EDU-COM: what changed
EDU-COM
Largest movements
- Receivables within one year +€4,064
up €4,064 (+48.5%), from €8,380 to €12,444
of which Trade receivables: +€4,385
- Deferred charges and accrued income -€1,806
down €1,806 (-23.8%), from €7,586 to €5,780
- Cash -€1,682
down €1,682 (-95.6%), from €1,759 to €77
mainly Receivables within one year (-€4,064) and Net result for the year (-€3,273)
- Tangible fixed assets -€1,027
down €1,027 (-23.8%), from €4,310 to €3,283
of which Furniture and vehicles: -€670
- Trade debts +€4,135
up €4,135 (+45.6%), from €9,065 to €13,200
- Reserves -€3,273
down €3,273 (-43.3%), from €7,552 to €4,279
- Tax, wage and social debts -€866
down €866 (-25.0%), from €3,471 to €2,605
- Other debts -€447
no longer reported in 2025 (was €447)
- Other operating charges -€1,302
down €1,302 (-58.6%), from €2,223 to €921
- Depreciation -€936
down €936 (-33.7%), from €2,781 to €1,845
- Gross operating margin -€788
down €788 (-48.3%), from €1,632 to €844
- Taxes +€143
up €143 (+14.0%), from €1,021 to €1,165
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,035 | €21,584 | -€451 | -2.0% |
| Fixed assets | 21/28 | €4,310 | €3,283 | -€1,027 | -23.8% |
| Tangible fixed assets | 22/27 | €4,310 | €3,283 | -€1,027 | -23.8% |
| Plant, machinery and equipment | 23 | €1,090 | €733 | -€358 | -32.8% |
| Furniture and vehicles | 24 | €3,220 | €2,550 | -€670 | -20.8% |
| Current assets | 29/58 | €17,725 | €18,301 | +€576 | +3.3% |
| Amounts receivable within one year | 40/41 | €8,380 | €12,444 | +€4,064 | +48.5% |
| Trade receivables | 40 | €7,986 | €12,371 | +€4,385 | +54.9% |
| Other amounts receivable | 41 | €394 | €73 | -€321 | -81.5% |
| Cash at bank and in hand | 54/58 | €1,759 | €77 | -€1,682 | -95.6% |
| Deferred charges and accrued income | 490/1 | €7,586 | €5,780 | -€1,806 | -23.8% |
| Total equity and liabilities | 10/49 | €22,035 | €21,584 | -€451 | -2.0% |
| Equity | 10/15 | €9,052 | €5,779 | -€3,273 | -36.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €7,552 | €4,279 | -€3,273 | -43.3% |
| Distributable reserves | 133 | €7,552 | €4,279 | -€3,273 | -43.3% |
| Amounts payable | 17/49 | €12,983 | €15,805 | +€2,822 | +21.7% |
| Amounts payable within one year | 42/48 | €12,983 | €15,805 | +€2,822 | +21.7% |
| Trade debts | 44 | €9,065 | €13,200 | +€4,135 | +45.6% |
| Suppliers | 440/4 | €9,065 | €13,200 | +€4,135 | +45.6% |
| Taxes, remuneration and social security | 45 | €3,471 | €2,605 | -€866 | -25.0% |
| Taxes | 450/3 | €3,471 | €2,605 | -€866 | -25.0% |
| Other amounts payable | 47/48 | €447 | - | -€447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,781 | €1,845 | -€936 | -33.7% |
| Other operating charges | 640/8 | €2,223 | €921 | -€1,302 | -58.6% |
| Gross operating margin | 9900 | €1,632 | €844 | -€788 | -48.3% |
| Operating profit (loss) | 9901 | -€3,372 | -€1,922 | +€1,451 | +43.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €193 | €188 | -€4 | -2.3% |
| Recurring financial charges | 65 | €193 | €158 | -€34 | -17.9% |
| Non-recurring financial charges | 66B | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | -€3,565 | -€2,109 | +€1,456 | +40.9% |
| Income taxes | 67/77 | €1,021 | €1,165 | +€143 | +14.0% |
| Profit (loss) for the period | 9904 | -€4,587 | -€3,273 | +€1,313 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,587 | -€3,273 | +€1,313 | +28.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.