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Flanders Baroque 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.

What changed

Flanders Baroque Academy

BE 0898.491.303
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€726
2024 · €827-€1,552
Equity
€847
2024 · €1,573-€726
Cash
€300
2024 · €4,049-€3,749
Balance sheet total
€5,855
2024 · €4,049+€1,806

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€5,555

    new in 2025: €5,555

  • Cash -€3,749

    down €3,749 (-92.6%), from €4,049 to €300

    mainly Investment in fixed assets (net) (-€6,666) and Net result for the year (-€726)

Equity and liabilities
  • Debts within one year +€2,532

    up €2,532 (+102%), from €2,476 to €5,008

  • Profit (loss) carried forward -€1,552

    down €1,552, from €827 to -€726

  • Contributions +€827

    up €827 (+111%), from €746 to €1,573

Income statement
  • Turnover -€4,337

    down €4,337 (-34.4%), from €12,597 to €8,260

  • Purchases and services -€3,583

    down €3,583 (-31.4%), from €11,413 to €7,830

  • Depreciation +€798

    up €798 (+255%), from €313 to €1,111

  • Gross operating margin -€754

    down €754 (-63.7%), from €1,184 to €430

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €827
Gross operating margin -€754
Depreciation -€798
Financial charges +€0
Result 2025 -€726
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€2,917
Investment -€6,666
Financing €0
Cash 2024 €4,049
Net result for the year -€726
Depreciation +€1,111
Debts within one year +€2,532
Investment in fixed assets (net) -€6,666
Cash 2025 €300
brings cash intakes cash out
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,049 €5,855 +€1,806 +44.6%
Fixed assets 21/28 - €5,555 +€5,555
Tangible fixed assets 22/27 - €5,555 +€5,555
Plant, machinery and equipment 23 - €5,555 +€5,555
Current assets 29/58 €4,049 €300 -€3,749 -92.6%
Cash at bank and in hand 54/58 €4,049 €300 -€3,749 -92.6%
Total equity and liabilities 10/49 €4,049 €5,855 +€1,806 +44.6%
Equity 10/15 €1,573 €847 -€726 -46.1%
Contributions 10/11 €746 €1,573 +€827 +111%
Capital 10 €746 €1,573 +€827 +111%
Profit (loss) carried forward 14 €827 -€726 -€1,552
Amounts payable 17/49 €2,476 €5,008 +€2,532 +102%
Amounts payable within one year 42/48 €2,476 €5,008 +€2,532 +102%
Turnover 70 €12,597 €8,260 -€4,337 -34.4%
Goods, raw materials, services and sundry goods 60/61 €11,413 €7,830 -€3,583 -31.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €313 €1,111 +€798 +255%
Gross operating margin 9900 €1,184 €430 -€754 -63.7%
Operating profit (loss) 9901 €872 -€681 -€1,552
Financial charges 65/66B €45 €45 -€0 0.0%
Recurring financial charges 65 €45 €45 -€0 0.0%
Profit (loss) for the period before taxes 9903 €827 -€726 -€1,552
Profit (loss) for the period 9904 €827 -€726 -€1,552
Profit (loss) for the period to be appropriated 9905 €827 -€726 -€1,552

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 28 October 2026 via checked.be.