EUN PARTNERSHIP: 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.
What changed
EUN PARTNERSHIP
NACE 85.699, Other educational support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€966,583
2024 · €910,532+€56,051
Equity
€7.5m
2024 · €6.5m+€966,583
Cash
€10.5m
2024 · €10.8m-€270,388
Balance sheet total
€17.4m
2024 · €16.8m+€617,933
Largest movements
Assets
- Receivables within one year +€890,427
up €890,427 (+15.2%), from €5.8m to €6.7m
of which Trade receivables: +€1.4m
- Cash -€270,388
down €270,388 (-2.5%), from €10.8m to €10.5m
mainly Receivables within one year (-€890,427) and Accrued charges and deferred income (-€522,099)
Equity and liabilities
- Profit (loss) carried forward +€966,583
up €966,583 (+14.9%), from €6.5m to €7.5m
- Accrued charges and deferred income -€522,099
down €522,099 (-16.7%), from €3.1m to €2.6m
Income statement
- Services and other goods -€745,513
down €745,513 (-12.8%), from €5.8m to €5.1m
- Turnover -€429,773
down €429,773 (-3.6%), from €11.9m to €11.4m
- Staff costs +€261,167
up €261,167 (+4.2%), from €6.3m to €6.5m
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.
Result 2024
€910,532
Turnover
-€429,773
Other operating income
-€20
Services and other goods
+€745,513
Staff costs
-€261,167
Depreciation
+€5,797
Other operating charges
-€21,822
Other operating items
+€68,137
Financial income
-€58,871
Financial charges
-€6,993
Taxes
+€15,250
Result 2025
€966,583
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€262,603
Investment
-€7,785
Financing
€0
Cash 2024
€10.8m
From operations (derived)
-€262,603
Net result for the year
+€966,583
Depreciation
+€38,448
Receivables within one year
-€890,427
Deferred charges and accrued income
-€28,557
Debts within one year
+€173,449
Accrued charges and deferred income
-€522,099
Investment (derived)
-€7,785
Investment in fixed assets (net)
-€7,785
Cash 2025
€10.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,807,365 | €17,425,298 | +€617,933 | +3.7% |
| Fixed assets | 21/28 | €105,527 | €74,864 | -€30,663 | -29.1% |
| Tangible fixed assets | 22/27 | €105,527 | €74,864 | -€30,663 | -29.1% |
| Plant, machinery and equipment | 23 | €26,980 | €21,087 | -€5,893 | -21.8% |
| Furniture and vehicles | 24 | €78,547 | €53,777 | -€24,770 | -31.5% |
| Current assets | 29/58 | €16,701,838 | €17,350,434 | +€648,596 | +3.9% |
| Amounts receivable within one year | 40/41 | €5,849,078 | €6,739,505 | +€890,427 | +15.2% |
| Trade receivables | 40 | €5,275,614 | €6,721,429 | +€1.4m | +27.4% |
| Other amounts receivable | 41 | €573,464 | €18,076 | -€555,388 | -96.8% |
| Cash at bank and in hand | 54/58 | €10,789,746 | €10,519,358 | -€270,388 | -2.5% |
| Deferred charges and accrued income | 490/1 | €63,014 | €91,571 | +€28,557 | +45.3% |
| Total equity and liabilities | 10/49 | €16,807,365 | €17,425,298 | +€617,933 | +3.7% |
| Equity | 10/15 | €6,499,068 | €7,465,651 | +€966,583 | +14.9% |
| Profit (loss) carried forward | 14 | €6,499,068 | €7,465,651 | +€966,583 | +14.9% |
| Provisions and deferred taxes | 16 | €3,873,326 | €3,873,326 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,873,326 | €3,873,326 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,873,326 | €3,873,326 | = | 0.0% |
| Amounts payable | 17/49 | €6,434,971 | €6,086,321 | -€348,650 | -5.4% |
| Amounts payable within one year | 42/48 | €3,314,532 | €3,487,981 | +€173,449 | +5.2% |
| Trade debts | 44 | €1,417,334 | €1,471,409 | +€54,075 | +3.8% |
| Suppliers | 440/4 | €1,417,334 | €1,471,409 | +€54,075 | +3.8% |
| Taxes, remuneration and social security | 45 | €1,286,204 | €1,338,385 | +€52,181 | +4.1% |
| Remuneration and social security | 454/9 | €1,286,204 | €1,338,385 | +€52,181 | +4.1% |
| Accrued charges and deferred income | 492/3 | €3,120,439 | €2,598,340 | -€522,099 | -16.7% |
| Operating income | 70/76A | €12,936,317 | €12,574,661 | -€361,656 | -2.8% |
| Turnover | 70 | €11,859,780 | €11,430,007 | -€429,773 | -3.6% |
| Membership fees, donations, legacies and grants | 73 | €1,066,562 | €1,134,699 | +€68,137 | +6.4% |
| Other operating income | 74 | €9,975 | €9,955 | -€20 | -0.2% |
| Operating charges | 60/66A | €12,220,839 | €11,752,518 | -€468,321 | -3.8% |
| Services and other goods | 61 | €5,836,618 | €5,091,105 | -€745,513 | -12.8% |
| Remuneration, social security and pensions | 62 | €6,268,209 | €6,529,376 | +€261,167 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,245 | €38,448 | -€5,797 | -13.1% |
| Other operating charges | 640/8 | €71,767 | €93,589 | +€21,822 | +30.4% |
| Operating profit (loss) | 9901 | €715,478 | €822,143 | +€106,665 | +14.9% |
| Financial income | 75/76B | €268,886 | €210,015 | -€58,871 | -21.9% |
| Recurring financial income | 75 | €210,764 | €160,015 | -€50,749 | -24.1% |
| Other financial income | 752/9 | €210,764 | €160,015 | -€50,749 | -24.1% |
| Non-recurring financial income | 76B | €58,122 | €50,000 | -€8,122 | -14.0% |
| Financial charges | 65/66B | €10,603 | €17,596 | +€6,993 | +66.0% |
| Recurring financial charges | 65 | €10,603 | €17,596 | +€6,993 | +66.0% |
| Other financial charges | 652/9 | €10,603 | €17,596 | +€6,993 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €973,761 | €1,014,562 | +€40,801 | +4.2% |
| Income taxes | 67/77 | €63,229 | €47,979 | -€15,250 | -24.1% |
| Taxes | 670/3 | €63,229 | €47,979 | -€15,250 | -24.1% |
| Profit (loss) for the period | 9904 | €910,532 | €966,583 | +€56,051 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €910,532 | €966,583 | +€56,051 | +6.2% |
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.