EDUWOOD: 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.
EDUWOOD
Largest movements
- Cash -€28,129
down €28,129 (-46.9%), from €59,941 to €31,812
mainly Investment in fixed assets (net) (-€55,995) and Contributions, distributions and other (-€30,252)
- Tangible fixed assets +€23,033
up €23,033 (+12.4%), from €186,209 to €209,242
of which Furniture and vehicles: +€38,479
- Current investments -€16,632
down €16,632 (-7.6%), from €219,618 to €202,986
- Receivables within one year +€13,598
up €13,598 (+49.3%), from €27,606 to €41,204
of which Trade receivables: +€11,706
- Other debts -€29,419
down €29,419 (-49.2%), from €59,765 to €30,346
- Reserves +€18,010
up €18,010 (+8.3%), from €215,824 to €233,834
- Tax, wage and social debts -€7,757
down €7,757 (-57.3%), from €13,539 to €5,782
- Debts after one year +€7,002
up €7,002 (+5.0%), from €140,470 to €147,472
- Current portion of long-term debt +€5,665
up €5,665 (+16.3%), from €34,808 to €40,473
- Gross operating margin -€3,868
down €3,868 (-3.6%), from €107,346 to €103,478
- Taxes -€2,675
down €2,675 (-12.2%), from €21,865 to €19,190
- Financial income -€1,840
down €1,840 (-31.8%), from €5,784 to €3,944
of which Non-recurring financial income: -€3,620
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 | €497,520 | €490,491 | -€7,029 | -1.4% |
| Fixed assets | 21/28 | €186,209 | €209,242 | +€23,033 | +12.4% |
| Tangible fixed assets | 22/27 | €186,209 | €209,242 | +€23,033 | +12.4% |
| Plant, machinery and equipment | 23 | €22,547 | €18,097 | -€4,450 | -19.7% |
| Furniture and vehicles | 24 | €53,067 | €91,546 | +€38,479 | +72.5% |
| Leasing and similar rights | 25 | €110,595 | €99,599 | -€10,996 | -9.9% |
| Current assets | 29/58 | €311,311 | €281,249 | -€30,062 | -9.7% |
| Amounts receivable within one year | 40/41 | €27,606 | €41,204 | +€13,598 | +49.3% |
| Trade receivables | 40 | €27,606 | €39,312 | +€11,706 | +42.4% |
| Other amounts receivable | 41 | - | €1,892 | +€1,892 | |
| Current investments | 50/53 | €219,618 | €202,986 | -€16,632 | -7.6% |
| Cash at bank and in hand | 54/58 | €59,941 | €31,812 | -€28,129 | -46.9% |
| Deferred charges and accrued income | 490/1 | €4,146 | €5,247 | +€1,101 | +26.6% |
| Total equity and liabilities | 10/49 | €497,520 | €490,491 | -€7,029 | -1.4% |
| Equity | 10/15 | €228,224 | €246,234 | +€18,010 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €215,824 | €233,834 | +€18,010 | +8.3% |
| Distributable reserves | 133 | €215,824 | €233,834 | +€18,010 | +8.3% |
| Amounts payable | 17/49 | €269,296 | €244,257 | -€25,039 | -9.3% |
| Amounts payable after more than one year | 17 | €140,470 | €147,472 | +€7,002 | +5.0% |
| Financial debts | 170/4 | €140,470 | €147,472 | +€7,002 | +5.0% |
| Amounts payable within one year | 42/48 | €128,826 | €96,785 | -€32,041 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €34,808 | €40,473 | +€5,665 | +16.3% |
| Financial debts | 43 | €20,000 | €20,000 | = | 0.0% |
| Credit institutions | 430/8 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €714 | €184 | -€530 | -74.2% |
| Suppliers | 440/4 | €714 | €184 | -€530 | -74.2% |
| Taxes, remuneration and social security | 45 | €13,539 | €5,782 | -€7,757 | -57.3% |
| Taxes | 450/3 | €13,539 | €5,782 | -€7,757 | -57.3% |
| Other amounts payable | 47/48 | €59,765 | €30,346 | -€29,419 | -49.2% |
| Non-recurring operating income | 76A | - | €5,880 | +€5,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,283 | €32,962 | +€679 | +2.1% |
| Other operating charges | 640/8 | €1,815 | €1,668 | -€147 | -8.1% |
| Gross operating margin | 9900 | €107,346 | €103,478 | -€3,868 | -3.6% |
| Operating profit (loss) | 9901 | €73,248 | €68,848 | -€4,400 | -6.0% |
| Financial income | 75/76B | €5,784 | €3,944 | -€1,840 | -31.8% |
| Recurring financial income | 75 | €2,164 | €3,944 | +€1,780 | +82.3% |
| Non-recurring financial income | 76B | €3,620 | - | -€3,620 | |
| Financial charges | 65/66B | €5,826 | €5,340 | -€486 | -8.3% |
| Recurring financial charges | 65 | €5,826 | €5,142 | -€684 | -11.7% |
| Non-recurring financial charges | 66B | €5,826 | €198 | -€5,628 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €73,206 | €67,452 | -€5,754 | -7.9% |
| Income taxes | 67/77 | €21,865 | €19,190 | -€2,675 | -12.2% |
| Profit (loss) for the period | 9904 | €51,341 | €48,262 | -€3,079 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,341 | €48,262 | -€3,079 | -6.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.