EFL CONSTRUCT
Annual accounts 2025
micro format, filed on 12-08-2026, 12 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €500,000. Estimated: probably between €380,000 and €700,000.
Balance sheet
balance sheet total €713,592 on 31-12-2025in euro
in euro
Position in the sector
33.0%
Higher than 35% of 35,156 companies in 2025.
1.32
Higher than 34% of 34,529 companies in 2025.
6.8%
Higher than 49% of 34,730 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Staff
€55,433
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 4 people joined and 4 left. Training hours in 2025: 72.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
713,592 | 555,606 | 541,990 | 311,799 | 226,842 | |
20 |
78 | 333 | 587 | 842 | 1,097 | |
21/28 |
554,640 | 384,943 | 404,560 | 151,046 | 58,195 | |
21 |
- | - | - | 370 | 740 | |
22/27 |
550,926 | 381,229 | 400,845 | 146,962 | 57,411 | |
22 |
527,955 | 357,526 | 364,271 | 83,260 | - | |
23 |
17,828 | 15,490 | 18,026 | 15,484 | 9,701 | |
24 |
1,258 | 7,755 | 17,738 | 26,557 | 47,710 | |
26 |
3,885 | 459 | 811 | - | - | |
27 |
- | - | - | 21,661 | - | |
28 |
3,714 | 3,714 | 3,714 | 3,714 | 44 | |
29/58 |
158,874 | 170,330 | 136,843 | 159,910 | 167,550 | |
3 |
32,460 | 27,830 | 24,776 | 33,279 | 33,279 | |
30/36 |
32,460 | 27,830 | 24,776 | 33,279 | 33,279 | |
40/41 |
14,403 | 9,460 | 45,222 | 43,573 | 44,758 | |
40 |
9,478 | 754 | 40,222 | 34,543 | 40,888 | |
41 |
4,925 | 8,705 | 5,000 | 9,030 | 3,870 | |
54/58 |
92,190 | 128,640 | 61,611 | 73,545 | 89,513 | |
490/1 |
19,821 | 4,401 | 5,235 | 9,513 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
713,592 | 555,606 | 541,990 | 311,799 | 226,842 | |
10/15 |
235,251 | 187,697 | 145,189 | 104,992 | 48,114 | |
10/11 |
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
14 |
215,263 | 166,945 | 138,189 | 97,992 | 41,114 | |
15 |
12,988 | 13,752 | - | - | - | |
17/49 |
478,342 | 367,909 | 396,802 | 206,807 | 178,728 | |
17 |
358,240 | 250,605 | 269,061 | 62,426 | 19,312 | |
170/4 |
358,240 | 250,605 | 269,061 | 62,426 | 19,312 | |
42/48 |
120,102 | 117,304 | 127,741 | 144,370 | 159,141 | |
42 |
23,672 | 21,853 | 20,529 | 15,329 | 11,845 | |
44 |
23,228 | 7,504 | 11,392 | 4,063 | 17,289 | |
440/4 |
23,228 | 7,504 | 11,392 | 4,063 | 17,289 | |
46 |
69,171 | 77,782 | 87,176 | 112,160 | 99,769 | |
45 |
3,882 | 10,155 | 8,596 | 7,939 | 14,148 | |
450/3 |
3,882 | 10,155 | 3,273 | 7,939 | 6,000 | |
454/9 |
- | - | 5,323 | - | 8,148 | |
47/48 |
149 | 11 | 47 | 4,879 | 16,090 | |
492/3 |
- | - | - | 11 | 275 | |
| Income statement | ||||||
76A |
- | - | 2,756 | 343 | - | |
9900 |
151,948 | 258,505 | 228,778 | 284,689 | 148,611 | |
62 |
55,433 | 153,010 | 138,299 | 168,663 | 73,000 | |
630 |
24,412 | 31,250 | 34,386 | 25,732 | 21,775 | |
640/8 |
3,773 | 4,149 | 1,527 | 3,972 | 351 | |
66A |
- | - | - | 9,843 | - | |
9901 |
68,330 | 70,096 | 54,565 | 76,479 | 53,484 | |
75/76B |
9,602 | 5,946 | 1,846 | 4,055 | 1,360 | |
75 |
5,008 | 5,946 | 1,846 | 4,055 | 1,360 | |
76B |
4,594 | - | - | - | - | |
65/66B |
19,572 | 12,372 | 11,584 | 5,330 | 1,234 | |
65 |
19,572 | 12,372 | 11,584 | 5,330 | 1,234 | |
9903 |
58,360 | 63,670 | 44,827 | 75,205 | 53,610 | |
67/77 |
10,042 | 16,064 | 4,631 | 18,327 | 12,496 | |
9904 |
48,318 | 47,606 | 40,197 | 56,878 | 41,114 | |
9905 |
48,318 | 47,606 | 40,197 | 56,878 | 41,114 | |
| Appropriation of the result | ||||||
9906 |
215,263 | 185,795 | 138,189 | 97,992 | 41,114 | |
14P |
166,945 | 138,189 | 97,992 | 41,114 | - | |
694/7 |
- | 18,850 | - | - | - | |
694 |
- | 18,850 | - | - | - | |
| Social balance sheet | ||||||
9087 |
1 | 2 | 2.5 | 3.3 | 2.4 | |
Hours worked1013 |
1,295 | 3,709 | 3,817 | 5,452 | 2,320 | |
| Document | ||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 12 days after the deadline. Filed on 12 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393994.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-08-2026 | 2026-00393994 | |
| 31-12-2024 | micro format | 07-08-2025 | 2025-00365990 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00374114 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00340183 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20321410 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 92,742 | 101,346 | 88,952 | 102,211 | 75,259 | ||
| 72,730 | 78,856 | 74,583 | 82,609 | 62,889 | ||
| 194,691 | 11,379 | 287,900 | 118,328 | 79,794 | ||
| -36,450 | 67,029 | -11,934 | -15,968 | - | ||
| 38,772 | 53,026 | 9,102 | 15,540 | 8,410 | ||
| 33.0% | 33.8% | 26.8% | 33.7% | 21.2% | ||
| 1.32 | 1.45 | 1.07 | 1.11 | 1.05 | ||
| 1.05 | 1.21 | 0.88 | 0.88 | 0.84 | ||
| 2.03 | 1.96 | 2.73 | 1.97 | 3.71 | ||
| 20.5% | 25.4% | 27.7% | 54.2% | 85.5% | ||
| 6.8% | 8.6% | 7.4% | 18.2% | 18.1% | ||
| 4.74 | 8.19 | 7.68 | 19.18 | 60.97 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 3 | 2 | 3 |
| full-time | 1 | 2 | 3 | 2 | 3 |
| in full-time equivalents | 1 | 2 | 3 | 2 | 3 |
| 1 | 2 | 2.5 | 3.3 | 2.4 | |
| On a permanent contract | 1 | 2 | 3 | 2 | 3 |
| Joined | 4 | 3 | 6 | 6 | 4 |
| Left | 4 | 5 | 5 | 7 | 1 |
| Training hours | 72 | 8 | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €194,691 | €11,379 | €287,900 | €114,658 | €78,640 |
| Intangible fixed assets | - | - | - | - | €1,110 |
| Financial fixed assets | - | - | - | €3,670 | €44 |
| €24,412 | €31,250 | €34,386 | €25,732 | €21,775 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EFL CONSTRUCT
The operating result for 2025 is 3% lower than in 2024.
Debt's share of the balance-sheet total rises from 66.2% to 67.0%. Equity and debt are higher.