BRUNO COLMANT ACADEMIC: 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.
BRUNO COLMANT ACADEMIC
Largest movements
- Cash +€414,615
up €414,615 (+1,117%), from €37,119 to €451,734
mainly Net result for the year (+€295,222) and Current investments (+€57,879)
- Current investments -€57,879
down €57,879 (-3.5%), from €1.7m to €1.6m
- Receivables within one year -€55,805
down €55,805 (-37.5%), from €148,989 to €93,184
of which Other amounts receivable: -€65,871
- Profit (loss) carried forward +€295,222
up €295,222 (+13.7%), from €2.2m to €2.5m
- Financial income +€174,798
up €174,798 (+120%), from €145,606 to €320,403
- Gross operating margin -€145,383
down €145,383 (-95.3%), from €152,597 to €7,214
- Financial charges -€128,066
down €128,066, from €59,162 to -€68,903
- Taxes +€5,797
up €5,797 (+7.7%), from €75,569 to €81,366
- Other operating charges -€2,656
down €2,656 (-23.9%), from €11,107 to €8,451
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 | €2,315,952 | €2,595,577 | +€279,625 | +12.1% |
| Fixed assets | 21/28 | €450,189 | €439,193 | -€10,996 | -2.4% |
| Tangible fixed assets | 22/27 | €450,189 | €439,193 | -€10,996 | -2.4% |
| Land and buildings | 22 | €404,763 | €394,243 | -€10,520 | -2.6% |
| Furniture and vehicles | 24 | €34,346 | €33,869 | -€477 | -1.4% |
| Other tangible fixed assets | 26 | €11,080 | €11,080 | = | 0.0% |
| Current assets | 29/58 | €1,865,763 | €2,156,385 | +€290,622 | +15.6% |
| Amounts receivable within one year | 40/41 | €148,989 | €93,184 | -€55,805 | -37.5% |
| Trade receivables | 40 | €33,117 | €43,184 | +€10,066 | +30.4% |
| Other amounts receivable | 41 | €115,871 | €50,000 | -€65,871 | -56.8% |
| Current investments | 50/53 | €1,667,347 | €1,609,468 | -€57,879 | -3.5% |
| Cash at bank and in hand | 54/58 | €37,119 | €451,734 | +€414,615 | +1,117% |
| Deferred charges and accrued income | 490/1 | €12,309 | €1,999 | -€10,310 | -83.8% |
| Total equity and liabilities | 10/49 | €2,315,952 | €2,595,577 | +€279,625 | +12.1% |
| Equity | 10/15 | €2,250,624 | €2,545,845 | +€295,222 | +13.1% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,157,124 | €2,452,345 | +€295,222 | +13.7% |
| Amounts payable | 17/49 | €65,328 | €49,732 | -€15,596 | -23.9% |
| Amounts payable within one year | 42/48 | €64,416 | €47,822 | -€16,594 | -25.8% |
| Trade debts | 44 | €39,766 | €16,491 | -€23,275 | -58.5% |
| Suppliers | 440/4 | €39,766 | €16,491 | -€23,275 | -58.5% |
| Taxes, remuneration and social security | 45 | €4,010 | €2,872 | -€1,138 | -28.4% |
| Taxes | 450/3 | €4,010 | €2,872 | -€1,138 | -28.4% |
| Other amounts payable | 47/48 | €20,639 | €28,459 | +€7,820 | +37.9% |
| Accrued charges and deferred income | 492/3 | €913 | €1,910 | +€997 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,841 | €11,482 | +€641 | +5.9% |
| Other operating charges | 640/8 | €11,107 | €8,451 | -€2,656 | -23.9% |
| Gross operating margin | 9900 | €152,597 | €7,214 | -€145,383 | -95.3% |
| Operating profit (loss) | 9901 | €130,650 | -€12,719 | -€143,368 | |
| Financial income | 75/76B | €145,606 | €320,403 | +€174,798 | +120% |
| Recurring financial income | 75 | €145,606 | €320,403 | +€174,798 | +120% |
| Financial charges | 65/66B | €59,162 | -€68,903 | -€128,066 | |
| Recurring financial charges | 65 | €59,162 | -€68,903 | -€128,066 | |
| Profit (loss) for the period before taxes | 9903 | €217,093 | €376,588 | +€159,495 | +73.5% |
| Income taxes | 67/77 | €75,569 | €81,366 | +€5,797 | +7.7% |
| Profit (loss) for the period | 9904 | €141,524 | €295,222 | +€153,698 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €141,524 | €295,222 | +€153,698 | +109% |
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 29 October 2026 via checked.be.