TENNISSIMO: what changed
Two fiscal 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.
TENNISSIMO
Largest movements
- Tangible fixed assets -€131,198
down €131,198 (-5.2%), from €2.5m to €2.4m
of which Land and buildings: -€103,980
- Receivables within one year -€96,240
down €96,240 (-87.5%), from €110,048 to €13,808
of which Trade receivables: -€96,240
- Cash +€68,029
up €68,029 (+203.8%), from €33,372 to €101,402
mainly Debts after one year (+€165,777) and Depreciation (+€139,623)
- Profit (loss) carried forward -€207,308
down €207,308 (-14.8%), from -€1.4m to -€1.6m
- Debts after one year +€165,777
up €165,777 (+5.2%), from €3.2m to €3.4m
- Current portion of long-term debt -€58,659
down €58,659 (-56.4%), from €104,088 to €45,429
- Trade debts -€36,061
down €36,061 (-62.8%), from €57,468 to €21,407
- Financial charges +€139,301
up €139,301 (+187.8%), from €74,186 to €213,488
- Gross operating margin -€115,389
down €115,389 (-35.5%), from €325,279 to €209,891
- Staff costs -€8,150
down €8,150 (-25.8%), from €31,605 to €23,455
- Other operating charges +€4,038
up €4,038 (+11.0%), from €36,836 to €40,873
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,685,475 | €2,527,891 | -€157,584 | -5.9% |
| Fixed assets | 21/28 | €2,535,117 | €2,403,919 | -€131,198 | -5.2% |
| Tangible fixed assets | 22/27 | €2,535,117 | €2,403,919 | -€131,198 | -5.2% |
| Land and buildings | 22 | €2,403,516 | €2,299,536 | -€103,980 | -4.3% |
| Plant, machinery and equipment | 23 | €93,190 | €76,136 | -€17,053 | -18.3% |
| Furniture and vehicles | 24 | €38,411 | €28,247 | -€10,164 | -26.5% |
| Current assets | 29/58 | €150,358 | €123,972 | -€26,386 | -17.5% |
| Amounts receivable within one year | 40/41 | €110,048 | €13,808 | -€96,240 | -87.5% |
| Trade receivables | 40 | €110,048 | €13,808 | -€96,240 | -87.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,372 | €101,402 | +€68,029 | +203.8% |
| Deferred charges and accrued income | 490/1 | €6,937 | €8,762 | +€1,825 | +26.3% |
| Total equity and liabilities | 10/49 | €2,685,475 | €2,527,891 | -€157,584 | -5.9% |
| Equity | 10/15 | -€733,899 | -€941,207 | -€207,308 | -28.2% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Capital | 10 | €347,051 | €347,051 | = | 0.0% |
| Issued capital | 100 | €347,051 | €347,051 | = | 0.0% |
| Revaluation surpluses | 12 | €301,191 | €300,571 | -€620 | -0.2% |
| Reserves | 13 | €14,306 | €14,926 | +€620 | +4.3% |
| Non-distributable reserves | 130/1 | €372 | €372 | = | 0.0% |
| Legal reserve | 130 | €372 | €372 | = | 0.0% |
| Distributable reserves | 133 | €13,934 | €14,554 | +€620 | +4.4% |
| Profit (loss) carried forward | 14 | -€1,396,447 | -€1,603,755 | -€207,308 | -14.8% |
| Amounts payable | 17/49 | €3,419,374 | €3,469,098 | +€49,724 | +1.5% |
| Amounts payable after more than one year | 17 | €3,198,432 | €3,364,209 | +€165,777 | +5.2% |
| Financial debts | 170/4 | €3,198,432 | €3,364,209 | +€165,777 | +5.2% |
| Amounts payable within one year | 42/48 | €201,489 | €86,623 | -€114,867 | -57.0% |
| Current portion of amounts payable after more than one year | 42 | €104,088 | €45,429 | -€58,659 | -56.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €57,468 | €21,407 | -€36,061 | -62.8% |
| Suppliers | 440/4 | €57,468 | €21,407 | -€36,061 | -62.8% |
| Taxes, remuneration and social security | 45 | €3,636 | €7,014 | +€3,378 | +92.9% |
| Taxes | 450/3 | €1,065 | €3,536 | +€2,471 | +232.1% |
| Remuneration and social security | 454/9 | €2,571 | €3,477 | +€906 | +35.2% |
| Other amounts payable | 47/48 | €36,297 | €12,773 | -€23,524 | -64.8% |
| Accrued charges and deferred income | 492/3 | €19,453 | €18,267 | -€1,186 | -6.1% |
| Remuneration, social security and pensions | 62 | €31,605 | €23,455 | -€8,150 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,306 | €139,623 | +€2,317 | +1.7% |
| Other operating charges | 640/8 | €36,836 | €40,873 | +€4,038 | +11.0% |
| Gross operating margin | 9900 | €325,279 | €209,891 | -€115,389 | -35.5% |
| Operating profit (loss) | 9901 | €119,533 | €5,940 | -€113,593 | -95.0% |
| Financial income | 75/76B | €100 | €240 | +€140 | +139.7% |
| Recurring financial income | 75 | €100 | €240 | +€140 | +139.7% |
| Financial charges | 65/66B | €74,186 | €213,488 | +€139,301 | +187.8% |
| Recurring financial charges | 65 | €74,186 | €213,488 | +€139,301 | +187.8% |
| Profit (loss) for the period before taxes | 9903 | €45,447 | -€207,308 | -€252,755 | |
| Profit (loss) for the period | 9904 | €45,447 | -€207,308 | -€252,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,447 | -€207,308 | -€252,755 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.