EfficienSi: 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.
EfficienSi
Largest movements
- Receivables within one year +€7,997
up €7,997 (+69.6%), from €11,495 to €19,492
of which Trade receivables: +€7,039
- Cash -€7,576
down €7,576 (-27.0%), from €28,070 to €20,494
mainly Tax, wage and social debts (-€10,725) and Receivables within one year (-€7,997)
- Deferred charges and accrued income -€1,865
down €1,865 (-60.7%), from €3,073 to €1,208
- Tangible fixed assets -€866
down €866 (-43.4%), from €1,998 to €1,131
of which Plant, machinery and equipment: -€435
- Tax, wage and social debts -€10,725
down €10,725 (-44.4%), from €24,180 to €13,455
- Trade debts +€6,859
up €6,859 (+423.8%), from €1,619 to €8,477
- Reserves +€828
up €828 (+5.6%), from €14,890 to €15,718
- Other debts +€727
up €727 (+18.4%), from €3,947 to €4,674
- Gross operating margin -€631
down €631 (-6.1%), from €10,335 to €9,704
- Financial charges -€530
down €530 (-17.5%), from €3,033 to €2,503
- Taxes -€483
down €483 (-10.7%), from €4,526 to €4,042
- Other operating charges +€336
up €336 (+114.1%), from €295 to €631
- Depreciation +€265
up €265 (+44.1%), from €601 to €866
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 | €44,636 | €42,325 | -€2,311 | -5.2% |
| Fixed assets | 21/28 | €1,998 | €1,131 | -€866 | -43.4% |
| Tangible fixed assets | 22/27 | €1,998 | €1,131 | -€866 | -43.4% |
| Plant, machinery and equipment | 23 | €887 | €452 | -€435 | -49.0% |
| Furniture and vehicles | 24 | €1,111 | €679 | -€432 | -38.9% |
| Current assets | 29/58 | €42,638 | €41,194 | -€1,445 | -3.4% |
| Amounts receivable within one year | 40/41 | €11,495 | €19,492 | +€7,997 | +69.6% |
| Trade receivables | 40 | €11,495 | €18,534 | +€7,039 | +61.2% |
| Other amounts receivable | 41 | - | €958 | +€958 | |
| Cash at bank and in hand | 54/58 | €28,070 | €20,494 | -€7,576 | -27.0% |
| Deferred charges and accrued income | 490/1 | €3,073 | €1,208 | -€1,865 | -60.7% |
| Total equity and liabilities | 10/49 | €44,636 | €42,325 | -€2,311 | -5.2% |
| Equity | 10/15 | €14,890 | €15,718 | +€828 | +5.6% |
| Reserves | 13 | €14,890 | €15,718 | +€828 | +5.6% |
| Distributable reserves | 133 | €14,890 | €15,718 | +€828 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,746 | €26,607 | -€3,139 | -10.6% |
| Amounts payable within one year | 42/48 | €29,746 | €26,607 | -€3,139 | -10.6% |
| Trade debts | 44 | €1,619 | €8,477 | +€6,859 | +423.8% |
| Suppliers | 440/4 | €1,619 | €8,477 | +€6,859 | +423.8% |
| Taxes, remuneration and social security | 45 | €24,180 | €13,455 | -€10,725 | -44.4% |
| Taxes | 450/3 | €24,180 | €13,455 | -€10,725 | -44.4% |
| Other amounts payable | 47/48 | €3,947 | €4,674 | +€727 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €866 | +€265 | +44.1% |
| Other operating charges | 640/8 | €295 | €631 | +€336 | +114.1% |
| Gross operating margin | 9900 | €10,335 | €9,704 | -€631 | -6.1% |
| Operating profit (loss) | 9901 | €9,439 | €8,207 | -€1,232 | -13.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,033 | €2,503 | -€530 | -17.5% |
| Recurring financial charges | 65 | €3,033 | €2,503 | -€530 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €6,406 | €5,704 | -€702 | -11.0% |
| Income taxes | 67/77 | €4,526 | €4,042 | -€483 | -10.7% |
| Profit (loss) for the period | 9904 | €1,880 | €1,661 | -€219 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,880 | €1,661 | -€219 | -11.6% |
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 9 October 2026 via checked.be.