SCHOOL SERVICES: what changed
Two fiscal 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.
SCHOOL SERVICES
Largest movements
- Intangible fixed assets -€78,996
down €78,996 (-47.5%), from €166,451 to €87,455
- Receivables within one year +€40,743
up €40,743 (+23.3%), from €174,666 to €215,409
of which Other amounts receivable: +€38,650
- Cash +€22,595
up €22,595 (+94.7%), from €23,872 to €46,466
mainly Trade debts (+€88,681) and Depreciation (+€84,413)
- Deferred charges and accrued income -€10,937
down €10,937 (-41.2%), from €26,534 to €15,597
- Tangible fixed assets +€4,944
up €4,944 (+32.9%), from €15,038 to €19,982
of which Furniture and vehicles: +€8,800
- Tax, wage and social debts -€129,281
down €129,281 (-42.6%), from €303,357 to €174,076
of which Remuneration and social security: -€138,804
- Trade debts +€88,681
up €88,681 (+455.0%), from €19,490 to €108,171
- Profit (loss) carried forward +€18,948
up €18,948 (+16.3%), from €116,385 to €135,332
- Gross operating margin +€61,135
up €61,135 (+6.0%), from €1.0m to €1.1m
- Depreciation +€55,227
up €55,227 (+189.2%), from €29,186 to €84,413
- Staff costs +€31,756
up €31,756 (+3.5%), from €894,918 to €926,674
- Financial charges -€27,539
down €27,539 (-35.0%), from €78,659 to €51,120
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.
Cash bridge derived
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 | €444,231 | €422,579 | -€21,652 | -4.9% |
| Fixed assets | 21/28 | €219,159 | €145,107 | -€74,052 | -33.8% |
| Intangible fixed assets | 21 | €166,451 | €87,455 | -€78,996 | -47.5% |
| Tangible fixed assets | 22/27 | €15,038 | €19,982 | +€4,944 | +32.9% |
| Plant, machinery and equipment | 23 | €11,894 | €8,038 | -€3,856 | -32.4% |
| Furniture and vehicles | 24 | €3,144 | €11,945 | +€8,800 | +279.9% |
| Financial fixed assets | 28 | €37,670 | €37,670 | = | 0.0% |
| Current assets | 29/58 | €225,072 | €277,472 | +€52,400 | +23.3% |
| Amounts receivable within one year | 40/41 | €174,666 | €215,409 | +€40,743 | +23.3% |
| Trade receivables | 40 | €12,500 | €14,593 | +€2,093 | +16.7% |
| Other amounts receivable | 41 | €162,166 | €200,816 | +€38,650 | +23.8% |
| Cash at bank and in hand | 54/58 | €23,872 | €46,466 | +€22,595 | +94.7% |
| Deferred charges and accrued income | 490/1 | €26,534 | €15,597 | -€10,937 | -41.2% |
| Total equity and liabilities | 10/49 | €444,231 | €422,579 | -€21,652 | -4.9% |
| Equity | 10/15 | €121,385 | €140,332 | +€18,948 | +15.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,385 | €135,332 | +€18,948 | +16.3% |
| Amounts payable | 17/49 | €322,846 | €282,247 | -€40,600 | -12.6% |
| Amounts payable within one year | 42/48 | €322,846 | €282,247 | -€40,600 | -12.6% |
| Trade debts | 44 | €19,490 | €108,171 | +€88,681 | +455.0% |
| Suppliers | 440/4 | €19,490 | €108,171 | +€88,681 | +455.0% |
| Taxes, remuneration and social security | 45 | €303,357 | €174,076 | -€129,281 | -42.6% |
| Taxes | 450/3 | €59,323 | €68,846 | +€9,523 | +16.1% |
| Remuneration and social security | 454/9 | €244,033 | €105,229 | -€138,804 | -56.9% |
| Non-recurring operating income | 76A | - | €8,519 | +€8,519 | |
| Remuneration, social security and pensions | 62 | €894,918 | €926,674 | +€31,756 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,186 | €84,413 | +€55,227 | +189.2% |
| Other operating charges | 640/8 | €6,231 | €2,182 | -€4,049 | -65.0% |
| Gross operating margin | 9900 | €1,019,476 | €1,080,611 | +€61,135 | +6.0% |
| Operating profit (loss) | 9901 | €89,142 | €67,343 | -€21,799 | -24.5% |
| Financial income | 75/76B | €10,132 | €9,548 | -€584 | -5.8% |
| Recurring financial income | 75 | €10,132 | €9,548 | -€584 | -5.8% |
| Financial charges | 65/66B | €78,659 | €51,120 | -€27,539 | -35.0% |
| Recurring financial charges | 65 | €78,659 | €51,120 | -€27,539 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €20,615 | €25,771 | +€5,156 | +25.0% |
| Income taxes | 67/77 | €7,247 | €6,823 | -€424 | -5.8% |
| Profit (loss) for the period | 9904 | €13,368 | €18,948 | +€5,579 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,368 | €18,948 | +€5,579 | +41.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.