ROYAL GYM: what changed
What changed
ROYAL GYM
NACE 93.125, Sports, amusement and recreation activities
filed annual accounts (NBB)
Net result for the year
€9,591
2024 · €34,649-€25,058
Equity
€39,368
2024 · €29,777+€9,591
Cash
€5,955
2024 · €23,405-€17,450
Balance sheet total
€395,112
2024 · €438,402-€43,290
Largest movements
Assets
- Tangible fixed assets -€27,015
down €27,015 (-6.8%), from €397,525 to €370,510
of which Land and buildings: -€23,797
- Cash -€17,450
down €17,450 (-74.6%), from €23,405 to €5,955
mainly Debts after one year (-€31,253) and Other debts (-€17,459)
Equity and liabilities
- Debts after one year -€31,253
down €31,253 (-10.5%), from €297,711 to €266,458
- Other debts -€17,459
down €17,459 (-30.9%), from €56,521 to €39,062
- Reserves +€9,000
up €9,000 (+208%), from €4,323 to €13,323
- Trade debts -€4,470
down €4,470 (-46.6%), from €9,596 to €5,126
Income statement
- Gross operating margin -€30,320
down €30,320 (-37.0%), from €81,866 to €51,546
- Other operating charges -€6,974
down €6,974 (-81.2%), from €8,585 to €1,610
- Taxes +€2,757
up €2,757 (+138%), from €2,000 to €4,757
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,649
Gross operating margin
-€30,320
Staff costs
+€95
Depreciation
+€496
Other operating charges
+€6,974
Financial income
-€17
Financial charges
+€472
Taxes
-€2,757
Result 2025
€9,591
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,829
Investment
-€3,239
Financing
-€31,040
Cash 2024
€23,405
From operations (derived)
+€16,829
Net result for the year
+€9,591
Depreciation
+€30,253
Stocks and contracts
-€858
Receivables within one year
-€317
Trade debts
-€4,470
Tax, wage and social debts
+€88
Other debts
-€17,459
Investment (derived)
-€3,239
Investment in fixed assets (net)
-€3,239
Financing
-€31,040
Debts after one year
-€31,253
Current portion of long-term debt
+€213
Cash 2025
€5,955
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €438,402 | €395,112 | -€43,290 | -9.9% |
| Fixed assets | 21/28 | €397,525 | €370,510 | -€27,015 | -6.8% |
| Tangible fixed assets | 22/27 | €397,525 | €370,510 | -€27,015 | -6.8% |
| Land and buildings | 22 | €380,687 | €356,890 | -€23,797 | -6.3% |
| Plant, machinery and equipment | 23 | €12,760 | €11,493 | -€1,267 | -9.9% |
| Furniture and vehicles | 24 | €2,146 | €1,192 | -€954 | -44.5% |
| Other tangible fixed assets | 26 | €1,932 | €936 | -€996 | -51.6% |
| Current assets | 29/58 | €40,877 | €24,602 | -€16,276 | -39.8% |
| Stocks and contracts in progress | 3 | €16,021 | €16,878 | +€858 | +5.4% |
| Stocks | 30/36 | €16,021 | €16,878 | +€858 | +5.4% |
| Amounts receivable within one year | 40/41 | €1,452 | €1,769 | +€317 | +21.8% |
| Trade receivables | 40 | €1,452 | €1,769 | +€317 | +21.8% |
| Cash at bank and in hand | 54/58 | €23,405 | €5,955 | -€17,450 | -74.6% |
| Total equity and liabilities | 10/49 | €438,402 | €395,112 | -€43,290 | -9.9% |
| Equity | 10/15 | €29,777 | €39,368 | +€9,591 | +32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,323 | €13,323 | +€9,000 | +208% |
| Distributable reserves | 133 | €4,323 | €13,323 | +€9,000 | +208% |
| Profit (loss) carried forward | 14 | €6,853 | €7,444 | +€591 | +8.6% |
| Amounts payable | 17/49 | €408,626 | €355,744 | -€52,881 | -12.9% |
| Amounts payable after more than one year | 17 | €297,711 | €266,458 | -€31,253 | -10.5% |
| Financial debts | 170/4 | €297,711 | €266,458 | -€31,253 | -10.5% |
| Amounts payable within one year | 42/48 | €110,914 | €89,286 | -€21,628 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €37,737 | €37,950 | +€213 | +0.6% |
| Trade debts | 44 | €9,596 | €5,126 | -€4,470 | -46.6% |
| Suppliers | 440/4 | €9,596 | €5,126 | -€4,470 | -46.6% |
| Taxes, remuneration and social security | 45 | €7,061 | €7,149 | +€88 | +1.2% |
| Taxes | 450/3 | €7,061 | €7,149 | +€88 | +1.2% |
| Other amounts payable | 47/48 | €56,521 | €39,062 | -€17,459 | -30.9% |
| Remuneration, social security and pensions | 62 | €95 | - | -€95 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,749 | €30,253 | -€496 | -1.6% |
| Other operating charges | 640/8 | €8,585 | €1,610 | -€6,974 | -81.2% |
| Gross operating margin | 9900 | €81,866 | €51,546 | -€30,320 | -37.0% |
| Operating profit (loss) | 9901 | €42,437 | €19,682 | -€22,755 | -53.6% |
| Financial income | 75/76B | €50 | €33 | -€17 | -34.4% |
| Recurring financial income | 75 | €50 | €33 | -€17 | -34.4% |
| Financial charges | 65/66B | €5,838 | €5,367 | -€472 | -8.1% |
| Recurring financial charges | 65 | €5,838 | €5,367 | -€472 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €36,649 | €14,348 | -€22,301 | -60.8% |
| Income taxes | 67/77 | €2,000 | €4,757 | +€2,757 | +138% |
| Profit (loss) for the period | 9904 | €34,649 | €9,591 | -€25,058 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,649 | €9,591 | -€25,058 | -72.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.