In2Learning International: 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.
In2Learning International
Largest movements
- Receivables within one year -€50,388
down €50,388 (-34.4%), from €146,559 to €96,172
of which Trade receivables: -€61,395
- Cash +€19,517
up €19,517 (+61.8%), from €31,589 to €51,105
mainly Receivables within one year (+€50,388) and Depreciation (+€24,695)
- Tangible fixed assets -€13,667
down €13,667 (-17.3%), from €79,026 to €65,360
of which Land and buildings: -€10,075
- Reserves -€21,256
down €21,256 (-12.6%), from €168,386 to €147,130
of which Distributable reserves: -€21,256
- Tax, wage and social debts -€19,790
down €19,790 (-84.5%), from €23,429 to €3,639
of which Taxes: -€15,778
- Trade debts -€2,890
down €2,890 (-97.7%), from €2,957 to €68
- Gross operating margin -€38,293
down €38,293 (-32.1%), from €119,184 to €80,891
- Taxes -€15,071
down €15,071 (-73.0%), from €20,635 to €5,565
- Depreciation +€10,479
up €10,479 (+73.7%), from €14,216 to €24,695
- Staff costs -€2,004
down €2,004 (-4.8%), from €42,133 to €40,129
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 | €257,504 | €212,967 | -€44,537 | -17.3% |
| Fixed assets | 21/28 | €79,356 | €65,690 | -€13,667 | -17.2% |
| Tangible fixed assets | 22/27 | €79,026 | €65,360 | -€13,667 | -17.3% |
| Land and buildings | 22 | €31,590 | €21,514 | -€10,075 | -31.9% |
| Plant, machinery and equipment | 23 | €47,437 | €43,845 | -€3,592 | -7.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €178,148 | €147,277 | -€30,871 | -17.3% |
| Amounts receivable within one year | 40/41 | €146,559 | €96,172 | -€50,388 | -34.4% |
| Trade receivables | 40 | €145,057 | €83,663 | -€61,395 | -42.3% |
| Other amounts receivable | 41 | €1,502 | €12,509 | +€11,007 | +733% |
| Cash at bank and in hand | 54/58 | €31,589 | €51,105 | +€19,517 | +61.8% |
| Total equity and liabilities | 10/49 | €257,504 | €212,967 | -€44,537 | -17.3% |
| Equity | 10/15 | €230,386 | €209,130 | -€21,256 | -9.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €168,386 | €147,130 | -€21,256 | -12.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €162,186 | €140,930 | -€21,256 | -13.1% |
| Amounts payable | 17/49 | €27,118 | €3,837 | -€23,282 | -85.9% |
| Amounts payable within one year | 42/48 | €27,118 | €3,837 | -€23,282 | -85.9% |
| Trade debts | 44 | €2,957 | €68 | -€2,890 | -97.7% |
| Suppliers | 440/4 | €2,957 | €68 | -€2,890 | -97.7% |
| Taxes, remuneration and social security | 45 | €23,429 | €3,639 | -€19,790 | -84.5% |
| Taxes | 450/3 | €17,642 | €1,864 | -€15,778 | -89.4% |
| Remuneration and social security | 454/9 | €5,787 | €1,774 | -€4,013 | -69.3% |
| Other amounts payable | 47/48 | €732 | €130 | -€602 | -82.2% |
| Remuneration, social security and pensions | 62 | €42,133 | €40,129 | -€2,004 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,216 | €24,695 | +€10,479 | +73.7% |
| Other operating charges | 640/8 | €1,700 | €694 | -€1,006 | -59.2% |
| Gross operating margin | 9900 | €119,184 | €80,891 | -€38,293 | -32.1% |
| Operating profit (loss) | 9901 | €61,134 | €15,372 | -€45,762 | -74.9% |
| Financial income | 75/76B | €833 | €124 | -€709 | -85.1% |
| Recurring financial income | 75 | €833 | €124 | -€709 | -85.1% |
| Financial charges | 65/66B | €394 | €277 | -€118 | -29.9% |
| Recurring financial charges | 65 | €394 | €277 | -€118 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €61,573 | €15,220 | -€46,353 | -75.3% |
| Income taxes | 67/77 | €20,635 | €5,565 | -€15,071 | -73.0% |
| Profit (loss) for the period | 9904 | €40,938 | €9,655 | -€31,283 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,938 | €9,655 | -€31,283 | -76.4% |
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 24 October 2026 via checked.be.