MediumCollege: 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.
MediumCollege
Largest movements
- Tangible fixed assets +€32,148
up €32,148 (+1,053%), from €3,052 to €35,200
of which Land and buildings: +€33,356
- Deferred charges and accrued income -€15,632
down €15,632 (-95.2%), from €16,417 to €785
- Receivables within one year -€13,064
down €13,064 (-65.9%), from €19,832 to €6,768
of which Other amounts receivable: -€18,251
- Current investments +€11,535
new in 2024: €11,535
- Cash -€5,982
down €5,982 (-20.2%), from €29,607 to €23,625
mainly Investment in fixed assets (net) (-€34,561) and Short-term financial debts (-€12,392)
- Current portion of long-term debt +€19,889
new in 2024: €19,889
- Short-term financial debts -€12,392
down €12,392 (-60.3%), from €20,565 to €8,173
- Other debts +€9,720
new in 2024: €9,720
- Debts after one year -€4,699
down €4,699 (-12.9%), from €36,478 to €31,779
- Tax, wage and social debts -€1,930
down €1,930 (-12.7%), from €15,224 to €13,294
of which Remuneration and social security: -€7,234
- Staff costs +€4,346
up €4,346 (+17.1%), from €25,348 to €29,694
- Gross operating margin -€2,547
down €2,547 (-5.5%), from €46,177 to €43,630
- Depreciation +€1,614
up €1,614 (+38.2%), from €4,225 to €5,839
- Other operating charges +€1,500
up €1,500 (+86.4%), from €1,736 to €3,236
- Taxes -€987
down €987 (-27.7%), from €3,564 to €2,577
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.
Derived cash bridge
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 | €120,937 | €130,156 | +€9,219 | +7.6% |
| Fixed assets | 21/28 | €20,081 | €48,803 | +€28,722 | +143% |
| Intangible fixed assets | 21 | €15,969 | €12,643 | -€3,326 | -20.8% |
| Tangible fixed assets | 22/27 | €3,052 | €35,200 | +€32,148 | +1,053% |
| Land and buildings | 22 | - | €33,356 | +€33,356 | |
| Plant, machinery and equipment | 23 | €966 | €749 | -€217 | -22.5% |
| Furniture and vehicles | 24 | €615 | €1,095 | +€480 | +78.0% |
| Other tangible fixed assets | 26 | €1,471 | - | -€1,471 | |
| Financial fixed assets | 28 | €1,060 | €960 | -€100 | -9.4% |
| Current assets | 29/58 | €100,856 | €81,353 | -€19,503 | -19.3% |
| Stocks and contracts in progress | 3 | €35,000 | €38,640 | +€3,640 | +10.4% |
| Stocks | 30/36 | €35,000 | €38,640 | +€3,640 | +10.4% |
| Amounts receivable within one year | 40/41 | €19,832 | €6,768 | -€13,064 | -65.9% |
| Trade receivables | 40 | €1,011 | €6,198 | +€5,187 | +513% |
| Other amounts receivable | 41 | €18,821 | €570 | -€18,251 | -97.0% |
| Current investments | 50/53 | - | €11,535 | +€11,535 | |
| Cash at bank and in hand | 54/58 | €29,607 | €23,625 | -€5,982 | -20.2% |
| Deferred charges and accrued income | 490/1 | €16,417 | €785 | -€15,632 | -95.2% |
| Total equity and liabilities | 10/49 | €120,937 | €130,156 | +€9,219 | +7.6% |
| Equity | 10/15 | €48,320 | €47,301 | -€1,019 | -2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,320 | €27,301 | -€1,019 | -3.6% |
| Amounts payable | 17/49 | €72,617 | €82,855 | +€10,238 | +14.1% |
| Amounts payable after more than one year | 17 | €36,478 | €31,779 | -€4,699 | -12.9% |
| Financial debts | 170/4 | €36,478 | €31,779 | -€4,699 | -12.9% |
| Amounts payable within one year | 42/48 | €36,139 | €51,076 | +€14,937 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | - | €19,889 | +€19,889 | |
| Financial debts | 43 | €20,565 | €8,173 | -€12,392 | -60.3% |
| Credit institutions | 430/8 | €20,565 | €8,173 | -€12,392 | -60.3% |
| Trade debts | 44 | €350 | - | -€350 | |
| Suppliers | 440/4 | €350 | - | -€350 | |
| Taxes, remuneration and social security | 45 | €15,224 | €13,294 | -€1,930 | -12.7% |
| Taxes | 450/3 | €7,990 | €13,294 | +€5,304 | +66.4% |
| Remuneration and social security | 454/9 | €7,234 | - | -€7,234 | |
| Other amounts payable | 47/48 | - | €9,720 | +€9,720 | |
| Remuneration, social security and pensions | 62 | €25,348 | €29,694 | +€4,346 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,225 | €5,839 | +€1,614 | +38.2% |
| Other operating charges | 640/8 | €1,736 | €3,236 | +€1,500 | +86.4% |
| Gross operating margin | 9900 | €46,177 | €43,630 | -€2,547 | -5.5% |
| Operating profit (loss) | 9901 | €14,868 | €4,861 | -€10,007 | -67.3% |
| Financial income | 75/76B | €77 | €75 | -€2 | -2.6% |
| Recurring financial income | 75 | €77 | €75 | -€2 | -2.6% |
| Financial charges | 65/66B | €2,463 | €3,378 | +€915 | +37.1% |
| Recurring financial charges | 65 | €2,463 | €3,378 | +€915 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €12,482 | €1,558 | -€10,924 | -87.5% |
| Income taxes | 67/77 | €3,564 | €2,577 | -€987 | -27.7% |
| Profit (loss) for the period | 9904 | €8,918 | -€1,019 | -€9,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,918 | -€1,019 | -€9,937 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.