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LEARNING BRAIN: what changed

Two fiscal 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

LEARNING BRAIN

BE 0753.528.563
NACE 85.592, Vocational training
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€18,258
2023 · €24,206-€5,948
Equity
€41,114
2023 · €22,856+€18,258
Cash
€30,348
2023 · €24,897+€5,452
Balance sheet total
€45,035
2023 · €30,519+€14,516

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€8,017

    up €8,017, from €0 to €8,017

  • Cash +€5,452

    up €5,452 (+21.9%), from €24,897 to €30,348

    mainly Net result for the year (+€18,258) and Other debts (+€1,514)

  • Receivables within one year +€1,392

    up €1,392 (+29.7%), from €4,691 to €6,082

    of which Other amounts receivable: +€4,404

Equity and liabilities
  • Profit (loss) carried forward +€18,258

    up €18,258 (+91.9%), from €19,856 to €38,114

  • Tax, wage and social debts -€3,928

    down €3,928 (-68.1%), from €5,768 to €1,840

  • Other debts +€1,514

    up €1,514, from €0 to €1,514

  • Trade debts -€1,328

    down €1,328 (-70.1%), from €1,895 to €567

Income statement
  • Gross operating margin -€7,740

    down €7,740 (-21.2%), from €36,576 to €28,836

  • Taxes -€4,081

    down €4,081 (-41.9%), from €9,732 to €5,651

  • Depreciation +€421

    up €421 (+65.3%), from €645 to €1,066

From the 2023 result to the 2024 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 2023 €24,206
Gross operating margin -€7,740
Depreciation -€421
Other operating charges +€16
Other operating items -€2,000
Financial income +€7
Financial charges +€110
Taxes +€4,081
Result 2024 €18,258

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€14,250
Investment -€8,798
Financing €0
Cash 2023 €24,897
Net result for the year +€18,258
Depreciation +€1,066
Receivables within one year -€1,392
Deferred charges and accrued income +€59
Trade debts -€1,328
Tax, wage and social debts -€3,928
Other debts +€1,514
Investment in fixed assets (net) -€8,798
Cash 2024 €30,348
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €30,519 €45,035 +€14,516 +47.6%
Formation expenses 20 €475 €190 -€285 -60.0%
Fixed assets 21/28 €0 €8,017 +€8,017
Tangible fixed assets 22/27 €0 €8,017 +€8,017
Furniture and vehicles 24 €0 €8,017 +€8,017
Current assets 29/58 €30,044 €36,828 +€6,784 +22.6%
Amounts receivable within one year 40/41 €4,691 €6,082 +€1,392 +29.7%
Trade receivables 40 €4,095 €1,082 -€3,013 -73.6%
Other amounts receivable 41 €596 €5,000 +€4,404 +739.2%
Cash at bank and in hand 54/58 €24,897 €30,348 +€5,452 +21.9%
Deferred charges and accrued income 490/1 €456 €397 -€59 -12.9%
Total equity and liabilities 10/49 €30,519 €45,035 +€14,516 +47.6%
Equity 10/15 €22,856 €41,114 +€18,258 +79.9%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €19,856 €38,114 +€18,258 +91.9%
Amounts payable 17/49 €7,663 €3,921 -€3,742 -48.8%
Amounts payable within one year 42/48 €7,663 €3,921 -€3,742 -48.8%
Trade debts 44 €1,895 €567 -€1,328 -70.1%
Suppliers 440/4 €1,895 €567 -€1,328 -70.1%
Taxes, remuneration and social security 45 €5,768 €1,840 -€3,928 -68.1%
Taxes 450/3 €5,768 €1,840 -€3,928 -68.1%
Other amounts payable 47/48 €0 €1,514 +€1,514
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €645 €1,066 +€421 +65.3%
Other operating charges 640/8 €1,013 €998 -€16 -1.5%
Non-recurring operating charges 66A - €2,000 +€2,000
Gross operating margin 9900 €36,576 €28,836 -€7,740 -21.2%
Operating profit (loss) 9901 €34,918 €24,772 -€10,146 -29.1%
Financial income 75/76B €1 €7 +€7 +921.9%
Recurring financial income 75 €1 €7 +€7 +921.9%
Financial charges 65/66B €981 €871 -€110 -11.2%
Recurring financial charges 65 €981 €871 -€110 -11.2%
Profit (loss) for the period before taxes 9903 €33,938 €23,908 -€10,029 -29.6%
Income taxes 67/77 €9,732 €5,651 -€4,081 -41.9%
Profit (loss) for the period 9904 €24,206 €18,258 -€5,948 -24.6%
Profit (loss) for the period to be appropriated 9905 €24,206 €18,258 -€5,948 -24.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.