Padel & Vous: 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 & Vous
Largest movements
- Tangible fixed assets -€9,313
down €9,313 (-7.1%), from €131,197 to €121,883
of which Land and buildings: -€5,428
- Cash -€8,459
down €8,459 (-29.4%), from €28,793 to €20,334
mainly Investment in fixed assets (net) (-€17,886) and Debts after one year (-€13,276)
- Deferred charges and accrued income -€4,862
down €4,862 (-16.1%), from €30,221 to €25,359
- Stocks and contracts +€3,666
up €3,666 (+26.3%), from €13,941 to €17,607
- Receivables within one year +€3,376
up €3,376 (+32.7%), from €10,320 to €13,697
of which Other amounts receivable: +€3,217
- Debts after one year -€13,276
down €13,276 (-10.7%), from €123,645 to €110,370
- Tax, wage and social debts -€6,783
down €6,783 (-71.0%), from €9,556 to €2,773
of which Taxes: -€5,359
- Current portion of long-term debt +€4,670
up €4,670 (+21.3%), from €21,960 to €26,630
- Reserves +€4,270
up €4,270 (+29.7%), from €14,378 to €18,648
- Trade debts -€3,177
down €3,177 (-34.6%), from €9,176 to €6,000
- Staff costs +€2,978
up €2,978 (+6.3%), from €47,185 to €50,163
- Depreciation +€2,165
up €2,165 (+8.6%), from €25,035 to €27,200
- Gross operating margin +€2,071
up €2,071 (+2.4%), from €85,607 to €87,679
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.
Cash bridge derived
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 | €214,573 | €198,980 | -€15,593 | -7.3% |
| Fixed assets | 21/28 | €131,297 | €121,984 | -€9,313 | -7.1% |
| Tangible fixed assets | 22/27 | €131,197 | €121,883 | -€9,313 | -7.1% |
| Land and buildings | 22 | €111,192 | €105,765 | -€5,428 | -4.9% |
| Plant, machinery and equipment | 23 | €13,197 | €12,024 | -€1,173 | -8.9% |
| Furniture and vehicles | 24 | €1,711 | €735 | -€976 | -57.0% |
| Leasing and similar rights | 25 | €5,096 | €3,359 | -€1,737 | -34.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €83,277 | €76,996 | -€6,280 | -7.5% |
| Stocks and contracts in progress | 3 | €13,941 | €17,607 | +€3,666 | +26.3% |
| Stocks | 30/36 | €13,941 | €17,607 | +€3,666 | +26.3% |
| Amounts receivable within one year | 40/41 | €10,320 | €13,697 | +€3,376 | +32.7% |
| Trade receivables | 40 | €9,355 | €9,515 | +€159 | +1.7% |
| Other amounts receivable | 41 | €965 | €4,182 | +€3,217 | +333.2% |
| Cash at bank and in hand | 54/58 | €28,793 | €20,334 | -€8,459 | -29.4% |
| Deferred charges and accrued income | 490/1 | €30,221 | €25,359 | -€4,862 | -16.1% |
| Total equity and liabilities | 10/49 | €214,573 | €198,980 | -€15,593 | -7.3% |
| Equity | 10/15 | €46,378 | €50,648 | +€4,270 | +9.2% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €14,378 | €18,648 | +€4,270 | +29.7% |
| Distributable reserves | 133 | €14,378 | €18,648 | +€4,270 | +29.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €168,196 | €148,332 | -€19,863 | -11.8% |
| Amounts payable after more than one year | 17 | €123,645 | €110,370 | -€13,276 | -10.7% |
| Financial debts | 170/4 | €123,645 | €110,370 | -€13,276 | -10.7% |
| Amounts payable within one year | 42/48 | €44,304 | €37,754 | -€6,550 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €21,960 | €26,630 | +€4,670 | +21.3% |
| Financial debts | 43 | €1,263 | €1,300 | +€38 | +3.0% |
| Credit institutions | 430/8 | €1,263 | €1,300 | +€38 | +3.0% |
| Trade debts | 44 | €9,176 | €6,000 | -€3,177 | -34.6% |
| Suppliers | 440/4 | €9,176 | €6,000 | -€3,177 | -34.6% |
| Taxes, remuneration and social security | 45 | €9,556 | €2,773 | -€6,783 | -71.0% |
| Taxes | 450/3 | €5,359 | €0 | -€5,359 | -100.0% |
| Remuneration and social security | 454/9 | €4,197 | €2,773 | -€1,424 | -33.9% |
| Other amounts payable | 47/48 | €2,349 | €1,052 | -€1,297 | -55.2% |
| Accrued charges and deferred income | 492/3 | €246 | €209 | -€38 | -15.2% |
| Non-recurring operating income | 76A | €831 | €0 | -€831 | -100.0% |
| Remuneration, social security and pensions | 62 | €47,185 | €50,163 | +€2,978 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,035 | €27,200 | +€2,165 | +8.6% |
| Other operating charges | 640/8 | €530 | €532 | +€1 | +0.2% |
| Non-recurring operating charges | 66A | €947 | €0 | -€947 | -100.0% |
| Gross operating margin | 9900 | €85,607 | €87,679 | +€2,071 | +2.4% |
| Operating profit (loss) | 9901 | €11,910 | €9,784 | -€2,125 | -17.8% |
| Financial income | 75/76B | €34 | €3 | -€31 | -92.4% |
| Recurring financial income | 75 | €34 | €3 | -€31 | -92.4% |
| Financial charges | 65/66B | €5,756 | €5,517 | -€239 | -4.1% |
| Recurring financial charges | 65 | €5,756 | €5,517 | -€239 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €6,188 | €4,270 | -€1,918 | -31.0% |
| Profit (loss) for the period | 9904 | €6,188 | €4,270 | -€1,918 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,188 | €4,270 | -€1,918 | -31.0% |
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 12 October 2026 via checked.be.