SPORAMA: what changed
What changed
SPORAMA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€32,695
2024 · -€47,703+€15,009
Equity
€382,424
2024 · €415,119-€32,695
Cash
€2,089
2024 · €3,563-€1,474
Balance sheet total
€1.4m
2024 · €1.5m-€88,280
Largest movements
Assets
- Tangible fixed assets -€87,911
down €87,911 (-5.8%), from €1.5m to €1.4m
of which Land and buildings: -€76,980
Equity and liabilities
- Debts after one year -€29,277
down €29,277 (-8.4%), from €350,289 to €321,012
of which Financial debts: -€29,562
- Other debts -€26,247
down €26,247 (-4.3%), from €610,074 to €583,827
- Profit (loss) carried forward -€19,790
down €19,790 (-14.5%), from -€136,075 to -€155,865
Income statement
- Gross operating margin +€9,381
up €9,381 (+13.1%), from €71,768 to €81,148
- Depreciation -€4,280
down €4,280 (-4.3%), from €99,209 to €94,930
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
-€47,703
Gross operating margin
+€9,381
Depreciation
+€4,280
Other operating charges
+€724
Financial income
+€16
Financial charges
+€612
Taxes
-€4
Result 2025
-€32,695
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
+€31,996
Investment
-€7,018
Financing
-€26,452
Cash 2024
€3,563
From operations (derived)
+€31,996
Net result for the year
-€32,695
Depreciation
+€94,930
Smaller working-capital items
-€8
Deferred charges and accrued income
-€1,173
Provisions
-€4,301
Tax, wage and social debts
+€1,031
Advances received
+€460
Other debts
-€26,247
Investment (derived)
-€7,018
Investment in fixed assets (net)
-€7,018
Financing
-€26,452
Debts after one year
-€29,277
Current portion of long-term debt
+€2,825
Cash 2025
€2,089
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,529,627 | €1,441,347 | -€88,280 | -5.8% |
| Fixed assets | 21/28 | €1,521,791 | €1,433,880 | -€87,911 | -5.8% |
| Tangible fixed assets | 22/27 | €1,521,791 | €1,433,880 | -€87,911 | -5.8% |
| Land and buildings | 22 | €1,482,619 | €1,405,639 | -€76,980 | -5.2% |
| Plant, machinery and equipment | 23 | €10,686 | €4,977 | -€5,709 | -53.4% |
| Furniture and vehicles | 24 | €28,486 | €23,264 | -€5,222 | -18.3% |
| Current assets | 29/58 | €7,835 | €7,467 | -€368 | -4.7% |
| Amounts receivable within one year | 40/41 | €1,654 | €1,587 | -€66 | -4.0% |
| Trade receivables | 40 | €1,582 | €1,519 | -€63 | -4.0% |
| Other amounts receivable | 41 | €72 | €69 | -€3 | -4.2% |
| Cash at bank and in hand | 54/58 | €3,563 | €2,089 | -€1,474 | -41.4% |
| Deferred charges and accrued income | 490/1 | €2,619 | €3,791 | +€1,173 | +44.8% |
| Total equity and liabilities | 10/49 | €1,529,627 | €1,441,347 | -€88,280 | -5.8% |
| Equity | 10/15 | €415,119 | €382,424 | -€32,695 | -7.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €461,194 | €448,289 | -€12,904 | -2.8% |
| Non-distributable reserves | 130/1 | €112,780 | €112,780 | = | 0.0% |
| Legal reserve | 130 | €112,780 | €112,780 | = | 0.0% |
| Tax-exempt reserves | 132 | €348,414 | €335,509 | -€12,904 | -3.7% |
| Profit (loss) carried forward | 14 | -€136,075 | -€155,865 | -€19,790 | -14.5% |
| Provisions and deferred taxes | 16 | €116,138 | €111,836 | -€4,301 | -3.7% |
| Deferred taxes | 168 | €116,138 | €111,836 | -€4,301 | -3.7% |
| Amounts payable | 17/49 | €998,370 | €947,087 | -€51,284 | -5.1% |
| Amounts payable after more than one year | 17 | €350,289 | €321,012 | -€29,277 | -8.4% |
| Financial debts | 170/4 | €348,853 | €319,291 | -€29,562 | -8.5% |
| Other amounts payable | 178/9 | €1,436 | €1,721 | +€285 | +19.9% |
| Amounts payable within one year | 42/48 | €645,445 | €623,604 | -€21,841 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €31,922 | €34,747 | +€2,825 | +8.8% |
| Trade debts | 44 | €3,162 | €3,252 | +€90 | +2.9% |
| Suppliers | 440/4 | €3,162 | €3,252 | +€90 | +2.9% |
| Advances received on contracts in progress | 46 | - | €460 | +€460 | |
| Taxes, remuneration and social security | 45 | €287 | €1,318 | +€1,031 | +359% |
| Taxes | 450/3 | €287 | €1,318 | +€1,031 | +359% |
| Other amounts payable | 47/48 | €610,074 | €583,827 | -€26,247 | -4.3% |
| Accrued charges and deferred income | 492/3 | €2,636 | €2,470 | -€165 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,209 | €94,930 | -€4,280 | -4.3% |
| Other operating charges | 640/8 | €14,783 | €14,059 | -€724 | -4.9% |
| Gross operating margin | 9900 | €71,768 | €81,148 | +€9,381 | +13.1% |
| Operating profit (loss) | 9901 | -€42,225 | -€27,840 | +€14,384 | +34.1% |
| Financial income | 75/76B | €0 | €16 | +€16 | +3,559% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +3,559% |
| Financial charges | 65/66B | €9,652 | €9,040 | -€612 | -6.3% |
| Recurring financial charges | 65 | €9,652 | €9,040 | -€612 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,876 | -€36,864 | +€15,012 | +28.9% |
| Transfer from deferred taxes | 780 | €4,301 | €4,301 | = | 0.0% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +2.8% |
| Profit (loss) for the period | 9904 | -€47,703 | -€32,695 | +€15,009 | +31.5% |
| Transfer from tax-exempt reserves | 789 | €12,904 | €12,904 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,799 | -€19,790 | +€15,009 | +43.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.