PADEL PARK 37: 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 PARK 37
Largest movements
- Cash +€112,034
up €112,034 (+143%), from €78,295 to €190,329
mainly Current investments (+€100,000) and Depreciation (+€37,428)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year -€17,251
down €17,251 (-47.1%), from €36,604 to €19,354
of which Trade receivables: -€17,570
- Trade debts -€19,684
down €19,684 (-19.3%), from €101,794 to €82,110
- Profit (loss) carried forward +€16,998
up €16,998 (+21.8%), from €77,843 to €94,841
- Tax, wage and social debts -€5,089
down €5,089 (-60.1%), from €8,461 to €3,372
of which Taxes: -€4,151
- Gross operating margin -€9,460
down €9,460 (-8.3%), from €114,606 to €105,146
- Staff costs +€5,675
up €5,675 (+14.1%), from €40,243 to €45,918
- Taxes +€4,405
up €4,405, from -€793 to €3,613
- Depreciation +€2,976
up €2,976 (+8.6%), from €34,452 to €37,428
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 | €408,476 | €404,102 | -€4,374 | -1.1% |
| Fixed assets | 21/28 | €181,412 | €180,993 | -€419 | -0.2% |
| Intangible fixed assets | 21 | €841 | €411 | -€430 | -51.1% |
| Tangible fixed assets | 22/27 | €180,571 | €180,582 | +€11 | 0.0% |
| Land and buildings | 22 | €22,789 | €27,356 | +€4,567 | +20.0% |
| Plant, machinery and equipment | 23 | €156,231 | €152,832 | -€3,399 | -2.2% |
| Furniture and vehicles | 24 | €1,551 | €394 | -€1,156 | -74.6% |
| Current assets | 29/58 | €227,065 | €223,109 | -€3,955 | -1.7% |
| Stocks and contracts in progress | 3 | - | €3,427 | +€3,427 | |
| Stocks | 30/36 | - | €3,427 | +€3,427 | |
| Amounts receivable within one year | 40/41 | €36,604 | €19,354 | -€17,251 | -47.1% |
| Trade receivables | 40 | €36,228 | €18,658 | -€17,570 | -48.5% |
| Other amounts receivable | 41 | €377 | €696 | +€319 | +84.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €78,295 | €190,329 | +€112,034 | +143% |
| Deferred charges and accrued income | 490/1 | €12,165 | €10,000 | -€2,165 | -17.8% |
| Total equity and liabilities | 10/49 | €408,476 | €404,102 | -€4,374 | -1.1% |
| Equity | 10/15 | €277,843 | €294,841 | +€16,998 | +6.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,843 | €94,841 | +€16,998 | +21.8% |
| Amounts payable | 17/49 | €130,634 | €109,261 | -€21,372 | -16.4% |
| Amounts payable within one year | 42/48 | €112,634 | €87,862 | -€24,773 | -22.0% |
| Trade debts | 44 | €101,794 | €82,110 | -€19,684 | -19.3% |
| Suppliers | 440/4 | €101,794 | €82,110 | -€19,684 | -19.3% |
| Taxes, remuneration and social security | 45 | €8,461 | €3,372 | -€5,089 | -60.1% |
| Taxes | 450/3 | €7,523 | €3,372 | -€4,151 | -55.2% |
| Remuneration and social security | 454/9 | €938 | €0 | -€938 | -100% |
| Other amounts payable | 47/48 | €2,380 | €2,380 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,999 | €21,400 | +€3,400 | +18.9% |
| Remuneration, social security and pensions | 62 | €40,243 | €45,918 | +€5,675 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,452 | €37,428 | +€2,976 | +8.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €38,068 | €0 | -€38,068 | -100% |
| Gross operating margin | 9900 | €114,606 | €105,146 | -€9,460 | -8.3% |
| Operating profit (loss) | 9901 | €1,456 | €21,399 | +€19,944 | +1,370% |
| Financial income | 75/76B | €60 | €1,075 | +€1,015 | +1,685% |
| Recurring financial income | 75 | €60 | €1,075 | +€1,015 | +1,685% |
| Financial charges | 65/66B | €2,121 | €1,864 | -€258 | -12.1% |
| Recurring financial charges | 65 | €2,121 | €1,864 | -€258 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€606 | €20,611 | +€21,216 | |
| Income taxes | 67/77 | -€793 | €3,613 | +€4,405 | |
| Profit (loss) for the period | 9904 | €187 | €16,998 | +€16,811 | +8,990% |
| Profit (loss) for the period to be appropriated | 9905 | €187 | €16,998 | +€16,811 | +8,990% |
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 26 October 2026 via checked.be.