EFFICIENTIS: 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.
EFFICIENTIS
Largest movements
- Deferred charges and accrued income +€15,145
up €15,145 (+11329.8%), from €134 to €15,278
- Tangible fixed assets -€4,784
down €4,784 (-71.2%), from €6,717 to €1,933
of which Furniture and vehicles: -€4,784
- Cash -€3,771
down €3,771 (-39.8%), from €9,476 to €5,705
mainly Deferred charges and accrued income (-€15,145) and Tax, wage and social debts (-€8,533)
- Receivables within one year +€3,763
up €3,763 (+123.2%), from €3,054 to €6,817
of which Other amounts receivable: +€2,351
- Profit (loss) carried forward +€16,230
up €16,230 (+25.6%), from -€63,433 to -€47,203
- Tax, wage and social debts -€8,533
down €8,533 (-64.1%), from €13,303 to €4,770
- Other debts +€7,494
up €7,494 (+14.5%), from €51,733 to €59,227
- Trade debts -€2,914
down €2,914 (-99.4%), from €2,933 to €19
- Current portion of long-term debt -€1,925
down €1,925 (-100.0%), from €1,925 to €0
- Depreciation -€15,263
down €15,263 (-96.4%), from €15,827 to €564
- Taxes -€2,709
down €2,709 (-36.5%), from €7,424 to €4,715
- Gross operating margin -€1,301
down €1,301 (-5.0%), from €26,071 to €24,770
- Other operating charges +€905
up €905 (+44.1%), from €2,055 to €2,961
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 | €19,561 | €29,913 | +€10,352 | +52.9% |
| Fixed assets | 21/28 | €6,897 | €2,113 | -€4,784 | -69.4% |
| Tangible fixed assets | 22/27 | €6,717 | €1,933 | -€4,784 | -71.2% |
| Furniture and vehicles | 24 | €6,717 | €1,933 | -€4,784 | -71.2% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €12,664 | €27,800 | +€15,136 | +119.5% |
| Amounts receivable within one year | 40/41 | €3,054 | €6,817 | +€3,763 | +123.2% |
| Trade receivables | 40 | €844 | €2,257 | +€1,413 | +167.4% |
| Other amounts receivable | 41 | €2,210 | €4,560 | +€2,351 | +106.4% |
| Cash at bank and in hand | 54/58 | €9,476 | €5,705 | -€3,771 | -39.8% |
| Deferred charges and accrued income | 490/1 | €134 | €15,278 | +€15,145 | +11329.8% |
| Total equity and liabilities | 10/49 | €19,561 | €29,913 | +€10,352 | +52.9% |
| Equity | 10/15 | -€50,333 | -€34,103 | +€16,230 | +32.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €700 | €700 | = | 0.0% |
| Tax-exempt reserves | 132 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,433 | -€47,203 | +€16,230 | +25.6% |
| Amounts payable | 17/49 | €69,894 | €64,017 | -€5,877 | -8.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €69,894 | €64,017 | -€5,877 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €1,925 | €0 | -€1,925 | -100.0% |
| Trade debts | 44 | €2,933 | €19 | -€2,914 | -99.4% |
| Suppliers | 440/4 | €2,933 | €19 | -€2,914 | -99.4% |
| Taxes, remuneration and social security | 45 | €13,303 | €4,770 | -€8,533 | -64.1% |
| Taxes | 450/3 | €13,303 | €4,770 | -€8,533 | -64.1% |
| Other amounts payable | 47/48 | €51,733 | €59,227 | +€7,494 | +14.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,827 | €564 | -€15,263 | -96.4% |
| Other operating charges | 640/8 | €2,055 | €2,961 | +€905 | +44.1% |
| Gross operating margin | 9900 | €26,071 | €24,770 | -€1,301 | -5.0% |
| Operating profit (loss) | 9901 | €8,190 | €21,246 | +€13,057 | +159.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €330 | €301 | -€29 | -8.8% |
| Recurring financial charges | 65 | €330 | €301 | -€29 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €7,860 | €20,945 | +€13,086 | +166.5% |
| Income taxes | 67/77 | €7,424 | €4,715 | -€2,709 | -36.5% |
| Profit (loss) for the period | 9904 | €435 | €16,230 | +€15,795 | +3630.0% |
| Profit (loss) for the period to be appropriated | 9905 | €435 | €16,230 | +€15,795 | +3630.0% |
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 8 October 2026 via checked.be.