SPORTO: 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.
What changed
SPORTO
NACE 93.130, Fitness centres
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€39,375
2024 · €6,157+€33,219
Equity
€1.2m
2024 · €1.1m+€39,375
Cash
€19,238
2024 · €22,226-€2,988
Balance sheet total
€2.9m
2024 · €3.0m-€122,031
Largest movements
Assets
- Tangible fixed assets -€129,623
down €129,623 (-4.5%), from €2.9m to €2.7m
of which Land and buildings: -€113,766
Equity and liabilities
- Debts after one year -€127,807
down €127,807 (-9.2%), from €1.4m to €1.3m
- Current portion of long-term debt -€63,772
down €63,772 (-33.3%), from €191,556 to €127,784
- Reserves +€39,375
up €39,375 (+3.7%), from €1.1m to €1.1m
of which Distributable reserves: +€39,375
Income statement
- Gross operating margin -€57,352
down €57,352 (-13.0%), from €439,831 to €382,479
- Staff costs -€40,227
down €40,227 (-25.9%), from €155,069 to €114,841
- Depreciation -€33,942
down €33,942 (-19.3%), from €176,018 to €142,076
- Financial charges -€23,703
down €23,703 (-27.3%), from €86,808 to €63,105
- Taxes +€6,805
up €6,805 (+1,105%), from €616 to €7,420
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.
Result 2024
€6,157
Gross operating margin
-€57,352
Staff costs
+€40,227
Depreciation
+€33,942
Other operating charges
-€672
Financial income
+€176
Financial charges
+€23,703
Taxes
-€6,805
Result 2025
€39,375
raises the resultlowers the result
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.
From operations
+€201,043
Investment
-€12,453
Financing
-€191,579
Cash 2024
€22,226
From operations (derived)
+€201,043
Net result for the year
+€39,375
Depreciation
+€142,076
Receivables within one year
-€10,580
Provisions
+€1,893
Trade debts
+€23,665
Tax, wage and social debts
-€4,253
Advances received
-€6,791
Other debts
+€15,657
Investment (derived)
-€12,453
Investment in fixed assets (net)
-€12,453
Financing
-€191,579
Debts after one year
-€127,807
Current portion of long-term debt
-€63,772
Cash 2025
€19,238
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,030,072 | €2,908,041 | -€122,031 | -4.0% |
| Fixed assets | 21/28 | €2,927,134 | €2,797,511 | -€129,623 | -4.4% |
| Tangible fixed assets | 22/27 | €2,877,134 | €2,747,511 | -€129,623 | -4.5% |
| Land and buildings | 22 | €2,820,995 | €2,707,229 | -€113,766 | -4.0% |
| Plant, machinery and equipment | 23 | €43,121 | €31,243 | -€11,877 | -27.5% |
| Furniture and vehicles | 24 | €13,018 | €9,039 | -€3,979 | -30.6% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €102,938 | €110,530 | +€7,592 | +7.4% |
| Stocks and contracts in progress | 3 | €3,047 | €3,047 | = | 0.0% |
| Stocks | 30/36 | €3,047 | €3,047 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,824 | €68,404 | +€10,580 | +18.3% |
| Trade receivables | 40 | €8,099 | €11,469 | +€3,370 | +41.6% |
| Other amounts receivable | 41 | €49,725 | €56,935 | +€7,210 | +14.5% |
| Current investments | 50/53 | €19,841 | €19,841 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,226 | €19,238 | -€2,988 | -13.4% |
| Total equity and liabilities | 10/49 | €3,030,072 | €2,908,041 | -€122,031 | -4.0% |
| Equity | 10/15 | €1,123,938 | €1,163,314 | +€39,375 | +3.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Contributions outside capital | 11 | €55,000 | €55,000 | = | 0.0% |
| Share premium | 1100/10 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,068,938 | €1,108,314 | +€39,375 | +3.7% |
| Tax-exempt reserves | 132 | €13 | €13 | = | 0.0% |
| Distributable reserves | 133 | €1,068,925 | €1,108,301 | +€39,375 | +3.7% |
| Provisions and deferred taxes | 16 | - | €1,893 | +€1,893 | |
| Provisions for liabilities and charges | 160/5 | - | €1,893 | +€1,893 | |
| Major repairs and maintenance | 162 | - | €1,893 | +€1,893 | |
| Amounts payable | 17/49 | €1,906,134 | €1,742,834 | -€163,300 | -8.6% |
| Amounts payable after more than one year | 17 | €1,391,556 | €1,263,750 | -€127,807 | -9.2% |
| Financial debts | 170/4 | €1,391,556 | €1,263,750 | -€127,807 | -9.2% |
| Amounts payable within one year | 42/48 | €514,577 | €479,084 | -€35,493 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €191,556 | €127,784 | -€63,772 | -33.3% |
| Trade debts | 44 | €37,423 | €61,088 | +€23,665 | +63.2% |
| Suppliers | 440/4 | €37,423 | €61,088 | +€23,665 | +63.2% |
| Advances received on contracts in progress | 46 | €25,131 | €18,340 | -€6,791 | -27.0% |
| Taxes, remuneration and social security | 45 | €21,667 | €17,415 | -€4,253 | -19.6% |
| Taxes | 450/3 | €2,272 | €7,800 | +€5,528 | +243% |
| Remuneration and social security | 454/9 | €19,395 | €9,615 | -€9,780 | -50.4% |
| Other amounts payable | 47/48 | €238,800 | €254,458 | +€15,657 | +6.6% |
| Remuneration, social security and pensions | 62 | €155,069 | €114,841 | -€40,227 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,018 | €142,076 | -€33,942 | -19.3% |
| Other operating charges | 640/8 | €17,944 | €18,617 | +€672 | +3.7% |
| Gross operating margin | 9900 | €439,831 | €382,479 | -€57,352 | -13.0% |
| Operating profit (loss) | 9901 | €90,800 | €106,945 | +€16,145 | +17.8% |
| Financial income | 75/76B | €2,780 | €2,955 | +€176 | +6.3% |
| Recurring financial income | 75 | €2,780 | €2,955 | +€176 | +6.3% |
| Financial charges | 65/66B | €86,808 | €63,105 | -€23,703 | -27.3% |
| Recurring financial charges | 65 | €86,808 | €63,105 | -€23,703 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €6,772 | €46,796 | +€40,024 | +591% |
| Income taxes | 67/77 | €616 | €7,420 | +€6,805 | +1,105% |
| Profit (loss) for the period | 9904 | €6,157 | €39,375 | +€33,219 | +540% |
| Profit (loss) for the period to be appropriated | 9905 | €6,157 | €39,375 | +€33,219 | +540% |
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 28 October 2026 via checked.be.