Effectium: what changed
What changed
Effectium
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€25,965
2024 · €81,477-€107,442
Equity
€74,719
2024 · €100,684-€25,965
Cash
€15,532
2024 · €38,468-€22,936
Balance sheet total
€106,949
2024 · €131,792-€24,843
Largest movements
Assets
- Cash -€22,936
down €22,936 (-59.6%), from €38,468 to €15,532
mainly Net result for the year (-€25,965) and Receivables within one year (-€1,087)
- Tangible fixed assets -€3,041
down €3,041 (-23.5%), from €12,928 to €9,887
Equity and liabilities
- Reserves -€25,965
down €25,965 (-26.9%), from €96,684 to €70,719
Income statement
- Gross operating margin -€132,657
down €132,657, from €127,083 to -€5,574
- Taxes -€27,591
down €27,591 (-100%), from €27,591 to €0
- Staff costs +€1,670
up €1,670 (+11.7%), from €14,307 to €15,977
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
€81,477
Gross operating margin
-€132,657
Staff costs
-€1,670
Depreciation
-€764
Other operating charges
+€8
Financial income
-€1
Financial charges
+€50
Taxes
+€27,591
Result 2025
-€25,965
raises the resultlowers the result
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
-€22,936
Investment
€0
Financing
€0
Cash 2024
€38,468
From operations (derived)
-€22,936
Net result for the year
-€25,965
Depreciation
+€3,041
Receivables within one year
-€1,087
Deferred charges and accrued income
-€47
Trade debts
+€859
Tax, wage and social debts
-€599
Other debts
-€269
Accrued charges and deferred income
+€1,132
Cash 2025
€15,532
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,792 | €106,949 | -€24,843 | -18.9% |
| Fixed assets | 21/28 | €12,928 | €9,887 | -€3,041 | -23.5% |
| Tangible fixed assets | 22/27 | €12,928 | €9,887 | -€3,041 | -23.5% |
| Furniture and vehicles | 24 | €12,928 | €9,887 | -€3,041 | -23.5% |
| Current assets | 29/58 | €118,864 | €97,062 | -€21,802 | -18.3% |
| Amounts receivable within one year | 40/41 | €227 | €1,314 | +€1,087 | +478% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €227 | €1,314 | +€1,087 | +478% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,468 | €15,532 | -€22,936 | -59.6% |
| Deferred charges and accrued income | 490/1 | €169 | €216 | +€47 | +27.9% |
| Total equity and liabilities | 10/49 | €131,792 | €106,949 | -€24,843 | -18.9% |
| Equity | 10/15 | €100,684 | €74,719 | -€25,965 | -25.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €96,684 | €70,719 | -€25,965 | -26.9% |
| Distributable reserves | 133 | €96,684 | €70,719 | -€25,965 | -26.9% |
| Amounts payable | 17/49 | €31,108 | €32,230 | +€1,122 | +3.6% |
| Amounts payable within one year | 42/48 | €30,688 | €30,678 | -€9 | 0.0% |
| Trade debts | 44 | €615 | €1,474 | +€859 | +140% |
| Suppliers | 440/4 | €615 | €1,474 | +€859 | +140% |
| Taxes, remuneration and social security | 45 | €29,804 | €29,204 | -€599 | -2.0% |
| Taxes | 450/3 | €28,680 | €27,734 | -€947 | -3.3% |
| Remuneration and social security | 454/9 | €1,124 | €1,471 | +€347 | +30.9% |
| Other amounts payable | 47/48 | €269 | €0 | -€269 | -100% |
| Accrued charges and deferred income | 492/3 | €420 | €1,552 | +€1,132 | +269% |
| Remuneration, social security and pensions | 62 | €14,307 | €15,977 | +€1,670 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,276 | €3,041 | +€764 | +33.6% |
| Other operating charges | 640/8 | €191 | €183 | -€8 | -4.2% |
| Gross operating margin | 9900 | €127,083 | -€5,574 | -€132,657 | |
| Operating profit (loss) | 9901 | €110,309 | -€24,774 | -€135,083 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,241 | €1,191 | -€50 | -4.1% |
| Recurring financial charges | 65 | €1,241 | €1,191 | -€50 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €109,068 | -€25,965 | -€135,033 | |
| Income taxes | 67/77 | €27,591 | €0 | -€27,591 | -100% |
| Profit (loss) for the period | 9904 | €81,477 | -€25,965 | -€107,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,477 | -€25,965 | -€107,442 |
Next steps
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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 1 November 2026 via checked.be.