Rijschool Lovanium: 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.
Rijschool Lovanium
Largest movements
- Cash +€66,055
up €66,055 (+91.1%), from €72,477 to €138,532
mainly Net result for the year (+€67,868) and Receivables within one year (+€23,987)
- Receivables within one year -€23,987
down €23,987 (-49.3%), from €48,688 to €24,701
- Tangible fixed assets -€22,363
down €22,363 (-30.2%), from €73,992 to €51,629
- Reserves -€20,368
down €20,368 (-11.5%), from €176,952 to €156,584
- Other debts +€18,012
new in 2025: €18,012
- Tax, wage and social debts +€16,627
up €16,627 (+272%), from €6,103 to €22,730
of which Taxes: +€12,926
- Trade debts +€5,664
up €5,664 (+77.4%), from €7,320 to €12,984
- Staff costs +€22,475
up €22,475 (+87.5%), from €25,677 to €48,152
- Gross operating margin +€12,934
up €12,934 (+9.0%), from €144,131 to €157,064
- Depreciation +€12,611
up €12,611 (+129%), from €9,752 to €22,363
- Taxes -€9,106
down €9,106 (-33.5%), from €27,202 to €18,097
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 | €195,375 | €215,310 | +€19,936 | +10.2% |
| Fixed assets | 21/28 | €73,992 | €51,629 | -€22,363 | -30.2% |
| Tangible fixed assets | 22/27 | €73,992 | €51,629 | -€22,363 | -30.2% |
| Furniture and vehicles | 24 | €73,992 | €51,629 | -€22,363 | -30.2% |
| Current assets | 29/58 | €121,383 | €163,681 | +€42,299 | +34.8% |
| Amounts receivable within one year | 40/41 | €48,688 | €24,701 | -€23,987 | -49.3% |
| Other amounts receivable | 41 | €48,688 | €24,701 | -€23,987 | -49.3% |
| Cash at bank and in hand | 54/58 | €72,477 | €138,532 | +€66,055 | +91.1% |
| Deferred charges and accrued income | 490/1 | €217 | €449 | +€231 | +106% |
| Total equity and liabilities | 10/49 | €195,375 | €215,310 | +€19,936 | +10.2% |
| Equity | 10/15 | €181,952 | €161,584 | -€20,368 | -11.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €176,952 | €156,584 | -€20,368 | -11.5% |
| Distributable reserves | 133 | €176,952 | €156,584 | -€20,368 | -11.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,423 | €53,726 | +€40,303 | +300% |
| Amounts payable within one year | 42/48 | €13,423 | €53,726 | +€40,303 | +300% |
| Trade debts | 44 | €7,320 | €12,984 | +€5,664 | +77.4% |
| Suppliers | 440/4 | €7,320 | €12,984 | +€5,664 | +77.4% |
| Taxes, remuneration and social security | 45 | €6,103 | €22,730 | +€16,627 | +272% |
| Taxes | 450/3 | - | €12,926 | +€12,926 | |
| Remuneration and social security | 454/9 | €6,103 | €9,804 | +€3,701 | +60.6% |
| Other amounts payable | 47/48 | - | €18,012 | +€18,012 | |
| Remuneration, social security and pensions | 62 | €25,677 | €48,152 | +€22,475 | +87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,752 | €22,363 | +€12,611 | +129% |
| Other operating charges | 640/8 | €472 | €516 | +€44 | +9.3% |
| Gross operating margin | 9900 | €144,131 | €157,064 | +€12,934 | +9.0% |
| Operating profit (loss) | 9901 | €108,229 | €86,033 | -€22,196 | -20.5% |
| Financial income | 75/76B | €212 | €0 | -€212 | -100% |
| Recurring financial income | 75 | €212 | €0 | -€212 | -100% |
| Financial charges | 65/66B | -€49 | €68 | +€117 | |
| Recurring financial charges | 65 | -€49 | €68 | +€117 | |
| Profit (loss) for the period before taxes | 9903 | €108,490 | €85,964 | -€22,525 | -20.8% |
| Income taxes | 67/77 | €27,202 | €18,097 | -€9,106 | -33.5% |
| Profit (loss) for the period | 9904 | €81,287 | €67,868 | -€13,420 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,287 | €67,868 | -€13,420 | -16.5% |
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 20 October 2026 via checked.be.