EFFICIENS INSURANCE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
EFFICIENS INSURANCE
Largest movements
- Cash +€80,682
up €80,682 (+152%), from €53,035 to €133,717
mainly Net result for the year (+€121,229) and Other debts (+€60,338)
- Receivables within one year +€31,972
up €31,972 (+219%), from €14,629 to €46,601
of which Trade receivables: +€29,412
- Tangible fixed assets -€13,594
down €13,594 (-34.3%), from €39,575 to €25,981
- Other debts +€60,338
up €60,338 (+66.2%), from €91,100 to €151,438
- Tax, wage and social debts +€41,836
up €41,836 (+417%), from €10,024 to €51,860
of which Taxes: +€40,634
- Profit (loss) carried forward -€3,115
no longer reported in 2025 (was €3,115)
- Staff costs +€26,439
up €26,439 (+47.8%), from €55,352 to €81,791
- Gross operating margin -€12,230
down €12,230 (-4.4%), from €278,438 to €266,208
- Taxes -€8,017
down €8,017 (-15.2%), from €52,710 to €44,693
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,238 | €206,298 | +€99,060 | +92.4% |
| Fixed assets | 21/28 | €39,575 | €25,981 | -€13,594 | -34.3% |
| Tangible fixed assets | 22/27 | €39,575 | €25,981 | -€13,594 | -34.3% |
| Furniture and vehicles | 24 | €39,575 | €25,981 | -€13,594 | -34.3% |
| Current assets | 29/58 | €67,664 | €180,317 | +€112,653 | +166% |
| Amounts receivable within one year | 40/41 | €14,629 | €46,601 | +€31,972 | +219% |
| Trade receivables | 40 | €14,629 | €44,041 | +€29,412 | +201% |
| Other amounts receivable | 41 | - | €2,560 | +€2,560 | |
| Cash at bank and in hand | 54/58 | €53,035 | €133,717 | +€80,682 | +152% |
| Total equity and liabilities | 10/49 | €107,238 | €206,298 | +€99,060 | +92.4% |
| Equity | 10/15 | €6,115 | €3,000 | -€3,115 | -50.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,115 | - | -€3,115 | |
| Amounts payable | 17/49 | €101,124 | €203,298 | +€102,174 | +101% |
| Amounts payable within one year | 42/48 | €101,124 | €203,298 | +€102,174 | +101% |
| Taxes, remuneration and social security | 45 | €10,024 | €51,860 | +€41,836 | +417% |
| Taxes | 450/3 | €2,710 | €43,345 | +€40,634 | +1,499% |
| Remuneration and social security | 454/9 | €7,313 | €8,515 | +€1,202 | +16.4% |
| Other amounts payable | 47/48 | €91,100 | €151,438 | +€60,338 | +66.2% |
| Remuneration, social security and pensions | 62 | €55,352 | €81,791 | +€26,439 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,248 | €17,162 | +€913 | +5.6% |
| Other operating charges | 640/8 | €899 | €1,103 | +€205 | +22.8% |
| Gross operating margin | 9900 | €278,438 | €266,208 | -€12,230 | -4.4% |
| Operating profit (loss) | 9901 | €205,939 | €166,152 | -€39,787 | -19.3% |
| Financial charges | 65/66B | €239 | €229 | -€10 | -4.2% |
| Recurring financial charges | 65 | €239 | €229 | -€10 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €205,700 | €165,923 | -€39,777 | -19.3% |
| Income taxes | 67/77 | €52,710 | €44,693 | -€8,017 | -15.2% |
| Profit (loss) for the period | 9904 | €152,990 | €121,229 | -€31,760 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €152,990 | €121,229 | -€31,760 | -20.8% |
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.