PROFESSIONAL EDUCATION: 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.
PROFESSIONAL EDUCATION
Largest movements
- Cash +€158,411
up €158,411 (+54.2%), from €292,485 to €450,896
mainly Net result for the year (+€295,158) and Other debts (+€90,734)
- Receivables within one year +€13,611
up €13,611 (+99.6%), from €13,666 to €27,277
of which Trade receivables: +€23,226
- Deferred charges and accrued income +€11,373
up €11,373 (+133%), from €8,527 to €19,900
- Tangible fixed assets -€11,342
down €11,342 (-43.5%), from €26,086 to €14,744
- Financial fixed assets +€5,530
up €5,530 (+49.7%), from €11,132 to €16,662
- Other debts +€90,734
up €90,734 (+44.4%), from €204,383 to €295,117
- Accrued charges and deferred income +€67,589
up €67,589 (+538%), from €12,572 to €80,161
- Tax, wage and social debts +€22,974
up €22,974 (+380%), from €6,052 to €29,026
of which Taxes: +€18,205
- Debts after one year -€8,235
down €8,235 (-79.8%), from €10,313 to €2,078
- Gross operating margin +€166,195
up €166,195 (+49.2%), from €337,666 to €503,862
- Staff costs +€43,977
up €43,977 (+87.6%), from €50,182 to €94,159
- Taxes +€28,334
up €28,334 (+39.8%), from €71,268 to €99,602
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 | €351,897 | €529,479 | +€177,582 | +50.5% |
| Fixed assets | 21/28 | €37,219 | €31,406 | -€5,812 | -15.6% |
| Tangible fixed assets | 22/27 | €26,086 | €14,744 | -€11,342 | -43.5% |
| Furniture and vehicles | 24 | €26,086 | €14,744 | -€11,342 | -43.5% |
| Financial fixed assets | 28 | €11,132 | €16,662 | +€5,530 | +49.7% |
| Current assets | 29/58 | €314,678 | €498,072 | +€183,394 | +58.3% |
| Amounts receivable within one year | 40/41 | €13,666 | €27,277 | +€13,611 | +99.6% |
| Trade receivables | 40 | €3,653 | €26,879 | +€23,226 | +636% |
| Other amounts receivable | 41 | €10,013 | €398 | -€9,615 | -96.0% |
| Cash at bank and in hand | 54/58 | €292,485 | €450,896 | +€158,411 | +54.2% |
| Deferred charges and accrued income | 490/1 | €8,527 | €19,900 | +€11,373 | +133% |
| Total equity and liabilities | 10/49 | €351,897 | €529,479 | +€177,582 | +50.5% |
| Equity | 10/15 | €23,924 | €24,082 | +€158 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,324 | €5,482 | +€158 | +3.0% |
| Distributable reserves | 133 | €5,324 | €5,482 | +€158 | +3.0% |
| Amounts payable | 17/49 | €327,973 | €505,397 | +€177,424 | +54.1% |
| Amounts payable after more than one year | 17 | €10,313 | €2,078 | -€8,235 | -79.8% |
| Financial debts | 170/4 | €10,313 | €2,078 | -€8,235 | -79.8% |
| Amounts payable within one year | 42/48 | €305,088 | €423,158 | +€118,069 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €8,112 | €8,235 | +€123 | +1.5% |
| Financial debts | 43 | €20,400 | €20,334 | -€66 | -0.3% |
| Credit institutions | 430/8 | €20,400 | €20,334 | -€66 | -0.3% |
| Trade debts | 44 | €66,142 | €70,446 | +€4,304 | +6.5% |
| Suppliers | 440/4 | €66,142 | €70,446 | +€4,304 | +6.5% |
| Taxes, remuneration and social security | 45 | €6,052 | €29,026 | +€22,974 | +380% |
| Taxes | 450/3 | €163 | €18,368 | +€18,205 | +11,155% |
| Remuneration and social security | 454/9 | €5,889 | €10,658 | +€4,770 | +81.0% |
| Other amounts payable | 47/48 | €204,383 | €295,117 | +€90,734 | +44.4% |
| Accrued charges and deferred income | 492/3 | €12,572 | €80,161 | +€67,589 | +538% |
| Non-recurring operating income | 76A | €541 | €6,884 | +€6,343 | +1,173% |
| Remuneration, social security and pensions | 62 | €50,182 | €94,159 | +€43,977 | +87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,693 | €12,591 | -€102 | -0.8% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €337,666 | €503,862 | +€166,195 | +49.2% |
| Operating profit (loss) | 9901 | €274,506 | €396,816 | +€122,310 | +44.6% |
| Financial income | 75/76B | €4,134 | €4 | -€4,130 | -99.9% |
| Recurring financial income | 75 | €4,134 | €4 | -€4,130 | -99.9% |
| Financial charges | 65/66B | €2,456 | €2,060 | -€396 | -16.1% |
| Recurring financial charges | 65 | €2,456 | €2,060 | -€396 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €276,183 | €394,760 | +€118,576 | +42.9% |
| Income taxes | 67/77 | €71,268 | €99,602 | +€28,334 | +39.8% |
| Profit (loss) for the period | 9904 | €204,916 | €295,158 | +€90,242 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €204,916 | €295,158 | +€90,242 | +44.0% |
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 30 October 2026 via checked.be.