Upsports: 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.
Upsports
Largest movements
- Tangible fixed assets -€16,183
down €16,183 (-7.9%), from €205,470 to €189,287
of which Plant, machinery and equipment: -€11,951
- Cash +€7,385
up €7,385 (+402.0%), from €1,837 to €9,222
mainly Depreciation (+€36,093) and Net result for the year (+€32,200)
- Deferred charges and accrued income -€2,911
down €2,911 (-40.6%), from €7,169 to €4,258
- Current portion of long-term debt -€27,610
down €27,610 (-50.3%), from €54,852 to €27,242
- Tax, wage and social debts +€26,379
up €26,379 (+76.9%), from €34,299 to €60,678
of which Taxes: +€16,990
- Debts after one year -€23,530
down €23,530 (-35.2%), from €66,860 to €43,330
- Reserves +€19,347
new in 2025: €19,347
- Profit (loss) carried forward +€12,853
up €12,853, from -€12,853 to €0
- Gross operating margin +€30,836
up €30,836 (+14.6%), from €211,169 to €242,005
- Staff costs +€17,478
up €17,478 (+13.0%), from €134,076 to €151,554
- Taxes +€12,337
up €12,337 (+1970.4%), from €626 to €12,964
- Depreciation +€3,352
up €3,352 (+10.2%), from €32,741 to €36,093
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.
Cash bridge derived
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 | €288,497 | €279,662 | -€8,835 | -3.1% |
| Fixed assets | 21/28 | €205,470 | €189,287 | -€16,183 | -7.9% |
| Tangible fixed assets | 22/27 | €205,470 | €189,287 | -€16,183 | -7.9% |
| Plant, machinery and equipment | 23 | €81,244 | €69,293 | -€11,951 | -14.7% |
| Other tangible fixed assets | 26 | €124,226 | €119,994 | -€4,232 | -3.4% |
| Current assets | 29/58 | €83,027 | €90,376 | +€7,348 | +8.9% |
| Stocks and contracts in progress | 3 | €47,288 | €47,288 | = | 0.0% |
| Stocks | 30/36 | €47,288 | €47,288 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,734 | €29,608 | +€2,874 | +10.8% |
| Trade receivables | 40 | €26,734 | €29,608 | +€2,874 | +10.8% |
| Cash at bank and in hand | 54/58 | €1,837 | €9,222 | +€7,385 | +402.0% |
| Deferred charges and accrued income | 490/1 | €7,169 | €4,258 | -€2,911 | -40.6% |
| Total equity and liabilities | 10/49 | €288,497 | €279,662 | -€8,835 | -3.1% |
| Equity | 10/15 | €10,147 | €42,347 | +€32,200 | +317.3% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | - | €19,347 | +€19,347 | |
| Distributable reserves | 133 | - | €19,347 | +€19,347 | |
| Profit (loss) carried forward | 14 | -€12,853 | €0 | +€12,853 | |
| Amounts payable | 17/49 | €278,350 | €237,316 | -€41,034 | -14.7% |
| Amounts payable after more than one year | 17 | €66,860 | €43,330 | -€23,530 | -35.2% |
| Financial debts | 170/4 | €66,860 | €43,330 | -€23,530 | -35.2% |
| Amounts payable within one year | 42/48 | €209,403 | €192,606 | -€16,797 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €54,852 | €27,242 | -€27,610 | -50.3% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €15,082 | €11,154 | -€3,929 | -26.0% |
| Suppliers | 440/4 | €15,082 | €11,154 | -€3,929 | -26.0% |
| Taxes, remuneration and social security | 45 | €34,299 | €60,678 | +€26,379 | +76.9% |
| Taxes | 450/3 | €11,947 | €28,937 | +€16,990 | +142.2% |
| Remuneration and social security | 454/9 | €22,352 | €31,741 | +€9,389 | +42.0% |
| Other amounts payable | 47/48 | €80,170 | €68,533 | -€11,638 | -14.5% |
| Accrued charges and deferred income | 492/3 | €2,087 | €1,380 | -€707 | -33.9% |
| Remuneration, social security and pensions | 62 | €134,076 | €151,554 | +€17,478 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,741 | €36,093 | +€3,352 | +10.2% |
| Other operating charges | 640/8 | €3,623 | €3,200 | -€423 | -11.7% |
| Gross operating margin | 9900 | €211,169 | €242,005 | +€30,836 | +14.6% |
| Operating profit (loss) | 9901 | €40,729 | €51,158 | +€10,429 | +25.6% |
| Financial income | 75/76B | €10 | €2 | -€8 | -78.3% |
| Recurring financial income | 75 | €10 | €2 | -€8 | -78.3% |
| Financial charges | 65/66B | €6,497 | €5,997 | -€500 | -7.7% |
| Recurring financial charges | 65 | €6,497 | €5,997 | -€500 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €34,242 | €45,163 | +€10,922 | +31.9% |
| Income taxes | 67/77 | €626 | €12,964 | +€12,337 | +1970.4% |
| Profit (loss) for the period | 9904 | €33,616 | €32,200 | -€1,416 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,616 | €32,200 | -€1,416 | -4.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.