E&F Service: what changed
E&F Service
Largest movements
- Tangible fixed assets -€21,229
down €21,229 (-36.0%), from €58,950 to €37,720
of which Furniture and vehicles: -€16,484
- Cash -€6,096
down €6,096 (-26.8%), from €22,747 to €16,651
mainly Debts after one year (-€12,121) and Other debts (-€10,012)
- Receivables within one year +€5,583
up €5,583 (+42.9%), from €13,014 to €18,597
of which Other amounts receivable: +€3,080
- Debts after one year -€12,121
down €12,121 (-32.5%), from €37,314 to €25,193
- Other debts -€10,012
down €10,012 (-32.8%), from €30,562 to €20,551
- Profit (loss) carried forward -€2,136
down €2,136 (-22.2%), from €9,632 to €7,496
- Tax, wage and social debts +€2,076
up €2,076 (+62.9%), from €3,300 to €5,376
- Gross operating margin -€13,359
down €13,359 (-35.3%), from €37,898 to €24,538
- Taxes -€3,160
down €3,160 (-90.5%), from €3,491 to €331
- Depreciation +€1,540
up €1,540 (+6.7%), from €22,867 to €24,407
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,620 | €76,368 | -€21,252 | -21.8% |
| Fixed assets | 21/28 | €58,950 | €37,720 | -€21,229 | -36.0% |
| Tangible fixed assets | 22/27 | €58,950 | €37,720 | -€21,229 | -36.0% |
| Plant, machinery and equipment | 23 | €11,606 | €8,410 | -€3,196 | -27.5% |
| Furniture and vehicles | 24 | €42,215 | €25,731 | -€16,484 | -39.0% |
| Other tangible fixed assets | 26 | €5,128 | €3,579 | -€1,549 | -30.2% |
| Current assets | 29/58 | €38,670 | €38,647 | -€23 | -0.1% |
| Stocks and contracts in progress | 3 | €10 | - | -€10 | |
| Stocks | 30/36 | €10 | - | -€10 | |
| Amounts receivable within one year | 40/41 | €13,014 | €18,597 | +€5,583 | +42.9% |
| Trade receivables | 40 | €7,794 | €10,297 | +€2,504 | +32.1% |
| Other amounts receivable | 41 | €5,220 | €8,300 | +€3,080 | +59.0% |
| Cash at bank and in hand | 54/58 | €22,747 | €16,651 | -€6,096 | -26.8% |
| Deferred charges and accrued income | 490/1 | €2,899 | €3,399 | +€500 | +17.3% |
| Total equity and liabilities | 10/49 | €97,620 | €76,368 | -€21,252 | -21.8% |
| Equity | 10/15 | €12,632 | €10,496 | -€2,136 | -16.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,632 | €7,496 | -€2,136 | -22.2% |
| Amounts payable | 17/49 | €84,988 | €65,871 | -€19,116 | -22.5% |
| Amounts payable after more than one year | 17 | €37,314 | €25,193 | -€12,121 | -32.5% |
| Financial debts | 170/4 | €37,314 | €25,193 | -€12,121 | -32.5% |
| Amounts payable within one year | 42/48 | €47,073 | €39,694 | -€7,379 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €11,816 | €12,121 | +€305 | +2.6% |
| Trade debts | 44 | €1,395 | €1,646 | +€252 | +18.0% |
| Suppliers | 440/4 | €1,395 | €1,646 | +€252 | +18.0% |
| Taxes, remuneration and social security | 45 | €3,300 | €5,376 | +€2,076 | +62.9% |
| Taxes | 450/3 | €3,300 | €5,376 | +€2,076 | +62.9% |
| Other amounts payable | 47/48 | €30,562 | €20,551 | -€10,012 | -32.8% |
| Accrued charges and deferred income | 492/3 | €601 | €985 | +€384 | +63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,867 | €24,407 | +€1,540 | +6.7% |
| Other operating charges | 640/8 | €568 | €874 | +€306 | +53.8% |
| Gross operating margin | 9900 | €37,898 | €24,538 | -€13,359 | -35.3% |
| Operating profit (loss) | 9901 | €14,462 | -€744 | -€15,206 | |
| Financial income | 75/76B | €1 | €1 | +€1 | +78.9% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +78.9% |
| Financial charges | 65/66B | €1,339 | €1,063 | -€276 | -20.6% |
| Recurring financial charges | 65 | €1,339 | €1,063 | -€276 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €13,124 | -€1,805 | -€14,929 | |
| Income taxes | 67/77 | €3,491 | €331 | -€3,160 | -90.5% |
| Profit (loss) for the period | 9904 | €9,632 | -€2,136 | -€11,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,632 | -€2,136 | -€11,769 |
Next steps
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 8 November 2026 via checked.be.