EDUCORNER: 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.
EDUCORNER
Largest movements
- Receivables within one year +€56,866
up €56,866 (+74.2%), from €76,603 to €133,468
of which Trade receivables: +€52,376
- Cash -€51,782
down €51,782 (-91.6%), from €56,510 to €4,728
mainly Receivables within one year (-€56,866) and Debts after one year (-€46,155)
- Tangible fixed assets -€45,058
down €45,058 (-7.7%), from €586,316 to €541,257
of which Land and buildings: -€35,755
- Debts after one year -€46,155
down €46,155 (-13.9%), from €332,306 to €286,150
- Trade debts +€10,720
up €10,720 (+82.5%), from €12,991 to €23,711
- Gross operating margin -€18,039
down €18,039 (-12.7%), from €142,381 to €124,342
- Taxes -€4,653
down €4,653 (-73.4%), from €6,338 to €1,685
- Depreciation -€4,620
down €4,620 (-8.6%), from €53,657 to €49,037
- Staff costs +€2,231
up €2,231 (+4.8%), from €46,498 to €48,729
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 | €780,973 | €745,960 | -€35,013 | -4.5% |
| Fixed assets | 21/28 | €587,786 | €542,728 | -€45,058 | -7.7% |
| Tangible fixed assets | 22/27 | €586,316 | €541,257 | -€45,058 | -7.7% |
| Land and buildings | 22 | €562,584 | €526,829 | -€35,755 | -6.4% |
| Plant, machinery and equipment | 23 | €6,626 | €1,602 | -€5,023 | -75.8% |
| Furniture and vehicles | 24 | €2,649 | €1,441 | -€1,209 | -45.6% |
| Leasing and similar rights | 25 | €14,456 | €8,855 | -€5,601 | -38.7% |
| Other tangible fixed assets | 26 | €0 | €2,531 | +€2,531 | |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €193,187 | €203,232 | +€10,046 | +5.2% |
| Stocks and contracts in progress | 3 | €59,928 | €59,731 | -€196 | -0.3% |
| Stocks | 30/36 | €59,928 | €59,731 | -€196 | -0.3% |
| Amounts receivable within one year | 40/41 | €76,603 | €133,468 | +€56,866 | +74.2% |
| Trade receivables | 40 | €74,777 | €127,154 | +€52,376 | +70.0% |
| Other amounts receivable | 41 | €1,825 | €6,315 | +€4,489 | +246% |
| Cash at bank and in hand | 54/58 | €56,510 | €4,728 | -€51,782 | -91.6% |
| Deferred charges and accrued income | 490/1 | €147 | €5,305 | +€5,159 | +3,521% |
| Total equity and liabilities | 10/49 | €780,973 | €745,960 | -€35,013 | -4.5% |
| Equity | 10/15 | €373,237 | €375,750 | +€2,512 | +0.7% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €317,081 | €319,593 | +€2,512 | +0.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €317,081 | €319,593 | +€2,512 | +0.8% |
| Profit (loss) carried forward | 14 | €11,157 | €11,157 | = | 0.0% |
| Amounts payable | 17/49 | €407,735 | €370,211 | -€37,525 | -9.2% |
| Amounts payable after more than one year | 17 | €332,306 | €286,150 | -€46,155 | -13.9% |
| Financial debts | 170/4 | €332,306 | €286,150 | -€46,155 | -13.9% |
| Amounts payable within one year | 42/48 | €74,462 | €83,062 | +€8,600 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €44,161 | €46,155 | +€1,995 | +4.5% |
| Trade debts | 44 | €12,991 | €23,711 | +€10,720 | +82.5% |
| Suppliers | 440/4 | €12,991 | €23,711 | +€10,720 | +82.5% |
| Taxes, remuneration and social security | 45 | €12,957 | €13,179 | +€222 | +1.7% |
| Taxes | 450/3 | €6,861 | €6,845 | -€16 | -0.2% |
| Remuneration and social security | 454/9 | €6,096 | €6,335 | +€239 | +3.9% |
| Other amounts payable | 47/48 | €4,354 | €16 | -€4,338 | -99.6% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating income | 76A | €0 | €1,214 | +€1,214 | |
| Remuneration, social security and pensions | 62 | €46,498 | €48,729 | +€2,231 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,657 | €49,037 | -€4,620 | -8.6% |
| Other operating charges | 640/8 | €4,717 | €5,322 | +€605 | +12.8% |
| Non-recurring operating charges | 66A | €770 | €0 | -€770 | -100% |
| Gross operating margin | 9900 | €142,381 | €124,342 | -€18,039 | -12.7% |
| Operating profit (loss) | 9901 | €36,738 | €21,253 | -€15,485 | -42.1% |
| Financial income | 75/76B | €3,000 | €1,744 | -€1,256 | -41.9% |
| Recurring financial income | 75 | €3,000 | €1,744 | -€1,256 | -41.9% |
| Financial charges | 65/66B | €17,819 | €18,800 | +€982 | +5.5% |
| Recurring financial charges | 65 | €17,819 | €18,800 | +€982 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €21,920 | €4,198 | -€17,722 | -80.9% |
| Income taxes | 67/77 | €6,338 | €1,685 | -€4,653 | -73.4% |
| Profit (loss) for the period | 9904 | €15,582 | €2,512 | -€13,070 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,582 | €2,512 | -€13,070 | -83.9% |
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 15 October 2026 via checked.be.