WsportU: 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.
WsportU
Largest movements
- Cash +€115,781
up €115,781 (+381%), from €30,382 to €146,164
mainly Other debts (+€173,698) and Net result for the year (+€64,291)
- Intangible fixed assets -€42,417
down €42,417 (-100%), from €42,417 to €0
- Current investments -€16,700
down €16,700 (-7.5%), from €223,546 to €206,846
- Tangible fixed assets -€6,930
down €6,930 (-17.2%), from €40,209 to €33,279
of which Plant, machinery and equipment: -€6,554
- Receivables within one year -€6,622
down €6,622 (-52.3%), from €12,665 to €6,044
of which Trade receivables: -€6,283
- Other debts +€173,698
up €173,698, from €0 to €173,698
- Reserves -€109,407
down €109,407 (-32.8%), from €333,605 to €224,197
- Debts after one year -€33,422
down €33,422 (-44.2%), from €75,665 to €42,243
- Tax, wage and social debts +€7,888
up €7,888 (+1,753%), from €450 to €8,338
of which Taxes: +€5,998
- Staff costs +€13,438
new in 2025: €13,438
- Gross operating margin -€13,225
down €13,225 (-7.7%), from €172,676 to €159,450
- Taxes -€6,647
down €6,647 (-16.9%), from €39,300 to €32,652
- Depreciation -€2,886
down €2,886 (-5.0%), from €57,428 to €54,542
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 | €446,037 | €485,620 | +€39,583 | +8.9% |
| Fixed assets | 21/28 | €82,626 | €33,279 | -€49,347 | -59.7% |
| Intangible fixed assets | 21 | €42,417 | €0 | -€42,417 | -100% |
| Tangible fixed assets | 22/27 | €40,209 | €33,279 | -€6,930 | -17.2% |
| Land and buildings | 22 | €9,954 | €7,452 | -€2,502 | -25.1% |
| Plant, machinery and equipment | 23 | €25,772 | €19,218 | -€6,554 | -25.4% |
| Furniture and vehicles | 24 | €1,601 | €4,392 | +€2,791 | +174% |
| Other tangible fixed assets | 26 | €2,881 | €2,217 | -€665 | -23.1% |
| Current assets | 29/58 | €363,411 | €452,341 | +€88,930 | +24.5% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €150 | €150 | = | 0.0% |
| Stocks | 30/36 | €150 | €150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,665 | €6,044 | -€6,622 | -52.3% |
| Trade receivables | 40 | €6,673 | €390 | -€6,283 | -94.2% |
| Other amounts receivable | 41 | €5,992 | €5,654 | -€339 | -5.7% |
| Current investments | 50/53 | €223,546 | €206,846 | -€16,700 | -7.5% |
| Cash at bank and in hand | 54/58 | €30,382 | €146,164 | +€115,781 | +381% |
| Deferred charges and accrued income | 490/1 | €6,668 | €3,138 | -€3,529 | -52.9% |
| Total equity and liabilities | 10/49 | €446,037 | €485,620 | +€39,583 | +8.9% |
| Equity | 10/15 | €336,105 | €226,697 | -€109,407 | -32.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €333,605 | €224,197 | -€109,407 | -32.8% |
| Distributable reserves | 133 | €333,605 | €224,197 | -€109,407 | -32.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €109,933 | €258,923 | +€148,990 | +136% |
| Amounts payable after more than one year | 17 | €75,665 | €42,243 | -€33,422 | -44.2% |
| Financial debts | 170/4 | €75,665 | €42,243 | -€33,422 | -44.2% |
| Amounts payable within one year | 42/48 | €34,132 | €216,680 | +€182,548 | +535% |
| Current portion of amounts payable after more than one year | 42 | €33,096 | €33,422 | +€327 | +1.0% |
| Trade debts | 44 | €586 | €1,222 | +€635 | +108% |
| Suppliers | 440/4 | €586 | €1,222 | +€635 | +108% |
| Taxes, remuneration and social security | 45 | €450 | €8,338 | +€7,888 | +1,753% |
| Taxes | 450/3 | €450 | €6,448 | +€5,998 | +1,333% |
| Remuneration and social security | 454/9 | - | €1,890 | +€1,890 | |
| Other amounts payable | 47/48 | €0 | €173,698 | +€173,698 | |
| Accrued charges and deferred income | 492/3 | €136 | €0 | -€136 | -100% |
| Remuneration, social security and pensions | 62 | - | €13,438 | +€13,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,428 | €54,542 | -€2,886 | -5.0% |
| Other operating charges | 640/8 | €872 | €448 | -€424 | -48.6% |
| Gross operating margin | 9900 | €172,676 | €159,450 | -€13,225 | -7.7% |
| Operating profit (loss) | 9901 | €114,376 | €91,022 | -€23,354 | -20.4% |
| Financial income | 75/76B | €7,182 | €7,113 | -€68 | -1.0% |
| Recurring financial income | 75 | €7,182 | €7,113 | -€68 | -1.0% |
| Financial charges | 65/66B | €2,714 | €1,192 | -€1,522 | -56.1% |
| Recurring financial charges | 65 | €2,714 | €1,192 | -€1,522 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €118,844 | €96,943 | -€21,901 | -18.4% |
| Income taxes | 67/77 | €39,300 | €32,652 | -€6,647 | -16.9% |
| Profit (loss) for the period | 9904 | €79,544 | €64,291 | -€15,254 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,544 | €64,291 | -€15,254 | -19.2% |
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.