NEW ISA MAKE UP: what changed
What changed
NEW ISA MAKE UP
NACE 85.599, Other education
filed annual accounts (NBB)
Net result for the year
€9,044
2024 · €7,308+€1,736
Equity
€55,139
2024 · €46,095+€9,044
Cash
€19,951
2024 · €18,600+€1,350
Balance sheet total
€192,806
2024 · €171,695+€21,110
Largest movements
Assets
- Stocks and contracts +€22,272
new in 2025: €22,272
- Receivables within one year -€3,139
down €3,139 (-2.1%), from €153,095 to €149,956
of which Trade receivables: -€31,397
Equity and liabilities
- Debts after one year +€40,134
up €40,134 (+20,067%), from €200 to €40,334
of which Financial debts: +€40,134
- Trade debts -€22,076
down €22,076 (-24.9%), from €88,832 to €66,756
- Advances received -€12,196
down €12,196 (-78.1%), from €15,625 to €3,429
- Profit (loss) carried forward +€9,044
up €9,044 (+24.1%), from €37,499 to €46,543
- Current portion of long-term debt +€8,906
up €8,906 (+1,134%), from €785 to €9,692
Income statement
- Gross operating margin -€10,202
down €10,202 (-31.3%), from €32,545 to €22,344
- Taxes -€1,260
down €1,260 (-12.1%), from €10,397 to €9,137
- Financial charges +€1,122
up €1,122 (+78.4%), from €1,432 to €2,554
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.
Result 2024
€7,308
Gross operating margin
-€10,202
Other operating charges
+€260
Other operating items
+€11,540
Financial charges
-€1,122
Taxes
+€1,260
Result 2025
€9,044
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€47,690
Investment
€0
Financing
+€49,041
Cash 2024
€18,600
From operations (derived)
-€47,690
Net result for the year
+€9,044
Stocks and contracts
-€22,272
Receivables within one year
+€3,139
Deferred charges and accrued income
-€628
Trade debts
-€22,076
Tax, wage and social debts
-€501
Advances received
-€12,196
Other debts
-€2,200
Financing
+€49,041
Debts after one year
+€40,134
Current portion of long-term debt
+€8,906
Cash 2025
€19,951
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,695 | €192,806 | +€21,110 | +12.3% |
| Current assets | 29/58 | €171,695 | €192,806 | +€21,110 | +12.3% |
| Stocks and contracts in progress | 3 | - | €22,272 | +€22,272 | |
| Stocks | 30/36 | - | €22,272 | +€22,272 | |
| Amounts receivable within one year | 40/41 | €153,095 | €149,956 | -€3,139 | -2.1% |
| Trade receivables | 40 | €147,611 | €116,213 | -€31,397 | -21.3% |
| Other amounts receivable | 41 | €5,484 | €33,743 | +€28,258 | +515% |
| Cash at bank and in hand | 54/58 | €18,600 | €19,951 | +€1,350 | +7.3% |
| Deferred charges and accrued income | 490/1 | - | €628 | +€628 | |
| Total equity and liabilities | 10/49 | €171,695 | €192,806 | +€21,110 | +12.3% |
| Equity | 10/15 | €46,095 | €55,139 | +€9,044 | +19.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,596 | €1,596 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,596 | €1,596 | = | 0.0% |
| Other | 1319 | €1,596 | €1,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,499 | €46,543 | +€9,044 | +24.1% |
| Amounts payable | 17/49 | €125,600 | €137,667 | +€12,067 | +9.6% |
| Amounts payable after more than one year | 17 | €200 | €40,334 | +€40,134 | +20,067% |
| Financial debts | 170/4 | - | €40,134 | +€40,134 | |
| Other amounts payable | 178/9 | €200 | €200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €125,400 | €97,333 | -€28,068 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €785 | €9,692 | +€8,906 | +1,134% |
| Trade debts | 44 | €88,832 | €66,756 | -€22,076 | -24.9% |
| Suppliers | 440/4 | €88,832 | €66,756 | -€22,076 | -24.9% |
| Advances received on contracts in progress | 46 | €15,625 | €3,429 | -€12,196 | -78.1% |
| Taxes, remuneration and social security | 45 | €17,957 | €17,456 | -€501 | -2.8% |
| Taxes | 450/3 | €14,887 | €17,456 | +€2,569 | +17.3% |
| Remuneration and social security | 454/9 | €3,070 | - | -€3,070 | |
| Other amounts payable | 47/48 | €2,200 | - | -€2,200 | |
| Other operating charges | 640/8 | €1,869 | €1,609 | -€260 | -13.9% |
| Non-recurring operating charges | 66A | €11,540 | - | -€11,540 | |
| Gross operating margin | 9900 | €32,545 | €22,344 | -€10,202 | -31.3% |
| Operating profit (loss) | 9901 | €19,136 | €20,735 | +€1,598 | +8.4% |
| Financial charges | 65/66B | €1,432 | €2,554 | +€1,122 | +78.4% |
| Recurring financial charges | 65 | €1,432 | €2,554 | +€1,122 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | €17,705 | €18,181 | +€476 | +2.7% |
| Income taxes | 67/77 | €10,397 | €9,137 | -€1,260 | -12.1% |
| Profit (loss) for the period | 9904 | €7,308 | €9,044 | +€1,736 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,308 | €9,044 | +€1,736 | +23.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.