L'École-à-vivre: what changed
L'École-à-vivre
Largest movements
- Tangible fixed assets -€52,038
down €52,038 (-22.3%), from €232,939 to €180,901
- Receivables within one year +€12,620
up €12,620 (+10.3%), from €123,040 to €135,660
of which Trade receivables: +€9,354
- Cash +€5,389
up €5,389 (+31.7%), from €16,987 to €22,376
mainly Debts within one year (+€68,295) and Accrued charges and deferred income (+€42,562)
- Profit (loss) carried forward -€129,554
down €129,554 (-65.3%), from -€198,418 to -€327,972
- Debts within one year +€68,295
up €68,295 (+21.4%), from €319,497 to €387,792
- Accrued charges and deferred income +€42,562
up €42,562 (+17.3%), from €245,605 to €288,167
- Debts after one year -€13,633
down €13,633 (-87.6%), from €15,567 to €1,934
of which Financial debts: -€10,299
- Gross operating margin +€56,175
up €56,175 (+38.0%), from €147,638 to €203,813
- Staff costs +€55,223
up €55,223 (+24.7%), from €223,309 to €278,532
- Other operating charges +€16,259
up €16,259 (+572%), from €2,842 to €19,102
- Depreciation +€5,881
up €5,881 (+20.6%), from €28,556 to €34,437
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,250 | €349,921 | -€32,329 | -8.5% |
| Fixed assets | 21/28 | €233,513 | €181,475 | -€52,038 | -22.3% |
| Tangible fixed assets | 22/27 | €232,939 | €180,901 | -€52,038 | -22.3% |
| Land and buildings | 22 | €24,667 | €0 | -€24,667 | -100% |
| Plant, machinery and equipment | 23 | €171,361 | €155,548 | -€15,813 | -9.2% |
| Furniture and vehicles | 24 | €36,911 | €25,354 | -€11,558 | -31.3% |
| Financial fixed assets | 28 | €573 | €573 | = | 0.0% |
| Current assets | 29/58 | €148,737 | €168,446 | +€19,709 | +13.3% |
| Amounts receivable within one year | 40/41 | €123,040 | €135,660 | +€12,620 | +10.3% |
| Trade receivables | 40 | €31,790 | €41,144 | +€9,354 | +29.4% |
| Other amounts receivable | 41 | €91,250 | €94,516 | +€3,266 | +3.6% |
| Cash at bank and in hand | 54/58 | €16,987 | €22,376 | +€5,389 | +31.7% |
| Deferred charges and accrued income | 490/1 | €8,710 | €10,410 | +€1,700 | +19.5% |
| Total equity and liabilities | 10/49 | €382,250 | €349,921 | -€32,329 | -8.5% |
| Equity | 10/15 | -€198,418 | -€327,972 | -€129,554 | -65.3% |
| Profit (loss) carried forward | 14 | -€198,418 | -€327,972 | -€129,554 | -65.3% |
| Amounts payable | 17/49 | €580,668 | €677,893 | +€97,225 | +16.7% |
| Amounts payable after more than one year | 17 | €15,567 | €1,934 | -€13,633 | -87.6% |
| Financial debts | 170/4 | €12,233 | €1,934 | -€10,299 | -84.2% |
| Trade debts | 175 | €3,333 | €0 | -€3,333 | -100% |
| Amounts payable within one year | 42/48 | €319,497 | €387,792 | +€68,295 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €16,905 | €14,526 | -€2,379 | -14.1% |
| Trade debts | 44 | €28,526 | €26,706 | -€1,820 | -6.4% |
| Suppliers | 440/4 | €28,526 | €26,706 | -€1,820 | -6.4% |
| Taxes, remuneration and social security | 45 | €45,866 | €46,994 | +€1,128 | +2.5% |
| Taxes | 450/3 | €4,480 | €7,810 | +€3,330 | +74.3% |
| Remuneration and social security | 454/9 | €41,386 | €39,184 | -€2,202 | -5.3% |
| Accrued charges and deferred income | 492/3 | €245,605 | €288,167 | +€42,562 | +17.3% |
| Remuneration, social security and pensions | 62 | €223,309 | €278,532 | +€55,223 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,556 | €34,437 | +€5,881 | +20.6% |
| Other operating charges | 640/8 | €2,842 | €19,102 | +€16,259 | +572% |
| Gross operating margin | 9900 | €147,638 | €203,813 | +€56,175 | +38.0% |
| Operating profit (loss) | 9901 | -€107,070 | -€128,258 | -€21,188 | -19.8% |
| Financial income | 75/76B | €15 | €0 | -€15 | -100% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100% |
| Financial charges | 65/66B | €1,128 | €867 | -€261 | -23.1% |
| Recurring financial charges | 65 | €1,128 | €867 | -€261 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€108,183 | -€129,125 | -€20,942 | -19.4% |
| Income taxes | 67/77 | €330 | €429 | +€99 | +30.0% |
| Profit (loss) for the period | 9904 | -€108,513 | -€129,554 | -€21,041 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,513 | -€129,554 | -€21,041 | -19.4% |
Next steps
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 5 November 2026 via checked.be.