TENNIS ALTERNATIVE: what changed
TENNIS ALTERNATIVE
Largest movements
- Cash -€3,391
down €3,391 (-25.5%), from €13,281 to €9,890
mainly Receivables within one year (-€2,600) and Trade debts (-€2,382)
- Receivables within one year +€2,600
up €2,600 (+36.0%), from €7,218 to €9,818
of which Trade receivables: +€2,366
- Tangible fixed assets -€1,316
down €1,316 (-40.7%), from €3,235 to €1,919
- Deferred charges and accrued income +€712
new in 2025: €712
- Trade debts -€2,382
down €2,382 (-62.0%), from €3,842 to €1,460
- Contributions +€882
up €882 (+4.8%), from €18,371 to €19,253
- Other operating charges -€3,983
down €3,983 (-92.0%), from €4,327 to €344
- Gross operating margin -€3,880
down €3,880 (-56.8%), from €6,833 to €2,953
- Depreciation +€686
up €686 (+109%), from €630 to €1,316
- Taxes +€111
up €111 (+42.5%), from €261 to €372
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 | €23,734 | €22,339 | -€1,395 | -5.9% |
| Fixed assets | 21/28 | €3,235 | €1,919 | -€1,316 | -40.7% |
| Tangible fixed assets | 22/27 | €3,235 | €1,919 | -€1,316 | -40.7% |
| Furniture and vehicles | 24 | €3,235 | €1,919 | -€1,316 | -40.7% |
| Current assets | 29/58 | €20,499 | €20,420 | -€79 | -0.4% |
| Amounts receivable within one year | 40/41 | €7,218 | €9,818 | +€2,600 | +36.0% |
| Trade receivables | 40 | €1,960 | €4,326 | +€2,366 | +121% |
| Other amounts receivable | 41 | €5,258 | €5,492 | +€234 | +4.5% |
| Cash at bank and in hand | 54/58 | €13,281 | €9,890 | -€3,391 | -25.5% |
| Deferred charges and accrued income | 490/1 | - | €712 | +€712 | |
| Total equity and liabilities | 10/49 | €23,734 | €22,339 | -€1,395 | -5.9% |
| Equity | 10/15 | €18,371 | €19,253 | +€882 | +4.8% |
| Contributions | 10/11 | €18,371 | €19,253 | +€882 | +4.8% |
| Capital | 10 | €18,371 | €19,253 | +€882 | +4.8% |
| Amounts payable | 17/49 | €5,363 | €3,086 | -€2,277 | -42.5% |
| Amounts payable within one year | 42/48 | €5,363 | €3,086 | -€2,277 | -42.5% |
| Trade debts | 44 | €3,842 | €1,460 | -€2,382 | -62.0% |
| Suppliers | 440/4 | €3,842 | €1,460 | -€2,382 | -62.0% |
| Taxes, remuneration and social security | 45 | €1,521 | €1,626 | +€105 | +6.9% |
| Taxes | 450/3 | €1,521 | €1,626 | +€105 | +6.9% |
| Non-recurring operating income | 76A | €11,500 | - | -€11,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €630 | €1,316 | +€686 | +109% |
| Other operating charges | 640/8 | €4,327 | €344 | -€3,983 | -92.0% |
| Gross operating margin | 9900 | €6,833 | €2,953 | -€3,880 | -56.8% |
| Operating profit (loss) | 9901 | €1,876 | €1,293 | -€583 | -31.1% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €75 | €45 | -€30 | -40.0% |
| Recurring financial charges | 65 | €75 | €45 | -€30 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €1,801 | €1,254 | -€547 | -30.4% |
| Income taxes | 67/77 | €261 | €372 | +€111 | +42.5% |
| Profit (loss) for the period | 9904 | €1,540 | €882 | -€658 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,540 | €882 | -€658 | -42.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.