Viva Padel: 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.
What changed
Viva Padel
NACE 93.129, Activities of other sports clubs
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€94,831
2024 · -€31,361-€63,471
Equity
€307,925
2024 · €402,756-€94,831
Cash
€22,508
2024 · €27,185-€4,677
Balance sheet total
€1.4m
2024 · €1.5m-€132,104
Largest movements
Assets
- Tangible fixed assets -€130,935
down €130,935 (-9.0%), from €1.5m to €1.3m
of which Land and buildings: -€71,183
Equity and liabilities
- Profit (loss) carried forward -€94,831
down €94,831 (-37.5%), from €252,756 to €157,925
- Current portion of long-term debt -€47,000
down €47,000 (-45.2%), from €104,000 to €57,000
Income statement
- Gross operating margin -€57,083
down €57,083 (-24.4%), from €234,414 to €177,331
- Staff costs +€26,606
up €26,606 (+33.5%), from €79,410 to €106,017
- Financial charges -€23,579
down €23,579 (-68.2%), from €34,572 to €10,994
- Other operating charges +€2,854
up €2,854 (+26.2%), from €10,900 to €13,754
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.
Result 2024
-€31,361
Gross operating margin
-€57,083
Staff costs
-€26,606
Depreciation
+€892
Write-downs
-€1,236
Other operating charges
-€2,854
Financial income
-€115
Financial charges
+€23,579
Taxes
-€47
Result 2025
-€94,831
raises the resultlowers the result
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.
From operations
+€51,546
Investment
-€9,223
Financing
-€47,000
Cash 2024
€27,185
From operations (derived)
+€51,546
Net result for the year
-€94,831
Depreciation
+€140,158
Receivables within one year
-€3,295
Deferred charges and accrued income
-€214
Trade debts
+€973
Tax, wage and social debts
+€6,459
Other debts
+€2,295
Investment (derived)
-€9,223
Investment in fixed assets (net)
-€9,223
Financing
-€47,000
Current portion of long-term debt
-€47,000
Cash 2025
€22,508
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,489,916 | €1,357,813 | -€132,104 | -8.9% |
| Fixed assets | 21/28 | €1,455,009 | €1,324,074 | -€130,935 | -9.0% |
| Tangible fixed assets | 22/27 | €1,455,009 | €1,324,074 | -€130,935 | -9.0% |
| Land and buildings | 22 | €1,083,814 | €1,012,631 | -€71,183 | -6.6% |
| Plant, machinery and equipment | 23 | €351,079 | €297,119 | -€53,960 | -15.4% |
| Furniture and vehicles | 24 | €20,116 | €14,325 | -€5,792 | -28.8% |
| Current assets | 29/58 | €34,907 | €33,739 | -€1,168 | -3.3% |
| Amounts receivable within one year | 40/41 | €4,271 | €7,565 | +€3,295 | +77.1% |
| Trade receivables | 40 | €4,172 | €6,782 | +€2,610 | +62.6% |
| Other amounts receivable | 41 | €99 | €783 | +€684 | +691% |
| Cash at bank and in hand | 54/58 | €27,185 | €22,508 | -€4,677 | -17.2% |
| Deferred charges and accrued income | 490/1 | €3,451 | €3,665 | +€214 | +6.2% |
| Total equity and liabilities | 10/49 | €1,489,916 | €1,357,813 | -€132,104 | -8.9% |
| Equity | 10/15 | €402,756 | €307,925 | -€94,831 | -23.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,756 | €157,925 | -€94,831 | -37.5% |
| Amounts payable | 17/49 | €1,087,160 | €1,049,888 | -€37,272 | -3.4% |
| Amounts payable after more than one year | 17 | €966,000 | €966,000 | = | 0.0% |
| Financial debts | 170/4 | €966,000 | €966,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,160 | €83,888 | -€37,272 | -30.8% |
| Current portion of amounts payable after more than one year | 42 | €104,000 | €57,000 | -€47,000 | -45.2% |
| Trade debts | 44 | €3,666 | €4,639 | +€973 | +26.6% |
| Suppliers | 440/4 | €3,666 | €4,639 | +€973 | +26.6% |
| Taxes, remuneration and social security | 45 | €13,415 | €19,874 | +€6,459 | +48.1% |
| Taxes | 450/3 | €7,958 | €9,508 | +€1,550 | +19.5% |
| Remuneration and social security | 454/9 | €5,457 | €10,366 | +€4,909 | +90.0% |
| Other amounts payable | 47/48 | €80 | €2,375 | +€2,295 | +2,886% |
| Non-recurring operating income | 76A | €16,244 | - | -€16,244 | |
| Remuneration, social security and pensions | 62 | €79,410 | €106,017 | +€26,606 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,050 | €140,158 | -€892 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,236 | +€1,236 | |
| Other operating charges | 640/8 | €10,900 | €13,754 | +€2,854 | +26.2% |
| Gross operating margin | 9900 | €234,414 | €177,331 | -€57,083 | -24.4% |
| Operating profit (loss) | 9901 | €3,054 | -€83,834 | -€86,888 | |
| Financial income | 75/76B | €158 | €43 | -€115 | -72.5% |
| Recurring financial income | 75 | €158 | €43 | -€115 | -72.5% |
| Financial charges | 65/66B | €34,572 | €10,994 | -€23,579 | -68.2% |
| Recurring financial charges | 65 | €34,572 | €10,994 | -€23,579 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,361 | -€94,784 | -€63,424 | -202% |
| Income taxes | 67/77 | - | €47 | +€47 | |
| Profit (loss) for the period | 9904 | -€31,361 | -€94,831 | -€63,471 | -202% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,361 | -€94,831 | -€63,471 | -202% |
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.