NELSON COLLEGE: 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.
NELSON COLLEGE
Largest movements
- Receivables within one year +€77,429
up €77,429 (+222%), from €34,954 to €112,383
of which Other amounts receivable: +€56,268
- Tangible fixed assets -€13,002
down €13,002 (-33.6%), from €38,651 to €25,649
- Receivables after one year -€11,418
down €11,418 (-29.6%), from €38,606 to €27,188
- Debts after one year +€30,742
up €30,742 (+61.8%), from €49,721 to €80,462
- Current portion of long-term debt +€21,192
up €21,192 (+106%), from €19,955 to €41,147
- Tax, wage and social debts +€12,949
up €12,949 (+101%), from €12,798 to €25,747
- Trade debts -€9,943
no longer reported in 2025 (was €9,943)
- Profit (loss) carried forward -€1,928
down €1,928 (-13.2%), from €14,555 to €12,628
- Financial charges +€13,599
up €13,599 (+219%), from €6,203 to €19,802
- Purchases and services -€7,216
down €7,216 (-4.2%), from €170,271 to €163,055
- Gross operating margin +€5,184
up €5,184 (+15.4%), from €33,761 to €38,945
- Depreciation -€2,780
down €2,780 (-16.7%), from €16,647 to €13,867
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.
Derived cash bridge
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 | €112,576 | €165,588 | +€53,013 | +47.1% |
| Fixed assets | 21/28 | €39,014 | €26,012 | -€13,002 | -33.3% |
| Tangible fixed assets | 22/27 | €38,651 | €25,649 | -€13,002 | -33.6% |
| Furniture and vehicles | 24 | €38,651 | €25,649 | -€13,002 | -33.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €73,562 | €139,576 | +€66,014 | +89.7% |
| Amounts receivable after more than one year | 29 | €38,606 | €27,188 | -€11,418 | -29.6% |
| Trade receivables | 290 | €38,606 | €27,188 | -€11,418 | -29.6% |
| Amounts receivable within one year | 40/41 | €34,954 | €112,383 | +€77,429 | +222% |
| Trade receivables | 40 | €32,443 | €53,605 | +€21,161 | +65.2% |
| Other amounts receivable | 41 | €2,511 | €58,778 | +€56,268 | +2,241% |
| Cash at bank and in hand | 54/58 | €2 | €5 | +€3 | +178% |
| Total equity and liabilities | 10/49 | €112,576 | €165,588 | +€53,013 | +47.1% |
| Equity | 10/15 | €20,159 | €18,231 | -€1,928 | -9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €604 | €604 | = | 0.0% |
| Distributable reserves | 133 | €604 | €604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,555 | €12,628 | -€1,928 | -13.2% |
| Amounts payable | 17/49 | €92,417 | €147,357 | +€54,940 | +59.4% |
| Amounts payable after more than one year | 17 | €49,721 | €80,462 | +€30,742 | +61.8% |
| Financial debts | 170/4 | €49,721 | €80,462 | +€30,742 | +61.8% |
| Amounts payable within one year | 42/48 | €42,696 | €66,895 | +€24,199 | +56.7% |
| Current portion of amounts payable after more than one year | 42 | €19,955 | €41,147 | +€21,192 | +106% |
| Trade debts | 44 | €9,943 | - | -€9,943 | |
| Suppliers | 440/4 | €9,943 | - | -€9,943 | |
| Taxes, remuneration and social security | 45 | €12,798 | €25,747 | +€12,949 | +101% |
| Taxes | 450/3 | €12,798 | €25,747 | +€12,949 | +101% |
| Turnover | 70 | €204,032 | €202,000 | -€2,032 | -1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €170,271 | €163,055 | -€7,216 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,647 | €13,867 | -€2,780 | -16.7% |
| Other operating charges | 640/8 | €3,772 | €3,286 | -€486 | -12.9% |
| Gross operating margin | 9900 | €33,761 | €38,945 | +€5,184 | +15.4% |
| Operating profit (loss) | 9901 | €13,342 | €21,792 | +€8,451 | +63.3% |
| Financial income | 75/76B | €1,190 | €27 | -€1,164 | -97.8% |
| Recurring financial income | 75 | €1,190 | €27 | -€1,164 | -97.8% |
| Financial charges | 65/66B | €6,203 | €19,802 | +€13,599 | +219% |
| Recurring financial charges | 65 | €6,203 | €19,802 | +€13,599 | +219% |
| Profit (loss) for the period before taxes | 9903 | €8,329 | €2,017 | -€6,312 | -75.8% |
| Income taxes | 67/77 | €4,000 | €3,944 | -€56 | -1.4% |
| Profit (loss) for the period | 9904 | €4,329 | -€1,928 | -€6,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,329 | -€1,928 | -€6,256 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.