BRAIN ACADEMY: 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.
BRAIN ACADEMY
Largest movements
- Cash -€121,933
down €121,933 (-69.9%), from €174,472 to €52,539
mainly Net result for the year (-€59,280) and Receivables within one year (-€25,456)
- Receivables within one year +€25,456
up €25,456 (+457%), from €5,566 to €31,022
of which Other amounts receivable: +€23,675
- Tangible fixed assets -€5,736
down €5,736 (-25.1%), from €22,808 to €17,072
of which Furniture and vehicles: -€4,291
- Profit (loss) carried forward -€59,280
down €59,280 (-51.0%), from €116,325 to €57,045
- Tax, wage and social debts -€25,398
down €25,398 (-76.8%), from €33,058 to €7,660
of which Taxes: -€25,528
- Other debts -€19,969
down €19,969 (-62.9%), from €31,738 to €11,769
- Trade debts +€2,575
up €2,575 (+65.0%), from €3,962 to €6,536
- Gross operating margin -€155,055
down €155,055 (-93.1%), from €166,539 to €11,484
- Taxes -€24,082
down €24,082 (-98.5%), from €24,436 to €354
- Financial charges +€21,497
up €21,497 (+4,634%), from €464 to €21,961
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 | €205,488 | €103,415 | -€102,073 | -49.7% |
| Fixed assets | 21/28 | €22,808 | €17,072 | -€5,736 | -25.1% |
| Tangible fixed assets | 22/27 | €22,808 | €17,072 | -€5,736 | -25.1% |
| Land and buildings | 22 | €9,439 | €10,515 | +€1,076 | +11.4% |
| Plant, machinery and equipment | 23 | €6,095 | €3,822 | -€2,274 | -37.3% |
| Furniture and vehicles | 24 | €6,364 | €2,074 | -€4,291 | -67.4% |
| Other tangible fixed assets | 26 | €910 | €662 | -€248 | -27.2% |
| Current assets | 29/58 | €182,680 | €86,343 | -€96,337 | -52.7% |
| Amounts receivable within one year | 40/41 | €5,566 | €31,022 | +€25,456 | +457% |
| Trade receivables | 40 | €1,524 | €3,305 | +€1,781 | +117% |
| Other amounts receivable | 41 | €4,042 | €27,718 | +€23,675 | +586% |
| Current investments | 50/53 | - | €187 | +€187 | |
| Cash at bank and in hand | 54/58 | €174,472 | €52,539 | -€121,933 | -69.9% |
| Deferred charges and accrued income | 490/1 | €2,641 | €2,595 | -€46 | -1.7% |
| Total equity and liabilities | 10/49 | €205,488 | €103,415 | -€102,073 | -49.7% |
| Equity | 10/15 | €136,730 | €77,450 | -€59,280 | -43.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,325 | €57,045 | -€59,280 | -51.0% |
| Amounts payable | 17/49 | €68,758 | €25,965 | -€42,793 | -62.2% |
| Amounts payable within one year | 42/48 | €68,758 | €25,965 | -€42,793 | -62.2% |
| Trade debts | 44 | €3,962 | €6,536 | +€2,575 | +65.0% |
| Suppliers | 440/4 | €3,962 | €6,536 | +€2,575 | +65.0% |
| Taxes, remuneration and social security | 45 | €33,058 | €7,660 | -€25,398 | -76.8% |
| Taxes | 450/3 | €27,955 | €2,427 | -€25,528 | -91.3% |
| Remuneration and social security | 454/9 | €5,103 | €5,233 | +€130 | +2.5% |
| Other amounts payable | 47/48 | €31,738 | €11,769 | -€19,969 | -62.9% |
| Remuneration, social security and pensions | 62 | €38,430 | €39,037 | +€607 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,860 | €8,886 | +€1,027 | +13.1% |
| Other operating charges | 640/8 | €2,315 | €1,219 | -€1,096 | -47.3% |
| Gross operating margin | 9900 | €166,539 | €11,484 | -€155,055 | -93.1% |
| Operating profit (loss) | 9901 | €117,935 | -€37,659 | -€155,593 | |
| Financial income | 75/76B | €169 | €694 | +€525 | +311% |
| Recurring financial income | 75 | €169 | €694 | +€525 | +311% |
| Financial charges | 65/66B | €464 | €21,961 | +€21,497 | +4,634% |
| Recurring financial charges | 65 | €464 | €21,961 | +€21,497 | +4,634% |
| Profit (loss) for the period before taxes | 9903 | €117,640 | -€58,926 | -€176,565 | |
| Income taxes | 67/77 | €24,436 | €354 | -€24,082 | -98.5% |
| Profit (loss) for the period | 9904 | €93,203 | -€59,280 | -€152,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,203 | -€59,280 | -€152,483 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.