Philip Van Hoornick: what changed
What changed
Philip Van Hoornick
NACE 85.599, Other education
filed annual accounts (NBB)
Net result for the year
€31,246
2024 · €3,867+€27,379
Equity
€276,264
2024 · €245,019+€31,246
Cash
€9,293
2024 · €6,556+€2,737
Balance sheet total
€469,736
2024 · €379,998+€89,738
Largest movements
Assets
- Tangible fixed assets +€91,989
up €91,989 (+25.0%), from €368,431 to €460,420
of which Land and buildings: +€93,025
- Receivables within one year -€4,987
down €4,987 (-99.5%), from €5,010 to €24
Equity and liabilities
- Debts after one year +€61,942
new in 2025: €61,942
- Profit (loss) carried forward +€35,870
up €35,870 (+442%), from €8,124 to €43,994
- Other debts -€10,949
down €10,949 (-13.8%), from €79,203 to €68,254
- Current portion of long-term debt +€9,041
new in 2025: €9,041
Income statement
- Gross operating margin +€31,834
up €31,834 (+212%), from €15,043 to €46,877
- Financial charges +€2,445
up €2,445 (+912%), from €268 to €2,713
- Depreciation +€2,180
up €2,180 (+19.6%), from €11,127 to €13,307
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
€3,867
Gross operating margin
+€31,834
Depreciation
-€2,180
Other operating charges
+€161
Financial income
+€9
Financial charges
-€2,445
Result 2025
€31,246
raises the resultlowers the result
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
+€37,049
Investment
-€105,295
Financing
+€70,983
Cash 2024
€6,556
From operations (derived)
+€37,049
Net result for the year
+€31,246
Depreciation
+€13,307
Receivables within one year
+€4,987
Provisions
-€1,541
Other debts
-€10,949
Investment (derived)
-€105,295
Investment in fixed assets (net)
-€105,295
Financing
+€70,983
Debts after one year
+€61,942
Current portion of long-term debt
+€9,041
Cash 2025
€9,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,998 | €469,736 | +€89,738 | +23.6% |
| Fixed assets | 21/28 | €368,431 | €460,420 | +€91,989 | +25.0% |
| Tangible fixed assets | 22/27 | €368,431 | €460,420 | +€91,989 | +25.0% |
| Land and buildings | 22 | €361,692 | €454,717 | +€93,025 | +25.7% |
| Furniture and vehicles | 24 | €6,739 | €5,703 | -€1,037 | -15.4% |
| Current assets | 29/58 | €11,567 | €9,316 | -€2,250 | -19.5% |
| Amounts receivable within one year | 40/41 | €5,010 | €24 | -€4,987 | -99.5% |
| Other amounts receivable | 41 | €5,010 | €24 | -€4,987 | -99.5% |
| Cash at bank and in hand | 54/58 | €6,556 | €9,293 | +€2,737 | +41.7% |
| Total equity and liabilities | 10/49 | €379,998 | €469,736 | +€89,738 | +23.6% |
| Equity | 10/15 | €245,019 | €276,264 | +€31,246 | +12.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Contributions outside capital | 11 | €61,973 | €61,973 | = | 0.0% |
| Other | 1109/19 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €174,921 | €170,297 | -€4,624 | -2.6% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Other | 1319 | €1,239 | €1,239 | = | 0.0% |
| Tax-exempt reserves | 132 | €158,994 | €154,370 | -€4,624 | -2.9% |
| Distributable reserves | 133 | €14,688 | €14,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,124 | €43,994 | +€35,870 | +442% |
| Provisions and deferred taxes | 16 | €55,776 | €54,235 | -€1,541 | -2.8% |
| Deferred taxes | 168 | €55,776 | €54,235 | -€1,541 | -2.8% |
| Amounts payable | 17/49 | €79,203 | €139,237 | +€60,034 | +75.8% |
| Amounts payable after more than one year | 17 | - | €61,942 | +€61,942 | |
| Financial debts | 170/4 | - | €61,942 | +€61,942 | |
| Amounts payable within one year | 42/48 | €79,203 | €77,295 | -€1,908 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | - | €9,041 | +€9,041 | |
| Other amounts payable | 47/48 | €79,203 | €68,254 | -€10,949 | -13.8% |
| Non-recurring operating income | 76A | - | €30,281 | +€30,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,127 | €13,307 | +€2,180 | +19.6% |
| Other operating charges | 640/8 | €1,358 | €1,198 | -€161 | -11.8% |
| Gross operating margin | 9900 | €15,043 | €46,877 | +€31,834 | +212% |
| Operating profit (loss) | 9901 | €2,558 | €32,373 | +€29,815 | +1,165% |
| Financial income | 75/76B | €35 | €44 | +€9 | +25.6% |
| Recurring financial income | 75 | €35 | €44 | +€9 | +25.6% |
| Financial charges | 65/66B | €268 | €2,713 | +€2,445 | +912% |
| Recurring financial charges | 65 | €268 | €2,713 | +€2,445 | +912% |
| Profit (loss) for the period before taxes | 9903 | €2,325 | €29,705 | +€27,379 | +1,177% |
| Transfer from deferred taxes | 780 | €1,541 | €1,541 | = | 0.0% |
| Profit (loss) for the period | 9904 | €3,867 | €31,246 | +€27,379 | +708% |
| Transfer from tax-exempt reserves | 789 | €4,624 | €4,624 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,491 | €35,870 | +€27,379 | +322% |
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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 2 November 2026 via checked.be.