PLAY HARD: 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.
PLAY HARD
Largest movements
- Tangible fixed assets +€52,054
up €52,054 (+5,086%), from €1,023 to €53,077
of which Land and buildings: +€48,994
- Cash +€8,539
up €8,539 (+175%), from €4,891 to €13,430
mainly Debts after one year (+€41,789) and Other debts (+€13,401)
- Receivables within one year -€4,714
down €4,714 (-75.9%), from €6,214 to €1,499
of which Trade receivables: -€4,714
- Deferred charges and accrued income +€982
new in 2025: €982
- Debts after one year +€41,789
new in 2025: €41,789
- Other debts +€13,401
up €13,401 (+63.7%), from €21,033 to €34,434
- Profit (loss) carried forward +€4,699
up €4,699 (+15.5%), from -€30,384 to -€25,685
- Tax, wage and social debts -€3,399
down €3,399 (-97.0%), from €3,503 to €104
of which Taxes: -€1,799
- Current portion of long-term debt +€2,285
new in 2025: €2,285
- Gross operating margin +€37,701
up €37,701, from -€17,969 to €19,732
- Financial charges -€9,599
down €9,599 (-77.5%), from €12,381 to €2,782
- Other operating charges +€7,488
up €7,488 (+518%), from €1,445 to €8,933
- Depreciation +€2,002
up €2,002 (+194%), from €1,030 to €3,033
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 | €13,428 | €70,288 | +€56,860 | +423% |
| Fixed assets | 21/28 | €2,323 | €54,377 | +€52,054 | +2,240% |
| Tangible fixed assets | 22/27 | €1,023 | €53,077 | +€52,054 | +5,086% |
| Land and buildings | 22 | - | €48,994 | +€48,994 | |
| Furniture and vehicles | 24 | €1,023 | €4,084 | +€3,060 | +299% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €11,105 | €15,911 | +€4,806 | +43.3% |
| Amounts receivable within one year | 40/41 | €6,214 | €1,499 | -€4,714 | -75.9% |
| Trade receivables | 40 | €6,130 | €1,416 | -€4,714 | -76.9% |
| Other amounts receivable | 41 | €84 | €84 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,891 | €13,430 | +€8,539 | +175% |
| Deferred charges and accrued income | 490/1 | - | €982 | +€982 | |
| Total equity and liabilities | 10/49 | €13,428 | €70,288 | +€56,860 | +423% |
| Equity | 10/15 | -€16,124 | -€11,425 | +€4,699 | +29.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,384 | -€25,685 | +€4,699 | +15.5% |
| Amounts payable | 17/49 | €29,552 | €81,714 | +€52,161 | +177% |
| Amounts payable after more than one year | 17 | - | €41,789 | +€41,789 | |
| Financial debts | 170/4 | - | €41,789 | +€41,789 | |
| Amounts payable within one year | 42/48 | €28,382 | €38,755 | +€10,372 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,285 | +€2,285 | |
| Trade debts | 44 | €3,846 | €1,931 | -€1,915 | -49.8% |
| Suppliers | 440/4 | €3,846 | €1,931 | -€1,915 | -49.8% |
| Taxes, remuneration and social security | 45 | €3,503 | €104 | -€3,399 | -97.0% |
| Taxes | 450/3 | €1,903 | €104 | -€1,799 | -94.5% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €21,033 | €34,434 | +€13,401 | +63.7% |
| Accrued charges and deferred income | 492/3 | €1,170 | €1,170 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €3,033 | +€2,002 | +194% |
| Other operating charges | 640/8 | €1,445 | €8,933 | +€7,488 | +518% |
| Non-recurring operating charges | 66A | €704 | €286 | -€419 | -59.4% |
| Gross operating margin | 9900 | -€17,969 | €19,732 | +€37,701 | |
| Operating profit (loss) | 9901 | -€21,149 | €7,481 | +€28,630 | |
| Financial charges | 65/66B | €12,381 | €2,782 | -€9,599 | -77.5% |
| Recurring financial charges | 65 | €12,381 | €2,782 | -€9,599 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,530 | €4,699 | +€38,229 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€33,530 | €4,699 | +€38,229 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,530 | €4,699 | +€38,229 |
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 25 October 2026 via checked.be.