EB Efficiency: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EB Efficiency
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€45,318
down €45,318 (-94.6%), from €47,898 to €2,581
of which Trade receivables: -€25,380
- Cash +€22,189
up €22,189 (+139%), from €15,911 to €38,100
mainly Current investments (+€50,000) and Receivables within one year (+€45,318)
- Tangible fixed assets -€8,422
down €8,422 (-84.9%), from €9,915 to €1,493
of which Furniture and vehicles: -€8,300
- Other debts -€59,748
down €59,748 (-59.7%), from €100,000 to €40,252
- Profit (loss) carried forward -€11,176
down €11,176 (-100%), from €11,176 to €0
- Tax, wage and social debts -€9,355
down €9,355 (-97.3%), from €9,617 to €262
- Current portion of long-term debt -€1,735
down €1,735 (-100%), from €1,735 to €0
- Gross operating margin -€90,525
down €90,525 (-84.5%), from €107,190 to €16,665
- Taxes -€17,531
down €17,531 (-81.7%), from €21,463 to €3,933
- Financial income -€1,336
down €1,336 (-59.0%), from €2,267 to €930
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,902 | €45,259 | -€81,643 | -64.3% |
| Fixed assets | 21/28 | €9,915 | €1,493 | -€8,422 | -84.9% |
| Tangible fixed assets | 22/27 | €9,915 | €1,493 | -€8,422 | -84.9% |
| Plant, machinery and equipment | 23 | €122 | €0 | -€122 | -100% |
| Furniture and vehicles | 24 | €9,793 | €1,493 | -€8,300 | -84.8% |
| Current assets | 29/58 | €116,987 | €43,766 | -€73,221 | -62.6% |
| Amounts receivable within one year | 40/41 | €47,898 | €2,581 | -€45,318 | -94.6% |
| Trade receivables | 40 | €25,380 | €0 | -€25,380 | -100% |
| Other amounts receivable | 41 | €22,518 | €2,581 | -€19,938 | -88.5% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €15,911 | €38,100 | +€22,189 | +139% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,086 | -€92 | -2.9% |
| Total equity and liabilities | 10/49 | €126,902 | €45,259 | -€81,643 | -64.3% |
| Equity | 10/15 | €14,176 | €3,000 | -€11,176 | -78.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,176 | €0 | -€11,176 | -100% |
| Amounts payable | 17/49 | €112,727 | €42,259 | -€70,468 | -62.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,727 | €42,259 | -€70,468 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €1,735 | €0 | -€1,735 | -100% |
| Trade debts | 44 | €1,374 | €1,745 | +€371 | +27.0% |
| Suppliers | 440/4 | €1,374 | €1,745 | +€371 | +27.0% |
| Taxes, remuneration and social security | 45 | €9,617 | €262 | -€9,355 | -97.3% |
| Taxes | 450/3 | €9,617 | €262 | -€9,355 | -97.3% |
| Other amounts payable | 47/48 | €100,000 | €40,252 | -€59,748 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,785 | €8,422 | -€363 | -4.1% |
| Other operating charges | 640/8 | €842 | €880 | +€38 | +4.5% |
| Gross operating margin | 9900 | €107,190 | €16,665 | -€90,525 | -84.5% |
| Operating profit (loss) | 9901 | €97,564 | €7,363 | -€90,201 | -92.5% |
| Financial income | 75/76B | €2,267 | €930 | -€1,336 | -59.0% |
| Recurring financial income | 75 | €2,267 | €930 | -€1,336 | -59.0% |
| Financial charges | 65/66B | €140 | €140 | +€0 | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €99,690 | €8,153 | -€91,537 | -91.8% |
| Income taxes | 67/77 | €21,463 | €3,933 | -€17,531 | -81.7% |
| Profit (loss) for the period | 9904 | €78,227 | €4,221 | -€74,006 | -94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,227 | €4,221 | -€74,006 | -94.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.