EfficAX: 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.
EfficAX
Largest movements
- Cash +€10,504
up €10,504 (+41.1%), from €25,550 to €36,054
mainly Net result for the year (+€16,491) and Tax, wage and social debts (+€12,180)
- Tangible fixed assets -€9,907
down €9,907 (-28.3%), from €35,061 to €25,154
of which Furniture and vehicles: -€10,501
- Receivables within one year +€7,492
up €7,492 (+32.0%), from €23,441 to €30,933
of which Trade receivables: +€7,580
- Profit (loss) carried forward +€16,491
up €16,491 (+169.4%), from €9,734 to €26,224
- Tax, wage and social debts +€12,180
up €12,180 (+64.7%), from €18,836 to €31,016
- Other debts -€9,996
down €9,996 (-67.2%), from €14,880 to €4,884
- Debts after one year -€9,838
down €9,838 (-43.4%), from €22,683 to €12,845
- Accrued charges and deferred income -€1,376
down €1,376 (-57.3%), from €2,400 to €1,024
- Gross operating margin +€9,215
up €9,215 (+31.0%), from €29,767 to €38,982
- Other operating charges -€2,363
down €2,363 (-65.5%), from €3,605 to €1,242
- Taxes +€2,155
up €2,155 (+36.8%), from €5,852 to €8,007
- Depreciation +€2,125
up €2,125 (+22.9%), from €9,285 to €11,411
- Financial charges +€535
up €535 (+41.3%), from €1,296 to €1,831
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 | €84,051 | €92,141 | +€8,090 | +9.6% |
| Fixed assets | 21/28 | €35,061 | €25,154 | -€9,907 | -28.3% |
| Tangible fixed assets | 22/27 | €35,061 | €25,154 | -€9,907 | -28.3% |
| Plant, machinery and equipment | 23 | - | €594 | +€594 | |
| Furniture and vehicles | 24 | €35,061 | €24,560 | -€10,501 | -30.0% |
| Current assets | 29/58 | €48,990 | €66,986 | +€17,996 | +36.7% |
| Amounts receivable within one year | 40/41 | €23,441 | €30,933 | +€7,492 | +32.0% |
| Trade receivables | 40 | €23,353 | €30,933 | +€7,580 | +32.5% |
| Other amounts receivable | 41 | €88 | €0 | -€88 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,550 | €36,054 | +€10,504 | +41.1% |
| Total equity and liabilities | 10/49 | €84,051 | €92,141 | +€8,090 | +9.6% |
| Equity | 10/15 | €14,734 | €31,224 | +€16,491 | +111.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,734 | €26,224 | +€16,491 | +169.4% |
| Amounts payable | 17/49 | €69,317 | €60,916 | -€8,401 | -12.1% |
| Amounts payable after more than one year | 17 | €22,683 | €12,845 | -€9,838 | -43.4% |
| Financial debts | 170/4 | €22,683 | €12,845 | -€9,838 | -43.4% |
| Amounts payable within one year | 42/48 | €44,234 | €47,047 | +€2,813 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €9,464 | €9,838 | +€374 | +4.0% |
| Trade debts | 44 | €1,053 | €1,309 | +€256 | +24.3% |
| Suppliers | 440/4 | €1,053 | €1,309 | +€256 | +24.3% |
| Taxes, remuneration and social security | 45 | €18,836 | €31,016 | +€12,180 | +64.7% |
| Taxes | 450/3 | €18,836 | €31,016 | +€12,180 | +64.7% |
| Other amounts payable | 47/48 | €14,880 | €4,884 | -€9,996 | -67.2% |
| Accrued charges and deferred income | 492/3 | €2,400 | €1,024 | -€1,376 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,285 | €11,411 | +€2,125 | +22.9% |
| Other operating charges | 640/8 | €3,605 | €1,242 | -€2,363 | -65.5% |
| Gross operating margin | 9900 | €29,767 | €38,982 | +€9,215 | +31.0% |
| Operating profit (loss) | 9901 | €16,876 | €26,329 | +€9,453 | +56.0% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €1,296 | €1,831 | +€535 | +41.3% |
| Recurring financial charges | 65 | €1,296 | €1,831 | +€535 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €15,585 | €24,498 | +€8,912 | +57.2% |
| Income taxes | 67/77 | €5,852 | €8,007 | +€2,155 | +36.8% |
| Profit (loss) for the period | 9904 | €9,734 | €16,491 | +€6,757 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,734 | €16,491 | +€6,757 | +69.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.