EFFICIENTECH: what changed
Two financial 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.
EFFICIENTECH
Largest movements
- Cash +€44,644
up €44,644 (+25.6%), from €174,286 to €218,930
mainly Receivables within one year (+€38,667) and Net result for the year (+€14,396)
- Receivables within one year -€38,667
down €38,667 (-50.1%), from €77,175 to €38,508
of which Trade receivables: -€55,135
- Tangible fixed assets -€8,240
down €8,240 (-24.5%), from €33,674 to €25,434
of which Furniture and vehicles: -€7,401
- Reserves +€14,396
up €14,396 (+7.3%), from €197,877 to €212,273
- Trade debts -€11,513
down €11,513 (-56.3%), from €20,453 to €8,940
- Other debts +€11,322
up €11,322 (+47.4%), from €23,886 to €35,208
- Tax, wage and social debts -€10,684
down €10,684 (-46.4%), from €23,029 to €12,345
- Debts after one year -€6,113
down €6,113 (-66.0%), from €9,259 to €3,146
- Gross operating margin -€87,315
down €87,315 (-74.2%), from €117,752 to €30,437
- Taxes -€25,606
down €25,606 (-79.7%), from €32,129 to €6,523
- Depreciation +€3,677
up €3,677 (+80.6%), from €4,563 to €8,240
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.
Derived cash bridge
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 | €286,587 | €284,224 | -€2,363 | -0.8% |
| Fixed assets | 21/28 | €33,674 | €25,434 | -€8,240 | -24.5% |
| Tangible fixed assets | 22/27 | €33,674 | €25,434 | -€8,240 | -24.5% |
| Plant, machinery and equipment | 23 | €2,074 | €1,234 | -€840 | -40.5% |
| Furniture and vehicles | 24 | €31,600 | €24,200 | -€7,401 | -23.4% |
| Current assets | 29/58 | €252,913 | €258,790 | +€5,878 | +2.3% |
| Amounts receivable within one year | 40/41 | €77,175 | €38,508 | -€38,667 | -50.1% |
| Trade receivables | 40 | €76,314 | €21,179 | -€55,135 | -72.2% |
| Other amounts receivable | 41 | €861 | €17,329 | +€16,468 | +1,913% |
| Cash at bank and in hand | 54/58 | €174,286 | €218,930 | +€44,644 | +25.6% |
| Deferred charges and accrued income | 490/1 | €1,452 | €1,353 | -€99 | -6.8% |
| Total equity and liabilities | 10/49 | €286,587 | €284,224 | -€2,363 | -0.8% |
| Equity | 10/15 | €204,077 | €218,473 | +€14,396 | +7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €197,877 | €212,273 | +€14,396 | +7.3% |
| Distributable reserves | 133 | €197,877 | €212,273 | +€14,396 | +7.3% |
| Amounts payable | 17/49 | €82,510 | €65,751 | -€16,758 | -20.3% |
| Amounts payable after more than one year | 17 | €9,259 | €3,146 | -€6,113 | -66.0% |
| Financial debts | 170/4 | €9,259 | €3,146 | -€6,113 | -66.0% |
| Amounts payable within one year | 42/48 | €73,251 | €62,605 | -€10,645 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €5,883 | €6,113 | +€231 | +3.9% |
| Trade debts | 44 | €20,453 | €8,940 | -€11,513 | -56.3% |
| Suppliers | 440/4 | €20,453 | €8,940 | -€11,513 | -56.3% |
| Taxes, remuneration and social security | 45 | €23,029 | €12,345 | -€10,684 | -46.4% |
| Taxes | 450/3 | €23,029 | €12,345 | -€10,684 | -46.4% |
| Other amounts payable | 47/48 | €23,886 | €35,208 | +€11,322 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,563 | €8,240 | +€3,677 | +80.6% |
| Other operating charges | 640/8 | €387 | €424 | +€37 | +9.5% |
| Gross operating margin | 9900 | €117,752 | €30,437 | -€87,315 | -74.2% |
| Operating profit (loss) | 9901 | €112,802 | €21,773 | -€91,029 | -80.7% |
| Financial charges | 65/66B | €544 | €854 | +€310 | +57.0% |
| Recurring financial charges | 65 | €544 | €854 | +€310 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €112,257 | €20,919 | -€91,339 | -81.4% |
| Income taxes | 67/77 | €32,129 | €6,523 | -€25,606 | -79.7% |
| Profit (loss) for the period | 9904 | €80,128 | €14,396 | -€65,733 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,128 | €14,396 | -€65,733 | -82.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.