Waregem Sport: 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.
Waregem Sport
Largest movements
- Cash -€294,718
down €294,718 (-42.3%), from €696,283 to €401,565
- Receivables within one year +€56,742
up €56,742 (+45.0%), from €126,234 to €182,976
- Deferred charges and accrued income +€18,001
new in 2025: €18,001
- Debts within one year -€215,528
down €215,528 (-31.2%), from €690,287 to €474,759
of which Trade debts: -€115,579
- Purchases and services +€1.7m
new in 2025: €1.7m
- Turnover +€149,863
new in 2025: €149,863
- Gross operating margin +€47,997
up €47,997 (+2.2%), from €2.2m to €2.2m
- Staff costs +€47,964
up €47,964 (+2.2%), from €2.2m to €2.2m
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €822,516 | €602,542 | -€219,974 | -26.7% |
| Current assets | 29/58 | €822,516 | €602,542 | -€219,974 | -26.7% |
| Amounts receivable within one year | 40/41 | €126,234 | €182,976 | +€56,742 | +45.0% |
| Trade receivables | 40 | €126,234 | €182,976 | +€56,742 | +45.0% |
| Cash at bank and in hand | 54/58 | €696,283 | €401,565 | -€294,718 | -42.3% |
| Deferred charges and accrued income | 490/1 | - | €18,001 | +€18,001 | |
| Total equity and liabilities | 10/49 | €822,516 | €602,542 | -€219,974 | -26.7% |
| Equity | 10/15 | €0 | €0 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €822,516 | €602,542 | -€219,974 | -26.7% |
| Amounts payable after more than one year | 17 | €5,259 | €5,359 | +€100 | +1.9% |
| Other amounts payable | 178/9 | €5,259 | €5,359 | +€100 | +1.9% |
| Amounts payable within one year | 42/48 | €690,287 | €474,759 | -€215,528 | -31.2% |
| Trade debts | 44 | €238,914 | €123,335 | -€115,579 | -48.4% |
| Suppliers | 440/4 | €238,914 | €123,335 | -€115,579 | -48.4% |
| Taxes, remuneration and social security | 45 | €273,322 | €299,922 | +€26,600 | +9.7% |
| Taxes | 450/3 | €43,957 | €42,618 | -€1,339 | -3.0% |
| Remuneration and social security | 454/9 | €229,365 | €257,305 | +€27,940 | +12.2% |
| Accrued charges and deferred income | 492/3 | €126,970 | €122,424 | -€4,546 | -3.6% |
| Turnover | 70 | - | €149,863 | +€149,863 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,678,829 | +€1.7m | |
| Remuneration, social security and pensions | 62 | €2,169,082 | €2,217,046 | +€47,964 | +2.2% |
| Gross operating margin | 9900 | €2,169,238 | €2,217,235 | +€47,997 | +2.2% |
| Operating profit (loss) | 9901 | €155 | €188 | +€33 | +21.1% |
| Financial income | 75/76B | €274 | €227 | -€47 | -17.2% |
| Recurring financial income | 75 | €274 | €227 | -€47 | -17.2% |
| Financial charges | 65/66B | €430 | €415 | -€14 | -3.4% |
| Recurring financial charges | 65 | €430 | €415 | -€14 | -3.4% |
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 18 October 2026 via checked.be.