EduSa: 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.
EduSa
Largest movements
- Receivables within one year -€1,194
down €1,194 (-1.8%), from €67,414 to €66,220
- Trade debts -€1,714
down €1,714 (-33.5%), from €5,123 to €3,408
- Other operating charges -€772
down €772 (-100.0%), from €772 to €0
- Gross operating margin -€314
down €314 (-14.2%), from -€2,208 to -€2,522
- Financial income -€193
down €193 (-5.9%), from €3,282 to €3,089
- Financial charges +€36
up €36 (+183.6%), from €20 to €55
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 | €67,431 | €66,228 | -€1,203 | -1.8% |
| Current assets | 29/58 | €67,431 | €66,228 | -€1,203 | -1.8% |
| Amounts receivable within one year | 40/41 | €67,414 | €66,220 | -€1,194 | -1.8% |
| Other amounts receivable | 41 | €67,414 | €66,220 | -€1,194 | -1.8% |
| Cash at bank and in hand | 54/58 | €17 | €8 | -€9 | -53.6% |
| Total equity and liabilities | 10/49 | €67,431 | €66,228 | -€1,203 | -1.8% |
| Equity | 10/15 | €62,235 | €62,747 | +€511 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,835 | €50,347 | +€511 | +1.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €47,335 | €47,847 | +€511 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €5,196 | €3,481 | -€1,714 | -33.0% |
| Amounts payable within one year | 42/48 | €5,196 | €3,481 | -€1,714 | -33.0% |
| Financial debts | 43 | €73 | €73 | = | 0.0% |
| Credit institutions | 430/8 | €73 | €73 | = | 0.0% |
| Trade debts | 44 | €5,123 | €3,408 | -€1,714 | -33.5% |
| Suppliers | 440/4 | €5,123 | €3,408 | -€1,714 | -33.5% |
| Other operating charges | 640/8 | €772 | €0 | -€772 | -100.0% |
| Gross operating margin | 9900 | -€2,208 | -€2,522 | -€314 | -14.2% |
| Operating profit (loss) | 9901 | -€2,980 | -€2,522 | +€458 | +15.4% |
| Financial income | 75/76B | €3,282 | €3,089 | -€193 | -5.9% |
| Recurring financial income | 75 | €3,282 | €3,089 | -€193 | -5.9% |
| Financial charges | 65/66B | €20 | €55 | +€36 | +183.6% |
| Recurring financial charges | 65 | €20 | €55 | +€36 | +183.6% |
| Profit (loss) for the period before taxes | 9903 | €283 | €511 | +€229 | +80.9% |
| Profit (loss) for the period | 9904 | €283 | €511 | +€229 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €283 | €511 | +€229 | +80.9% |
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.