TECHNICAL TRAINING AGENCY: 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.
TECHNICAL TRAINING AGENCY
Largest movements
- Receivables within one year +€4,918
up €4,918 (+20.0%), from €24,594 to €29,512
of which Trade receivables: +€25,000
- Cash -€2,592
down €2,592 (-79.6%), from €3,256 to €663
mainly Tax, wage and social debts (-€5,919) and Receivables within one year (-€4,918)
- Other debts +€7,225
new in 2025: €7,225
- Tax, wage and social debts -€5,919
down €5,919 (-71.4%), from €8,286 to €2,367
of which Remuneration and social security: -€4,747
- Profit (loss) carried forward -€2,993
down €2,993 (-27.1%), from €11,063 to €8,070
- Trade debts +€2,776
up €2,776 (+619.3%), from €448 to €3,224
- Accrued charges and deferred income +€1,300
up €1,300 (+130.0%), from €1,000 to €2,300
- Gross operating margin -€33,388
down €33,388 (-70.2%), from €47,560 to €14,172
- Staff costs -€22,694
down €22,694 (-59.9%), from €37,882 to €15,188
- Taxes -€2,367
down €2,367 (-100.0%), from €2,367 to €0
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 | €28,854 | €31,243 | +€2,389 | +8.3% |
| Current assets | 29/58 | €28,854 | €31,243 | +€2,389 | +8.3% |
| Amounts receivable within one year | 40/41 | €24,594 | €29,512 | +€4,918 | +20.0% |
| Trade receivables | 40 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 41 | €24,594 | €4,512 | -€20,082 | -81.7% |
| Cash at bank and in hand | 54/58 | €3,256 | €663 | -€2,592 | -79.6% |
| Deferred charges and accrued income | 490/1 | €1,004 | €1,068 | +€63 | +6.3% |
| Total equity and liabilities | 10/49 | €28,854 | €31,243 | +€2,389 | +8.3% |
| Equity | 10/15 | €19,120 | €16,127 | -€2,993 | -15.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,063 | €8,070 | -€2,993 | -27.1% |
| Amounts payable | 17/49 | €9,734 | €15,116 | +€5,382 | +55.3% |
| Amounts payable within one year | 42/48 | €8,734 | €12,816 | +€4,082 | +46.7% |
| Trade debts | 44 | €448 | €3,224 | +€2,776 | +619.3% |
| Suppliers | 440/4 | €448 | €3,224 | +€2,776 | +619.3% |
| Taxes, remuneration and social security | 45 | €8,286 | €2,367 | -€5,919 | -71.4% |
| Taxes | 450/3 | €3,539 | €2,367 | -€1,172 | -33.1% |
| Remuneration and social security | 454/9 | €4,747 | €0 | -€4,747 | -100.0% |
| Other amounts payable | 47/48 | - | €7,225 | +€7,225 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,300 | +€1,300 | +130.0% |
| Remuneration, social security and pensions | 62 | €37,882 | €15,188 | -€22,694 | -59.9% |
| Other operating charges | 640/8 | €505 | €570 | +€64 | +12.7% |
| Gross operating margin | 9900 | €47,560 | €14,172 | -€33,388 | -70.2% |
| Operating profit (loss) | 9901 | €9,173 | -€1,585 | -€10,758 | |
| Financial charges | 65/66B | €1,414 | €1,408 | -€6 | -0.4% |
| Recurring financial charges | 65 | €1,414 | €1,408 | -€6 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €7,759 | -€2,993 | -€10,752 | |
| Income taxes | 67/77 | €2,367 | €0 | -€2,367 | -100.0% |
| Profit (loss) for the period | 9904 | €5,392 | -€2,993 | -€8,386 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,392 | -€2,993 | -€8,386 |
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 6 October 2026 via checked.be.