SPORTMODE: what changed
Two financial 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.
SPORTMODE
Largest movements
- Receivables within one year +€223,662
up €223,662 (+1,157%), from €19,331 to €242,993
of which Other amounts receivable: +€233,030
- Tangible fixed assets -€24,454
down €24,454 (-26.0%), from €94,070 to €69,617
of which Land and buildings: -€19,442
- Stocks and contracts -€21,905
down €21,905 (-77.1%), from €28,395 to €6,490
- Cash -€17,085
down €17,085 (-83.6%), from €20,429 to €3,343
mainly Receivables within one year (-€223,662) and Net result for the year (-€80,637)
- Deferred charges and accrued income -€7,163
no longer reported in 2025 (was €7,163)
- Short-term financial debts +€159,642
new in 2025: €159,642
- Provisions +€91,000
new in 2025: €91,000
- Profit (loss) carried forward -€80,637
down €80,637, from €3,767 to -€76,870
- Trade debts -€10,075
down €10,075 (-19.5%), from €51,571 to €41,496
- Tax, wage and social debts -€7,589
down €7,589 (-39.0%), from €19,464 to €11,875
of which Taxes: -€7,307
- Financial income +€226,392
up €226,392 (+4,953%), from €4,571 to €230,964
of which Non-recurring financial income: +€230,900
- Gross operating margin -€102,243
down €102,243, from €34,902 to -€67,340
- Provisions +€91,000
new in 2025: €91,000
- Financial charges +€27,684
up €27,684 (+249%), from €11,110 to €38,794
of which Non-recurring financial charges: +€23,837
- Depreciation +€5,362
new in 2025: €5,362
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.
Derived cash bridge
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 | €171,666 | €324,721 | +€153,055 | +89.2% |
| Fixed assets | 21/28 | €96,348 | €71,895 | -€24,454 | -25.4% |
| Tangible fixed assets | 22/27 | €94,070 | €69,617 | -€24,454 | -26.0% |
| Land and buildings | 22 | €78,791 | €59,349 | -€19,442 | -24.7% |
| Plant, machinery and equipment | 23 | €12,283 | €9,830 | -€2,453 | -20.0% |
| Furniture and vehicles | 24 | €2,996 | €438 | -€2,559 | -85.4% |
| Financial fixed assets | 28 | €2,278 | €2,278 | = | 0.0% |
| Current assets | 29/58 | €75,318 | €252,826 | +€177,508 | +236% |
| Stocks and contracts in progress | 3 | €28,395 | €6,490 | -€21,905 | -77.1% |
| Stocks | 30/36 | €28,395 | €6,490 | -€21,905 | -77.1% |
| Amounts receivable within one year | 40/41 | €19,331 | €242,993 | +€223,662 | +1,157% |
| Trade receivables | 40 | €11,574 | €2,206 | -€9,368 | -80.9% |
| Other amounts receivable | 41 | €7,757 | €240,787 | +€233,030 | +3,004% |
| Cash at bank and in hand | 54/58 | €20,429 | €3,343 | -€17,085 | -83.6% |
| Deferred charges and accrued income | 490/1 | €7,163 | - | -€7,163 | |
| Total equity and liabilities | 10/49 | €171,666 | €324,721 | +€153,055 | +89.2% |
| Equity | 10/15 | €98,958 | €18,321 | -€80,637 | -81.5% |
| Contributions | 10/11 | €59,494 | €59,494 | = | 0.0% |
| Capital | 10 | €59,494 | €59,494 | = | 0.0% |
| Issued capital | 100 | €59,494 | €59,494 | = | 0.0% |
| Reserves | 13 | €35,697 | €35,697 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,949 | €5,949 | = | 0.0% |
| Legal reserve | 130 | €5,949 | €5,949 | = | 0.0% |
| Distributable reserves | 133 | €29,747 | €29,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,767 | -€76,870 | -€80,637 | |
| Provisions and deferred taxes | 16 | - | €91,000 | +€91,000 | |
| Provisions for liabilities and charges | 160/5 | - | €91,000 | +€91,000 | |
| Other liabilities and charges | 164/5 | - | €91,000 | +€91,000 | |
| Amounts payable | 17/49 | €72,708 | €215,400 | +€142,691 | +196% |
| Amounts payable within one year | 42/48 | €72,708 | €215,400 | +€142,691 | +196% |
| Financial debts | 43 | - | €159,642 | +€159,642 | |
| Credit institutions | 430/8 | - | €159,642 | +€159,642 | |
| Trade debts | 44 | €51,571 | €41,496 | -€10,075 | -19.5% |
| Suppliers | 440/4 | €51,571 | €41,496 | -€10,075 | -19.5% |
| Taxes, remuneration and social security | 45 | €19,464 | €11,875 | -€7,589 | -39.0% |
| Taxes | 450/3 | €7,307 | - | -€7,307 | |
| Remuneration and social security | 454/9 | €12,157 | €11,875 | -€282 | -2.3% |
| Other amounts payable | 47/48 | €1,674 | €2,387 | +€714 | +42.6% |
| Remuneration, social security and pensions | 62 | €97,141 | €92,493 | -€4,648 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,362 | +€5,362 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €91,000 | +€91,000 | |
| Other operating charges | 640/8 | €10,571 | €15,442 | +€4,871 | +46.1% |
| Gross operating margin | 9900 | €34,902 | -€67,340 | -€102,243 | |
| Operating profit (loss) | 9901 | -€72,810 | -€271,637 | -€198,828 | -273% |
| Financial income | 75/76B | €4,571 | €230,964 | +€226,392 | +4,953% |
| Recurring financial income | 75 | €4,571 | €64 | -€4,507 | -98.6% |
| Non-recurring financial income | 76B | - | €230,900 | +€230,900 | |
| Financial charges | 65/66B | €11,110 | €38,794 | +€27,684 | +249% |
| Recurring financial charges | 65 | €10,897 | €14,744 | +€3,847 | +35.3% |
| Non-recurring financial charges | 66B | €213 | €24,050 | +€23,837 | +11,186% |
| Profit (loss) for the period before taxes | 9903 | -€79,348 | -€79,468 | -€120 | -0.2% |
| Income taxes | 67/77 | €414 | €1,169 | +€755 | +182% |
| Profit (loss) for the period | 9904 | -€79,762 | -€80,637 | -€875 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,762 | -€80,637 | -€875 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.