VCLB Antwerpen Middengebied: 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.
What changed
VCLB Antwerpen Middengebied
NACE 85.691, Education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€105,267
2024 · €32,609-€137,876
Equity
€2.3m
2024 · €2.5m-€127,158
Cash
€575,252
2024 · €593,872-€18,620
Balance sheet total
€2.6m
2024 · €2.7m-€80,225
Largest movements
Assets
- Tangible fixed assets -€59,754
down €59,754 (-3.4%), from €1.8m to €1.7m
of which Land and buildings: -€71,619
Equity and liabilities
- Profit (loss) carried forward -€105,267
down €105,267 (-7.8%), from €1.3m to €1.2m
- Accrued charges and deferred income +€45,958
up €45,958 (+31.6%), from €145,539 to €191,497
Income statement
- Gross operating margin -€192,065
down €192,065 (-83.3%), from €230,474 to €38,408
- Purchases and services +€50,454
up €50,454 (+7.1%), from €710,626 to €761,080
- Depreciation -€9,702
down €9,702 (-7.4%), from €130,944 to €121,242
- Financial charges -€6,285
down €6,285, from €5,606 to -€679
- Other operating charges -€5,460
down €5,460 (-22.4%), from €24,380 to €18,919
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.
Result 2024
€32,609
Gross operating margin
-€192,065
Staff costs
-€1,089
Depreciation
+€9,702
Other operating charges
+€5,460
Other operating items
+€32,715
Financial income
+€1,117
Financial charges
+€6,285
Result 2025
-€105,267
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€65,887
Investment
-€62,615
Financing
-€21,892
Cash 2024
€593,872
From operations (derived)
+€65,887
Net result for the year
-€105,267
Depreciation
+€121,242
Receivables within one year
-€5,301
Deferred charges and accrued income
+€8,280
Trade debts
+€878
Tax, wage and social debts
+€98
Accrued charges and deferred income
+€45,958
Investment (derived)
-€62,615
Investment in fixed assets (net)
-€61,488
Current investments
-€1,127
Financing
-€21,892
Contributions, distributions and other
-€21,892
Cash 2025
€575,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,655,374 | €2,575,148 | -€80,225 | -3.0% |
| Fixed assets | 21/28 | €1,781,652 | €1,721,898 | -€59,754 | -3.4% |
| Tangible fixed assets | 22/27 | €1,781,652 | €1,721,898 | -€59,754 | -3.4% |
| Land and buildings | 22 | €1,606,966 | €1,535,347 | -€71,619 | -4.5% |
| Plant, machinery and equipment | 23 | €89,432 | €87,283 | -€2,149 | -2.4% |
| Furniture and vehicles | 24 | €85,254 | €66,698 | -€18,557 | -21.8% |
| Assets under construction and advance payments | 27 | - | €32,570 | +€32,570 | |
| Current assets | 29/58 | €873,721 | €853,250 | -€20,471 | -2.3% |
| Amounts receivable within one year | 40/41 | €4,029 | €9,330 | +€5,301 | +132% |
| Trade receivables | 40 | €29 | €154 | +€125 | +433% |
| Other amounts receivable | 41 | €4,000 | €9,176 | +€5,176 | +129% |
| Current investments | 50/53 | €243,553 | €244,680 | +€1,127 | +0.5% |
| Cash at bank and in hand | 54/58 | €593,872 | €575,252 | -€18,620 | -3.1% |
| Deferred charges and accrued income | 490/1 | €32,268 | €23,988 | -€8,280 | -25.7% |
| Total equity and liabilities | 10/49 | €2,655,374 | €2,575,148 | -€80,225 | -3.0% |
| Equity | 10/15 | €2,466,792 | €2,339,633 | -€127,158 | -5.2% |
| Contributions | 10/11 | €649,171 | €649,171 | = | 0.0% |
| Capital | 10 | €649,171 | €649,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,341,998 | €1,236,732 | -€105,267 | -7.8% |
| Investment grants | 15 | €475,623 | €453,731 | -€21,892 | -4.6% |
| Amounts payable | 17/49 | €188,582 | €235,515 | +€46,933 | +24.9% |
| Amounts payable within one year | 42/48 | €43,043 | €44,018 | +€976 | +2.3% |
| Trade debts | 44 | €42,017 | €42,895 | +€878 | +2.1% |
| Suppliers | 440/4 | €42,017 | €42,895 | +€878 | +2.1% |
| Taxes, remuneration and social security | 45 | €1,026 | €1,124 | +€98 | +9.5% |
| Remuneration and social security | 454/9 | €1,026 | €1,124 | +€98 | +9.5% |
| Accrued charges and deferred income | 492/3 | €145,539 | €191,497 | +€45,958 | +31.6% |
| Membership fees, donations, legacies and grants | 73 | €862,365 | €766,940 | -€95,425 | -11.1% |
| Non-recurring operating income | 76A | €48,008 | €1,558 | -€46,451 | -96.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €710,626 | €761,080 | +€50,454 | +7.1% |
| Remuneration, social security and pensions | 62 | €10,033 | €11,122 | +€1,089 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,944 | €121,242 | -€9,702 | -7.4% |
| Other operating charges | 640/8 | €24,380 | €18,919 | -€5,460 | -22.4% |
| Non-recurring operating charges | 66A | €32,715 | - | -€32,715 | |
| Gross operating margin | 9900 | €230,474 | €38,408 | -€192,065 | -83.3% |
| Operating profit (loss) | 9901 | €32,402 | -€112,875 | -€145,277 | |
| Financial income | 75/76B | €5,813 | €6,929 | +€1,117 | +19.2% |
| Recurring financial income | 75 | €5,813 | €6,929 | +€1,117 | +19.2% |
| Financial charges | 65/66B | €5,606 | -€679 | -€6,285 | |
| Recurring financial charges | 65 | €5,606 | -€679 | -€6,285 | |
| Profit (loss) for the period before taxes | 9903 | €32,609 | -€105,267 | -€137,876 | |
| Profit (loss) for the period | 9904 | €32,609 | -€105,267 | -€137,876 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,609 | -€105,267 | -€137,876 |
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 28 October 2026 via checked.be.