ECO-RIJSCHOOL: 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.
ECO-RIJSCHOOL
Largest movements
- Tangible fixed assets +€203,432
up €203,432 (+608%), from €33,454 to €236,886
of which Furniture and vehicles: +€199,836
- Receivables within one year -€28,419
no longer reported in 2024 (was €28,419)
of which Trade receivables: -€24,945
- Cash -€4,562
down €4,562 (-13.1%), from €34,916 to €30,354
mainly Investment in fixed assets (net) (-€256,473) and Trade debts (-€11,713)
- Tax, wage and social debts +€86,710
up €86,710 (+238%), from €36,404 to €123,114
of which Taxes: +€62,861
- Reserves +€70,712
up €70,712 (+583%), from €12,122 to €82,834
- Debts after one year +€17,107
new in 2024: €17,107
- Trade debts -€11,713
down €11,713 (-42.5%), from €27,548 to €15,835
- Current portion of long-term debt +€9,917
new in 2024: €9,917
- Gross operating margin +€206,386
up €206,386 (+454%), from €45,485 to €251,871
- Staff costs +€87,190
new in 2024: €87,190
- Depreciation +€44,515
up €44,515 (+695%), from €6,404 to €50,919
- Taxes +€20,163
up €20,163 (+208%), from €9,713 to €29,876
- Other operating charges +€7,912
up €7,912 (+244%), from €3,243 to €11,155
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,952 | €276,684 | +€172,732 | +166% |
| Fixed assets | 21/28 | €40,616 | €246,169 | +€205,554 | +506% |
| Intangible fixed assets | 21 | €597 | €368 | -€228 | -38.3% |
| Tangible fixed assets | 22/27 | €33,454 | €236,886 | +€203,432 | +608% |
| Land and buildings | 22 | €1,728 | €1,546 | -€182 | -10.5% |
| Furniture and vehicles | 24 | €31,726 | €231,562 | +€199,836 | +630% |
| Other tangible fixed assets | 26 | - | €3,778 | +€3,778 | |
| Financial fixed assets | 28 | €6,565 | €8,915 | +€2,350 | +35.8% |
| Current assets | 29/58 | €63,336 | €30,515 | -€32,821 | -51.8% |
| Amounts receivable within one year | 40/41 | €28,419 | - | -€28,419 | |
| Trade receivables | 40 | €24,945 | - | -€24,945 | |
| Other amounts receivable | 41 | €3,474 | - | -€3,474 | |
| Cash at bank and in hand | 54/58 | €34,916 | €30,354 | -€4,562 | -13.1% |
| Deferred charges and accrued income | 490/1 | - | €160 | +€160 | |
| Total equity and liabilities | 10/49 | €103,952 | €276,684 | +€172,732 | +166% |
| Equity | 10/15 | €39,999 | €110,711 | +€70,712 | +177% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,122 | €82,834 | +€70,712 | +583% |
| Distributable reserves | 133 | €12,122 | €82,834 | +€70,712 | +583% |
| Profit (loss) carried forward | 14 | €25,877 | €25,877 | = | 0.0% |
| Amounts payable | 17/49 | €63,952 | €165,973 | +€102,021 | +160% |
| Amounts payable after more than one year | 17 | - | €17,107 | +€17,107 | |
| Financial debts | 170/4 | - | €17,107 | +€17,107 | |
| Amounts payable within one year | 42/48 | €63,952 | €148,866 | +€84,914 | +133% |
| Current portion of amounts payable after more than one year | 42 | - | €9,917 | +€9,917 | |
| Trade debts | 44 | €27,548 | €15,835 | -€11,713 | -42.5% |
| Suppliers | 440/4 | €27,548 | €15,835 | -€11,713 | -42.5% |
| Taxes, remuneration and social security | 45 | €36,404 | €123,114 | +€86,710 | +238% |
| Taxes | 450/3 | €36,404 | €99,265 | +€62,861 | +173% |
| Remuneration and social security | 454/9 | - | €23,849 | +€23,849 | |
| Remuneration, social security and pensions | 62 | - | €87,190 | +€87,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,404 | €50,919 | +€44,515 | +695% |
| Other operating charges | 640/8 | €3,243 | €11,155 | +€7,912 | +244% |
| Gross operating margin | 9900 | €45,485 | €251,871 | +€206,386 | +454% |
| Operating profit (loss) | 9901 | €35,839 | €102,607 | +€66,768 | +186% |
| Financial charges | 65/66B | €249 | €2,019 | +€1,770 | +711% |
| Recurring financial charges | 65 | €249 | €2,019 | +€1,770 | +711% |
| Profit (loss) for the period before taxes | 9903 | €35,590 | €100,588 | +€64,998 | +183% |
| Income taxes | 67/77 | €9,713 | €29,876 | +€20,163 | +208% |
| Profit (loss) for the period | 9904 | €25,877 | €70,712 | +€44,834 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €25,877 | €70,712 | +€44,834 | +173% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.