WATERSPORTCENTRALE: 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.
WATERSPORTCENTRALE
Largest movements
- Tangible fixed assets -€24,331
down €24,331 (-29.3%), from €83,047 to €58,716
of which Furniture and vehicles: -€13,209
- Stocks and contracts -€17,059
down €17,059 (-3.1%), from €545,428 to €528,368
- Other debts -€14,870
down €14,870 (-3.6%), from €411,082 to €396,212
- Current portion of long-term debt -€14,598
down €14,598 (-100%), from €14,598 to €0
- Short-term financial debts -€9,074
down €9,074 (-11.1%), from €81,822 to €72,748
- Profit (loss) carried forward +€6,741
up €6,741 (+1.5%), from -€456,033 to -€449,292
- Gross operating margin -€11,471
down €11,471 (-9.3%), from €123,221 to €111,750
- Financial charges -€3,176
down €3,176 (-20.1%), from €15,823 to €12,647
- Staff costs +€2,692
up €2,692 (+4.5%), from €59,673 to €62,364
- Depreciation -€1,823
down €1,823 (-5.9%), from €30,794 to €28,970
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 | €657,113 | €617,660 | -€39,454 | -6.0% |
| Fixed assets | 21/28 | €89,512 | €64,257 | -€25,256 | -28.2% |
| Intangible fixed assets | 21 | €4,110 | €3,185 | -€925 | -22.5% |
| Tangible fixed assets | 22/27 | €83,047 | €58,716 | -€24,331 | -29.3% |
| Land and buildings | 22 | €18,093 | €12,509 | -€5,584 | -30.9% |
| Plant, machinery and equipment | 23 | €21,087 | €15,549 | -€5,538 | -26.3% |
| Furniture and vehicles | 24 | €43,867 | €30,658 | -€13,209 | -30.1% |
| Financial fixed assets | 28 | €2,355 | €2,355 | = | 0.0% |
| Current assets | 29/58 | €567,601 | €553,403 | -€14,198 | -2.5% |
| Stocks and contracts in progress | 3 | €545,428 | €528,368 | -€17,059 | -3.1% |
| Stocks | 30/36 | €545,428 | €528,368 | -€17,059 | -3.1% |
| Amounts receivable within one year | 40/41 | €9,908 | €12,906 | +€2,998 | +30.3% |
| Trade receivables | 40 | €8,423 | €10,065 | +€1,642 | +19.5% |
| Other amounts receivable | 41 | €1,485 | €2,841 | +€1,356 | +91.3% |
| Cash at bank and in hand | 54/58 | €9,624 | €9,173 | -€451 | -4.7% |
| Deferred charges and accrued income | 490/1 | €2,642 | €2,956 | +€314 | +11.9% |
| Total equity and liabilities | 10/49 | €657,113 | €617,660 | -€39,454 | -6.0% |
| Equity | 10/15 | €89,887 | €96,628 | +€6,741 | +7.5% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €95,920 | €95,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €50,920 | €50,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€456,033 | -€449,292 | +€6,741 | +1.5% |
| Amounts payable | 17/49 | €567,226 | €521,032 | -€46,195 | -8.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €567,226 | €521,032 | -€46,195 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €14,598 | €0 | -€14,598 | -100% |
| Financial debts | 43 | €81,822 | €72,748 | -€9,074 | -11.1% |
| Credit institutions | 430/8 | €81,822 | €72,748 | -€9,074 | -11.1% |
| Trade debts | 44 | €45,336 | €38,909 | -€6,427 | -14.2% |
| Suppliers | 440/4 | €45,336 | €38,909 | -€6,427 | -14.2% |
| Taxes, remuneration and social security | 45 | €14,389 | €13,163 | -€1,227 | -8.5% |
| Taxes | 450/3 | €6,111 | €4,579 | -€1,532 | -25.1% |
| Remuneration and social security | 454/9 | €8,278 | €8,584 | +€306 | +3.7% |
| Other amounts payable | 47/48 | €411,082 | €396,212 | -€14,870 | -3.6% |
| Remuneration, social security and pensions | 62 | €59,673 | €62,364 | +€2,692 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,794 | €28,970 | -€1,823 | -5.9% |
| Other operating charges | 640/8 | €1,352 | €1,360 | +€8 | +0.6% |
| Gross operating margin | 9900 | €123,221 | €111,750 | -€11,471 | -9.3% |
| Operating profit (loss) | 9901 | €31,402 | €19,055 | -€12,347 | -39.3% |
| Financial income | 75/76B | €181 | €332 | +€152 | +84.2% |
| Recurring financial income | 75 | €181 | €332 | +€152 | +84.2% |
| Financial charges | 65/66B | €15,823 | €12,647 | -€3,176 | -20.1% |
| Recurring financial charges | 65 | €15,823 | €12,647 | -€3,176 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €15,760 | €6,741 | -€9,019 | -57.2% |
| Profit (loss) for the period | 9904 | €15,760 | €6,741 | -€9,019 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,760 | €6,741 | -€9,019 | -57.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.