BOREALIS LANGUAGE CENTER: 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.
BOREALIS LANGUAGE CENTER
Largest movements
- Tangible fixed assets -€5,433
down €5,433 (-19.1%), from €28,415 to €22,982
- Cash -€3,181
down €3,181 (-12.0%), from €26,510 to €23,329
mainly Debts after one year (-€5,680) and Net result for the year (-€2,706)
- Receivables within one year -€1,986
down €1,986 (-88.0%), from €2,258 to €272
- Debts after one year -€5,680
down €5,680 (-45.3%), from €12,540 to €6,860
- Profit (loss) carried forward -€2,706
down €2,706, from €2,603 to -€103
- Tax, wage and social debts -€2,369
down €2,369 (-82.3%), from €2,879 to €510
- Accrued charges and deferred income +€601
up €601 (+305%), from €197 to €798
- Gross operating margin -€6,102
down €6,102 (-50.5%), from €12,081 to €5,979
- Taxes -€2,007
down €2,007 (-84.9%), from €2,365 to €358
- Depreciation +€1,987
up €1,987 (+40.6%), from €4,890 to €6,877
- Financial charges -€388
down €388 (-31.6%), from €1,227 to €839
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 | €60,025 | €49,338 | -€10,687 | -17.8% |
| Fixed assets | 21/28 | €28,415 | €22,982 | -€5,433 | -19.1% |
| Tangible fixed assets | 22/27 | €28,415 | €22,982 | -€5,433 | -19.1% |
| Furniture and vehicles | 24 | €28,415 | €22,982 | -€5,433 | -19.1% |
| Current assets | 29/58 | €31,610 | €26,356 | -€5,254 | -16.6% |
| Amounts receivable within one year | 40/41 | €2,258 | €272 | -€1,986 | -88.0% |
| Other amounts receivable | 41 | €2,258 | €272 | -€1,986 | -88.0% |
| Cash at bank and in hand | 54/58 | €26,510 | €23,329 | -€3,181 | -12.0% |
| Deferred charges and accrued income | 490/1 | €2,842 | €2,755 | -€87 | -3.1% |
| Total equity and liabilities | 10/49 | €60,025 | €49,338 | -€10,687 | -17.8% |
| Equity | 10/15 | €37,827 | €35,121 | -€2,706 | -7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,824 | €22,824 | = | 0.0% |
| Distributable reserves | 133 | €22,824 | €22,824 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,603 | -€103 | -€2,706 | |
| Amounts payable | 17/49 | €22,198 | €14,217 | -€7,981 | -36.0% |
| Amounts payable after more than one year | 17 | €12,540 | €6,860 | -€5,680 | -45.3% |
| Financial debts | 170/4 | €12,540 | €6,860 | -€5,680 | -45.3% |
| Amounts payable within one year | 42/48 | €9,461 | €6,559 | -€2,902 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €3,960 | €4,050 | +€90 | +2.3% |
| Trade debts | 44 | €2,465 | €1,997 | -€468 | -19.0% |
| Suppliers | 440/4 | €2,465 | €1,997 | -€468 | -19.0% |
| Taxes, remuneration and social security | 45 | €2,879 | €510 | -€2,369 | -82.3% |
| Taxes | 450/3 | €2,879 | €510 | -€2,369 | -82.3% |
| Other amounts payable | 47/48 | €157 | €2 | -€155 | -98.7% |
| Accrued charges and deferred income | 492/3 | €197 | €798 | +€601 | +305% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,890 | €6,877 | +€1,987 | +40.6% |
| Other operating charges | 640/8 | €619 | €716 | +€97 | +15.7% |
| Gross operating margin | 9900 | €12,081 | €5,979 | -€6,102 | -50.5% |
| Operating profit (loss) | 9901 | €6,572 | -€1,614 | -€8,186 | |
| Financial income | 75/76B | €170 | €105 | -€65 | -38.2% |
| Recurring financial income | 75 | €170 | €105 | -€65 | -38.2% |
| Financial charges | 65/66B | €1,227 | €839 | -€388 | -31.6% |
| Recurring financial charges | 65 | €1,227 | €839 | -€388 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €5,515 | -€2,348 | -€7,863 | |
| Income taxes | 67/77 | €2,365 | €358 | -€2,007 | -84.9% |
| Profit (loss) for the period | 9904 | €3,150 | -€2,706 | -€5,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,150 | -€2,706 | -€5,856 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.