EDULAN: 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.
EDULAN
Largest movements
- Receivables after one year -€125,207
down €125,207 (-100.0%), from €125,207 to €0
- Reserves -€128,371
down €128,371 (-12.3%), from €1.0m to €913,847
of which Distributable reserves: -€128,371
- Other operating charges +€127,059
up €127,059 (+60901.8%), from €209 to €127,268
- Financial charges +€26,604
up €26,604 (+93347.7%), from €29 to €26,633
- Gross operating margin +€2,108
up €2,108 (+9.0%), from €23,421 to €25,529
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 | €10,238,825 | €10,119,149 | -€119,677 | -1.2% |
| Fixed assets | 21/28 | €10,041,609 | €10,023,109 | -€18,500 | -0.2% |
| Financial fixed assets | 28 | €10,041,609 | €10,023,109 | -€18,500 | -0.2% |
| Current assets | 29/58 | €197,217 | €96,040 | -€101,177 | -51.3% |
| Amounts receivable after more than one year | 29 | €125,207 | €0 | -€125,207 | -100.0% |
| Other amounts receivable | 291 | €125,207 | €0 | -€125,207 | -100.0% |
| Amounts receivable within one year | 40/41 | €72,000 | €96,000 | +€24,000 | +33.3% |
| Trade receivables | 40 | €72,000 | €96,000 | +€24,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €10 | €40 | +€30 | +316.2% |
| Total equity and liabilities | 10/49 | €10,238,825 | €10,119,149 | -€119,677 | -1.2% |
| Equity | 10/15 | €3,631,032 | €3,502,661 | -€128,371 | -3.5% |
| Contributions | 10/11 | €2,588,814 | €2,588,814 | = | 0.0% |
| Capital | 10 | €2,588,814 | €2,588,814 | = | 0.0% |
| Issued capital | 100 | €2,588,814 | €2,588,814 | = | 0.0% |
| Reserves | 13 | €1,042,218 | €913,847 | -€128,371 | -12.3% |
| Non-distributable reserves | 130/1 | €258,881 | €258,881 | = | 0.0% |
| Legal reserve | 130 | €258,881 | €258,881 | = | 0.0% |
| Distributable reserves | 133 | €783,337 | €654,965 | -€128,371 | -16.4% |
| Amounts payable | 17/49 | €6,607,793 | €6,616,488 | +€8,695 | +0.1% |
| Amounts payable after more than one year | 17 | €6,605,016 | €6,615,270 | +€10,253 | +0.2% |
| Other amounts payable | 178/9 | €6,605,016 | €6,615,270 | +€10,253 | +0.2% |
| Amounts payable within one year | 42/48 | €2,777 | €1,218 | -€1,559 | -56.1% |
| Trade debts | 44 | €2,277 | €718 | -€1,559 | -68.5% |
| Suppliers | 440/4 | €2,277 | €718 | -€1,559 | -68.5% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €209 | €127,268 | +€127,059 | +60901.8% |
| Gross operating margin | 9900 | €23,421 | €25,529 | +€2,108 | +9.0% |
| Operating profit (loss) | 9901 | €23,212 | -€101,739 | -€124,951 | |
| Financial charges | 65/66B | €29 | €26,633 | +€26,604 | +93347.7% |
| Recurring financial charges | 65 | €29 | €26,633 | +€26,604 | +93347.7% |
| Profit (loss) for the period before taxes | 9903 | €23,184 | -€128,371 | -€151,555 | |
| Profit (loss) for the period | 9904 | €23,184 | -€128,371 | -€151,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,184 | -€128,371 | -€151,555 |
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 7 October 2026 via checked.be.