HANDS-ON 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.
HANDS-ON ACADEMY
Largest movements
- Receivables within one year -€22,403
down €22,403 (-48.3%), from €46,378 to €23,975
of which Trade receivables: -€18,929
- Cash +€15,954
up €15,954 (+40.4%), from €39,523 to €55,476
mainly Receivables within one year (+€22,403) and Trade debts (+€2,107)
- Tax, wage and social debts -€6,758
down €6,758 (-36.1%), from €18,701 to €11,944
- Other debts -€2,639
no longer reported in 2025 (was €2,639)
- Trade debts +€2,107
new in 2025: €2,107
- Gross operating margin -€50,053
down €50,053 (-89.8%), from €55,762 to €5,709
- Taxes -€11,038
down €11,038 (-96.1%), from €11,491 to €453
- Financial charges +€3,404
up €3,404 (+535%), from €636 to €4,040
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 | €85,901 | €79,452 | -€6,449 | -7.5% |
| Current assets | 29/58 | €85,901 | €79,452 | -€6,449 | -7.5% |
| Amounts receivable within one year | 40/41 | €46,378 | €23,975 | -€22,403 | -48.3% |
| Trade receivables | 40 | €39,928 | €21,000 | -€18,929 | -47.4% |
| Other amounts receivable | 41 | €6,450 | €2,976 | -€3,474 | -53.9% |
| Cash at bank and in hand | 54/58 | €39,523 | €55,476 | +€15,954 | +40.4% |
| Total equity and liabilities | 10/49 | €85,901 | €79,452 | -€6,449 | -7.5% |
| Equity | 10/15 | €64,560 | €65,401 | +€841 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,560 | €62,401 | +€841 | +1.4% |
| Distributable reserves | 133 | €61,560 | €62,401 | +€841 | +1.4% |
| Amounts payable | 17/49 | €21,340 | €14,051 | -€7,290 | -34.2% |
| Amounts payable within one year | 42/48 | €21,340 | €14,051 | -€7,290 | -34.2% |
| Trade debts | 44 | - | €2,107 | +€2,107 | |
| Suppliers | 440/4 | - | €2,107 | +€2,107 | |
| Taxes, remuneration and social security | 45 | €18,701 | €11,944 | -€6,758 | -36.1% |
| Taxes | 450/3 | €18,701 | €11,944 | -€6,758 | -36.1% |
| Other amounts payable | 47/48 | €2,639 | - | -€2,639 | |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €55,762 | €5,709 | -€50,053 | -89.8% |
| Operating profit (loss) | 9901 | €55,311 | €5,243 | -€50,067 | -90.5% |
| Financial income | 75/76B | €1 | €90 | +€89 | +11,096% |
| Recurring financial income | 75 | €1 | €90 | +€89 | +11,096% |
| Financial charges | 65/66B | €636 | €4,040 | +€3,404 | +535% |
| Recurring financial charges | 65 | €636 | €4,040 | +€3,404 | +535% |
| Profit (loss) for the period before taxes | 9903 | €54,676 | €1,293 | -€53,382 | -97.6% |
| Income taxes | 67/77 | €11,491 | €453 | -€11,038 | -96.1% |
| Profit (loss) for the period | 9904 | €43,185 | €841 | -€42,344 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,185 | €841 | -€42,344 | -98.1% |
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 1 November 2026 via checked.be.