Teach Learn Grow: 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.
Teach Learn Grow
Largest movements
- Cash +€5,859
up €5,859 (+1,075%), from €545 to €6,404
mainly Net result for the year (+€11,116) and Depreciation (+€7,553)
- Tangible fixed assets -€4,698
down €4,698 (-17.6%), from €26,669 to €21,971
of which Furniture and vehicles: -€6,480
- Receivables within one year -€4,442
down €4,442 (-63.3%), from €7,016 to €2,575
of which Trade receivables: -€6,479
- Deferred charges and accrued income -€576
down €576 (-30.0%), from €1,918 to €1,342
- Debts after one year -€12,372
down €12,372 (-83.0%), from €14,900 to €2,528
- Profit (loss) carried forward +€9,365
up €9,365 (+441%), from €2,126 to €11,491
- Tax, wage and social debts +€4,435
up €4,435 (+677%), from €655 to €5,090
- Current portion of long-term debt -€2,838
down €2,838 (-43.2%), from €6,576 to €3,738
- Other debts -€2,136
down €2,136 (-37.5%), from €5,696 to €3,560
- Gross operating margin +€5,863
up €5,863 (+32.7%), from €17,948 to €23,811
- Taxes +€3,718
up €3,718 (+1,459%), from €255 to €3,973
- Depreciation -€1,797
down €1,797 (-19.2%), from €9,350 to €7,553
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 | €36,898 | €33,041 | -€3,857 | -10.5% |
| Fixed assets | 21/28 | €27,419 | €22,721 | -€4,698 | -17.1% |
| Tangible fixed assets | 22/27 | €26,669 | €21,971 | -€4,698 | -17.6% |
| Plant, machinery and equipment | 23 | €2,372 | €4,154 | +€1,782 | +75.1% |
| Furniture and vehicles | 24 | €24,296 | €17,816 | -€6,480 | -26.7% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €9,479 | €10,320 | +€841 | +8.9% |
| Amounts receivable within one year | 40/41 | €7,016 | €2,575 | -€4,442 | -63.3% |
| Trade receivables | 40 | €6,999 | €520 | -€6,479 | -92.6% |
| Other amounts receivable | 41 | €17 | €2,055 | +€2,037 | +11,757% |
| Cash at bank and in hand | 54/58 | €545 | €6,404 | +€5,859 | +1,075% |
| Deferred charges and accrued income | 490/1 | €1,918 | €1,342 | -€576 | -30.0% |
| Total equity and liabilities | 10/49 | €36,898 | €33,041 | -€3,857 | -10.5% |
| Equity | 10/15 | €8,526 | €17,891 | +€9,365 | +110% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,126 | €11,491 | +€9,365 | +441% |
| Amounts payable | 17/49 | €28,372 | €15,150 | -€13,223 | -46.6% |
| Amounts payable after more than one year | 17 | €14,900 | €2,528 | -€12,372 | -83.0% |
| Financial debts | 170/4 | €14,900 | €2,528 | -€12,372 | -83.0% |
| Amounts payable within one year | 42/48 | €13,472 | €12,622 | -€850 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €6,576 | €3,738 | -€2,838 | -43.2% |
| Trade debts | 44 | €544 | €234 | -€311 | -57.1% |
| Suppliers | 440/4 | €544 | €234 | -€311 | -57.1% |
| Taxes, remuneration and social security | 45 | €655 | €5,090 | +€4,435 | +677% |
| Taxes | 450/3 | €655 | €5,090 | +€4,435 | +677% |
| Other amounts payable | 47/48 | €5,696 | €3,560 | -€2,136 | -37.5% |
| Non-recurring operating income | 76A | - | €9,412 | +€9,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,350 | €7,553 | -€1,797 | -19.2% |
| Other operating charges | 640/8 | €518 | €465 | -€54 | -10.3% |
| Gross operating margin | 9900 | €17,948 | €23,811 | +€5,863 | +32.7% |
| Operating profit (loss) | 9901 | €8,080 | €15,793 | +€7,713 | +95.5% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €883 | €724 | -€158 | -17.9% |
| Recurring financial charges | 65 | €883 | €724 | -€158 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €7,197 | €15,089 | +€7,892 | +110% |
| Income taxes | 67/77 | €255 | €3,973 | +€3,718 | +1,459% |
| Profit (loss) for the period | 9904 | €6,943 | €11,116 | +€4,173 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,943 | €11,116 | +€4,173 | +60.1% |
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 22 October 2026 via checked.be.