EduCentrum: 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.
EduCentrum
Largest movements
- Cash +€181,992
up €181,992 (+261%), from €69,722 to €251,714
mainly Debts (+€169,471) and Receivables within one year (+€11,691)
- Receivables within one year -€11,691
down €11,691 (-35.4%), from €33,055 to €21,364
- Financial fixed assets -€3,001
down €3,001 (-54.1%), from €5,551 to €2,550
- Debts +€169,471
up €169,471 (+740%), from €22,906 to €192,377
- Gross operating margin +€47,595
up €47,595 (+65.5%), from €72,644 to €120,240
From the 2011 result to the 2012 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 2011 and 2012 balance sheets and the 2012 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,740 | €283,237 | +€167,497 | +145% |
| Fixed assets | 21/28 | €12,963 | €10,159 | -€2,804 | -21.6% |
| Tangible fixed assets | 22/27 | €7,412 | €7,609 | +€197 | +2.7% |
| Financial fixed assets | 28 | €5,551 | €2,550 | -€3,001 | -54.1% |
| Current assets | 29/58 | €102,777 | €273,078 | +€170,301 | +166% |
| Amounts receivable within one year | 40/41 | €33,055 | €21,364 | -€11,691 | -35.4% |
| Cash at bank and in hand | 54/58 | €69,722 | €251,714 | +€181,992 | +261% |
| Total equity and liabilities | 10/49 | €115,740 | €283,237 | +€167,497 | +145% |
| Equity | 10/15 | €92,834 | €90,860 | -€1,974 | -2.1% |
| Profit (loss) carried forward | 14 | €5,454 | €3,480 | -€1,974 | -36.2% |
| Amounts payable | 17/49 | €22,906 | €192,377 | +€169,471 | +740% |
| Amounts payable within one year | 42/48 | €22,906 | €186,702 | +€163,797 | +715% |
| Trade debts | 44 | €15,075 | €175,419 | +€160,344 | +1,064% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,616 | €7,321 | +€706 | +10.7% |
| Gross operating margin | 9900 | €72,644 | €120,240 | +€47,595 | +65.5% |
| Operating profit (loss) | 9901 | -€39,723 | -€3,291 | +€36,433 | +91.7% |
| Recurring financial income | 75 | €1,201 | €1,577 | +€376 | +31.3% |
| Recurring financial charges | 65 | €282 | €261 | -€20 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€38,804 | -€1,974 | +€36,829 | +94.9% |
| Profit (loss) for the period | 9904 | -€38,804 | -€1,974 | +€36,829 | +94.9% |
Source: filed annual accounts (NBB), financial years ended 31 August 2011 and 31 August 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.