EFFET DIRECT: what changed
Two fiscal 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.
EFFET DIRECT
Largest movements
- Cash +€53,675
up €53,675 (+178.1%), from €30,136 to €83,811
mainly Net result for the year (+€40,444) and Tax, wage and social debts (+€14,750)
- Tangible fixed assets -€1,059
down €1,059 (-21.0%), from €5,057 to €3,997
- Receivables within one year +€1,024
up €1,024 (+147.1%), from €696 to €1,721
of which Other amounts receivable: +€1,212
- Reserves +€40,000
up €40,000 (+266.7%), from €15,000 to €55,000
- Tax, wage and social debts +€14,750
up €14,750 (+99.0%), from €14,904 to €29,654
of which Taxes: +€11,444
- Gross operating margin +€34,791
up €34,791 (+167.2%), from €20,805 to €55,596
- Taxes +€8,294
up €8,294 (+167.5%), from €4,953 to €13,246
- Depreciation +€819
up €819 (+340.6%), from €240 to €1,059
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.
Cash bridge derived
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 | €35,890 | €90,233 | +€54,343 | +151.4% |
| Fixed assets | 21/28 | €5,057 | €3,997 | -€1,059 | -21.0% |
| Tangible fixed assets | 22/27 | €5,057 | €3,997 | -€1,059 | -21.0% |
| Furniture and vehicles | 24 | €5,057 | €3,997 | -€1,059 | -21.0% |
| Current assets | 29/58 | €30,833 | €86,235 | +€55,402 | +179.7% |
| Amounts receivable within one year | 40/41 | €696 | €1,721 | +€1,024 | +147.1% |
| Trade receivables | 40 | €187 | - | -€187 | |
| Other amounts receivable | 41 | €509 | €1,721 | +€1,212 | +238.1% |
| Cash at bank and in hand | 54/58 | €30,136 | €83,811 | +€53,675 | +178.1% |
| Deferred charges and accrued income | 490/1 | - | €703 | +€703 | |
| Total equity and liabilities | 10/49 | €35,890 | €90,233 | +€54,343 | +151.4% |
| Equity | 10/15 | €18,145 | €58,589 | +€40,444 | +222.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €55,000 | +€40,000 | +266.7% |
| Distributable reserves | 133 | €15,000 | €55,000 | +€40,000 | +266.7% |
| Profit (loss) carried forward | 14 | €145 | €589 | +€444 | +306.4% |
| Amounts payable | 17/49 | €17,745 | €31,644 | +€13,899 | +78.3% |
| Amounts payable within one year | 42/48 | €17,551 | €31,444 | +€13,893 | +79.2% |
| Trade debts | 44 | €1,148 | €291 | -€857 | -74.7% |
| Suppliers | 440/4 | €1,148 | €291 | -€857 | -74.7% |
| Taxes, remuneration and social security | 45 | €14,904 | €29,654 | +€14,750 | +99.0% |
| Taxes | 450/3 | €14,904 | €26,348 | +€11,444 | +76.8% |
| Remuneration and social security | 454/9 | - | €3,306 | +€3,306 | |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €1,059 | +€819 | +340.6% |
| Other operating charges | 640/8 | €468 | €457 | -€10 | -2.2% |
| Gross operating margin | 9900 | €20,805 | €55,596 | +€34,791 | +167.2% |
| Operating profit (loss) | 9901 | €20,097 | €54,079 | +€33,982 | +169.1% |
| Financial income | 75/76B | €1 | €85 | +€84 | +9231.9% |
| Recurring financial income | 75 | €1 | €85 | +€84 | +9231.9% |
| Financial charges | 65/66B | €1 | €474 | +€473 | +77555.7% |
| Recurring financial charges | 65 | €1 | €474 | +€473 | +77555.7% |
| Profit (loss) for the period before taxes | 9903 | €20,097 | €53,690 | +€33,593 | +167.1% |
| Income taxes | 67/77 | €4,953 | €13,246 | +€8,294 | +167.5% |
| Profit (loss) for the period | 9904 | €15,145 | €40,444 | +€25,299 | +167.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,145 | €40,444 | +€25,299 | +167.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.