Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 |  | Alfredo Bonfim | MF |  | Leixões SC | Leixões SC |
| 07/2003 |  | Tó Figueira | GK |  | FC Famalicão | FC Famalicão |
| 07/2003 | | Barros | DF | | Leixões SC | Leixões SC |
| 07/2003 | | Jorge Vilaça | DF | | Leixões SC | Leixões SC |
| 07/2003 | | Tiago Lopes | DF | |||
| 07/2003 | | Israel | MF | | Leixões SC | Leixões SC |
| 07/2003 | | Serginho | MF | |||
| 07/2003 | | Hugo Moreira | FW |  | União Lamas | União Lamas |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 | | Jorge Vilaça | DF | | Leixões SC | Leixões SC |
| 07/2003 | | Pedro Geraldo | DF |  | FC Lixa | FC Lixa |
| 07/2003 | | Miguel Martinho | AS-CO |  | CD Feirense | Feirense |