EFM CONSTRUCTION
Annual accounts 2025
micro format, filed on 15-07-2026, 16 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €130,000 and €420,000.
Balance sheet
balance sheet total €105,411 on 31-12-2025in euro
in euro
Position in the sector
-11.4%
Higher than 9% of 9,471 companies in 2025.
0.93
Higher than 19% of 9,219 companies in 2025.
-1.6%
Higher than 22% of 9,291 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
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 |
105,411 | 92,501 | 114,364 | 122,264 | 50,197 | |
21/28 |
0 | 47,953 | 49,363 | 51,153 | 794 | |
22/27 |
0 | 47,953 | 49,363 | 51,153 | 794 | |
22 |
0 | 47,748 | 48,798 | 49,848 | - | |
23 |
0 | 205 | 566 | 1,306 | 794 | |
24 |
0 | - | - | - | - | |
29/58 |
105,411 | 44,548 | 65,000 | 71,111 | 49,403 | |
40/41 |
105,410 | 42,223 | 53,289 | 62,028 | 40,479 | |
40 |
53,870 | 34,157 | 46,918 | 55,586 | 37,806 | |
41 |
51,540 | 8,067 | 6,370 | 6,442 | 2,672 | |
54/58 |
1 | 2,325 | 11,712 | 9,084 | 6,576 | |
490/1 |
- | - | - | - | 2,349 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
105,411 | 92,501 | 114,364 | 122,264 | 50,197 | |
10/15 |
-12,061 | -10,416 | 36,565 | 36,716 | 24,132 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
0 | 31,565 | 31,565 | 31,716 | 19,132 | |
133 |
0 | 31,565 | 31,565 | 31,716 | 19,132 | |
14 |
-17,061 | -46,981 | - | - | - | |
17/49 |
117,471 | 102,916 | 77,799 | 85,548 | 26,066 | |
17 |
0 | 38,551 | 52,251 | 55,000 | - | |
170/4 |
0 | 38,551 | 52,251 | 55,000 | - | |
42/48 |
113,091 | 64,365 | 23,196 | 29,540 | 25,638 | |
42 |
38,551 | 4,437 | - | - | - | |
44 |
58,011 | 46,482 | 1,416 | 8,403 | 11,438 | |
440/4 |
58,011 | 46,482 | 1,416 | 8,403 | 11,438 | |
46 |
- | - | - | - | 500 | |
45 |
15,271 | 11,680 | 10,721 | 12,524 | 6,812 | |
450/3 |
12,751 | 9,664 | 10,721 | 12,524 | 6,812 | |
454/9 |
2,520 | 2,016 | - | - | - | |
47/48 |
1,258 | 1,767 | 11,059 | 8,613 | 6,889 | |
492/3 |
4,380 | - | 2,352 | 1,008 | 427 | |
| Income statement | ||||||
76A |
7,252 | - | - | - | - | |
9900 |
33,101 | -27,599 | 8,751 | 27,239 | 26,565 | |
630 |
205 | 1,410 | 1,790 | 8,257 | 1,233 | |
631/4 |
- | 8,019 | - | - | - | |
640/8 |
12,302 | 4,932 | 175 | 171 | - | |
66A |
17,953 | - | - | - | - | |
9901 |
2,641 | -41,961 | 6,786 | 18,812 | 25,332 | |
75/76B |
1,003 | 71 | 0 | 1 | - | |
75 |
1,003 | 71 | 0 | 1 | - | |
65/66B |
5,259 | 4,946 | 4,986 | 1,176 | 50 | |
65 |
5,259 | 4,946 | 4,986 | 1,176 | 50 | |
9903 |
-1,616 | -46,836 | 1,800 | 17,637 | 25,282 | |
67/77 |
30 | 145 | 1,118 | 4,252 | 5,350 | |
9904 |
-1,645 | -46,981 | 682 | 13,385 | 19,932 | |
9905 |
-1,645 | -46,981 | 682 | 13,385 | 19,932 | |
| Appropriation of the result | ||||||
9906 |
-48,626 | -46,981 | 682 | 13,385 | 19,932 | |
14P |
-46,981 | 0 | - | - | - | |
791/2 |
31,565 | - | 151 | - | - | |
691/2 |
- | - | - | 12,585 | 19,132 | |
6921 |
- | - | - | 12,585 | 19,132 | |
694/7 |
- | - | 833 | 800 | 800 | |
694 |
- | - | 833 | 800 | 800 | |
| Document | ||||||
The notes to these accounts have 8 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 15-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00294681 | |
| 31-12-2024 | micro format | 16-03-2026 | 2026-00054517 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00479359 | |
| 31-12-2022 | micro format | 27-10-2023 | 2023-00493726 | |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20463661 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 2,846 | -40,550 | 8,576 | 27,069 | 26,565 | ||
| -1,440 | -45,570 | 2,472 | 21,641 | 21,165 | ||
| 0 | 0 | 0 | 58,616 | 2,027 | ||
| -2,324 | -9,387 | 2,628 | 2,508 | - | ||
| -7,681 | -19,817 | 41,805 | 41,571 | 23,765 | ||
| -11.4% | -11.3% | 32.0% | 30.0% | 48.1% | ||
| 0.93 | 0.69 | 2.80 | 2.41 | 1.93 | ||
| - | - | 2.13 | 2.33 | 1.08 | ||
| - | - | 1.9% | 36.5% | 82.6% | ||
| -1.6% | -50.8% | 0.6% | 10.9% | 39.7% | ||
| 0.54 | -8.20 | 1.72 | 23.03 | over 100 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €0 | - | - | €58,616 | €2,027 |
| €205 | €1,410 | €1,790 | €8,257 | €1,233 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EFM CONSTRUCTION
The operating result for 2025 is a profit of €2,641, after a loss of €41,961 in 2024.
Equity is negative. Debt (€117,471) exceeds the balance-sheet total (€105,411).