Learning Man: 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.
Learning Man
Largest movements
- Receivables within one year -€7,790
down €7,790 (-17.3%), from €45,131 to €37,341
of which Trade receivables: -€4,267
- Cash +€5,207
up €5,207 (+181.8%), from €2,864 to €8,070
mainly Receivables within one year (+€7,790) and Other debts (+€7,000)
- Tangible fixed assets -€2,791
down €2,791 (-59.9%), from €4,662 to €1,871
of which Furniture and vehicles: -€2,145
- Profit (loss) carried forward -€7,326
down €7,326, from €5,032 to -€2,294
- Other debts +€7,000
new in 2024: €7,000
- Tax, wage and social debts -€2,869
down €2,869 (-33.8%), from €8,480 to €5,611
- Accrued charges and deferred income -€1,200
no longer reported in 2024 (was €1,200)
- Trade debts -€979
down €979 (-27.3%), from €3,582 to €2,603
- Gross operating margin -€9,043
down €9,043 (-95.5%), from €9,471 to €428
- Depreciation +€3,555
up €3,555 (+110.6%), from €3,214 to €6,769
- Taxes -€2,581
down €2,581 (-85.0%), from €3,035 to €454
- Financial income +€1,991
up €1,991 (+2614.6%), from €76 to €2,067
- Staff costs +€425
new in 2024: €425
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,657 | €47,283 | -€5,374 | -10.2% |
| Fixed assets | 21/28 | €4,662 | €1,871 | -€2,791 | -59.9% |
| Tangible fixed assets | 22/27 | €4,662 | €1,871 | -€2,791 | -59.9% |
| Plant, machinery and equipment | 23 | €521 | €85 | -€436 | -83.8% |
| Furniture and vehicles | 24 | €3,931 | €1,786 | -€2,145 | -54.6% |
| Other tangible fixed assets | 26 | €210 | - | -€210 | |
| Current assets | 29/58 | €47,995 | €45,412 | -€2,583 | -5.4% |
| Amounts receivable within one year | 40/41 | €45,131 | €37,341 | -€7,790 | -17.3% |
| Trade receivables | 40 | €9,270 | €5,003 | -€4,267 | -46.0% |
| Other amounts receivable | 41 | €35,861 | €32,338 | -€3,523 | -9.8% |
| Cash at bank and in hand | 54/58 | €2,864 | €8,070 | +€5,207 | +181.8% |
| Total equity and liabilities | 10/49 | €52,657 | €47,283 | -€5,374 | -10.2% |
| Equity | 10/15 | €39,395 | €32,069 | -€7,326 | -18.6% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €27,763 | €27,763 | = | 0.0% |
| Distributable reserves | 133 | €27,763 | €27,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,032 | -€2,294 | -€7,326 | |
| Amounts payable | 17/49 | €13,262 | €15,213 | +€1,952 | +14.7% |
| Amounts payable within one year | 42/48 | €12,062 | €15,213 | +€3,152 | +26.1% |
| Trade debts | 44 | €3,582 | €2,603 | -€979 | -27.3% |
| Suppliers | 440/4 | €3,582 | €2,603 | -€979 | -27.3% |
| Taxes, remuneration and social security | 45 | €8,480 | €5,611 | -€2,869 | -33.8% |
| Taxes | 450/3 | €8,480 | €5,611 | -€2,869 | -33.8% |
| Other amounts payable | 47/48 | - | €7,000 | +€7,000 | |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Remuneration, social security and pensions | 62 | - | €425 | +€425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,214 | €6,769 | +€3,555 | +110.6% |
| Other operating charges | 640/8 | €1,065 | €1,286 | +€222 | +20.8% |
| Gross operating margin | 9900 | €9,471 | €428 | -€9,043 | -95.5% |
| Operating profit (loss) | 9901 | €5,193 | -€8,052 | -€13,245 | |
| Financial income | 75/76B | €76 | €2,067 | +€1,991 | +2614.6% |
| Recurring financial income | 75 | €76 | €2,067 | +€1,991 | +2614.6% |
| Financial charges | 65/66B | €953 | €887 | -€66 | -7.0% |
| Recurring financial charges | 65 | €953 | €887 | -€66 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €4,316 | -€6,872 | -€11,188 | |
| Income taxes | 67/77 | €3,035 | €454 | -€2,581 | -85.0% |
| Profit (loss) for the period | 9904 | €1,281 | -€7,326 | -€8,607 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,281 | -€7,326 | -€8,607 |
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 8 October 2026 via checked.be.