Ruysschaert Language Academy: what changed
Ruysschaert Language Academy
Largest movements
- Intangible fixed assets -€84,143
down €84,143 (-13.2%), from €638,855 to €554,713
- Receivables within one year -€13,295
no longer reported in 2025 (was €13,295)
of which Trade receivables: -€12,100
- Cash +€8,221
up €8,221 (+53.2%), from €15,462 to €23,683
mainly Depreciation (+€109,766) and Debts after one year (+€87,871)
- Other debts -€110,023
down €110,023 (-27.6%), from €398,717 to €288,694
- Debts after one year +€87,871
up €87,871 (+54.2%), from €162,103 to €249,974
of which Financial debts: +€87,871
- Profit (loss) carried forward -€52,013
down €52,013 (-30.8%), from -€168,709 to -€220,723
- Current portion of long-term debt -€26,547
down €26,547 (-32.8%), from €80,861 to €54,314
- Trade debts +€10,576
up €10,576 (+14.1%), from €74,824 to €85,400
- Staff costs -€43,749
down €43,749 (-44.6%), from €98,136 to €54,386
- Gross operating margin +€21,847
up €21,847 (+21.2%), from €102,820 to €124,667
- Other operating charges -€16,093
down €16,093 (-95.6%), from €16,841 to €748
- Depreciation +€2,629
up €2,629 (+2.5%), from €107,137 to €109,766
- Financial charges -€2,621
down €2,621 (-18.4%), from €14,238 to €11,618
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €681,477 | €591,682 | -€89,795 | -13.2% |
| Fixed assets | 21/28 | €652,721 | €567,999 | -€84,722 | -13.0% |
| Intangible fixed assets | 21 | €638,855 | €554,713 | -€84,143 | -13.2% |
| Tangible fixed assets | 22/27 | €12,780 | €12,201 | -€579 | -4.5% |
| Furniture and vehicles | 24 | €12,780 | €12,201 | -€579 | -4.5% |
| Financial fixed assets | 28 | €1,085 | €1,085 | = | 0.0% |
| Current assets | 29/58 | €28,757 | €23,683 | -€5,073 | -17.6% |
| Amounts receivable within one year | 40/41 | €13,295 | - | -€13,295 | |
| Trade receivables | 40 | €12,100 | - | -€12,100 | |
| Other amounts receivable | 41 | €1,195 | - | -€1,195 | |
| Cash at bank and in hand | 54/58 | €15,462 | €23,683 | +€8,221 | +53.2% |
| Total equity and liabilities | 10/49 | €681,477 | €591,682 | -€89,795 | -13.2% |
| Equity | 10/15 | -€42,164 | -€94,178 | -€52,013 | -123% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €126,045 | €126,045 | = | 0.0% |
| Distributable reserves | 133 | €126,045 | €126,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,709 | -€220,723 | -€52,013 | -30.8% |
| Amounts payable | 17/49 | €723,642 | €685,860 | -€37,782 | -5.2% |
| Amounts payable after more than one year | 17 | €162,103 | €249,974 | +€87,871 | +54.2% |
| Financial debts | 170/4 | €12,103 | €99,974 | +€87,871 | +726% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €561,538 | €435,885 | -€125,653 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €80,861 | €54,314 | -€26,547 | -32.8% |
| Trade debts | 44 | €74,824 | €85,400 | +€10,576 | +14.1% |
| Suppliers | 440/4 | €74,824 | €85,400 | +€10,576 | +14.1% |
| Taxes, remuneration and social security | 45 | €7,136 | €7,478 | +€342 | +4.8% |
| Taxes | 450/3 | €656 | €1,543 | +€887 | +135% |
| Remuneration and social security | 454/9 | €6,479 | €5,934 | -€545 | -8.4% |
| Other amounts payable | 47/48 | €398,717 | €288,694 | -€110,023 | -27.6% |
| Remuneration, social security and pensions | 62 | €98,136 | €54,386 | -€43,749 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,137 | €109,766 | +€2,629 | +2.5% |
| Other operating charges | 640/8 | €16,841 | €748 | -€16,093 | -95.6% |
| Gross operating margin | 9900 | €102,820 | €124,667 | +€21,847 | +21.2% |
| Operating profit (loss) | 9901 | -€119,293 | -€40,233 | +€79,060 | +66.3% |
| Financial income | 75/76B | €227 | €78 | -€149 | -65.7% |
| Recurring financial income | 75 | €227 | €78 | -€149 | -65.7% |
| Financial charges | 65/66B | €14,238 | €11,618 | -€2,621 | -18.4% |
| Recurring financial charges | 65 | €14,238 | €11,618 | -€2,621 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€133,305 | -€51,773 | +€81,532 | +61.2% |
| Income taxes | 67/77 | €261 | €241 | -€21 | -8.0% |
| Profit (loss) for the period | 9904 | -€133,566 | -€52,013 | +€81,553 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,566 | -€52,013 | +€81,553 | +61.1% |
Next steps
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 8 November 2026 via checked.be.