YoPadel: 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.
YoPadel
Largest movements
- Receivables within one year -€255,756
down €255,756 (-36.2%), from €705,580 to €449,824
of which Trade receivables: -€323,753
- Tangible fixed assets -€98,249
down €98,249 (-68.8%), from €142,835 to €44,586
of which Other tangible fixed assets: -€75,198
- Stocks and contracts +€31,582
up €31,582 (+15.0%), from €210,068 to €241,651
- Cash +€12,998
up €12,998 (+18.1%), from €71,910 to €84,908
mainly Receivables within one year (+€255,756) and Current portion of long-term debt (+€227,114)
- Short-term financial debts -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Current portion of long-term debt +€227,114
up €227,114 (+239.6%), from €94,792 to €321,906
- Trade debts -€205,730
down €205,730 (-49.9%), from €411,930 to €206,200
- Debts after one year -€61,768
down €61,768 (-56.1%), from €110,167 to €48,399
- Advances received -€24,438
down €24,438 (-100.0%), from €24,438 to €0
- Gross operating margin -€114,278
down €114,278 (-47.7%), from €239,416 to €125,139
- Staff costs -€64,061
down €64,061 (-99.6%), from €64,304 to €243
- Taxes -€11,277
down €11,277 (-91.9%), from €12,277 to €1,000
- Write-downs -€6,558
down €6,558, from €3,279 to -€3,279
- Financial charges +€4,500
up €4,500 (+21.0%), from €21,433 to €25,933
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,131,365 | €822,331 | -€309,034 | -27.3% |
| Fixed assets | 21/28 | €143,807 | €45,299 | -€98,507 | -68.5% |
| Intangible fixed assets | 21 | €971 | €713 | -€258 | -26.6% |
| Tangible fixed assets | 22/27 | €142,835 | €44,586 | -€98,249 | -68.8% |
| Plant, machinery and equipment | 23 | €19,378 | €3,677 | -€15,701 | -81.0% |
| Furniture and vehicles | 24 | €16,410 | €9,059 | -€7,350 | -44.8% |
| Other tangible fixed assets | 26 | €107,048 | €31,849 | -€75,198 | -70.2% |
| Current assets | 29/58 | €987,559 | €777,032 | -€210,527 | -21.3% |
| Stocks and contracts in progress | 3 | €210,068 | €241,651 | +€31,582 | +15.0% |
| Stocks | 30/36 | €210,068 | €241,651 | +€31,582 | +15.0% |
| Amounts receivable within one year | 40/41 | €705,580 | €449,824 | -€255,756 | -36.2% |
| Trade receivables | 40 | €635,960 | €312,208 | -€323,753 | -50.9% |
| Other amounts receivable | 41 | €69,619 | €137,616 | +€67,997 | +97.7% |
| Cash at bank and in hand | 54/58 | €71,910 | €84,908 | +€12,998 | +18.1% |
| Deferred charges and accrued income | 490/1 | €0 | €649 | +€649 | |
| Total equity and liabilities | 10/49 | €1,131,365 | €822,331 | -€309,034 | -27.3% |
| Equity | 10/15 | €220,562 | €222,680 | +€2,119 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,962 | €204,080 | +€2,119 | +1.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €201,962 | €204,080 | +€2,119 | +1.0% |
| Amounts payable | 17/49 | €910,804 | €599,651 | -€311,153 | -34.2% |
| Amounts payable after more than one year | 17 | €110,167 | €48,399 | -€61,768 | -56.1% |
| Financial debts | 170/4 | €110,167 | €48,399 | -€61,768 | -56.1% |
| Amounts payable within one year | 42/48 | €800,636 | €549,992 | -€250,644 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €94,792 | €321,906 | +€227,114 | +239.6% |
| Financial debts | 43 | €250,000 | €0 | -€250,000 | -100.0% |
| Credit institutions | 430/8 | €250,000 | €0 | -€250,000 | -100.0% |
| Trade debts | 44 | €411,930 | €206,200 | -€205,730 | -49.9% |
| Suppliers | 440/4 | €411,930 | €206,200 | -€205,730 | -49.9% |
| Advances received on contracts in progress | 46 | €24,438 | €0 | -€24,438 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,478 | €21,886 | +€2,409 | +12.4% |
| Accrued charges and deferred income | 492/3 | - | €1,259 | +€1,259 | |
| Non-recurring operating income | 76A | - | €4,760 | +€4,760 | |
| Remuneration, social security and pensions | 62 | €64,304 | €243 | -€64,061 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,823 | €86,932 | -€1,890 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,279 | -€3,279 | -€6,558 | |
| Other operating charges | 640/8 | €14,929 | €12,362 | -€2,568 | -17.2% |
| Non-recurring operating charges | 66A | €247 | €0 | -€247 | -100.0% |
| Gross operating margin | 9900 | €239,416 | €125,139 | -€114,278 | -47.7% |
| Operating profit (loss) | 9901 | €67,834 | €28,881 | -€38,953 | -57.4% |
| Financial income | 75/76B | €0 | €171 | +€171 | |
| Recurring financial income | 75 | €0 | €171 | +€171 | |
| Financial charges | 65/66B | €21,433 | €25,933 | +€4,500 | +21.0% |
| Recurring financial charges | 65 | €21,433 | €25,933 | +€4,500 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €46,401 | €3,119 | -€43,282 | -93.3% |
| Income taxes | 67/77 | €12,277 | €1,000 | -€11,277 | -91.9% |
| Profit (loss) for the period | 9904 | €34,124 | €2,119 | -€32,005 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,124 | €2,119 | -€32,005 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.