EDUNEOS: 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.
EDUNEOS
Largest movements
- Cash +€22,737
up €22,737 (+54.8%), from €41,473 to €64,210
mainly Receivables within one year (+€13,650) and Net result for the year (+€9,720)
- Receivables within one year -€13,650
down €13,650 (-46.2%), from €29,518 to €15,867
of which Trade receivables: -€12,530
- Reserves +€9,720
up €9,720 (+16.3%), from €59,564 to €69,284
- Tax, wage and social debts -€6,616
down €6,616 (-88.5%), from €7,478 to €862
of which Remuneration and social security: -€4,753
- Accrued charges and deferred income +€3,642
new in 2025: €3,642
- Trade debts +€2,277
up €2,277 (+243%), from €937 to €3,215
- Gross operating margin -€45,425
down €45,425 (-72.5%), from €62,688 to €17,262
- Taxes -€15,065
down €15,065 (-72.0%), from €20,927 to €5,862
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 | €73,698 | €82,571 | +€8,873 | +12.0% |
| Fixed assets | 21/28 | €1,951 | €2,116 | +€164 | +8.4% |
| Tangible fixed assets | 22/27 | €1,951 | €2,116 | +€164 | +8.4% |
| Furniture and vehicles | 24 | €1,951 | €2,116 | +€164 | +8.4% |
| Current assets | 29/58 | €71,746 | €80,455 | +€8,709 | +12.1% |
| Amounts receivable within one year | 40/41 | €29,518 | €15,867 | -€13,650 | -46.2% |
| Trade receivables | 40 | €28,000 | €15,470 | -€12,530 | -44.8% |
| Other amounts receivable | 41 | €1,518 | €397 | -€1,120 | -73.8% |
| Cash at bank and in hand | 54/58 | €41,473 | €64,210 | +€22,737 | +54.8% |
| Deferred charges and accrued income | 490/1 | €756 | €378 | -€378 | -50.0% |
| Total equity and liabilities | 10/49 | €73,698 | €82,571 | +€8,873 | +12.0% |
| Equity | 10/15 | €62,564 | €72,284 | +€9,720 | +15.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,564 | €69,284 | +€9,720 | +16.3% |
| Distributable reserves | 133 | €59,564 | €69,284 | +€9,720 | +16.3% |
| Amounts payable | 17/49 | €11,134 | €10,287 | -€847 | -7.6% |
| Amounts payable within one year | 42/48 | €11,134 | €6,645 | -€4,489 | -40.3% |
| Trade debts | 44 | €937 | €3,215 | +€2,277 | +243% |
| Suppliers | 440/4 | €937 | €3,215 | +€2,277 | +243% |
| Taxes, remuneration and social security | 45 | €7,478 | €862 | -€6,616 | -88.5% |
| Taxes | 450/3 | €2,724 | €862 | -€1,862 | -68.4% |
| Remuneration and social security | 454/9 | €4,753 | - | -€4,753 | |
| Other amounts payable | 47/48 | €2,719 | €2,568 | -€151 | -5.6% |
| Accrued charges and deferred income | 492/3 | - | €3,642 | +€3,642 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €959 | €1,025 | +€66 | +6.8% |
| Other operating charges | 640/8 | €708 | €571 | -€138 | -19.5% |
| Gross operating margin | 9900 | €62,688 | €17,262 | -€45,425 | -72.5% |
| Operating profit (loss) | 9901 | €61,020 | €15,667 | -€45,353 | -74.3% |
| Financial income | 75/76B | €40 | €1 | -€39 | -97.7% |
| Recurring financial income | 75 | €40 | €1 | -€39 | -97.7% |
| Financial charges | 65/66B | €89 | €85 | -€3 | -3.5% |
| Recurring financial charges | 65 | €89 | €85 | -€3 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €60,971 | €15,582 | -€45,389 | -74.4% |
| Income taxes | 67/77 | €20,927 | €5,862 | -€15,065 | -72.0% |
| Profit (loss) for the period | 9904 | €40,044 | €9,720 | -€30,324 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,044 | €9,720 | -€30,324 | -75.7% |
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 18 October 2026 via checked.be.