EFFICEO: 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.
EFFICEO
Largest movements
- Receivables within one year +€10,291
new in 2025: €10,291
of which Trade receivables: +€7,291
- Cash +€6,318
new in 2025: €6,318
mainly Net result for the year (+€12,425) and Tax, wage and social debts (+€2,465)
- Profit (loss) carried forward +€12,425
up €12,425 (+77.3%), from -€16,076 to -€3,650
- Tax, wage and social debts +€2,465
up €2,465 (+232.3%), from €1,061 to €3,527
- Other debts +€1,814
up €1,814 (+18.1%), from €10,012 to €11,826
- Gross operating margin +€21,676
up €21,676, from -€8,133 to €13,543
- Other operating charges -€166
down €166 (-14.0%), from €1,189 to €1,023
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 | €86 | €16,703 | +€16,617 | +19299.2% |
| Current assets | 29/58 | €86 | €16,703 | +€16,617 | +19299.2% |
| Amounts receivable within one year | 40/41 | - | €10,291 | +€10,291 | |
| Trade receivables | 40 | - | €7,291 | +€7,291 | |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | - | €6,318 | +€6,318 | |
| Deferred charges and accrued income | 490/1 | €86 | €94 | +€8 | +8.8% |
| Total equity and liabilities | 10/49 | €86 | €16,703 | +€16,617 | +19299.2% |
| Equity | 10/15 | -€11,076 | €1,350 | +€12,425 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,076 | -€3,650 | +€12,425 | +77.3% |
| Amounts payable | 17/49 | €11,162 | €15,353 | +€4,191 | +37.6% |
| Amounts payable within one year | 42/48 | €11,162 | €15,353 | +€4,191 | +37.6% |
| Financial debts | 43 | €24 | - | -€24 | |
| Credit institutions | 430/8 | €24 | - | -€24 | |
| Trade debts | 44 | €64 | - | -€64 | |
| Suppliers | 440/4 | €64 | - | -€64 | |
| Taxes, remuneration and social security | 45 | €1,061 | €3,527 | +€2,465 | +232.3% |
| Taxes | 450/3 | €1,061 | €3,527 | +€2,465 | +232.3% |
| Other amounts payable | 47/48 | €10,012 | €11,826 | +€1,814 | +18.1% |
| Other operating charges | 640/8 | €1,189 | €1,023 | -€166 | -14.0% |
| Gross operating margin | 9900 | -€8,133 | €13,543 | +€21,676 | |
| Operating profit (loss) | 9901 | -€9,323 | €12,520 | +€21,842 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €85 | €94 | +€9 | +10.6% |
| Recurring financial charges | 65 | €85 | €94 | +€9 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,400 | €12,425 | +€21,826 | |
| Income taxes | 67/77 | €106 | - | -€106 | |
| Profit (loss) for the period | 9904 | -€9,507 | €12,425 | +€21,932 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,507 | €12,425 | +€21,932 |
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 7 October 2026 via checked.be.