| VfR Neumünster beat Borussia Dortmund II 2-1 (A) on 27 Mar 2004 |
| Borussia Dortmund II beat Paderborn 3-1 (A) on 29 Nov 2003 |
| Paderborn beat Sachsen Leipzig 2-1 (H) on 9 Aug 2003 |
| Sachsen Leipzig beat Wuppertaler SV 4-0 (H) on 2 Nov 2003 |
| Wuppertaler SV beat Preußen Münster 2-1 (H) on 6 Sep 2003 |
| Preußen Münster beat Schalke 04 II 2-0 (A) on 21 Feb 2004 |
| Schalke 04 II beat Chemnitzer 2-0 (H) on 16 Nov 2003 |
| Chemnitzer beat Köln II 2-1 (A) on 6 Dec 2003 |
| Köln II beat Werder Bremen II 2-0 (H) on 18 Sep 2003 |
| Werder Bremen II beat Wattenscheid 6-1 (A) on 24 Oct 2003 |
| Wattenscheid beat Hamburger SV II 3-2 (A) on 23 Aug 2003 |
| Hamburger SV II beat Uerdingen 1-0 (A) on 6 Dec 2003 |
| Uerdingen beat Rot Weiss Essen 2-0 (A) on 23 Aug 2003 |
| Rot Weiss Essen beat St Pauli 2-1 (A) on 13 Sep 2003 |
| St Pauli beat Eintracht Braunschweig 1-0 (H) on 22 Nov 2003 |
| Eintracht Braunschweig beat Dynamo Dresden 3-2 (H) on 3 Aug 2003 |
| Dynamo Dresden beat Holstein Kiel 3-0 (H) on 13 Sep 2003 |
| Holstein Kiel beat VfR Neumünster 4-0 (H) on 9 Aug 2003 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.