SPORTKING: what changed
What changed
SPORTKING
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
€160,375
2024 · €467,390-€307,015
Equity
€1.7m
2024 · €1.7m+€18,041
Cash
€41,940
2024 · €123,777-€81,838
Balance sheet total
€3.1m
2024 · €2.4m+€699,463
Largest movements
Assets
- Stocks and contracts +€1.3m
up €1.3m (+104%), from €1.2m to €2.5m
- Receivables within one year -€474,827
down €474,827 (-44.2%), from €1.1m to €598,983
of which Trade receivables: -€285,579
- Cash -€81,838
down €81,838 (-66.1%), from €123,777 to €41,940
mainly Stocks and contracts (-€1.3m) and Other debts (-€322,412)
Equity and liabilities
- Short-term financial debts +€750,000
new in 2025: €750,000
- Other debts -€322,412
down €322,412 (-56.3%), from €572,353 to €249,941
- Advances received +€284,899
up €284,899, from €0 to €284,899
- Trade debts -€32,860
down €32,860 (-30.9%), from €106,418 to €73,558
Income statement
- Gross operating margin -€326,445
down €326,445 (-48.6%), from €671,522 to €345,077
- Taxes -€85,850
down €85,850 (-90.2%), from €95,177 to €9,326
- Financial charges +€30,077
up €30,077 (+457%), from €6,578 to €36,656
- Financial income -€19,503
down €19,503 (-54.5%), from €35,786 to €16,283
- Staff costs +€16,029
up €16,029 (+12.5%), from €128,652 to €144,681
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
€467,390
Gross operating margin
-€326,445
Staff costs
-€16,029
Depreciation
-€345
Other operating charges
-€466
Financial income
-€19,503
Financial charges
-€30,077
Taxes
+€85,850
Result 2025
€160,375
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
-€695,716
Investment
-€1,489
Financing
+€615,368
Cash 2024
€123,777
From operations (derived)
-€695,716
Net result for the year
+€160,375
Depreciation
+€1,223
Stocks and contracts
-€1.3m
Receivables within one year
+€474,827
Deferred charges and accrued income
+€344
Trade debts
-€32,860
Tax, wage and social debts
-€14,128
Advances received
+€284,899
Other debts
-€322,412
Accrued charges and deferred income
+€8,222
Investment (derived)
-€1,489
Investment in fixed assets (net)
-€1,489
Financing
+€615,368
Current portion of long-term debt
+€7,701
Short-term financial debts
+€750,000
Contributions, distributions and other
-€142,333
Cash 2025
€41,940
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,406,493 | €3,105,956 | +€699,463 | +29.1% |
| Fixed assets | 21/28 | €1,625 | €1,891 | +€267 | +16.4% |
| Tangible fixed assets | 22/27 | €1,625 | €1,891 | +€267 | +16.4% |
| Plant, machinery and equipment | 23 | €1,625 | €1,891 | +€267 | +16.4% |
| Current assets | 29/58 | €2,404,868 | €3,104,065 | +€699,197 | +29.1% |
| Stocks and contracts in progress | 3 | €1,206,395 | €2,462,601 | +€1.3m | +104% |
| Stocks | 30/36 | €1,206,395 | €2,462,601 | +€1.3m | +104% |
| Amounts receivable within one year | 40/41 | €1,073,810 | €598,983 | -€474,827 | -44.2% |
| Trade receivables | 40 | €760,571 | €474,992 | -€285,579 | -37.5% |
| Other amounts receivable | 41 | €313,239 | €123,991 | -€189,248 | -60.4% |
| Cash at bank and in hand | 54/58 | €123,777 | €41,940 | -€81,838 | -66.1% |
| Deferred charges and accrued income | 490/1 | €885 | €541 | -€344 | -38.8% |
| Total equity and liabilities | 10/49 | €2,406,493 | €3,105,956 | +€699,463 | +29.1% |
| Equity | 10/15 | €1,669,276 | €1,687,317 | +€18,041 | +1.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,519,276 | €1,537,317 | +€18,041 | +1.2% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €1,504,276 | €1,522,317 | +€18,041 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €737,217 | €1,418,639 | +€681,422 | +92.4% |
| Amounts payable within one year | 42/48 | €735,217 | €1,408,416 | +€673,200 | +91.6% |
| Current portion of amounts payable after more than one year | 42 | €20,912 | €28,613 | +€7,701 | +36.8% |
| Financial debts | 43 | - | €750,000 | +€750,000 | |
| Credit institutions | 430/8 | - | €750,000 | +€750,000 | |
| Trade debts | 44 | €106,418 | €73,558 | -€32,860 | -30.9% |
| Suppliers | 440/4 | €106,418 | €73,558 | -€32,860 | -30.9% |
| Advances received on contracts in progress | 46 | €0 | €284,899 | +€284,899 | |
| Taxes, remuneration and social security | 45 | €35,534 | €21,406 | -€14,128 | -39.8% |
| Taxes | 450/3 | €23,635 | €7,994 | -€15,641 | -66.2% |
| Remuneration and social security | 454/9 | €11,899 | €13,412 | +€1,513 | +12.7% |
| Other amounts payable | 47/48 | €572,353 | €249,941 | -€322,412 | -56.3% |
| Accrued charges and deferred income | 492/3 | €2,000 | €10,222 | +€8,222 | +411% |
| Remuneration, social security and pensions | 62 | €128,652 | €144,681 | +€16,029 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €1,223 | +€345 | +39.4% |
| Other operating charges | 640/8 | €8,635 | €9,101 | +€466 | +5.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €671,522 | €345,077 | -€326,445 | -48.6% |
| Operating profit (loss) | 9901 | €533,358 | €190,073 | -€343,285 | -64.4% |
| Financial income | 75/76B | €35,786 | €16,283 | -€19,503 | -54.5% |
| Recurring financial income | 75 | €35,786 | €16,283 | -€19,503 | -54.5% |
| Financial charges | 65/66B | €6,578 | €36,656 | +€30,077 | +457% |
| Recurring financial charges | 65 | €6,578 | €36,656 | +€30,077 | +457% |
| Profit (loss) for the period before taxes | 9903 | €562,566 | €169,701 | -€392,866 | -69.8% |
| Income taxes | 67/77 | €95,177 | €9,326 | -€85,850 | -90.2% |
| Profit (loss) for the period | 9904 | €467,390 | €160,375 | -€307,015 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €467,390 | €160,375 | -€307,015 | -65.7% |
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.