Edupass: 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.
Edupass
Largest movements
- Tangible fixed assets -€11,676
down €11,676 (-5.0%), from €234,164 to €222,488
of which Land and buildings: -€8,081
- Cash +€10,420
up €10,420 (+7.7%), from €135,001 to €145,421
mainly Net result for the year (+€59,248) and Other debts (+€44,800)
- Deferred charges and accrued income +€7,371
up €7,371 (+378.2%), from €1,949 to €9,320
- Other debts +€44,800
up €44,800 (+248.9%), from €18,000 to €62,800
- Debts after one year -€29,509
down €29,509 (-22.3%), from €132,501 to €102,992
- Current portion of long-term debt -€9,631
down €9,631 (-24.6%), from €39,140 to €29,509
- Gross operating margin +€23,734
up €23,734 (+37.8%), from €62,862 to €86,597
- Taxes +€5,587
up €5,587 (+35.7%), from €15,646 to €21,233
- Financial income -€4,401
down €4,401 (-34.5%), from €12,748 to €8,347
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 | €403,739 | €407,881 | +€4,141 | +1.0% |
| Fixed assets | 21/28 | €248,998 | €237,322 | -€11,676 | -4.7% |
| Tangible fixed assets | 22/27 | €234,164 | €222,488 | -€11,676 | -5.0% |
| Land and buildings | 22 | €226,814 | €218,733 | -€8,081 | -3.6% |
| Plant, machinery and equipment | 23 | €4,788 | €2,296 | -€2,492 | -52.0% |
| Furniture and vehicles | 24 | €2,562 | €1,460 | -€1,103 | -43.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €14,834 | €14,834 | = | 0.0% |
| Current assets | 29/58 | €154,741 | €170,558 | +€15,817 | +10.2% |
| Amounts receivable within one year | 40/41 | €17,791 | €15,818 | -€1,974 | -11.1% |
| Trade receivables | 40 | €15,268 | €15,818 | +€550 | +3.6% |
| Other amounts receivable | 41 | €2,523 | - | -€2,523 | |
| Cash at bank and in hand | 54/58 | €135,001 | €145,421 | +€10,420 | +7.7% |
| Deferred charges and accrued income | 490/1 | €1,949 | €9,320 | +€7,371 | +378.2% |
| Total equity and liabilities | 10/49 | €403,739 | €407,881 | +€4,141 | +1.0% |
| Equity | 10/15 | €204,867 | €201,315 | -€3,552 | -1.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €159,655 | €155,855 | -€3,800 | -2.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €157,800 | €154,000 | -€3,800 | -2.4% |
| Profit (loss) carried forward | 14 | €32,712 | €32,960 | +€248 | +0.8% |
| Amounts payable | 17/49 | €198,872 | €206,566 | +€7,694 | +3.9% |
| Amounts payable after more than one year | 17 | €132,501 | €102,992 | -€29,509 | -22.3% |
| Financial debts | 170/4 | €132,501 | €102,992 | -€29,509 | -22.3% |
| Amounts payable within one year | 42/48 | €64,691 | €103,574 | +€38,883 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | €39,140 | €29,509 | -€9,631 | -24.6% |
| Trade debts | 44 | €372 | €939 | +€567 | +152.3% |
| Suppliers | 440/4 | €372 | €939 | +€567 | +152.3% |
| Taxes, remuneration and social security | 45 | €7,179 | €10,326 | +€3,147 | +43.8% |
| Taxes | 450/3 | €7,179 | €10,326 | +€3,147 | +43.8% |
| Other amounts payable | 47/48 | €18,000 | €62,800 | +€44,800 | +248.9% |
| Accrued charges and deferred income | 492/3 | €1,680 | - | -€1,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,410 | €11,676 | +€266 | +2.3% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €62,862 | €86,597 | +€23,734 | +37.8% |
| Operating profit (loss) | 9901 | €50,941 | €74,392 | +€23,451 | +46.0% |
| Financial income | 75/76B | €12,748 | €8,347 | -€4,401 | -34.5% |
| Recurring financial income | 75 | €12,748 | €8,347 | -€4,401 | -34.5% |
| Financial charges | 65/66B | €2,630 | €2,258 | -€372 | -14.1% |
| Recurring financial charges | 65 | €2,630 | €2,258 | -€372 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €61,059 | €80,481 | +€19,422 | +31.8% |
| Income taxes | 67/77 | €15,646 | €21,233 | +€5,587 | +35.7% |
| Profit (loss) for the period | 9904 | €45,413 | €59,248 | +€13,835 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,413 | €59,248 | +€13,835 | +30.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.