Annual Report 2024/2025

Scope of consolidated financial statements

In addition to Borussia Dortmund GmbH & Co. KGaA, the consolidated financial statements include nine (30 June 2024: nine) fully consolidated subsidiaries, one associate (Orthomed Medizinisches Leistungs- und Rehabilitationszentrum GmbH) and, since this financial year, one joint venture (BVB Gesundheitswelt GmbH), each accounted for using the equity method. The list of shareholdings as at 30 June 2025 was as follows:

Shareholdings (30 June 2025)

 

 

Registered office

 

Share capital (EUR ‘000) as at 30/06/2025

 

Share­holding %

 

Equity (EUR ‘000) as at 30/06/2025

 

Net profit/
loss
(EUR ‘000) 01/07/2024 to 30/06/2025

 

 

 

 

 

 

 

 

 

 

 

Fully consolidated companies:

besttravel Dortmund GmbH*

 

Dortmund

 

50

 

100.00

 

144

 

1,685

BVB Event & Catering GmbH*

 

Dortmund

 

25

 

100.00

 

25

 

3,777

BVB Fußballakademie GmbH*

 

Dortmund

 

50

 

100.00

 

456

 

1,899

BVB Merchandising GmbH*

 

Dortmund

 

75

 

100.00

 

10,881

 

6,687

BVB Stadionmanagement GmbH*

 

Dortmund

 

52

 

100.00

 

66

 

286

BVB International Holding GmbH

 

Dortmund

 

25

 

100.00

 

550

 

0

Borussia Dortmund Football (Shanghai) Co., Ltd.

 

Shanghai

 

128

 

100.00

 

205

 

77

BVB Americas Inc.

 

New York

 

0

 

100.00

 

63

 

32

BVB Asia Pacific Pte. Ltd.

 

Singapore

 

66

 

100.00

 

396

 

39

 

 

 

 

 

 

 

 

 

 

 

Investments accounted for using the equity method:

BVB Gesundheitswelt GmbH

 

Dortmund

 

250

 

49.00

 

900

 

0

Orthomed Medizinisches Leistungs-
und Rehabilitationszentrum GmbH**

 

Dortmund

 

52

 

33.33

 

1,151

 

28

*

Profit and loss transfer agreements are in force. Profit/loss (HGB) of the company prior to transfer to/absorption by the consolidated tax group parent.

**

Included in the consolidated financial statements as at 30 June 2025 as an associate on the basis of the net profit/loss (HGB) reported as at 31 December 2024.

Shareholdings (30 June 2024)

 

 

Registered office

 

Share capital (EUR ‘000) as at 30/06/2024

 

Share­holding %

 

Equity (EUR ‘000) as at 30/06/2024

 

Net profit/
loss
(EUR ‘000) 01/07/2023 to 30/06/2024

 

 

 

 

 

 

 

 

 

 

 

Fully consolidated companies:

besttravel Dortmund GmbH*

 

Dortmund

 

50

 

100.00

 

144

 

2,132

BVB Event & Catering GmbH*

 

Dortmund

 

25

 

100.00

 

25

 

3,095

BVB Fußballakademie GmbH*

 

Dortmund

 

50

 

100.00

 

456

 

1,031

BVB Merchandising GmbH*

 

Dortmund

 

75

 

100.00

 

10,881

 

11,019

BVB Stadionmanagement GmbH*

 

Dortmund

 

52

 

100.00

 

66

 

294

BVB International Holding GmbH

 

Dortmund

 

25

 

100.00

 

450

 

0

Borussia Dortmund Football (Shanghai) Co., Ltd.

 

Shanghai

 

129

 

100.00

 

129

 

0

BVB Americas Inc.

 

New York

 

0

 

100.00

 

31

 

31

BVB Asia Pacific Pte. Ltd.

 

Singapore

 

66

 

100.00

 

341

 

37

 

 

 

 

 

 

 

 

 

 

 

Investments accounted for using the equity method:

Orthomed Medizinisches Leistungs-
und Rehabilitationszentrum GmbH**

 

Dortmund

 

52

 

33.33

 

1,067

 

21

*

Profit and loss transfer agreements are in force. Profit/loss (HGB) of the company prior to transfer to/absorption by the consolidated tax group parent.

**

Included in the consolidated financial statements as at 30 June 2024 as an associate on the basis of the net profit/loss (HGB) reported as at 31 December 2023.

No interim financial statements were prepared for Orthomed Medizinisches Leistungs- und Rehabilitationszentrum GmbH (Orthomed GmbH) as at 30 June 2025 due to the fact that there would be no material impact on the consolidated financial statements.

Please refer to Note 33 for disclosures on transactions with related parties.

2nd match day UCL / 01/10/2024

BVB - Celtic Glasgow 7:1

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