Eureka Network: what changed
What changed
Eureka Network
NACE 85.699, Other educational support services
filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €1.1m+€1.0m
Equity
€6.3m
2024 · €4.2m+€2.1m
Cash
€667,407
2024 · €1.2m-€495,885
Balance sheet total
€24.0m
2024 · €10.8m+€13.2m
Largest movements
Assets
- Current investments +€13.7m
up €13.7m (+342%), from €4.0m to €17.7m
- Cash -€495,885
down €495,885 (-42.6%), from €1.2m to €667,407
mainly Current investments (-€13.7m) and Investment in fixed assets (net) (-€570,474)
Equity and liabilities
- Debts within one year +€11.6m
up €11.6m (+506%), from €2.3m to €13.9m
- Reserves +€2.4m
new in 2025: €2.4m
- Accrued charges and deferred income -€515,834
down €515,834 (-12.2%), from €4.2m to €3.7m
- Profit (loss) carried forward -€325,816
down €325,816 (-8.6%), from €3.8m to €3.4m
Income statement
- Gross operating margin +€1.2m
up €1.2m (+21.5%), from €5.4m to €6.5m
- Staff costs +€269,976
up €269,976 (+7.3%), from €3.7m to €4.0m
- Financial income +€91,993
up €91,993 (+90.1%), from €102,155 to €194,147
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.1m
Gross operating margin
+€1.2m
Staff costs
-€269,976
Depreciation
+€21,963
Other operating charges
+€421
Other operating items
+€3,224
Financial income
+€91,993
Financial charges
+€4,232
Result 2025
€2.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13.7m
Investment
-€14.2m
Financing
€0
Cash 2024
€1.2m
From operations (derived)
+€13.7m
Net result for the year
+€2.1m
Depreciation
+€574,333
Smaller working-capital items
-€27,735
Provisions
+€46,961
Debts within one year
+€11.6m
Accrued charges and deferred income
-€515,834
Investment (derived)
-€14.2m
Investment in fixed assets (net)
-€570,474
Current investments
-€13.7m
Cash 2025
€667,407
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,760,921 | €23,954,748 | +€13.2m | +123% |
| Fixed assets | 21/28 | €1,951,558 | €1,947,698 | -€3,860 | -0.2% |
| Intangible fixed assets | 21 | €1,875,923 | €1,863,708 | -€12,214 | -0.7% |
| Tangible fixed assets | 22/27 | €75,635 | €83,990 | +€8,355 | +11.0% |
| Furniture and vehicles | 24 | €75,635 | €83,990 | +€8,355 | +11.0% |
| Current assets | 29/58 | €8,809,363 | €22,007,049 | +€13.2m | +150% |
| Amounts receivable within one year | 40/41 | €3,438,097 | €3,443,173 | +€5,076 | +0.1% |
| Trade receivables | 40 | €3,436,242 | €3,179,582 | -€256,659 | -7.5% |
| Other amounts receivable | 41 | €1,855 | €263,591 | +€261,736 | +14,108% |
| Current investments | 50/53 | €4,000,000 | €17,665,837 | +€13.7m | +342% |
| Cash at bank and in hand | 54/58 | €1,163,292 | €667,407 | -€495,885 | -42.6% |
| Deferred charges and accrued income | 490/1 | €207,974 | €230,632 | +€22,658 | +10.9% |
| Total equity and liabilities | 10/49 | €10,760,921 | €23,954,748 | +€13.2m | +123% |
| Equity | 10/15 | €4,167,712 | €6,257,733 | +€2.1m | +50.1% |
| Contributions | 10/11 | €398,080 | €398,080 | = | 0.0% |
| Capital | 10 | €398,080 | €398,080 | = | 0.0% |
| Reserves | 13 | - | €2,415,837 | +€2.4m | |
| Profit (loss) carried forward | 14 | €3,769,632 | €3,443,816 | -€325,816 | -8.6% |
| Provisions and deferred taxes | 16 | €86,064 | €133,024 | +€46,961 | +54.6% |
| Provisions for liabilities and charges | 160/5 | €86,064 | €133,024 | +€46,961 | +54.6% |
| Pensions and similar obligations | 160 | €41,064 | €43,024 | +€1,961 | +4.8% |
| Major repairs and maintenance | 162 | €45,000 | €90,000 | +€45,000 | +100% |
| Amounts payable | 17/49 | €6,507,145 | €17,563,991 | +€11.1m | +170% |
| Amounts payable within one year | 42/48 | €2,288,910 | €13,861,589 | +€11.6m | +506% |
| Trade debts | 44 | €219,640 | €497,189 | +€277,549 | +126% |
| Suppliers | 440/4 | €219,640 | €497,189 | +€277,549 | +126% |
| Taxes, remuneration and social security | 45 | €755,154 | €780,812 | +€25,659 | +3.4% |
| Taxes | 450/3 | €238,284 | €218,366 | -€19,918 | -8.4% |
| Remuneration and social security | 454/9 | €516,870 | €562,446 | +€45,577 | +8.8% |
| Accrued charges and deferred income | 492/3 | €4,218,236 | €3,702,401 | -€515,834 | -12.2% |
| Remuneration, social security and pensions | 62 | €3,701,171 | €3,971,147 | +€269,976 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €596,296 | €574,333 | -€21,963 | -3.7% |
| Other operating charges | 640/8 | €1,345 | €924 | -€421 | -31.3% |
| Gross operating margin | 9900 | €5,369,338 | €6,524,464 | +€1.2m | +21.5% |
| Operating profit (loss) | 9901 | €1,020,341 | €1,931,099 | +€910,758 | +89.3% |
| Financial income | 75/76B | €102,155 | €194,147 | +€91,993 | +90.1% |
| Recurring financial income | 75 | €102,155 | €194,147 | +€91,993 | +90.1% |
| Financial charges | 65/66B | €39,457 | €35,225 | -€4,232 | -10.7% |
| Recurring financial charges | 65 | €39,457 | €35,225 | -€4,232 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,083,038 | €2,090,021 | +€1.0m | +93.0% |
| Profit (loss) for the period | 9904 | €1,083,038 | €2,090,021 | +€1.0m | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,083,038 | €2,090,021 | +€1.0m | +93.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.