SPORTPHYSIO: 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.
SPORTPHYSIO
Largest movements
- Tangible fixed assets -€12,100
down €12,100 (-4.0%), from €302,673 to €290,573
of which Land and buildings: -€10,090
- Receivables within one year +€6,640
up €6,640 (+6.7%), from €99,143 to €105,783
of which Other amounts receivable: +€12,849
- Trade debts -€27,887
down €27,887 (-76.3%), from €36,550 to €8,663
- Other debts +€23,822
new in 2025: €23,822
- Debts after one year -€17,509
down €17,509 (-6.5%), from €268,591 to €251,082
- Short-term financial debts +€10,541
up €10,541 (+94.7%), from €11,132 to €21,673
- Gross operating margin +€18,090
up €18,090 (+28.1%), from €64,383 to €82,473
- Financial charges +€6,858
up €6,858 (+102%), from €6,740 to €13,598
of which Financial charges: +€6,929
- Financial income -€857
down €857 (-100%), from €857 to €0
- Taxes +€833
up €833 (+9.7%), from €8,569 to €9,403
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,097 | €399,545 | -€8,553 | -2.1% |
| Fixed assets | 21/28 | €308,954 | €293,762 | -€15,193 | -4.9% |
| Intangible fixed assets | 21 | €6,189 | €3,189 | -€3,000 | -48.5% |
| Tangible fixed assets | 22/27 | €302,673 | €290,573 | -€12,100 | -4.0% |
| Land and buildings | 22 | €296,452 | €286,361 | -€10,090 | -3.4% |
| Plant, machinery and equipment | 23 | €1,012 | €1,778 | +€766 | +75.7% |
| Furniture and vehicles | 24 | €5,209 | €2,433 | -€2,776 | -53.3% |
| Financial fixed assets | 28 | €93 | €0 | -€93 | -100% |
| Current assets | 29/58 | €99,143 | €105,783 | +€6,640 | +6.7% |
| Amounts receivable within one year | 40/41 | €99,143 | €105,783 | +€6,640 | +6.7% |
| Trade receivables | 40 | €12,616 | €6,407 | -€6,209 | -49.2% |
| Other amounts receivable | 41 | €86,527 | €99,376 | +€12,849 | +14.9% |
| Total equity and liabilities | 10/49 | €408,097 | €399,545 | -€8,553 | -2.1% |
| Equity | 10/15 | €47,150 | €47,150 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,550 | €28,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,690 | €26,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €360,947 | €352,394 | -€8,553 | -2.4% |
| Amounts payable after more than one year | 17 | €268,591 | €251,082 | -€17,509 | -6.5% |
| Financial debts | 170/4 | €268,591 | €251,082 | -€17,509 | -6.5% |
| Amounts payable within one year | 42/48 | €92,356 | €101,312 | +€8,956 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €26,629 | €25,673 | -€955 | -3.6% |
| Financial debts | 43 | €11,132 | €21,673 | +€10,541 | +94.7% |
| Credit institutions | 430/8 | €11,132 | €21,673 | +€10,541 | +94.7% |
| Trade debts | 44 | €36,550 | €8,663 | -€27,887 | -76.3% |
| Suppliers | 440/4 | €36,550 | €8,663 | -€27,887 | -76.3% |
| Taxes, remuneration and social security | 45 | €18,045 | €21,481 | +€3,435 | +19.0% |
| Taxes | 450/3 | €15,462 | €20,691 | +€5,229 | +33.8% |
| Remuneration and social security | 454/9 | €2,583 | €789 | -€1,794 | -69.4% |
| Other amounts payable | 47/48 | - | €23,822 | +€23,822 | |
| Non-recurring operating income | 76A | - | €10,570 | +€10,570 | |
| Remuneration, social security and pensions | 62 | €6,470 | €6,526 | +€56 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,699 | €22,584 | -€115 | -0.5% |
| Other operating charges | 640/8 | €169 | €110 | -€60 | -35.3% |
| Non-recurring operating charges | 66A | - | €1,201 | +€1,201 | |
| Gross operating margin | 9900 | €64,383 | €82,473 | +€18,090 | +28.1% |
| Operating profit (loss) | 9901 | €35,045 | €52,052 | +€17,008 | +48.5% |
| Financial income | 75/76B | €857 | €0 | -€857 | -100% |
| Recurring financial income | 75 | €857 | €0 | -€857 | -100% |
| Financial charges | 65/66B | €6,740 | €13,598 | +€6,858 | +102% |
| Recurring financial charges | 65 | €6,669 | €13,598 | +€6,929 | +104% |
| Non-recurring financial charges | 66B | €72 | €0 | -€72 | -100% |
| Profit (loss) for the period before taxes | 9903 | €29,161 | €38,454 | +€9,293 | +31.9% |
| Income taxes | 67/77 | €8,569 | €9,403 | +€833 | +9.7% |
| Profit (loss) for the period | 9904 | €20,591 | €29,051 | +€8,460 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,591 | €29,051 | +€8,460 | +41.1% |
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 25 October 2026 via checked.be.