One2Learn: 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.
One2Learn
Largest movements
- Current investments -€19,570
no longer reported in 2025 (was €19,570)
- Receivables within one year -€8,527
down €8,527 (-34.5%), from €24,682 to €16,155
of which Trade receivables: -€5,618
- Reserves -€19,757
down €19,757 (-42.7%), from €46,236 to €26,479
of which Distributable reserves: -€19,757
- Profit (loss) carried forward -€10,702
new in 2025: -€10,702
- Other debts +€2,284
up €2,284 (+5.9%), from €38,929 to €41,214
- Gross operating margin -€9,044
down €9,044, from €6,648 to -€2,396
- Other operating charges +€5,249
new in 2025: €5,249
- Taxes -€1,715
no longer reported in 2025 (was €1,715)
- Financial charges +€1,558
up €1,558 (+116%), from €1,349 to €2,907
- Depreciation -€1,535
down €1,535 (-76.6%), from €2,005 to €470
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 | €106,281 | €77,677 | -€28,603 | -26.9% |
| Fixed assets | 21/28 | €610 | €140 | -€470 | -77.1% |
| Intangible fixed assets | 21 | €610 | €140 | -€470 | -77.1% |
| Current assets | 29/58 | €105,671 | €77,538 | -€28,133 | -26.6% |
| Amounts receivable within one year | 40/41 | €24,682 | €16,155 | -€8,527 | -34.5% |
| Trade receivables | 40 | €14,587 | €8,969 | -€5,618 | -38.5% |
| Other amounts receivable | 41 | €10,095 | €7,186 | -€2,909 | -28.8% |
| Current investments | 50/53 | €19,570 | - | -€19,570 | |
| Cash at bank and in hand | 54/58 | €60,091 | €59,139 | -€952 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,328 | €2,244 | +€916 | +69.0% |
| Total equity and liabilities | 10/49 | €106,281 | €77,677 | -€28,603 | -26.9% |
| Equity | 10/15 | €64,836 | €34,377 | -€30,459 | -47.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,236 | €26,479 | -€19,757 | -42.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €44,376 | €24,619 | -€19,757 | -44.5% |
| Profit (loss) carried forward | 14 | - | -€10,702 | -€10,702 | |
| Amounts payable | 17/49 | €41,445 | €43,301 | +€1,856 | +4.5% |
| Amounts payable within one year | 42/48 | €41,445 | €43,301 | +€1,856 | +4.5% |
| Trade debts | 44 | €865 | €437 | -€429 | -49.5% |
| Suppliers | 440/4 | €865 | €437 | -€429 | -49.5% |
| Taxes, remuneration and social security | 45 | €1,650 | €1,650 | = | 0.0% |
| Taxes | 450/3 | €1,650 | €1,650 | = | 0.0% |
| Other amounts payable | 47/48 | €38,929 | €41,214 | +€2,284 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,005 | €470 | -€1,535 | -76.6% |
| Other operating charges | 640/8 | - | €5,249 | +€5,249 | |
| Gross operating margin | 9900 | €6,648 | -€2,396 | -€9,044 | |
| Operating profit (loss) | 9901 | €4,643 | -€8,114 | -€12,758 | |
| Financial income | 75/76B | €604 | €319 | -€285 | -47.2% |
| Recurring financial income | 75 | €604 | €319 | -€285 | -47.2% |
| Financial charges | 65/66B | €1,349 | €2,907 | +€1,558 | +116% |
| Recurring financial charges | 65 | €1,349 | €2,907 | +€1,558 | +116% |
| Profit (loss) for the period before taxes | 9903 | €3,899 | -€10,702 | -€14,601 | |
| Income taxes | 67/77 | €1,715 | - | -€1,715 | |
| Profit (loss) for the period | 9904 | €2,184 | -€10,702 | -€12,887 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,184 | -€10,702 | -€12,887 |
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 27 October 2026 via checked.be.