't Sportlab: 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.
't Sportlab
Largest movements
- Tangible fixed assets -€24,632
down €24,632 (-14.3%), from €172,187 to €147,555
of which Land and buildings: -€24,894
- Stocks and contracts +€10,811
up €10,811 (+11.3%), from €95,557 to €106,368
- Cash +€10,309
up €10,309 (+17.0%), from €60,766 to €71,075
mainly Depreciation (+€29,928) and Net result for the year (+€26,706)
- Receivables within one year -€9,582
down €9,582 (-53.0%), from €18,089 to €8,508
of which Trade receivables: -€10,411
- Debts after one year -€36,443
down €36,443 (-25.6%), from €142,459 to €106,016
- Reserves +€12,259
up €12,259 (+9.1%), from €135,220 to €147,479
- Trade debts +€6,703
up €6,703 (+56.9%), from €11,779 to €18,481
- Tax, wage and social debts +€4,917
up €4,917 (+41.8%), from €11,775 to €16,691
of which Taxes: +€4,917
- Accrued charges and deferred income +€4,249
up €4,249 (+211%), from €2,016 to €6,265
- Gross operating margin +€11,474
up €11,474 (+17.1%), from €67,008 to €78,481
- Depreciation -€1,509
down €1,509 (-4.8%), from €31,437 to €29,928
- Taxes +€1,184
up €1,184 (+14.5%), from €8,158 to €9,342
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 | €351,511 | €337,702 | -€13,809 | -3.9% |
| Fixed assets | 21/28 | €172,187 | €147,555 | -€24,632 | -14.3% |
| Tangible fixed assets | 22/27 | €172,187 | €147,555 | -€24,632 | -14.3% |
| Land and buildings | 22 | €139,243 | €114,349 | -€24,894 | -17.9% |
| Plant, machinery and equipment | 23 | €21,826 | €30,716 | +€8,890 | +40.7% |
| Furniture and vehicles | 24 | €11,118 | €2,490 | -€8,628 | -77.6% |
| Current assets | 29/58 | €179,324 | €190,146 | +€10,822 | +6.0% |
| Stocks and contracts in progress | 3 | €95,557 | €106,368 | +€10,811 | +11.3% |
| Stocks | 30/36 | €95,557 | €106,368 | +€10,811 | +11.3% |
| Amounts receivable within one year | 40/41 | €18,089 | €8,508 | -€9,582 | -53.0% |
| Trade receivables | 40 | €18,089 | €7,679 | -€10,411 | -57.6% |
| Other amounts receivable | 41 | €0 | €829 | +€829 | |
| Cash at bank and in hand | 54/58 | €60,766 | €71,075 | +€10,309 | +17.0% |
| Deferred charges and accrued income | 490/1 | €4,912 | €4,196 | -€716 | -14.6% |
| Total equity and liabilities | 10/49 | €351,511 | €337,702 | -€13,809 | -3.9% |
| Equity | 10/15 | €141,420 | €153,679 | +€12,259 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,220 | €147,479 | +€12,259 | +9.1% |
| Distributable reserves | 133 | €135,220 | €147,479 | +€12,259 | +9.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €210,091 | €184,023 | -€26,068 | -12.4% |
| Amounts payable after more than one year | 17 | €142,459 | €106,016 | -€36,443 | -25.6% |
| Financial debts | 170/4 | €142,459 | €106,016 | -€36,443 | -25.6% |
| Amounts payable within one year | 42/48 | €65,616 | €71,742 | +€6,126 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €40,361 | €36,570 | -€3,791 | -9.4% |
| Trade debts | 44 | €11,779 | €18,481 | +€6,703 | +56.9% |
| Suppliers | 440/4 | €11,779 | €18,481 | +€6,703 | +56.9% |
| Advances received on contracts in progress | 46 | €841 | €0 | -€841 | -100% |
| Taxes, remuneration and social security | 45 | €11,775 | €16,691 | +€4,917 | +41.8% |
| Taxes | 450/3 | €9,575 | €14,491 | +€4,917 | +51.3% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €861 | €0 | -€861 | -100% |
| Accrued charges and deferred income | 492/3 | €2,016 | €6,265 | +€4,249 | +211% |
| Non-recurring operating income | 76A | - | €9,804 | +€9,804 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,437 | €29,928 | -€1,509 | -4.8% |
| Other operating charges | 640/8 | €2,755 | €3,048 | +€293 | +10.6% |
| Non-recurring operating charges | 66A | - | €3,599 | +€3,599 | |
| Gross operating margin | 9900 | €67,008 | €78,481 | +€11,474 | +17.1% |
| Operating profit (loss) | 9901 | €32,816 | €41,907 | +€9,091 | +27.7% |
| Financial income | 75/76B | - | €415 | +€415 | |
| Recurring financial income | 75 | - | €415 | +€415 | |
| Financial charges | 65/66B | €5,975 | €6,274 | +€299 | +5.0% |
| Recurring financial charges | 65 | €5,975 | €6,274 | +€299 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €26,840 | €36,048 | +€9,207 | +34.3% |
| Income taxes | 67/77 | €8,158 | €9,342 | +€1,184 | +14.5% |
| Profit (loss) for the period | 9904 | €18,683 | €26,706 | +€8,023 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,683 | €26,706 | +€8,023 | +42.9% |
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 27 October 2026 via checked.be.