295 | -€28,391 | -25.4% |
| Amounts payable within one year | 42/48 | €88,805 | €91,110 | +€2,305 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €27,432 | €28,391 | +€959 | +3.5% |
| Trade debts | 44 | €439 | €847 | +€408 | +92.9% |
| Suppliers | 440/4 | €439 | €847 | +€408 | +92.9% |
| Taxes, remuneration and social security | 45 | €833 | €1,771 | +€938 | +113% |
| Taxes | 450/3 | €833 | €1,771 | +€938 | +113% |
| Other amounts payable | 47/48 | €60,101 | €60,101 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,662 | €2,660 | -€3 | -0.1% |
| Remuneration, social security and pensions | 62 | €778 | €290 | -€488 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,888 | €21,441 | -€1,447 | -6.3% |
| Other operating charges | 640/8 | €4,727 | €1,317 | -€3,410 | -72.1% |
| Gross operating margin | 9900 | €40,243 | €58,757 | +€18,513 | +46.0% |
| Operating profit (loss) | 9901 | €11,851 | €35,709 | +€23,858 | +201% |
| Financial income | 75/76B | €150 | €89 | -€61 | -40.9% |
| Recurring financial income | 75 | €150 | €89 | -€61 | -40.9% |
| Financial charges | 65/66B | €5,636 | €4,632 | -€1,003 | -17.8% |
| Recurring financial charges | 65 | €5,636 | €4,632 | -€1,003 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €6,365 | €31,165 | +€24,800 | +390% |
| Income taxes | 67/77 | €0 | €1,798 | +€1,798 | |
| Profit (loss) for the period | 9904 | €6,365 | €29,368 | +€23,003 | +361% |
| Profit (loss) for the period to be appropriated | 9905 | €6,365 | €29,368 | +€23,003 | +361% |
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 1 November 2026 via checked.be.