SporthoRX: what changed
Two fiscal 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.
SporthoRX
Largest movements
- Cash +€80,892
up €80,892 (+99.2%), from €81,554 to €162,446
mainly Net result for the year (+€140,678) and Depreciation (+€92,208)
- Tangible fixed assets -€42,338
down €42,338 (-6.7%), from €632,334 to €589,997
of which Plant, machinery and equipment: -€61,821
- Debts after one year -€106,401
down €106,401 (-23.6%), from €451,471 to €345,070
- Other debts +€91,581
up €91,581 (+114.5%), from €79,991 to €171,572
- Accrued charges and deferred income +€56,798
up €56,798 (+401.5%), from €14,147 to €70,945
- Profit (loss) carried forward -€29,322
down €29,322 (-91.2%), from €32,167 to €2,844
- Tax, wage and social debts +€23,162
up €23,162 (+150.6%), from €15,383 to €38,545
of which Remuneration and social security: +€13,040
- Staff costs +€83,694
up €83,694 (+158.4%), from €52,835 to €136,528
- Gross operating margin +€73,167
up €73,167 (+22.8%), from €321,411 to €394,578
- Financial charges -€6,412
down €6,412 (-34.4%), from €18,614 to €12,203
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.
Cash bridge derived
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 | €754,312 | €801,981 | +€47,669 | +6.3% |
| Fixed assets | 21/28 | €633,187 | €590,365 | -€42,821 | -6.8% |
| Intangible fixed assets | 21 | €852 | €368 | -€484 | -56.8% |
| Tangible fixed assets | 22/27 | €632,334 | €589,997 | -€42,338 | -6.7% |
| Plant, machinery and equipment | 23 | €419,740 | €357,920 | -€61,821 | -14.7% |
| Furniture and vehicles | 24 | €1,261 | €2,134 | +€873 | +69.2% |
| Leasing and similar rights | 25 | €170,676 | €190,138 | +€19,461 | +11.4% |
| Other tangible fixed assets | 26 | €40,657 | €39,806 | -€851 | -2.1% |
| Current assets | 29/58 | €121,125 | €211,615 | +€90,490 | +74.7% |
| Amounts receivable within one year | 40/41 | €20,718 | €22,302 | +€1,584 | +7.6% |
| Trade receivables | 40 | €20,718 | €22,302 | +€1,584 | +7.6% |
| Cash at bank and in hand | 54/58 | €81,554 | €162,446 | +€80,892 | +99.2% |
| Deferred charges and accrued income | 490/1 | €18,853 | €26,867 | +€8,014 | +42.5% |
| Total equity and liabilities | 10/49 | €754,312 | €801,981 | +€47,669 | +6.3% |
| Equity | 10/15 | €37,167 | €7,844 | -€29,322 | -78.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,167 | €2,844 | -€29,322 | -91.2% |
| Amounts payable | 17/49 | €717,145 | €794,136 | +€76,991 | +10.7% |
| Amounts payable after more than one year | 17 | €451,471 | €345,070 | -€106,401 | -23.6% |
| Financial debts | 170/4 | €451,471 | €345,070 | -€106,401 | -23.6% |
| Amounts payable within one year | 42/48 | €251,527 | €378,122 | +€126,594 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €136,368 | €142,730 | +€6,363 | +4.7% |
| Trade debts | 44 | €19,786 | €25,275 | +€5,489 | +27.7% |
| Suppliers | 440/4 | €19,786 | €25,275 | +€5,489 | +27.7% |
| Taxes, remuneration and social security | 45 | €15,383 | €38,545 | +€23,162 | +150.6% |
| Taxes | 450/3 | €3,796 | €13,918 | +€10,122 | +266.6% |
| Remuneration and social security | 454/9 | €11,587 | €24,627 | +€13,040 | +112.5% |
| Other amounts payable | 47/48 | €79,991 | €171,572 | +€91,581 | +114.5% |
| Accrued charges and deferred income | 492/3 | €14,147 | €70,945 | +€56,798 | +401.5% |
| Remuneration, social security and pensions | 62 | €52,835 | €136,528 | +€83,694 | +158.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,081 | €92,208 | +€2,126 | +2.4% |
| Other operating charges | 640/8 | €7,272 | €10,422 | +€3,150 | +43.3% |
| Gross operating margin | 9900 | €321,411 | €394,578 | +€73,167 | +22.8% |
| Operating profit (loss) | 9901 | €171,223 | €155,420 | -€15,804 | -9.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2040.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2040.0% |
| Financial charges | 65/66B | €18,614 | €12,203 | -€6,412 | -34.4% |
| Recurring financial charges | 65 | €18,614 | €12,203 | -€6,412 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €152,609 | €143,218 | -€9,391 | -6.2% |
| Income taxes | 67/77 | - | €2,541 | +€2,541 | |
| Profit (loss) for the period | 9904 | €152,609 | €140,678 | -€11,932 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €152,609 | €140,678 | -€11,932 | -7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.