EDUCASPORT: 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.
EDUCASPORT
Largest movements
- Cash +€37,302
up €37,302 (+53.2%), from €70,117 to €107,420
mainly Net result for the year (+€38,445) and Other debts (+€35,592)
- Tangible fixed assets +€20,784
up €20,784 (+248.4%), from €8,368 to €29,153
of which Furniture and vehicles: +€21,075
- Receivables within one year -€2,838
down €2,838 (-22.5%), from €12,604 to €9,766
of which Other amounts receivable: -€3,106
- Reserves +€38,000
new in 2025: €38,000
- Other debts +€35,592
up €35,592 (+333.2%), from €10,681 to €46,273
- Profit (loss) carried forward -€35,555
down €35,555 (-94.7%), from €37,540 to €1,985
- Debts after one year +€16,665
up €16,665 (+1883.7%), from €885 to €17,550
- Trade debts -€9,096
down €9,096 (-53.4%), from €17,050 to €7,953
- Gross operating margin +€14,152
up €14,152 (+23.6%), from €59,964 to €74,116
- Depreciation +€7,050
up €7,050 (+141.4%), from €4,987 to €12,037
- Taxes +€4,955
up €4,955 (+36.0%), from €13,764 to €18,719
- Financial charges +€963
up €963 (+42.3%), from €2,278 to €3,241
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 | €92,076 | €147,227 | +€55,151 | +59.9% |
| Fixed assets | 21/28 | €8,368 | €29,153 | +€20,784 | +248.4% |
| Tangible fixed assets | 22/27 | €8,368 | €29,153 | +€20,784 | +248.4% |
| Plant, machinery and equipment | 23 | €1,061 | €771 | -€291 | -27.4% |
| Furniture and vehicles | 24 | €7,307 | €28,382 | +€21,075 | +288.4% |
| Current assets | 29/58 | €83,708 | €118,075 | +€34,367 | +41.1% |
| Stocks and contracts in progress | 3 | €900 | €800 | -€100 | -11.1% |
| Stocks | 30/36 | €900 | €800 | -€100 | -11.1% |
| Amounts receivable within one year | 40/41 | €12,604 | €9,766 | -€2,838 | -22.5% |
| Trade receivables | 40 | €9,498 | €9,766 | +€267 | +2.8% |
| Other amounts receivable | 41 | €3,106 | €0 | -€3,106 | -100.0% |
| Cash at bank and in hand | 54/58 | €70,117 | €107,420 | +€37,302 | +53.2% |
| Deferred charges and accrued income | 490/1 | €86 | €89 | +€3 | +3.5% |
| Total equity and liabilities | 10/49 | €92,076 | €147,227 | +€55,151 | +59.9% |
| Equity | 10/15 | €56,140 | €58,585 | +€2,445 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €38,000 | +€38,000 | |
| Distributable reserves | 133 | - | €38,000 | +€38,000 | |
| Profit (loss) carried forward | 14 | €37,540 | €1,985 | -€35,555 | -94.7% |
| Amounts payable | 17/49 | €35,936 | €88,642 | +€52,706 | +146.7% |
| Amounts payable after more than one year | 17 | €885 | €17,550 | +€16,665 | +1883.7% |
| Financial debts | 170/4 | €885 | €17,550 | +€16,665 | +1883.7% |
| Amounts payable within one year | 42/48 | €33,818 | €70,351 | +€36,532 | +108.0% |
| Current portion of amounts payable after more than one year | 42 | €2,575 | €8,258 | +€5,682 | +220.6% |
| Trade debts | 44 | €17,050 | €7,953 | -€9,096 | -53.4% |
| Suppliers | 440/4 | €17,050 | €7,953 | -€9,096 | -53.4% |
| Taxes, remuneration and social security | 45 | €3,512 | €7,867 | +€4,355 | +124.0% |
| Taxes | 450/3 | €3,512 | €7,867 | +€4,355 | +124.0% |
| Other amounts payable | 47/48 | €10,681 | €46,273 | +€35,592 | +333.2% |
| Accrued charges and deferred income | 492/3 | €1,233 | €742 | -€492 | -39.9% |
| Non-recurring operating income | 76A | €4,035 | €7,851 | +€3,816 | +94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,987 | €12,037 | +€7,050 | +141.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €448 | +€448 | |
| Other operating charges | 640/8 | €761 | €1,229 | +€468 | +61.5% |
| Gross operating margin | 9900 | €59,964 | €74,116 | +€14,152 | +23.6% |
| Operating profit (loss) | 9901 | €54,216 | €60,403 | +€6,186 | +11.4% |
| Financial income | 75/76B | €29 | €3 | -€26 | -91.2% |
| Recurring financial income | 75 | €29 | €3 | -€26 | -91.2% |
| Financial charges | 65/66B | €2,278 | €3,241 | +€963 | +42.3% |
| Recurring financial charges | 65 | €2,278 | €3,241 | +€963 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €51,967 | €57,164 | +€5,197 | +10.0% |
| Income taxes | 67/77 | €13,764 | €18,719 | +€4,955 | +36.0% |
| Profit (loss) for the period | 9904 | €38,203 | €38,445 | +€242 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,203 | €38,445 | +€242 | +0.6% |
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 2 October 2026 via checked.be.