Vocational Training and Testing: 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.
Vocational Training and Testing
Largest movements
- Cash +€10,732
up €10,732 (+357,733%), from €3 to €10,735
mainly Net result for the year (+€13,966) and Other debts (+€9,050)
- Receivables within one year +€6,328
up €6,328 (+39.2%), from €16,154 to €22,482
of which Other amounts receivable: +€8,999
- Tangible fixed assets -€2,537
down €2,537 (-13.7%), from €18,552 to €16,015
of which Furniture and vehicles: -€3,086
- Other debts +€9,050
up €9,050 (+10,774%), from €84 to €9,134
- Tax, wage and social debts +€8,311
up €8,311 (+755%), from €1,101 to €9,412
- Debts after one year -€3,000
no longer reported in 2025 (was €3,000)
- Short-term financial debts -€1,525
no longer reported in 2025 (was €1,525)
- Reserves +€1,000
up €1,000 (+10.1%), from €9,859 to €10,859
of which Distributable reserves: +€1,000
- Gross operating margin +€28,939
up €28,939, from -€38 to €28,901
- Taxes +€4,456
up €4,456 (+865%), from €515 to €4,971
- Financial charges +€2,908
up €2,908 (+364%), from €798 to €3,706
- Depreciation -€1,277
down €1,277 (-18.8%), from €6,784 to €5,507
- Other operating charges -€339
down €339 (-25.9%), from €1,308 to €969
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 | €36,935 | €51,403 | +€14,468 | +39.2% |
| Fixed assets | 21/28 | €18,577 | €16,015 | -€2,562 | -13.8% |
| Tangible fixed assets | 22/27 | €18,552 | €16,015 | -€2,537 | -13.7% |
| Plant, machinery and equipment | 23 | €5,865 | €7,113 | +€1,248 | +21.3% |
| Furniture and vehicles | 24 | €10,808 | €7,722 | -€3,086 | -28.6% |
| Other tangible fixed assets | 26 | €1,879 | €1,180 | -€699 | -37.2% |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €18,358 | €35,388 | +€17,030 | +92.8% |
| Amounts receivable within one year | 40/41 | €16,154 | €22,482 | +€6,328 | +39.2% |
| Trade receivables | 40 | €15,986 | €13,315 | -€2,671 | -16.7% |
| Other amounts receivable | 41 | €168 | €9,167 | +€8,999 | +5,357% |
| Cash at bank and in hand | 54/58 | €3 | €10,735 | +€10,732 | +357,733% |
| Deferred charges and accrued income | 490/1 | €2,201 | €2,171 | -€30 | -1.4% |
| Total equity and liabilities | 10/49 | €36,935 | €51,403 | +€14,468 | +39.2% |
| Equity | 10/15 | €29,344 | €30,310 | +€966 | +3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,859 | €10,859 | +€1,000 | +10.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €9,000 | +€1,000 | +12.5% |
| Profit (loss) carried forward | 14 | €893 | €859 | -€34 | -3.8% |
| Amounts payable | 17/49 | €7,591 | €21,093 | +€13,502 | +178% |
| Amounts payable after more than one year | 17 | €3,000 | - | -€3,000 | |
| Other amounts payable | 178/9 | €3,000 | - | -€3,000 | |
| Amounts payable within one year | 42/48 | €4,591 | €21,093 | +€16,502 | +359% |
| Financial debts | 43 | €1,525 | - | -€1,525 | |
| Credit institutions | 430/8 | €1,525 | - | -€1,525 | |
| Trade debts | 44 | €1,881 | €2,547 | +€666 | +35.4% |
| Suppliers | 440/4 | €1,881 | €2,547 | +€666 | +35.4% |
| Taxes, remuneration and social security | 45 | €1,101 | €9,412 | +€8,311 | +755% |
| Taxes | 450/3 | €1,101 | €9,412 | +€8,311 | +755% |
| Other amounts payable | 47/48 | €84 | €9,134 | +€9,050 | +10,774% |
| Non-recurring operating income | 76A | €12,981 | - | -€12,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,784 | €5,507 | -€1,277 | -18.8% |
| Other operating charges | 640/8 | €1,308 | €969 | -€339 | -25.9% |
| Gross operating margin | 9900 | -€38 | €28,901 | +€28,939 | |
| Operating profit (loss) | 9901 | -€8,130 | €22,425 | +€30,555 | |
| Financial income | 75/76B | €3 | €218 | +€215 | +7,167% |
| Recurring financial income | 75 | €3 | €218 | +€215 | +7,167% |
| Financial charges | 65/66B | €798 | €3,706 | +€2,908 | +364% |
| Recurring financial charges | 65 | €798 | €3,706 | +€2,908 | +364% |
| Profit (loss) for the period before taxes | 9903 | -€8,925 | €18,937 | +€27,862 | |
| Income taxes | 67/77 | €515 | €4,971 | +€4,456 | +865% |
| Profit (loss) for the period | 9904 | -€9,440 | €13,966 | +€23,406 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,440 | €13,966 | +€23,406 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.