EDUCA: 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.
EDUCA
Largest movements
- Cash +€186,899
up €186,899 (+1,506%), from €12,408 to €199,307
mainly Current investments (+€160,000) and Receivables within one year (+€45,370)
- Current investments -€160,000
no longer reported in 2025 (was €160,000)
- Receivables within one year -€45,370
down €45,370 (-43.5%), from €104,182 to €58,812
of which Other amounts receivable: -€51,344
- Tangible fixed assets +€31,202
up €31,202 (+2,845%), from €1,097 to €32,299
- Accrued charges and deferred income +€15,500
up €15,500 (+93.9%), from €16,500 to €32,000
- Trade debts -€10,897
down €10,897 (-19.3%), from €56,565 to €45,668
- Tax, wage and social debts +€3,983
new in 2025: €3,983
- Gross operating margin -€32,096
down €32,096 (-85.5%), from €37,535 to €5,439
- Staff costs -€17,348
no longer reported in 2025 (was €17,348)
- Taxes -€15,864
down €15,864 (-97.7%), from €16,232 to €368
- Depreciation +€6,554
up €6,554 (+677%), from €968 to €7,522
- Financial income +€4,563
up €4,563 (+2,781%), from €164 to €4,727
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 | €280,072 | €290,418 | +€10,346 | +3.7% |
| Fixed assets | 21/28 | €1,147 | €32,299 | +€31,152 | +2,717% |
| Tangible fixed assets | 22/27 | €1,097 | €32,299 | +€31,202 | +2,845% |
| Furniture and vehicles | 24 | €1,097 | €32,299 | +€31,202 | +2,845% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €278,925 | €258,119 | -€20,806 | -7.5% |
| Amounts receivable within one year | 40/41 | €104,182 | €58,812 | -€45,370 | -43.5% |
| Trade receivables | 40 | €28,438 | €34,412 | +€5,974 | +21.0% |
| Other amounts receivable | 41 | €75,744 | €24,400 | -€51,344 | -67.8% |
| Current investments | 50/53 | €160,000 | - | -€160,000 | |
| Cash at bank and in hand | 54/58 | €12,408 | €199,307 | +€186,899 | +1,506% |
| Deferred charges and accrued income | 490/1 | €2,336 | - | -€2,336 | |
| Total equity and liabilities | 10/49 | €280,072 | €290,418 | +€10,346 | +3.7% |
| Equity | 10/15 | €207,006 | €208,766 | +€1,760 | +0.9% |
| Contributions | 10/11 | €26,536 | €26,536 | = | 0.0% |
| Reserves | 13 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,990 | €179,750 | +€1,760 | +1.0% |
| Amounts payable | 17/49 | €73,065 | €81,651 | +€8,586 | +11.8% |
| Amounts payable within one year | 42/48 | €56,565 | €49,651 | -€6,914 | -12.2% |
| Trade debts | 44 | €56,565 | €45,668 | -€10,897 | -19.3% |
| Suppliers | 440/4 | €56,565 | €45,668 | -€10,897 | -19.3% |
| Taxes, remuneration and social security | 45 | - | €3,983 | +€3,983 | |
| Taxes | 450/3 | - | €3,983 | +€3,983 | |
| Accrued charges and deferred income | 492/3 | €16,500 | €32,000 | +€15,500 | +93.9% |
| Remuneration, social security and pensions | 62 | €17,348 | - | -€17,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €968 | €7,522 | +€6,554 | +677% |
| Other operating charges | 640/8 | €259 | €149 | -€110 | -42.5% |
| Gross operating margin | 9900 | €37,535 | €5,439 | -€32,096 | -85.5% |
| Operating profit (loss) | 9901 | €18,960 | -€2,232 | -€21,192 | |
| Financial income | 75/76B | €164 | €4,727 | +€4,563 | +2,781% |
| Recurring financial income | 75 | €164 | €4,727 | +€4,563 | +2,781% |
| Financial charges | 65/66B | €345 | €368 | +€23 | +6.7% |
| Recurring financial charges | 65 | €345 | €368 | +€23 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €18,780 | €2,128 | -€16,652 | -88.7% |
| Income taxes | 67/77 | €16,232 | €368 | -€15,864 | -97.7% |
| Profit (loss) for the period | 9904 | €2,548 | €1,760 | -€788 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,548 | €1,760 | -€788 | -30.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.