F9 Languages in Brussels: what changed
What changed
F9 Languages in Brussels
NACE 85.599, Other education
filed annual accounts (NBB)
Net result for the year
€45,902
2024 · €134,326-€88,424
Equity
-€3.6m
2024 · -€3.7m+€45,902
Cash
€401,366
2024 · €387,477+€13,889
Balance sheet total
€601,581
2024 · €649,687-€48,106
Largest movements
Assets
- Current investments -€37,951
down €37,951 (-32.6%), from €116,293 to €78,342
- Receivables within one year -€33,626
down €33,626 (-28.7%), from €117,240 to €83,614
of which Trade receivables: -€33,231
- Cash +€13,889
up €13,889 (+3.6%), from €387,477 to €401,366
mainly Net result for the year (+€45,902) and Current investments (+€37,951)
- Deferred charges and accrued income +€8,400
up €8,400 (+267%), from €3,149 to €11,549
Equity and liabilities
- Debts within one year -€95,029
down €95,029 (-47.8%), from €198,781 to €103,752
of which Current portion of long-term debt: -€100,000
- Profit (loss) carried forward +€45,902
up €45,902 (+1.2%), from -€3.7m to -€3.6m
Income statement
- Purchases and services -€399,523
no longer reported in 2025 (was €399,523)
- Gross operating margin -€80,671
down €80,671 (-18.9%), from €427,816 to €347,145
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€134,326
Gross operating margin
-€80,671
Staff costs
-€4,237
Depreciation
-€1,136
Other operating charges
+€346
Financial income
-€712
Financial charges
-€2,013
Result 2025
€45,902
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€20,221
Investment
+€34,110
Financing
€0
Cash 2024
€387,477
From operations (derived)
-€20,221
Net result for the year
+€45,902
Depreciation
+€2,659
Receivables within one year
+€33,626
Deferred charges and accrued income
-€8,400
Debts within one year
-€95,029
Accrued charges and deferred income
+€1,020
Investment (derived)
+€34,110
Investment in fixed assets (net)
-€3,841
Current investments
+€37,951
Cash 2025
€401,366
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €649,687 | €601,581 | -€48,106 | -7.4% |
| Fixed assets | 21/28 | €25,528 | €26,710 | +€1,182 | +4.6% |
| Tangible fixed assets | 22/27 | €3,652 | €4,741 | +€1,089 | +29.8% |
| Plant, machinery and equipment | 23 | €1,893 | - | -€1,893 | |
| Furniture and vehicles | 24 | €1,758 | €4,741 | +€2,982 | +170% |
| Financial fixed assets | 28 | €21,876 | €21,969 | +€93 | +0.4% |
| Current assets | 29/58 | €624,159 | €574,871 | -€49,288 | -7.9% |
| Amounts receivable within one year | 40/41 | €117,240 | €83,614 | -€33,626 | -28.7% |
| Trade receivables | 40 | €116,845 | €83,614 | -€33,231 | -28.4% |
| Other amounts receivable | 41 | €395 | €0 | -€395 | -100% |
| Current investments | 50/53 | €116,293 | €78,342 | -€37,951 | -32.6% |
| Cash at bank and in hand | 54/58 | €387,477 | €401,366 | +€13,889 | +3.6% |
| Deferred charges and accrued income | 490/1 | €3,149 | €11,549 | +€8,400 | +267% |
| Total equity and liabilities | 10/49 | €649,687 | €601,581 | -€48,106 | -7.4% |
| Equity | 10/15 | -€3,674,899 | -€3,628,997 | +€45,902 | +1.2% |
| Profit (loss) carried forward | 14 | -€3,674,899 | -€3,628,997 | +€45,902 | +1.2% |
| Amounts payable | 17/49 | €4,324,586 | €4,230,577 | -€94,009 | -2.2% |
| Amounts payable after more than one year | 17 | €4,120,418 | €4,120,418 | = | 0.0% |
| Financial debts | 170/4 | €4,120,418 | €4,120,418 | = | 0.0% |
| Amounts payable within one year | 42/48 | €198,781 | €103,752 | -€95,029 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €122,500 | €22,500 | -€100,000 | -81.6% |
| Trade debts | 44 | €27,359 | €48,659 | +€21,300 | +77.9% |
| Suppliers | 440/4 | €27,359 | €48,659 | +€21,300 | +77.9% |
| Taxes, remuneration and social security | 45 | €46,312 | €32,594 | -€13,718 | -29.6% |
| Taxes | 450/3 | €9,969 | €899 | -€9,070 | -91.0% |
| Remuneration and social security | 454/9 | €36,343 | €31,694 | -€4,649 | -12.8% |
| Accrued charges and deferred income | 492/3 | €5,387 | €6,407 | +€1,020 | +18.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €399,523 | - | -€399,523 | |
| Remuneration, social security and pensions | 62 | €291,727 | €295,964 | +€4,237 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,524 | €2,659 | +€1,136 | +74.5% |
| Other operating charges | 640/8 | €7,452 | €7,106 | -€346 | -4.6% |
| Gross operating margin | 9900 | €427,816 | €347,145 | -€80,671 | -18.9% |
| Operating profit (loss) | 9901 | €127,113 | €41,415 | -€85,698 | -67.4% |
| Financial income | 75/76B | €3,461 | €2,749 | -€712 | -20.6% |
| Recurring financial income | 75 | €3,461 | €2,749 | -€712 | -20.6% |
| Financial charges | 65/66B | -€3,751 | -€1,738 | +€2,013 | +53.7% |
| Recurring financial charges | 65 | -€3,751 | -€1,738 | +€2,013 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €134,326 | €45,902 | -€88,424 | -65.8% |
| Profit (loss) for the period | 9904 | €134,326 | €45,902 | -€88,424 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,326 | €45,902 | -€88,424 | -65.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.