PADEL NAMUR SRL: 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 NAMUR SRL
Largest movements
- Receivables within one year -€181,850
down €181,850 (-93.5%), from €194,475 to €12,624
of which Other amounts receivable: -€192,232
- Tangible fixed assets +€143,210
up €143,210 (+33.6%), from €426,570 to €569,779
of which Land and buildings: +€124,838
- Cash +€10,691
up €10,691, from €0 to €10,691
mainly Receivables within one year (+€181,850) and Depreciation (+€46,307)
- Debts after one year -€53,611
down €53,611 (-12.1%), from €441,459 to €387,848
- Trade debts -€34,884
down €34,884 (-72.4%), from €48,194 to €13,311
- Profit (loss) carried forward +€28,794
up €28,794 (+49.0%), from -€58,767 to -€29,973
- Current portion of long-term debt +€23,070
up €23,070 (+124%), from €18,541 to €41,611
- Accrued charges and deferred income +€8,783
new in 2025: €8,783
- Gross operating margin +€136,610
up €136,610, from -€42,580 to €94,031
- Depreciation +€40,951
up €40,951 (+765%), from €5,356 to €46,307
- Financial charges +€7,290
up €7,290 (+67.3%), from €10,832 to €18,122
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 | €622,447 | €596,136 | -€26,312 | -4.2% |
| Fixed assets | 21/28 | €426,570 | €569,779 | +€143,210 | +33.6% |
| Tangible fixed assets | 22/27 | €426,570 | €569,779 | +€143,210 | +33.6% |
| Land and buildings | 22 | €426,570 | €551,408 | +€124,838 | +29.3% |
| Plant, machinery and equipment | 23 | - | €16,891 | +€16,891 | |
| Furniture and vehicles | 24 | - | €1,481 | +€1,481 | |
| Current assets | 29/58 | €195,878 | €26,357 | -€169,521 | -86.5% |
| Stocks and contracts in progress | 3 | - | €144 | +€144 | |
| Stocks | 30/36 | - | €144 | +€144 | |
| Amounts receivable within one year | 40/41 | €194,475 | €12,624 | -€181,850 | -93.5% |
| Trade receivables | 40 | €1,500 | €11,882 | +€10,382 | +692% |
| Other amounts receivable | 41 | €192,975 | €743 | -€192,232 | -99.6% |
| Cash at bank and in hand | 54/58 | €0 | €10,691 | +€10,691 | |
| Deferred charges and accrued income | 490/1 | €1,403 | €2,898 | +€1,495 | +107% |
| Total equity and liabilities | 10/49 | €622,447 | €596,136 | -€26,312 | -4.2% |
| Equity | 10/15 | -€38,767 | -€9,973 | +€28,794 | +74.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,767 | -€29,973 | +€28,794 | +49.0% |
| Amounts payable | 17/49 | €661,215 | €606,109 | -€55,106 | -8.3% |
| Amounts payable after more than one year | 17 | €441,459 | €387,848 | -€53,611 | -12.1% |
| Financial debts | 170/4 | €441,459 | €387,848 | -€53,611 | -12.1% |
| Amounts payable within one year | 42/48 | €219,756 | €209,478 | -€10,277 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €18,541 | €41,611 | +€23,070 | +124% |
| Financial debts | 43 | €1,001 | - | -€1,001 | |
| Credit institutions | 430/8 | €1,001 | - | -€1,001 | |
| Trade debts | 44 | €48,194 | €13,311 | -€34,884 | -72.4% |
| Suppliers | 440/4 | €48,194 | €13,311 | -€34,884 | -72.4% |
| Taxes, remuneration and social security | 45 | - | €992 | +€992 | |
| Taxes | 450/3 | - | €992 | +€992 | |
| Other amounts payable | 47/48 | €152,020 | €153,565 | +€1,545 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €8,783 | +€8,783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €46,307 | +€40,951 | +765% |
| Other operating charges | 640/8 | - | €807 | +€807 | |
| Gross operating margin | 9900 | -€42,580 | €94,031 | +€136,610 | |
| Operating profit (loss) | 9901 | -€47,936 | €46,917 | +€94,852 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,832 | €18,122 | +€7,290 | +67.3% |
| Recurring financial charges | 65 | €10,832 | €18,122 | +€7,290 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | -€58,767 | €28,794 | +€87,562 | |
| Profit (loss) for the period | 9904 | -€58,767 | €28,794 | +€87,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,767 | €28,794 | +€87,562 |
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.