LEARNING BANK: 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.
LEARNING BANK
Largest movements
- Cash +€17,484
up €17,484 (+751.4%), from €2,327 to €19,811
mainly Net result for the year (+€19,997) and Investment in fixed assets (net) (+€9,341)
- Receivables within one year +€12,743
up €12,743 (+16.1%), from €79,225 to €91,968
of which Other amounts receivable: +€13,102
- Tangible fixed assets -€9,341
no longer reported in 2026 (was €9,341)
of which Other tangible fixed assets: -€5,362
- Profit (loss) carried forward +€19,997
up €19,997 (+133.4%), from €14,988 to €34,985
- Gross operating margin -€9,456
down €9,456 (-25.6%), from €36,943 to €27,488
- Taxes -€3,995
down €3,995 (-38.4%), from €10,409 to €6,414
- Depreciation -€3,914
no longer reported in 2026 (was €3,914)
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,572 | €111,779 | +€20,207 | +22.1% |
| Fixed assets | 21/28 | €9,341 | - | -€9,341 | |
| Tangible fixed assets | 22/27 | €9,341 | - | -€9,341 | |
| Plant, machinery and equipment | 23 | €240 | - | -€240 | |
| Furniture and vehicles | 24 | €3,738 | - | -€3,738 | |
| Other tangible fixed assets | 26 | €5,362 | - | -€5,362 | |
| Current assets | 29/58 | €82,232 | €111,779 | +€29,547 | +35.9% |
| Amounts receivable within one year | 40/41 | €79,225 | €91,968 | +€12,743 | +16.1% |
| Trade receivables | 40 | €359 | - | -€359 | |
| Other amounts receivable | 41 | €78,866 | €91,968 | +€13,102 | +16.6% |
| Cash at bank and in hand | 54/58 | €2,327 | €19,811 | +€17,484 | +751.4% |
| Deferred charges and accrued income | 490/1 | €680 | - | -€680 | |
| Total equity and liabilities | 10/49 | €91,572 | €111,779 | +€20,207 | +22.1% |
| Equity | 10/15 | €86,824 | €106,821 | +€19,997 | +23.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,836 | €51,836 | = | 0.0% |
| Distributable reserves | 133 | €51,836 | €51,836 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,988 | €34,985 | +€19,997 | +133.4% |
| Amounts payable | 17/49 | €4,749 | €4,958 | +€210 | +4.4% |
| Amounts payable within one year | 42/48 | €4,749 | €4,958 | +€210 | +4.4% |
| Trade debts | 44 | €37 | - | -€37 | |
| Suppliers | 440/4 | €37 | - | -€37 | |
| Taxes, remuneration and social security | 45 | €4,711 | €4,958 | +€247 | +5.2% |
| Taxes | 450/3 | €4,711 | €4,958 | +€247 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,914 | - | -€3,914 | |
| Other operating charges | 640/8 | €1,103 | €968 | -€135 | -12.3% |
| Gross operating margin | 9900 | €36,943 | €27,488 | -€9,456 | -25.6% |
| Operating profit (loss) | 9901 | €31,926 | €26,520 | -€5,407 | -16.9% |
| Financial charges | 65/66B | €167 | €109 | -€58 | -34.7% |
| Recurring financial charges | 65 | €167 | €109 | -€58 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €31,760 | €26,411 | -€5,349 | -16.8% |
| Income taxes | 67/77 | €10,409 | €6,414 | -€3,995 | -38.4% |
| Profit (loss) for the period | 9904 | €21,350 | €19,997 | -€1,354 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,350 | €19,997 | -€1,354 | -6.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 30 September 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.