LEERACADEMIE: what changed
LEERACADEMIE
Largest movements
- Tangible fixed assets -€13,153
down €13,153 (-8.5%), from €154,978 to €141,824
of which Land and buildings: -€11,037
- Cash +€4,311
new in 2025: €4,311
mainly Depreciation (+€11,730) and Other debts (+€10,656)
- Debts after one year -€19,331
down €19,331 (-11.7%), from €165,733 to €146,402
of which Financial debts: -€19,331
- Other debts +€10,656
up €10,656 (+38.3%), from €27,816 to €38,472
- Profit (loss) carried forward +€1,897
up €1,897 (+2.4%), from -€78,914 to -€77,017
- Current portion of long-term debt -€1,729
down €1,729 (-8.2%), from €21,060 to €19,331
- Gross operating margin +€5,835
up €5,835 (+40.9%), from €14,261 to €20,096
- Depreciation -€2,723
down €2,723 (-18.8%), from €14,453 to €11,730
- Write-downs +€1,085
new in 2025: €1,085
- Other operating charges -€686
down €686 (-79.0%), from €868 to €182
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 | €163,335 | €155,284 | -€8,051 | -4.9% |
| Fixed assets | 21/28 | €154,978 | €141,824 | -€13,153 | -8.5% |
| Tangible fixed assets | 22/27 | €154,978 | €141,824 | -€13,153 | -8.5% |
| Land and buildings | 22 | €152,683 | €141,646 | -€11,037 | -7.2% |
| Plant, machinery and equipment | 23 | €479 | €75 | -€403 | -84.3% |
| Furniture and vehicles | 24 | €1,816 | €103 | -€1,713 | -94.3% |
| Current assets | 29/58 | €8,358 | €13,460 | +€5,103 | +61.1% |
| Amounts receivable within one year | 40/41 | €8,358 | €9,149 | +€791 | +9.5% |
| Trade receivables | 40 | €7,997 | €9,149 | +€1,152 | +14.4% |
| Other amounts receivable | 41 | €361 | - | -€361 | |
| Cash at bank and in hand | 54/58 | - | €4,311 | +€4,311 | |
| Total equity and liabilities | 10/49 | €163,335 | €155,284 | -€8,051 | -4.9% |
| Equity | 10/15 | -€58,454 | -€56,557 | +€1,897 | +3.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,914 | -€77,017 | +€1,897 | +2.4% |
| Amounts payable | 17/49 | €221,789 | €211,841 | -€9,948 | -4.5% |
| Amounts payable after more than one year | 17 | €165,733 | €146,402 | -€19,331 | -11.7% |
| Financial debts | 170/4 | €159,733 | €140,402 | -€19,331 | -12.1% |
| Other amounts payable | 178/9 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,056 | €65,439 | +€9,384 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €21,060 | €19,331 | -€1,729 | -8.2% |
| Trade debts | 44 | €7,179 | €6,852 | -€328 | -4.6% |
| Suppliers | 440/4 | €7,179 | €6,852 | -€328 | -4.6% |
| Taxes, remuneration and social security | 45 | - | €784 | +€784 | |
| Taxes | 450/3 | - | €784 | +€784 | |
| Other amounts payable | 47/48 | €27,816 | €38,472 | +€10,656 | +38.3% |
| Non-recurring operating income | 76A | - | €6,014 | +€6,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,453 | €11,730 | -€2,723 | -18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,085 | +€1,085 | |
| Other operating charges | 640/8 | €868 | €182 | -€686 | -79.0% |
| Gross operating margin | 9900 | €14,261 | €20,096 | +€5,835 | +40.9% |
| Operating profit (loss) | 9901 | -€1,059 | €7,100 | +€8,158 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €4,573 | €4,640 | +€67 | +1.5% |
| Recurring financial charges | 65 | €4,573 | €4,640 | +€67 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,631 | €2,460 | +€8,091 | |
| Income taxes | 67/77 | €193 | €204 | +€11 | +5.7% |
| Profit (loss) for the period | 9904 | -€5,824 | €2,256 | +€8,080 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,824 | €2,256 | +€8,080 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.