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Statement of Income and Expenditure 
  2025 2025 2024 
 €000 €000 €000 
  Actual Budget Actual 
Income    
GÉANT project 39,760 41,405 37,790 
International projects 9,975 4,138 5,200 
Membership fees 5,225 4,763 2,305 
Other income 2,658 2,632 3,565 
Interest received 541 636 984 
    
 58,159 53,574 49,844 
    
Project expenditure 31,858 29,017 26,020 
    
Gross operating result 26,301 24,557 23,824 
    
Other expenditure    
Personnel costs 17,989 18,771 16,432 
Development and innovation cost 274 300 314 
Other administrative costs 6,055 6,011 5,705 
Depreciation 309 450 354 
Financial expenses 142 35 23 
Total other expenditure 24,769 25,567 22,828 
    
Result from income and expenditure 1,532 (1,010) 996 
    
Taxation (receivable)/chargeable 23 19 205 
    
Result 1,509 (1,029) 791 

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