Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | João Cardoso | DF | |||
| 07/2003 | | Zé Pedro | MF |  | FC Felgueiras 1932 | FC Felgueiras |
| 07/2003 |  | Baptista | FW |  | Merelinense FC | Merelinense FC |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 | | Baptista | FW |  | CDC Montalegre | Montalegre |
| 07/2003 | | Rui Rego | GK |  | Marco | Marco |
| 07/2003 | | Celso | DF |  | FC Penafiel | Penafiel |
| 07/2003 | | Marco Silva | DF |  | SC Salgueiros | SC Salgueiros |