EFABIS: what changed
EFABIS
Largest movements
- Tangible fixed assets -€22,114
down €22,114 (-5.4%), from €413,164 to €391,050
of which Land and buildings: -€20,614
- Receivables within one year +€18,108
up €18,108 (+158,428%), from €11 to €18,120
- Profit (loss) carried forward +€11,587
up €11,587 (+17.7%), from €65,519 to €77,107
- Other debts -€8,965
down €8,965 (-4.9%), from €184,678 to €175,713
- Reserves -€5,363
down €5,363 (-5.4%), from €99,538 to €94,175
of which Tax-exempt reserves: -€5,363
- Gross operating margin +€9,119
up €9,119 (+47.3%), from €19,284 to €28,403
- Other operating charges -€1,048
down €1,048 (-39.5%), from €2,654 to €1,606
- Depreciation +€458
up €458 (+2.1%), from €21,655 to €22,114
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 | €413,492 | €409,174 | -€4,318 | -1.0% |
| Fixed assets | 21/28 | €413,164 | €391,050 | -€22,114 | -5.4% |
| Tangible fixed assets | 22/27 | €413,164 | €391,050 | -€22,114 | -5.4% |
| Land and buildings | 22 | €411,125 | €390,511 | -€20,614 | -5.0% |
| Other tangible fixed assets | 26 | €2,039 | €539 | -€1,499 | -73.6% |
| Current assets | 29/58 | €328 | €18,123 | +€17,795 | +5,424% |
| Amounts receivable within one year | 40/41 | €11 | €18,120 | +€18,108 | +158,428% |
| Other amounts receivable | 41 | €11 | €18,120 | +€18,108 | +158,428% |
| Cash at bank and in hand | 54/58 | €317 | €4 | -€313 | -98.9% |
| Total equity and liabilities | 10/49 | €413,492 | €409,174 | -€4,318 | -1.0% |
| Equity | 10/15 | €195,057 | €201,281 | +€6,224 | +3.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €99,538 | €94,175 | -€5,363 | -5.4% |
| Tax-exempt reserves | 132 | €96,538 | €91,175 | -€5,363 | -5.6% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,519 | €77,107 | +€11,587 | +17.7% |
| Provisions and deferred taxes | 16 | €32,189 | €30,401 | -€1,788 | -5.6% |
| Deferred taxes | 168 | €32,189 | €30,401 | -€1,788 | -5.6% |
| Amounts payable | 17/49 | €186,246 | €177,492 | -€8,754 | -4.7% |
| Amounts payable within one year | 42/48 | €186,233 | €177,491 | -€8,741 | -4.7% |
| Trade debts | 44 | €1,554 | €1,778 | +€224 | +14.4% |
| Suppliers | 440/4 | €1,554 | €1,778 | +€224 | +14.4% |
| Other amounts payable | 47/48 | €184,678 | €175,713 | -€8,965 | -4.9% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,655 | €22,114 | +€458 | +2.1% |
| Other operating charges | 640/8 | €2,654 | €1,606 | -€1,048 | -39.5% |
| Gross operating margin | 9900 | €19,284 | €28,403 | +€9,119 | +47.3% |
| Operating profit (loss) | 9901 | -€5,025 | €4,683 | +€9,708 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €188 | €248 | +€60 | +31.9% |
| Recurring financial charges | 65 | €188 | €248 | +€60 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,213 | €4,436 | +€9,649 | |
| Transfer from deferred taxes | 780 | €1,788 | €1,788 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€3,425 | €6,224 | +€9,649 | |
| Transfer from tax-exempt reserves | 789 | €5,363 | €5,363 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,939 | €11,587 | +€9,649 | +498% |
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 6 November 2026 via checked.be.