HŠK Zrinjski Mostar ended the year 2025 with an excess of income over expenses of 3,708,254 KM, while it ended the year 2024 with a loss of 669,608 KM. Negative net capital decreased from 4,806,788 KM to 1,098,533 KM. This is shown by the audit report of the company K&P Revizija from Mostar, compiled for licensing purposes in the NS BiH and UEFA.
Authorized auditor Zoran Pinyuh in the report dated March 31, 2026, it concludes that the Club’s financial statements present “objectively and fairly, in all materially significant items, the Club’s financial position as of December 31, 2025.”
Revenues 19 million KM, growth of 69 percent
The total revenues of Zrinjski in 2025 amounted to 19.065.155 KMin relation to 11.293.880 KM in 2024. The biggest jump was recorded on the item “income from own activity” — from 7,293,177 KM they grew to 15.921.341 KM.
Revenues from the budget they fell from 3,173,000 KM to 2,489,000 KM. Income from membership fees they increased from 62,051 KM to 212,325 KM.
Humanitarian income they amounted to 284,826 KM (212,140 KM a year ago).
He pays 9.2 million KM
Costs of wages and other personal income in 2025 they amounted to 9,218,310 KM, compared to 7,309,842 KM a year earlier.
Costs of services received they amounted to 3,681,624 KM, materials, energy and fuel 574,136 KM, depreciation 147,703 KM, and financial expenses 185,066 KM. Total expenses amounted to 15,356,901 KM.
Item that UEFA’s Licensing Regulations require to be published separately — fees to intermediaries in player transfers — in 2025 it amounted to 151.125,61 KM.
Debt reduction of 6.77 million KM
According to the cash flow report, Zrinjski is in 2025 returned 6.771.469 KM of borrowed fundswhile in the same period he received new loans in the amount of 2,467,020 KM.
Long-term financial obligations they fell from 1.909.876 KM on the 23rd.985 KM. Short-term financial liabilities fell from 10,939,215 KM to 8,352,695 KM.
Cash balance at the end of 2025, it amounted to 118,248 KM, compared to 652,044 KM at the beginning of the year.
Investment real estate increased by 1.4 million KM
Item “Investments in investment properties” in the balance increased from 3,297,574 KM to 4,706,354 KM.
The total long-term assets of the Club as of December 31, 2025 are 5,103,417 KM, and the total assets are 7,551,643 KM.
Plan for 2026 — player sales and Europe
The auditor states in the report that The club plans to further reduce the negative net capital: by selling marketable players under contract in 2026. and income from placement in European competitions.
He also adds that during the audit, the Club presented the balance sheet as of February 28, 2026, “according to which evident income from the sale of players“.
The K&P audit did not determine the existence of a materially significant uncertainty which can be questioned time limitlessness of the Club’s operations.
The financial statements were signed by the director Ivan Beus and certified public accountant Marco Bevandaand the Club adopted them by Decision of February 28, 2026.
You can view the entire financial report HERE.
(www.jabuka.tv)
