P&P ACADEMY: 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.
P&P ACADEMY
Largest movements
- Current investments -€3,655
down €3,655 (-11.9%), from €30,667 to €27,012
- Cash +€2,587
up €2,587 (+475%), from €545 to €3,132
mainly Current investments (+€3,655)
- Trade debts -€517
no longer reported in 2025 (was €517)
- Profit (loss) carried forward -€502
down €502 (-1.4%), from €35,691 to €35,188
- Gross operating margin +€1,511
up €1,511 (+68.8%), from -€2,195 to -€684
- Financial income +€116
up €116 (+121%), from €96 to €211
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 | €46,279 | €45,211 | -€1,068 | -2.3% |
| Current assets | 29/58 | €46,279 | €45,211 | -€1,068 | -2.3% |
| Amounts receivable within one year | 40/41 | €15,067 | €15,067 | = | 0.0% |
| Trade receivables | 40 | €5,197 | €5,197 | = | 0.0% |
| Other amounts receivable | 41 | €9,870 | €9,870 | = | 0.0% |
| Current investments | 50/53 | €30,667 | €27,012 | -€3,655 | -11.9% |
| Cash at bank and in hand | 54/58 | €545 | €3,132 | +€2,587 | +475% |
| Total equity and liabilities | 10/49 | €46,279 | €45,211 | -€1,068 | -2.3% |
| Equity | 10/15 | €45,691 | €45,188 | -€502 | -1.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,691 | €35,188 | -€502 | -1.4% |
| Amounts payable | 17/49 | €588 | €23 | -€565 | -96.1% |
| Amounts payable within one year | 42/48 | €588 | €23 | -€565 | -96.1% |
| Trade debts | 44 | €517 | - | -€517 | |
| Suppliers | 440/4 | €517 | - | -€517 | |
| Other amounts payable | 47/48 | €71 | €23 | -€48 | -67.9% |
| Gross operating margin | 9900 | -€2,195 | -€684 | +€1,511 | +68.8% |
| Operating profit (loss) | 9901 | -€2,195 | -€684 | +€1,511 | +68.8% |
| Financial income | 75/76B | €96 | €211 | +€116 | +121% |
| Recurring financial income | 75 | €96 | €211 | +€116 | +121% |
| Financial charges | 65/66B | €32 | €30 | -€2 | -6.3% |
| Recurring financial charges | 65 | €32 | €30 | -€2 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,131 | -€502 | +€1,629 | +76.4% |
| Profit (loss) for the period | 9904 | -€2,131 | -€502 | +€1,629 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,131 | -€502 | +€1,629 | +76.4% |
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 24 October 2026 via checked.be.