PHYSICAL COACHING ACADEMY: 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.
PHYSICAL COACHING ACADEMY
Largest movements
- Cash +€54,981
up €54,981 (+42.1%), from €130,669 to €185,650
mainly Net result for the year (+€123,174) and Depreciation (+€66,494)
- Tangible fixed assets -€41,626
down €41,626 (-39.4%), from €105,561 to €63,935
- Receivables within one year +€38,292
up €38,292 (+15.4%), from €248,580 to €286,872
of which Trade receivables: +€48,799
- Profit (loss) carried forward +€58,174
up €58,174 (+24.0%), from €242,454 to €300,628
- Trade debts +€14,181
up €14,181 (+44.5%), from €31,833 to €46,014
- Debts after one year -€13,050
down €13,050 (-69.0%), from €18,906 to €5,856
- Current portion of long-term debt -€10,294
down €10,294 (-44.3%), from €23,243 to €12,949
- Staff costs -€94,053
down €94,053 (-51.0%), from €184,414 to €90,362
- Depreciation +€24,235
up €24,235 (+57.3%), from €42,259 to €66,494
- Gross operating margin -€13,521
down €13,521 (-3.8%), from €354,750 to €341,229
- Taxes +€10,575
up €10,575 (+31.1%), from €34,000 to €44,576
- Other operating charges -€3,789
down €3,789 (-34.2%), from €11,089 to €7,300
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 | €486,349 | €537,997 | +€51,648 | +10.6% |
| Fixed assets | 21/28 | €105,611 | €63,985 | -€41,626 | -39.4% |
| Tangible fixed assets | 22/27 | €105,561 | €63,935 | -€41,626 | -39.4% |
| Furniture and vehicles | 24 | €105,561 | €63,935 | -€41,626 | -39.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €380,738 | €474,011 | +€93,273 | +24.5% |
| Amounts receivable within one year | 40/41 | €248,580 | €286,872 | +€38,292 | +15.4% |
| Trade receivables | 40 | €237,938 | €286,736 | +€48,799 | +20.5% |
| Other amounts receivable | 41 | €10,642 | €136 | -€10,506 | -98.7% |
| Cash at bank and in hand | 54/58 | €130,669 | €185,650 | +€54,981 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,489 | €1,489 | = | 0.0% |
| Total equity and liabilities | 10/49 | €486,349 | €537,997 | +€51,648 | +10.6% |
| Equity | 10/15 | €262,859 | €321,033 | +€58,174 | +22.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,405 | €18,405 | = | 0.0% |
| Distributable reserves | 133 | €18,405 | €18,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,454 | €300,628 | +€58,174 | +24.0% |
| Amounts payable | 17/49 | €223,490 | €216,963 | -€6,527 | -2.9% |
| Amounts payable after more than one year | 17 | €18,906 | €5,856 | -€13,050 | -69.0% |
| Financial debts | 170/4 | €18,906 | €5,856 | -€13,050 | -69.0% |
| Amounts payable within one year | 42/48 | €204,584 | €211,107 | +€6,523 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €23,243 | €12,949 | -€10,294 | -44.3% |
| Trade debts | 44 | €31,833 | €46,014 | +€14,181 | +44.5% |
| Suppliers | 440/4 | €31,833 | €46,014 | +€14,181 | +44.5% |
| Taxes, remuneration and social security | 45 | €81,162 | €84,741 | +€3,579 | +4.4% |
| Taxes | 450/3 | €70,763 | €77,708 | +€6,944 | +9.8% |
| Remuneration and social security | 454/9 | €10,399 | €7,033 | -€3,365 | -32.4% |
| Other amounts payable | 47/48 | €68,346 | €67,403 | -€943 | -1.4% |
| Remuneration, social security and pensions | 62 | €184,414 | €90,362 | -€94,053 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,259 | €66,494 | +€24,235 | +57.3% |
| Other operating charges | 640/8 | €11,089 | €7,300 | -€3,789 | -34.2% |
| Non-recurring operating charges | 66A | - | €8,567 | +€8,567 | |
| Gross operating margin | 9900 | €354,750 | €341,229 | -€13,521 | -3.8% |
| Operating profit (loss) | 9901 | €116,988 | €168,507 | +€51,519 | +44.0% |
| Financial income | 75/76B | €31 | €726 | +€695 | +2,254% |
| Recurring financial income | 75 | €31 | €726 | +€695 | +2,254% |
| Financial charges | 65/66B | €4,059 | €1,483 | -€2,575 | -63.5% |
| Recurring financial charges | 65 | €4,059 | €1,483 | -€2,575 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €112,960 | €167,750 | +€54,790 | +48.5% |
| Income taxes | 67/77 | €34,000 | €44,576 | +€10,575 | +31.1% |
| Profit (loss) for the period | 9904 | €78,959 | €123,174 | +€44,215 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,959 | €123,174 | +€44,215 | +56.0% |
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 30 October 2026 via checked.be.