SPORT C MAX: what changed
SPORT C MAX
Largest movements
- Cash -€31,374
down €31,374 (-37.2%), from €84,380 to €53,006
mainly Other debts (-€36,497) and Stocks and contracts (-€12,543)
- Stocks and contracts +€12,543
up €12,543 (+8.8%), from €142,894 to €155,438
- Tangible fixed assets -€11,661
down €11,661 (-23.3%), from €49,956 to €38,295
of which Furniture and vehicles: -€11,454
- Other debts -€36,497
down €36,497 (-49.1%), from €74,346 to €37,849
- Debts after one year -€9,831
down €9,831 (-27.9%), from €35,182 to €25,351
- Trade debts +€6,784
up €6,784 (+18.9%), from €35,877 to €42,661
- Profit (loss) carried forward +€5,123
up €5,123 (+9.4%), from €54,540 to €59,663
- Tax, wage and social debts +€3,057
up €3,057 (+14.8%), from €20,624 to €23,681
of which Taxes: +€2,986
- Other operating charges -€19,099
down €19,099 (-72.3%), from €26,409 to €7,310
- Gross operating margin -€15,961
down €15,961 (-19.4%), from €82,279 to €66,319
- Staff costs -€6,487
down €6,487 (-13.5%), from €48,048 to €41,561
- Taxes +€6,333
up €6,333 (+141,985%), from €4 to €6,337
- Financial charges -€4,360
down €4,360, from €1,999 to -€2,362
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,034 | €254,037 | -€30,998 | -10.9% |
| Fixed assets | 21/28 | €49,956 | €38,295 | -€11,661 | -23.3% |
| Tangible fixed assets | 22/27 | €49,956 | €38,295 | -€11,661 | -23.3% |
| Plant, machinery and equipment | 23 | €413 | €207 | -€207 | -50.0% |
| Furniture and vehicles | 24 | €49,543 | €38,088 | -€11,454 | -23.1% |
| Current assets | 29/58 | €235,079 | €215,742 | -€19,337 | -8.2% |
| Stocks and contracts in progress | 3 | €142,894 | €155,438 | +€12,543 | +8.8% |
| Stocks | 30/36 | €142,894 | €155,438 | +€12,543 | +8.8% |
| Amounts receivable within one year | 40/41 | €7,804 | €7,298 | -€507 | -6.5% |
| Trade receivables | 40 | €2,809 | €895 | -€1,914 | -68.2% |
| Other amounts receivable | 41 | €4,996 | €6,403 | +€1,407 | +28.2% |
| Cash at bank and in hand | 54/58 | €84,380 | €53,006 | -€31,374 | -37.2% |
| Total equity and liabilities | 10/49 | €285,034 | €254,037 | -€30,998 | -10.9% |
| Equity | 10/15 | €109,540 | €114,663 | +€5,123 | +4.7% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,540 | €59,663 | +€5,123 | +9.4% |
| Amounts payable | 17/49 | €175,494 | €139,373 | -€36,121 | -20.6% |
| Amounts payable after more than one year | 17 | €35,182 | €25,351 | -€9,831 | -27.9% |
| Financial debts | 170/4 | €35,182 | €25,351 | -€9,831 | -27.9% |
| Amounts payable within one year | 42/48 | €140,312 | €114,022 | -€26,290 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €9,465 | €9,831 | +€365 | +3.9% |
| Trade debts | 44 | €35,877 | €42,661 | +€6,784 | +18.9% |
| Suppliers | 440/4 | €35,877 | €42,661 | +€6,784 | +18.9% |
| Taxes, remuneration and social security | 45 | €20,624 | €23,681 | +€3,057 | +14.8% |
| Taxes | 450/3 | €15,193 | €18,178 | +€2,986 | +19.7% |
| Remuneration and social security | 454/9 | €5,431 | €5,502 | +€71 | +1.3% |
| Other amounts payable | 47/48 | €74,346 | €37,849 | -€36,497 | -49.1% |
| Remuneration, social security and pensions | 62 | €48,048 | €41,561 | -€6,487 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,556 | €11,661 | +€4,105 | +54.3% |
| Other operating charges | 640/8 | €26,409 | €7,310 | -€19,099 | -72.3% |
| Non-recurring operating charges | 66A | €63 | €63 | +€0 | +0.5% |
| Gross operating margin | 9900 | €82,279 | €66,319 | -€15,961 | -19.4% |
| Operating profit (loss) | 9901 | €202 | €5,722 | +€5,520 | +2,729% |
| Financial income | 75/76B | €2,780 | €3,376 | +€596 | +21.4% |
| Recurring financial income | 75 | €2,780 | €3,376 | +€596 | +21.4% |
| Financial charges | 65/66B | €1,999 | -€2,362 | -€4,360 | |
| Recurring financial charges | 65 | €1,999 | -€2,362 | -€4,360 | |
| Profit (loss) for the period before taxes | 9903 | €984 | €11,460 | +€10,476 | +1,065% |
| Income taxes | 67/77 | €4 | €6,337 | +€6,333 | +141,985% |
| Profit (loss) for the period | 9904 | €979 | €5,123 | +€4,144 | +423% |
| Profit (loss) for the period to be appropriated | 9905 | €979 | €5,123 | +€4,144 | +423% |
Next steps
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.