SPORTSTUDIE: 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.
SPORTSTUDIE
Largest movements
- Receivables within one year +€17,161
up €17,161 (+73.9%), from €23,230 to €40,391
- Cash -€8,010
down €8,010 (-79.4%), from €10,089 to €2,079
mainly Other debts (-€23,962) and Receivables within one year (-€17,161)
- Tangible fixed assets -€1,711
down €1,711 (-22.9%), from €7,482 to €5,771
of which Furniture and vehicles: -€907
- Profit (loss) carried forward +€26,263
up €26,263 (+67.2%), from -€39,101 to -€12,838
- Other debts -€23,962
down €23,962 (-27.4%), from €87,560 to €63,597
- Advances received +€11,913
new in 2025: €11,913
- Trade debts -€10,913
down €10,913 (-32.4%), from €33,689 to €22,776
- Tax, wage and social debts +€2,807
up €2,807 (+19.5%), from €14,407 to €17,214
of which Taxes: +€3,647
- Gross operating margin +€18,578
up €18,578 (+62.2%), from €29,862 to €48,440
- Staff costs +€5,802
up €5,802 (+55.2%), from €10,505 to €16,308
- Financial charges -€1,212
down €1,212 (-37.0%), from €3,277 to €2,065
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 | €110,215 | €118,155 | +€7,940 | +7.2% |
| Fixed assets | 21/28 | €7,632 | €5,921 | -€1,711 | -22.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,482 | €5,771 | -€1,711 | -22.9% |
| Plant, machinery and equipment | 23 | €2,892 | €2,088 | -€804 | -27.8% |
| Furniture and vehicles | 24 | €4,589 | €3,682 | -€907 | -19.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €102,584 | €112,235 | +€9,651 | +9.4% |
| Stocks and contracts in progress | 3 | €68,269 | €68,269 | = | 0.0% |
| Stocks | 30/36 | €68,269 | €68,269 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,230 | €40,391 | +€17,161 | +73.9% |
| Trade receivables | 40 | €23,230 | €40,391 | +€17,161 | +73.9% |
| Cash at bank and in hand | 54/58 | €10,089 | €2,079 | -€8,010 | -79.4% |
| Deferred charges and accrued income | 490/1 | €995 | €1,496 | +€500 | +50.3% |
| Total equity and liabilities | 10/49 | €110,215 | €118,155 | +€7,940 | +7.2% |
| Equity | 10/15 | -€26,701 | -€438 | +€26,263 | +98.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,101 | -€12,838 | +€26,263 | +67.2% |
| Amounts payable | 17/49 | €136,916 | €118,593 | -€18,323 | -13.4% |
| Amounts payable within one year | 42/48 | €135,656 | €117,715 | -€17,941 | -13.2% |
| Financial debts | 43 | - | €2,214 | +€2,214 | |
| Credit institutions | 430/8 | - | €2,214 | +€2,214 | |
| Trade debts | 44 | €33,689 | €22,776 | -€10,913 | -32.4% |
| Suppliers | 440/4 | €33,689 | €22,776 | -€10,913 | -32.4% |
| Advances received on contracts in progress | 46 | - | €11,913 | +€11,913 | |
| Taxes, remuneration and social security | 45 | €14,407 | €17,214 | +€2,807 | +19.5% |
| Taxes | 450/3 | €13,563 | €17,209 | +€3,647 | +26.9% |
| Remuneration and social security | 454/9 | €844 | €5 | -€840 | -99.5% |
| Other amounts payable | 47/48 | €87,560 | €63,597 | -€23,962 | -27.4% |
| Accrued charges and deferred income | 492/3 | €1,260 | €878 | -€382 | -30.3% |
| Remuneration, social security and pensions | 62 | €10,505 | €16,308 | +€5,802 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,342 | €2,215 | -€127 | -5.4% |
| Other operating charges | 640/8 | €1,335 | €1,531 | +€196 | +14.7% |
| Gross operating margin | 9900 | €29,862 | €48,440 | +€18,578 | +62.2% |
| Operating profit (loss) | 9901 | €15,679 | €28,386 | +€12,706 | +81.0% |
| Financial income | 75/76B | €385 | €292 | -€93 | -24.2% |
| Recurring financial income | 75 | €385 | €292 | -€93 | -24.2% |
| Financial charges | 65/66B | €3,277 | €2,065 | -€1,212 | -37.0% |
| Recurring financial charges | 65 | €3,277 | €2,065 | -€1,212 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €12,787 | €26,612 | +€13,825 | +108% |
| Income taxes | 67/77 | €429 | €349 | -€79 | -18.5% |
| Profit (loss) for the period | 9904 | €12,359 | €26,263 | +€13,904 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €12,359 | €26,263 | +€13,904 | +113% |
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 31 October 2026 via checked.be.