Sports & Intelligence: 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.
Sports & Intelligence
Largest movements
- Financial fixed assets -€20,872
down €20,872 (-25.7%), from €81,078 to €60,206
- Cash -€15,911
down €15,911 (-5.9%), from €270,662 to €254,751
mainly Contributions, distributions and other (-€148,880) and Debts after one year (-€22,816)
- Receivables within one year +€9,744
up €9,744 (+51.5%), from €18,906 to €28,650
of which Other amounts receivable: +€27,316
- Debts after one year -€22,816
down €22,816 (-18.5%), from €123,456 to €100,640
- Financial income +€159,866
up €159,866 (+502%), from €31,819 to €191,685
- Taxes +€49,491
up €49,491 (+369%), from €13,400 to €62,891
- Gross operating margin +€4,318
up €4,318 (+10.6%), from €40,616 to €44,934
- Depreciation +€1,031
up €1,031 (+6.8%), from €15,195 to €16,226
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 | €517,771 | €493,933 | -€23,839 | -4.6% |
| Fixed assets | 21/28 | €196,017 | €177,744 | -€18,273 | -9.3% |
| Tangible fixed assets | 22/27 | €114,939 | €117,538 | +€2,599 | +2.3% |
| Plant, machinery and equipment | 23 | €5,636 | €21,516 | +€15,879 | +282% |
| Other tangible fixed assets | 26 | €109,302 | €96,022 | -€13,281 | -12.2% |
| Financial fixed assets | 28 | €81,078 | €60,206 | -€20,872 | -25.7% |
| Current assets | 29/58 | €321,754 | €316,189 | -€5,566 | -1.7% |
| Amounts receivable within one year | 40/41 | €18,906 | €28,650 | +€9,744 | +51.5% |
| Trade receivables | 40 | €17,572 | €0 | -€17,572 | -100% |
| Other amounts receivable | 41 | €1,334 | €28,650 | +€27,316 | +2,047% |
| Current investments | 50/53 | €28,983 | €30,000 | +€1,017 | +3.5% |
| Cash at bank and in hand | 54/58 | €270,662 | €254,751 | -€15,911 | -5.9% |
| Deferred charges and accrued income | 490/1 | €3,203 | €2,788 | -€415 | -13.0% |
| Total equity and liabilities | 10/49 | €517,771 | €493,933 | -€23,839 | -4.6% |
| Equity | 10/15 | €355,542 | €354,082 | -€1,460 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €349,342 | €347,882 | -€1,460 | -0.4% |
| Distributable reserves | 133 | €349,342 | €347,882 | -€1,460 | -0.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €162,229 | €139,850 | -€22,379 | -13.8% |
| Amounts payable after more than one year | 17 | €123,456 | €100,640 | -€22,816 | -18.5% |
| Financial debts | 170/4 | €123,456 | €100,640 | -€22,816 | -18.5% |
| Amounts payable within one year | 42/48 | €38,773 | €39,210 | +€437 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €21,917 | €22,816 | +€899 | +4.1% |
| Financial debts | 43 | - | €374 | +€374 | |
| Credit institutions | 430/8 | - | €374 | +€374 | |
| Trade debts | 44 | €6,949 | €5,435 | -€1,514 | -21.8% |
| Suppliers | 440/4 | €6,949 | €5,435 | -€1,514 | -21.8% |
| Taxes, remuneration and social security | 45 | €8,074 | €9,852 | +€1,778 | +22.0% |
| Taxes | 450/3 | €8,074 | €9,852 | +€1,778 | +22.0% |
| Other amounts payable | 47/48 | €1,833 | €734 | -€1,099 | -60.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,195 | €16,226 | +€1,031 | +6.8% |
| Other operating charges | 640/8 | €689 | €701 | +€12 | +1.7% |
| Gross operating margin | 9900 | €40,616 | €44,934 | +€4,318 | +10.6% |
| Operating profit (loss) | 9901 | €24,732 | €28,007 | +€3,275 | +13.2% |
| Financial income | 75/76B | €31,819 | €191,685 | +€159,866 | +502% |
| Recurring financial income | 75 | €31,819 | €191,685 | +€159,866 | +502% |
| Financial charges | 65/66B | €9,122 | €9,381 | +€259 | +2.8% |
| Recurring financial charges | 65 | €9,122 | €9,381 | +€259 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €47,430 | €210,312 | +€162,882 | +343% |
| Income taxes | 67/77 | €13,400 | €62,891 | +€49,491 | +369% |
| Profit (loss) for the period | 9904 | €34,029 | €147,421 | +€113,392 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €34,029 | €147,421 | +€113,392 | +333% |
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 14 October 2026 via checked.be.