EFE VLOER: 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.
EFE VLOER
Largest movements
- Receivables within one year +€64,322
up €64,322 (+24.0%), from €267,633 to €331,955
of which Other amounts receivable: +€89,591
- Tangible fixed assets -€7,716
down €7,716 (-32.7%), from €23,599 to €15,884
of which Furniture and vehicles: -€7,216
- Deferred charges and accrued income +€6,404
up €6,404 (+250%), from €2,559 to €8,963
- Tax, wage and social debts +€22,205
up €22,205 (+7.8%), from €286,491 to €308,696
of which Remuneration and social security: +€13,787
- Accrued charges and deferred income +€18,430
new in 2025: €18,430
- Trade debts +€18,291
up €18,291 (+72.0%), from €25,421 to €43,712
- Profit (loss) carried forward +€4,910
up €4,910 (+20.6%), from -€23,870 to -€18,961
- Taxes -€284,984
down €284,984 (-98.0%), from €290,690 to €5,706
- Staff costs +€72,062
up €72,062 (+440%), from €16,383 to €88,445
- Gross operating margin -€56,377
down €56,377 (-35.5%), from €158,626 to €102,249
- Depreciation -€9,163
down €9,163 (-54.3%), from €16,879 to €7,716
- Financial income +€3,229
up €3,229 (+70.3%), from €4,589 to €7,818
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 | €309,302 | €373,137 | +€63,835 | +20.6% |
| Fixed assets | 21/28 | €25,099 | €17,384 | -€7,716 | -30.7% |
| Tangible fixed assets | 22/27 | €23,599 | €15,884 | -€7,716 | -32.7% |
| Plant, machinery and equipment | 23 | €1,266 | €766 | -€500 | -39.5% |
| Furniture and vehicles | 24 | €22,333 | €15,117 | -€7,216 | -32.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €284,203 | €355,753 | +€71,551 | +25.2% |
| Amounts receivable within one year | 40/41 | €267,633 | €331,955 | +€64,322 | +24.0% |
| Trade receivables | 40 | €87,523 | €62,254 | -€25,269 | -28.9% |
| Other amounts receivable | 41 | €180,110 | €269,701 | +€89,591 | +49.7% |
| Cash at bank and in hand | 54/58 | €14,011 | €14,836 | +€825 | +5.9% |
| Deferred charges and accrued income | 490/1 | €2,559 | €8,963 | +€6,404 | +250% |
| Total equity and liabilities | 10/49 | €309,302 | €373,137 | +€63,835 | +20.6% |
| Equity | 10/15 | -€9,610 | -€4,701 | +€4,910 | +51.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,870 | -€18,961 | +€4,910 | +20.6% |
| Amounts payable | 17/49 | €318,912 | €377,837 | +€58,925 | +18.5% |
| Amounts payable within one year | 42/48 | €318,912 | €359,407 | +€40,495 | +12.7% |
| Trade debts | 44 | €25,421 | €43,712 | +€18,291 | +72.0% |
| Suppliers | 440/4 | €25,421 | €43,712 | +€18,291 | +72.0% |
| Taxes, remuneration and social security | 45 | €286,491 | €308,696 | +€22,205 | +7.8% |
| Taxes | 450/3 | €280,441 | €288,859 | +€8,418 | +3.0% |
| Remuneration and social security | 454/9 | €6,050 | €19,837 | +€13,787 | +228% |
| Other amounts payable | 47/48 | €7,000 | €7,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €18,430 | +€18,430 | |
| Non-recurring operating income | 76A | €17,533 | - | -€17,533 | |
| Remuneration, social security and pensions | 62 | €16,383 | €88,445 | +€72,062 | +440% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,879 | €7,716 | -€9,163 | -54.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €590 | - | -€590 | |
| Other operating charges | 640/8 | €2,680 | €3,175 | +€495 | +18.5% |
| Non-recurring operating charges | 66A | €150 | - | -€150 | |
| Gross operating margin | 9900 | €158,626 | €102,249 | -€56,377 | -35.5% |
| Operating profit (loss) | 9901 | €121,945 | €2,913 | -€119,031 | -97.6% |
| Financial income | 75/76B | €4,589 | €7,818 | +€3,229 | +70.3% |
| Recurring financial income | 75 | €4,589 | €7,818 | +€3,229 | +70.3% |
| Financial charges | 65/66B | €1,323 | €116 | -€1,207 | -91.2% |
| Recurring financial charges | 65 | €1,323 | €116 | -€1,207 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €125,211 | €10,616 | -€114,595 | -91.5% |
| Income taxes | 67/77 | €290,690 | €5,706 | -€284,984 | -98.0% |
| Profit (loss) for the period | 9904 | -€165,479 | €4,910 | +€170,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€165,479 | €4,910 | +€170,388 |
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 24 October 2026 via checked.be.