EDUFLOW: 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.
EDUFLOW
Largest movements
- Receivables within one year +€11,685
up €11,685 (+46.9%), from €24,899 to €36,584
of which Trade receivables: +€11,685
- Deferred charges and accrued income -€1,901
down €1,901 (-66.6%), from €2,853 to €952
- Tangible fixed assets -€1,456
down €1,456 (-30.5%), from €4,782 to €3,326
of which Plant, machinery and equipment: -€1,309
- Tax, wage and social debts +€13,908
up €13,908 (+425.6%), from €3,268 to €17,175
of which Taxes: +€15,824
- Reserves -€12,503
down €12,503 (-100.0%), from €12,503 to €0
- Accrued charges and deferred income +€7,245
new in 2025: €7,245
- Trade debts -€1,168
down €1,168 (-63.2%), from €1,847 to €679
- Other debts +€1,081
up €1,081 (+2.2%), from €49,899 to €50,980
- Gross operating margin +€24,190
up €24,190 (+122.7%), from €19,720 to €43,910
- Taxes +€8,840
up €8,840 (+165.6%), from €5,339 to €14,179
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 | €86,118 | €94,679 | +€8,562 | +9.9% |
| Fixed assets | 21/28 | €5,282 | €3,826 | -€1,456 | -27.6% |
| Tangible fixed assets | 22/27 | €4,782 | €3,326 | -€1,456 | -30.5% |
| Plant, machinery and equipment | 23 | €4,336 | €3,027 | -€1,309 | -30.2% |
| Furniture and vehicles | 24 | €446 | €299 | -€147 | -33.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €80,836 | €90,854 | +€10,018 | +12.4% |
| Amounts receivable within one year | 40/41 | €24,899 | €36,584 | +€11,685 | +46.9% |
| Trade receivables | 40 | €23,770 | €35,455 | +€11,685 | +49.2% |
| Other amounts receivable | 41 | €1,130 | €1,130 | = | 0.0% |
| Current investments | 50/53 | €28,000 | €28,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,083 | €25,318 | +€234 | +0.9% |
| Deferred charges and accrued income | 490/1 | €2,853 | €952 | -€1,901 | -66.6% |
| Total equity and liabilities | 10/49 | €86,118 | €94,679 | +€8,562 | +9.9% |
| Equity | 10/15 | €31,103 | €18,600 | -€12,503 | -40.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,503 | €0 | -€12,503 | -100.0% |
| Distributable reserves | 133 | €12,503 | €0 | -€12,503 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,014 | €76,079 | +€21,065 | +38.3% |
| Amounts payable within one year | 42/48 | €55,014 | €68,834 | +€13,820 | +25.1% |
| Trade debts | 44 | €1,847 | €679 | -€1,168 | -63.2% |
| Suppliers | 440/4 | €1,847 | €679 | -€1,168 | -63.2% |
| Taxes, remuneration and social security | 45 | €3,268 | €17,175 | +€13,908 | +425.6% |
| Taxes | 450/3 | €1,351 | €17,175 | +€15,824 | +1170.9% |
| Remuneration and social security | 454/9 | €1,916 | €0 | -€1,916 | -100.0% |
| Other amounts payable | 47/48 | €49,899 | €50,980 | +€1,081 | +2.2% |
| Accrued charges and deferred income | 492/3 | - | €7,245 | +€7,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,589 | €1,456 | -€133 | -8.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €19,720 | €43,910 | +€24,190 | +122.7% |
| Operating profit (loss) | 9901 | €18,013 | €42,333 | +€24,321 | +135.0% |
| Financial income | 75/76B | €11 | €0 | -€11 | -98.9% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -98.9% |
| Financial charges | 65/66B | €182 | €102 | -€80 | -44.2% |
| Recurring financial charges | 65 | €182 | €102 | -€80 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €17,842 | €42,232 | +€24,390 | +136.7% |
| Income taxes | 67/77 | €5,339 | €14,179 | +€8,840 | +165.6% |
| Profit (loss) for the period | 9904 | €12,503 | €28,053 | +€15,550 | +124.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,503 | €28,053 | +€15,550 | +124.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.