EFACTIVE: what changed
What changed
EFACTIVE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€5,348
2024 · €8,053-€13,401
Equity
€127,423
2024 · €132,771-€5,348
Cash
€32,326
2024 · €40,434-€8,108
Balance sheet total
€241,073
2024 · €270,697-€29,624
Largest movements
Assets
- Tangible fixed assets -€32,672
down €32,672 (-17.5%), from €187,174 to €154,502
of which Furniture and vehicles: -€22,342
- Cash -€8,108
down €8,108 (-20.1%), from €40,434 to €32,326
mainly Debts after one year (-€25,486) and Deferred charges and accrued income (-€7,568)
- Deferred charges and accrued income +€7,568
up €7,568 (+174%), from €4,340 to €11,907
- Current investments +€6,262
up €6,262 (+19.4%), from €32,231 to €38,493
Equity and liabilities
- Debts after one year -€25,486
down €25,486 (-23.8%), from €107,095 to €81,609
- Reserves -€5,348
down €5,348 (-4.7%), from €114,221 to €108,873
Income statement
- Gross operating margin -€22,376
down €22,376 (-39.8%), from €56,198 to €33,822
- Taxes -€3,939
down €3,939 (-93.6%), from €4,208 to €269
- Depreciation -€3,746
down €3,746 (-9.8%), from €38,064 to €34,318
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.
Result 2024
€8,053
Gross operating margin
-€22,376
Depreciation
+€3,746
Other operating charges
+€221
Other operating items
+€298
Financial income
+€233
Financial charges
+€537
Taxes
+€3,939
Result 2025
-€5,348
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€24,980
Investment
-€7,908
Financing
-€25,181
Cash 2024
€40,434
From operations (derived)
+€24,980
Net result for the year
-€5,348
Depreciation
+€34,318
Receivables within one year
+€2,673
Deferred charges and accrued income
-€7,568
Trade debts
+€545
Tax, wage and social debts
+€162
Other debts
-€103
Accrued charges and deferred income
+€300
Investment (derived)
-€7,908
Investment in fixed assets (net)
-€1,645
Current investments
-€6,262
Financing
-€25,181
Debts after one year
-€25,486
Current portion of long-term debt
+€305
Cash 2025
€32,326
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,697 | €241,073 | -€29,624 | -10.9% |
| Fixed assets | 21/28 | €187,174 | €154,502 | -€32,672 | -17.5% |
| Tangible fixed assets | 22/27 | €187,174 | €154,502 | -€32,672 | -17.5% |
| Land and buildings | 22 | €129,409 | €119,409 | -€9,999 | -7.7% |
| Furniture and vehicles | 24 | €55,597 | €33,255 | -€22,342 | -40.2% |
| Other tangible fixed assets | 26 | €2,169 | €1,838 | -€331 | -15.3% |
| Current assets | 29/58 | €83,523 | €86,571 | +€3,048 | +3.6% |
| Amounts receivable within one year | 40/41 | €6,518 | €3,845 | -€2,673 | -41.0% |
| Trade receivables | 40 | €2,231 | €0 | -€2,231 | -100% |
| Other amounts receivable | 41 | €4,287 | €3,845 | -€442 | -10.3% |
| Current investments | 50/53 | €32,231 | €38,493 | +€6,262 | +19.4% |
| Cash at bank and in hand | 54/58 | €40,434 | €32,326 | -€8,108 | -20.1% |
| Deferred charges and accrued income | 490/1 | €4,340 | €11,907 | +€7,568 | +174% |
| Total equity and liabilities | 10/49 | €270,697 | €241,073 | -€29,624 | -10.9% |
| Equity | 10/15 | €132,771 | €127,423 | -€5,348 | -4.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €114,221 | €108,873 | -€5,348 | -4.7% |
| Distributable reserves | 133 | €114,221 | €108,873 | -€5,348 | -4.7% |
| Amounts payable | 17/49 | €137,927 | €113,651 | -€24,276 | -17.6% |
| Amounts payable after more than one year | 17 | €107,095 | €81,609 | -€25,486 | -23.8% |
| Financial debts | 170/4 | €107,095 | €81,609 | -€25,486 | -23.8% |
| Amounts payable within one year | 42/48 | €30,832 | €31,742 | +€910 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €25,181 | €25,486 | +€305 | +1.2% |
| Trade debts | 44 | €4,546 | €5,091 | +€545 | +12.0% |
| Suppliers | 440/4 | €4,546 | €5,091 | +€545 | +12.0% |
| Taxes, remuneration and social security | 45 | €606 | €768 | +€162 | +26.8% |
| Taxes | 450/3 | €606 | €768 | +€162 | +26.8% |
| Other amounts payable | 47/48 | €499 | €397 | -€103 | -20.6% |
| Accrued charges and deferred income | 492/3 | €0 | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,064 | €34,318 | -€3,746 | -9.8% |
| Other operating charges | 640/8 | €2,451 | €2,229 | -€221 | -9.0% |
| Non-recurring operating charges | 66A | €298 | €0 | -€298 | -100% |
| Gross operating margin | 9900 | €56,198 | €33,822 | -€22,376 | -39.8% |
| Operating profit (loss) | 9901 | €15,385 | -€2,726 | -€18,110 | |
| Financial income | 75/76B | €142 | €375 | +€233 | +164% |
| Recurring financial income | 75 | €142 | €375 | +€233 | +164% |
| Financial charges | 65/66B | €3,266 | €2,729 | -€537 | -16.4% |
| Recurring financial charges | 65 | €3,266 | €2,729 | -€537 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €12,261 | -€5,079 | -€17,340 | |
| Income taxes | 67/77 | €4,208 | €269 | -€3,939 | -93.6% |
| Profit (loss) for the period | 9904 | €8,053 | -€5,348 | -€13,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,053 | -€5,348 | -€13,401 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.