LERN APPREND: 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.
LERN APPREND
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts -€65,182
down €65,182 (-92.0%), from €70,832 to €5,650
- Other debts +€63,035
up €63,035 (+48.0%), from €131,319 to €194,354
- Investment grants +€30,359
up €30,359 (+73.1%), from €41,545 to €71,903
- Profit (loss) carried forward -€24,132
down €24,132 (-11.3%), from -€213,606 to -€237,738
- Financial charges +€8,318
up €8,318 (+539.1%), from €1,543 to €9,861
- Other operating charges +€3,957
up €3,957 (+1625.1%), from €244 to €4,201
- Gross operating margin -€3,726
down €3,726 (-50.2%), from -€7,429 to -€11,155
- Financial income +€409
up €409 (+60.6%), from €675 to €1,084
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,343,590 | €1,347,669 | +€4,079 | +0.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,178,146 | €1,178,146 | = | 0.0% |
| Intangible fixed assets | 21 | €126,602 | €126,602 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,051,544 | €1,051,544 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €1,051,544 | €1,051,544 | = | 0.0% |
| Current assets | 29/58 | €165,444 | €169,524 | +€4,079 | +2.5% |
| Amounts receivable within one year | 40/41 | €6,886 | €5,305 | -€1,581 | -23.0% |
| Trade receivables | 40 | €4,260 | €4,882 | +€622 | +14.6% |
| Other amounts receivable | 41 | €2,626 | €423 | -€2,203 | -83.9% |
| Cash at bank and in hand | 54/58 | €158,558 | €164,218 | +€5,660 | +3.6% |
| Total equity and liabilities | 10/49 | €1,343,590 | €1,347,669 | +€4,079 | +0.3% |
| Equity | 10/15 | €1,141,439 | €1,147,665 | +€6,226 | +0.5% |
| Contributions | 10/11 | €1,313,500 | €1,313,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,606 | -€237,738 | -€24,132 | -11.3% |
| Investment grants | 15 | €41,545 | €71,903 | +€30,359 | +73.1% |
| Amounts payable | 17/49 | €202,151 | €200,004 | -€2,147 | -1.1% |
| Amounts payable within one year | 42/48 | €202,151 | €200,004 | -€2,147 | -1.1% |
| Trade debts | 44 | €70,832 | €5,650 | -€65,182 | -92.0% |
| Suppliers | 440/4 | €70,832 | €5,650 | -€65,182 | -92.0% |
| Other amounts payable | 47/48 | €131,319 | €194,354 | +€63,035 | +48.0% |
| Other operating charges | 640/8 | €244 | €4,201 | +€3,957 | +1625.1% |
| Gross operating margin | 9900 | -€7,429 | -€11,155 | -€3,726 | -50.2% |
| Operating profit (loss) | 9901 | -€7,673 | -€15,356 | -€7,683 | -100.1% |
| Financial income | 75/76B | €675 | €1,084 | +€409 | +60.6% |
| Recurring financial income | 75 | €675 | €1,084 | +€409 | +60.6% |
| Financial charges | 65/66B | €1,543 | €9,861 | +€8,318 | +539.1% |
| Recurring financial charges | 65 | €1,543 | €9,861 | +€8,318 | +539.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,541 | -€24,132 | -€15,592 | -182.6% |
| Profit (loss) for the period | 9904 | -€8,541 | -€24,132 | -€15,592 | -182.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,541 | -€24,132 | -€15,592 | -182.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.