TOPSPORTSLAB: 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.
TOPSPORTSLAB
Largest movements
- Cash -€26,789
down €26,789 (-99.3%), from €26,978 to €189
mainly Net result for the year (-€24,319) and Receivables within one year (-€21,387)
- Receivables within one year +€21,387
up €21,387 (+125%), from €17,170 to €38,558
of which Other amounts receivable: +€22,855
- Profit (loss) carried forward -€24,319
new in 2025: -€24,319
- Short-term financial debts +€10,530
new in 2025: €10,530
- Trade debts +€8,631
up €8,631 (+258%), from €3,346 to €11,976
- Gross operating margin -€33,914
down €33,914, from €19,131 to -€14,784
- Financial charges +€3,639
up €3,639 (+70.8%), from €5,137 to €8,777
of which Non-recurring financial charges: +€3,838
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 | €203,556 | €198,914 | -€4,642 | -2.3% |
| Fixed assets | 21/28 | €159,407 | €159,115 | -€292 | -0.2% |
| Intangible fixed assets | 21 | €159,115 | €159,115 | = | 0.0% |
| Tangible fixed assets | 22/27 | €292 | - | -€292 | |
| Furniture and vehicles | 24 | €292 | - | -€292 | |
| Current assets | 29/58 | €44,149 | €39,800 | -€4,349 | -9.9% |
| Amounts receivable within one year | 40/41 | €17,170 | €38,558 | +€21,387 | +125% |
| Trade receivables | 40 | €12,156 | €10,688 | -€1,468 | -12.1% |
| Other amounts receivable | 41 | €5,014 | €27,870 | +€22,855 | +456% |
| Cash at bank and in hand | 54/58 | €26,978 | €189 | -€26,789 | -99.3% |
| Deferred charges and accrued income | 490/1 | - | €1,053 | +€1,053 | |
| Total equity and liabilities | 10/49 | €203,556 | €198,914 | -€4,642 | -2.3% |
| Equity | 10/15 | €199,250 | €174,931 | -€24,319 | -12.2% |
| Contributions | 10/11 | €140,272 | €140,272 | = | 0.0% |
| Capital | 10 | €140,272 | €140,272 | = | 0.0% |
| Issued capital | 100 | €140,272 | €140,272 | = | 0.0% |
| Reserves | 13 | €58,978 | €58,978 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,027 | €14,027 | = | 0.0% |
| Legal reserve | 130 | €14,027 | €14,027 | = | 0.0% |
| Distributable reserves | 133 | €44,951 | €44,951 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,319 | -€24,319 | |
| Amounts payable | 17/49 | €4,306 | €23,983 | +€19,677 | +457% |
| Amounts payable within one year | 42/48 | €4,306 | €23,983 | +€19,677 | +457% |
| Financial debts | 43 | - | €10,530 | +€10,530 | |
| Credit institutions | 430/8 | - | €10,530 | +€10,530 | |
| Trade debts | 44 | €3,346 | €11,976 | +€8,631 | +258% |
| Suppliers | 440/4 | €3,346 | €11,976 | +€8,631 | +258% |
| Advances received on contracts in progress | 46 | €960 | €960 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €220 | +€220 | |
| Taxes | 450/3 | - | €220 | +€220 | |
| Other amounts payable | 47/48 | - | €297 | +€297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €292 | -€183 | -38.5% |
| Other operating charges | 640/8 | €472 | €495 | +€23 | +4.8% |
| Gross operating margin | 9900 | €19,131 | -€14,784 | -€33,914 | |
| Operating profit (loss) | 9901 | €18,183 | -€15,571 | -€33,753 | |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €5,137 | €8,777 | +€3,639 | +70.8% |
| Recurring financial charges | 65 | €2,137 | €1,938 | -€199 | -9.3% |
| Non-recurring financial charges | 66B | €3,000 | €6,838 | +€3,838 | +128% |
| Profit (loss) for the period before taxes | 9903 | €13,045 | -€24,319 | -€37,364 | |
| Profit (loss) for the period | 9904 | €13,045 | -€24,319 | -€37,364 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,045 | -€24,319 | -€37,364 |
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 19 October 2026 via checked.be.