ACADEMIA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ACADEMIA
Largest movements
- Cash +€10,061
up €10,061 (+32.3%), from €31,109 to €41,170
mainly Trade debts (+€3,845) and Net result for the year (+€2,330)
- Stocks and contracts -€2,230
down €2,230 (-4.2%), from €52,493 to €50,262
- Trade debts +€3,845
up €3,845 (+33.0%), from €11,659 to €15,504
- Profit (loss) carried forward +€2,330
up €2,330 (+8.8%), from -€26,404 to -€24,074
- Accrued charges and deferred income +€1,450
new in 2025: €1,450
- Gross operating margin +€2,411
up €2,411 (+5.3%), from €45,921 to €48,333
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,157 | €126,420 | +€8,263 | +7.0% |
| Fixed assets | 21/28 | €28,038 | €28,550 | +€513 | +1.8% |
| Tangible fixed assets | 22/27 | €27,828 | €28,341 | +€513 | +1.8% |
| Land and buildings | 22 | €24,294 | €24,294 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,535 | €2,639 | -€896 | -25.3% |
| Furniture and vehicles | 24 | - | €1,409 | +€1,409 | |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €90,119 | €97,869 | +€7,750 | +8.6% |
| Stocks and contracts in progress | 3 | €52,493 | €50,262 | -€2,230 | -4.2% |
| Stocks | 30/36 | €52,493 | €50,262 | -€2,230 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,518 | €6,437 | -€81 | -1.2% |
| Trade receivables | 40 | €6,518 | €6,437 | -€81 | -1.2% |
| Cash at bank and in hand | 54/58 | €31,109 | €41,170 | +€10,061 | +32.3% |
| Total equity and liabilities | 10/49 | €118,157 | €126,420 | +€8,263 | +7.0% |
| Equity | 10/15 | €47,593 | €49,923 | +€2,330 | +4.9% |
| Contributions | 10/11 | €69,658 | €69,658 | = | 0.0% |
| Reserves | 13 | €4,338 | €4,338 | = | 0.0% |
| Distributable reserves | 133 | €4,338 | €4,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,404 | -€24,074 | +€2,330 | +8.8% |
| Amounts payable | 17/49 | €70,565 | €76,497 | +€5,932 | +8.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,565 | €25,047 | +€4,482 | +21.8% |
| Trade debts | 44 | €11,659 | €15,504 | +€3,845 | +33.0% |
| Suppliers | 440/4 | €11,659 | €15,504 | +€3,845 | +33.0% |
| Taxes, remuneration and social security | 45 | €8,906 | €9,543 | +€637 | +7.2% |
| Taxes | 450/3 | €4,039 | €4,514 | +€474 | +11.7% |
| Remuneration and social security | 454/9 | €4,867 | €5,029 | +€162 | +3.3% |
| Accrued charges and deferred income | 492/3 | - | €1,450 | +€1,450 | |
| Remuneration, social security and pensions | 62 | €36,882 | €37,225 | +€343 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €1,198 | +€302 | +33.7% |
| Other operating charges | 640/8 | €5,223 | €5,147 | -€76 | -1.5% |
| Gross operating margin | 9900 | €45,921 | €48,333 | +€2,411 | +5.3% |
| Operating profit (loss) | 9901 | €2,920 | €4,762 | +€1,842 | +63.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.5% |
| Financial charges | 65/66B | €2,214 | €2,432 | +€218 | +9.8% |
| Recurring financial charges | 65 | €2,214 | €2,432 | +€218 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €706 | €2,330 | +€1,624 | +230% |
| Profit (loss) for the period | 9904 | €706 | €2,330 | +€1,624 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €706 | €2,330 | +€1,624 | +230% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.