STUDIEBURO VANDEBON: 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.
STUDIEBURO VANDEBON
Largest movements
- Tangible fixed assets -€18,993
down €18,993 (-7.2%), from €265,535 to €246,542
of which Land and buildings: -€18,993
- Profit (loss) carried forward -€12,766
new in 2025: -€12,766
- Debts after one year -€11,357
down €11,357 (-8.4%), from €134,648 to €123,291
of which Financial debts: -€15,384
- Other debts +€5,280
new in 2025: €5,280
- Gross operating margin -€4,726
down €4,726 (-28.2%), from €16,770 to €12,045
- Financial charges +€234
up €234 (+4.8%), from €4,862 to €5,096
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 | €279,481 | €259,963 | -€19,518 | -7.0% |
| Fixed assets | 21/28 | €265,535 | €246,542 | -€18,993 | -7.2% |
| Tangible fixed assets | 22/27 | €265,535 | €246,542 | -€18,993 | -7.2% |
| Land and buildings | 22 | €265,535 | €246,542 | -€18,993 | -7.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €13,947 | €13,422 | -€525 | -3.8% |
| Amounts receivable within one year | 40/41 | €12,143 | €12,084 | -€59 | -0.5% |
| Other amounts receivable | 41 | €12,143 | €12,084 | -€59 | -0.5% |
| Cash at bank and in hand | 54/58 | €1,804 | €1,338 | -€466 | -25.8% |
| Total equity and liabilities | 10/49 | €279,481 | €259,963 | -€19,518 | -7.0% |
| Equity | 10/15 | €129,363 | €116,008 | -€13,355 | -10.3% |
| Contributions | 10/11 | €6,295 | €6,295 | = | 0.0% |
| Reserves | 13 | €123,069 | €122,480 | -€589 | -0.5% |
| Non-distributable reserves | 130/1 | €2,202 | €2,202 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,202 | €2,202 | = | 0.0% |
| Distributable reserves | 133 | €120,867 | €120,279 | -€589 | -0.5% |
| Profit (loss) carried forward | 14 | - | -€12,766 | -€12,766 | |
| Amounts payable | 17/49 | €150,118 | €143,955 | -€6,163 | -4.1% |
| Amounts payable after more than one year | 17 | €134,648 | €123,291 | -€11,357 | -8.4% |
| Financial debts | 170/4 | €47,963 | €32,579 | -€15,384 | -32.1% |
| Other amounts payable | 178/9 | €86,685 | €90,712 | +€4,027 | +4.6% |
| Amounts payable within one year | 42/48 | €15,221 | €20,664 | +€5,443 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €15,221 | €15,384 | +€163 | +1.1% |
| Other amounts payable | 47/48 | - | €5,280 | +€5,280 | |
| Accrued charges and deferred income | 492/3 | €249 | - | -€249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,993 | €18,993 | = | 0.0% |
| Other operating charges | 640/8 | €1,832 | €1,952 | +€120 | +6.5% |
| Gross operating margin | 9900 | €16,770 | €12,045 | -€4,726 | -28.2% |
| Operating profit (loss) | 9901 | -€4,054 | -€8,900 | -€4,846 | -120% |
| Financial income | 75/76B | €689 | €641 | -€48 | -6.9% |
| Recurring financial income | 75 | €689 | €641 | -€48 | -6.9% |
| Financial charges | 65/66B | €4,862 | €5,096 | +€234 | +4.8% |
| Recurring financial charges | 65 | €4,862 | €5,096 | +€234 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,227 | -€13,355 | -€5,127 | -62.3% |
| Profit (loss) for the period | 9904 | -€8,227 | -€13,355 | -€5,127 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,227 | -€13,355 | -€5,127 | -62.3% |
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 31 October 2026 via checked.be.