SPORTZ88: what changed
SPORTZ88
Largest movements
- Receivables within one year +€150,963
up €150,963 (+58.9%), from €256,306 to €407,269
of which Trade receivables: +€162,409
- Stocks and contracts -€55,610
down €55,610 (-59.0%), from €94,217 to €38,608
- Intangible fixed assets -€54,006
down €54,006 (-14.2%), from €380,277 to €326,271
- Cash +€38,344
new in 2025: €38,344
mainly Other debts (+€65,007) and Depreciation (+€62,427)
- Tangible fixed assets -€8,421
down €8,421 (-47.1%), from €17,893 to €9,473
of which Furniture and vehicles: -€5,151
- Accrued charges and deferred income -€89,351
down €89,351 (-99.6%), from €89,750 to €399
- Other debts +€65,007
up €65,007 (+538%), from €12,085 to €77,091
- Trade debts +€43,509
up €43,509 (+17.9%), from €243,197 to €286,706
- Tax, wage and social debts +€35,728
up €35,728 (+49.1%), from €72,775 to €108,503
of which Taxes: +€34,535
- Reserves +€25,392
up €25,392 (+115%), from €22,001 to €47,393
- Gross operating margin -€176,349
down €176,349 (-42.7%), from €412,912 to €236,563
- Depreciation -€89,666
down €89,666 (-59.0%), from €152,093 to €62,427
- Staff costs -€81,951
down €81,951 (-40.2%), from €204,071 to €122,120
- Taxes +€8,642
up €8,642 (+493%), from €1,753 to €10,395
- Financial charges -€4,488
down €4,488 (-18.4%), from €24,388 to €19,900
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €748,694 | €820,093 | +€71,399 | +9.5% |
| Fixed assets | 21/28 | €398,170 | €335,744 | -€62,427 | -15.7% |
| Intangible fixed assets | 21 | €380,277 | €326,271 | -€54,006 | -14.2% |
| Tangible fixed assets | 22/27 | €17,893 | €9,473 | -€8,421 | -47.1% |
| Plant, machinery and equipment | 23 | €11,569 | €8,300 | -€3,269 | -28.3% |
| Furniture and vehicles | 24 | €6,324 | €1,173 | -€5,151 | -81.5% |
| Current assets | 29/58 | €350,524 | €484,349 | +€133,825 | +38.2% |
| Stocks and contracts in progress | 3 | €94,217 | €38,608 | -€55,610 | -59.0% |
| Stocks | 30/36 | €94,217 | €38,608 | -€55,610 | -59.0% |
| Amounts receivable within one year | 40/41 | €256,306 | €407,269 | +€150,963 | +58.9% |
| Trade receivables | 40 | €243,211 | €405,620 | +€162,409 | +66.8% |
| Other amounts receivable | 41 | €13,095 | €1,649 | -€11,446 | -87.4% |
| Cash at bank and in hand | 54/58 | - | €38,344 | +€38,344 | |
| Deferred charges and accrued income | 490/1 | - | €127 | +€127 | |
| Total equity and liabilities | 10/49 | €748,694 | €820,093 | +€71,399 | +9.5% |
| Equity | 10/15 | €72,001 | €97,393 | +€25,392 | +35.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €22,001 | €47,393 | +€25,392 | +115% |
| Distributable reserves | 133 | €22,001 | €47,393 | +€25,392 | +115% |
| Amounts payable | 17/49 | €676,693 | €722,700 | +€46,007 | +6.8% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €461,943 | €597,301 | +€135,358 | +29.3% |
| Financial debts | 43 | €133,886 | €125,000 | -€8,886 | -6.6% |
| Credit institutions | 430/8 | €133,886 | €125,000 | -€8,886 | -6.6% |
| Trade debts | 44 | €243,197 | €286,706 | +€43,509 | +17.9% |
| Suppliers | 440/4 | €243,197 | €286,706 | +€43,509 | +17.9% |
| Taxes, remuneration and social security | 45 | €72,775 | €108,503 | +€35,728 | +49.1% |
| Taxes | 450/3 | €38,371 | €72,905 | +€34,535 | +90.0% |
| Remuneration and social security | 454/9 | €34,405 | €35,598 | +€1,193 | +3.5% |
| Other amounts payable | 47/48 | €12,085 | €77,091 | +€65,007 | +538% |
| Accrued charges and deferred income | 492/3 | €89,750 | €399 | -€89,351 | -99.6% |
| Non-recurring operating income | 76A | €5,250 | €37,838 | +€32,588 | +621% |
| Remuneration, social security and pensions | 62 | €204,071 | €122,120 | -€81,951 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,093 | €62,427 | -€89,666 | -59.0% |
| Other operating charges | 640/8 | €1,470 | €1,044 | -€425 | -28.9% |
| Non-recurring operating charges | 66A | €28,089 | €0 | -€28,089 | -100% |
| Gross operating margin | 9900 | €412,912 | €236,563 | -€176,349 | -42.7% |
| Operating profit (loss) | 9901 | €27,190 | €50,971 | +€23,782 | +87.5% |
| Financial income | 75/76B | €2,034 | €5,481 | +€3,447 | +169% |
| Recurring financial income | 75 | €2,034 | €5,481 | +€3,447 | +169% |
| Financial charges | 65/66B | €24,388 | €19,900 | -€4,488 | -18.4% |
| Recurring financial charges | 65 | €24,388 | €19,900 | -€4,488 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €4,836 | €36,553 | +€31,716 | +656% |
| Income taxes | 67/77 | €1,753 | €10,395 | +€8,642 | +493% |
| Profit (loss) for the period | 9904 | €3,083 | €26,157 | +€23,074 | +749% |
| Profit (loss) for the period to be appropriated | 9905 | €3,083 | €26,157 | +€23,074 | +749% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.